NOT LISTED FOR SALE

101 42nd St Unit E Mexico Beach, FL 32456

Estimated Value: $540,697 - $615,000

2 Beds
2 Baths
1,012 Sq Ft
$558/Sq Ft Est. Value

Last Sold January 03, 2024

Last sale price $565,000 $558 Per Sq Ft

Current estimated payment $3,548/month

About This Home

As of January 2024

X flood zone-flood insurance not required! This beautiful Ocean Breeze Cottage, Unit E, rests just a short walk to Mexico Beach's sandy white sandy beach with no HOA or fees! Built in 2020, and sold fully furnished, this property features beautiful custom finishes such as luxury vinyl plank flooring throughout, 9' ceilings, quartz countertops, spray foam insulation in the attic and walls, Rinnai tankless water heater, and metal roof. The back covered porch features a nice brick paver courtyard that is fully fenced for privacy. The backyard has an outdoor shower and natural gas hookup for the grill. Property is built on a stem wall for extra protection. Boaters can enjoy quick and easy access to the Mexico Beach city boat ramp nearby! On vacation rental program currently. Rare location on the beach side of Highway 98 allowing easy beach access!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Jan 3, 2024
Sold by
Lochbihler Thomas and Lochbihler Olga
Bought by
Gilliam Taylor
Seller's Agent
The Peevy Team
Berkshire Hathaway HomeServices - Windmark
Buyer's Agent
Sherry Siclare
Coastal Realty Group-CSB South
List Price
$599,500
Sold Price
$565,000
Premium/Discount to List
-$34,500
-5.75%
Views
161
Current Estimated Value
$564,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$576
Avg. Annual Appreciation
-0.06%
Original Mortgage
$452,000
Outstanding Balance
$444,585
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$119,839

Purchase Details

Listed on
Jul 12, 2021
Closed on
Sep 21, 2021
Sold by
Ocean Breeze Cottages Llc
Bought by
Lochbihler Thomas and Lochbihler Olga
Seller's Agent
CHRYSTINA ADAMS
Marquardt Realty, Inc.
List Price
$419,900
Sold Price
$419,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.90%
Original Mortgage
$293,930
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Gilliam Taylor $565,000 Setco Services
Gilliam Taylor $565,000 Setco Services
Lochbihler Thomas $419,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilliam Taylor $452,000
Closed Gilliam Taylor $452,000
Previous Owner Lochbihler Thomas $293,930
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2024 01/03/24 Sold $565,000 -1.7% $558 / Sq Ft
10/03/2023 10/03/23 Price Changed $575,000 -2.5% $568 / Sq Ft
08/31/2023 08/31/23 Price Changed $589,500 -1.7% $583 / Sq Ft
07/28/2023 07/28/23 For Sale $599,500 +42.8% $592 / Sq Ft
09/24/2021 09/24/21 Sold $419,900 0.0% $420 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $419,900 -- $420 / Sq Ft

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 $6,475 $453,022 $177,049 $275,973
2023 $6,475 $369,512 $181,269 $213,801
2022 $5,599 $335,920 $132,879 $203,041
2021 $2,435 $139,039 $46,575 $92,464
Source: Public Records

Agents Affiliated with this Home

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