NOT LISTED FOR SALE

118 N 38th St Unit 6 Mexico Beach, FL 32456

Estimated Value: $613,000 - $656,000

2 Beds
2 Baths
1,049 Sq Ft
$546/mo HOA Fee

Last Sold July 26, 2021

Last sale price $475,000 $453 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,579/month

91 Days on Market

Highlights

  • Private Pool
  • Newly Painted Property
  • Engineered Wood Flooring
  • Gulf View
  • Beach House
  • Elevator

About This Home

As of July 2021

Large 2BR floor plan located in the Surfside condos in Mexico Beach. This 18 unit development is one of only two gulf front condo projects in Mexico Beach. This project was severely damaged by Hurricane Michael and has been rebuilt over the last 2 1/2 years. Almost everything is brand new and this unit is full of high-end features. This unit is on the coveted eastern side of the building which provides superior beach and gulf views and is only steps to the water. Large balcony, granite countertops, stainless appliances, LVP floors, tiles showers and more. This unit has never been occupied since the rebuild was completed and is in pristine condition. Check out the virtual tour!

Last Agent to Sell the Property

Zach Childs

98 Real Estate Group, LLC License #3153944 Listed on: 03/23/2021

Last Buyer's Agent

Adrian Welle

Waves & Woods Realty, LLC License #3353990

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,581

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 1,263

HOA Fees

  • $546 Monthly HOA Fees

Home Design

  • Beach House
  • Newly Painted Property
  • Metal Roof
  • Piling Construction
  • HardiePlank Type

Interior Spaces

  • 1,049 Sq Ft Home
  • Engineered Wood Flooring
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Tuck Under Parking

Additional Features

  • Private Pool
  • Street terminates at a dead end

Listing and Financial Details

  • Assessor Parcel Number 04610525006

Community Details

Overview

  • Surfside Of Mexico Beach Subdivision

Amenities

  • Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,581

Year Built

Built in 2006 | Remodeled

Lot Details

0

HOA Fees

$546 per month

Listing Details

  • Directions: From Hwy 98, turn onto 38th Street. Condo will be at end of street, 2nd floor
  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Lot Size: 0 x 0
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Surfside Of Mexico Beach
  • Architectural Style: Beach House
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Year Built: 2006
  • NAV22_ResortRentalYN: No
  • NAV22_BuildersWarrantyYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Dishwasher, Microwave
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Newly Painted, Renovated
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Simulated Wood
  • Living Area: 1049

Exterior Features

  • Lot Features: Aerials/Topo Available, Dead End, Within 1/2 Mile of Water
  • Roof: Metal
  • Pool Features: See Remarks
  • Pool Private: Yes
  • View: Gulf, Water
  • View: Yes
  • Waterfront: No
  • Construction Type: HardiPlank Type
  • Foundation Details: Pilings
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Under House With Pad
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available, City Trash
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1637
  • Community Features: Elevators, Pool
  • Association Fee Frequency: Quarterly
  • Association: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 04610525006
  • Zoning Description: Residential Multi-Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1581

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Jul 26, 2021
Sold by
Allen Michael D and Allen Christa M
Bought by
Wynn Erin Broach
Seller's Agent
Zach Childs
98 Real Estate Group, LLC
Buyer's Agent
Adrian Welle
Waves & Woods Realty, LLC
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%
Current Estimated Value
$634,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,157
Avg. Annual Appreciation
7.32%
Original Mortgage
$427,500
Outstanding Balance
$388,878
Interest Rate
2.78%
Estimated Equity
$245,279

Purchase Details

Closed on
Aug 22, 2008
Sold by
Tychsen Peter S
Bought by
Allen Michael D and Allen Christa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,700
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2006
Sold by
Surfside Mexico Beach Llc
Bought by
Tychsen Peter S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,680
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wynn Erin Broach $475,000 Cornerstone Title Agency Inc
Allen Michael D $333,000 Attorney
Tychsen Peter S $399,600 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wynn Erin $93,725
Open Wynn Erin Broach $427,500
Previous Owner Allen Michael D $290,600
Previous Owner Allen Michael D $299,700
Previous Owner Tychsen Peter S $319,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $475,000 -4.8% $453 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $499,000 -- $476 / 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 $7,009 $449,735 -- --
2023 $7,009 $408,850 $0 $408,850
2022 $6,814 $408,850 $0 $408,850
2021 $1,548 $88,400 $0 $88,400
2020 $1,647 $88,400 $0 $88,400
2019 $1,646 $88,400 $0 $88,400
2018 $3,829 $212,020 $0 $0
2017 $3,302 $192,745 $0 $0
2016 $2,899 $175,223 $0 $0
2015 $2,802 $167,549 $0 $0
2014 $2,816 $167,549 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Zach Childs

    Seller's Agent in 2021

    Zach Childs

    98 Real Estate Group, LLC

    (850) 819-0833

    89 in this area

    216 Total Sales

    Zach Childs
    Section Image
  • Adrian Welle

    Buyer's Agent in 2021

    Adrian Welle

    Waves & Woods Realty, LLC

    (850) 895-1256

    40 in this area

    82 Total Sales

    Adrian Welle
    Section Image
See All Agents

Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 307296

Forgotten Coast REALTOR® Association

APN: 04610-525-006

Florida Bay County Mexico Beach 32456

118 N 38th St Unit 6, Mexico Beach, FL

This home is located at 118 N 38th St Unit 6, Mexico Beach, FL 32456 since 23 March 2021 and is currently estimated at $634,157, approximately $604 per square foot. This property was built in 2006. 118 N 38th St Unit 6 is a home located in Bay County.

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.

Nearby Homes