NOT LISTED FOR SALE

2 Grouper St Panacea, FL 32346

Saint Teresa-Alligator Point Neighborhood

Estimated Value: $378,033 - $466,000

2 Beds
1 Bath
952 Sq Ft
$444/Sq Ft Est. Value

Last Sold March 03, 2020

Last sale price $200,000 $210 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,434/month

2 Days on Market

Highlights

  • Gulf View
  • Separate Formal Living Room
  • Cottage
  • Wood Flooring
  • Screened Porch
  • Eat-In Kitchen

About This Home

As of March 2020

True Old Florida style beach cottage nestled amongst the windswept live oaks of Bald Point just steps away from the white sands of the Gulf of Mexico. This 2 bedroom 1 bath cottage is set atop on an old dune 17 feet above sea level blessing it with a generous view from its high and dry location while offering the convenience of no stairs or elevators. Better still, Bald Point State Park, a 6000 acre nature preserve surrounds and insulates this little community, and offers great access to some of the best inshore fishing in the area with multiple canoe and kayak launches, hiking trails, and some of the best birding and wildlife watching in the state just steps from the front door. Enjoy the low key relaxed beach atmosphere that brings to mind Florida beaches of yesteryear but still an easy drive to amenities like world class golf courses, dinner and music venues, full service marinas, and unique coastal shopping in the nearby beach towns. Used as a vacation rental most of the year this quaint beach retreat grossed nearly $30,000 in rentals in 2019 and is a strong income producer. Seller financing possible.

Last Agent to Sell the Property

Josh Brown

Waypoint Properties License #3029165 Listed on: 02/04/2020

Last Buyer's Agent

Paul Parker

Harbor Point Realty License #513931

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Cottage
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 952 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Separate Formal Living Room
  • Screened Porch
  • Gulf Views

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Schools

  • Franklin County Middle School
  • Franklin County High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • Southern Dunes Subdivision

Listing and Financial Details

  • Legal Lot and Block 31 / 3
  • Assessor Parcel Number 12037-28-06S-01W-1051-0003-0310

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Residential
  • Lot: 31
  • Miscellaneous: Shower Stall, Some Wind Treatments
  • Road Frontage Type: Paved
  • Sold Price Per Sq Ft: 210.08
  • Style Exterior: Cottage
  • Subdivision: Southern Dunes
  • Tax Database Id: 9
  • Tax Item Number: 28-06S-01W-1051-0003-0310
  • Type: Detached Single Family
  • L V T Date: 02/04/2020
  • Street Designation: Street
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Estimated Sq Ft: 952
  • Year Built: 1974
  • Directions: S Hwy 319 to W on Hwy 98, Left on Alligator Dr, Left on Bald Point Road, Left on Grouper Street.
  • Elementary School: OTHER COUNTY
  • Geo Longitude: -84.334793
  • High School: Franklin County High School
  • Middle School: Franklin County Middle School
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Equipment: Dryer, Refrigerator w/Ice, Washer, Stove
  • Floor Plan: Story - One
  • Kitchen Dim: 12x10
  • Living Area Description: Kitchen - Eat In, Separate Living Room
  • Master Bedroom Dim: 12x9
  • Other Rooms: Porch - Screened

Exterior Features

  • Construction: Brick 4 Sides
  • Frontageview: Gulf View
  • Number Of Acres: 0.16

Garage/Parking

  • Garage: Driveway Only

Utilities

  • Heating: Central, Electric
  • Cooling: Central, Electric, Fans - Ceiling
  • Water Heater: Electric
  • Utility Provider: OTH: Local to County

Lot Info

  • Lot Dimensions: 95x76x95x76
  • Geo Subdivision: FL

Tax Info

  • Taxes: 914
  • Assessor Parcel Number: 12037-28-06S-01W-1051-0003-0310

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2020
Closed on
Mar 3, 2020
Sold by
Spotted Grouper Llc
Bought by
Sommers Sheree
Seller's Agent
Josh Brown
Waypoint Properties
Buyer's Agent
Paul Parker
Harbor Point Realty
List Price
$219,000
Sold Price
$200,000
Premium/Discount to List
-$19,000
-8.68%
Current Estimated Value
$422,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,758
Avg. Annual Appreciation
13.75%
Original Mortgage
$150,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2014
Sold by
Whitworth Joel and Whitworth Jean Allise
Bought by
To Spotted Grouper Llc

Purchase Details

Closed on
Oct 30, 2001
Sold by
Conner Beverly
Bought by
Whitworth Joel W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
6.74%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sommers Sheree $200,000 Wakulla Title Company Inc
To Spotted Grouper Llc -- Attorney
Whitworth Joel W $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sommers Sheree $150,000
Previous Owner Whitworth Joel W $79,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2020 03/03/20 Sold $200,000 -8.7% $210 / Sq Ft
02/04/2020 02/04/20 For Sale $219,000 -- $230 / 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
2025 $2,544 $299,304 $90,000 $209,304
2024 $2,459 $300,908 $90,000 $210,908
2023 $2,258 $257,145 $90,000 $167,145
2022 $2,027 $212,694 $90,000 $122,694
2021 $1,794 $160,936 $45,000 $115,936
2020 $1,421 $154,062 $45,000 $109,062
2019 $1,009 $81,859 $42,000 $39,859
2018 $950 $69,772 $0 $0
2017 $0 $69,772 $0 $0
2016 $0 $110,264 $0 $0
2015 -- $110,264 $0 $0
2014 -- $110,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Brown

    Seller's Agent in 2020

    Josh Brown

    Waypoint Properties

    (850) 528-6385

    23 in this area

    249 Total Sales

    Josh Brown
    Section Image
  • Paul Parker

    Buyer's Agent in 2020

    Paul Parker

    Harbor Point Realty

    (850) 349-9599

    110 in this area

    275 Total Sales

    Paul Parker
    Section Image
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Map

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

MLS Number: 315284

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

APN: 28-06S-01W-1051-0003-0310

Florida Franklin County Panacea 32346 Saint Teresa-Alligator Point

2 Grouper St, Panacea, FL

Not Listed for Sale

Detached

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