NOT LISTED FOR SALE

983 Ocotillo Ln Marathon, FL 33050

Marathon Area

Estimated Value: $1,474,000 - $1,674,407

2 Beds
3 Baths
1,692 Sq Ft
$932/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2019

Last sale price $815,200 $482 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $9,589 / mo

49 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • Dock made with concrete
  • Coral Shores High School Rated A
  • Beach
  • Pool

About This Home

As of March 2019

Located on Flamingo Island and just a 5 minute drive to the beach this private home is ready for you to enjoy all it has to offer. Two Bedrooms and Three Bathrooms, vaulted ceilings, huge closets, CBS construction, garage, covered parking, weekly rentals allowed, outdoor shower, 60 feet of concrete seawall with a step down for easy access for kayaks and paddle boards! Covered Patio overlooking the pool and canal. Tons of parking for all your toys and vehicles and a widows walk too! Excellent vacation rental history!Access to ocean via sisters creek, Easy to show just schedule appointment do not walk property

Last Agent to Sell the Property

Amy Prumo

Exit Realty Florida Keys MTH Listed on: 01/24/2019

Last Buyer's Agent

Karen Raspe

Island Breeze Realty, LLC

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,253

Year Built

  • Built in 1988

Lot Details

  • 9,395 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned RM - Residential Medium

Home Design

  • Widow's Walk
  • Tile Roof

Interior Spaces

  • 1,692 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Garage
  • Carport
  • Guest Parking
  • Open Parking

Outdoor Features

  • Outdoor Shower
  • Airstrip
  • Dock made with concrete
  • Balcony
  • Exterior Lighting

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00355880-000000

Community Details

Overview

  • No Home Owners Association
  • Flamingo Island Subdivision

Recreation

  • Boat Ramp
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,253

Year Built

Built in 1988

Lot Details

9,395 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Country Club (Sombrero Blvd & Flamingo)
  • Mile Marker: 49.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Other Area Features, Community Boat Ramp, Beach
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 7253.20
  • Vehicle Storage: Carport, Open Parking, Guest Parking, Garage
  • Vehicle Storage Cars: 4+
  • Year Built: 1988
  • Alternate Key Number: 1437565
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 9395.00
  • Porch Balcony: Open Porch/Balcony, Widow's Walk
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1692.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Oven, Refrigerator, Range
  • Floor: Tile
  • Windows/Doors: Other Windows/Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Outdoor Shower, Lighting
  • Roof: Tile Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE 6
  • Parcel Number: 00355880-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.22

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2019
Closed on
Mar 29, 2019
Sold by
Bought by
Seller's Agent
Amy Prumo
Exit Realty Florida Keys MTH
Buyer's Agent
Karen Raspe
Island Breeze Realty, LLC
List Price
$849,000
Sold Price
$815,200
Premium/Discount to List
-$33,800
-3.98%
Current Estimated Value
$1,577,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$762,152
Avg. Annual Appreciation
9.40%

Purchase Details

Closed on
Feb 29, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 18, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
2.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1986
Bought by

Purchase Details

Closed on
Feb 1, 1973
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Marathon, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$815,200 None Listed On Document
$366,000 Attorney
$464,900 Imperial Title Llc
$488,000 Attorney
$625,000 Attorney
$31,500 --
$3,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $417,000
Previous Owner $488,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $815,200 -4.0% $482 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $849,000 -- $502 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,831 $1,397,305 $1,055,246 $342,059
2024 $10,177 $1,355,122 $1,015,318 $339,804
2023 $10,177 $1,252,310 $910,939 $341,371
2022 $9,165 $1,028,476 $685,577 $342,899
2021 $8,097 $713,369 $398,536 $314,833
2020 $8,014 $716,655 $398,536 $318,119
2019 $7,780 $692,225 $374,814 $317,411
2018 $7,253 $663,412 $374,814 $288,598
2017 $6,729 $606,946 $0 $0
2016 $6,658 $582,820 $0 $0
2015 $6,126 $526,148 $0 $0
2014 $6,084 $507,709 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 583885

Florida Keys Board of REALTORS®

APN: 00355880-000000

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