NOT LISTED FOR SALE

118 1st St Mexico Beach, FL 32456

Estimated Value: $391,000 - $520,000

2 Beds
2 Baths
1,272 Sq Ft
$368/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $270,000 $212 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,010/month

180 Days on Market

Highlights

  • Gulf View
  • Beach House
  • Furnished
  • Deck
  • Sun or Florida Room
  • No HOA

About This Home

As of November 2019

PRICE REDUCED! Move in ready and a 3D Virtual Tour to see it! This well built beach home is less than a block away from the Gulf, and sits high and dry on an X flood zone lot! It comes fully furnished and equipped to be lived in immediately and has never been rented but will sleep 9. Interior of home received no hurricane damage, and repairs have been completed on exterior. NEW architectural shingle roof since the storm and AC unit is only a year old. This home has 2 bedrooms and 2 full baths, a bonus room/laundry with a day bed, living, kitchen, and sunroom where you can enjoy sunsets and Gulf views. Fully equipped with anything you could think of from dishes, linens, gas grill, furniture, vacuum cleaner, and much more. Don't miss out on one of the only move in ready homes in Mexico Beach.

Last Agent to Sell the Property

Justin Cothran

98 Real Estate Group, LLC License #3334729 Listed on: 04/04/2019

Last Buyer's Agent

Maria Ramsey

Rish Real Estate Group License #3075307

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,092

Year Built

  • Built in 1984

Lot Details

  • 6,100 Sq Ft Lot
  • Lot Dimensions are 50 x 122
  • Zoning described as Residential Single Family,City

Home Design

  • Beach House
  • Wood Foundation
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,272 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Living Room
  • Sun or Florida Room
  • Storage Room
  • Carpet
  • Gulf Views

Kitchen

  • Electric Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Tuck Under Parking

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Storage
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04807000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,092

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Directions: From HWY 98, turn onto 1st Street. See house on right.
  • Inclusions: House comes full furnished and equipped.
  • Prop. Type: Residential
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.14
  • Lot Size: 50 x 122
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Beach House
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built: 1984
  • NAV22_Room4Name: Sunroom
  • NAV22_Room10Name: Balcony
  • NAV22_ResortRentalYN: No
  • NAV22_Room8Name: Full Bath
  • NAV22_Room3Name: Laundry
  • NAV22_Room7Name: Additional Bedroom
  • NAV22_Room2Name: Kitchen
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room6Name: Master Bath
  • NAV22_Room1Name: Living Room
  • NAV22_Room5Name: Master Bedroom
  • NAV22_Room9Name: Storage
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Refrigerator, Electric Oven, Dryer, Dishwasher, Washer, Microwave, Electric Water Heater
  • Furnished: Furnished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 1272
  • Master Bedroom Features: Carpeted

Exterior Features

  • Exterior Features: Barbecue
  • Lot Features: Within 1/2 Mile of Water
  • Other Structures: Storage
  • Roof: Shingle
  • Pool Features: None
  • Pool Private: No
  • View: Water, Gulf
  • View: Yes
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Pilings, Wood
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Under House No Pad
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Electric, Ceiling Fan(s)
  • Heating: Central Electric
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Water Connected, Internet Available, Sewer Connected, City Trash
  • Laundry Features: Washer/Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6100
  • Additional Parcels: No
  • Parcel #: 04807000000
  • Zoning Description: Residential Single Family,City
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2092.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
Nov 22, 2019
Sold by
Wynn A Lamont A and Wynn Ruth A
Bought by
Hatcher Timothy M and Hatcher Kathi H
Seller's Agent
Justin Cothran
98 Real Estate Group, LLC
Buyer's Agent
Maria Ramsey
Rish Real Estate Group
List Price
$325,000
Sold Price
$270,000
Premium/Discount to List
-$55,000
-16.92%
Current Estimated Value
$468,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,267
Avg. Annual Appreciation
9.98%
Original Mortgage
$216,000
Outstanding Balance
$190,845
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$277,422
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
Hatcher Timothy M $270,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatcher Timothy M $125,000
Open Hatcher Timothy M $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $270,000 -16.9% $212 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $325,000 -- $256 / 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
2024 $5,550 $325,277 -- --
2023 $5,550 $295,706 $217,387 $165,939
2022 $4,684 $268,824 $0 $0
2021 $4,381 $244,385 $0 $0
2020 $4,140 $222,168 $69,750 $152,418
2019 $1,863 $100,047 $53,382 $46,665
2018 $2,179 $113,120 $0 $0
2017 $1,736 $106,064 $0 $0
2016 $1,737 $104,959 $0 $0
2015 $1,767 $105,668 $0 $0
2014 $1,798 $106,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 301299

Forgotten Coast REALTOR® Association

APN: 04807-000-000