NOT LISTED FOR SALE

Estimated Value: $1,258,701 - $1,445,000

3 Beds
4 Baths
1,596 Sq Ft
$827/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $1,352,000 $847 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,890/month

3 Days on Market

Highlights

  • Airstrip
  • Beach
  • In Ground Pool
  • Coral Shores High School Rated A
  • Dock made with wood
  • RV or Boat Parking

About This Home

As of June 2022

Here is your Pool in Paradise! This east facing, nearly 1600 sq ft, stilted half duplex has everything you need for your retirement home, weekend getaway or vacation rental. Fantastic space for entertaining family and friends! Open great room with soaring cathedral ceilings plus three roomy, en-suite bedrooms. A large covered balcony offers amazing views of the 100 ft wide canal and a comfortable place to relax, dine or just get together. Ground level entertaining features a refreshing pool, 37.5 ft dock, sun deck, covered patio and a cabana studio with full bath. New appliances, washer and dryer and HVAC are some of the many upgrades to this home. Gross annual rentals were $69K with sellers in residence for 4 months in 2021. And all of this is less than 5 minutes to open ocean and gulf, located in Key Colony Beach the ''GEM'' of the Florida Keys.

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 04/15/2022

Ocean Sotheby's International

Last Buyer's Agent

Leanys Carlson

Ocean Sotheby's International License #SL 3426823

Ocean Sotheby's International

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,036

Year Built

  • Built in 1988 | Remodeled

Lot Details

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

Home Design

  • Half Duplex
  • Metal Roof

Interior Spaces

  • 1,596 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Canal Views
  • Monitored

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Carport
  • Off-Street Parking
  • RV or Boat Parking

Pool

  • In Ground Pool
  • Pool Deck
  • Fiberglass Pool

Outdoor Features

  • Airstrip
  • Seawall
  • Dock made with wood
  • Balcony
  • Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00075170-000100

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch 1St Addn Amd Plat Subdivision
  • RV Parking in Community

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,036

Year Built

Built in 1988 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Wood
  • Dockage Dock Length: 37
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • 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: Tennis Courts, Bike Paths, Airstrip, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 6036.33
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, RV Parking Open, Off Street Parking, Attached, Carport
  • Year Built: 1988
  • Alternate Key Number: 8761732
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 4125.00
  • Pool Info: In Ground, Decked, Fiberglass
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Bahama, Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1596.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Storage, Cathedral Ceilings
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors, Other Windows/Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Combo Construction
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Buyer to Verify, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00075170-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
Jul 11, 2022
Sold by
William Ritter Jerome and William Frances Kathleen
Bought by
Ritter12400 Llc
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Leanys Carlson
Ocean Sotheby's International
List Price
$1,352,000
Sold Price
$1,352,000
Current Estimated Value
$1,319,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,575
Avg. Annual Appreciation
-0.75%
Original Mortgage
$710,700
Outstanding Balance
$678,148
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$641,277

Purchase Details

Listed on
Apr 15, 2022
Closed on
Jun 7, 2022
Sold by
John A Czopek Trust
Bought by
Ritter Jerome William and Ritter Kathleen Frances
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Leanys Carlson
Ocean Sotheby's International
List Price
$1,352,000
Sold Price
$1,352,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,700
Outstanding Balance
$678,148
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$641,277

Purchase Details

Listed on
Nov 11, 2015
Closed on
Jun 17, 2016
Sold by
Thomas Gail H
Bought by
Czopek John A
Seller's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
Buyer's Agent
Roy Haase
Key Colony Beach Realty
List Price
$680,000
Sold Price
$550,000
Premium/Discount to List
-$130,000
-19.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.23%

Purchase Details

Closed on
May 5, 1999
Sold by
Marie Louise E and Marie Georgia L De
Bought by
Thomas Gail H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1993
Bought by
Czopek John A Trust 3/27/2015

Purchase Details

Closed on
Sep 1, 1989
Bought by
Czopek John A Trust 3/27/2015
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ritter12400 Llc $710,700 Cunningham Miller Rhyne Pa
Ritter Jerome William $1,352,000 Cunningham Miller Rhyne Pa
Czopek John A $550,000 None Available
Thomas Gail H $290,000 --
Czopek John A Trust 3/27/2015 $200,000 --
Czopek John A Trust 3/27/2015 $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritter Jerome William $710,700
Previous Owner Thomas Peter W $173,000
Previous Owner Thomas Gail H $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $1,352,000 0.0% $847 / Sq Ft
04/15/2022 04/15/22 For Sale $1,352,000 +145.8% $847 / Sq Ft
06/17/2016 06/17/16 Sold $550,000 -19.1% $345 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
11/11/2015 11/11/15 For Sale $680,000 -- $426 / Sq Ft
Source: Marathon and Lower Keys Association 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 $9,068 $879,992 $478,500 $401,492
2023 $9,068 $888,245 $474,375 $413,870
2022 $6,788 $759,763 $379,500 $380,263
2021 $6,036 $556,194 $260,906 $295,288
2020 $5,747 $546,802 $247,500 $299,302
2019 $5,627 $545,358 $247,500 $297,858
2018 $4,916 $480,230 $247,500 $232,730
2017 $4,832 $483,803 $0 $0
2016 $5,157 $497,566 $0 $0
2015 $4,797 $456,007 $0 $0
2014 $5,049 $469,118 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 600605

APN: 00075170-000100