NOT LISTED FOR SALE

58612 Overseas Hwy Marathon, FL 33050

Estimated Value: $1,082,000 - $1,998,000

2 Beds
1 Bath
1,440 Sq Ft
$1,128/Sq Ft Est. Value

Last Sold January 10, 2019

Last sale price $500,000 $347 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $9,447/month

69 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • 1-minute walk to Curry Hammock State Park
  • Coral Shores High School Rated A

About This Home

As of January 2019

3/3 Oceanfront Single Family Home. See attachment for PAS requirements and WFHM offer submittal information in MLS document section. Please submit all offers to the listing broker/agent. To report any concerns with a listing broker/agent, or to report any property condition or other concern needing escalation (including concerns related to a previously submitted offer), please call:

Last Agent to Sell the Property

Mario Mendez

Sentinel Real Estate Group LLC License #3235462 Listed on: 09/25/2018

Last Buyer's Agent

Jamie Engel

Coldwell Banker Schmitt Islamorada License #3125869

Coldwell Banker Schmitt Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,281

Year Built

  • Built in 1982

Lot Details

  • 0.27 Acre Lot
  • Ocean Front
  • Property is zoned RL - Residential Low

Home Design

  • Shingle Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association
  • Grassy Key Subdivision

Listing and Financial Details

  • No Rentals Allowed
  • Assessor Parcel Number 00366910-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,281

Year Built

Built in 1982

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
  • Fee Includes: None
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Grassy Key
  • Mile Marker: 58.90
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 7280.52
  • Year Built: 1982
  • Alternate Key Number: 1450081
  • Lot Sq Ft: 24829.00
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1440.00
  • Sewer Hook Up: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: No Appliances
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Shingle Roof
  • Waterview: Ocean View
  • Pool: No

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: VE,AE,VE,AE
  • Parcel Number: 00366910-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.27

Rental Info

  • Rentals Allowed: No

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2018
Closed on
Jan 14, 2019
Sold by
Bank Of New York Mellon
Bought by
Bonilla Investments Llc
Seller's Agent
Mario Mendez
Sentinel Real Estate Group LLC
Buyer's Agent
Jamie Engel
Coldwell Banker Schmitt Islamorada
List Price
$649,900
Sold Price
$500,000
Premium/Discount to List
-$149,900
-23.07%
Current Estimated Value
$1,624,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,124,838
Avg. Annual Appreciation
18.92%

Purchase Details

Listed on
Sep 25, 2018
Closed on
Dec 27, 2018
Sold by
Bank Of New York Mellon
Bought by
Bonilla Investments Llc
Seller's Agent
Mario Mendez
Sentinel Real Estate Group LLC
Buyer's Agent
Jamie Engel
Coldwell Banker Schmitt Islamorada
List Price
$649,900
Sold Price
$500,000
Premium/Discount to List
-$149,900
-23.07%

Purchase Details

Closed on
Feb 15, 2018
Sold by
Felling Michael
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 6, 2000
Sold by
Bennett Margaret A and Bennett Dennis
Bought by
Felling Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
8.14%
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
Bonilla Investments Llc $500,000 None Listed On Document
Bonilla Investments Llc $500,000 None Listed On Document
The Bank Of New York Mellon -- Attorney
Felling Michael $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Felling Michael $600,000
Previous Owner Felling Michael $356,250
Previous Owner Felling Michael $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2019 01/10/19 Sold $500,000 -23.1% $347 / Sq Ft
12/03/2018 12/03/18 Pending -- -- --
09/25/2018 09/25/18 For Sale $649,900 -- $451 / 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 $11,304 $1,712,811 $1,444,141 $268,670
2023 $11,304 $1,617,660 $1,444,141 $173,519
2022 $9,413 $1,090,664 $912,913 $177,751
2021 $8,186 $722,378 $567,358 $155,020
2020 $7,559 $669,966 $546,727 $123,239
2019 $7,336 $646,700 $552,870 $93,830
2018 $8,311 $776,033 $566,546 $209,487
2017 $8,295 $787,099 $0 $0
2016 $7,783 $695,887 $0 $0
2015 $9,785 $965,865 $0 $0
2014 $9,104 $849,411 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Mario Mendez

    Sentinel Real Estate Group LLC

  • Jamie Engel

    Buyer's Agent in 2019

    Jamie Engel

    Coldwell Banker Schmitt Islamorada

    (305) 664-4470

    4 in this area

    100 Total Sales

    Jamie Engel
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 582119

Florida Keys Board of REALTORS®

APN: 00366910-000000

Florida Monroe County Marathon 33050

58612 Overseas Hwy, Marathon, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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