NOT LISTED FOR SALE

58437 Morton St Marathon, FL 33050

Estimated Value: $4,718,000 - $4,837,000

6 Beds
4 Baths
3,807 Sq Ft
$1,255/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $4,900,000 $1,287 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $28,422/month

65 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Dock made with wood
  • Tennis Courts
  • Coral Shores High School Rated A
  • Sandy Beach
  • Heated In Ground Pool

About This Home

As of July 2022

Accepting offers until Thursday March, 10 at 5PM.Lush tropical estate with open water views private beach and tennis courts. Dockage for large boats drawing 4' with instant access to the Gulf and a quick trip to the Atlantic. Enjoy a poolside cocktail in the expansive back yard with breathtaking, unobstructed sunsets. A private sandy beach sits beside the large fish pond. This stately home sits on nearly 2 sprawling acres in a premiere neighborhood. When entering the estate, one is greeted by tropical flowering plants, tennis courts and a winding driveway. Inside the home, you will find professionally decorated open living spaces, a large kitchen with granite counters and stainless appliances. A split floor plan ensures plenty of privacy. Expansive windows allow for breathtaking open water views of the Gulf of Mexico. Current vacation rental @6000k - 12000/wClose date must be on or after April 23rd

Last Agent to Sell the Property

Victoria Wilson

Berkshire Hathaway HomeServices Keys Real Estate License #3328554 Listed on: 01/05/2022

Last Buyer's Agent

Debra Mott

LoKation Real Estate License #3089855

LoKation Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,808

Year Built

  • Built in 1960

Lot Details

  • 59,677 Sq Ft Lot
  • Property fronts gulf or ocean
  • Sandy Beach
  • Property is zoned RM - Residential Medium

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,807 Sq Ft Home
  • Fireplace
  • Blinds
  • Sliding Doors
  • Tile Flooring
  • Gulf Views

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Outdoor Shower

Outdoor Features

  • Dock made with wood
  • Tennis Courts
  • Balcony
  • Deck
  • Exterior Lighting

Utilities

  • Central Air
  • Propane
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Grassy Key Subdivision

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00375160-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,808

Year Built

Built in 1960

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
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Grassy Key
  • Mile Marker: 58.90
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 20808.34
  • Year Built: 1960
  • Alternate Key Number: 1458252
  • Cooling Heating: Central Air
  • Lot Sq Ft: 59677.00
  • Pool Info: In Ground, Salt Water
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 3807.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Walk-in Closet(s), Fireplace(s)
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Washer, Stainless Steel Appliance(s), Gas Appliances, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors, Other Windows/Doors
  • Total Bedrooms: 6

Exterior Features

  • Waterfront: Gulf Front, Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Lighting, Tennis Court(s), Sandy Beach, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE,VE
  • Parcel Number: 00375160-000000
  • Land Size: 2 Less Than 5 Acres
  • Acres: 0.24

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2022
Closed on
Jul 27, 2022
Sold by
Ddb Flk 1 Llc
Bought by
Cynthia D Raffio Revocable Living Trust
Seller's Agent
Victoria Wilson
Berkshire Hathaway HomeServices Keys Real Estate
Buyer's Agent
Debra Mott
LoKation Real Estate
List Price
$5,200,000
Sold Price
$4,900,000
Premium/Discount to List
-$300,000
-5.77%
Current Estimated Value
$4,777,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$122,988
Avg. Annual Appreciation
-0.78%
Original Mortgage
$2,500,000
Outstanding Balance
$2,406,427
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$2,370,585

Purchase Details

Listed on
Oct 27, 2020
Closed on
May 14, 2021
Sold by
Morton Partners Llc
Bought by
Ddb Flk1 Llc
Seller's Agent
Victoria Wilson
Berkshire Hathaway HomeServices Keys Real Estate
Buyer's Agent
Victoria Wilson
American Caribbean Real Estate - Middle Keys
List Price
$2,795,000
Sold Price
$2,400,000
Premium/Discount to List
-$395,000
-14.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.65%
Original Mortgage
$1,800,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2020
Closed on
Apr 14, 2021
Sold by
Morton Partners Llc
Bought by
Ddb Flk1 Llc
Seller's Agent
Victoria Wilson
Berkshire Hathaway HomeServices Keys Real Estate
Buyer's Agent
Victoria Wilson
American Caribbean Real Estate - Middle Keys
List Price
$2,795,000
Sold Price
$2,400,000
Premium/Discount to List
-$395,000
-14.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 14, 2013
Closed on
Jan 1, 2014
Sold by
Currie Michael B and Currie William G
Bought by
Morton Partners Llc
Seller's Agent
Ginger Henderson, Broker
American Caribbean Real Estate - Middle Keys
Buyer's Agent
Nancy Allen
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$2,295,000
Sold Price
$1,482,600
Premium/Discount to List
-$812,400
-35.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%

