NOT LISTED FOR SALE

121 1st St Mexico Beach, FL 32456

Estimated Value: $464,000 - $494,000

3 Beds
2 Baths
912 Sq Ft
$529/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $480,000 $526 Per Sq Ft

Current estimated payment $2,893/month

89 Days on Market

Highlights

  • Gulf View
  • Newly Painted Property
  • No HOA
  • Deck
  • Beach House
  • Woodwork

About This Home

As of September 2023

FANTASTIC GULF VIEW RENTAL INVESTMENT!!!! 3BR/2BA single family homeless than one block from the beach that has been completely renovated from top to bottom to include the addition of a second bathroom. Everything is brand new since the storm. There is a Gulf view from the wrap around balcony and plenty of room under the house for all your beach toys. No HOA and located in the X flood zone (no flood insurance required).

Last Agent to Sell the Property

Sally Childs

Sundance Realty Brokerage Phone: 8508660045 License #666212 Listed on: 04/26/2023

Last Buyer's Agent

Justin Cothran

98 Real Estate Group, LLC License #3334729

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,534

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • 6,100 Sq Ft Lot
  • Lot Dimensions are 50 x 122

Home Design

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

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Recessed Lighting
  • Window Treatments
  • Vinyl Flooring
  • Gulf Views

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Tuck Under Parking
  • Driveway
  • Open Parking

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Total Actual Rent $1,750
  • Legal Lot and Block 14/1/9 / 14/1/9
  • Assessor Parcel Number 04801007000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,534

Year Built

Built in 1981 | Remodeled

Lot Details

0

Listing Details

  • Attribution Contact: 8508660045
  • Directions: From Hwy. 98 in MB turn north on 1st St and look for sign on the left.
  • Inclusions: All appliances including washer and dryer
  • Prop. Type: Residential
  • Building Stories: 1
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.14
  • Lot Size: 50 x 122
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Beach House
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 1
  • Property Attached Yn: No
  • Year Built: 1981
  • NAV22_ResortRentalYN: No
  • NAV22_BuildersWarrantyYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Self Cleaning Oven, Refrigerator w/Ice Maker, Gas Oven, Electric Water Heater
  • Furnished: Unfurnished
  • Has Basement: None
  • Interior Amenities: Recessed Lighting, Newly Painted, Renovated, Woodwork Painted
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Vinyl
  • Living Area: 912
  • Window Features: Window Treatment Some
  • Master Bathroom Features: Shower Only

Exterior Features

  • Exterior Features: Renovated
  • Lot Features: Aerials/Topo Available, Within 1/2 Mile of Water
  • Roof: Shingle
  • Pool Features: None
  • Pool Private: No
  • View: Water, Gulf
  • View: Yes
  • Waterfront: No
  • Construction Type: HardiPlank Type
  • Foundation Details: Pilings
  • Patio And Porch Features: Deck
  • Property Condition: Renovated, Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway, Under House With Pad
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Public Sewer
  • Utilities: Cable Connected, City Trash
  • Security: Smoke Detector(s)
  • 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 #: 04801007000
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2534
  • Tax Block: 14/1/9
  • Tax Lot: 14/1/9

Multi Family

  • Total Actual Rent: 1750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
Sep 18, 2023
Sold by
Chyke Timothy David and Chyke Joel Michael
Bought by
Hunt Samuel and Hunt Kimberly
Seller's Agent
Sally Childs
Sundance Realty
Buyer's Agent
Justin Cothran
98 Real Estate Group, LLC
List Price
$515,000
Sold Price
$480,000
Premium/Discount to List
-$35,000
-6.8%
Views
426
Current Estimated Value
$482,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,263
Avg. Annual Appreciation
0.24%
Original Mortgage
$376,000
Outstanding Balance
$368,909
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$113,354

Purchase Details

Closed on
Apr 25, 2023
Sold by
Le Chyke Lillian Ruth
Bought by
Chyke Timothy David and Chyke Joel Michael
Source: Public Records

Range of Values:

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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
Hunt Samuel $470,000 None Listed On Document
Chyke Timothy David $100 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunt Samuel $376,000
Previous Owner Chyke David R $39,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $480,000 -6.8% $526 / Sq Ft
04/26/2023 04/26/23 For Sale $515,000 -- $565 / 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 $3,243 $369,550 $213,900 $155,650
2023 $3,243 $145,459 $217,387 $64,805
2022 $2,640 $132,235 $0 $0
2021 $2,344 $120,214 $0 $0
2020 $2,073 $115,461 $69,750 $45,711
2019 $1,259 $67,622 $53,382 $14,240
2018 $2,021 $103,302 $0 $0
2017 $1,569 $95,884 $0 $0
2016 $1,562 $94,417 $0 $0
2015 $1,585 $94,764 $0 $0
2014 $1,601 $95,251 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 314092

Forgotten Coast REALTOR® Association

APN: 04801-007-000