NOT LISTED FOR SALE

163 Pelican Way Panacea, FL 32346

Estimated Value: $511,000 - $737,292

4 Beds
3.5 Baths
3,120 Sq Ft
$202/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $489,000 $157 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,321/month

Highlights

  • Home fronts a pond
  • Open Floorplan
  • Recreation Room
  • Lake View
  • Deck
  • Traditional Architecture

About This Home

As of February 2022

Find Your Way Home to this Pond Front Estate Home on 6.79 acres. Custom Designed and Engineered with over 3000 sqft heated and cooled and more than 7000 sqft under roof! Featuring 4 bed/3.5 baths, this high end home features a large master suite with huge custom bathroom, granite counter tops, his and hers closets and private screened porch. All extra bedrooms come with their own private bath, walk in closets and screen porches as well. Really a showcase home with high vaulted ceilings and cupolas on every peak letting the natural light into every room. Wrap around porches for taking in the natural beauty of the two separate lots that make up this home site. That's just Upstairs! Downstairs there's an air conditioned work out room over 600 sqft! Enclosed Garages for all the toys, a workshop and storage rooms all fully enclosed and secure under home. Back yard is fenced and ready for the pets. 2nd Lot can be sold separately

Last Agent to Sell the Property

Josh Brown

Waypoint Properties License #3029165 Listed on: 02/18/2022

Last Buyer's Agent

Josh Brown

Waypoint Properties License #3029165 Listed on: 02/18/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,302

Year Built

  • Built in 2008

Lot Details

  • 6.79 Acre Lot
  • Home fronts a pond
  • Partially Fenced Property

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 3,120 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Entrance Foyer
  • Great Room
  • Separate Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Lake Views
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Water Heater

Community Details

  • Silver Glen Subdivision

Listing and Financial Details

  • Tax Lot 7&8
  • Assessor Parcel Number 12129-03-6S-02W-209-03702-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,302

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: Residential
  • Lot: 7&8
  • Miscellaneous: 9 + Foot Ceilings, Cathedral/Vault/Tray, Deck, Fenced - Partial, Public Sewer, Horse Potential
  • Road Frontage Type: Maint - Gvt., Paved
  • Sold Price Per Sq Ft: 156.73
  • Style Exterior: Traditional/Classical
  • Subdivision: Silver Glen
  • Tax Database Id: 9
  • Tax Item Number: 03-6S-02W-209-03702-008
  • Type: Detached Single Family
  • L V T Date: 02/28/2022
  • Street Designation: Way
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Estimated Sq Ft: 3120
  • Year Built: 2008
  • Directions: Hwy 98 s to Surf Rd to right on Pelican Way
  • Elementary School: MEDART
  • Geo Longitude: -84.420646
  • High School: WAKULLA
  • Middle School: WAKULLA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile
  • Equipment: Dishwasher, Dryer, Microwave, Oven(s), Refrigerator, Security Syst Equip-Owned, Washer, Stove
  • Floor Plan: Story - One, Bedroom - Split Plan
  • Kitchen Dim: 12x12
  • Living Area Description: Separate Family Room, Great Room, Kitchen with Bar, Separate Dining Room, Separate Kitchen, Separate Living Room, Open Floor Plan
  • Master Bedroom Dim: 16x12
  • Other Room Description: Downstairs Work Out Room
  • Other Room Dim: 32x21
  • Other Rooms: Foyer, Garage Enclosed, Porch - Covered, Porch - Screened, Recreation Room - Outside, Study/Office, Utility Room - Inside, Bonus Room

Exterior Features

  • Construction: Siding - Vinyl
  • Frontageview: Pond Frontage, Lake View
  • Number Of Acres: 6.79

Garage/Parking

  • Garage: Garage - 3+ Car

Utilities

  • Heating: Central, Heat Pump
  • Cooling: Central, Electric
  • Water Heater: Electric
  • Utility Provider: OTH: Local to County

Schools

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

Lot Info

  • Lot Dimensions: 144x750x361x655
  • Geo Subdivision: FL

Tax Info

  • Taxes: 4288
  • Assessor Parcel Number: 12129-03-6S-02W-209-03702-008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Feb 22, 2022
Sold by
Morgan Dennis E
Bought by
Demay Sandra-Sue and Redding Kenneth
Seller's Agent
Josh Brown
Waypoint Properties
Buyer's Agent
Josh Brown
Waypoint Properties
List Price
$489,900
Sold Price
$489,000
Premium/Discount to List
-$900
-0.18%
Current Estimated Value
$681,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,394
Avg. Annual Appreciation
11.16%
Original Mortgage
$464,550
Outstanding Balance
$436,257
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$270,490

Purchase Details

Closed on
Nov 10, 2003
Sold by
Elberta Crate & Box Co
Bought by
Morgan Dennis E and Morgan Valerie M
Source: Public Records

Range of Values:

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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
Demay Sandra-Sue $489,000 Wakulla Title
Morgan Dennis E $60,400 Stewart Title Of Tallahassee
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demay Sandra-Sue $464,550
Previous Owner Morgan Dennis $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 For Sale $489,900 +0.2% $157 / Sq Ft
02/25/2022 02/25/22 Sold $489,000 -- $157 / 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 $7,302 $555,587 $28,000 $527,587
2023 $7,426 $562,506 $28,000 $534,506
2022 $6,537 $479,709 $28,000 $451,709
2021 $5,832 $388,833 $13,600 $375,233
2020 $5,519 $372,625 $13,600 $359,025
2019 $5,242 $347,588 $13,600 $333,988
2018 $4,812 $313,416 $13,600 $299,816
2017 $3,878 $283,423 $0 $0
2016 $4,023 $277,594 $0 $0
2015 $4,177 $275,664 $0 $0
2014 $4,227 $270,613 $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: 342724

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

APN: 03-6S-02W-209-03702-008