NOT LISTED FOR SALE

57487 Bailey St Marathon, FL 33050

Estimated Value: $557,502 - $820,000

2 Beds
1 Bath
912 Sq Ft
$699/Sq Ft Est. Value

Last Sold February 26, 2015

Last sale price $235,000 $258 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $3,595/month

2 Days on Market

Highlights

  • Fruit Trees
  • Deck
  • Wood Flooring
  • Coral Shores High School Rated A
  • Key West Architecture
  • 1-minute walk to Curry Hammock State Park

About This Home

As of February 2015

Key West Conch home in the heart of Grassy Key, Marathon. This cute home was originally built in KW and transported to Grassy Key in the 70's. It has been completely updated. Impact glass, metal roof, central AC, granite kitchen, tile, original wood floors in part of the house, newly landscaped, completely fenced yard, too many features to mention. Must see to appreciate.

Last Agent to Sell the Property

Karen Angle

Coldwell Banker Schmitt Real Estate Co. License #3125374 Listed on: 02/02/2015

Coldwell Banker Schmitt Real Estate Co.

Co-Listed By

Rick Servais

Coldwell Banker Schmitt Real Estate Co. License #3238499

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Rick Servais

Coldwell Banker Schmitt Real Estate Co. License #3238499

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,682

Year Built

  • Built in 1938

Lot Details

  • 6,000 Sq Ft Lot
  • Fenced
  • Fruit Trees
  • Property is zoned RM - Residential Medium

Parking

  • Carport

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 912 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • French Doors
  • Sun or Florida Room
  • Storage

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Screened Balcony
  • Deck
  • Patio
  • Outdoor Water Feature
  • Exterior Lighting
  • Shed
  • Rain Gutters

Utilities

  • Central Air
  • Propane
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Grassy Key Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00360340-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,682

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Mile Marker: 57.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2681.89
  • Title: Negotiable
  • Vehicle Storage: Carport, Trailer Storage
  • Year Built: 1938
  • Alternate Key Number: 1442429
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Deck, Screened P/B, Patio
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 912.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Storage, Granite Counter Top
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Oven, Microwave, Gas Appliances, Dryer
  • Floor: Carpet, Wood, Tile
  • Specialty Rooms: Sun/Florida Room
  • Windows/Doors: French Doors, Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Water Display, Shed, Storage, Rain Gutters, Outdoor Shower, Lighting, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: No Waterview

Utilities

  • Utilities: FKAA, Propane, Municipal Sewer
  • Heating: None

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00360340-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2024
Sold by
Taylor Peggy J and Taylor Kevin
Bought by
Preston Neil T and Ferretti Aja M
Current Estimated Value
$637,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,000
Outstanding Balance
$560,538
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$76,838

Purchase Details

Closed on
Dec 1, 2017
Sold by
Sutton Lyn D and Sutton Christina L
Bought by
Taylor Peggy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6%
Mortgage Type
Stand Alone First

Purchase Details

Listed on
Feb 2, 2015
Closed on
Feb 26, 2015
Sold by
Christ Jr Richard A and Christ Dawn L
Bought by
Sutton Lynn D and Sutton Christina I
Seller's Agent
Karen Angle
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Rick Servais
Coldwell Banker Schmitt Real Estate Co.
List Price
$249,000
Sold Price
$235,000
Premium/Discount to List
-$14,000
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%

Purchase Details

Closed on
Mar 15, 2012
Sold by
Taylor Patricia L
Bought by
Christ Jr Richard A and Christ Dawn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2001
Sold by
Nigel Jacks I
Bought by
Taylor Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1977
Bought by
Sutton Lyn D and Sutton Christina I
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

Date Buyer Sale Price Title Company
Preston Neil T $599,000 None Listed On Document
Taylor Peggy J $225,000 Attorney
Sutton Lynn D $235,000 None Available
Christ Jr Richard A $195,000 Attorney
Taylor Patricia $135,000 --
Sutton Lyn D $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preston Neil T $569,000
Previous Owner Taylor Peggy J $225,000
Previous Owner Christ Jr Richard A $150,000
Previous Owner Taylor Patricia $108,000
Previous Owner Taylor Patricia $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2015 02/26/15 Sold $235,000 -5.6% $258 / Sq Ft
02/04/2015 02/04/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $249,000 -- $273 / 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 $3,418 $489,080 $283,920 $205,160
2024 $3,318 $292,610 -- --
2023 $3,318 $284,088 $0 $0
2022 $3,269 $275,814 $0 $0
2021 $3,277 $267,781 $0 $0
2020 $3,204 $264,084 $140,400 $123,684
2019 $3,156 $259,431 $0 $0
2018 $3,028 $254,594 $121,680 $132,914
2017 $3,143 $233,187 $0 $0
2016 $2,978 $201,901 $0 $0
2015 $2,195 $160,969 $0 $0
2014 $2,171 $155,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 566557

Florida Keys Board of REALTORS®

APN: 00360340-000000