NOT LISTED FOR SALE

58691 Morton St Grassy Key, FL 33050

Estimated Value: $896,000 - $3,873,099

3 Beds
2 Baths
1,076 Sq Ft
$2,583/Sq Ft Est. Value

Last Sold April 07, 2016

Last sale price $1,050,000 $976 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $16,289/month

4 Days on Market

Highlights

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

About This Home

As of April 2016

250 degree views of the Gulf from the East end of Morton Street. Located in a private enclave of 4 homes with shared dock and gated entrance. Sweeping view of over 300 feet of Gulf front. Frame structure is incomplete. and ready for your finishing touch... Or one could start from scratch with no ROGO permitting requirements. Two bedroom in the main house and a detached 1/1 guest quarters.

Last Agent to Sell the Property

Ginger Henderson, Broker

American Caribbean Real Estate - Middle Keys Listed on: 03/21/2016

Co-Listed By

Brian Schmitt

Coldwell Banker Schmitt Real Estate Co. (KW) License #BK147809

Last Buyer's Agent

554482 554482

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,423

Year Built

  • Built in 1995

Lot Details

  • 0.86 Acre Lot
  • Property fronts gulf or ocean
  • Property is zoned RL - Residential Low

Home Design

  • Frame Construction

Interior Spaces

  • 1,076 Sq Ft Home
  • Gulf Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Dock made with wood
  • Balcony
  • Deck

Utilities

  • Public Hookup Available For Sewer

Community Details

  • Property has a Home Owners Association
  • Association fees include common area mnt
  • Grassy Key Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Minimum Rental Period: 180
  • Assessor Parcel Number 00375360-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,423

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: Yes
  • Dockage Dock: Wood
  • Fee Includes: Common Area Mnt, None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Marathon
  • Limited Representation: No
  • Mile Marker: 58.00
  • Min Rental Days: 180.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 11422.86
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking, Trailer Storage, RV Parking Open, Open Parking, Covered Parking, Guest Parking
  • Year Built: 1995
  • Alternate Key Number: 1458457
  • Lot Sq Ft: 37462.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1076.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: No Appliances
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Gulf Front
  • Waterfront: Yes
  • Construction: Frame
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer
  • Heating: None

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: VE,VE,AE
  • Parcel Number: 00375360-000000
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.86

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2023
Sold by
Sanders Stephen H
Bought by
Sbh Family Trust and Sanders
Current Estimated Value
$2,779,525

Purchase Details

Closed on
Nov 9, 2023
Sold by
Sanders Stephen H
Bought by
Tonsmeire Thomas H and Tonsmeire Angela

Purchase Details

Listed on
Mar 21, 2016
Closed on
Apr 7, 2016
Sold by
Schmitt Bruce A
Bought by
Sanders Stephen H
Seller's Agent
Ginger Henderson, Broker
American Caribbean Real Estate - Middle Keys
Buyer's Agent
554482 554482
Coldwell Banker Schmitt Real Estate Co.
List Price
$1,350,000
Sold Price
$1,050,000
Premium/Discount to List
-$300,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%

Purchase Details

Closed on
Apr 1, 1991
Bought by
Sanders Stephen H
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
Sbh Family Trust -- None Listed On Document
Sbh Family Trust -- None Listed On Document
Tonsmeire Thomas H $200,000 None Listed On Document
Sanders Stephen H $1,025,000 Attorney
Sanders Stephen H -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2016 04/07/16 Sold $1,050,000 -22.2% $976 / Sq Ft
03/25/2016 03/25/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $1,350,000 -- $1,255 / 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 $20,876 $3,269,018 $2,370,531 $898,487
2023 $20,876 $2,969,496 $2,107,519 $861,977
2022 $18,031 $2,215,430 $1,370,222 $845,208
2021 $16,641 $1,783,205 $1,014,740 $768,465
2020 $14,586 $1,455,717 $836,999 $618,718
2019 $13,880 $1,454,446 $828,009 $626,437
2018 $12,577 $1,387,928 $810,030 $577,898
2017 $10,397 $898,636 $0 $0
2016 $11,249 $957,451 $0 $0
2015 $11,423 $976,200 $0 $0
2014 $11,090 $916,465 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Ginger Henderson, Broker

    American Caribbean Real Estate - Middle Keys

  • Brian Schmitt

    Seller Co-Listing Agent in 2016

    Brian Schmitt

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 289-6500

    79 in this area

    110 Total Sales

    Brian Schmitt
    Section Image

  • 5

    Buyer's Agent in 2016

    554482 554482

    Coldwell Banker Schmitt Real Estate Co.

  • Joshua Mothner

    Buyer's Agent in 2016

    Joshua Mothner

    Coldwell Banker Schmitt Real Estate Co.

    (305) 942-9519

    120 in this area

    159 Total Sales

    Joshua Mothner
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 570407

Florida Keys Board of REALTORS®

APN: 00375360-000000

Florida Monroe County Grassy Key 33050

58691 Morton St, Grassy Key, FL

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