NOT LISTED FOR SALE

103 16th St Mexico Beach, FL 32456

Estimated Value: $610,761 - $753,000

5 Beds
3 Baths
2,312 Sq Ft
$291/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $272,000 $118 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $3,930/month

121 Days on Market

Highlights

  • Gulf View
  • Deck
  • Beach House
  • Waterfront
  • Newly Painted Property
  • 4-minute walk to Mexico Beach Sunset Park

About This Home

As of January 2018

Just a few steps to the beach this Florida cottage has 2 units, a 3 bed/2 bath unit and a 2 bed/1 bath unit. Roof replaced in 2016, exterior painting 2016, interior painting 2016-2017, new laminate flooring in some areas. The 3 bedroom unit has an HVAC for each floor. The 2nd story is a master suite with a peek a boo view of the gulf! The backyard consists of a courtyard area + utility shed with shared washer/dryer. Lots of potential!

Last Agent to Sell the Property

Mary Blackburn

Sundance Realty License #3018180 Listed on: 07/29/2017

Last Buyer's Agent

Regina Gossett

98 Real Estate Group, LLC License #3032460

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,527

Year Built

  • Built in 1969

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 75 x 100
  • Waterfront
  • Street terminates at a dead end
  • Back Yard Fenced
  • Chain Link Fence

Home Design

  • Beach House
  • Newly Painted Property
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,312 Sq Ft Home
  • Living Room
  • Gulf Views

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Driveway
  • Open Parking

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System

Additional Features

  • Deck
  • Flood Insurance May Be Required

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04362000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,527

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Directions: Hwy 98 to 16th
  • Prop. Type: Residential
  • Property Sub Type: Dup/Tri/Quad (Multi-Unit)
  • Lot Size Acres: 0.1722
  • Lot Size: 75 x 100
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Beach House
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Year Built: 1969
  • NAV22_Room4Name: Additional Bedroom
  • NAV22_ResortRentalYN: No
  • NAV22_Room8Name: Additional Bedroom
  • NAV22_Room3Name: Living Room
  • NAV22_Room7Name: Additional Bedroom
  • NAV22_Room2Name: Master Bedroom
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room6Name: Master Bath
  • NAV22_Room1Name: Kitchen
  • NAV22_Room5Name: Additional Bedroom
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Refrigerator, Electric Oven, See Remarks
  • Interior Amenities: Newly Painted
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Tile, Simulated Wood, Vinyl, Wall to Wall
  • Living Area: 2312

Exterior Features

  • Lot Features: Dead End, Flood Insurance Required, Within 1/2 Mile of Water
  • Roof: Composition
  • Fencing: Back Yard, Chain Link
  • Pool Features: None
  • Pool Private: No
  • View: Gulf, Water
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: No
  • Construction Type: Concrete
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4

Utilities

  • Cooling: Multi Units, Central Electric
  • Heating: Central Electric, Two or More
  • Sewer: Public Sewer
  • Utilities: City Trash
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7500
  • Additional Parcels: No
  • Parcel #: 04362000000
  • Zoning Description: City
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2023
Sold by
Powell Marvin L and Powell Glenn M
Bought by
Mar-Glen Ventures Llc
Current Estimated Value
$672,690

Purchase Details

Listed on
Jul 29, 2017
Closed on
Jan 19, 2018
Sold by
West Perry Milo
Bought by
Powell Marvin L and Powell Glenn M
Seller's Agent
Mary Blackburn
Sundance Realty
Buyer's Agent
Regina Gossett
98 Real Estate Group, LLC
List Price
$289,000
Sold Price
$272,000
Premium/Discount to List
-$17,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%
Original Mortgage
$204,000
Interest Rate
3.93%
Mortgage Type
New Conventional
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
Mar-Glen Ventures Llc $100 --
Powell Marvin L $272,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powell Marvin L $204,000
Previous Owner West Perry M $10,000
Previous Owner West Perry Milo $115,000
Previous Owner West Perry Milo $100,000
Previous Owner West Perry Milo $102,500
Previous Owner West Perry M $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2018 01/19/18 Sold $272,000 -5.9% $118 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
07/29/2017 07/29/17 For Sale $289,000 -- $125 / Sq Ft
Source: Forgotten Coast REALTOR® Association

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 $3,527 $444,304 $213,129 $231,175
2023 $3,527 $139,672 $205,479 $140,702
2022 $2,835 $126,865 $0 $0
2021 $2,454 $140,143 $86,062 $54,081
2020 $2,499 $138,040 $82,237 $55,803
2019 $2,238 $120,192 $62,939 $57,253
2018 $1,895 $113,890 $0 $0
2017 $1,173 $112,001 $0 $0
2016 $1,166 $110,660 $0 $0
2015 $1,252 $114,542 $0 $0
2014 $1,325 $118,589 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 259881

Forgotten Coast REALTOR® Association

APN: 04362-000-000