780 122nd Street Ocean Marathon, FL 33050
4
Beds
4
Baths
2,586
Sq Ft
0.5
Acres
Highlights
- Airstrip
- Boat Ramp
- Dock made with concrete
- Coral Shores High School Rated A
- Beach
- Concrete Pool
About This Home
As of January 2023Welcome to Banyan Bungalows on the water! 3 units tucked away in a tropical garden setting at the end of a deep water canal. Easy access to Shelter Bay and out through Vaca Cut. This Duplex looks down the canal with one side having 1 bed/1 bath while the other larger side is a 1 bed/1 bath with an enclosed atrium and bonus guest room with separate entrance. New roof on Duplex no flooding from Irma. The other cottage is a detached 1 bed/1 bath w/screened porch overlooking the gardens. This large lot also boasts a tiki hut, in-ground concrete pool, and a private beach area. Great family compound or vacation rental perfect for entertaining and water sports. Protected 60' concrete seawall and concrete dock. Property includes substantial bay bottom.
Last Agent to Sell the Property
Coldwell Banker Schmitt Real Estate Co. License #659317 Listed on: 10/29/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,333
Year Built
- Built in 1968
Lot Details
- 0.5 Acre Lot
- Home fronts a canal
Parking
- Off-Street Parking
Home Design
- Duplex
Interior Spaces
- 2,586 Sq Ft Home
- Shutters
- Canal Views
- Complete Accordion Shutters
- Washer
Kitchen
- <<OvenToken>>
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
Flooring
- Tile
- Terrazzo
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Pool
- Concrete Pool
- In Ground Pool
Outdoor Features
- Airstrip
- Seawall
- Dock made with concrete
- Shed
- Tiki or Chickee Hut
Location
- Ground Level
Utilities
- Central Air
- Heat Pump System
- Separate Meters
- Cistern
- Public Hookup Available For Sewer
Listing and Financial Details
- Homestead Exemption
- Minimum Rental Period: 7
- Assessor Parcel Number 00100610-000100
Community Details
Overview
- No Home Owners Association
- 3 Units
- Ederharter Sub Subdivision
- Rental Restrictions
Recreation
- Boat Ramp
- Beach
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2022
Closed on
Jan 31, 2023
Sold by
Voorhees Jeffery S
Bought by
Robley Robert Patrick and Robley Lynn Marie
Seller's Agent
Joshua Mothner
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
554482 554482
Coldwell Banker Schmitt Real Estate Co.
List Price
$2,200,000
Sold Price
$1,750,000
Premium/Discount to List
-$450,000
-20.45%
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$89,030
Avg. Annual Appreciation
-2.12%
Purchase Details
Listed on
Oct 29, 2018
Closed on
Mar 26, 2019
Sold by
Staudner and Martina
Bought by
Voorhees Jeffery S
Seller's Agent
Joshua Mothner
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Margaret Gonzalez
Coldwell Banker Schmitt Islamorada
List Price
$899,000
Sold Price
$835,000
Premium/Discount to List
-$64,000
-7.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.83%
Original Mortgage
$0
Interest Rate
1%
Mortgage Type
Unknown
Purchase Details
Listed on
Oct 29, 2018
Closed on
Mar 5, 2019
Sold by
Staudner and Martina
Bought by
Voorhees Jeffery S
Seller's Agent
Joshua Mothner
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Margaret Gonzalez
Coldwell Banker Schmitt Islamorada
List Price
$899,000
Sold Price
$835,000
Premium/Discount to List
-$64,000
-7.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
1%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 5, 1996
Sold by
Clair Janet Le
Bought by
Staudner Rupert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.83%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 1, 1983
Bought by
Staudner Rupert L and Staudner E
Purchase Details
Closed on
Feb 1, 1973
Bought by
Staudner Rupert L and Staudner E
Similar Homes in Marathon, FL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,750,000 | -- | |
| Warranty Deed | $835,000 | None Listed On Document | |
| Warranty Deed | $835,000 | None Listed On Document | |
| Quit Claim Deed | $100 | -- | |
| Deed | $100 | -- | |
| Warranty Deed | $122,000 | -- | |
| Deed | $60,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $0 | Unknown | |
| Previous Owner | $160,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2023 01/31/23 | Sold | $1,750,000 | -10.3% | $951 / Sq Ft |
| 11/03/2022 11/03/22 | Price Changed | $1,950,000 | -11.4% | $1,060 / Sq Ft |
| 10/06/2022 10/06/22 | For Sale | $2,200,000 | +163.5% | $1,196 / Sq Ft |
| 03/05/2019 03/05/19 | Sold | $835,000 | -7.1% | $323 / Sq Ft |
| 01/18/2019 01/18/19 | Pending | -- | -- | -- |
| 10/29/2018 10/29/18 | For Sale | $899,000 | -- | $348 / Sq Ft |
Source: Florida Keys Board of REALTORS®
Tax History Compared to Growth
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 | $11,529 | $1,466,249 | $1,041,762 | $424,487 |
| 2023 | $11,529 | $1,404,976 | $962,955 | $442,021 |
| 2022 | $9,906 | $1,046,594 | $648,224 | $398,370 |
| 2021 | $8,815 | $747,746 | $396,263 | $351,483 |
| 2020 | $8,203 | $698,514 | $344,338 | $354,176 |
| 2019 | $6,681 | $633,907 | $0 | $0 |
| 2018 | $6,225 | $629,371 | $0 | $0 |
| 2017 | $5,671 | $533,240 | $0 | $0 |
| 2016 | $5,449 | $487,395 | $0 | $0 |
| 2015 | $5,514 | $490,281 | $0 | $0 |
| 2014 | $5,189 | $424,387 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Mothner
Seller's Agent in 2023
Joshua Mothner
Coldwell Banker Schmitt Real Estate Co.
(305) 743-5181
176 Total Sales
-
Teri Hiller
Seller Co-Listing Agent in 2023
Teri Hiller
Coldwell Banker Schmitt Real Estate Co.
(305) 481-0361
76 Total Sales
-
5
Buyer's Agent in 2023
554482 554482
Coldwell Banker Schmitt Real Estate Co.
-
Margaret Gonzalez
Buyer's Agent in 2019
Margaret Gonzalez
Coldwell Banker Schmitt Islamorada
(305) 505-5411
29 Total Sales
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 582513
APN: 00100610-000100
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