NOT LISTED FOR SALE

1371 Chip Morrison Dr Panacea, FL 32346

Saint Teresa-Alligator Point Neighborhood

Estimated Value: $232,594 - $612,000

0.35 Acre
$1,206,563 Price per Acre
15,246 Sq Ft Lot

Last Sold April 20, 2023

Last sale price $235,000 $235 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,422/month

275 Days on Market

About This Lot

As of April 2023

Opportunity to own one of the few remaining beachfront vacant lots with endless views of the Gulf of Mexico. Located in the coastal community of Alligator Point on Florida's Forgotten Coast on a quiet, friendly street with no through traffic. Explore abundant nature, enjoy numerous outdoor activities or just relax - all without even having to leave your property. Bald Point State Park, Alligator Harbor and the Marina are just down the road, two golf courses are within 20 miles and nearby towns include Apalachicola, St. George Island and Tallahassee.

Last Agent to Sell the Property

Debbie Brett

Keller Williams Town & Country License #3294336 Listed on: 07/02/2022

Keller Williams Town & Country

Last Buyer's Agent

Debbie Brett

Keller Williams Town & Country License #3294336 Listed on: 07/02/2022

Keller Williams Town & Country

Property Details

Property Type

  • Land

Lot Details

  • 0.35 Acre Lot
  • Property fronts gulf or ocean

Interior Spaces

  • 1,000 Sq Ft Home
  • Gulf Views

Schools

  • Franklin County High School

Utilities

  • Gas Available
  • Septic Needed
  • Phone Available
  • Cable TV Available

Community Details

  • Pennisular 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

Listing Details

  • Restrictions: Mobile Homes - No, No Further Subdividing
  • Class: Lots And Land
  • Lot: 6
  • Subdivision: Recorded
  • 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: 07/02/2022
  • Street Designation: Drive
  • Topography: Dry
  • Comprehensive Land Use: Outside Urban Serv.
  • Development Status: Raw Land
  • List Price per Acre: 671425.71
  • Minimum House Size: 1000
  • Options: Will Not Divide
  • Road Surfacefrontage: Paved
  • Utlities Available: Electricity, Gas, Public Water, Telephone, Tv Cable
  • Directions: HWY 98, turn onto Alligator Dr (CR 370), turn left on Chip Morrison Dr, Lot is on the right w/ sign.
  • Elementary School: OTHER
  • Geo Longitude: -84.3792301693115
  • High School: Franklin County High School
  • Middle School: OTHER
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: Gulf
  • View: Gulf
  • Access: Maint - Govt., Paved
  • Number Of Acres: 0.35

Utilities

  • Water: City
  • Sewer: Septic Tank Required

Lot Info

  • Lot Dimensions: 90x181x90x153
  • Lot Description: Acres-Less Than 1
  • 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

Listed on
Jul 2, 2022
Closed on
Apr 17, 2023
Sold by
Graffus Shannon
Bought by
Blanke Jennifer and Blanke Kent
Seller's Agent
Debbie Brett
Keller Williams Town & Country
Buyer's Agent
Debbie Brett
Keller Williams Town & Country
List Price
$234,999
Sold Price
$235,000
Premium/Discount to List
$1
0.0%
Views
15
Current Estimated Value
$422,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,297
Avg. Annual Appreciation
23.95%
Original Mortgage
$135,000
Outstanding Balance
$70,561
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$351,736

Purchase Details

Closed on
Jul 1, 2016
Sold by
Dixon Sheryl R
Bought by
Graffus Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
04/20/2023 04/20/23 Sold $235,000 0.0% $235 / Sq Ft
09/25/2022 09/25/22 Off Market $235,000 -- --
07/02/2022 07/02/22 For Sale $234,999 -- $235 / 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
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

  • Debbie Brett

    Seller's Agent in 2023

    Debbie Brett

    Keller Williams Town & Country

    (850) 210-8036

    125 in this area

    189 Total Sales

    Debbie Brett
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Map

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

MLS Number: 348247

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, Panacea, FL

Not Listed for Sale

Lots

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