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115 North Bahama Drive

115 North Bahama Drive, Marathon, FL 33050
Property in Middle Keys
Sold Apr 15, 2013
$375,000
$300,000 by Bank Of America Na
Mortgage Due Apr 01, 2043
Sold Feb 28, 2011
$337,000
$269,600 by Tib Bank
Mortgage Due Mar 01, 2041
Local assessors in Marathon, FL have categorized 115 North Bahama Drive as a residential type of property. The home was built in 1992 and is 32 years old. It was most recently renovated and altered in 2007. The property's lot size has been calculated to be 7,500 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 750 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 115 North Bahama Drive has a total of 2,150 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of asphalt. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 115 North Bahama Drive was last sold in Apr 1, 2013 for $375,000. According to our calculations, that's $174.42 per sqft. Prior to that sales transaction, the property was sold for $337,000 in Feb 11, 2011. Current property owners are expected to pay $5,785 in taxes per year. The property on 115 North Bahama Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $702,129. To break that down further, the land itself was valued at $369,113. While improvements to the property were assessed at a total of $333,016. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,150
  • Gross Building Area: 2,150
  • Building Area: 2,150
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,150
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CENTER ISLAND
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BK 7 LT 18 DUCK KEY CENTER ISLAND SEC 2 PART 2 TOMS HARBOR PB5-82 OR489-364/66 OR737-320 OR801-1874/75 OR803-1577/78 OR805-85/86 OR953-105 OR974-1619 OR1138-1738 OR1551-2146 OR2506-486/87 OR2623-509/10

Ownership

  • Current Owner : HAMMOCK STEVEN E
  • Current Owner 2: HAMMOCK JOYCE A
  • Previous Owner : LOMBARDI THOMAS P
  • Previous Owner 2: LOMBARDI DAWN M
  • Owner Before Previous Owner: BOLL ELIZABETH URSULA

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 971002

Zoning

  • Zoning: IS-M

Geography

  • Account Number: 1464392
  • Section: 2
  • Parcel: 00380700-000000
  • Block: 7
  • Lot: 18
  • Meridian: SEC 16 TWN 65S RNG 34E
  • Municipality: DUCK KEY LESS INDIES ISLAND PL
  • Latitude: 24.7719
  • Longitude: -80.9115

    Address

  • Full Address: 115 N Bahama Dr
  • Address - House Number: 115
  • Street Direction: N
  • Address - Street Name: Bahama
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Marathon
  • Carrier Code: R001
  • 4-Digit Zip Code: 3708
  • Zip Code: 33050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,785
  • Tax Rate Code Area: 500D

    Appraisal Valuation

  • Standard Deviation: 0.2097
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 1,063,163
  • High Value: 1,286,209
  • Low Value: 840,116

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Apr 15, 2013
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2043
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Oct 12, 2016
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 30, 2046

    Market Valuation

  • Market Total Value: $702,129
  • Market Land Value: $369,113
  • Market Improvement Value: $333,016

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $702,129
  • Assessed Land Value: $369,113
  • Assessed Improvements Value: $333,016

    Sales

  • Current Sale Contract Date: Apr 01, 2013
  • Current Sale Recording Date: Apr 15, 2013
  • Current Sale Transaction ID: 1079223292
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1928618
  • Previous Sale Recording Date: Feb 28, 2011
  • Previous Sale Contract Date: Feb 11, 2011
  • Previous Sale Amount: $337,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Apr 15, 2013
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: TIB BANK
  • Previous Mortgage Transaction Date: Feb 28, 2011
  • Previous Mortgage Loan Amount: $269,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2041

About Duck Key



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Frequently Asked Questions

What neighborhood is 115 North Bahama Drive located in?
The 115 North Bahama Drive is a located in the neighborhood of Middle Keys in Duck Key, Marathon.
What is the average sales price for listings in 115 North Bahama Drive?
The average sales price for units in 115 North Bahama Drive is $0 currently.

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