NOT LISTED FOR SALE

131 W Sugar Sand Mexico Beach, FL 32456

Estimated Value: $370,402 - $467,000

0.2 Acre
$1,989,361 Price per Acre
8,800 Sq Ft Lot

Last Sold March 01, 2022

Last sale price $296,000

Est. 36% increase in value since last sale

Current estimated payment $2,709/month

103 Days on Market

About This Lot

As of March 2022

Developer Release!! An oversized 3rd tier lot in the much anticipated and finally a reality - Sugar Sand Subdivision. A New Exclusive Super High End and High Tech SMART Neighborhood that will have such features as 1 Gig internet and other cutting edge technology throughout! 80' x 110' gives lots of room for a wide home and pool/lanai. 1st tier and interior lots can build at least one full story higher than the gulf front homes, therefore having unobstructed gulf/sunset views. Amenities include: private gated access, gulf front community building with gym and resort style pool, palm lined streets, reflective gas lantern lighting, large 15' wide boardwalk with golf cart access to the beach, and the list goes on. This is truly a one of a kind opportunity! All lots in Sugar Sand qualify for up to 90% financing! Call for details!

Last Agent to Sell the Property

Zach Ferrell

NAI Talcor - PSJ License #3102406 Listed on: 09/30/2021

NAI Talcor - PSJ

Last Buyer's Agent

Zach Ferrell

NAI Talcor - PSJ License #3102406 Listed on: 09/30/2021

NAI Talcor - PSJ

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,774

Lot Details

  • 8,800 Sq Ft Lot
  • Lot Dimensions are 80 x 110

HOA Fees

  • $208 Monthly HOA Fees

Property Views

  • Gulf Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Exclusions: 0
  • Assessor Parcel Number 04102300640

Community Details

Overview

  • Sugar Sand Subdivision

Security

  • Controlled Access

Property Details

Property Type

Land

Est. Annual Taxes

$3,774

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Directions: Crossing the Mexico Beach bridge heading west on Hwy 98. Go 1.5 miles and see the new entrance cut into the new subdivision.
  • Inclusions: 0
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.202
  • Lot Size: 80 x 110
  • Road Surface Type: Paved
  • Subdivision Name: Sugar Sand
  • Special Features: None

Exterior Features

  • Exclusions: 0
  • Lot Features: See Remarks
  • View: Gulf, Water
  • View: Yes
  • Waterfront: No
  • Disclosures: See Remarks

Utilities

  • Utilities: Natural Gas Available, Phone Available, Natural Gas Connected, Cable Available, Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 2500
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 8800
  • Additional Parcels: No
  • Parcel #: 04102300640
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2024
Sold by
Farmdale Llc
Bought by
Mcshurley Timothy D and Mcshurley Ashley Drake
Current Estimated Value
$401,851

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
Outstanding Balance
$297,359
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$104,492

Purchase Details

Closed on
Jul 10, 2024
Sold by
Burley Arthur and Burley Angela
Bought by
Farmdale Llc

Purchase Details

Listed on
Sep 30, 2021
Closed on
Feb 25, 2022
Sold by
Farmdale Llc
Bought by
Burley Arthur and Burley Angela
Seller's Agent
Zach Ferrell
NAI Talcor - PSJ
Buyer's Agent
Zach Ferrell
NAI Talcor - PSJ
List Price
$289,000
Sold Price
$296,000
Premium/Discount to List
$7,000
2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%
Original Mortgage
$296,000
Interest Rate
2.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mcshurley Timothy D $375,000 None Listed On Document
Farmdale Llc $289,000 None Listed On Document
Burley Arthur $296,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcshurley Timothy D $300,000
Previous Owner Burley Arthur $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $296,000 +2.4% --
01/12/2022 01/12/22 Pending -- -- --
09/30/2021 09/30/21 For Sale $289,000 -- --
Source: Forgotten Coast REALTOR® Association

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 $3,774 $312,708 $312,708 --
2023 $3,774 $301,336 $301,336 $0
2022 $1,810 $156,131 $0 $0
2021 $1,688 $141,937 $141,937 $0
2020 $2,049 $170,549 $170,549 $0
2019 $2,090 $174,193 $174,193 $0
2018 $495 $40,628 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 309120

Forgotten Coast REALTOR® Association

APN: 04102-300-640