NOT LISTED FOR SALE

Estimated Value: $411,000 - $520,000

0.61 Acre
$740,984 Price per Acre
26,572 Sq Ft Lot

Last Sold January 17, 2025

Last sale price $425,000

Est. 6% increase in value since last sale

Current estimated payment $2,792/month

181 Days on Market

Highlights

  • 0.61 Acre Lot
  • Property fronts a marsh
  • Rectangular Lot
  • R.B. Hunt Elementary School Rated A

About This Lot

As of January 2025

This property is located in Pelican Reef, a charming waterfront community overlooking historic downtown St. Augustine. This neighborhood is where you will find the 2024 HGTV Dream Home. HGTV picked this community because of its uniqueness. This fantastic opportunity to build your own dream home does not come around often. This lot offers a unique opportunity; featuring, custom building plans, ARB approval, soil tests, electricity and water on site. This lot is ready to build, the hard work has been done for you. One of the most appealing aspects of this lot are the breathtaking views, encompassing downtown St. Augustine, Flagler College, the Bridge of Lions, and the lighthouse. This picturesque location also includes access to the community fishing pier and private dock for outdoor activities and relaxation. Nature enthusiasts will appreciate the presence of herons, egrets, and roseate spoonbills in the area, adding to the natural beauty of the community.

Last Agent to Sell the Property

Christine Matthaei

Berkshire Hathaway Homeservices Florida Network Realty Listed on: 07/12/2024

Berkshire Hathaway Homeservices Florida Network Realty

Last Buyer's Agent

Noah Bailey

Keller Williams Realty Atlantic Partners St Augustine

Keller Williams Realty Atlantic Partners St Augustine

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,252

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 120x241x114x257
  • Property fronts a marsh
  • Rectangular Lot
  • Cleared Lot

HOA Fees

  • $140 Monthly HOA Fees

Schools

  • R.B. Hunt Elementary School
  • Sebastian Middle School
  • St. Augustine High School

Listing and Financial Details

  • Assessor Parcel Number 158571-1010

Property Details

Property Type

Land

Est. Annual Taxes

$3,252

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Acreage: 1/2 To 1 Acre
  • Association Maintenance Fee: 420
  • Class: Lots And Land
  • Hoa Term: Quarterly
  • HOA: Yes
  • Legal Description: 25/87-91 PELICAN REEF LOT 1 BLK 1 OR4024/137
  • Location: Intracoastal View, Marsh Front
  • Low Tide Depth: Unknown
  • Lvt Date: 07/12/2024
  • Type Of Property: Lots
  • Waste: Installed
  • Survey: Yes
  • Access: Paved, Private
  • Sold Price Per Acre: 696721.311475
  • Water Source: City, Well
  • Marketing For Public Vw: This property is located in Pelican Reef, a charming waterfront community overlooking historic downtown St. Augustine. This neighborhood is where you will find the 2024 HGTV Dream Home. HGTV picked this community because of its uniqueness. This fantastic opportunity to build your own dream home does not come around often. This lot offers a unique opportunity; featuring, custom building plans, ARB approval, soil tests, electricity and water on site. This lot is ready to build, the hard work has been done for you. One of the most appealing aspects of this lot are the breathtaking views, encompassing downtown St. Augustine, Flagler College, the Bridge of Lions, and the lighthouse. This picturesque location also includes access to the community fishing pier and private dock for outdoor activities and relaxation. Nature enthusiasts will appreciate the presence of herons, egrets, and roseate spoonbills in the area, adding to the natural beauty of the community.
  • Subdivision Condo: Pelican Reef
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Type: Marsh
  • Waterfront: Yes

Utilities

  • Electric Type: Installed

Schools

  • Elementary School: R.B. Hunt
  • High School: St. Augustine
  • Middle School: Sebastian

Lot Info

  • Acres: 0.61
  • Lot Size: 120x241x114x257
  • Lot Type: Regular
  • Zoning: RES
  • Improvements: Culvert, Deed Restrictions, Irrigation Well
  • Lot Description: Cleared
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 158571-1010
  • Taxes: 3252.48
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Jan 17, 2025
Sold by
Williams Phillip and Williams Paula
Bought by
Olinger John and Olinger Erin
Seller's Agent
Christine Matthaei
Berkshire Hathaway Homeservices Florida Network Realty
Buyer's Agent
Noah Bailey
Keller Williams Realty Atlantic Partners St Augustine
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%
Views
439
Current Estimated Value
$452,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,000
Avg. Annual Appreciation
6.22%

Purchase Details

Listed on
Jan 29, 2013
Closed on
Apr 24, 2015
Sold by
Thompson Bros Realty Inc
Bought by
Williams Phillip T and Williams Paula J
Seller's Agent
Paul Thompson
Thompson Realty & Development, Inc.
Buyer's Agent
Clay Seay
Florida Homes Realty & Mortgage
List Price
$285,000
Sold Price
$215,000
Premium/Discount to List
-$70,000
-24.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%

Purchase Details

Listed on
Jun 29, 2011
Closed on
Sep 26, 2012
Sold by
Rosenberg Andrew Marc and Cynkin Laurie Ellen
Bought by
Thompson Bros Realty Inc
Seller's Agent
Robert West
One Sotheby's - Downtown
Buyer's Agent
Paul Thompson
Thompson Realty & Development, Inc.
List Price
$225,000
Sold Price
$125,000
Premium/Discount to List
-$100,000
-44.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.60%

Purchase Details

Closed on
May 1, 2007
Sold by
Snyder Susan
Bought by
Snyder Susan and Susan Snyder Living Trust
Source: Public Records
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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
Olinger John $425,000 None Listed On Document
Williams Phillip T $215,000 Olde Towne Title & Guaranty
Thompson Bros Realty Inc $125,000 Action Title Services Of St
Snyder Susan -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2025 01/17/25 Sold $425,000 -5.3% --
07/12/2024 07/12/24 For Sale $449,000 +108.8% --
04/23/2015 04/23/15 Sold $215,000 -24.6% -- View Prior Sale
04/02/2015 04/02/15 Pending -- -- --
01/29/2013 01/29/13 For Sale $285,000 +128.0% --
10/01/2012 10/01/12 Sold $125,000 -44.4% -- View Prior Sale
09/21/2012 09/21/12 Pending -- -- --
06/29/2011 06/29/11 For Sale $225,000 -- --
Source: St. Augustine and St. Johns County Board of REALTORS®

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
2025 $3,661 $226,936 $226,936 --
2024 $3,661 $250,000 $250,000 --
2023 $3,661 $210,000 $210,000 $0
2022 $3,252 $173,600 $173,600 $0
2021 $2,997 $155,000 $0 $0
2020 $3,021 $155,000 $0 $0
2019 $3,058 $152,500 $0 $0
2018 $2,830 $140,000 $0 $0
2017 $2,869 $140,000 $140,000 $0
2016 $2,917 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: St. Augustine and St. Johns County Board of REALTORS®

MLS Number: 243119

St. Augustine and St. Johns County Board of REALTORS®

APN: 158571-1010