NOT LISTED FOR SALE

1316 Brown Rd Defuniak Springs, FL 32433

Estimated Value: $942,000

3 Beds
2 Baths
4,800 Sq Ft
$196/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $1,500,000 $312 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $5,013/month

310 Days on Market

Highlights

  • Home fronts a pond
  • Pond
  • Vaulted Ceiling
  • 645 Acre Lot
  • Wooded Lot
  • Fireplace

About This Home

As of July 2017

Magnolia Ranch is a 645 acre Florida Licensed Hunting Preserve, one of only 180 licensed Hunting Preserves in the State of Florida. The lodge & managers home total 4800 S.F. with a total of 7 bedrooms & 5 baths. The ranch is stocked with Axis Deer, Black Buck Antelope and Whitetail Deer bred from select 200 count Boone & Crockett bloodlines. The owners of Magnolia Ranch have taken great time, effort, and planning to build one of Northwest Florida's premier private game preserves. Access to all parts of the ranch is made available by over 8 miles of clay roads suitable for travel by two wheel drive vehicles. The ranch has over 5 miles of high game fencing which includes 7 outside gates. The game fencing alone cost over $200,000.00. Shown by appointment

Last Agent to Sell the Property

Bruce Naylor

Naylor Realty And Associates License #3200732 Listed on: 07/20/2016

Last Buyer's Agent

Bruce Naylor

Abbott & Andrews Realty Inc

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $701

Year Built

  • Built in 2011

Lot Details

  • 645 Acre Lot
  • Home fronts a pond
  • Property fronts a county road
  • Cross Fenced
  • Property is Fully Fenced
  • Wooded Lot
  • Property is zoned County, See Remarks

Home Design

  • Farm

Interior Spaces

  • 4,800 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Pond
  • Built-In Barbecue

Schools

  • Maude Saunders Elementary School
  • Walton Middle School
  • Walton High School

Utilities

  • Central Air
  • Private Company Owned Well
  • Well
  • Septic Tank

Community Details

  • Magnolia Ranch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07-4N-19-20000-003-0000

Property Details

Property Type

Other

Est. Annual Taxes

$701

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Property Sub Type: Farm
  • Prop. Type: Residential
  • Lot Size Acres: 645.0
  • Lot Size: irregular
  • Road Frontage Type: County Road
  • Subdivision Name: MAGNOLIA RANCH
  • Directions: Hwy 83 N to Hwy 1084. turn L. go to Brown Rd. Turn right. Look for the high fencing with black out cloth on the R.
  • Architectural Style: Ranch
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2011
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electric: Yes
  • Energy:AC - Central Elect: Yes
  • Utilities:Septic Tank: Yes
  • Utilities:Private Well: Yes
  • Waterfront:Pond: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Vaulted, Fireplace
  • Master Bedroom:First: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Fencing: Cross Fenced, Fenced
  • Lot Features: Wooded
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Exterior Features: BBQ Pit/Grill, Fenced Lot-All, Fireplace
  • Other Structures: Barn(s)
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Fireplace2: Yes
  • Exterior:Fenced Lot-All: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Private Well, Septic Tank

Schools

  • Elementary School: Maude Saunders
  • High School: Walton
  • Middle Or Junior School: Walton

Lot Info

  • Lot Size Sq Ft: 28096200.0
  • Parcel #: 07-4N-19-20000-003-0000
  • Zoning: County, See Remarks
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2016
Closed on
Jul 7, 2017
Sold by
Star Distribution Systems Inc
Bought by
Harris Hunting Preserve Llc
Seller's Agent
Bruce Naylor
Naylor Realty And Associates
Buyer's Agent
Bruce Naylor
Abbott & Andrews Realty Inc
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$942,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$558,000
Avg. Annual Appreciation
-5.45%
Original Mortgage
$1,125,000
Outstanding Balance
$935,967
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$6,033

Purchase Details

Closed on
Nov 5, 2009
Sold by
R & J Farm Llc and Rockman Keith L
Bought by
Farm Credit Of Northwest Florida Ca

Purchase Details

Closed on
Dec 23, 2003
Sold by
Andrews Angus G
Bought by
R & J Farm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2003
Sold by
Kaup Karl and Kaup Frankie R
Bought by
Andrews Angus G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2003
Sold by
Andrews Angus G
Bought by
Herring Ronald and Herring David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2003
Sold by
Edwards Lanier J
Bought by
Andrews Angus G
Source: Public Records

Range of Values:

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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
Harris Hunting Preserve Llc $1,500,000 Mitchell Land & Title Inc
Farm Credit Of Northwest Florida Ca -- None Available
R & J Farm Llc $480,000 --
Andrews Angus G -- --
Herring Ronald -- --
Andrews Angus G $324,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Hunting Preserve Llc $1,125,000
Previous Owner R & J Farm Llc $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2017 07/14/17 Sold $1,500,000 0.0% $313 / Sq Ft
07/14/2017 07/14/17 Sold $1,500,000 0.0% -- View Prior Sale
05/26/2017 05/26/17 Pending -- -- --
05/26/2017 05/26/17 Pending -- -- --
07/20/2016 07/20/16 For Sale $1,500,000 0.0% $313 / Sq Ft
12/14/2015 12/14/15 For Sale $1,500,000 -- --
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
2024 $701 $83,875 -- --
2023 $701 $84,264 $0 $0
2021 $766 $81,599 $50,202 $31,397
2020 $766 $79,065 $50,202 $28,863
2019 $769 $80,419 $51,235 $29,184
2018 $742 $76,525 $0 $0
2017 $743 $76,358 $50,793 $25,565
2016 $733 $74,534 $48,694 $25,840
2015 $748 $74,809 $48,694 $26,115
2014 $732 $72,055 $45,940 $26,115
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 757343

Emerald Coast Association of REALTORS®

APN: 07-4N-19-20000-003-0000