NOT LISTED FOR SALE

1479 Alligator Dr Panacea, FL 32346

Saint Teresa-Alligator Point Neighborhood

Estimated Value: $902,664 - $1,300,000

3 Beds
3 Baths
2,515 Sq Ft
$441/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $890,000 $354 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,372/month

130 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Traditional Architecture
  • Breakfast Bar
  • Open Floorplan
  • Sun or Florida Room
  • 1-Story Property

About This Home

As of March 2022

This amazing house on Alligator Point is the Perfect Spot to catch the rays and listen to the waves as they wash up on the white sandy beaches of the Gulf Coast. Alligator Point's exclusive quiet beaches are a highly sought-after mecca of relaxation and tranquility. If you have checked out the fishing, it's world-class and attracts fisherman from all over to these warm shallow waters teaming with schools of redfish, trout, and flounder. Enjoy your fresh catch at the local eateries where generations of fishermen have prepared the best in seafood dishes. One of the largest and highest lots on the Gulf at Alligator Point. Well protected from storms with high natural elevation, metal roof, storm shutters, and concrete construction.

Last Agent to Sell the Property

Paul Parker

Harbor Point Realty License #513931 Listed on: 09/13/2021

Last Buyer's Agent

Debbie Brett

Keller Williams Town & Country License #3294336

Keller Williams Town & Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,895

Year Built

  • Built in 1961

Lot Details

  • 0.46 Acre Lot
  • Property fronts gulf or ocean

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,515 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Electric Fireplace
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Driveway

Schools

  • Franklin County Middle School
  • Franklin County High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Septic Tank

Community Details

  • Penn Point Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / I
  • Assessor Parcel Number 12037-06-07S-01W-1042-000I-0010

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,895

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Lot: 1
  • Miscellaneous: Septic Tank
  • Road Frontage Type: Paved
  • Sold Price Per Sq Ft: 353.88
  • Style Exterior: Traditional/Classical
  • Subdivision: Penn Point
  • Tax Database Id: 9
  • Tax Item Number: 06-07S-01W-1042-000I-0010
  • Type: Detached Single Family
  • Waterfront: Yes
  • L V T Date: 09/08/2021
  • Street Designation: Drive
  • Number Of Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Estimated Sq Ft: 2515
  • Year Built: 1961
  • Directions: US-319 S and US-98 W to Alligator Dr. Home on the left
  • Elementary School: OTHER COUNTY
  • Geo Longitude: -84.392645
  • High School: Franklin County High School
  • Middle School: Franklin County Middle School
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment: Dishwasher, Dryer, Refrigerator, Washer, Range/Oven
  • Floor Plan: Story - One, Bedroom - Split Plan
  • Kitchen Dim: 8x19
  • Living Area Description: Kitchen with Bar, Combo Living Rm/DiningRm, Open Floor Plan
  • Master Bedroom Dim: 14x15
  • Other Rooms: Pantry, Sunroom

Exterior Features

  • Construction: Concrete Block
  • Frontageview: Gulf Frontage, Gulf View
  • Number Of Acres: 0.46

Garage/Parking

  • Garage: Driveway Only, Garage - 2 Car

Utilities

  • Heating: Central, Electric, Fireplace - Electric
  • Cooling: Central, Electric, Fans - Ceiling
  • Water Heater: Electric

Schools

  • Elementary School: OTHER COUNTY
  • Middle School: Franklin County Middle School
  • High School: Franklin County High School

Lot Info

  • Lot Dimensions: 115x174x115x174
  • Geo Subdivision: FL

Tax Info

  • Taxes: 4254
  • Assessor Parcel Number: 12037-06-07S-01W-1042-000I-0010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Mar 28, 2022
Sold by
2020 Cynthia Morgan Revocable Trust
Bought by
Wright Austin Scheffel and Mcrae Sarah Kathryn
Seller's Agent
Paul Parker
Harbor Point Realty
Buyer's Agent
Debbie Brett
Keller Williams Town & Country
List Price
$950,000
Sold Price
$890,000
Premium/Discount to List
-$60,000
-6.32%
Total Days on Market
130
Current Estimated Value
$1,108,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,166
Avg. Annual Appreciation
7.93%
Original Mortgage
$712,000
Outstanding Balance
$672,316
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$461,255

Purchase Details

Listed on
Aug 4, 2017
Closed on
Nov 22, 2017
Sold by
Recupero Michael and Recupero Lisa H
Bought by
Morgan Cynthia
Seller's Agent
Susan Jones
Bluewater Realty Group
List Price
$499,900
Sold Price
$399,000
Premium/Discount to List
-$100,900
-20.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.20%

Purchase Details

Closed on
Mar 18, 2010
Sold by
Recupero Michael
Bought by
Recupero Michael and Recupero Lisa H
Source: Public Records

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Range of Values:

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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
Wright Austin Scheffel $890,000 --
Morgan Cynthia $399,000 Owen Title Co Inc
Recupero Michael -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Austin Scheffel $712,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $890,000 0.0% $354 / Sq Ft
02/27/2022 02/27/22 Off Market $890,000 -- --
09/13/2021 09/13/21 For Sale $950,000 +138.1% $378 / Sq Ft
11/22/2017 11/22/17 Sold $399,000 -20.2% $203 / Sq Ft
08/04/2017 08/04/17 For Sale $499,900 -- $255 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
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 $5,895 $557,468 $332,062 $225,406
2023 $5,499 $482,701 $303,888 $178,813
2022 $5,103 $435,293 $303,888 $131,405
2021 $4,058 $364,019 $0 $0
2020 $4,254 $358,993 $0 $0
2019 $4,285 $350,922 $0 $0
2018 $4,453 $344,379 $0 $0
2017 $3,277 $260,834 $0 $0
2016 $3,199 $255,469 $0 $0
2015 $3,760 $291,975 $0 $0
2014 $3,800 $292,578 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paul Parker

    Seller's Agent in 2022

    Paul Parker

    Harbor Point Realty

    (850) 349-9599

    131 in this area

    327 Total Sales

    Paul Parker
    Section Image
  • Debbie Brett

    Buyer's Agent in 2022

    Debbie Brett

    Keller Williams Town & Country

    (850) 210-8036

    125 in this area

    184 Total Sales

    Debbie Brett
    Section Image
  • Susan Jones

    Seller's Agent in 2017

    Susan Jones

    Bluewater Realty Group

    (850) 566-7584

    409 Total Sales

    Susan Jones
    Section Image
See All Agents

Map

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

MLS Number: 337047

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

APN: 06-07S-01W-1042-000I-0010

Florida Franklin County Panacea 32346 Saint Teresa-Alligator Point

1479 Alligator Dr, Panacea, FL

This home is located at 1479 Alligator Dr, Panacea, FL 32346 since 13 September 2021 and is currently estimated at $1,108,166, approximately $440 per square foot. This property was built in 1961. 1479 Alligator Dr is a home located in Franklin County with nearby schools including Franklin County School.

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