NOT LISTED FOR SALE

526 Sombrero Beach Rd Marathon, FL 33050

Estimated Value: $1,576,000 - $1,935,000

2 Beds
2 Baths
1,440 Sq Ft
$1,205/Sq Ft Est. Value

Sale Details

Date Sold: February 2, 2018

Last sale price $875,000 $608 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $10,284 / mo

1 Day on Market

Highlights

  • Ocean View
  • Beach
  • In Ground Pool
  • Coral Shores High School Rated A
  • Boat Lift
  • Home fronts a canal

About This Home

As of February 2018

Beautiful turn key 2 bed 2 bath home fully furnished weekly vacation rental home with a view of the ocean and a quick ride to the ocean with your boat waits for a new owner. Large open living area with vaulted ceilings and a large screened porch is perfect for entertaining and very short walk to the beach . . The home is very well kept and is a must see . minimum 24 hrs notice as it is solidly booked thru Aprill

Last Agent to Sell the Property

Louis Condos

Home Edge Inc. (KW) Listed on: 01/11/2018

Co-Listed By

Mary Jo Rostien

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3207882

Last Buyer's Agent

Lea Ruesch

Coldwell Banker Schmitt Real Estate Co. License #3067152

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,318

Year Built

  • Built in 1994

Lot Details

  • 8,806 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned RM-1 - Residential Medium - 1

Parking

  • Off-Street Parking

Property Views

  • Ocean
  • Canal

Interior Spaces

  • 1,440 Sq Ft Home
  • Furnished
  • Tile Flooring
  • Impact Glass
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Davits
  • Boat Lift
  • Dock made with Composite Material
  • Balcony
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00354860-000000

Community Details

Overview

  • No Home Owners Association
  • Sombrero Bch Village Subdivision
  • Rental Restrictions

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,318

Year Built

Built in 1994

Lot Details

8,806 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Composite
  • Fee Includes: Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: Yes
  • Mile Marker: 49.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 7318.10
  • Vehicle Storage: Off Street Parking
  • Year Built: 1994
  • Alternate Key Number: 1432598
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air
  • Lot Sq Ft: 8806.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1440.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Range
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Lift, Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Outdoor Shower, Storage
  • Roof: Other Roof
  • Waterview: Canal View, Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00354860-000000
  • Lot Size: 8806
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.20

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2016

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
Jan 31, 2018
Sold by
Bought by
Seller's Agent
Louis Condos
Home Edge Inc. (KW)
Buyer's Agent
Lea Ruesch
Coldwell Banker Schmitt Real Estate Co.
List Price
$875,000
Sold Price
$875,000
Current Estimated Value
$1,735,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$860,615
Avg. Annual Appreciation
8.47%

Purchase Details

Closed on
Jun 25, 2015
Sold by
Bought by

Purchase Details

Listed on
Jan 8, 2015
Closed on
Mar 26, 2015
Sold by
Bought by
Seller's Agent
David Grego
Island Breeze Realty, LLC
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$779,000
Sold Price
$760,000
Premium/Discount to List
-$19,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%

Purchase Details

Closed on
Jun 24, 2008
Sold by
Bought by

Purchase Details

Closed on
Nov 26, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 15, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 28, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,625
Interest Rate
8.63%

Purchase Details

Closed on
Oct 2, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1990
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$875,000 Attorney
-- Attorney
$760,000 None Available
$605,000 --
$1,000 None Available
$1,000 None Available
$615,000 --
$349,300 --
$255,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $492,000
Previous Owner $61,625
Previous Owner $242,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2018 02/02/18 Sold $875,000 0.0% $608 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $875,000 +15.1% $608 / Sq Ft
03/26/2015 03/26/15 Sold $760,000 -2.4% $528 / Sq Ft View Prior Sale
03/05/2015 03/05/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $779,000 -- $541 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,583 $1,429,147 $1,017,621 $411,526
2024 $10,873 $1,365,836 $961,087 $404,749
2023 $10,873 $1,256,988 $862,284 $394,704
2022 $10,146 $1,147,217 $746,302 $400,915
2021 $8,978 $802,448 $433,836 $368,612
2020 $8,917 $809,375 $433,836 $375,539
2019 $8,729 $789,538 $408,013 $381,525
2018 $8,358 $790,041 $408,013 $382,028
2017 $7,657 $705,443 $0 $0
2016 $7,318 $648,072 $0 $0
2015 $6,250 $538,875 $0 $0
2014 $6,021 $501,453 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578178

Florida Keys Board of REALTORS®

APN: 00354860-000000

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