NOT LISTED FOR SALE

1159 Russell Way St. George Island, FL 32328

Estimated Value: $361,000 - $600,000

0.83 Acre
$544,759 Price per Acre
36,155 Sq Ft Lot

Last Sold August 20, 2021

Last sale price $339,000

Est. 33% increase in value since last sale

Current estimated payment $2,647/month

103 Days on Market

Highlights

  • Boat Dock
  • Fishing
  • 0.83 Acre Lot
  • Property Fronts a Bay or Harbor
  • Gated Community
  • Pine Trees

About This Lot

As of August 2021

Beautiful bayfront lot located on the East End of St George Island within the gated Cara Bay Estates community. 100+ feet of white sandy waterfront - a great spot for splashing in the water, fishing, chasing crabs, sunbathing, and relaxing at the end of the day to to enjoy those awesome unobstructed sunset views over Apalachicola Bay. There is a community dock with sling for day use and fishing but owners can build their own private dock. Come build your dream house and get started enjoying the laid back lifestyle of St George Island. It paradise!

Last Agent to Sell the Property

David Bush

Fickling & Company License #3149199 Listed on: 04/16/2021

Last Buyer's Agent

Nonmember Nonmember

Nonmember Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,916

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 101' x 357'
  • Property Fronts a Bay or Harbor
  • Palmetto Ground Covering
  • Natural State Vegetation
  • Pine Trees
  • Zoning described as County

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 2909S06W731700000352

Community Details

Overview

  • Association fees include management, reserve fund, ground maintenance
  • Cara Bay Subdivision
  • The community has rules related to covenants

Recreation

  • Boat Dock
  • Fishing

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,916

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Directions: From center of St George Island travel East on Gulf Beach Dr. Look for Cara Bay subdivision on left once passed 11th St. Enter gate and at the T turn left. Lot next to last on left. Look for sign.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.83
  • Lot Size: 101' x 357'
  • Road Surface Type: Paved
  • Subdivision Name: Cara Bay
  • Special Features: None

Exterior Features

  • Lot Features: Covenants/Restrictions, Boating Access, Flood Insurance Required, Survey Available
  • Fencing: None
  • View: Bay, Water
  • View: Yes
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Disclosures: CC&R, County Zoning

Utilities

  • Sewer: Aerobic Needed
  • Utilities: Tap Fee Due, Cable Available, Electricity Available
  • Security: Security Gate

Condo/Co-op/Association

  • Association Fee: 400
  • Community Features: Boat Dock Community, Dock, Fishing, Gated
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Management, Reserve Fund, Maintenance Grounds

Lot Info

  • Zoning: R-1
  • Lot Size Sq Ft: 36154.8
  • Additional Parcels: No
  • Parcel #: 2909S06W731700000352
  • Zoning Description: County
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Aug 18, 2021
Sold by
Petrow Chester B
Bought by
J D Prop & Investments Of Lee Cnty Inc
Seller's Agent
David Bush
Fickling & Company
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$339,000
Sold Price
$339,000
Current Estimated Value
$452,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,150
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
Apr 25, 2007
Sold by
Fischera Lawrence and Fischera Susan D
Bought by
Petrow Chester B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2000
Sold by
First National Bank
Bought by
Fischera Lawrence D and Fischera Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,200
Interest Rate
8.17%
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
J D Prop & Investments Of Lee Cnty Inc $339,000 Attorney
Petrow Chester B $650,000 Seaside Title Services Inc
Fischera Lawrence D $103,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petrow Chester B $450,000
Previous Owner Fischera Lawrence D $93,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold $339,000 0.0% --
07/29/2021 07/29/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $339,000 -- --
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 $2,916 $320,000 $320,000 --
2023 $2,882 $320,000 $320,000 $0
2021 $2,121 $200,000 $200,000 $0
2020 $2,177 $200,000 $200,000 $0
2019 $2,135 $200,000 $200,000 $0
2018 $2,170 $200,000 $0 $0
2017 $1,718 $140,000 $0 $0
2016 $1,703 $140,000 $0 $0
2015 $1,711 $140,000 $0 $0
2014 $1,728 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 307554

Forgotten Coast REALTOR® Association

APN: 29-09S-06W-7317-0000-0352