NOT LISTED FOR SALE

162 Cypress St Freeport, FL 32439

Estimated Value: $252,920 - $316,000

0.89 Acre
$315,708 Price per Acre
38,768 Sq Ft Lot

Last Sold December 14, 2020

Last sale price $170,000

Est. 65% increase in value since last sale

Current estimated payment $1,534/month

173 Days on Market

Highlights

  • Marina
  • Fishing
  • 0.89 Acre Lot
  • Freeport Middle School Rated A-

About This Lot

As of December 2020

Looking for a lot close to the bay, look no further! Location is between Bluewater Bay and Freeport. Less than 1/2 mile to the public boat launch at Choctaw Beach park!. 15 minutes or less to Destin Commons and the beach! Improved lot is a former homestead, just under an acre, with an existing 50x35 shop and an 17x25 attached game room! More than 50k spent on landscaping, walkways and driveway! The property includes a well, septic and power! It would be perfect for anyone looking for space to park their RV while building! The property sits on two buildable lots with no HOA and has access to the bay! Bring your plans and start your dream home. All sizes are approximate.

Last Agent to Sell the Property

Lisa Hughley and Associates

Classic Luxury Real Estate LLC Listed on: 04/27/2020

Last Buyer's Agent

Gabriel Jaime

World Impact Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 0.89 Acre Lot
  • Lot Dimensions are 187x203x187x204

Schools

  • Freeport Elementary And Middle School
  • Freeport High School

Utilities

  • Private Company Owned Well
  • Well
  • Septic Tank

Community Details

  • Marina
  • Fishing

Listing and Financial Details

  • Assessor Parcel Number 19-1S-20-32000-019-0240

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.89
  • Lot Size: 187x203x187x204
  • Directions: 331 South to Hwy 20, take a left and travel 12 miles , turn left on Choctaw drive, right onto Cypress St, home site is on the right. From Midbay to Hwy 20, take a right and travel 5 miles, take a right onto Choctaw Dr, right on Cypress St and home site is on the right
  • Remarks Misc:Remarks: Looking for a lot close to the bay, look no further! Location is between Bluewater Bay and Freeport. Less than 1/2 mile to the public boat launch at Choctaw Beach park!. 15 minutes or less to Destin Commons and the beach! Improved lot is a former homestead, just under an acre, with an existing 50x35 shop and an 17x25 attached game room! More than 50k spent on landscaping, walkways and driveway! The property includes a well, septic and power! It would be perfect for anyone looking for space to park their RV while building! The property sits on two buildable lots with no HOA and has access to the bay! Bring your plans and start your dream home. All sizes are approximate.
  • Utilities Electric: Yes
  • Utilities:Septic Tank: Yes
  • Utilities:Private Well: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Within 1/2 Mile to Water
  • Lot Features:Within 12 Mile to Water: Yes

Utilities

  • Utilities: Electric, Private Well, Septic Tank

Condo/Co-op/Association

  • Community Features: Fishing, Marina

Schools

  • Elementary School: Freeport
  • High School: Freeport
  • Middle Or Junior School: Freeport

Lot Info

  • Lot Size Sq Ft: 38768.4
  • Parcel #: 19-1S-20-32000-019-0240
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2020
Closed on
Dec 15, 2020
Sold by
Cheatham Howard A and Cheatham Djuna M
Bought by
Kirkland Kenneth and Kirkland Matilda
Seller's Agent
Lisa Hughley and Associates
Classic Luxury Real Estate LLC
Buyer's Agent
Gabriel Jaime
World Impact Real Estate
List Price
$170,000
Sold Price
$170,000
Current Estimated Value
$280,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,980
Avg. Annual Appreciation
10.44%
Original Mortgage
$136,000
Outstanding Balance
$85,537
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$195,443

Purchase Details

Closed on
May 19, 2005
Sold by
Giang Quang and Giang Maria C
Bought by
Q & N Development Llc

Purchase Details

Closed on
Apr 20, 2005
Sold by
Cheatham Howard A
Bought by
Cheatham Djuna M and Cheatham Crystal

Purchase Details

Closed on
Apr 15, 2005
Sold by
Cheatham Howard A and Cheatham Djuna M
Bought by
Q & N Development Llc
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
Kirkland Kenneth $170,000 Setco Services Llc
Q & N Development Llc -- Twin Cities Land Title Inc
Giang Quang $165,000 Twin Cities Land Title Inc
Cheatham Howard A -- Twin Cities Land Title Inc
Cheatham Djuna M -- --
Q & N Development Llc $140,000 Peoples Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirkland Kenneth $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2020 12/14/20 Sold $170,000 0.0% --
10/17/2020 10/17/20 Pending -- -- --
04/27/2020 04/27/20 For Sale $170,000 -- --
Source: Emerald Coast Association 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 $809 $135,661 $120,000 $15,661
2024 $775 $118,193 $102,000 $16,193
2023 $775 $47,835 $0 $0
2022 $382 $46,001 $27,736 $18,265
2021 $354 $39,533 $22,886 $16,647
2020 $308 $33,300 $19,760 $13,540
2019 $54 $30,924 $0 $0
2018 $49 $30,347 $0 $0
2017 $44 $29,723 $0 $0
2016 $56 $30,944 $0 $0
2015 $55 $30,729 $0 $0
2014 $128 $30,485 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 833166

Emerald Coast Association of REALTORS®

APN: 19-1S-20-32000-019-0240