NOT LISTED FOR SALE

Estimated Value: $694,000 - $883,000

2 Beds
2 Baths
915 Sq Ft
$855/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $705,000 $770 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,968/month

102 Days on Market

Highlights

  • Airstrip
  • Beach
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Dock made with wood
  • No HOA

About This Home

As of June 2023

BIG Boat... No problem! Up to a 42ft boat can live on this extra wide canal on the 30 ft dock. Stroll on the ''boardwalk''(concrete seawall) and that is just one of the many reasons everyone on 7th Street loves it here. Enjoy the open views of the canal from the living room and kitchen. Two comfortable bedrooms and 2 full baths. Enjoy relaxing and entertaining on the paved patio and under the swaying palms beside the deep water canal. Ideally located just 5 minutes to the open ocean and open gulf. This can be your Island home, winter retreat or weekend getaway in Key Colony Beach, the Gem of the Floriday Keys. More Pictures & 3D Tour Coming Soon!

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 01/15/2023

Ocean Sotheby's International

Co-Listed By

Tracy Chacksfield

Berkshire Hathaway HomeServices Keys Real Estate License #SL3510758

Last Buyer's Agent

Angela Butkowski

LoKation Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,748

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 3,500 Sq Ft Lot
  • Home fronts a canal

Parking

  • Off-Street Parking

Home Design

  • Half Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 915 Sq Ft Home
  • Partially Furnished
  • Jalousie or louvered window
  • Shutters
  • Sliding Doors
  • Canal Views
  • Monitored
  • Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Airstrip
  • Seawall
  • Dock made with wood
  • Patio

Location

  • Ground Level

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00078270-000100

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch Yacht Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Complete Accordion Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,748

Year Built

Built in 1959 | 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: 5
  • Dockage Dock: Wood
  • Dockage Dock Length: 30
  • Dockage Seawall: Concrete
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4748.05
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Year Built: 1959
  • Alternate Key Number: 8966211
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 3500.00
  • Porch Balcony: Patio
  • Shutters: Accordion, Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 915.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Range, Refrigerator, Dryer
  • Floor: Tile, Carpet
  • Windows/Doors: Jalousie Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Tar/Gravel Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00078270-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Partially

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2023
Closed on
Jun 12, 2023
Sold by
Russell Donald L and Russell Shirley M
Bought by
Bazan Fernando Zayas and Bazan Ana Zayas
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Angela Butkowski
LoKation Real Estate
List Price
$750,000
Sold Price
$705,000
Premium/Discount to List
-$45,000
-6%
Views
169
Current Estimated Value
$817,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,416
Avg. Annual Appreciation
7.36%
Original Mortgage
$634,430
Outstanding Balance
$618,765
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$203,049

Purchase Details

Closed on
Aug 29, 2017
Sold by
Russell Daond L and Russell Shriley M
Bought by
Russell Jeffrey A and Russell Gregory B

Purchase Details

Closed on
Apr 19, 2017
Sold by
Wright Thomas D
Bought by
Russell Donald L and Russell Shirley M

Purchase Details

Closed on
Dec 27, 1999
Sold by
Jane T Shover Easter Seal Rehab Center
Bought by
Russell Donald L and Russell Shirley M
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 Buyer Sale Price Title Company
Bazan Fernando Zayas $705,000 None Listed On Document
Russell Jeffrey A -- None Available
Russell Donald L -- Attorney
Russell Donald L $151,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bazan Fernando Zayas $634,430
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $705,000 -6.0% $770 / Sq Ft
01/15/2023 01/15/23 For Sale $750,000 -- $820 / 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 $5,446 $629,800 $518,002 $111,798
2023 $5,446 $620,891 $463,402 $157,489
2022 $4,946 $558,637 $408,942 $149,695
2021 $4,316 $384,056 $252,562 $131,494
2020 $4,014 $367,214 $234,082 $133,132
2019 $4,179 $384,254 $249,482 $134,772
2018 $4,029 $384,625 $240,242 $144,383
2017 $3,633 $386,648 $0 $0
2016 $3,353 $317,754 $0 $0
2015 $3,176 $312,697 $0 $0
2014 $3,016 $290,368 $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: 603836

APN: 00078270-000100