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357 Tropical Avenue

357 Tropical Avenue, Marathon, FL 33050
Property in Middle Keys
Sold Nov 25, 2015
$315,000
$244,160 by Branch Banking And Trust Co
Mortgage Due Dec 01, 2035
Sold Oct 12, 2005
$485,000
$250,000 by Aegis Funding Corp
Mortgage Due Nov 01, 2035
357 Tropical Avenue in Marathon, FL was first built in 1976 and is 48 years old. Although, the building on the property was most recently renovated and altered in 1996. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 357 Tropical Avenue has 1,656 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 680 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 8,500 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of metal. For those who need parking, there is a attached garage. The garage is 216 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of a combination of material. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 357 Tropical Avenue sold most recently in Nov 6, 2015 for a total of $315,000. If you work out the math, that's approximately a cost of $168.27 per sqft. Before that, the property was also sold for $485,000 in Sep 30, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,373 in taxes each year. 357 Tropical Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $310,782. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Plywood
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,872
  • Gross Building Area: 1,872
  • Building Area: 1,656
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,656
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRAINS SUBD
  • Land Acres: 0.195
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: BK 48 LT 12 AND N 8FT LT 13 CRAINS SUBD OF GRASSY KEY PB1-51 OR584-199 OR1627-2327 OR2158-147 OR2771-567/68

Ownership

  • Current Owner : MEIER CHARLES D
  • Current Owner 2: MEIER CHRISTY A
  • Previous Owner : GAGLIARDINI JAMES C
  • Previous Owner 2: GAGLIARDINI NANCY M
  • Owner Before Previous Owner: BRETTMAN JAMES C
  • Owner Before Previous Owner 2: BRETTMAN BARBARA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: IS

Geography

  • Assessors Map Reference: 14-24
  • Account Number: 1456063
  • Parcel: 00372970-000000
  • Block: 48
  • Lot: 12,13
  • Meridian: SEC 24 TWN 65S RNG 33E
  • Municipality: CITY OF MARATHON WITH NO LITTL
  • Latitude: 24.7614
  • Longitude: -80.9612

    Address

  • Full Address: 357 Tropical Ave
  • Address - House Number: 357
  • Address - Street Name: Tropical
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Marathon
  • Carrier Code: R002
  • 4-Digit Zip Code: 5739
  • Zip Code: 33050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,373
  • Tax Rate Code Area: 50CM

    Appraisal Valuation

  • Standard Deviation: 0.2163
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 740,460
  • High Value: 900,642
  • Low Value: 580,278

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $334,960
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: Nov 25, 2015
  • First Open Lien Mortgage Loan Amount: $244,160
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2035
  • Second Open Lien Mortgage Lender: UNITED STATES SMALL BUSINESS A
  • Second Open Lien Mortgage Recording Date: Feb 16, 2018
  • Second Open Lien Mortgage Loan Amount: $90,800
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: SBA Participation Trust Deed
  • Second Open Lien Mortgage Loan Due Date: Dec 09, 2047

    Market Valuation

  • Market Total Value: $584,180
  • Market Land Value: $346,035
  • Market Improvement Value: $238,145

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $310,782

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 06, 2015
  • Current Sale Recording Date: Nov 25, 2015
  • Current Sale Transaction ID: 1410634991
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2054625
  • Previous Sale Recording Date: Oct 12, 2005
  • Previous Sale Contract Date: Sep 30, 2005
  • Previous Sale Amount: $485,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: Nov 25, 2015
  • First Mortgage Loan Amount: $244,160
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: AEGIS FUNDING CORP
  • Previous Mortgage Transaction Date: Oct 12, 2005
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Nov 01, 2035

About Marathon



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 357 Tropical Avenue located in?
The 357 Tropical Avenue is a located in the neighborhood of Middle Keys in Marathon, Marathon.
What is the average sales price for listings in 357 Tropical Avenue?
The average sales price for units in 357 Tropical Avenue is $0 currently.

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