Purchase Details

Listed on
Feb 14, 2013
Closed on
Dec 19, 2013
Sold by
Boucher Barton W and Boucher Cairn E
Bought by
Currie Michael B and Currie William G
Seller's Agent
Ginger Henderson, Broker
American Caribbean Real Estate - Middle Keys
Buyer's Agent
Nancy Allen
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$2,295,000
Sold Price
$1,482,600
Premium/Discount to List
-$812,400
-35.4%

Purchase Details

Closed on
Sep 15, 2004
Sold by
Stace Hombres Llc
Bought by
Boucher Barton and Boucher Cairn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,755,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2001
Sold by
William R Muns M and Ludmilla B Muns M
Bought by
Hombres Stace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.74%

Purchase Details

Closed on
Mar 24, 1999
Sold by
William G Currie Tr and Mark A Stacy Tr
Bought by
Muns William R and Muns Ludmilla B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 1995
Sold by
Bost Wilfred A and Bost Evelyn
Bought by
Curri Tr William G and Stacy Tr Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1986
Bought by
Morton Partners Llc
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
Cynthia D Raffio Revocable Living Trust $4,900,000 New Title Company Name
Ddb Flk1 Llc -- Attorney
Ddb Flk1 Llc $2,400,000 Attorney
Morton Partners Llc -- Attorney
Morton Partners Llc -- Attorney
Currie Michael B -- Attorney
Currie Michael B $1,482,600 Attorney
Boucher Barton -- --
Boucher Barton $2,700,000 --
Hombres Stace $903,800 --
Muns William R $735,000 --
Curri Tr William G $550,000 --
Morton Partners Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cynthia D Raffio Revocable Living Trust $2,500,000
Previous Owner Ddb Flk1 Llc $1,800,000
Previous Owner Boucher Barton $1,755,000
Previous Owner Curri Tr William G $1,200,000
Previous Owner Curri Tr William G $600,000
Previous Owner Curri Tr William G $600,000
Previous Owner Curri Tr William G $440,000
Closed Boucher Barton $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2022 07/29/22 Sold $4,900,000 -5.8% $1,287 / Sq Ft
06/24/2022 06/24/22 For Sale $5,200,000 0.0% $1,366 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $5,200,000 +6.1% $1,366 / Sq Ft
02/18/2022 02/18/22 Off Market $4,900,000 -- --
01/05/2022 01/05/22 For Sale $5,200,000 +116.7% $1,366 / Sq Ft
04/19/2021 04/19/21 Sold $2,400,000 -14.1% $630 / Sq Ft View Prior Sale
10/27/2020 10/27/20 For Sale $2,795,000 +88.5% $734 / Sq Ft
12/19/2013 12/19/13 Sold $1,482,600 -35.4% $398 / Sq Ft View Prior Sale
09/05/2013 09/05/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $2,295,000 -- $616 / 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 $41,019 $4,676,307 $3,583,942 $1,092,365
2023 $41,019 $4,327,842 $3,258,344 $1,069,498
2022 $26,773 $2,736,690 $1,926,353 $810,337
2021 $20,808 $2,091,489 $1,449,833 $641,656
2020 $18,319 $1,774,851 $1,196,056 $578,795
2019 $18,223 $1,763,147 $1,177,109 $586,038
2018 $16,755 $1,739,359 $1,158,161 $581,198
2017 $15,046 $1,490,144 $0 $0
2016 $15,915 $1,531,847 $0 $0
2015 $16,352 $1,582,290 $0 $0
2014 $16,139 $1,518,348 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2022

    Victoria Wilson

    Berkshire Hathaway HomeServices Keys Real Estate

  • D

    Buyer's Agent in 2022

    Debra Mott

    LoKation Real Estate

    (305) 393-0324

    1 in this area

    6 Total Sales

    Debra Mott
    Section Image

  • G

    Seller's Agent in 2013

    Ginger Henderson, Broker

    American Caribbean Real Estate - Middle Keys

  • N

    Buyer's Agent in 2013

    Nancy Allen

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 599066

Florida Keys Board of REALTORS®

APN: 00375160-000000

Florida Monroe County Marathon 33050

58437 Morton St, Marathon, FL

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