NOT LISTED FOR SALE

Estimated Value: $478,000 - $696,836

0.21 Acre
$2,849,805 Price per Acre
9,148 Sq Ft Lot

Last Sold December 14, 2020

Last sale price $15,250

Est. 3,663% increase in value since last sale

Current estimated payment $3,592/month

162 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Wooded Lot
  • Property is near a golf course

About This Lot

As of December 2020

This single family homesite lot is located in beautiful St. James Bay Golf and Residential Community. Amenities include bayside facility, community storage facility, access to the workout facility, tennis courts, pool and discounts in the restaurant and Pro Shop.

Last Agent to Sell the Property

Carol Barber

Coastal Realty Group-Carrabelle License #3027448 Listed on: 04/20/2020

Last Buyer's Agent

TAMI MCDOWELL

Jeff Galloway Real Estate License #3192466

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,914

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 87 x 119 x 71 x 120
  • Property fronts an easement
  • Rural Setting
  • Wooded Lot
  • Zoning described as Residential Single Family,County

HOA Fees

  • $40 Monthly HOA Fees

Location

  • Property is near a golf course

Listing and Financial Details

  • Assessor Parcel Number 0507S03W1000000I0070

Community Details

Overview

  • St James Bay Subdivision
  • The community has rules related to covenants

Recreation

  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$4,914

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Directions: 7 Miles east of Carrabelle, turn North off Highway 98 into St. James Bay Golf and Residential Community. Proceed 1/2 mile turn right onto Laughing Gull Lane, lot on the left.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.21
  • Lot Size: 87 x 119 x 71 x 120
  • Road Frontage Type: Easements
  • Road Surface Type: Paved
  • Subdivision Name: St James Bay
  • Special Features: None

Exterior Features

  • Lot Features: Covenants/Restrictions, Sidewalks, Within 1/2 Mile of Water, Curb and Gutters, Restrictions, Wooded, Rural Lot, Deeded Water Access, Near Golf Course
  • Waterfront: No
  • Disclosures: CC&R, Recorded Plot, County Zoning, Deed Restrictions

Utilities

  • Utilities: Tap Fee Due, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 120
  • Association Fee Frequency: Quarterly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Additional Parcels: No
  • Parcel #: 0507S03W1000000I0070
  • Zoning Description: Residential Single Family,County
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2020
Closed on
Dec 14, 2020
Sold by
Gherardi Martha M
Bought by
Murnane John and Murnane Linda
Seller's Agent
Carol Barber
Coastal Realty Group-Carrabelle
Buyer's Agent
TAMI MCDOWELL
Jeff Galloway Real Estate
List Price
$18,000
Sold Price
$15,250
Premium/Discount to List
-$2,750
-15.28%
Current Estimated Value
$573,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$558,658
Avg. Annual Appreciation
122.48%

Purchase Details

Closed on
Dec 13, 2016
Sold by
Franklin County
Bought by
Martha M Gherardi Rev Trust

Purchase Details

Closed on
Dec 1, 2016
Bought by
Gherardi Martha M

Purchase Details

Closed on
Oct 27, 2004
Sold by
Southern Land Partners Llp
Bought by
Sanford Bryan L and Sanford Forshund M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2004
Sold by
Southern Land Partners Llp
Bought by
Sanford Bryan L and Sanford Forshund M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2003
Sold by
Carabelle Properties Ltd
Bought by
Southern Land Partners Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,100
Interest Rate
5.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Murnane John $15,250 Dodd Title Company Inc
Martha M Gherardi Rev Trust $8,224 None Available
Gherardi Martha M $8,300 --
Sanford Bryan L $160,000 --
Sanford Bryan L $160,000 --
Southern Land Partners Llp $54,500 Dodd Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murnane John $400,000
Previous Owner Sanford Bryan L $144,000
Previous Owner Sanford Bryan L $144,000
Previous Owner Southern Land Partners Llp $49,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2020 12/14/20 Sold $15,250 -15.3% --
10/07/2020 10/07/20 Pending -- -- --
04/27/2020 04/27/20 For Sale $18,000 -- --
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 $4,914 $558,207 -- --
2023 $4,951 $541,949 $51,000 $490,949
2021 $158 $14,000 $14,000 $0
2020 $116 $10,500 $10,500 $0
2019 $112 $10,000 $10,000 $0
2018 $96 $7,000 $0 $0
2017 $138 $10,500 $0 $0
2016 $134 $12,000 $0 $0
2015 $130 $12,000 $0 $0
2014 $98 $7,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 304500

Forgotten Coast REALTOR® Association

APN: 05-07S-03W-1000-000I-0070