NOT LISTED FOR SALE

987 Ocotillo Ln Marathon, FL 33050

Estimated Value: $1,404,031 - $1,635,000

3 Beds
3 Baths
1,914 Sq Ft
$787/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $930,000 $486 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $8,746/month

147 Days on Market

Highlights

  • Airstrip
  • Beach
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Boat Ramp
  • Deck

About This Home

As of March 2021

YOUR FLORIDA KEYS LIFESTYLE STARTS HERE. Located on the peaceful, tucked away neighborhood of Flamingo Island this home is a true fisherman's paradise far removed from the hectic pace of city life. The focus of this home is the high vaulted ceiling living area with casual dining area and updated kitchen space. There are two cheerful bedrooms upstairs with updated bathrooms and tile flooring throughout. Over 2,000 square feet of covered deck, screened-in dining area, and breathtaking views of sea and sky. Partially finished lower living space is a blank canvas. 140ft of water frontage with over 1,000 feet of dockage with 7ft draft, private boat ramp, and deep water ocean access through Sister's Creek. This property could be the fulfillment of a dream.

Last Agent to Sell the Property

Tommy Mack

Coastal Collection Real Estate Inc. License #3285624 Listed on: 08/25/2020

Last Buyer's Agent

Diane Corliss

Realty Executives - Sugarloaf

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,653

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 10,000 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned RM - Residential Medium

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,914 Sq Ft Home
  • Cathedral Ceiling
  • Blinds
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Canal Views
  • Complete Accordion Shutters

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Airstrip
  • Boat Ramp
  • Screened Balcony
  • Deck
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00355860-000000

Community Details

Overview

  • No Home Owners Association
  • Flamingo Island Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,653

Year Built

Built in 1979 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 7
  • 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, Fire Hydrant, Beach
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 7652.72
  • Vehicle Storage: Off Street Parking
  • Year Built: 1979
  • Alternate Key Number: 1437549
  • Cooling Heating: Central Air
  • Lot Sq Ft: 10000.00
  • Porch Balcony: Deck, Screened P/B
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1914.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage, Granite Counter Top, Cathedral Ceilings, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Oven, Microwave, Freezer, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Rain Gutters, Storage
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00355860-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Mar 8, 2021
Sold by
Green Pamela
Bought by
Noga Edward J
Seller's Agent
Tommy Mack
Coastal Collection Real Estate Inc.
Buyer's Agent
Diane Corliss
Realty Executives - Sugarloaf
List Price
$1,200,000
Sold Price
$930,000
Premium/Discount to List
-$270,000
-22.5%
Current Estimated Value
$1,505,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$575,508
Avg. Annual Appreciation
10.94%
Original Mortgage
$300,000
Outstanding Balance
$268,929
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,236,579

Purchase Details

Closed on
Sep 19, 2018
Sold by
Green Roy F
Bought by
Green Pamela

Purchase Details

Closed on
Sep 10, 2018
Sold by
Green Roy F
Bought by
Green Pamela

Purchase Details

Closed on
Sep 22, 2006
Sold by
Andersen Amy
Bought by
Green Roy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,400
Interest Rate
8.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 20, 2006
Sold by
U S Bank Na
Bought by
Green Roy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,400
Interest Rate
8.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 1, 1985
Bought by
Green Roy F
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
Noga Edward J $930,000 Attorney
Green Pamela $100 None Listed On Document
Green Pamela -- Attorney
Green Pamela $100 None Listed On Document
Green Roy F -- Attorney
Green Roy F $895,500 Attorney
Green Roy F $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noga Edward J $300,000
Previous Owner Green Roy F $716,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2021 03/08/21 Sold $930,000 -15.5% $486 / Sq Ft
12/14/2020 12/14/20 Price Changed $1,100,000 -8.3% $575 / Sq Ft
08/25/2020 08/25/20 For Sale $1,200,000 -- $627 / 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
2024 $10,203 $963,818 -- --
2023 $10,203 $935,746 $0 $0
2022 $10,071 $908,492 $0 $0
2021 $8,559 $676,342 $420,000 $256,342
2020 $7,876 $618,039 $420,000 $198,039
2019 $7,653 $595,372 $395,000 $200,372
2018 $7,682 $655,467 $395,000 $260,467
2017 $7,151 $597,097 $0 $0
2016 $6,943 $575,932 $0 $0
2015 $6,496 $523,339 $0 $0
2014 $6,351 $520,497 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tommy Mack

    Seller's Agent in 2021

    Tommy Mack

    Coastal Collection Real Estate Inc.

    (305) 731-7910

    4 in this area

    236 Total Sales

    Tommy Mack
    Section Image

  • D

    Buyer's Agent in 2021

    Diane Corliss

    Realty Executives - Sugarloaf

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592226

Florida Keys Board of REALTORS®

APN: 00355860-000000

Florida Monroe County Marathon 33050

987 Ocotillo Ln, Marathon, FL

This home is located at 987 Ocotillo Ln, Marathon, FL 33050 since 25 August 2020 and is currently estimated at $1,505,508, approximately $786 per square foot. This property was built in 1979. 987 Ocotillo Ln is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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