NOT LISTED FOR SALE

135 Otter Lake Rd Panacea, FL 32346

Estimated Value: $154,000 - $269,000

3 Beds
2 Baths
1,357 Sq Ft
$145/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $48,000 $35 Per Sq Ft

Est. 307% increase in value since last sale

Current estimated payment $1,132/month

34 Days on Market

Highlights

  • Traditional Architecture
  • Sun or Florida Room
  • 1-Story Property
  • Separate Formal Living Room
  • Handicap Accessible
  • Brick Front

About This Home

As of September 2016

Brick front home with lots of potential. Handicapped Assessable. Three bedroom, two bath home with sunroom, office or potential for fourth bedroom with it's own entrance. Large master suite includes huge bathroom with "roll-in" shower. Wood cabinets in kitchen with tile backsplash. Appliances include not only range/oven, refrigerator with ice-maker and dishwasher, but also a washer and dryer! Lot is over a third of an acre and the backyard is fenced and has a big shed. Home has a one-car carport which previous owner used for a nice covered porch. Close to Rivers and bay for those who like to fish or just enjoy the beauty of nature. Also close to restaurants, stores, post office and more. Close to what you need, but situated in quiet area and backs up to 12 acre timberland parcel and has a two acre parcel on one side belonging to the county. Does the price sound to good to be true for all of this? I'd say yes and there is a reason. Home does need TLC such as flooring, painting, some new interior doors and an AC unit. Home has central heat, but AC unit is missing. Previous owner used two window units which are installed in the home and work.

Last Agent to Sell the Property

Corey Dolan

Bluewater Realty Group License #3321159 Listed on: 07/20/2016

Last Buyer's Agent

Paul Parker

Harbor Point Realty License #513931

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $752

Year Built

  • Built in 1972

Lot Details

  • 0.37 Acre Lot
  • Fenced

Parking

  • 1 Carport Space

Home Design

  • Traditional Architecture
  • Brick Front

Interior Spaces

  • 1,357 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Separate Formal Living Room
  • Sun or Florida Room
  • Carpet

Kitchen

  • Oven
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible

Schools

  • Medart Elementary School
  • Wakulla Middle School
  • Wakulla High School

Utilities

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

Community Details

  • Joseph Lee Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 & 5 / G

Home Details

Home Type

Single Family

Est. Annual Taxes

$752

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Lot: 4 & 5
  • Miscellaneous: Fenced, Handicap Accessible
  • Road Frontage Type: Paved
  • Sold Price Per Sq Ft: 35.37
  • Style Exterior: Traditional/Classical
  • Subdivision: Joseph Lee Estates
  • Tax Item Number: 23-5S-02W-056-02818-001
  • Type: Detached Single Family
  • L V T Date: 07/21/2016
  • Street Designation: Road
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1357
  • Year Built: 1972
  • Directions: TURN ON TO OTTER LAKE ROAD FROM HWY. 98. HOME ON LEFT JUST AFTER THE WOMANS CLUB.
  • Elementary School: MEDART
  • Geo Longitude: -84.3972091674805
  • High School: WAKULLA
  • Middle School: WAKULLA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet
  • Equipment: Dishwasher, Dryer, Oven(s), Refrigerator, Washer, Stove
  • Floor Plan: Story - One
  • Kitchen Dim: 12X10
  • Living Area Description: Separate Living Room
  • Master Bedroom Dim: 18X12
  • Other Room Description: Sunroom
  • Other Room Dim: 11X10
  • Other Rooms: Pantry, Sunroom

Exterior Features

  • Construction: Brick 1 or 2 Sides
  • Number Of Acres: 0.37

Garage/Parking

  • Garage: Carport - 1 Car

Utilities

  • Heating: Central
  • Cooling: Fans - Ceiling, Window/Wall Unit
  • Water Heater: Electric
  • Utility Provider: OTH: Local to County

Schools

  • Elementary School: MEDART
  • Middle School: WAKULLA
  • High School: WAKULLA

Lot Info

  • Lot Dimensions: 83 X 210 X 80 X 200
  • Geo Subdivision: FL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2016
Closed on
Sep 23, 2016
Sold by
Smith Lesley C
Bought by
Earl Carol and Earl Charles
Seller's Agent
Corey Dolan
Bluewater Realty Group
Buyer's Agent
Paul Parker
Harbor Point Realty
List Price
$50,000
Sold Price
$48,000
Premium/Discount to List
-$2,000
-4%
Current Estimated Value
$195,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,216
Avg. Annual Appreciation
15.63%

Purchase Details

Closed on
Mar 4, 2005
Sold by
Smith Lesley C and Smith Angela C
Bought by
Smith Judith Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2000
Sold by
Feehan Jane R
Bought by
Smith Judith A
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
Earl Carol $48,000 Wakulla Title Company Inc
Smith Judith Ann -- --
Smith Judith A $50,000 Wakulla Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Judith Ann $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $48,000 -4.0% $35 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $50,000 -- $37 / 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
2024 $752 $47,549 -- --
2023 $734 $46,164 $0 $0
2022 $629 $44,819 $0 $0
2021 $568 $40,528 $0 $0
2020 $508 $39,968 $0 $0
2019 $499 $39,069 $0 $0
2018 $487 $38,341 $0 $0
2017 $887 $40,431 $0 $0
2016 $1,180 $57,728 $0 $0
2015 $1,210 $56,936 $0 $0
2014 $271 $55,222 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 272195

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

APN: 23-5S-02W-056-02818-001