NOT LISTED FOR SALE

1241 Alligator Dr Panacea, FL 32346

Saint Teresa-Alligator Point Neighborhood

Estimated Value: $701,000 - $862,000

2 Beds
2 Baths
1,374 Sq Ft
$571/Sq Ft Est. Value

Sale Details

Date Sold: January 2, 2024

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

Est. 15% increase in value since last sale

Current estimated payment $4,717 / mo

126 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Wood Flooring
  • Cooling Available
  • Deck
  • Cottage
  • Central Heating

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

Est. Annual Taxes

  • $4,147

Year Built

  • Built in 1995

Lot Details

  • 16,117 Sq Ft Lot
  • Lot Dimensions are 106x150x106x147
  • Property fronts gulf or ocean

Parking

  • Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,374 Sq Ft Home
  • 1-Story Property
  • Gulf Views
  • Washer

Kitchen

  • Oven
  • Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,147

Year Built

Built in 1995

Lot Details

0.37 Acres

Listing Details

  • Waterfront: Yes
  • 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
  • High School: OTHER COUNTY
  • PropertySubType: Detached
  • PropertyType: Residential
  • Lot Size: 106x150x106x147
  • ResoRoadSurfaceType: Paved
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Oven, Range, Refrigerator, Washer
  • Subdivision Name: No
  • Owner Name: Smith
  • Architectural Style: Cottage, One Story
  • Bedrooms: 2
  • ResoBuildingAreaSource: Assessor
  • Fireplace: No
  • Reso Parking Features: Driveway
  • Reso Patio And Porch Features: Deck
  • Property Attached Yn: No
  • Building Stories: 1
  • PropertySubTypeAdditional: Detached,Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Hardwood, Tile
  • Full Bathrooms: 2
  • Living Area: 1374.0

Exterior Features

  • View: Gulf
  • Acres: 0.37
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Gulf
  • Home Warranty: No
  • Construction Materials: Vinyl Siding

Utilities

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: OTHER COUNTY

Lot Info

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

Tax Info

  • Tax Annual Amount: 4147.0
  • Tax Block: 0
  • Tax Lot: 0

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
103
Current Estimated Value
$785,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,004
Avg. Annual Appreciation
5.92%
Original Mortgage
$350,000
Outstanding Balance
$342,396
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$442,608

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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

    43 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

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