NOT LISTED FOR SALE

1026 Loyis Rd Cottondale, FL 32431

Estimated Value: $134,000

3 Beds
1 Bath
1,224 Sq Ft
$109/Sq Ft Est. Value

Last Sold February 23, 2016

Last sale price $52,400 $43 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $743/month

22 Days on Market

Highlights

  • 40 Acre Lot
  • No HOA
  • Pasture
  • Wetlands on Lot
  • Living Room
  • Detached Carport Space

About This Home

As of February 2016

40 Acres located in Cottondale, but is in Washington County. Home on property but the value will be in the land!!! 30 Acres are in flood zone X and only 19% in flood Zone A. Home needs work and will not qualify for typical financing, but could make the perfect opportunity to utilize a home renovation loan!!This property is now under auction terms. Auction dates are January 26- January 30. All auction properties are subject to a 5% buyer's premium with a minimum of $2,000 and subject to a reserve price as well as seller confirmation. (a) to change the date, place, and terms of the sale; (b) to remove the property from the market; and (c) to sell the property prior to the sale

Last Agent to Sell the Property

Stacy Borges

Indian Springs Real Estate License #Sl694202 Listed on: 12/09/2015

Last Buyer's Agent

Cresh Harrison

Bay County - Unknown Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $634

Year Built

  • Built in 1923

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 1392 x 1360
  • Property fronts a county road
  • Dirt Road

Parking

  • Detached Carport Space

Home Design

  • Property Attached
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Vernon Elementary School
  • Vernon Middle School
  • Chipley High School

Utilities

  • No Cooling
  • No Heating
  • Well
  • Septic Tank

Additional Features

  • Wetlands on Lot
  • Pasture

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$634

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1923
  • Property Sub Type: Attached
  • Lot Size Acres: 40.0
  • Lot Size: 1392 x 1360
  • Road Frontage Type: County Road
  • Road Surface Type: Dirt
  • Co List Office Mls Id: C8
  • Co List Office Phone: (850) 526-2478
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Saltbox
  • Carport Y N: Yes
  • Unit Levels: One
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1224.0
  • Dining Room Type: Bedroom, Dining Room, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Wood Siding
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Detached Carport

Utilities

  • Utilities: Electricity Connected, Septic Available, Water Available
  • Cooling: None
  • Heating: None
  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Vernon

Lot Info

  • Lot Features: Pasture, Wetlands
  • Zoning Description: Other - See Remarks

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 634.0
  • Tax Year: 2015

MLS Schools

  • Elementary School: Vernon Elementary
  • High School: Chipley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2015
Closed on
Feb 12, 2016
Sold by
Wells Fargo Financial System Florida Inc
Bought by
Johnson David Paul and Johnson April Denise
Seller's Agent
Stacy Borges
Indian Springs Real Estate
Buyer's Agent
Cresh Harrison
Bay County - Unknown Office
List Price
$49,900
Sold Price
$52,400
Premium/Discount to List
$2,500
5.01%
Current Estimated Value
$134,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,600
Avg. Annual Appreciation
11.01%
Original Mortgage
$49,900
Outstanding Balance
$38,815
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$102,185

Purchase Details

Closed on
Nov 3, 2015
Sold by
Wells Eric Garison and Wells Eric
Bought by
Wells Fargo Financial System Florida Inc
Source: Public Records

Range of Values:

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Average Value
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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
Johnson David Paul $52,400 Reltco Inc
Wells Fargo Financial System Florida Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson David Paul $49,900
Previous Owner Wells Eric Garison $249,595
Previous Owner Wells Eric Garison $137,832
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $52,400 -- --
02/23/2016 02/23/16 Sold $52,400 +5.0% $43 / Sq Ft
12/31/2015 12/31/15 Pending -- -- --
12/09/2015 12/09/15 For Sale $49,900 -- $41 / 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 $159 $11,774 -- --
2023 $161 $11,774 $0 $0
2022 $235 $17,074 $0 $0
2021 $235 $16,657 $8,997 $7,660
2020 $237 $16,657 $8,997 $7,660
2019 $246 $16,657 $8,997 $7,660
2018 $485 $31,694 $8,997 $22,697
2017 $500 $31,373 $8,892 $22,481
2016 $1,263 $77,809 $0 $0
2015 $634 $38,246 $8,437 $29,809
2014 -- $37,676 $7,867 $29,809
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 642229

Central Panhandle Association of REALTORS®

APN: 00000000-00-0198-0000