NOT LISTED FOR SALE

122 3rd St Mexico Beach, FL 32456

Estimated Value: $494,000 - $554,150

2 Beds
2 Baths
1,422 Sq Ft
$360/Sq Ft Est. Value

Last Sold August 28, 2024

Last sale price $455,000 $320 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,826/month

53 Days on Market

Highlights

  • Gulf View
  • Corner Lot
  • No HOA
  • Florida Architecture
  • Furnished
  • Breakfast Bar

About This Home

As of August 2024

Great home in Mexico Beach that is less than a block to the dedicated beach. This is going to make someone a great beach house. The home is located on an X flood zone in one of the highest areas of Mexico Beach and the home did not flood during Hurricane Michael. It did have some wind damage and the roof was replaced in 2019 along with both air conditioners and new LVP flooring added through most of the house. The vast majority of the furniture is included in the sale. Well-manicured lawn that includes a well and irrigation. There are two large storage sheds perfect for all of your fishing and beach accessories. The Florida room is currently set up as a 3rd bedroom. No HOA fees or rental restrictions.

Last Agent to Sell the Property

Zach Childs

98 Real Estate Group, LLC Brokerage Phone: 8506482200 License #3153944 Listed on: 06/14/2024

Last Buyer's Agent

Kaye Haddock

Beach Properties Real Estate Group License #3068203

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 8,015 Sq Ft Lot
  • Lot Dimensions are 80 x 100
  • Landscaped
  • Corner Lot
  • Lawn Pump

Home Design

  • Florida Architecture
  • Off Grade Structure
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,422 Sq Ft Home
  • Furnished
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Driveway
  • Open Parking

Utilities

  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Stereo in master bedroom and living room and all personal items are excluded.
  • Assessor Parcel Number 04241020000

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Directions: From Hwy 98 in Mexico Beach, turn onto 3rd Street. Home will be on the right side, on the corner of 3rd Street and Florida Avenue.
  • Prop. Type: Residential
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.184
  • Lot Size: 80 x 100
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built: 1989
  • NAV22_ResortRentalYN: No
  • NAV22_BuildersWarrantyYN: No
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Gas Oven, Gas Water Heater
  • Furnished: Furnished
  • Interior Amenities: Breakfast Bar, Split Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 1422

Exterior Features

  • Exclusions: Stereo in master bedroom and living room and all personal items are excluded.
  • Exterior Features: Lawn Pump, See Remarks
  • Lot Features: Landscaped, Aerials/Topo Available, Corner Lot, Within 1/2 Mile of Water, Improved Lot
  • Roof: Metal
  • Pool Features: None
  • Pool Private: No
  • View: Gulf, Water
  • View: Yes
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Off Grade
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, City Trash
  • Laundry Features: Washer/Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 8015.04
  • Additional Parcels: No
  • Parcel #: 04241020000
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 28, 2024
Sold by
Arnold Theodore E
Bought by
Wentzell Robert Carlton and Wentzell Brittany Laura
Seller's Agent
Zach Childs
98 Real Estate Group, LLC
Buyer's Agent
Kaye Haddock
Beach Properties Real Estate Group
List Price
$499,000
Sold Price
$455,000
Premium/Discount to List
-$44,000
-8.82%
Views
87
Current Estimated Value
$511,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,538
Avg. Annual Appreciation
9.21%
Original Mortgage
$150,000
Outstanding Balance
$143,673
Interest Rate
6.07%
Mortgage Type
New Conventional
Estimated Equity
$367,865

Purchase Details

Closed on
May 31, 2006
Sold by
Arnold Theodore E and Arnold Jane R
Bought by
Arnold Theodore E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wentzell Robert Carlton $455,000 None Listed On Document
Arnold Theodore E $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wentzell Robert Carlton $150,000
Previous Owner Arnold Theodore E $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold $455,000 -5.2% $320 / Sq Ft
07/23/2024 07/23/24 Price Changed $480,000 -3.8% $338 / Sq Ft
06/14/2024 06/14/24 For Sale $499,000 -- $351 / 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 $1,757 $153,970 -- --
2023 $1,757 $149,485 $0 $0
2022 $1,640 $145,131 $0 $0
2021 $1,651 $140,904 $0 $0
2020 $1,714 $138,959 $0 $0
2019 $1,181 $110,431 $78,064 $32,367
2018 $1,782 $134,000 $0 $0
2017 $1,406 $131,244 $0 $0
2016 $1,396 $129,576 $0 $0
2015 $1,436 $130,561 $0 $0
2014 $1,451 $131,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 317873

Forgotten Coast REALTOR® Association

APN: 04241-020-000