NOT LISTED FOR SALE

101 Old Ferry Rd Unit 5C Shalimar, FL 32579

Estimated Value: $128,000 - $141,645

1 Bed
1 Bath
625 Sq Ft
$223/ mo HOA Fee

Last Sold February 27, 2015

Last sale price $54,000 $86 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $998/month

98 Days on Market

Highlights

  • Waterfront Community
  • Fishing
  • Newly Painted Property
  • Choctawhatchee Senior High School Rated A-
  • Bay View
  • Vaulted Ceiling

About This Home

As of February 2015

Beautiful light and bright second floor unit in a great Shalimar location with views of Shalimar Yacht Basin and a peek of Choctawhatchee Bay from the balcony. Large tile in the kitchen, living room, dining area and bathroom. Soaring ceiling at the entrance with a generous foyer area adjacent to the kitchen for maximum flexibility. Recent improvements include new laminate wood flooring in the bedroom and closets, new closet doors, new recessed lighting with dimmers in the living room, dining area and bedroom, new blinds at the entrance, additional electrical outlets, new door hardware and a new ceiling fan in the living room. The unit has also been freshly-painted with high-quality Williamsburg paint. Finisterra is a well-maintained complex overlooking Choctawhatchee Bay just minutes away from Eglin Air Force Base. Amenities include a pool, lighted tennis court, handball court and on-site laundry. This unit should not be missed! Buyer to verify all dimensions. Listing Broker/Salesperson has ownership interest in the property. Property being sold subject to the lease. INVESTORS...This unit is rented at $795.00/month and produces fantastic cash flow!!

Last Agent to Sell the Property

Timothy Cole

Keller Williams Realty Destin License #3256893 Listed on: 08/09/2014

Last Buyer's Agent

Karen Phillips

The Agency Northwest Florida Beaches License #557915

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1970

Lot Details

  • 7

HOA Fees

  • $223 Monthly HOA Fees

Property Views

  • Bay
  • Harbor

Home Design

  • Newly Painted Property
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 625 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Recessed Lighting
  • Window Treatments
  • Entrance Foyer
  • Dining Room

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Home Security

Schools

  • Shalimar Elementary School
  • Meigs Middle School
  • Choctawhatchee High School

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06-2S-23-5070-0000-005C

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, management, recreational faclty, sewer, water, trash
  • Finisterra Condo Subdivision

Amenities

  • Recreation Room
  • Laundry Facilities

Recreation

  • Waterfront Community
  • Tennis Courts
  • Handball Court
  • Community Pool
  • Fishing

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1970

Lot Details

7 Acres

HOA Fees

$223 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: FINISTERRA CONDO
  • Directions: Take Eglin Parkway to Old Ferry Road. Complex is located across from Shalimar Yacht Basin. Take first right at entrance. Building 5 is on the right. Unit is on the second floor.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1970
  • Remarks Misc:Remarks: Beautiful light and bright second floor unit in a great Shalimar location with views of Shalimar Yacht Basin and a peek of Choctawhatchee Bay from the balcony. Large tile in the kitchen, living room, dining area and bathroom. Soaring ceiling at the entrance with a generous foyer area adjacent to the kitchen for maximum flexibility. Recent improvements include new laminate wood flooring in the bedroom and closets, new closet doors, new recessed lighting with dimmers in the living room, dining area and bedroom, new blinds at the entrance, additional electrical outlets, new door hardware and a new ceiling fan in the living room. The unit has also been freshly-painted with high-quality Williamsburg paint. Finisterra is a well-maintained complex overlooking Choctawhatchee Bay just minutes away
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Waterview:Harbor2: Yes
  • Rooms:Dining Room: Yes
  • Waterview:Bay2: Yes
  • Rooms:Foyer: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Ceiling Raised, Floor Tile, Furnished - None, Lighting Recessed, Newly Painted, Window Treatment All, Woodwork Painted
  • Stories: 2
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Tile: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes
  • Interior:Woodwork Painted: Yes

Exterior Features

  • View: Harbor, Bay
  • Construction Type: Roof Composite Shngl, Vinyl Siding
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • Parking Features:Other3: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Community Room, Dumpster, Fishing, Handball, Laundry, Pool, Tennis, Waterfront
  • Association #2 Fee: 223.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Management, Recreational Faclty, Sewer, Water, Trash

Schools

  • Elementary School: Shalimar
  • High School: Choctawhatchee
  • Middle Or Junior School: Meigs

Lot Info

  • Parcel #: 06-2S-23-5070-0000-005C
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2014
Closed on
Feb 27, 2015
Sold by
Excelsior Restaurant Holdings Inc
Bought by
Cowell Michael W and Kelly Susan Cowell
Seller's Agent
Timothy Cole
Keller Williams Realty Destin
Buyer's Agent
Karen Phillips
The Agency Northwest Florida Beaches
List Price
$54,000
Sold Price
$54,000
Current Estimated Value
$136,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,661
Avg. Annual Appreciation
8.76%

Purchase Details

Closed on
Jan 21, 2014
Sold by
Goble Clifford P and Goble Angelyn R
Bought by
Excelsior Restaurant Holdings Inc
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
Cowell Michael W $54,000 Customers First Title Co
Excelsior Restaurant Holdings Inc $46,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2015 02/27/15 Sold $54,000 0.0% $86 / Sq Ft
11/15/2014 11/15/14 Pending -- -- --
08/09/2014 08/09/14 For Sale $54,000 -- $86 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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 $767 $96,076 -- --
2024 $727 $101,172 -- --
2023 $727 $100,264 $0 $0
2022 $628 $86,883 $0 $0
2021 $543 $73,527 $0 $0
2020 $491 $68,133 $0 $0
2019 $394 $55,000 $0 $55,000
2018 $710 $55,000 $0 $0
2017 $648 $50,000 $0 $0
2016 $570 $43,000 $0 $0
2015 $545 $40,500 $0 $0
2014 $525 $39,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 612659

Emerald Coast Association of REALTORS®

APN: 06-2S-23-5070-0000-005C

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