$120,000
SOLD OCT 10, 2024

145 Otter Lake Rd Panacea, FL 32346

3 Beds
2 Baths
1,196 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$100 Per Sq Ft

17% Below List Price

40 Days on Market

Highlights

  • Traditional Architecture
  • Screened Porch
  • Handicap Accessible
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of October 2024

Handicap accessible home located in downtown Panacea. This home offers 3 bedrooms, 2 bathrooms, tile and laminate floors throughout, handicap shower in master bathroom, carport, screened back porch, fenced yard, and much more. Located within walking distance to the bay and park.

Last Agent to Sell the Property

Cristy Rivers

Bluewater Realty Group License #3189090 Listed on: 08/21/2024

Last Buyer's Agent

Heather Mary Webb

Frog Real Estate Company, LLC License #3243606

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,346

Year Built

  • Built in 1972

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced

Parking

  • 1 Carport Space

Home Design

  • Traditional Architecture
  • Brick Front

Interior Spaces

  • 1,196 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Screened Porch
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Handicap Accessible

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • Joseph Lee Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / G
  • Assessor Parcel Number 12129-23-5S-02W-056-02820-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,346

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Lot: 7
  • Miscellaneous: Fenced, Handicap Accessible
  • Road Frontage Type: Paved
  • Sold Price Per Sq Ft: 100.33
  • Style Exterior: Traditional/Classical
  • Subdivision: Joseph Lee Estates
  • Tax Database Id: 9
  • Tax Item Number: 23-5S-02W-056-02820-000
  • Type: Detached Single Family
  • L V T Date: 08/21/2024
  • Street Designation: Road
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1196
  • Year Built: 1972
  • Directions: 98W, R on Otter Lake Road, home on L
  • Elementary School: MEDART
  • Geo Longitude: -84.397718
  • High School: WAKULLA
  • Middle School: WAKULLA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile
  • Equipment: Refrigerator, Range/Oven
  • Floor Plan: Story - One
  • Kitchen Dim: 13X10
  • Living Area Description: Kitchen - Eat In, Separate Living Room
  • Master Bedroom Dim: 13X12
  • Other Rooms: Porch - Screened

Exterior Features

  • Construction: Brick 1 or 2 Sides
  • Number Of Acres: 0.17

Garage/Parking

  • Garage: Carport - 1 Car

Utilities

  • Heating: Central, Electric
  • Cooling: Central, Electric
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimensions: 98X75X98X75
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12129-23-5S-02W-056-02820-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Oct 10, 2024
Sold by
Nickell Gary and Nickell Colleen
Bought by
Argus Services Llc
Seller's Agent
Cristy Rivers
Bluewater Realty Group
Buyer's Agent
Heather Mary Webb
Frog Real Estate Company, LLC
List Price
$145,000
Sold Price
$120,000
Premium/Discount to List
-$25,000
-17.24%
Views
88
Current Estimated Value
$144,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,149
Avg. Annual Appreciation
23.17%

Purchase Details

Listed on
Dec 8, 2019
Closed on
Mar 6, 2020
Sold by
Reverse Mortgage Funding Llc
Bought by
Nickell Gary and Nickell Colleen
Buyer's Agent
Elaine Gary
Waypoint Properties
List Price
$115,000
Sold Price
$79,325
Premium/Discount to List
-$35,675
-31.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%

Purchase Details

Closed on
Nov 1, 2019
Sold by
Crum Audrey
Bought by
Reverse Mortgage Funding Llc
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 Type Sale Price Title Company
Warranty Deed $120,000 Owen Title
Special Warranty Deed $79,400 Shore To Shore Title Llc
Warranty Deed $102,816 Servicelink
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,000 New Conventional
Previous Owner $181,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $55,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold $120,000 -14.2% $100 / Sq Ft
09/05/2024 09/05/24 Price Changed $139,900 -3.5% $117 / Sq Ft
08/21/2024 08/21/24 For Sale $145,000 +82.8% $121 / Sq Ft
03/13/2020 03/13/20 Sold $79,325 -31.0% $66 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
12/09/2019 12/09/19 For Sale $115,000 -- $96 / 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 $1,346 $67,276 $5,000 $62,276
2023 $1,349 $67,213 $4,000 $63,213
2022 $1,240 $64,179 $4,000 $60,179
2021 $1,229 $62,377 $4,000 $58,377
2020 $1,144 $60,389 $4,000 $56,389
2019 $426 $45,805 $0 $0
2018 $420 $44,951 $0 $0
2017 $417 $44,026 $0 $0
2016 $406 $43,120 $0 $0
2015 $560 $42,820 $0 $0
2014 $559 $42,480 $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: 376269

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

APN: 23-5S-02W-056-02820-000