NOT LISTED FOR SALE

1371 Chip Morrison Dr Unit 6 Panacea, FL 32346

Saint Teresa-Alligator Point Neighborhood

Estimated Value: $231,736 - $546,000

0.45 Acres
$864,151 Price per Acre
19,602 Sq Ft Lot

Last Sold July 17, 2016

Last sale price $135,100 $169 Per Sq Ft

Est. 403% increase in value since last sale

Current estimated payment $3,714/month

8 Days on Market

About This Lot

As of July 2016

SOLD... Beautiful white sandy beach front Lot! Complete with Engineered and reinforced concrete seawall protects the 90x170 foot beachfront lot on the Gulf. Ready for that Craftsmen’s Beach Cottage you have always wanted. Quint neighborhood off the main road. One corner of Alligator Point has the Bird Sanctuary provide some of the best wildlife and bird viewing in the state. This property has a million dollar view of the Gulf of Mexico, come see for yourself.

Last Agent to Sell the Property

Sandy Lott

Lott Properties, LLC License #502610 Listed on: 05/25/2016

Last Buyer's Agent

Sandy Lott

Lott Properties, LLC License #502610 Listed on: 05/25/2016

Property Details

Property Type

  • Land

Lot Details

  • 0.45 Acre Lot
  • Property fronts gulf or ocean
  • Level Lot
  • Cleared Lot

Interior Spaces

  • 800 Sq Ft Home
  • Gulf Views

Location

  • In Flood Plain

Schools

  • Franklin County Middle School
  • Franklin County High School

Utilities

  • No Utilities
  • Water Available
  • Cable TV Available

Community Details

  • Penn Point Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / W
  • Assessor Parcel Number 12037-06-07S-01W-1046-000W-0060

Property Details

Property Type

Land

Lot Details

0.45 Acres

Listing Details

  • Restrictions: Mobile Homes - No
  • Class: Lots And Land
  • Lot: 6
  • Subdivision: Approved Subdiv.
  • Tax Database Id: 9
  • Tax Item Number: 06-07S-01W-1046-000W-0060
  • Type: Lots And Land
  • Category: Residential
  • Waterfront: Yes
  • L V T Date: 05/25/2016
  • Street Designation: Drive
  • Topography: Flood Plain, Level, Well Drained
  • Comprehensive Land Use: Rural
  • Development Status: Finished Lots
  • Environmental: Doc Not Available
  • List Price per Acre: 310888.89
  • Minimum House Size: 800
  • Options: Will Not Divide
  • Road Surfacefrontage: Paved
  • Sold Per Acre: 300222.22
  • Utlities Available: Electricity, Public Water, Sewer, Tv Cable, None At Present
  • Directions: From CC head (S) on Hwy 319 turn (R) at Hwy 98. turn (L) over bridge onto Alligator Point. To (R)
  • Elementary School: OTHER
  • Geo Longitude: -84.379318
  • High School: Franklin County High School
  • Middle School: Franklin County Middle School
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: Gulf
  • View: Gulf
  • Access: Maint - Govt.
  • Number Of Acres: 0.45

Utilities

  • Water: None At Present
  • Sewer: City Sewer Available

Condo/Co-op/Association

  • Unit: 6

Lot Info

  • Lot Dimensions: 278x140X271X140
  • Lot Description: Regular
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12037-06-07S-01W-1046-000W-0060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2023
Sold by
Graffus Shannon
Bought by
Blanke Jennifer and Blanke Kent
Current Estimated Value
$680,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$70,561
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$318,307

Purchase Details

Listed on
May 25, 2016
Closed on
Jul 1, 2016
Sold by
Dixon Sheryl R
Bought by
Graffus Shannon
Seller's Agent
Sandy Lott
Lott Properties, LLC
Buyer's Agent
Sandy Lott
Lott Properties, LLC
List Price
$139,900
Sold Price
$135,100
Premium/Discount to List
-$4,800
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.58%
Original Mortgage
$101,250
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 2013
Sold by
Morgan Robert W
Bought by
Dixon Sheryl R

Purchase Details

Closed on
Sep 12, 2011
Sold by
Boutin N Richard and Boutin Deborah H
Bought by
Morgan Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 26, 2001
Sold by
Lea Michael G and Lea Dee C
Bought by
Richard Boutin N and Richard Deborah H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Blanke Jennifer $235,000 Wakulla Title
Graffus Shannon $135,100 Wakulla Title Company Inc
Dixon Sheryl R -- Attorney
Morgan Robert W $51,000 Stewart Title Company
Richard Boutin N $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blanke Jennifer $135,000
Previous Owner Graffus Shannon $101,250
Previous Owner Morgan Robert W $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2016 07/17/16 Sold $135,100 -3.4% $169 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $139,900 -- $175 / 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 $2,563 $285,120 $285,120 --
2024 $2,111 $196,020 $196,020 --
2023 $1,899 $179,388 $179,388 $0
2022 $1,850 $179,388 $179,388 $0
2021 $1,877 $179,388 $179,388 $0
2020 $1,909 $179,388 $179,388 $0
2019 $1,876 $178,200 $178,200 $0
2018 $1,699 $142,560 $0 $0
2017 $1,523 $124,740 $0 $0
2016 $1,209 $83,250 $0 $0
2015 $1,156 $78,750 $0 $0
2014 $1,166 $78,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sandy Lott

    Seller's Agent in 2016

    Sandy Lott

    Lott Properties, LLC

    (850) 926-1010

    13 Total Sales

    Sandy Lott
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Map

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

MLS Number: 269995

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

APN: 06-07S-01W-1046-000W-0060

Florida Franklin County Panacea 32346 Saint Teresa-Alligator Point

1371 Chip Morrison Dr Unit 6, Panacea, FL

Not Listed for Sale

Lots

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