NOT LISTED FOR SALE

711 61st St Marathon, FL 33050

Estimated Value: $1,656,000 - $3,202,000

0.08 Acres
$25,493,494 Price per Acre
3,658 Sq Ft Lot

Sale Details

Date Sold: July 18, 2018

Last sale price $210,000

Est. 919% increase in value since last sale

Current estimated payment $12,139 / mo

144 Days on Market

Highlights

  • Community Boat Dock
  • Bay View
  • Fenced
  • Coral Shores High School Rated A

About This Lot

As of July 2018

Spectacular Open Water views will be yours with this cleared lot ready for its new home. Property has a building right so you can build your new home in paradise right away. Located on a quiet dead end street with fence already in place. Community dockage for smaller boats is also available on a first come first serve basis. Centrally located in Marathon so it is close to everything. Don't miss this opportunity

Last Agent to Sell the Property

Chase Foster

Coldwell Banker Schmitt Real Estate Co. License #3305166 Listed on: 01/02/2018

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Steve Smith, P.a.

Key Colony Beach Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,087

Lot Details

  • 3,658 Sq Ft Lot
  • Fenced
  • Cleared Lot
  • Property is zoned RM - Residential Medium

Property Views

  • Bay Views

Listing and Financial Details

  • Assessor Parcel Number 00338550-000000

Community Details

Overview

  • Marathon Heights Subdivision

Recreation

  • Community Boat Dock
  • First Come-First Served Dock

Property Details

Property Type

Land

Est. Annual Taxes

$1,087

Lot Details

3,658 Sq Ft Lot

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Mile Marker: 50.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Dockage
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Property Rights: Tranfrble Dev Right, Transfer Bldg Rights
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1086.81
  • Title: Title Ins - Buyer
  • Alternate Key Number: 1416011
  • Lot Sq Ft: 3658.00
  • Species List: No
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Existing Utilities: None
  • Location Site: Paved Street, Cleared Site, Fenced
  • Miscellaneous Info Mobile Home Lot: No
  • Miscellaneous Info Rogo W Letter: Yes
  • Tax Exemptions: None
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: First Come Dock, Other Dockage
  • Waterfront: None
  • Waterfront: No
  • Waterview: Open Water View, Bay View

Utilities

  • Security: No Security

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00338550-000000
  • Land Size: Less Than 1/4 Acre
  • Building Permit: Other Permit

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2018
Closed on
Aug 3, 2018
Sold by
Cheryl A Fausel Living Trust
Bought by
Trauma Shark Llc
Seller's Agent
Chase Foster
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Steve Smith, P.a.
Key Colony Beach Realty
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Current Estimated Value
$2,140,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,930,845
Avg. Annual Appreciation
34.93%

Purchase Details

Closed on
Dec 4, 2002
Sold by
Fausel Cheryl Ann
Bought by
Cheryl A Fausel Living Trust

Purchase Details

Closed on
May 1, 1987
Bought by
Fausel Cheryl A Liv Tr 5/26/00

Purchase Details

Closed on
Feb 1, 1977
Bought by
Fausel Cheryl A Liv Tr 5/26/00
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
Trauma Shark Llc $210,000 None Listed On Document
Cheryl A Fausel Living Trust -- --
Fausel Cheryl A Liv Tr 5/26/00 $130,000 --
Fausel Cheryl A Liv Tr 5/26/00 $75,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2018 07/18/18 Sold $210,000 -6.7% --
05/26/2018 05/26/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $225,000 -- --
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 $9,466 $1,233,658 $310,839 $922,819
2024 $8,161 $1,226,066 $310,839 $915,227
2023 $8,161 $881,585 $310,839 $570,746
2022 $2,156 $232,658 $232,658 $0
2021 $1,999 $178,968 $178,968 $0
2020 $1,895 $172,470 $171,432 $1,038
2019 $1,584 $98,036 $96,937 $1,099
2018 $1,133 $95,354 $94,194 $1,160
2017 $1,085 $85,995 $0 $0
2016 $1,087 $86,391 $0 $0
2015 $1,055 $80,610 $0 $0
2014 $836 $20,893 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578056

Florida Keys Board of REALTORS®

APN: 00338550-000000

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