NOT LISTED FOR SALE

124 Timber Island Rd Carrabelle, FL 32322

Estimated Value: $34,861 - $305,000

1 Acre
$169,931 Price per Acre
43,560 Sq Ft Lot

Last Sold July 19, 2023

Last sale price $35,000 $35 Per Sq Ft

Est. 386% increase in value since last sale

Current estimated payment $993/month

105 Days on Market

About This Lot

As of July 2023

Located in the beautiful town of Carrabelle. This is a one acre lot located within walking distance to the Carrabelle Boat Club and Marina. Public boat launch is on the same street and is at the mouth of the Gulf and the Carrabelle River. Very convenient to beaches, restaurants, shopping and some of the best fishing on the Forgotten Coastline. Bring your plans and builder or we can build to suit. Buyer needs to verify lot dimensions. There are 4 additional one acre lots available for purchase.

Last Listed By

Mitchel Wilson

Wilson Property Management License #3299700 Listed on: 03/09/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $565

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Irregular Lot
  • Pine Trees
  • Partially Wooded Lot

Home Design

  • 1,000 Sq Ft Home

Schools

  • Franklin County Middle School
  • Franklin County High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Bayou Harbour Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 12037-30-07S-04W-0330-0000-0280

Property Details

Property Type

Land

Est. Annual Taxes

$565

Lot Details

0

Listing Details

  • Restrictions: Mobile Homes - No, No Further Subdividing
  • Class: Lots And Land
  • Lot: 28
  • Miscellaneous: Street Lights
  • Subdivision: Approved Subdiv., Recorded
  • Tax Database Id: 9
  • Tax Item Number: 30-07S-04W-0330-0000-0280
  • Type: Lots And Land
  • Category: Recreational/Coastal, Residential
  • L V T Date: 03/09/2023
  • Street Designation: Road
  • Topography: Level
  • Comprehensive Land Use: Outside Urban Serv.
  • Development Status: Finished Lots
  • Environmental: Conforming
  • List Price per Acre: 54900
  • Minimum House Size: 1000
  • Options: Build To Suit
  • Road Surfacefrontage: Government Maint., Paved
  • Sold Per Acre: 35000
  • Utlities Available: Public Water, Sewer, Telephone, Tv Cable
  • Directions: 98 south to Carrabelle, go over the bridge, turn left on Timber Island Road
  • Elementary School: OTHER
  • Geo Longitude: -84.677469
  • High School: Franklin County High School
  • Middle School: Franklin County Middle School
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Access: Maint - Govt., Paved
  • Number Of Acres: 1

Utilities

  • Water: City
  • Sewer: City Sewer Available

Schools

  • Middle School: Franklin County Middle School
  • High School: Franklin County High School

Lot Info

  • Lot Dimensions: 290x209x295x187
  • Lot Description: Acres-1 Or More, Irregular Lot
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12037-30-07S-04W-0330-0000-0280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Jul 21, 2023
Sold by
Cunningham Jessica V and Cunningham Joseph W
Bought by
Genovese Michael
Seller's Agent
Mitchel Wilson
Wilson Property Management
Buyer's Agent
Mitchel Wilson
Wilson Property Management
List Price
$54,900
Sold Price
$35,000
Premium/Discount to List
-$19,900
-36.25%
Total Days on Market
105
Views
58
Current Estimated Value
$169,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,931
Avg. Annual Appreciation
49.68%

Purchase Details

Closed on
Jun 15, 2012
Sold by
Cunningham Jessica V and Estate Of Graham Charles Cunni
Bought by
Cunningham Jessica V and Cunningham Joseph W

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
Genovese Michael $35,000 None Listed On Document
Cunningham Jessica V -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold $35,000 -36.2% $35 / Sq Ft
03/09/2023 03/09/23 For Sale $54,900 -- $55 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee 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
2024 $565 $34,000 $34,000 --
2023 $332 $20,000 $20,000 $0
2021 $303 $16,000 $16,000 $0
2020 $323 $16,000 $16,000 $0
2019 $306 $16,000 $16,000 $0
2018 $297 $16,000 $0 $0
2017 $254 $12,000 $0 $0
2016 $253 $12,000 $0 $0
2015 $254 $12,000 $0 $0
2014 $255 $12,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

MLS Number: 356281

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

APN: 30-07S-04W-0330-0000-0280