NOT LISTED FOR SALE

1155 Russell Way St. George Island, FL 32328

Estimated Value: $1,391,711 - $1,982,000

1.03 Acres
$1,605,293 Price per Acre
45,002 Sq Ft Lot

Last Sold January 09, 2020

Last sale price $255,000

Est. 550% increase in value since last sale

Current estimated payment $8,911/month

167 Days on Market

Highlights

  • Boat Dock
  • 1.03 Acre Lot
  • Security Gate
  • Property Fronts a Bay or Harbor
  • Pine Trees
  • Controlled Access

About This Lot

As of January 2020

Fantastic Bayfront lot on St. George Island's East End! Two miles east of the lighthouse, this is a home run for fishermen and sunset lovers. Located in Cara Bay Estates, you'll appreciate the privacy of gated access. One acre lot is a nice, dry building site with no wetlands. White sandy bay beach is ideal for launching kayaks, exploring marine biology or soaking up some rays on your private beach. Dock is in place, needs some minor repairs and has good water depth! Easy beach access just a few hundred feet from the community driveway. Lovely spot to build your peaceful, private, Bayfront haven!

Last Agent to Sell the Property

Shelley Shepard

Berkshire Hathaway HomeServices - SGI License #3058243 Listed on: 07/03/2019

Berkshire Hathaway HomeServices - SGI

Last Buyer's Agent

TAMI MCDOWELL

Jeff Galloway Real Estate License #3192466

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,227

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 100 x 450
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • Cleared Lot
  • Pine Trees

HOA Fees

  • $33 Monthly HOA Fees

Additional Features

  • Bay Views
  • Flood Insurance May Be Required
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2909S06W731700000351

Community Details

Overview

  • Association fees include ground maintenance, management
  • Cara Bay Subdivision

Recreation

  • Boat Dock

Security

  • Controlled Access

Property Details

Property Type

Land

Est. Annual Taxes

$2,227

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Directions: At lighthouse turn left on West Gulf Beach Drive, 2 miles turn left into Cara Bay. Gated entry.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 1.0331
  • Lot Size: 100 x 450
  • Road Surface Type: Paved
  • Subdivision Name: Cara Bay
  • Special Features: None

Exterior Features

  • Lot Features: Dead End, Cleared, Flood Insurance Required, Boating Access
  • View: Bay, Water
  • View: Yes
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Disclosures: CC&R

Utilities

  • Sewer: Aerobic Needed
  • Utilities: Water Available, Cable Available, Electricity Available
  • Security: Security Gate

Condo/Co-op/Association

  • Association Fee: 400
  • Community Features: Boat Dock Community
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Management

Lot Info

  • Zoning: R-1
  • Lot Size Sq Ft: 45000
  • Additional Parcels: No
  • Parcel #: 2909S06W731700000351
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2227

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2021
Sold by
Cle Properties Llc
Bought by
Melvin Darin and Melvin Lyndsey D
Current Estimated Value
$1,658,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$876,800
Outstanding Balance
$811,981
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$846,447

Purchase Details

Listed on
Jul 3, 2019
Closed on
Dec 21, 2019
Sold by
St George Cara Bay Llc
Bought by
Cle Properties Llc
Seller's Agent
Shelley Shepard
Berkshire Hathaway HomeServices - SGI
Buyer's Agent
TAMI MCDOWELL
Jeff Galloway Real Estate
List Price
$295,000
Sold Price
$255,000
Premium/Discount to List
-$40,000
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.10%
Original Mortgage
$159,635
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 13, 2010
Sold by
Vester E William and Vester Lori A
Bought by
St George Cara Bay Llc

Purchase Details

Closed on
Feb 11, 2002
Sold by
Gary Bennett and Gary Brenda
Bought by
William Vester E and William Lori K

Purchase Details

Closed on
Jun 1, 2001
Sold by
Bachman Matthew W
Bought by
Garry Bennett and Garry Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2000
Sold by
Jacob William M
Bought by
Bachman Matthew W
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
Melvin Darin -- Attorney
Cle Properties Llc $255,000 Attorney
St George Cara Bay Llc -- None Available
William Vester E $330,000 First American Title Company
Garry Bennett $265,000 Security First Title Ptnr St
Bachman Matthew W $151,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melvin Darin $876,800
Previous Owner Cle Properties Llc $159,635
Previous Owner Garry Bennett $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2020 01/09/20 Sold $255,000 -13.6% --
12/18/2019 12/18/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $295,000 -- --
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 $2,168 $1,373,214 $320,000 $1,053,214
2023 $2,168 $324,500 $320,000 $4,500
2022 $2,556 $254,500 $250,000 $4,500
2021 $2,168 $204,500 $200,000 $4,500
2020 $2,307 $204,500 $200,000 $4,500
2019 $2,192 $204,500 $200,000 $4,500
2018 $2,228 $204,500 $0 $0
2017 $1,773 $144,500 $0 $0
2016 $1,757 $144,500 $0 $0
2015 $1,855 $144,500 $0 $0
2014 $1,874 $144,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shelley Shepard

    Seller's Agent in 2020

    Shelley Shepard

    Berkshire Hathaway HomeServices - SGI

    (850) 653-6621

    145 in this area

    236 Total Sales

    Shelley Shepard
    Section Image

  • T

    Buyer's Agent in 2020

    TAMI MCDOWELL

    Jeff Galloway Real Estate

    (786) 865-6858

    11 in this area

    29 Total Sales

    TAMI MCDOWELL
    Section Image
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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 302120

Forgotten Coast REALTOR® Association

APN: 29-09S-06W-7317-0000-0351

Florida Franklin County Saint George Island 32328

1155 Russell Way, Saint George Island, FL

This home is located at 1155 Russell Way, St. George Island, FL 32328 since 03 July 2019 and is currently estimated at $1,658,428. 1155 Russell Way is a home located in Franklin County with nearby schools including Franklin County School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Forgotten Coast REALTOR® Association Property information provided by the FCRA MLS – a service of the Forgotten Coast REALTOR® Association.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.

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