NOT LISTED FOR SALE

Estimated Value: $1,156,490 - $1,554,000

5 Beds
3.5 Baths
2,500 Sq Ft
$548/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $547,000 $219 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $8,052/month

109 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Resort Property
  • Furnished
  • In Ground Pool
  • Gulf View
  • 4-minute walk to Cape Palms Park

About This Home

As of May 2016

Brand new home completed in March of 2016! 5 bedrooms with 3 full baths. Pool and lanai area on ground floor. Must see to appreciate. Home is located in the highly desired X flood zone. Home is fully furnished. Owner will take a few personal items at sale. House is already booked for 12 weeks of rentals in 2016. 40K in gross rentals already booked for 2016.

Last Agent to Sell the Property

Steve Newman

98 Real Estate Group, LLC License #537193 Listed on: 01/04/2016

Last Buyer's Agent

Zach Childs

98 Real Estate Group, LLC License #3153944

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,418

Year Built

  • Built in 2016 | Under Construction

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 95 x 115
  • Property fronts a private road

Home Design

  • Piling Construction

Interior Spaces

  • 2,500 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Living Room
  • Dining Area
  • Gulf Views

Kitchen

  • Range Hood
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 4 Parking Spaces
  • Carport

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights

Utilities

  • Multiple cooling system units
  • Central Air
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Resort Property
  • Built by Big Fish Constructio

Listing and Financial Details

  • Assessor Parcel Number 06267265R

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,418

Year Built

Built in 2016 | Under Construction

Lot Details

0

Listing Details

  • Directions: From Cape San Blas Road, turn left onto Tampico Drive, about 1/2 mile past Trading Post. House will be on right hand side of road.
  • Prop. Type: Residential
  • Building Stories: 3
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.2508
  • Lot Size: 95 x 115
  • Road Frontage Type: Private Road
  • Subdivision Name: No Named Subdivision
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: 2
  • Property Attached Yn: No
  • Year Built: 2016
  • NAV22_Room4Name: Master Bedroom
  • NAV22_ResortRentalYN: Yes
  • NAV22_Room8Name: Additional Bedroom
  • NAV22_Room3Name: Living Room
  • NAV22_Room7Name: Additional Bedroom
  • NAV22_Room2Name: Dining Area
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room6Name: Additional Bedroom
  • NAV22_Room1Name: Kitchen
  • NAV22_Room5Name: Master Bath
  • NAV22_Room9Name: Additional Bedroom
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Range Hood, Refrigerator
  • Furnished: Furnished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 2500
  • Master Bathroom Features: Tile Counters

Exterior Features

  • Lot Features: Aerials/Topo Available, Deeded Water Access, Within 1/2 Mile of Water
  • Pool Features: In Ground, None
  • Pool Private: No
  • View: Gulf, Water
  • View: Yes
  • Waterfront: No
  • Builder Name: Big Fish Constructio
  • Foundation Details: Pilings
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • Total Parking Spaces: 4

Utilities

  • Cooling: Multi Units, Central Electric, Other
  • Sewer: Community Sewer
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Community Features: Deeded Access
  • Association: No

Lot Info

  • Lot Size Sq Ft: 10925
  • Additional Parcels: No
  • Parcel #: 06267265R
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2016
Closed on
May 27, 2016
Sold by
Johnson Larry C
Bought by
Busler Janet E and Busler Dean W
Seller's Agent
Steve Newman
98 Real Estate Group, LLC
Buyer's Agent
Zach Childs
98 Real Estate Group, LLC
List Price
$586,000
Sold Price
$547,000
Premium/Discount to List
-$39,000
-6.66%
Current Estimated Value
$1,370,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$823,623
Avg. Annual Appreciation
10.50%
Original Mortgage
$410,250
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2015
Sold by
Murphy Gayle C and Murphy John V
Bought by
Johnson Larry C

Purchase Details

Closed on
Aug 12, 2014
Sold by
Murpheo Developers Incorporated
Bought by
Murphy Gayle C and Murphy John
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
Busler Janet E $547,000 Attorney
Johnson Larry C $75,000 Attorney
Murphy Gayle C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busler Janet E $410,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $547,000 -6.7% $219 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
01/06/2016 01/06/16 For Sale $586,000 -- $234 / 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 $9,418 $866,628 $250,000 $616,628
2023 $9,289 $632,223 $0 $0
2022 $8,548 $711,037 $165,000 $546,037
2021 $7,442 $522,487 $165,000 $357,487
2020 $7,760 $528,877 $165,000 $363,877
2019 $7,674 $513,689 $165,000 $348,689
2018 $8,315 $544,749 $0 $0
2017 $8,369 $543,341 $0 $0
2016 $1,041 $65,000 $0 $0
2015 $914 $60,000 $0 $0
2014 $862 $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 255606

Forgotten Coast REALTOR® Association

APN: 06267-265R