NOT LISTED FOR SALE

120 Bay Magnolia Ct Carrabelle, FL 32322

Estimated Value: $15,000 - $233,000

1.34 Acres
$74,627 Price per Acre
58,370 Sq Ft Lot

Last Sold August 29, 2024

Last sale price $18,500

Est. 441% increase in value since last sale

Current estimated payment $539/month

21 Days on Market

Highlights

  • Lake Front
  • Wooded Lot
  • No HOA
  • 1.34 Acre Lot

About This Lot

As of August 2024

Perfect opportunity to build your dream home on a 1.34 acre lot just west of Carrabelle in Bay Magnolia! Quiet street, directly across from the beach! Only 17 lots in the subdivision! Mature vegetation and beautiful lake on lot! Don't miss out! Submit your offer today!

Last Agent to Sell the Property

John Sherwood

RECIPROCAL OFFICE Brokerage Phone: License #3240851 Listed on: 07/15/2024

Last Buyer's Agent

Constance Mayo

Ketcham Realty Group, Inc License #3559191

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $132

Lot Details

  • 1.34 Acre Lot
  • Lot Dimensions are 137 x 340 x 202 x 346
  • Lake Front
  • Wooded Lot
  • Zoning described as County,Residential Single Family

Property Views

  • Lake Views

Utilities

  • No Utilities
  • Septic Needed

Community Details

  • No Home Owners Association
  • Bay Magnolia Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 0308S05W100100000170

Property Details

Property Type

Land

Est. Annual Taxes

$132

Lot Details

0

Listing Details

  • Attribution Contact: 0
  • Directions: Take US-319 S/US-98 W/Big Bend Scenic Byway Coastal Trail to a right on Bay Magnolia Ln. About 5 miles west of Carrabelle.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 1.34
  • Lot Size: 137 x 340 x 202 x 346
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Bay Magnolia
  • Special Features: None

Exterior Features

  • Lot Features: Build to Suit, Within 1/2 Mile of Water, Wooded
  • Fencing: None
  • View: Lake, Water
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Disclosures: County Zoning

Utilities

  • Sewer: Septic Needed
  • Utilities: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 58370.4
  • Additional Parcels: No
  • Parcel #: 0308S05W100100000170
  • Zoning Description: County,Residential Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 131.84
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Aug 29, 2024
Sold by
Rbc Bank Georgia Na
Bought by
Simion Vasile
Seller's Agent
John Sherwood
RECIPROCAL OFFICE
Buyer's Agent
Constance Mayo
Ketcham Realty Group, Inc
List Price
$15,900
Sold Price
$18,500
Premium/Discount to List
$2,600
16.35%
Views
22
Current Estimated Value
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,500
Avg. Annual Appreciation
384.05%

Purchase Details

Closed on
May 6, 2024
Sold by
Williams David Michael and Williams Michael D
Bought by
Rbc Bank Na
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
Simion Vasile $18,500 Hayward Title Group
Rbc Bank Na $21,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $18,500 +5.7% --
08/06/2024 08/06/24 Pending -- -- --
07/31/2024 07/31/24 Price Changed $17,500 +10.1% --
07/15/2024 07/15/24 For Sale $15,900 -- --
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 $137 $18,500 $18,500 --
2023 $137 $18,500 $18,500 $0
2021 $144 $18,500 $18,500 $0
2020 $149 $18,500 $18,500 $0
2019 $149 $18,500 $18,500 $0
2018 $134 $15,000 $0 $0
2017 $71 $5,000 $0 $0
2016 $70 $5,000 $0 $0
2015 $71 $5,000 $0 $0
2014 $157 $12,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    John Sherwood

    RECIPROCAL OFFICE

    (850) 866-0340

    1 in this area

    14 Total Sales

    John Sherwood
    Section Image
  • Constance Mayo

    Buyer's Agent in 2024

    Constance Mayo

    Ketcham Realty Group, Inc

    (850) 228-1624

    5 in this area

    41 Total Sales

    Constance Mayo
    Section Image
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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 318153

Forgotten Coast REALTOR® Association

APN: 03-08S-05W-1001-0000-0170

Florida Franklin County Carrabelle 32322

120 Bay Magnolia Ct, Carrabelle, FL

This home is located at 120 Bay Magnolia Ct, Carrabelle, FL 32322 since 15 July 2024 and is currently estimated at $100,000. 120 Bay Magnolia Ct 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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