NOT LISTED FOR SALE

1241 Alligator Dr Panacea, FL 32346

Saint Teresa-Alligator Point Neighborhood

Estimated Value: $623,034 - $813,000

2 Beds
2 Baths
1,374 Sq Ft
$531/Sq Ft Est. Value

Last Sold January 02, 2024

Last sale price $685,000 $499 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,344/month

126 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Wood Flooring
  • Cottage
  • Deck
  • Great Room
  • 1-Story Property

About This Home

As of January 2024

Beautiful coastal home overlooking the gulf. Enjoy the gorgeous view from every room or the 2 seaside porches. Spacious open living room with eat in bar. Extra room/sleeping porch can be a den with a pull-out sofa for more sleeping capability. This home has an annual vacation rental income of approximately $30,000 - $40,000. Owner, along with other neighbors, has put in a new sea wall system to restore beach area.

Last Agent to Sell the Property

Sherry Dudley

Bluewater Realty Group License #3452848 Listed on: 08/23/2023

Last Buyer's Agent

Sherry Dudley

Bluewater Realty Group License #3452848 Listed on: 08/23/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 0.37 Acre Lot
  • Property fronts gulf or ocean

Parking

  • Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,374 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Gulf Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 12037-05-07S-01W-0000-0320-0000

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Residential
  • Miscellaneous: Deck
  • Road Frontage Type: Maint - Gvt., Paved
  • Sold Price Per Sq Ft: 498.54
  • Style Exterior: Cottage
  • Tax Database Id: 9
  • Tax Item Number: 05-07S-01W-0000-0320-0000
  • Type: Detached Single Family
  • Waterfront: Yes
  • L V T Date: 08/23/2023
  • Street Designation: Drive
  • Number Of Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1374
  • Year Built: 1995
  • Directions: Crawfordville Rd, US 319 S and US 98W turn left on Alligator Drive, home is on left.
  • Elementary School: OTHER COUNTY
  • Geo Longitude: -84.363429
  • High School: OTHER COUNTY
  • Middle School: OTHER COUNTY
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Hardwood
  • Equipment: Dishwasher, Disposal, Dryer, Refrigerator w/Ice, Washer, Range/Oven
  • Floor Plan: Story - One
  • Kitchen Dim: 15x8
  • Living Area Description: Great Room
  • Master Bedroom Dim: 19x15
  • Other Room Description: Den or Extra Room for Sleeping
  • Other Room Dim: 7x12

Exterior Features

  • Construction: Siding - Vinyl
  • Frontageview: Gulf Frontage, Gulf View
  • Number Of Acres: 0.37

Garage/Parking

  • Garage: Driveway Only

Utilities

  • Heating: Central
  • Cooling: Central, Fans - Ceiling
  • Water Heater: Electric

Lot Info

  • Lot Dimensions: 106x150x106x147
  • Geo Subdivision: FL

Tax Info

  • Taxes: 4147
  • Assessor Parcel Number: 12037-05-07S-01W-0000-0320-0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Jan 2, 2024
Sold by
Smith Jeremy J and Smith Belynn O
Bought by
Getchell 2018 Trust and Getchell
Seller's Agent
Sherry Dudley
Bluewater Realty Group
Buyer's Agent
Sherry Dudley
Bluewater Realty Group
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Views
104
Current Estimated Value
$730,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,009
Avg. Annual Appreciation
3.22%
Original Mortgage
$350,000
Outstanding Balance
$343,645
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$386,364

Purchase Details

Closed on
Sep 25, 2009
Sold by
Morse Philip and Morse Janis K
Bought by
Smith Jeremy J and Smith Belynn O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2004
Sold by
Kathleen B Atkins 1992 Trust
Bought by
Etal Morse Philip C Iii

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2004
Sold by
Kathleen B Atkins 1992 Trust
Bought by
Etal Morse Philip C Iii

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.09%
Mortgage Type
New Conventional
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
Getchell 2018 Trust $685,000 Lowe Title Services
Smith Jeremy J $500,000 Woodlands Title Company Inc
Etal Morse Philip C Iii $675,000 Owen Title Company Inc
Etal Morse Philip C Iii $675,000 Owen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Getchell 2018 Trust $350,000
Previous Owner Smith Jeremy J $300,000
Previous Owner Etal Morse Philip C Iii $375,000
Previous Owner Etal Morse Philip C Iii $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2024 01/02/24 Sold $685,000 -2.0% $499 / Sq Ft
12/28/2023 12/28/23 For Sale $699,000 0.0% $509 / Sq Ft
12/28/2023 12/28/23 Pending -- -- --
11/09/2023 11/09/23 Price Changed $699,000 -6.7% $509 / Sq Ft
09/25/2023 09/25/23 Price Changed $749,000 -5.1% $545 / Sq Ft
09/15/2023 09/15/23 Price Changed $789,000 -1.4% $574 / Sq Ft
08/23/2023 08/23/23 For Sale $800,000 -- $582 / 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
2025 $6,361 $597,419 $394,320 $203,099
2024 $4,261 $429,054 -- --
2023 $4,305 $416,557 $248,093 $168,464
2022 $4,321 $407,522 $248,093 $159,429
2021 $4,668 $413,948 $248,093 $165,855
2020 $4,997 $415,990 $248,093 $167,897
2019 $4,900 $367,982 $246,450 $121,532
2018 $4,658 $321,477 $0 $0
2017 $4,251 $288,617 $0 $0
2016 $4,115 $279,078 $0 $0
2015 $4,035 $270,863 $0 $0
2014 $4,090 $272,256 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sherry Dudley

    Seller's Agent in 2024

    Sherry Dudley

    Bluewater Realty Group

    (850) 926-8777

    2 in this area

    42 Total Sales

    Sherry Dudley
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Map

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

MLS Number: 362785

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

APN: 05-07S-01W-0000-0320-0000

Florida Franklin County Panacea 32346 Saint Teresa-Alligator Point

1241 Alligator Dr, Panacea, FL

Not Listed for Sale

Detached

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