$1,200,000
SOLD DEC 19, 2024
2 Beds
3 Baths
1,256 Sq Ft
4,125 Sq Ft Lot

Recently Sold

$955 Per Sq Ft

6% Below List Price

14 Days on Market

Highlights

  • Airstrip
  • Beach
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Boat Lift
  • Cathedral Ceiling

About This Home

As of December 2024

This exceptional stilted half duplex with elevator offers an open concept floorplan with soaring ceilings, creating a spacious and inviting atmosphere. The living areas, including the primary bedroom, seamlessly flow onto a screened patio, offering perfect indoor-outdoor living with breathtaking canal views. Step outside to the paved dockside patio, ideal for relaxing or entertaining by the deep, clear canal.For added convenience, there is off-street RV or trailer parking and covered parking Even a versatile bonus room that can be tailored to your needs, whether as a mancave, workshop, gym, office...the possibilities are endless.Located just 5 minutes from the open ocean and Gulf, this property is a paradise for boaters, anglers, and water enthusiasts, with world-class fishing, diving, cruising, snorkeling, and sandbar activities right at your doorstep. Marathon Airport is only 10 minutes away, while Key West International Airport is a quick 1-hour drive. Miami International Airport is 2 hours & Ft Lauderdale Intn'll Airport is 2.5 hours, offering easy access for travel.Enjoy close proximity to marinas, dining, shopping, golf, tennis, pickleball, basketball, bocce ball, and horseshoes, as well as essential services like the post office and a picturesque Sunset Park. Key Colony offers the perfect blend of luxury, convenience, and outdoor recreation.

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 11/22/2024

Ocean Sotheby's International

Last Buyer's Agent

Karen Raspe

Island Breeze Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,982

Year Built

  • Built in 1989 | Remodeled

Lot Details

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

Home Design

  • Half Duplex
  • Metal Roof

Interior Spaces

  • 1,256 Sq Ft Home
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • French Doors
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Canal Views
  • Monitored

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • Airstrip
  • Boat Lift
  • Dock made with Composite Material
  • Screened Balcony

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00075730-000100

Community Details

Overview

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

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,982

Year Built

Built in 1989 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 9.00
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Composite
  • Dockage Dock Length: 375
  • Fee Includes: None
  • 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5981.80
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Trailer Storage, Covered Parking, Off Street Parking, Guest Parking
  • Year Built: 1989
  • Alternate Key Number: 8756909
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 4125.00
  • Porch Balcony: Open Porch/Balcony, Screened P/B
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1256.00
  • 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: Cathedral Ceilings, Elevator, Window Treatments, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Smoke Alarms, Sky Light(s)
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: French Doors, Aluminum Windows, Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00075730-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
Dec 19, 2024
Sold by
Griesemer Paul G and Living Trust Of Paul G Griesemer
Bought by
Hammett Crawford and Hammett Elana
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Karen Raspe
Island Breeze Realty, LLC
List Price
$1,280,000
Sold Price
$1,200,000
Premium/Discount to List
-$80,000
-6.25%
Current Estimated Value
$1,157,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,425
Avg. Annual Appreciation
-4.69%

Purchase Details

Closed on
Oct 23, 2020
Sold by
Living Trust
Bought by
Living Trust

Purchase Details

Closed on
Mar 7, 2011
Sold by
Partners In Paradise Llc
Bought by
Griesemer Mary F

Purchase Details

Closed on
Feb 19, 2007
Sold by
White Jeffrey D
Bought by
Partners In Paradise Llc

Purchase Details

Closed on
Jul 16, 2002
Sold by
Charles A Wester M and Cynthia A Wester M
Bought by
White Jeffrey D

Purchase Details

Closed on
Oct 19, 2000
Sold by
Wood Roger S and Wood Pauline
Bought by
Wester Charles A and Wester Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
7.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1995
Bought by
Griesemer Mary F Liv Tr 7/2/97

Purchase Details

Closed on
Apr 1, 1989
Bought by
Griesemer Mary F Liv Tr 7/2/97
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 Type Sale Price Title Company
Warranty Deed $1,200,000 None Listed On Document
Warranty Deed -- Griesemer Paul G
Warranty Deed $617,500 Attorney
Quit Claim Deed -- Attorney
Warranty Deed $405,000 --
Warranty Deed $300,000 --
Warranty Deed $225,000 --
Warranty Deed $170,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $262,000 New Conventional
Previous Owner $252,700 New Conventional
Previous Owner $50,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Sold $1,200,000 -6.3% $955 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
11/22/2024 11/22/24 For Sale $1,280,000 -- $1,019 / 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 $6,030 $633,338 -- --
2023 $6,030 $614,892 $0 $0
2022 $5,800 $596,983 $0 $0
2021 $5,848 $579,596 $260,906 $318,690
2020 $4,973 $466,608 $247,500 $219,108
2019 $4,985 $467,731 $247,500 $220,231
2018 $4,837 $471,709 $247,500 $224,209
2017 $4,813 $481,639 $0 $0
2016 $4,958 $476,510 $0 $0
2015 $5,325 $510,810 $0 $0
2014 $5,182 $482,577 $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: 612404

APN: 00075730-000100