NOT LISTED FOR SALE

Estimated Value: $1,010,000 - $1,453,000

2 Beds
2 Baths
1,176 Sq Ft
$1,085/Sq Ft Est. Value

Last Sold September 26, 2023

Last sale price $1,525,000 $1,297 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $6,955/month

64 Days on Market

Highlights

  • Beach
  • Dock made with wood
  • In Ground Pool
  • Coral Shores High School Rated A
  • Boat Lift
  • Home fronts a canal

About This Home

As of September 2023

Step into this serene, beautifully updated Key Colony Beach half duplex. No detail was spared here! Tile throughout, granite countertops, Stainless steel Appliances. Brand new coastal furniture decor throughout this home, paint, trim, washer and dryer. The 10k boat lift makes it a breeze to keep your boat safe. Take a plunge in the heated pool after a day out fishing and exploring the island. This residence is equipped with a brand new commercial ice machine, bait freeze, a carport, beautifully low maintained landscaped for privacy. This home has never been rented, and the level of detail shows it. A must SEA!

Last Agent to Sell the Property

Leanys Carlson

Ocean Sotheby's International Realty License #SL 3426823 Listed on: 07/17/2023

Ocean Sotheby's International Realty

Last Buyer's Agent

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658

Coldwell Banker Schmitt Real Estate Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,022

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 4,125 Sq Ft Lot
  • Home fronts a canal

Parking

  • Carport

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 1,176 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Complete Accordion Shutters
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Pool Deck
  • Fiberglass Pool

Outdoor Features

  • Boat Lift
  • Dock made with wood

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Programmable Thermostat
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch 1St Addn Amd Plat Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,022

Year Built

Built in 1986 | Remodeled

Lot Details

4,125 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Voluntary HOA: No
  • Dockage Dock: Wood
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2022.00
  • Title: Negotiable
  • Vehicle Storage: Carport, Covered Parking
  • Year Built: 1986
  • Alternate Key Number: 1080675
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 4125.00
  • Pool Info: In Ground, Decked, Fiberglass
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1176.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • G F Interior Features: Programmable Thermst
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Walk-in Closet(s), Smoke Alarms, Sky Light(s), Granite Counter Top, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Other Windows/Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Municipal Sewer
  • Heating: Central, Hot Water

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2024
Sold by
Gessell Francis C and Gessell Helen L
Bought by
Francis C Gessell Revocable Trust and Gessell
Current Estimated Value
$1,276,529

Purchase Details

Listed on
Jul 17, 2023
Closed on
Sep 26, 2023
Sold by
Mitchell Jeremy and Mitchell Dawn
Bought by
Gessell Francis C and Gessell Helen L
Seller's Agent
Leanys Carlson
Ocean Sotheby's International Realty
Buyer's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
List Price
$1,550,000
Sold Price
$1,525,000
Premium/Discount to List
-$25,000
-1.61%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.14%

Purchase Details

Listed on
Mar 6, 2023
Closed on
Apr 25, 2023
Sold by
Michael S Tasco Revocable Living Trust
Bought by
Mitchell Jeremy and Norakas Dawn
Seller's Agent
Walter Ceballos, P.A.
Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key
Buyer's Agent
Leanys Carlson
Ocean Sotheby's International Realty
List Price
$1,200,000
Sold Price
$1,225,000
Premium/Discount to List
$25,000
2.08%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.46%
Original Mortgage
$980,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2004
Sold by
Seiler Doris Marye
Bought by
Tasco Michael S and Tasco Jill E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1988
Bought by
Tasco Michael S Rev Liv Tr Dtd 3/14/2006

Purchase Details

Closed on
Oct 1, 1985
Bought by
Tasco Michael S Rev Liv Tr Dtd 3/14/2006

Purchase Details

Closed on
Feb 1, 1970
Bought by
Tasco Michael S Rev Liv Tr Dtd 3/14/2006
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Francis C Gessell Revocable Trust -- None Listed On Document
Gessell Francis C $1,525,000 None Listed On Document
Mitchell Jeremy $1,225,000 None Listed On Document
Tasco Michael S $665,000 --
Tasco Michael S Rev Liv Tr Dtd 3/14/2006 $157,000 --
Tasco Michael S Rev Liv Tr Dtd 3/14/2006 $43,000 --
Tasco Michael S Rev Liv Tr Dtd 3/14/2006 $4,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell Jeremy $980,000
Previous Owner Tasco Michael S $532,000
Closed Tasco Michael S $66,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2023 09/26/23 Sold $1,525,000 -1.6% $1,297 / Sq Ft
07/17/2023 07/17/23 For Sale $1,550,000 +26.5% $1,318 / Sq Ft
04/25/2023 04/25/23 Sold $1,225,000 +2.1% $1,042 / Sq Ft View Prior Sale
03/12/2023 03/12/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $1,200,000 -- $1,020 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

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
2025 $4,770 $495,712 -- --
2024 $4,626 $479,273 -- --
2023 $4,626 $468,964 $0 $0
2022 $4,453 $455,305 $0 $0
2021 $4,478 $442,044 $0 $0
2020 $4,279 $435,941 $0 $0
2019 $4,184 $426,140 $0 $0
2018 $3,960 $418,195 $0 $0
2017 $3,791 $409,594 $0 $0
2016 $3,859 $401,170 $0 $0
2015 $3,849 $398,381 $0 $0
2014 $3,913 $395,219 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 606133

APN: 00075190-000000

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