NOT LISTED FOR SALE

1023 W Choctawhatchee Dr Niceville, FL 32578

Estimated Value: $829,000 - $1,732,565

0.55 Acre
$2,163,438 Price per Acre
23,958 Sq Ft Lot

Last Sold July 11, 2017

Last sale price $410,000

Est. 181% increase in value since last sale

Current estimated payment $6,868/month

Highlights

  • Lake Front
  • Bluewater Elementary School Rated A-
  • Community Playground

About This Lot

As of July 2017

Beautiful waterfront lot on Lake Pippin with approximately 90-100' of water frontage and .5 acre! This lot sits close to the midbay bridge leading to Destin, FL (which makes this lot location convenient to shopping, restaurants, and entertainment!). Build your dream home on the water! Take a boat to eat lunch at Lulu's or boat to Crab Island. This property is located in top rated school district. Buyer to verify all dimensions & information.

Last Agent to Sell the Property

Roy Sutton

Eagle Bay Real Estate License #3014816 Listed on: 06/14/2017

Last Buyer's Agent

Mary Gianelloni

The Agency Northwest Florida Beaches

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,538

Lot Details

  • 0.55 Acre Lot
  • Lake Front
  • Property fronts a private road

HOA Fees

  • $3 Monthly HOA Fees

Schools

  • Bluewater Elementary School
  • Lewis Or Ruckel Middle School
  • Niceville High School

Listing and Financial Details

  • Assessor Parcel Number 36-1S-22-4700-0000-018A

Community Details

Overview

  • Lake Pippin Estates Subdivision

Recreation

  • Community Playground

Property Details

Property Type

Land

Est. Annual Taxes

$3,538

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.55
  • Lot Size: 100x245 approx
  • Road Frontage Type: Private Road
  • Subdivision Name: LAKE PIPPIN ESTATES
  • Directions: Head East on HWY 20 through Bluewater Bay. Pass under midbay bridge connector and continue on HWY 20. About 1 mile down, take a RIGHT on County Line Road towards Camp Timpoochee. Follow County Line Road around to the right on Pippin Drive and Right on W Chotoawatchee Drive. W. Chotawatchee Drive turns into Lake Drive. At this point Lot is on the right (water side).
  • Waterfront:Lake: Yes
  • Special Features: None

Exterior Features

  • Waterfront Features: Lake
  • Waterfront: Yes

Utilities

  • Utilities: Other

Condo/Co-op/Association

  • Community Features: Playground
  • Association #2 Fee: 30.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Bluewater
  • High School: Niceville
  • Middle Or Junior School: Lewis or Ruckel

Lot Info

  • Lot Size Sq Ft: 23958.0
  • Parcel #: 36-1S-22-4700-0000-018A
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3538.11
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2016
Sold by
Richey Jean N
Bought by
Wilcox John S and Wilcox Pamela R
Current Estimated Value
$1,151,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$582,192
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$607,699

Purchase Details

Listed on
Apr 9, 2016
Closed on
May 12, 2016
Sold by
Cowing Dolly
Bought by
Jimenez Derek and Rose Stephen P
Seller's Agent
Wendy Thomas
Keller Williams Realty FWB
Buyer's Agent
Roy Sutton
ecn.unknownoffice
List Price
$349,900
Sold Price
$349,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.83%
Original Mortgage
$279,920
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2011
Sold by
Suntrust Bank
Bought by
Richey Jean N

Purchase Details

Closed on
Nov 30, 2010
Sold by
Potts Frank
Bought by
Suntrust Bank

Purchase Details

Closed on
May 31, 2005
Sold by
Baird Joseph Arthur and Baird Ocie Lee
Bought by
Potts Frank and Potts Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,700
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wilcox Pamela R $360,000 --
Wilcox John S $360,000 Okaloosa Title & Abstract Co
Jimenez Derek $349,900 Panhandle Title Inc
Richey Jean N $256,650 Fidelity Natl Title Fl Inc
Suntrust Bank $4,000 None Available
Potts Frank $633,000 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilcox John S $750,000
Closed Wilcox John S $750,000
Previous Owner Jimenez Derek $279,920
Previous Owner Potts Frank $569,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2022 12/19/22 Off Market $410,000 -- --
07/11/2017 07/11/17 Sold $410,000 0.0% --
06/14/2017 06/14/17 For Sale $410,000 +17.2% --
06/12/2017 06/12/17 Pending -- -- --
05/13/2016 05/13/16 Sold $349,900 0.0% -- View Prior Sale
04/13/2016 04/13/16 Pending -- -- --
04/09/2016 04/09/16 For Sale $349,900 -- --
Source: Emerald Coast 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 $9,362 $811,006 -- --
2023 $9,362 $787,384 $0 $0
2022 $9,166 $764,450 $0 $0
2021 $9,162 $742,184 $0 $0
2020 $9,156 $731,937 $0 $0
2019 $9,069 $715,481 $0 $0
2018 $8,886 $692,876 $0 $0
2017 $3,958 $267,760 $0 $0
2016 $3,568 $239,420 $0 $0
2015 $3,536 $230,360 $0 $0
2014 $3,492 $228,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 777530

Emerald Coast Association of REALTORS®

APN: 36-1S-22-4700-0000-017A