NOT LISTED FOR SALE

1878 Gap Blvd Chipley, FL 32428

Estimated Value: $202,000 - $362,000

2 Beds
1.5 Baths
1,226 Sq Ft
$243/Sq Ft Est. Value

Sale Details

Date Sold: July 1, 2015

Last sale price $190,000 $155 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,700 / mo

31 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Central Heating and Cooling System
  • Contemporary Architecture

About This Home

As of July 2015

Beautiful waterfront home on Gap Lake. This comfortable 2 bedroom 1 1/2 bath home sits on 2 acres of peninsula type land high on a bluff. Home is well designed to take advantage of the views offered by the lake. Home lives larger than the indicated square footage. Features spacious living area with a fireplace and views of the water. Kitchen is well laid out and also features views of the water. Bedrooms share a jack and jill bath and there is a second guest half bathroom in the hallway. One car garage with auto garage door opener. Garage could be converted to a 3rd bedroom if needed. Enjoy the day outside on the two level deck, or relax in the comfort of the screened room. Wander down the stone pavers to the fishing dock and covered boat house. Gap Lake is well known for the great bass fishing. Lot is lovingly landscaped to enjoy the serenity of waterfront living. Home is set well back from the road to enjoy privacy. Make your appointment to see this one. I am sure you will not be disappointed!

Last Agent to Sell the Property

Jim Palmer

Chipola Realty, Chipley Office Listed on: 02/23/2016

Last Buyer's Agent

Jim Palmer

Chipola Realty, Chipley Office Listed on: 02/23/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,633

Year Built

  • Built in 1991

Lot Details

  • 2.02 Acre Lot
  • Lake Front

Home Design

  • Contemporary Architecture

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Vernon Elementary School
  • Vernon Middle School
  • Vernon High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Gap Cove Estates Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,633

Year Built

Built in 1991

Lot Details

2.02 Acres

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 2.02
  • Lot Size: irregular
  • Subdivision Name: Gap Cove Estates
  • Architectural Style: Contemporary
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Dining Room Type: Bedroom, Primary Bedroom

Exterior Features

  • Waterfront Features: Lake, Lake Front
  • Waterfront: Yes

Utilities

  • Utilities: Electricity Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Vernon

Lot Info

  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 1633.0
  • Tax Year: 2015

MLS Schools

  • Elementary School: Vernon Elementary
  • High School: Vernon

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
Feb 23, 2016
Closed on
Jul 1, 2015
Sold by
Bought by
Seller's Agent
Jim Palmer
Chipola Realty, Chipley Office
Buyer's Agent
Jim Palmer
Chipola Realty, Chipley Office
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%
Current Estimated Value
$297,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,410
Avg. Annual Appreciation
4.17%
Original Mortgage
$167,887
Outstanding Balance
$130,083
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$167,327
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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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
$190,000 Florida Land Title & Tr Co
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 $167,887
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
06/20/2022 06/20/22 Off Market $190,000 -- --
07/01/2015 07/01/15 Sold $190,000 -2.6% $155 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $195,000 -- $159 / Sq Ft
Source: Central Panhandle 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 $1,233 $129,842 -- --
2024 $1,150 $126,183 -- --
2023 $1,103 $121,389 $0 $0
2022 $1,064 $117,853 $0 $0
2021 $1,050 $114,420 $0 $0
2020 $1,036 $112,840 $0 $0
2019 $1,040 $110,303 $37,500 $72,803
2018 $1,262 $122,192 $0 $0
2017 $1,276 $119,679 $0 $0
2016 $1,264 $117,217 $0 $0
2015 $1,633 $98,593 $0 $0
2014 $1,721 $103,093 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 641590

Central Panhandle Association of REALTORS®

APN: 00000000-00-0569-0101

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