NOT LISTED FOR SALE

57547 Gibson St Marathon, FL 33050

Estimated Value: $537,000 - $577,000

3 Beds
1 Bath
952 Sq Ft
$585/Sq Ft Est. Value

Last Sold October 17, 2024

Last sale price $565,000 $593 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,221/month

42 Days on Market

Highlights

  • RV or Boat Parking
  • RV Parking in Community
  • No HOA
  • Coral Shores High School Rated A
  • Deck
  • 1-minute walk to Curry Hammock State Park

About This Home

As of October 2024

Welcome to your affordable Keys Cottage on a charming corner lot, complete with two driveways to accommodate all your vehicles and toys! This well-loved and meticulously maintained home is move-in ready, offering a seamless blend of comfort and style. The open living, dining, and kitchen areas feature luxury vinyl plank floors, creating a modern yet cozy atmosphere.Step outside to the inviting deck, equipped with a sailshade for relaxing mornings with a coffee or afternoons enjoying an adult beverage. New metal roof 4-24 & New A/C 6-23. With three spacious bedrooms, this home is perfect for hosting the many guests who will be eager to visit you in paradise.Additional storage is provided by an 8 x 16 Lark shed in the large, flat yard, ensuring you have ample space for all your belongings. Ideally situated just a short walk from Sunset Bay Park, you'll have easy access to launch your kayak or paddleboard, or simply enjoy the stunning sunsets and local wildlife, including songbirds, white crown pigeons, hawks, vultures, osprey, woodpeckers, mockingbirds, cardinals, and hummingbirds.Welcome home to Sunset Bay on Grassy Key, where your slice of paradise awaits!

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 07/27/2024

Ocean Sotheby's International

Co-Listed By

Tracy Chacksfield

Berkshire Hathaway HomeServices Keys Real Estate License #SL3510758

Last Buyer's Agent

April Struhs

Coldwell Banker Schmitt Key Largo License #3421340

Coldwell Banker Schmitt Key Largo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,344

Year Built

  • Built in 1971 | Remodeled

Lot Details

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

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 952 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Vinyl Flooring
  • Impact Glass

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Deck
  • Shed

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00360580-000000

Community Details

Overview

  • No Home Owners Association
  • Sunset Bay Subdivision
  • RV Parking in Community

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,344

Year Built

Built in 1971 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Mandatory HOA: No
  • Document Count: 2
  • Fee Includes: None
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Grassy Key
  • Mile Marker: 56.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3344.39
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, RV Parking Open, Trailer Storage, Off Street Parking, Guest Parking
  • Year Built: 1971
  • Alternate Key Number: 1442666
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Deck
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 952.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Pantry, Window Treatments, Walk-in Closet(s)
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Vinyl
  • Windows/Doors: Single Hung Windows, Impact Rstnce Window, Impact Rstnce Doors, Other Windows/Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Shed
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Cable Available, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00360580-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2024
Closed on
Oct 17, 2024
Sold by
Brown William M and Brown Pamela M
Bought by
Bozone Philip and Bozone Marlen
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
April Struhs
Coldwell Banker Schmitt Key Largo
List Price
$580,000
Sold Price
$565,000
Premium/Discount to List
-$15,000
-2.59%
Views
92
Current Estimated Value
$556,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,543
Avg. Annual Appreciation
-1.51%
Original Mortgage
$452,000
Outstanding Balance
$447,248
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$109,209

Purchase Details

Listed on
Apr 4, 2016
Closed on
Jul 5, 2017
Sold by
Baltzersen Michael W and Baltzersen Allison W
Bought by
Brown William M and Brown Pamela M
Seller's Agent
Lea Ruesch
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Diane Corliss
Realty Executives - Sugarloaf
List Price
$315,000
Sold Price
$297,000
Premium/Discount to List
-$18,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$237,600
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2005
Sold by
Worley Sandy
Bought by
Baltzersen Michael W and Baltzersen Allison W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 1999
Sold by
Austin Robert E
Bought by
Austin Robert E and Worley Sandy

Purchase Details

Closed on
Nov 1, 1978
Bought by
Baltzersen Michael W and Baltzersen Allison W
Source: Public Records

Range of Values:

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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
Bozone Philip $565,000 None Listed On Document
Brown William M $297,000 Attorney
Baltzersen Michael W $395,000 --
Austin Robert E -- --
Baltzersen Michael W $36,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bozone Philip $452,000
Previous Owner Brown William M $237,600
Previous Owner Baltzersen Michael W $316,000
Previous Owner Austin Robert E $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2024 10/17/24 Sold $565,000 -2.6% $593 / Sq Ft
07/27/2024 07/27/24 For Sale $580,000 +95.3% $609 / Sq Ft
07/06/2017 07/06/17 Sold $297,000 -5.7% $312 / Sq Ft View Prior Sale
05/05/2017 05/05/17 Pending -- -- --
04/04/2016 04/04/16 For Sale $315,000 -- $331 / Sq Ft
Source: Marathon and Lower Keys Association 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 $3,344 $295,604 -- --
2023 $3,344 $286,995 $0 $0
2022 $3,295 $278,636 $0 $0
2021 $3,304 $270,521 $0 $0
2020 $3,230 $266,786 $0 $0
2019 $3,169 $260,788 $0 $0
2018 $3,015 $253,283 $121,680 $131,603
2017 $2,892 $218,677 $0 $0
2016 $2,742 $188,420 $0 $0
2015 $2,642 $183,934 $0 $0
2014 $2,474 $150,188 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 610919

APN: 00360580-000000