NOT LISTED FOR SALE

975 Ocotillo Ln Marathon, FL 33050

Estimated Value: $1,470,000 - $1,592,000

2 Beds
2.5 Baths
1,570 Sq Ft
$983/Sq Ft Est. Value

Last Sold December 27, 2019

Last sale price $817,500 $521 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $8,992/month

69 Days on Market

Highlights

  • Dock made with concrete
  • Home fronts a canal
  • No HOA
  • Coral Shores High School Rated A
  • Cathedral Ceiling
  • Screened Balcony

About This Home

As of December 2019

Big Boat or Multiple Vessels? NO PROBLEM! Beautifully maintained Flamingo Island waterfront home with 92 ft of concrete seawall and deep water ocean access through Sister's Creek. Ground level home, above flood with 2 spacious bedrooms and 2.5 baths. Open concept floor plan that flows out to the screened porch to further extend the waterside living. Recent updates/upgrades to include: A/C, impact front door, impact garage door, electric at dock, screened porch, hard wire smoke detectors and new hot water heater. Over sized one car garage makes for fabulous storage. Owner occupied, this home has been cared for and loved by these owners for the last seven years. Bahamian in style with high ceilings, long windows and wide sliding doors. Ground level, above floor with no stairs to climb.

Last Agent to Sell the Property

Jo Ann Cook

Ocean Sotheby's International License #3330898 Listed on: 09/16/2019

Ocean Sotheby's International

Last Buyer's Agent

554482 554482

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,667

Year Built

  • Built in 1997

Lot Details

  • 10,293 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned RM - Residential Medium

Home Design

  • Metal Roof

Interior Spaces

  • 1,570 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Storage
  • Dryer
  • Tile Flooring
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Seawall
  • Dock made with concrete
  • Screened Balcony
  • Screened Patio

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Flamingo Island Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00355920-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,667

Year Built

Built in 1997

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: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Marathon
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: Country Club (Sombrero Blvd & Flamingo)
  • Mile Marker: 49.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4667.20
  • Vehicle Storage: Attached, Off Street Parking, Open Parking, Guest Parking, Garage, Auto Door Opener
  • Year Built: 1997
  • Alternate Key Number: 1437603
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 10293.00
  • Porch Balcony: Screened P/B, Screened Patio
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1570.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Storage, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00355920-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.24

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2024
Sold by
Urfer Carol
Bought by
Carol A Urfer Trust and Urfer
Current Estimated Value
$1,543,928

Purchase Details

Listed on
Sep 16, 2019
Closed on
Dec 31, 2019
Sold by
Warrick Dan W and Warrick Elise R
Bought by
Urfer Carol
Seller's Agent
Jo Ann Cook
Ocean Sotheby's International
Buyer's Agent
554482 554482
Coldwell Banker Schmitt Real Estate Co.
List Price
$897,500
Sold Price
$817,500
Premium/Discount to List
-$80,000
-8.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%

Purchase Details

Closed on
Dec 18, 2017
Sold by
Granaghan Anthony C and Granaghan Linda
Bought by
Warrick Dan W and Warrick Elise R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2012
Sold by
Loeb Timothy A
Bought by
Warrick Dan W and Warrick Elise R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1997
Bought by
Warrick Dan W and Warrick Elise R

Purchase Details

Closed on
Mar 12, 1997
Sold by
Thompson Richard L and Thompson Charlotte
Bought by
R & C Partners Ltd

Purchase Details

Closed on
Sep 1, 1989
Bought by
Warrick Dan W and Warrick Elise R

Purchase Details

Closed on
Aug 1, 1988
Bought by
Warrick Dan W and Warrick Elise R

Purchase Details

Closed on
Nov 1, 1982
Bought by
Warrick Dan W and Warrick Elise R

Purchase Details

Closed on
Feb 1, 1975
Bought by
Warrick Dan W and Warrick Elise R
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
Carol A Urfer Trust -- None Listed On Document
Urfer Carol $817,500 None Listed On Document
Warrick Dan W $675,000 Attorney
Warrick Dan W $543,000 Attorney
Warrick Dan W $344,500 --
R & C Partners Ltd $100 --
Warrick Dan W $72,500 --
Warrick Dan W $44,000 --
Warrick Dan W $25,000 --
Warrick Dan W $4,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warrick Dan W $389,000
Previous Owner Warrick Dan W $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2019 12/27/19 Sold $817,500 -8.9% $521 / Sq Ft
11/24/2019 11/24/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $897,500 -- $572 / 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 $11,027 $1,362,816 $1,093,257 $269,559
2024 $10,343 $1,408,049 $1,083,134 $324,915
2023 $10,343 $1,295,372 $971,784 $323,588
2022 $9,296 $1,059,820 $731,369 $328,451
2021 $8,151 $718,823 $425,156 $293,667
2020 $8,024 $717,719 $425,156 $292,563
2019 $5,971 $548,174 $0 $0
2018 $5,689 $537,953 $0 $0
2017 $5,588 $526,889 $0 $0
2016 $5,635 $516,052 $0 $0
2015 $5,598 $512,465 $0 $0
2014 $5,673 $507,343 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 587401

Florida Keys Board of REALTORS®

APN: 00355920-000000