NOT LISTED FOR SALE

188 S Indies Dr Marathon, FL 33050

Estimated Value: $1,768,000 - $2,748,000

4 Beds
3 Baths
3,140 Sq Ft
$778/Sq Ft Est. Value

Last Sold March 03, 2017

Last sale price $895,000 $285 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $14,881/month

18 Days on Market

Highlights

  • Dock made with concrete
  • Concrete Pool
  • Deck
  • Coral Shores High School Rated A
  • Home fronts a canal
  • 1-minute walk to Curry Hammock State Park

About This Home

As of March 2017

Large family home in beautiful Duck Key. 98 feet of dockage on a beautiful crystal clear flow through canal. This home needs some updating and remodeling, Top floor in - house pool with a slight ocean view. Master bedroom on top floor with sliding doors opening to centralized pool. Kitchen and living area also open to the pool and water views. Second floor area offers 3 bedrooms plus family room.

Last Agent to Sell the Property

Billy Hart

Ocean Sotheby's International Realty License #412724 Listed on: 01/17/2017

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,342

Year Built

  • Built in 1984

Lot Details

  • 0.28 Acre Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Parking

  • Garage

Home Design

  • Tile Roof

Interior Spaces

  • 3,140 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Storage
  • Tile Flooring
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Pool

  • Concrete Pool
  • Pool Deck

Outdoor Features

  • Dock made with concrete
  • Balcony
  • Deck
  • Outdoor Storage

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • Center Island Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00376570-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,342

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 6
  • Dockage Dock: Concrete
  • Dockage Dock Length: 98
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Duck Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 61.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 9342.19
  • Vehicle Storage: Garage
  • Year Built: 1984
  • Alternate Key Number: 1459941
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air
  • Lot Sq Ft: 12240.00
  • Pool Info: Concrete, Decked
  • Porch Balcony: Deck, Open Porch/Balcony
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 3140.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Entrance Foyer, Split Bedroom, Storage
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Microwave, Refrigerator, Range, Oven
  • Floor: Tile
  • Total Bedrooms: 4

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Storage
  • Roof: Tile Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Water Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00376570-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.28

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2021
Sold by
Gonzalez Miguel
Bought by
188 Indies Drive South Llc
Current Estimated Value
$2,442,478

Purchase Details

Listed on
Jan 17, 2017
Closed on
Mar 3, 2017
Sold by
188 Indies Drive South Llc
Bought by
Gonzalez Miguel
Seller's Agent
Billy Hart
Ocean Sotheby's International Realty
Buyer's Agent
Billy Hart
Ocean Sotheby's International Realty
List Price
$979,000
Sold Price
$895,000
Premium/Discount to List
-$84,000
-8.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.65%

Purchase Details

Closed on
Oct 12, 2007
Sold by
Lyne Robert W and Lyne Carolyn Ann
Bought by
188 Indies Drive South Llc

Purchase Details

Closed on
Dec 22, 2006
Sold by
Keiter Michael A and Keiter Michael
Bought by
Deutsche Bank National Trust Co and Soundview Home Loan Trust

Purchase Details

Closed on
Feb 3, 2006
Sold by
Heinrich Bobby Joe and Heinrich Tina M
Bought by
Keiter Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.84%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 10, 2001
Sold by
Family Lp Kornahrens I
Bought by
Heinrich Bobby J and Heinrich Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2000
Sold by
Moro Giuseppe and Moro Gail
Bought by
Kornahrens Family Limited Partnersh

Purchase Details

Closed on
Dec 3, 1993
Sold by
Barnett Bk S Fl
Bought by
Moro Giuseppe and Moro Gail M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.14%

Purchase Details

Closed on
Aug 1, 1983
Bought by
188 Indies Dr South Llc

Purchase Details

Closed on
Jun 1, 1981
Bought by
188 Indies Dr South Llc

Purchase Details

Closed on
Apr 1, 1978
Bought by
188 Indies Dr South Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
188 Indies Drive South Llc -- None Available
Gonzalez Miguel $895,000 None Available
188 Indies Drive South Llc $1,150,000 Attorney
Deutsche Bank National Trust Co -- None Available
Deutsche Bank National Trust Co -- None Available
Keiter Michael A $1,700,000 Gulf Atlantic Title Llc
Heinrich Bobby J $725,000 --
Kornahrens Family Limited Partnersh $564,300 --
Moro Giuseppe $385,000 --
188 Indies Dr South Llc $73,000 --
188 Indies Dr South Llc $51,100 --
188 Indies Dr South Llc $28,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keiter Michael A $400,000
Previous Owner Keiter Michael A $1,530,000
Previous Owner Kornahrens Family Limited Partnersh $398,000
Previous Owner Kornahrens Family Limited Partnersh $405,000
Previous Owner Moro Giuseppe $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2017 03/03/17 Sold $895,000 -8.6% $285 / Sq Ft
02/04/2017 02/04/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $979,000 -- $312 / 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 $16,690 $2,031,561 $1,324,735 $706,826
2023 $16,690 $1,930,369 $1,243,584 $686,785
2022 $14,679 $1,551,360 $1,028,160 $523,200
2021 $11,456 $1,117,512 $636,480 $481,032
2020 $10,938 $1,053,575 $563,040 $490,535
2019 $9,054 $897,838 $0 $0
2018 $8,064 $776,050 $452,880 $323,170
2017 $9,105 $895,806 $0 $0
2016 $9,342 $895,715 $0 $0
2015 $8,879 $818,876 $0 $0
2014 $9,067 $800,899 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 573746

Florida Keys Board of REALTORS®

APN: 00376570-000000