NOT LISTED FOR SALE

538 27th Street Ocean Marathon, FL 33050

Estimated Value: $727,000 - $788,658

2 Beds
2 Baths
1,149 Sq Ft
$664/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $440,000 $383 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,749/month

20 Days on Market

Highlights

  • Dock made with concrete
  • Home fronts a canal
  • Granite Countertops
  • Coral Shores High School Rated A
  • Sun or Florida Room
  • No HOA

About This Home

As of January 2021

Calling all boaters and anglers! Eastern exposure two bedroom, two bathroom, Florida Keys style fishing cottage is located right off Boot Key Harbor. 55 feet of deep water dockage and a 20,000 lb. boat lift, this property can accommodate larger vessels. The canal facing galley kitchen features stainless steel appliances and granite counter tops. The open concept office/den/breakfast nook has waterfront views from every window. Some additional notable features of this property include a Florida room, den, central a/c, accordion storm shutters, tiled floors throughout, brick paver patio with gazebo, inside and outside storage. There is covered parking for two vehicles and additional space along side the carport for your boat trailer/RV. Super clean, and in move in condition.

Last Agent to Sell the Property

Jo Ann Cook

Ocean Sotheby's International License #3330898 Listed on: 12/22/2020

Ocean Sotheby's International

Co-Listed By

Deborah Smith

American Caribbean Real Estate - Middle Keys

Last Buyer's Agent

Stephanie Wise

Keller Williams Key West Compass Realty License #3414367

Keller Williams Key West Compass Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,733

Year Built

  • Built in 1962

Lot Details

  • 4,125 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned RM - Residential Medium

Home Design

  • HardiePlank Siding

Interior Spaces

  • 1,149 Sq Ft Home
  • Jalousie or louvered window
  • Double Hung Windows
  • Sliding Doors
  • Workshop
  • Sun or Florida Room
  • Utility Room
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Complete Accordion Shutters

Parking

  • Carport
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Seawall
  • Dock made with concrete
  • Patio

Location

  • Ground Level

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Harbor Isle Subdivision

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00322720-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,733

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 6
  • Dockage Dock: Concrete
  • Dockage Dock Length: 55
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Old Town East (25th to Sombrero)
  • Mile Marker: 48.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2733.05
  • Title: Negotiable
  • Vehicle Storage: Carport, Trailer Storage, Off Street Parking, Open Parking
  • Year Built: 1962
  • Alternate Key Number: 1396966
  • Building Style: Ground Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 4125.00
  • Porch Balcony: Patio
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1149.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave
  • Floor: Tile
  • Specialty Rooms: Sun/Florida Room, Utility Room, Workshop
  • Windows/Doors: Double Hung Windows, Sliding Glass Doors, Jalousie Windows
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Combo Construction, Hardi Board Siding
  • Roof: Other Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: Cable Available, Municipal Sewer, Water Separate Meter, Elect Separate Meter, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00322720-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2021
Sold by
Bolt Lori and Bolt Ezra Eyal
Bought by
Blue Ocean Bungalow Llc
Current Estimated Value
$770,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$66,006
Interest Rate
2.96%
Mortgage Type
Balloon
Estimated Equity
$709,721

Purchase Details

Listed on
Dec 22, 2020
Closed on
Jan 22, 2021
Sold by
Larsen Phillip C
Bought by
Bolt Lori and Bolt Ezra Eyal
Seller's Agent
Jo Ann Cook
Ocean Sotheby's International
Buyer's Agent
Stephanie Wise
Keller Williams Key West Compass Realty
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%

Purchase Details

Closed on
Nov 18, 2020
Sold by
Fales Timothy A
Bought by
Larsen Philip C

Purchase Details

Closed on
Apr 9, 2010
Sold by
Mills Phillip L and Mills Larue
Bought by
Fales Timothy A and Fales Michelle E

Purchase Details

Closed on
Mar 26, 2007
Sold by
Avery Grant W and Avery Kristina
Bought by
Mills Phillip L

Purchase Details

Closed on
Sep 5, 2002
Sold by
Alphonso J Locascio I
Bought by
Avery Grant W and Avery David L

Purchase Details

Closed on
Nov 3, 1998
Sold by
Stroud Loretta M
Bought by
Locascio Alphonso J
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Blue Ocean Bungalow Llc $605,000 Attorney
Bolt Lori $440,000 Florida Title Professional
Larsen Philip C $340,000 Attorney
Fales Timothy A $300,000 Attorney
Mills Phillip L $450,000 Century Title Corporation
Avery Grant W $200,000 --
Locascio Alphonso J $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blue Ocean Bungalow Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $440,000 -2.0% $383 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
12/22/2020 12/22/20 For Sale $449,000 -- $391 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $6,612 $729,226 $449,955 $279,271
2023 $6,612 $789,232 $508,283 $280,949
2022 $5,622 $538,405 $366,630 $171,775
2021 $4,249 $375,700 $197,897 $177,803
2020 $2,796 $274,340 $0 $0
2019 $2,733 $268,173 $0 $0
2018 $2,600 $263,173 $0 $0
2017 $3,054 $257,761 $0 $0
2016 $3,071 $252,460 $0 $0
2015 $3,059 $250,705 $0 $0
2014 $3,086 $247,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593879

Florida Keys Board of REALTORS®

APN: 00322720-000000