NOT LISTED FOR SALE

58315 Morton St Marathon, FL 33050

Estimated Value: $1,443,000 - $2,320,000

3 Beds
2 Baths
1,161 Sq Ft
$1,608/Sq Ft Est. Value

Last Sold March 17, 2022

Last sale price $1,675,000 $1,443 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,992/month

5 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Boat Lift
  • No HOA
  • Coral Shores High School Rated A
  • Cathedral Ceiling
  • Screened Balcony

About This Home

As of March 2022

Turquoise ocean views surrounded by lush tropical landscape! Take in the breathtaking sea and sunset views from the Rooftop Deck of this fabulous 3 Bedroom 2 Bath tropical oasis. Open floorplan with cathedral ceilings and tile throughout. Split bedroom layout with one bedroom that has been converted to a laundry room and can easily be transformed to a third bedroom or office. Master retreat featuring a walk-in closet, double French doors leading onto a screened in balcony overlooking the water, and an en-suite bathroom with soaking tub. Spacious 12,420 sq. ft. lot with lush, mature landscaping for privacy. Boater's dream boasting over 600 ft. dock reaching over the serene bay with a boat lift and kayak hoist making getting out and exploring the Gulf a must! Unforgettable sunset views from the end of the dock or the rooftop deck. Downstairs storage enclosure, covered parking, and 600-gallon cistern. Located in a quiet Grassy Key neighborhood with nature at your doorstep. Enjoy biking the nearby Overseas Heritage Trail, exploring the Dolphin Research Center, or dining at nearby restaurants. This is the lifestyle you've been waiting for!

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 02/04/2022

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677

Coldwell Banker Schmitt Lower Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,563

Year Built

  • Built in 1996

Lot Details

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

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,161 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • French Doors
  • Tile Flooring
  • Gulf Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Boat Lift
  • Dock made with Composite Material
  • Screened Balcony
  • Outdoor Storage

Utilities

  • Central Air
  • Cistern
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Other Tax Exemptions
  • Assessor Parcel Number 00375270-000000

Community Details

Overview

  • No Home Owners Association
  • Grassy Key Subdivision
  • Rental Restrictions

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,563

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Composite
  • Document Count: 3
  • 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: Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6562.92
  • Title: Negotiable
  • Vehicle Storage: Covered Parking, Off Street Parking, Trailer Storage, Open Parking
  • Year Built: 1996
  • Alternate Key Number: 1458368
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 12420.00
  • Porch Balcony: Open Porch/Balcony, Roof Top Deck, Screened P/B
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead, Widow/Widower
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1161.00
  • G F Utilities: Cistern
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Pantry, Walk-in Closet(s), Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors, Single Hung Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Gulf Front, Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, Cistern, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,VE
  • Parcel Number: 00375270-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.29

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Mar 15, 2022
Sold by
Vincent Lattur
Bought by
Burke John and Huang Hanjing
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$1,549,000
Sold Price
$1,675,000
Premium/Discount to List
$126,000
8.13%
Current Estimated Value
$1,866,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,685
Avg. Annual Appreciation
3.04%
Original Mortgage
$837,500
Outstanding Balance
$772,243
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$1,094,442

Purchase Details

Closed on
Oct 24, 1997
Sold by
Baker Richard D and Baker A
Bought by
Drake Karen L and Lattur Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.55%
Mortgage Type
New Conventional
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
Burke John $1,675,000 Wright Barrows Pllc
Drake Karen L $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke John $837,500
Previous Owner Drake Karen L $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2022 03/17/22 Sold $1,675,000 +8.1% $1,443 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $1,549,000 -- $1,334 / 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
2024 $14,669 $1,595,769 $1,256,907 $338,862
2023 $14,669 $1,472,132 $1,142,643 $329,489
2022 $7,600 $737,632 $0 $0
2021 $6,563 $641,423 $0 $0
2020 $5,906 $541,579 $0 $0
2019 $5,904 $541,218 $0 $0
2018 $5,594 $535,455 $0 $0
2017 $5,229 $488,739 $0 $0
2016 $5,289 $480,555 $0 $0
2015 $5,311 $482,725 $0 $0
2014 $5,307 $470,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lisa Ferringo

    Coldwell Banker Schmitt RE Co.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 599495

Florida Keys Board of REALTORS®

APN: 00375270-000000

Florida Monroe County Marathon 33050

58315 Morton St, Marathon, FL

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