NOT LISTED FOR SALE

Estimated Value: $492,000

4.58 Acres
$107,424 Price per Acre
199,505 Sq Ft Lot

Last Sold August 17, 2016

Last sale price $18,000

Est. 2,633% increase in value since last sale

Current estimated payment $2,574/month

10 Days on Market

Highlights

  • Oak Trees
  • 4.58 Acre Lot
  • No HOA

About This Lot

As of August 2016

BANK OWNED! This beautiful property is zoned R-5 Multi-Family 4.5 units per acre. This was the site of the old Lanark Mineral Springs and Hotel just 600 feet north of Highway 98 and the Lanark Village Boat Club. The property is wooded throughout with the old concrete foundations in the north east corner and a small creek running through the west side where the springs used to be. This is a great opportunity for developers or for anyone who just wants their dream home in the middle of a forest.

Property Details

Property Type

  • Land

Lot Details

  • 4.58 Acre Lot
  • Palmetto Ground Covering
  • Oak Trees
  • Pine Trees
  • Wooded Lot
  • Zoning described as County

Community Details

  • No Home Owners Association
  • Lanark Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1207S04W000002500000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: Go east on Hwy 98 approximately 4 miles from Carrabelle until you reach Newman Drive on north side of Hwy 98 (across from Lanark Village Market) turn left and property is past curve on right.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 4.58
  • Lot Size: IRREGULAR
  • Road Surface Type: Paved
  • Subdivision Name: Lanark Village
  • Special Features: RealEstateOwned

Exterior Features

  • Lot Features: Survey Available, Within 1/2 Mile of Water, Wooded
  • Waterfront: No

Utilities

  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 199504.8
  • Additional Parcels: No
  • Parcel #: 1207S04W000002500000
  • Zoning Description: County
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2023
Sold by
Forrest Darryl and Forrest Linda
Bought by
Rose Shawn
Current Estimated Value
$492,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Outstanding Balance
$66,938
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2005
Sold by
Ocean Mist Llc
Bought by
Board Of County Commissioners

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
5.66%
Mortgage Type
Unknown
Source: Public Records
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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
Rose Shawn $92,000 Lowe Title Services
Board Of County Commissioners -- Attorney
Ocean Mist Llc $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Shawn $69,000
Previous Owner Ocean Mist Llc $445,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2016 08/17/16 Sold $18,000 -33.1% --
07/12/2016 07/12/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $26,900 -- --
Source: Forgotten Coast REALTOR® Association

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
2025 $319 $29,000 $29,000 --
2024 $322 $29,000 $29,000 --
2023 $333 $29,000 $29,000 $0
2022 $340 $29,000 $29,000 $0
2021 $356 $29,000 $29,000 $0
2020 $376 $29,000 $29,000 $0
2019 $540 $58,000 $58,000 $0
2018 $362 $25,500 $0 $0
2017 $361 $25,500 $0 $0
2016 $358 $25,500 $0 $0
2015 $545 $40,725 $0 $0
2014 $550 $40,725 $0 $0
Source: Public Records

Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 257133

Forgotten Coast REALTOR® Association

APN: 12-07S-04W-0000-0250-0000