NOT LISTED FOR SALE

Estimated Value: $1,209,953 - $2,759,000

6 Beds
4 Baths
2,850 Sq Ft
$590/Sq Ft Est. Value

Last Sold March 07, 2019

Last sale price $500,000 $175 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $9,918/month

47 Days on Market

Highlights

  • Property fronts gulf or ocean
  • 0.56 Acre Lot
  • Screened Porch
  • Bay View
  • Wood Flooring
  • Cottage

About This Home

As of March 2019

Iconic Alligator Point beachfront home featuring property that expands from Gulf to Bay. This home has 6 bedrooms,4 full baths, storage shed, garage, porch overlooking Gulf. With a bit of TLC, this property has the potential to be updated for a fraction of the price of building new. Detailed woodwork throughout. Dock on bayside lot with boat lift gives you the option of keeping your boat steps from your front door. Located on one of the best beaches in the county. Sold in As Is condition, by a motivated seller. Great rental history averaging over 20k in income a year.

Last Agent to Sell the Property

Jason Naumann

The Naumann Group Real Estate License #642623 Listed on: 11/13/2018

The Naumann Group Real Estate

Co-Listed By

Erika Watson

The Naumann Group Real Estate License #3266227

Last Buyer's Agent

Jason Naumann

The Naumann Group Real Estate License #642623 Listed on: 11/13/2018

The Naumann Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,122

Year Built

  • Built in 1947

Lot Details

  • 0.56 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor

Parking

  • 1 Car Garage

Property Views

  • Bay
  • Gulf

Home Design

  • Cottage
  • Asbestos Siding

Interior Spaces

  • 2,850 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Screened Porch
  • Wood Flooring
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Upstairs
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Franklin County Middle School
  • Franklin County High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Multiple Water Heaters
  • Water Heater
  • Septic Tank

Community Details

  • Penn Point Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 12037-02-07S-02W-1045-000R-0040

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,122

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Residential
  • Lot: 4
  • Miscellaneous: Septic Tank
  • Road Frontage Type: Paved
  • Sold Price Per Sq Ft: 175.44
  • Style Exterior: Cottage
  • Subdivision: Penn Point
  • Tax Database Id: 9
  • Tax Item Number: 02-07S-02W-1045-000R-0040
  • Type: Detached Single Family
  • Waterfront: Yes
  • L V T Date: 12/12/2018
  • Street Designation: Drive
  • Number Of Bedrooms: 6
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Estimated Sq Ft: 2850
  • Year Built: 1947
  • Directions: From Tallahassee take 319 south to US-98 W. Turn Left on Alligator Drive. House will be on left.
  • Elementary School: OTHER COUNTY
  • Geo Longitude: -84.401068
  • High School: Franklin County High School
  • Middle School: Franklin County Middle School
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Refrigerator w/Ice, Washer, Stove
  • Fireplace: Yes
  • Floor Plan: Story - Two MBR Up
  • Kitchen Dim: 13x15
  • Living Area Description: Separate Kitchen
  • Master Bedroom Dim: 15x25
  • Other Room Description: 6th Bedroom
  • Other Room Dim: 8x10
  • Other Rooms: Porch - Screened

Exterior Features

  • Construction: Siding - Asbestos, Crawl Space
  • Frontageview: Bay Frontage, Gulf Frontage, Bay View, Gulf View
  • Number Of Acres: 0.56

Garage/Parking

  • Garage: Garage - 1 Car

Utilities

  • Heating: Central, Electric, Fireplace - Wood, Heat Pump
  • Cooling: Central, Electric, Fans - Ceiling
  • Water Heater: 2+ Heaters, Electric
  • Utility Provider: OTH: Local to County

Schools

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

Lot Info

  • Lot Dimensions: 96x374x89x361
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12037-02-07S-02W-1045-000R-0040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2020
Sold by
Rb Asset Management Llc
Bought by
Manausa Robert M and Manausa Nicole D
Current Estimated Value
$1,680,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$963,050
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 13, 2018
Closed on
Mar 7, 2019
Sold by
Webster Jacqueline Long
Bought by
Rb Asset Managemnet Llc
Seller's Agent
Jason Naumann
The Naumann Group Real Estate
Buyer's Agent
Jason Naumann
The Naumann Group Real Estate
List Price
$699,000
Sold Price
$500,000
Premium/Discount to List
-$199,000
-28.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.39%

Purchase Details

Closed on
Mar 11, 2008
Sold by
Long Hight D and Thornberry Marcia Deeb
Bought by
Webster Jacqueline Long and Long Joseph Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.63%
Mortgage Type
Credit Line Revolving
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
Manausa Robert M $1,133,000 None Listed On Document
Rb Asset Managemnet Llc $500,000 Attorney
Webster Jacqueline Long -- Padgett Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manausa Robert $211,797
Closed Manausa Robert M $963,050
Previous Owner Webster Jacqueline Long $500,000
Previous Owner Thornberry Marcia Deeb $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2019 03/07/19 Sold $500,000 -28.5% $175 / Sq Ft
12/12/2018 12/12/18 For Sale $699,000 -- $245 / 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 $9,122 $895,876 $400,950 $494,926
2023 $8,459 $766,411 $366,930 $399,481
2021 $8,093 $654,583 $366,930 $287,653
2020 $6,716 $508,439 $366,930 $141,509
2019 $5,799 $474,925 $371,250 $103,675
2018 $5,349 $388,517 $0 $0
2017 $4,709 $320,454 $0 $0
2016 $4,728 $321,576 $0 $0
2015 $4,593 $309,201 $0 $0
2014 $4,641 $309,763 $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: 300933

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

APN: 02-07S-02W-1045-000R-0040