NOT LISTED FOR SALE

557 49th St Marathon, FL 33050

Estimated Value: $640,571 - $792,000

2 Beds
2 Baths
960 Sq Ft
$744/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $389,000 $405 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,275/month

364 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • Dock made with wood
  • Coral Shores High School Rated A
  • Beach
  • Boat Lift

About This Home

As of August 2020

Beautifully updated half duplex with 31 ft. of water frontage on deep water canal and a 10,000 lb. boat lift. Located just off Boot Key Harbor, Ocean or Bay access will be a breeze. Plenty of off street parking with room to store a boat trailer and a pool.The solid concrete construction, hurricane impact windows, low maintenance yard, charming waterfront patio and central Marathon location make this the perfect full time residence, weekend retreat or vacation rental property. MUST SEA!

Last Agent to Sell the Property

David Grego

Island Breeze Realty Branch Office License #BK3107004 Listed on: 07/10/2019

Last Buyer's Agent

David Grego

Island Breeze Realty Branch Office License #BK3107004 Listed on: 07/10/2019

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,020

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 5,250 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced

Home Design

  • Half Duplex

Interior Spaces

  • 960 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Canal Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Airstrip
  • Seawall
  • Boat Lift
  • Dock made with wood
  • Patio

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00324860-000000

Community Details

Overview

  • No Home Owners Association
  • Marameade Amd Subdivision

Recreation

  • Boat Ramp
  • Beach
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,020

Year Built

Built in 1972 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Wood
  • Dockage Dock Length: 31
  • Dockage Seawall: Concrete
  • Document Count: 3
  • Fee Includes: None
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Old Town East (25th to Sombrero)
  • Mile Marker: 49.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Community Boat Ramp, Bike Paths, Beach
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3020.23
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking, Trailer Storage
  • Vehicle Storage Cars: 3
  • Year Built: 1972
  • Alternate Key Number: 1398772
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 5250.00
  • Porch Balcony: Patio
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 960.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Smoke Alarms, Storage, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Range, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Oven
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window, Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Privacy Wall/Fence
  • Roof: Other Roof
  • Waterview: Canal View
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00324860-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2021
Sold by
Demarchena George and Demarchena Ivonne
Bought by
Olivera Lazaro and Olivera Maria Isabel
Current Estimated Value
$714,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,600
Outstanding Balance
$321,020
Interest Rate
2.99%
Estimated Equity
$393,123

Purchase Details

Listed on
Jul 10, 2019
Closed on
Aug 28, 2020
Sold by
Demarchena and Ivonne
Bought by
Olivera Lazaro and Olivera Maria-Isabel
Seller's Agent
David Grego
Island Breeze Realty Branch Office
Buyer's Agent
David Grego
Island Breeze Realty Branch Office
List Price
$488,000
Sold Price
$389,000
Premium/Discount to List
-$99,000
-20.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$311,200
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2017
Sold by
Brouwer Jorge and Barrena Alice
Bought by
Demarchena Gerorge and Demarchena Ivonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,900
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 4, 2006
Sold by
Merhaut Vladimir A and Merhaut Carmen P
Bought by
Demarchena George and Demarchena Ivonne

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
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 23, 2001
Bought by
Demarchena George and Demarchena Ivonne

Purchase Details

Closed on
Mar 1, 1982
Bought by
Demarchena George and Demarchena Ivonne

Purchase Details

Closed on
Apr 1, 1978
Bought by
Demarchena George and Demarchena Ivonne
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Olivera Lazaro $437,000 Attorney
Olivera Lazaro $389,000 Law Offices Of Thomas D Wright
Demarchena Gerorge $265,000 Law Offices Fo Thomas D
Demarchena George $750,000 Attorney
Demarchena George $222,000 --
Demarchena George $110,000 --
Demarchena George $51,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olivera Lazaro $349,600
Previous Owner Olivera Lazaro $311,200
Previous Owner Demarchena Gerorge $361,900
Previous Owner Brouwer Jorge $250,000
Closed Demarchena George $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $389,000 -2.5% $405 / Sq Ft
06/23/2020 06/23/20 Price Changed $399,000 -3.9% $416 / Sq Ft
03/24/2020 03/24/20 Price Changed $415,000 -4.4% $432 / Sq Ft
02/08/2020 02/08/20 Price Changed $433,900 -1.2% $452 / Sq Ft
12/18/2019 12/18/19 Price Changed $439,000 -10.0% $457 / Sq Ft
07/10/2019 07/10/19 For Sale $488,000 -- $508 / 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 $4,970 $512,498 $313,438 $199,060
2023 $4,970 $532,497 $350,313 $182,184
2022 $4,475 $419,232 $232,313 $186,919
2021 $4,493 $311,931 $157,641 $154,290
2020 $4,643 $333,431 $157,641 $175,790
2019 $5,148 $343,896 $165,938 $177,958
2018 $4,697 $305,125 $124,578 $180,547
2017 $4,835 $347,588 $0 $0
2016 $4,646 $314,183 $0 $0
2015 $4,317 $258,047 $0 $0
2014 $4,092 $225,269 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    David Grego

    Island Breeze Realty Branch Office

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 586441

Florida Keys Board of REALTORS®

APN: 00324860-000000

Florida Monroe County Marathon 33050

557 49th St, Marathon, FL

This home is located at 557 49th St, Marathon, FL 33050 since 10 July 2019 and is currently estimated at $714,143, approximately $743 per square foot. This property was built in 1972. 557 49th St is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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