NOT LISTED FOR SALE

1291 Wells Ave Chipley, FL 32428

Estimated Value: $108,000 - $134,000

4 Beds
2.5 Baths
2,779 Sq Ft
$45/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $54,000 $19 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $683/month

11 Days on Market

Highlights

  • Maid or Guest Quarters
  • Southern Architecture
  • Fireplace
  • Wood Flooring
  • Sun or Florida Room
  • Cooling System Mounted To A Wall/Window

About This Home

As of December 2020

REO- Welcome to the historic home of your dreams with a true southern front porch! Yes, it is a diamond in the rough, but at the price that you could purchase this home, it would be more than worth bringing it back to its glory days! Homes are just not made with this kind of character anymore. Four bedrooms and two and a half bathrooms with 2779 sq ft of living space and over 4100 sq ft under roof. The home is currently split into a main home with an attached apartment. The main home has 2 bedrooms and 1.5 bathrooms and the apartment with its own entrance has 2 bedrooms and 1 bath along with a kitchen, living room and utility room. You could easily turn it back into a single family home or keep it as the perfect in-law suite, multi-generational home, or use it for rental income- you decide

Last Agent to Sell the Property

Brandy Brown

Southern Choice Properties Llc License #3148966 Listed on: 10/19/2020

Co-Listed By

Steve Brown

Southern Choice Properties Llc License #3282696

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1916

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 106x160
  • Property is zoned City, Resid Single Family

Parking

  • 1 Attached Carport Space

Home Design

  • Southern Architecture
  • Repairs Needed
  • Off Grade Structure
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,779 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Living Room
  • Dining Area
  • Sun or Florida Room
  • Electric Oven or Range
  • Exterior Washer Dryer Hookup

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite

Schools

  • See Remarks Elementary And Middle School
  • See Remarks High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00000000-00-1920-0000

Home Details

Home Type

Single Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Lot Size: 106x160
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: ESCP
  • Co List Office Phone: 850-951-4828
  • Subdivision Name: METES & BOUNDS
  • Directions: Get on I-10 E in Ponce de Leon from County Rd 183-B, Co Rd 183A and Old Spanish Trail. Follow I-10 E to FL-77 N/Main St in Washington County. Take exit 120 from I-10 E. Follow FL-77 N/Main St to Wells Ave in Chipley.
  • Architectural Style: Southern
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1916
  • ResoBuildingAreaSource: Appraiser
  • Remarks Misc:Remarks: REO- Welcome to the historic home of your dreams with a true southern front porch! Yes, it is a diamond in the rough, but at the price that you could purchase this home, it would be more than worth bringing it back to its glory days! Homes are just not made with this kind of character anymore. Four bedrooms and two and a half bathrooms with 2779 sq ft of living space and over 4100 sq ft under roof. The home is currently split into a main home with an attached apartment. The main home has 2 bedrooms and 1.5 bathrooms and the apartment with its own entrance has 2 bedrooms and 1 bath along with a kitchen, living room and utility room. You could easily turn it back into a single family home or keep it as the perfect in-law suite, multi-generational home, or use it for rental income- you decide
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - WindowWall: Yes
  • Rooms:Sun Room: Yes
  • Energy:Heat - WallWindow: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Stove/Oven Electric
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Fireplace, Floor Hardwood, Floor Vinyl, Floor WW Carpet, Guest Quarters, Needs Work, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Fireplace: Yes
  • Interior:Guest Quarters2: Yes

Exterior Features

  • Construction Type: Foundation Off Grade, Roof Composite Shngl, Wood Siding
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • ConstructionSiding:Siding Wood: Yes
  • ConstructionSiding:Foundation Off Grade: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Carport Attached
  • General Property Info:Garage2: No
  • Parking Features:Carport Attached: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall/Window
  • Heating Yn: Yes
  • Utilities: Public Sewer, Public Water

Schools

  • Elementary School: See Remarks
  • High School: See Remarks
  • Middle Or Junior School: See Remarks

Lot Info

  • Lot Size Sq Ft: 16117.2
  • Parcel #: 00000000-00-1920-0000
  • Zoning: City, Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2021
Sold by
Martinez Jesus
Bought by
Martinez Jesus and Pipitone Samuel
Current Estimated Value
$124,261

Purchase Details

Closed on
Jun 30, 2021
Sold by
Radar Equity Group Llc
Bought by
Martinez Jesus

Purchase Details

Listed on
Oct 19, 2020
Closed on
Dec 30, 2020
Sold by
Secretary Of Housing & Urban Development
Bought by
Radar Equity Group Llc
Seller's Agent
Brandy Brown
Southern Choice Properties Llc
List Price
$54,000
Sold Price
$54,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.94%

Purchase Details

Closed on
Jan 15, 2020
Sold by
Midfirst Bank
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Feb 22, 2001
Sold by
Betts R J Mrs and Betts Rosalind J
Bought by
Betts Rosalind J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.06%
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
Martinez Jesus -- Firm Title Corporation
Martinez Jesus $90,000 Firm Title Corporation
Radar Equity Group Llc $54,000 Sunshine Title Corporation
Secretary Of Housing & Urban Development $163,000 Attorney
Betts Rosalind J -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Betts Rosalind J $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $54,000 0.0% $19 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $54,000 -- $19 / Sq Ft
Source: Emerald Coast Association 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 $402 $44,299 -- --
2024 $369 $43,051 -- --
2023 $347 $41,797 $0 $0
2022 $323 $40,580 $0 $0
2021 $1,773 $83,942 $14,300 $69,642
2020 $2,762 $130,150 $14,300 $115,850
2019 $780 $79,471 $0 $0
2018 $770 $77,989 $0 $0
2017 $521 $76,385 $0 $0
2016 $515 $74,814 $0 $0
2015 $527 $74,294 $0 $0
2014 -- $73,704 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 842743

Emerald Coast Association of REALTORS®

APN: 00000000-00-1920-0000