NOT LISTED FOR SALE

1648 Alligator Dr Unit 318B Panacea, FL 32346

Saint Teresa-Alligator Point Neighborhood

Estimated Value: $623,828 - $716,000

4 Beds
3 Baths
2,005 Sq Ft
$332/Sq Ft Est. Value

Last Sold June 13, 2017

Last sale price $450,000 $224 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,090/month

77 Days on Market

Highlights

  • Waterfront
  • Vaulted Ceiling
  • No HOA
  • Deck
  • Engineered Wood Flooring
  • Covered Patio or Porch

About This Home

As of June 2017

Words can't even describe how fantastic this bay front home is! You have to see this in person to truly take it all in & appreciate the value. The current owner took this home down to the studs and completely renovated it from floor to ceiling. Home features include custom trim detail, custom cabinetry, top of the line floors, granite counters, designer lighting, all new plumbing & electrical, iconyne insulation, outdoor cook area, high-end windows & doors, and so much more. For $489,900 the seller is offering it fully furnished with custom designed furniture that perfects the look & feel of this coastal retreat.

Last Agent to Sell the Property

Jason Naumann

Naumann Group Real Estate License #642623 Listed on: 02/23/2017

Last Buyer's Agent

Jason Naumann

Naumann Group Real Estate License #642623 Listed on: 02/23/2017

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,541

Year Built

  • Built in 2002 | Remodeled

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 20 x 60
  • Waterfront

Home Design

  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 2,005 Sq Ft Home
  • Tray Ceiling
  • Vaulted Ceiling
  • Window Treatments
  • Living Room
  • Dining Area
  • Engineered Wood Flooring
  • Water Views

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Pelican Bay Townhouse Resort Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0307S02W1100000B0080

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,541

Year Built

Built in 2002 | Remodeled

Lot Details

0

Listing Details

  • Directions: Crawfordville Rd/US-319/US-98S 20 miles from CCSE. R to stay on 98 S. L on ALligator Dr/CR370.
  • Prop. Type: Residential
  • Property Sub Type: Townhouse,Condominium
  • Lot Size Acres: 0.03
  • Lot Size: 20 x 60
  • Road Surface Type: Paved
  • Subdivision Name: Pelican Bay Townhouse Resort
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Year Built: 2002
  • NAV22_Room4Name: Additional Bedroom
  • NAV22_ResortRentalYN: No
  • NAV22_Room3Name: Additional Bedroom
  • NAV22_Room7Name: Master Bedroom
  • NAV22_Room2Name: Additional Bedroom
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room6Name: Kitchen
  • NAV22_Room1Name: Living Room
  • NAV22_Room5Name: Dining Area
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Disposal, Microwave, Refrigerator w/Ice Maker, Electric Oven
  • Furnished: Unfurnished
  • Interior Amenities: Ceiling Treyed/Coffered, Vaulted Ceiling(s), Renovated
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Simulated Wood
  • Living Area: 2005
  • Window Features: Window Treatment Some

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • View: Water
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Pilings
  • Patio And Porch Features: Balcony, Deck, Covered Porch
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Electric, Other
  • Heating: Central Electric
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 1306.8
  • Additional Parcels: No
  • Parcel #: 0307S02W1100000B0080
  • Zoning Description: Residential Multi-Family
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2021
Sold by
Thomas William Lamar and Thomas Brooke Suber
Bought by
Kohler Jonathan and Kohler Erica
Current Estimated Value
$678,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Outstanding Balance
$335,837
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$357,480

Purchase Details

Listed on
Feb 23, 2017
Closed on
Jun 13, 2017
Sold by
Benners Brad S and Benners Jennifer W
Bought by
Thomas William Lamar and Thomas Brooke Suber
Seller's Agent
Jason Naumann
Naumann Group Real Estate
Buyer's Agent
Jason Naumann
Naumann Group Real Estate
List Price
$449,900
Sold Price
$450,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$360,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2015
Sold by
Mitchell Emmett and Paige Mitchell J
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Aug 24, 2004
Sold by
Miller Wilton R
Bought by
W Stanley Proctor Sr Revoc Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,200
Interest Rate
5.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2004
Sold by
Miller Wilton R
Bought by
W Stanley Proctor Sr Revoc Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,200
Interest Rate
5.96%
Mortgage Type
New Conventional
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
Kohler Jonathan $470,000 North Florida Title Company
Thomas William Lamar $450,000 Owen Title Company Inc
Branch Banking & Trust Company -- None Available
W Stanley Proctor Sr Revoc Trust $500,000 --
W Stanley Proctor Sr Revoc Trust $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kohler Jonathan $368,000
Previous Owner Thomas William Lamar $360,000
Previous Owner W Stanley Proctor Sr Revoc Trust $410,200
Previous Owner W Stanley Proctor Sr Revoc Trust $410,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2017 06/13/17 Sold $450,000 0.0% $224 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $449,900 -- $224 / Sq Ft
Source: Forgotten Coast REALTOR® Association

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 $4,541 $484,301 $1 $484,300
2023 $3,875 $337,601 $1 $337,600
2021 $3,979 $337,601 $1 $337,600
2020 $4,491 $337,601 $1 $337,600
2019 $4,640 $337,601 $1 $337,600
2018 $4,765 $337,601 $0 $0
2017 $4,313 $297,601 $0 $0
2016 $4,037 $288,961 $0 $0
2015 $3,595 $242,221 $0 $0
2014 $3,432 $242,221 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Naumann

    Seller's Agent in 2017

    Jason Naumann

    Naumann Group Real Estate

    (850) 933-0328

    8 in this area

    258 Total Sales

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 258620

Forgotten Coast REALTOR® Association

APN: 03-07S-02W-1100-000B-0080

Florida Franklin County Panacea 32346 Saint Teresa-Alligator Point

1648 Alligator Dr Unit 318B, Panacea, FL

This home is located at 1648 Alligator Dr Unit 318B, Panacea, FL 32346 since 23 February 2017 and is currently estimated at $664,707, approximately $331 per square foot. This property was built in 2002. 1648 Alligator Dr Unit 318B is a home located in Franklin County with nearby schools including Franklin County School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Forgotten Coast REALTOR® Association Property information provided by the FCRA MLS – a service of the Forgotten Coast REALTOR® Association.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.

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