NOT LISTED FOR SALE

8 Ibis Ln Marathon, FL 33050

Estimated Value: $1,789,380 - $2,050,000

4 Beds
3 Baths
1,858 Sq Ft
$1,036/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $1,482,105 $798 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $11,204/month

101 Days on Market

Highlights

  • Airstrip
  • Ocean View
  • Dock made with wood
  • Coral Shores High School Rated A
  • Beach
  • New Construction

About This Home

As of September 2021

Come experience true Keys Iiving on desirable Ibis Lane with a new construction house, your own pool and dock! This home will have four bedrooms and three baths, and quick access to open water from your private dock. Tucked away nicely off Sombrero Beach Rd, Ibis is home to a small enclave of luxury homes. Being built to the highest of hurricane standards, you can enjoy privacy and easy access in the best of the Keys: Marathon! Planned completion Summer 2021.

Last Agent to Sell the Property

Lisa Baez

The New Home Spot, Inc. License #3319988 Listed on: 10/30/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,864

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 12,900 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned RM - Residential Medium

Parking

  • Carport

Property Views

  • Ocean
  • Canal

Home Design

  • Metal Roof

Interior Spaces

  • 1,858 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Doors

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Fiberglass Pool

Outdoor Features

  • Airstrip
  • Dock made with wood
  • Balcony
  • Deck

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00355311-000401

Community Details

Overview

  • No Home Owners Association
  • Ibis Isle Subdivision

Recreation

  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,864

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Wood
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Sombrero
  • Mile Marker: 50.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Bike Paths, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5863.60
  • Title: Title Ins - Seller
  • Vehicle Storage: Carport
  • Year Built: 2021
  • Alternate Key Number: 9104492
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 12900.00
  • Pool Info: Fiberglass, In Ground
  • Porch Balcony: Deck, Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1858.00
  • Pre Wired: Cable
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Walk-in Closet(s), Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave, Dryer, Disposal
  • Windows/Doors: Impact Rstnce Doors, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 4

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View, Ocean View
  • Pool: Yes

Utilities

  • Utilities: Cable Available, Municipal Sewer, Elect Separate Meter, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00355311-000401
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.20

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
Sep 10, 2021
Sold by
Seasons 16 Llc
Bought by
Martin Daniel
Seller's Agent
Lisa Baez
The New Home Spot, Inc.
Buyer's Agent
Creative Technology
List Price
$1,350,000
Sold Price
$1,482,105
Premium/Discount to List
$132,105
9.79%
Current Estimated Value
$1,924,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,240
Avg. Annual Appreciation
6.31%
Original Mortgage
$1,100,000
Outstanding Balance
$970,585
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$953,760

Purchase Details

Closed on
Aug 11, 2004
Sold by
Mcdade Lawrence and Mcdade Janice F
Bought by
Seasons 16 Llc
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
Martin Daniel $1,375,000 None Listed On Document
Seasons 16 Llc $320,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Daniel $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2021 09/16/21 Sold $1,482,105 +9.8% $798 / Sq Ft
10/30/2020 10/30/20 For Sale $1,350,000 -- $727 / Sq Ft
Source: Florida Keys Board 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
2025 $13,451 $1,567,889 $1,016,415 $551,474
2024 $12,546 $1,501,199 $959,951 $541,248
2023 $12,546 $1,360,058 $861,271 $498,787
2022 $11,393 $1,152,960 $648,213 $504,747
2021 $1,984 $188,454 $188,454 $0
2020 $1,955 $188,454 $188,454 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593195

Florida Keys Board of REALTORS®

APN: 00355311-000401