NOT LISTED FOR SALE

116 S 40th St Mexico Beach, FL 32456

Estimated Value: $278,000 - $378,000

2 Beds
1 Bath
808 Sq Ft
$405/Sq Ft Est. Value

Last Sold July 13, 2018

Last sale price $226,000 $280 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,040/month

10 Days on Market

Highlights

  • Gulf View
  • No HOA
  • Interior Lot
  • Furnished
  • Porch
  • Screened Patio

About This Home

As of July 2018

Gulf view!!! Only 112 steps away from beautiful white sandy beaches and only a minute drive from the pier. This cute beach home is perfect for your summer getaway. Cozy living area, kitchen/dining combo, 2 spacious bedrooms, and a full bath all decorated perfectly to fit that beach vibe. There is an outdoor shower on the side of the house as well as a side door leading straight into the bathroom so you'll never have to track sand through the home. The front porch is screened and is a perfect place to spend time with family. Would make a wonderful home, vacation home, or vacation rental.

Last Agent to Sell the Property

Connie Overstreet

Overstreet Realty License #0650697 Listed on: 04/10/2018

Co-Listed By

MaryAnn Enfinger

Overstreet Realty License #BK3037033

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,287

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 75x100
  • Interior Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 808 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room
  • Dining Room
  • Gulf Views

Kitchen

  • Electric Range
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Shower
  • Screened Patio
  • Porch

Schools

  • Tyndall Elementary School
  • Rutherford Middle School
  • Rutherford High School

Utilities

  • Central Air
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Block 7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,287

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Property Sub Type: Attached
  • Lot Size: 75x100
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: BOVR
  • Co List Office Phone: (850) 814-8482
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Duplex
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator, Range Hood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 808.0
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Living Room
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • View: Gulf
  • View: Yes
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Exterior Features: Outdoor Shower, Porch
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Rutherford Middle

Lot Info

  • Lot Features: Interior Lot

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 3287.0
  • Tax Block: 7
  • Tax Year: 2017

MLS Schools

  • Elementary School: Tyndall
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2018
Closed on
Jul 11, 2018
Sold by
Parkar Marion Drew and Parke Peggy
Bought by
Flowers David E and Flowers Deborah H
Seller's Agent
Connie Overstreet
Overstreet Realty
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$239,900
Sold Price
$226,000
Premium/Discount to List
-$13,900
-5.79%
Current Estimated Value
$332,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,315
Avg. Annual Appreciation
5.55%
Original Mortgage
$171,200
Outstanding Balance
$149,908
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$181,688

Purchase Details

Listed on
Apr 10, 2018
Closed on
Jun 15, 2018
Sold by
Parker Marion Drew and Parker Peggy Paige
Bought by
Simpson Simpson Nancy Mcafee Nancy Mcafee and Simpson Noel Karen
Seller's Agent
Connie Overstreet
Overstreet Realty
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$239,900
Sold Price
$226,000
Premium/Discount to List
-$13,900
-5.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,200
Outstanding Balance
$149,908
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$181,688

Purchase Details

Listed on
Apr 10, 2018
Closed on
Jun 12, 2018
Sold by
Simpson Nancy Mcafee
Bought by
Parker Marion Drew and Parker Peggy Paige
Seller's Agent
Connie Overstreet
Overstreet Realty
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$239,900
Sold Price
$226,000
Premium/Discount to List
-$13,900
-5.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,200
Outstanding Balance
$149,908
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$181,688

Purchase Details

Closed on
Apr 6, 2010
Sold by
Parker Peggy K and Parker Marion F
Bought by
Parker Marion Drew and Parker Peggy Paige

Purchase Details

Closed on
Oct 16, 2009
Sold by
Suntrust Bank
Bought by
Merrill Lynch Bank & Trust Co Fsb
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
Flowers David E $226,000 Attorney
Simpson Simpson Nancy Mcafee Nancy Mcafee -- Attorney
Parker Marion Drew -- Attorney
Parker Marion Drew -- None Available
Merrill Lynch Bank & Trust Co Fsb -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flowers David E $171,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Off Market $226,000 -- --
07/13/2018 07/13/18 Sold $226,000 -5.8% $280 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $239,900 -- $297 / Sq Ft
Source: Central Panhandle Association of REALTORS®

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 $2,759 $172,230 -- --
2023 $2,759 $156,573 $170,200 $0
2022 $2,372 $142,339 $142,339 $0
2021 $1,787 $99,435 $0 $0
2020 $1,719 $96,200 $96,200 $0
2019 $1,530 $82,177 $82,177 $0
2018 $2,129 $110,013 $0 $0
2017 $3,287 $200,439 $0 $0
2016 $3,015 $182,217 $0 $0
2015 $3,047 $182,217 $0 $0
2014 $2,996 $178,242 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 670374

Central Panhandle Association of REALTORS®

APN: 04106-000-000