NOT LISTED FOR SALE

1002 Arthur Dr Lynn Haven, FL 32444

Estimated Value: $5,821,559

-- Bed
-- Bath
133,000 Sq Ft
$44/Sq Ft Est. Value

Last Sold May 29, 2012

Last sale price $2,400,000 $18 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $33,141/month

304 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Property fronts a bayou
  • 24 Acre Lot
  • A. Crawford Mosley High School Rated A-
  • Bay View
  • No HOA

About This Home

As of May 2012

HUGE Price Reduction!!! From $5,800,000 to $2,900,000. That is only $21.80 per sq. ft. The former Sallie-Mae Call Center is available for immediate occupancy. The current Plug-and-Play call center configuration could be modified to suit various office, flex, research and development, and/or industrial users. The owners would consider subdividing the 133,000 square foot building for long-term credit tenants. The current Land Use is Industrial within the City of Lynn Haven. Furnishings, fixtures, and equipment are available. Economic incentives may be available to qualified occupants from the state of Florida, Bay County, and the City of Lynn Haven. Call for additional information and to setup a tour of the building.

Last Agent to Sell the Property

Chris McCall

Counts Real Estate Group Inc License #0666647 Listed on: 07/19/2011

Counts Real Estate Group Inc

Last Buyer's Agent

Don Nations

Nations Real Estate, Inc License #0525405

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $32,033

Year Built

  • Built in 1993

Lot Details

  • 24 Acre Lot
  • Property fronts a bayou
  • Zoning described as City,Industrial Light

Property Views

  • Bay
  • Bayou

Home Design

  • Brick Exterior Construction
  • Steel Frame
  • Stone

Interior Spaces

  • 133,000 Sq Ft Home
  • 2-Story Property

Outdoor Features

  • Water access To Gulf or Ocean

Utilities

  • High Efficiency Air Conditioning
  • Central Air
  • Three-Phase Power

Community Details

Overview

  • No Home Owners Association
  • Hugh Nelson Industrial Park Subdivision
  • Handicap Modified Features In Community

Amenities

  • Elevator

Property Details

Property Type

Other

Est. Annual Taxes

$32,033

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1993
  • Property Sub Type: Other
  • Lot Size Acres: 24.0
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Hugh Nelson Industrial Park
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoPropertyType: CommercialSale
  • Property Sub Type Additional: Other
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 133000.0

Exterior Features

  • View: Bay, Bayou
  • View: Yes
  • Waterfront Features: Bayou, Gulf Access
  • Waterfront: Yes
  • Construction Type: Brick Veneer, Concrete, Steel Frame, Stone

Utilities

  • Cooling: Central Air, High Efficiency
  • Green Building Features: Handicap Access, Kitchen Facilities, Other, See Remarks
  • Cooling Y N: Yes
  • Electric: 3 Phase

Condo/Co-op/Association

  • Community Features: Elevator, Handicap Access
  • Association: No

Lot Info

  • Zoning Description: City,Industrial Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2011
Closed on
May 29, 2012
Sold by
Bay Haven Charter Academy Inc
Bought by
Smp Holdings Of Bay County Llc
Seller's Agent
Chris McCall
Counts Real Estate Group Inc
Buyer's Agent
Don Nations
Nations Real Estate, Inc
List Price
$5,950,000
Sold Price
$2,400,000
Premium/Discount to List
-$3,550,000
-59.66%
Current Estimated Value
$5,821,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,421,559
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Mar 7, 2001
Sold by
Student Loan Marketing Assn
Bought by
Sallie Mae Inc
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
Smp Holdings Of Bay County Llc -- None Available
Smp Holdings Of Bay County Llc $2,400,000 None Available
Sallie Mae Inc $11,226,200 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2022 06/20/22 Off Market $2,400,000 -- --
05/29/2012 05/29/12 Sold $2,400,000 -59.7% $18 / Sq Ft
05/18/2012 05/18/12 Pending -- -- --
07/19/2011 07/19/11 For Sale $5,950,000 -- $45 / Sq Ft
Source: Central Panhandle Association 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 $32,033 $938,405 $299,250 $639,155
2023 $32,033 $1,108,922 $299,250 $809,672
2022 $32,087 $1,279,438 $299,250 $980,188
2021 $35,022 $1,449,955 $299,250 $1,150,705
2020 $16,058 $1,075,137 $299,250 $775,887
2019 $18,007 $1,240,477 $299,250 $941,227
2018 $27,071 $1,842,600 $0 $0
2017 $29,943 $2,007,941 $0 $0
2016 $31,906 $2,090,611 $0 $0
2015 $35,407 $2,255,951 $0 $0
2014 $36,665 $2,338,621 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris McCall

    Seller's Agent in 2012

    Chris McCall

    Counts Real Estate Group Inc

    (850) 814-9889

    2 in this area

    77 Total Sales

    Chris McCall
    Section Image

  • D

    Buyer's Agent in 2012

    Don Nations

    Nations Real Estate, Inc

  • D

    Buyer's Agent in 2012

    Donald Nations

    Nations Real Estate, Inc

    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 418649

Central Panhandle Association of REALTORS®

APN: 08922-050-000

Florida Bay County Lynn Haven 32444

1002 Arthur Dr, Lynn Haven, FL

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.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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