NOT LISTED FOR SALE

104 S 40th St Mexico Beach, FL 32456

Estimated Value: $618,000 - $651,000

2 Beds
2.5 Baths
1,512 Sq Ft
$418/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $280,000 $185 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,887/month

20 Days on Market

Highlights

  • Gulf View
  • Engineered Wood Flooring
  • No HOA
  • Newly Painted Property
  • Bonus Room
  • Balcony

About This Home

As of June 2019

GREAT LOCATION WITH A WATER VIEW!! THIS TREASURE PALMS TOWNHOUSE IS ON THE SOUTH SIDE OF 98 AND IS BEING COMPLETELY RENOVATED. After Hurricane Michael this townhome was gutted to the studs, cleaned and is currently in the final stages of renovations. Upon entering you will feel the modern vibe this home exudes. The first floor features an open floor plan, the spacious living and dining room and kitchen ensures no one will miss a memory. Laundry room with pantry is located right off the kitchen. There is a downstairs half bath located near the rear entrance of the home. Second floor features a linen closet, guest bedroom and full bath, great bonus room or office as well as a master bedroom and bath. The master bedroom has a balcony that offers a great view of the Gulf of Mexico, a great place to begin or end your day. New appliances!

Last Agent to Sell the Property

Julie Gardner

Rish Real Estate Group License #3402034 Listed on: 04/19/2019

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,337

Year Built

  • Built in 2002 | Under Construction

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25 x 100

Home Design

  • Newly Painted Property
  • Slab Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,512 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Bonus Room
  • Engineered Wood Flooring
  • Gulf Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • Flood Insurance May Be Required

Community Details

  • No Home Owners Association
  • Treasure Palms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04120001000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,337

Year Built

Built in 2002 | Under Construction

Lot Details

0

Listing Details

  • Directions: TURN OFF HWY 98 WEST IN MEXICO BEACH ONTO 40TH ST S. LOOK FOR SIGN ON THE RIGHT 104 A
  • Prop. Type: Residential
  • Building Stories: 2
  • Property Sub Type: Townhouse,ASF (Attached Single Family)
  • Lot Size Acres: 0.0574
  • Lot Size: 25 x 100
  • Road Frontage Type: City Street
  • Subdivision Name: Treasure Palms
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Year Built: 2002
  • NAV22_ResortRentalYN: No
  • NAV22_Room3Name: Master Bedroom
  • NAV22_Room7Name: Bonus Room
  • NAV22_Room13Name: Dining/Living Combo
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room1Name: Balcony
  • NAV22_Room15Name: Kitchen
  • NAV22_Room5Name: Master Bath
  • NAV22_Room11Name: Full Bath
  • NAV22_Room9Name: Additional Bedroom
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: See Remarks
  • Furnished: Unfurnished
  • Interior Amenities: Newly Painted, Renovated
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Simulated Wood
  • Living Area: 1512

Exterior Features

  • Lot Features: Within 1/2 Mile of Water, Flood Insurance Required
  • Roof: Metal
  • Pool Features: None
  • Pool Private: No
  • View: Water, Gulf
  • View: Yes
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Electric, Ceiling Fan(s)
  • Heating: Central Electric
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Water Available, Phone Available, Internet Available, Electricity Available, City Trash
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 2500
  • Additional Parcels: No
  • Parcel #: 04120001000
  • Zoning Description: Residential Multi-Family
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2021
Sold by
Earnest Joyce Parker
Bought by
Japm Llc
Current Estimated Value
$631,732

Purchase Details

Listed on
Apr 19, 2019
Closed on
Jun 4, 2019
Sold by
Design Resolution Llc
Bought by
Earnest Joyce Parker
Seller's Agent
Julie Gardner
Rish Real Estate Group
List Price
$295,000
Sold Price
$280,000
Premium/Discount to List
-$15,000
-5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.34%
Original Mortgage
$252,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2018
Sold by
Orsua Benjamin
Bought by
Design Resolution Llc

Purchase Details

Closed on
Dec 10, 2018
Sold by
Brand Marcia Carolyn and Brand Angela Gail
Bought by
Orsua Benjamin

Purchase Details

Closed on
Aug 25, 2005
Sold by
Killinger James A and Killinger Dorothy A
Bought by
Brand Martha Carolyn and Rape Cathy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,642
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 3, 2004
Sold by
Beaty James W and Beaty Alice A
Bought by
Killinger James A and Killinger Dorothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,710
Interest Rate
4.27%
Mortgage Type
Unknown
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
Japm Llc -- Attorney
Earnest Joyce Parker $280,000 Attorney
Design Resolution Llc $40,000 Attorney
Orsua Benjamin $80,000 Attorney
Brand Martha Carolyn $400,000 --
Killinger James A $290,000 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Earnest Joyce Parker $252,000
Previous Owner Brand Martha Carolyn $152,642
Previous Owner Killinger James A $260,710
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $280,000 -5.1% $185 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $295,000 -- $195 / 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 $5,337 $307,141 -- --
2023 $5,337 $279,219 $162,500 $217,117
2022 $4,231 $253,835 $119,125 $134,710
2021 $3,824 $218,346 $87,500 $130,846
2020 $4,373 $234,664 $102,500 $132,164
2019 $2,740 $147,156 $101,725 $45,431
2018 $3,670 $203,264 $0 $0
2017 $3,116 $184,785 $0 $0
2016 $2,779 $167,986 $0 $0
2015 $2,778 $166,104 $0 $0
2014 $2,745 $163,322 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 301432

Forgotten Coast REALTOR® Association

APN: 04120-001-000