NOT LISTED FOR SALE

1065 E Gorrie Dr Saint George Island, FL 32328

Estimated Value: $1,706,189 - $2,164,000

5 Beds
4.5 Baths
3,262 Sq Ft
$585/Sq Ft Est. Value

Last Sold August 15, 2018

Last sale price $890,155 $273 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $11,035/month

9 Days on Market

Highlights

  • In Ground Pool
  • Gulf View
  • Beach House
  • Resort Property
  • Soaking Tub and Separate Shower in Primary Bathroom
  • High Ceiling

About This Home

As of August 2018

Gorgeous 1st Tier home on St. George Island. With direct access to the beach, private pool, elevator, and plenty of space this house makes for a strong rental with proven income. Four of the five bedrooms are located on the first floor two with ensuite bath, and 2 share a jack-n-jill bath all with private access to the balcony over looking the beach. Grand Master bedroom and bath located on the top floor, kitchen, living, and dinning all offering breath taking views of The Gulf!

Last Agent to Sell the Property

Jeff Galloway

Jeff Galloway Real Estate License #689322 Listed on: 06/24/2018

Last Buyer's Agent

John Shelby

St George Island Realty, LLC License #595124

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,203

Year Built

  • Built in 2005

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150
  • Coastal Setback
  • Landscaped

Home Design

  • Beach House
  • Metal Roof
  • Piling Construction
  • HardiePlank Type

Interior Spaces

  • 3,262 Sq Ft Home
  • Elevator
  • Furnished
  • Tray Ceiling
  • High Ceiling
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • Gulf Views

Kitchen

  • Electric Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 6 Parking Spaces
  • Carport

Outdoor Features

  • In Ground Pool
  • Covered Deck
  • Front Porch

Location

  • Flood Insurance May Be Required

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Aerobic Septic System

Community Details

  • No Home Owners Association
  • Resort Property
  • Built by Cothran
  • Why Knot Community

Listing and Financial Details

  • Tax Lot 14-J-2
  • Assessor Parcel Number 2909S06W7312000J0140

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,203

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Directions: Traveling East down Gorrie Drive, house is located between 10th and 11th Street
  • Prop. Type: Residential
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.3444
  • Lot Size: 100 x 150
  • Road Frontage Type: County Road
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Beach House
  • Building Name: Why Knot
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built: 2005
  • NAV22_Room4Name: Additional Bedroom
  • NAV22_ResortRentalYN: Yes
  • NAV22_Room8Name: Master Bedroom
  • NAV22_Room3Name: Additional Bedroom
  • NAV22_Room7Name: Kitchen
  • NAV22_Room2Name: Full Bath
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room6Name: Dining/Living Combo
  • NAV22_Room1Name: Additional Bedroom
  • NAV22_Room5Name: Full Bath
  • NAV22_Room9Name: Master Bath
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator w/Ice Maker, Electric Oven
  • Furnished: Furnished
  • Interior Amenities: Ceiling Raised, Ceiling Treyed/Coffered, Elevator, Pantry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Tile
  • Living Area: 3262
  • Window Features: Window Treatments
  • Master Bedroom Features: Blinds
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Shower, Walk-In Closet(s)

Exterior Features

  • Lot Features: Landscaped, Coastal Setback, Flood Insurance Required, Within 1/2 Mile of Water
  • Roof: Metal
  • Pool Features: In Ground, None
  • Pool Private: No
  • View: Water, Gulf, 1st Tier Gulf
  • View: Yes
  • Waterfront: No
  • Builder Name: Cothran
  • Construction Type: HardiPlank Type
  • Foundation Details: Pilings
  • Patio And Porch Features: Covered Deck, Front Porch
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Covered
  • Total Parking Spaces: 6

Utilities

  • Cooling: Multi Units, Central Electric, Other
  • Heating: Central Electric
  • Sewer: Aerobic Septic
  • Utilities: Electricity Connected
  • Security: Fire Alarm/Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 15000
  • Additional Parcels: No
  • Parcel #: 2909S06W7312000J0140
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 8203
  • Tax Lot: 14-J-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2018
Closed on
Aug 15, 2018
Sold by
Collins D Conner
Bought by
Sairam Rentals Llc
Seller's Agent
Jeff Galloway
Jeff Galloway Real Estate
Buyer's Agent
John Shelby
St George Island Realty, LLC
List Price
$999,000
Sold Price
$890,155
Premium/Discount to List
-$108,845
-10.9%
Current Estimated Value
$1,929,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,039,325
Avg. Annual Appreciation
10.80%
Original Mortgage
$412,690
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 25, 2014
Closed on
Sep 5, 2014
Sold by
Cox Randy J and Cox Darlene P
Bought by
Collins D Conner
Buyer's Agent
Jeff Galloway
Jeff Galloway Real Estate
List Price
$850,000
Sold Price
$795,000
Premium/Discount to List
-$55,000
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.93%

Purchase Details

Closed on
Apr 23, 2009
Sold by
Albany Bank & Trust
Bought by
Cox Randy J and Cox Darlene P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2009
Sold by
Galloway Jeffrey S and Galloway Shelly
Bought by
Albany Bank Trust

Purchase Details

Closed on
Jan 31, 2006
Sold by
Cothran Clint
Bought by
Galloway Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,615,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 26, 2005
Sold by
Galloway Jeffrey S
Bought by
Clint Cothran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,634,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2005
Sold by
Galloway Jeffrey S
Bought by
Clint Cothran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,634,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2003
Sold by
Noel Leroy G and Noel Mary S
Bought by
Bell John R and Mann Ronald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Interest Rate
5.95%
Mortgage Type
New Conventional
Source: Public Records
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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
Sairam Rentals Llc $890,200 Attorney
Collins D Conner $795,000 Attorney
Cox Randy J $764,500 Seaside Title Services Inc
Albany Bank Trust -- None Available
Galloway Jeffrey S $1,900,000 Seaside Title Services Inc
Clint Cothran $960,000 Seaside Title Services Inc
Clint Cothran $960,000 Seaside Title Services Inc
Cothran Clirt $960,000 Seaside Title Services Inc
Bell John R $499,000 Dodd Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sairam Rentals Llc $412,690
Previous Owner Cox Randy J $625,000
Previous Owner Galloway Jeffrey S $1,615,000
Previous Owner Clint Cothran $1,634,000
Previous Owner Cothran Clirt $1,634,000
Previous Owner Bell John R $499,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2018 08/15/18 Sold $890,155 -10.9% $273 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $999,000 +25.7% $306 / Sq Ft
09/15/2014 09/15/14 Sold $795,000 -6.5% $244 / Sq Ft View Prior Sale
07/15/2014 07/15/14 Pending -- -- --
06/25/2014 06/25/14 For Sale $850,000 -- $261 / 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
2025 $12,551 $1,442,910 $480,000 $962,910
2024 $12,517 $1,550,296 $480,000 $1,070,296
2023 $12,183 $1,492,372 $480,000 $1,012,372
2021 $9,211 $863,773 $280,000 $583,773
2020 $9,342 $823,217 $270,000 $553,217
2019 $9,206 $789,536 $230,000 $559,536
2018 $9,122 $736,961 $0 $0
2017 $8,981 $731,961 $0 $0
2016 $8,546 $742,423 $0 $0
2015 $8,002 $707,423 $0 $0
2014 $6,783 $544,838 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 262439

Forgotten Coast REALTOR® Association

APN: 29-09S-06W-7312-000J-0140