NOT LISTED FOR SALE

58335 Morton St Marathon, FL 33050

Estimated Value: $1,072,000 - $1,758,000

3 Beds
2 Baths
1,056 Sq Ft
$1,449/Sq Ft Est. Value

Last Sold June 06, 2019

Last sale price $875,000 $829 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $8,912/month

298 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Dock made with wood
  • RV or Boat Parking
  • Coral Shores High School Rated A
  • Sandy Beach
  • RV Parking in Community

About This Home

As of June 2019

A Fisherman's Dream! Stilted home on a large lot with 150-foot finger pier providing dockage for a myriad of watercraft. Enjoy magnificent sunsets and open Gulf water views from a large open patio and northern rooms. This home has 3 bedrooms and 2 baths, vaulted ceilings, large kitchen and dining area that opens to deck. Interior has been totally remodeled in 2018. New tile, cabinetry, granite countertops, stainless steel appliances, windows, wood ceramic tile floor, and more. New metal roof was installed August 2017. Room for a pool. Located in quiet, residential neighborhood on desirable Morton Street, Grassy Key, which is great for walking, bicycling, bird watching. Don't miss this opportunity to own your piece of paradise. Weekly rentals allowed.

Last Agent to Sell the Property

Bonnie Sanderson

Florida Keys Real Estate Group License #3209351 Listed on: 06/30/2018

Last Buyer's Agent

Vanessa J. Chamizo, Professional Agent

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • 0.33 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Property is zoned RM-1 - Residential Medium - 1

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,056 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Guest Parking
  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Dock made with wood
  • Balcony
  • Deck
  • Patio
  • Shed
  • Rain Gutters

Utilities

  • Heat Pump System
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00375250-000000

Community Details

Overview

  • No Home Owners Association
  • Crains Sub Subdivision
  • RV Parking in Community

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,800

Year Built

Built in 1981 | 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: Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Grassy Key
  • Mile Marker: 58.00
  • 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: 4800.26
  • Vehicle Storage: Covered Parking, RV Parking Open, Trailer Storage, Open Parking, Guest Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1981
  • Alternate Key Number: 1458341
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Ceiling Fans(s), Heat Pump
  • Lot Sq Ft: 14430.00
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1056.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Storage, Granite Counter Top, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Range, Refrigerator, Oven, Microwave, Dryer, Disposal
  • Floor: Tile
  • Windows/Doors: Glass Doors, Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Rain Gutters, Storage, Sandy Beach, Shed
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA, Cable Available

Lot Info

  • Deed Restrictions: No
  • Flood Zone: VE,AE,VE
  • Parcel Number: 00375250-000000
  • Lot Size: 65x271x81x207.7
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.33

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2018
Closed on
Jun 6, 2019
Sold by
Sunbelt Partnership
Bought by
Schaible Eric R and Schaible Debra Ann
Seller's Agent
Bonnie Sanderson
Florida Keys Real Estate Group
Buyer's Agent
Vanessa J. Chamizo, Professional Agent
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$1,200,000
Sold Price
$875,000
Premium/Discount to List
-$325,000
-27.08%
Current Estimated Value
$1,530,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$655,071
Avg. Annual Appreciation
9.12%
Original Mortgage
$700,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 15, 2005
Sold by
Gibson Margaret Campbell and Gibson Christopher
Bought by
Sunbelt Partnership

Purchase Details

Closed on
Sep 1, 1978
Bought by
Sunbelt Partnership
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
Schaible Eric R $875,000 Closing Team At Florida T&E
Sunbelt Partnership $1,100,000 --
Sunbelt Partnership $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schaible Eric R $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2019 06/06/19 Sold $875,000 -27.1% $829 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
06/30/2018 06/30/18 For Sale $1,200,000 -- $1,136 / 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 $10,835 $1,562,817 $1,272,864 $289,953
2023 $10,835 $1,423,305 $1,157,150 $266,155
2022 $9,265 $1,024,773 $752,149 $272,624
2021 $8,815 $910,523 $659,463 $251,060
2020 $7,383 $704,063 $463,275 $240,788
2019 $6,724 $674,557 $463,275 $211,282
2018 $6,465 $613,026 $455,218 $157,808
2017 $5,814 $509,782 $0 $0
2016 $6,141 $527,087 $0 $0
2015 $6,284 $542,458 $0 $0
2014 $6,236 $523,056 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 580839

Florida Keys Board of REALTORS®

APN: 00375250-000000