NOT LISTED FOR SALE

17661 Us Highway 331 S Freeport, FL 32439

Freeport Area

Estimated Value: $361,555

1 Bed
1 Bath
964 Sq Ft
$375/Sq Ft Est. Value

Sale Details

Date Sold: November 23, 2022

Last sale price $350,000 $363 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,416 / mo

94 Days on Market

Highlights

  • Docks
  • Property fronts a bayou
  • Wetlands on Lot
  • Freeport Middle School Rated A-
  • 1.01 Acre Lot
  • Wooded Lot

About This Home

As of November 2022

Catch spectacular sunrises and sunsets from this unique 1.012 acres Commercial property offering 262' of frontage on the Lagrange Bayou which leads to Choctawhatchee Bay and 98' of Paved Road frontage US Hwy 331 S.

This beautiful property offers many options for Commercial use property as well as gorgeous setting for a restaurant, doctor's office/law office or a lovely new residential home. (The general commercial use allows for (1) residential home to be built.)

Property is being sold ''As Is''. Not eligible for a home loan due to the condition of the home. The existing old cabin on the property has not been given any value. It needs extensive repairs and may not meet currently zoning requirements. It is the buyer's responsibility to verify building codes & zoning regulations. Zoned General Commercial. However, property is partially located in within the Freeport city limits & partially within the county.

Last Agent to Sell the Property

Beverly Buck

Coldwell Banker Realty License #3444968 Listed on: 07/20/2022

Coldwell Banker Realty

Last Buyer's Agent

Travis Wilburn

Berkshire Hathaway Home Services PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $624

Year Built

  • Built in 1943

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 98' x 260' x 114' x 261'
  • Property fronts a bayou
  • Property fronts a state road
  • Wooded Lot
  • Property is zoned City, Commercial,

Home Design

  • Cabin
  • Repairs Needed
  • Frame Construction
  • Piling Construction

Interior Spaces

  • 964 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Docks
  • Wetlands on Lot
  • Porch

Location

  • Flood Insurance May Be Required

Schools

  • Freeport Elementary And Middle School
  • Freeport High School

Utilities

  • Underground Utilities
  • Water Tap Fee Is Paid
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 27-1S-19-23000-004-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$624

Year Built

Built in 1943

Lot Details

1.01 Acres

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 1.01
  • Lot Size: 98' x 260' x 114' x 261'
  • Road Frontage Type: County Road, State Road
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: From Hwy 98 Take US Hwy 331 North towards Freeport FL to Approx 8 miles. Property will be on the right.
  • Architectural Style: Cabin
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1943
  • ResoBuildingAreaSource: Appraiser
  • Remarks Misc:Remarks: Catch spectacular sunrises and sunsets from this unique 1.012 acres Commercial property offering 262' of frontage on the Lagrange Bayou which leads to Choctawhatchee Bay and 98' of Paved Road frontage US Hwy 331 S. This beautiful property offers many options for Commercial use property as well as gorgeous setting for a restaurant, doctor's office/law office or a lovely new residential home. (The general commercial use allows for (1) residential home to be built.) Property is being sold ''As Is''. Not eligible for a home loan due to the condition of the home. The existing old cabin on the property has not been given any value. It needs extensive repairs and may not meet currently zoning requirements. It is the buyer's responsibility to verify building codes & zoning regulations.
  • Utilities:Public Water: Yes
  • Utilities:Septic Tank: Yes
  • Utilities:Tap Fee Paid: Yes
  • Utilities:Underground: Yes
  • Waterfront:Bayou: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Lot Features: Flood Insurance Req, Survey Available, Wetlands, Wooded
  • Waterfront Features: Bayou
  • Waterfront: Yes
  • Construction Type: Foundation On Piling, Frame
  • Exterior Features: Dock, Needs Work, Porch
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Flood Insurance Req: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • ConstructionSiding:Frame: Yes
  • Lot Features:Wetlands: Yes
  • Exterior:Dock: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Utilities: Public Water, Septic Tank, Tap Fee Paid, Underground

Schools

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

Lot Info

  • Lot Size Sq Ft: 43995.6
  • Parcel #: 27-1S-19-23000-004-0000
  • Zoning: City, Commercial,
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 624.12
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Nov 23, 2022
Sold by
Bought by
Seller's Agent
Beverly Buck
Coldwell Banker Realty
Buyer's Agent
Travis Wilburn
Berkshire Hathaway Home Services PenFed Realty
List Price
$450,000
Sold Price
$350,000
Premium/Discount to List
-$100,000
-22.22%
Views
1
Current Estimated Value
$361,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,555
Avg. Annual Appreciation
0.89%
Original Mortgage
$250,000
Interest Rate
0.0708%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$350,000 Shoreline Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $250,000
Previous Owner $97,760
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/23/2022 11/23/22 Sold $350,000 0.0% $363 / Sq Ft
10/22/2022 10/22/22 Pending -- -- --
09/17/2022 09/17/22 Price Changed $350,000 -12.5% $363 / Sq Ft
08/11/2022 08/11/22 Price Changed $399,900 -11.1% $415 / Sq Ft
07/20/2022 07/20/22 For Sale $450,000 -- $467 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,348 $400,847 $264,600 $136,247
2024 $3,793 $403,123 $264,600 $138,523
2023 $3,793 $284,991 $264,600 $20,391
2022 $1,076 $78,318 $67,063 $11,255
2021 $624 $63,515 $55,125 $8,390
2020 $570 $53,640 $46,305 $7,335
2019 $554 $52,111 $44,982 $7,129
2018 $545 $50,989 $0 $0
2017 $742 $71,991 $65,205 $6,786
2016 $746 $71,769 $0 $0
2015 $756 $71,564 $0 $0
2014 $766 $71,564 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Beverly Buck

    Seller's Agent in 2022

    Beverly Buck

    Coldwell Banker Realty

    (850) 333-0413

    309 Total Sales

    Beverly Buck
    Section Image

  • T

    Buyer's Agent in 2022

    Travis Wilburn

    Berkshire Hathaway Home Services PenFed Realty

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 887200

Emerald Coast Association of REALTORS®

APN: 27-1S-19-23000-004-0000

Florida Walton County Freeport 32439

17661 Us Highway 331 S, Freeport, FL

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.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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