NOT LISTED FOR SALE

57437 Morton St Marathon, FL 33050

Estimated Value: $2,022,000 - $2,649,000

3 Beds
3 Baths
1,658 Sq Ft
$1,445/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $1,575,000 $950 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $13,992/month

30 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • Property fronts gulf or ocean
  • Coral Shores High School Rated A
  • Beach
  • 1-minute walk to Curry Hammock State Park

About This Home

As of August 2019

''Blue Palms'' Your Key to Paradise. Enjoy sunsets and relaxing by the pool in your private backyard oasis ~ Located on a private road of renowned Morton Street extension in Grassy Key, This 3 Bedroom/ 3 Bathroom OPEN GULF home is a very successful weekly rental grossing upwards of 150K/ year and is being sold TURN KEY... future rentals will be honored. An extensive list of amenities are included with the home and the owners spared no expense to make this the perfect KEYS getaway! Updated kitchen includes granite counters & stainless steel appliances along with impact windows and a metal roof, etc. YOUR PARADISE AWAITS!

Last Agent to Sell the Property

Rick Servais

Coldwell Banker Schmitt Real Estate Co. License #3238499 Listed on: 06/17/2019

Coldwell Banker Schmitt Real Estate Co.

Co-Listed By

Monica Barrett

Coldwell Banker Schmitt Real Estate Co. License #SL3345718

Last Buyer's Agent

Betty Pfeifer

Coldwell Banker Residential - Berasch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,681

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 0.43 Acre Lot
  • Property fronts gulf or ocean
  • Fenced
  • Property is zoned RM - Residential Medium

Home Design

  • Frame Construction
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,658 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Shutters
  • Blinds
  • Workshop
  • Sun or Florida Room
  • Storage
  • Utility Room
  • Gulf Views

Kitchen

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

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • Carport
  • Guest Parking
  • Open Parking
  • RV or Boat Parking

Pool

  • Heated In Ground Pool
  • Fiberglass Pool
  • Outdoor Shower

Outdoor Features

  • Airstrip
  • Dock made with wood
  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00099400-000000

Community Details

Overview

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

Recreation

  • Boat Ramp
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,681

Year Built

Built in 1979 | Remodeled

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
  • Dockage Dock: Wood
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • 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, Community Boat Ramp, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Seller Finance
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6680.70
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Trailer Storage, Open Parking, RV Parking Open, Guest Parking, Garage
  • Vehicle Storage Cars: 4+
  • Year Built: 1979
  • Alternate Key Number: 1116165
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 18900.00
  • Pool Info: Fiberglass, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1658.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Smoke Alarms, Storage, Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Oven, Stainless Steel Appliance(s), Refrigerator, Range, Microwave, Dryer
  • Floor: Tile, Vinyl
  • Specialty Rooms: Laundry Room, Utility Room, Workshop, Sun/Florida Room
  • Windows/Doors: Impact Rstnce Doors, Other Windows/Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Gulf Front, Open Water
  • Waterfront: Yes
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Fencing, Storage, Outdoor Shower, Lighting
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: Buyer to Verify, Water Separate Meter, Municipal Sewer, Elect Separate Meter, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,VE
  • Parcel Number: 00099400-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.43

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2019
Closed on
Aug 15, 2019
Sold by
Ruchalski Thomas S and Ruchalski Shari A
Bought by
H & R Morton Llc
Seller's Agent
Rick Servais
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Betty Pfeifer
Coldwell Banker Residential - Berasch
List Price
$1,599,000
Sold Price
$1,575,000
Premium/Discount to List
-$24,000
-1.5%
Current Estimated Value
$2,396,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$821,453
Avg. Annual Appreciation
6.73%
Original Mortgage
$787,500
Outstanding Balance
$688,150
Interest Rate
3.8%
Mortgage Type
Balloon
Estimated Equity
$1,708,303

Purchase Details

Listed on
Dec 21, 2012
Closed on
May 16, 2013
Sold by
Benjamin Gerald David
Bought by
Ruchalski Thomas S and Ruchalski Shari
Seller's Agent
Gidget Jackson
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Natalia Osorno
Berkshire Hathaway HomeServices Freewheeler Realty
List Price
$825,000
Sold Price
$760,000
Premium/Discount to List
-$65,000
-7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.37%
Original Mortgage
$417,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2006
Bought by
Ruchalski Thomas S and Ruchalski Shari

Purchase Details

Closed on
May 1, 1995
Bought by
Ruchalski Thomas S and Ruchalski Shari

Purchase Details

Closed on
Dec 1, 1982
Bought by
Ruchalski Thomas S and Ruchalski Shari

Purchase Details

Closed on
Sep 1, 1978
Bought by
Ruchalski Thomas S and Ruchalski Shari
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
H & R Morton Llc $1,575,000 Attorney
Ruchalski Thomas S $760,000 Attorney
Ruchalski Thomas S $100 --
Ruchalski Thomas S $381,000 --
Ruchalski Thomas S $147,500 --
Ruchalski Thomas S $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open H & R Morton Llc $787,500
Previous Owner Ruchalski Thomas S $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2019 08/15/19 Sold $1,575,000 -1.5% $950 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $1,599,000 +110.4% $964 / Sq Ft
05/16/2013 05/16/13 Sold $760,000 -7.9% $458 / Sq Ft View Prior Sale
04/03/2013 04/03/13 Pending -- -- --
12/21/2012 12/21/12 For Sale $825,000 -- $498 / 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
2025 $19,017 $1,991,465 $1,547,910 $443,555
2024 $17,847 $2,189,685 $1,746,360 $443,325
2023 $17,847 $2,006,723 $1,587,600 $419,123
2022 $16,403 $1,762,693 $1,031,940 $730,753
2021 $15,344 $1,479,606 $814,968 $664,638
2020 $13,690 $1,299,500 $630,079 $669,421
2019 $8,989 $816,238 $504,063 $312,175
2018 $8,471 $815,614 $499,262 $316,352
2017 $7,695 $709,482 $0 $0
2016 $7,992 $717,376 $0 $0
2015 $8,280 $748,605 $0 $0
2014 $8,138 $714,228 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 586135

Florida Keys Board of REALTORS®

APN: 00099400-000000