Seller's Agent in 2023
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
(305) 797-1221
637 Total Sales
57681 Morton St Marathon, FL 33050
Estimated Value: $3,490,000 - $6,204,000
3
Beds
4
Baths
4,692
Sq Ft
$1,133/Sq Ft
Est. Value
Highlights
- Property fronts gulf or ocean
- Boat Lift
- Solar Power System
- Coral Shores High School Rated A
- Heated In Ground Pool
- RV Parking in Community
About This Home
As of February 2023Custom built, modern masterpiece with pool situated on over 3 private acres of tropical paradise with Open Water views. Over 4,600 sq. ft. of living space on two levels with a 2,100 sq. ft. garage with loft constructed with high performance structural insulated panels (SIP) resulting in an extremely strong, energy efficient & cost-effective home capable of withstanding a category 5 hurricane. Retractable sliding glass doors on both levels welcome the outside in & allow you to appreciate the stunning turquoise open water views. On the main level you will find a dream kitchen complete with Sub-Zero refrigerator, 2 beverage refrigerators, built-in cooking steamer, 2 dishwashers, Wolf gas and electric range, warming drawer, built-in wood or gas burning pizza oven & ample cabinetry and pantry storage. The enormous kitchen opens directly into the great room and dining areas, both with unbelievable views. Split bedroom floorplan with the main master suite on the west side of the home includes not one, but two master bathrooms! On the opposite wing, you'll find a 2nd master suite and additional guest bedroom and bathroom. Both master suites have picture perfect views from floor to ceiling windows. An elevator transports you to the 2nd level of the home open to the living space below with a built-in wet bar ideal for entertaining and enjoying the perfect sunset cocktail. Once again, retractable sliding glass doors lead you onto the balconies overlooking the bay. Continue to the rooftop deck and enjoy an unforgettable view of the sun setting over the open water. A catwalk takes you to the massive garage with car lift and pulley system as well as a loft for the perfect artist studio or office space. Hangar doors with 13'6'' clearance allows parking for large vehicles & boats. Private heated & cooled pool with electric cover is surrounded by lush tropical landscape. 300 ft. dock reaches into the sea with a 20K and 40K boat lift. A true tropical retreat in paradise!
Last Agent to Sell the Property
Coldwell Banker Schmitt Lower Keys (KW) License #605677 Listed on: 06/09/2022
Last Buyer's Agent
American Caribbean Real Estate, Christie's International Real Estate License #0703307
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,470
Year Built
- Built in 2013
Lot Details
- 3.28 Acre Lot
- Property fronts gulf or ocean
- Property Fronts a Bay or Harbor
- Property is zoned RM - Residential Medium
Home Design
- Concrete Roof
- Pre-Cast Concrete Construction
Interior Spaces
- 4,692 Sq Ft Home
- Elevator
- Wet Bar
- Bar
- Ceiling Fan
- Sliding Doors
- Loft
- Storage
- Concrete Flooring
- Gulf Views
Kitchen
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- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Granite Countertops
- Built-In or Custom Kitchen Cabinets
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Complete Electric Power Shutters
- Impact Glass
Parking
- 4 Car Garage
- Carport
- Automatic Garage Door Opener
- Open Parking
Eco-Friendly Details
- Solar Power System
- Solar Water Heater
Pool
- Heated In Ground Pool
- Fiberglass Pool
- Pool Deck
Outdoor Features
- Boat Lift
- Dock made with Composite Material
- Balcony
- Patio
- Outdoor Storage
Utilities
- Ductless Heating Or Cooling System
- Propane
- Cistern
- Public Hookup Available For Sewer
Listing and Financial Details
- Minimum Rental Period: 7
- Assessor Parcel Number 00374790-000000
Community Details
Overview
- No Home Owners Association
- Grassy Key Subdivision
- Rental Restrictions
- RV Parking in Community
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2022
Closed on
Feb 17, 2023
Sold by
Mitchell David M and Mitchell Gayle P
Bought by
Horan John Joseph
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Lorie Leal
American Caribbean Real Estate, Christie's International Real Estate
List Price
$5,995,000
Sold Price
$5,550,000
Premium/Discount to List
-$445,000
-7.42%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$233,403
Avg. Annual Appreciation
-1.76%
Purchase Details
Closed on
May 12, 2008
Sold by
Sutton Lyn D and Sutton Christina T
Bought by
Mitchell David M and Kosterman Gayle P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
5.86%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 8, 2003
Sold by
Francavilla John J and Francavilla Kandi K
Bought by
Sutton Lynn Douglas and Sutton Christina L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.5%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 1, 1995
Bought by
Kosterman Gayle P
Purchase Details
Closed on
Aug 1, 1994
Bought by
Kosterman Gayle P
Purchase Details
Closed on
Mar 18, 1994
Sold by
Buehrer Robert
Bought by
Dibiaso Stephen and Birchfield Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,088
Interest Rate
7.1%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Horan John Joseph | $5,500,000 | Bankers Title & Escrow Service | |
| Mitchell David M | $1,800,000 | Attorney | |
| Sutton Lynn Douglas | $955,000 | Coral Reef Title | |
| Kosterman Gayle P | $490,000 | -- | |
| Kosterman Gayle P | $275,000 | -- | |
| Dibiaso Stephen | $455,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mitchell David M | $1,350,000 | |
| Previous Owner | Sutton Lynn Douglas | $500,000 | |
| Previous Owner | Dibiaso Stephen | $415,088 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/17/2023 02/17/23 | Sold | $5,550,000 | -4.2% | $1,183 / Sq Ft |
| 02/17/2023 02/17/23 | Pending | -- | -- | -- |
| 08/24/2022 08/24/22 | Price Changed | $5,795,000 | -3.3% | $1,235 / Sq Ft |
| 06/09/2022 06/09/22 | For Sale | $5,995,000 | -- | $1,278 / Sq Ft |
Source: Marathon and Lower Keys Association of REALTORS®
Tax History Compared to Growth
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 | $20,334 | $4,545,507 | $2,726,560 | $1,818,947 |
| 2023 | $20,334 | $2,128,180 | $0 | $0 |
| 2022 | $20,081 | $2,066,195 | $0 | $0 |
| 2021 | $20,470 | $2,006,015 | $0 | $0 |
| 2020 | $19,898 | $1,978,319 | $0 | $0 |
| 2019 | $19,484 | $1,933,841 | $0 | $0 |
| 2018 | $18,462 | $1,897,784 | $0 | $0 |
| 2017 | $18,130 | $1,858,751 | $0 | $0 |
| 2016 | $18,324 | $1,820,521 | $0 | $0 |
| 2015 | $17,961 | $1,789,252 | $0 | $0 |
| 2014 | $17,904 | $1,695,717 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Ferringo
-
Lorie Leal
Buyer's Agent in 2023
Lorie Leal
American Caribbean Real Estate, Christie's International Real Estate
(305) 942-6044
156 Total Sales
-
Carlos Lorenzo
Buyer Co-Listing Agent in 2023
Carlos Lorenzo
American Caribbean Real Estate, Christie's International Real Estate
(954) 450-2000
138 Total Sales
Map
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 601344
APN: 00374790-000000
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