NOT LISTED FOR SALE

7 Ocean E Marathon, FL 33050

Estimated Value: $3,994,000 - $4,379,000

4 Beds
3.5 Baths
4,699 Sq Ft
$909/Sq Ft Est. Value

Last Sold March 10, 2016

Last sale price $2,600,000 $553 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $24,100/month

501 Days on Market

Highlights

  • Ocean Front
  • Beach
  • Boat Lift
  • Coral Shores High School Rated A
  • Dock made with concrete
  • Concrete Pool

About This Home

As of March 2016

Take your breath away location on a private Oceanfront peninsula with only 15 other home sites. Undoubtedly one of the best oceanfront locations in the area with prevailing southeast breezes and perfect southeast exposure. This home has it all : view,dockage,huge open floor plan. You can catch fish for dinner in the back yard or snorkel for lobster. With the Ocean and a boat in the back yard

Last Agent to Sell the Property

Brenda Torrella

Chaplin Real Estate, Inc. Listed on: 10/20/2014

Last Buyer's Agent

Brenda Torrella

American Caribbean Real Estate - Middle Keys

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,577

Year Built

  • Built in 1973

Lot Details

  • 0.3 Acre Lot
  • Ocean Front
  • Privacy Fence
  • Fruit Trees
  • Property is zoned RM-1 - Residential Medium - 1

Home Design

  • Tile Roof

Interior Spaces

  • 4,699 Sq Ft Home
  • Partially Furnished
  • Bar
  • Ceiling Fan
  • Blinds
  • Storage
  • Marble Flooring
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Parking

  • Garage
  • Open Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessible Kitchen
  • Handicap Accessible

Pool

  • Concrete Pool
  • In Ground Pool
  • Spa
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Seawall
  • Boat Lift
  • Dock made with concrete
  • Balcony
  • Deck
  • Patio
  • Lanai
  • Shed

Utilities

  • Central Air
  • Separate Meters
  • Propane
  • Public Hookup Available For Sewer
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00104670-000200

Community Details

Overview

  • No Home Owners Association
  • Ocean East Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Beach

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,577

Year Built

Built in 1973

Lot Details

0.3 Acres

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Association Approval Required: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Marathon
  • Limited Representation: Yes
  • Mile Marker: 50.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 11576.80
  • Title: Negotiable
  • Vehicle Storage: Garage, Open Parking
  • Year Built: 1973
  • Alternate Key Number: 1122301
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 13025.00
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Association Info Condo Docs: No
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 4699.00
  • Pre Wired: Cable, Satellite
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bar, Security System, Walk-in Closet(s), Storage, Granite Counter Top, Elevator, Drapes/Blinds Incl, Built-in Cabinets
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Wine Cooler, Stainless Steel Appliance(s), Range, Refrigerator, Oven, Freezer, Dryer, Disposal
  • Floor: Marble, Other
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Doors, Other Windows/Doors
  • Total Bedrooms: 4
  • Accessibility Features: Accessible, Accessible Kitchen, Accessible Full Bath, Accessible Elevator Installed

Exterior Features

  • Dockage: Basin, Boat Lift
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Bar, Storage, Shed, Privacy Wall/Fence, Fruit Tree(s), Outdoor Shower, Lanai, Hot Tub
  • Roof: Tile Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: On Premises System
  • Utilities: Cable Available, Water Separate Meter, Propane, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: V-Zone
  • Parcel Number: 00104670-000200
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.30

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Partially

Tax Info

  • Tax Year: 2014

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2014
Closed on
Mar 10, 2016
Sold by
Belden Henry S and Belden Barbara V
Bought by
Herr C Willis and Herr Martha F
Seller's Agent
Brenda Torrella
Chaplin Real Estate, Inc.
Buyer's Agent
Brenda Torrella
Chaplin Real Estate, Inc.
List Price
$3,150,000
Sold Price
$2,600,000
Premium/Discount to List
-$550,000
-17.46%
Current Estimated Value
$4,271,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,671,109
Avg. Annual Appreciation
5.08%

Purchase Details

Closed on
Oct 14, 2015
Sold by
Belden Henry S and Belden Barbara V
Bought by
Wolpe Robert N and Wolpe Marcy S

Purchase Details

Closed on
Jan 25, 2013
Sold by
Belden Henry S and Belden Barbara V
Bought by
Wilson John J and Wilson Susan K

Purchase Details

Closed on
Feb 1, 2002
Sold by
Gillett Beverly S Trust C
Bought by
Belden Henry S and Belden Barbara

Purchase Details

Closed on
Sep 1, 1999
Sold by
Conrow Robert and Conrow Jennifer
Bought by
Gillett Thomas F and Gillett Beverly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1989
Bought by
Herr C Willis C and Herr Martha A

Purchase Details

Closed on
Oct 1, 1988
Bought by
Herr C Willis C and Herr Martha A

Purchase Details

Closed on
Aug 1, 1986
Bought by
Herr C Willis C and Herr Martha A

Purchase Details

Closed on
Mar 1, 1986
Bought by
Herr C Willis C and Herr Martha A

Purchase Details

Closed on
Feb 1, 1973
Bought by
Herr C Willis C and Herr Martha A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Herr C Willis $2,600,000 Attorney
Wolpe Robert N -- Attorney
Wilson John J $725,000 Attorney
Belden Henry S $1,550,000 --
Gillett Thomas F $1,650,000 --
Herr C Willis C $540,000 --
Herr C Willis C $435,000 --
Herr C Willis C -- --
Herr C Willis C -- --
Herr C Willis C $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gillett Thomas F $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2016 03/10/16 Sold $2,600,000 -17.5% $553 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
10/20/2014 10/20/14 For Sale $3,150,000 -- $670 / Sq Ft
Source: Florida Keys Board 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 $22,519 $2,556,850 -- --
2024 $22,448 $2,484,792 -- --
2023 $22,448 $2,412,420 $0 $0
2022 $22,164 $2,342,156 $0 $0
2021 $22,612 $2,273,938 $1,180,513 $1,093,425
2020 $22,384 $2,285,763 $1,180,513 $1,105,250
2019 $23,203 $2,367,353 $1,235,421 $1,131,932
2018 $22,593 $2,367,994 $1,235,421 $1,132,573
2017 $20,546 $2,128,177 $0 $0
2016 $15,950 $1,926,156 $0 $0
2015 $14,289 $1,537,850 $0 $0
2014 $13,654 $1,464,872 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Brenda Torrella

    Chaplin Real Estate, Inc.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 565563

Florida Keys Board of REALTORS®

APN: 00104670-000200

Florida Monroe County Marathon 33050

7 Ocean E, Marathon, FL

Not Listed for Sale

Detached

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