NOT LISTED FOR SALE

57181 Morton St Marathon, FL 33050

Estimated Value: $2,422,000 - $2,941,268

3 Beds
3 Baths
1,750 Sq Ft
$1,574/Sq Ft Est. Value

Sale Details

Date Sold: June 8, 2020

Last sale price $1,800,000 $1,029 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $16,387 / mo

33 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • Boat Lift
  • Coral Shores High School Rated A
  • Property fronts gulf or ocean
  • Concrete Pool

About This Home

As of June 2020

LEAVE REALITY BEHIND and ESCAPE to your secluded OPEN WATER PARADISE...located on a private road of renowned Morton Street extension in Grassy Key, this 3 Bedroom/ 3 Bathroom GULF FRONT home has been very well maintained by the owners. An extensive list of improvements are included & sold FURNISHED! The owners spared no expense to make this THE PERFECT KEYS GETAWAY! Property is zoned RM and buyer could build additional homes with permit. GATED & QUIET, enjoy the sounds of the Gulf as you relax in your screened-in salt water pool complete with a waterfall feature! Or perhaps, take your watercrafts out for a spin from your very own protected cut-in canal or from the dock, boat lift or Boat ramp. Crystal clear waters surrounding make it easy to watch your catch or snorkel for lobsters.

Last Agent to Sell the Property

Rick Servais

Coldwell Banker Schmitt Real Estate Co. License #3238499 Listed on: 04/22/2020

Coldwell Banker Schmitt Real Estate Co.

Co-Listed By

Monica Barrett

Coldwell Banker Schmitt Real Estate Co. License #SL3345718

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,255

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 30,789 Sq Ft Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Privacy Fence
  • Fenced
  • Sprinkler System
  • Property is zoned RM - Residential Medium

Home Design

  • Tile Roof

Interior Spaces

  • 1,750 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Furnished
  • Bar
  • Ceiling Fan
  • Blinds
  • Tile Flooring
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Electric Gate
  • Guest Parking
  • Open Parking
  • RV or Boat Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Airstrip
  • Rip-Rap
  • Boat Lift
  • Boat Ramp
  • Dock made with Composite Material
  • Balcony
  • Screened Patio
  • Outdoor Water Feature
  • Shed

Location

  • Ground Level

Utilities

  • Central Air
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00099390-000000

Community Details

Overview

  • No Home Owners Association
  • Grassy Key Subdivision
  • RV Parking in Community

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,255

Year Built

Built in 1959 | Remodeled

Lot Details

0.71 Acres

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
  • Dockage Seawall: Rip Rap
  • Fee Includes: None
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Grassy Key
  • Mile Marker: 58.90
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Other Area Features, Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 13255.05
  • Title: Title Ins - Buyer
  • Vehicle Storage: Guest Parking, Open Parking, Trailer Storage, RV Parking Open
  • Vehicle Storage Cars: 4+
  • Year Built: 1959
  • Alternate Key Number: 1116157
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 30788.67
  • Pool Info: Concrete, Salt Water, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Screened Patio, Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1750.00
  • Pool Info Other: Automatic Filling
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Smoke Alarms, Window Treatments, Wet Bar, Split Bedroom, Granite Counter Top, Drapes/Blinds Incl, Built-in Cabinets
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Wine Cooler, Stainless Steel Appliance(s), Washer, Range, Refrigerator, Ice Machine, Oven, Microwave, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Appliances Other: Beer/soda Fridge
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Basin, Boat Ramp, Boat Lift
  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Water Display, Shed, Sprinkler System, Privacy Wall/Fence
  • Roof: Tile Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify, Propane, Municipal Sewer, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,VE
  • Parcel Number: 00099390-000000
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.66

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2020
Closed on
Jun 8, 2020
Sold by
Tabares Maria and Bailey Janet
Bought by
57181 Morton Street Llc
Seller's Agent
Rick Servais
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Creative Technology
List Price
$1,895,000
Sold Price
$1,800,000
Premium/Discount to List
-$95,000
-5.01%
Current Estimated Value
$2,717,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$917,758
Avg. Annual Appreciation
7.56%

Purchase Details

Listed on
Jun 15, 2015
Closed on
Sep 9, 2015
Sold by
Patten Forest
Bought by
Tabares Maria and Bailey Janet
Seller's Agent
Joan Kelley
Ocean Sotheby's International Realty
Buyer's Agent
Sue Mooney, P.A., REALTOR(r)
Freewheeler Realty, Inc.
List Price
$1,500,000
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.91%
Original Mortgage
$529,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2015
Sold by
Patten Sharon
Bought by
Patten Forest

Purchase Details

Closed on
May 4, 2012
Sold by
Hellmuth Joseph A and Hellmuth Regina M
Bought by
Patten Forest and Patten Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1989
Bought by
Tabares Maria

Purchase Details

Closed on
May 1, 1983
Bought by
Tabares Maria

Purchase Details

Closed on
Apr 1, 1980
Bought by
Tabares Maria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
57181 Morton Street Llc $1,800,000 Attorney
Tabares Maria $1,500,000 Attorney
Patten Forest -- None Available
Patten Forest $875,000 Coral Reef Title Company
Tabares Maria $305,000 --
Tabares Maria $220,000 --
Tabares Maria $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tabares Maria $529,000
Previous Owner Patten Forest $656,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2020 06/08/20 Sold $1,800,000 -5.0% $1,029 / Sq Ft
05/25/2020 05/25/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $1,895,000 +26.3% $1,083 / Sq Ft
09/09/2015 09/09/15 Sold $1,500,000 0.0% $833 / Sq Ft View Prior Sale
09/04/2015 09/04/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $1,500,000 -- $833 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $21,013 $2,607,873 $2,035,730 $572,143
2024 $19,795 $2,821,696 $2,296,721 $524,975
2023 $19,795 $2,627,794 $2,111,127 $516,667
2022 $16,564 $1,860,100 $1,372,233 $487,867
2021 $15,203 $1,483,202 $1,027,145 $456,057
2020 $13,545 $1,378,180 $0 $0
2019 $13,255 $1,347,195 $0 $0
2018 $12,546 $1,322,076 $0 $0
2017 $12,312 $1,294,884 $0 $0
2016 $12,444 $1,268,251 $0 $0
2015 $10,734 $1,123,393 $0 $0
2014 $9,701 $922,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 590619

Florida Keys Board of REALTORS®

APN: 00099390-000000

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