NOT LISTED FOR SALE

216 Levy Bay Rd Panacea, FL 32346

Estimated Value: $368,600 - $442,000

1.76 Acres
$222,955 Price per Acre
76,666 Sq Ft Lot

Last Sold May 21, 2024

Last sale price $330,000 $550 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,424/month

42 Days on Market

About This Lot

As of May 2024

Almost 2 acres on Dickerson Bay! There is a 2500 square foot concrete home on the property that has little or no value. Do not enter. Flood zone VE.

Last Agent to Sell the Property

Charlotte Brown

Bluewater Realty Group License #3185868 Listed on: 03/15/2024

Last Buyer's Agent

Lee Hall

Capital City Real Estate Group License #3438946

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,428

Lot Details

  • 1.76 Acre Lot
  • Property Fronts a Bay or Harbor
  • Level Lot
  • Cleared Lot

Interior Spaces

  • 600 Sq Ft Home
  • Bay Views

Schools

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

Utilities

  • Phone Available

Community Details

  • Recorded Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12129-25-5S-02W-000-03245-000

Property Details

Property Type

Land

Est. Annual Taxes

$3,428

Lot Details

0

Listing Details

  • Restrictions: No Further Subdividing
  • Class: Lots And Land
  • Subdivision: Recorded
  • Tax Database Id: 9
  • Tax Item Number: 25-5S-02W-000-03245-000
  • Type: Lots And Land
  • Category: Recreational/Coastal, Residential
  • Waterfront: Yes
  • L V T Date: 03/19/2024
  • Street Designation: Road
  • Topography: Level
  • Comprehensive Land Use: Outside Urban Serv.
  • Development Status: Finished Lots
  • List Price per Acre: 213068.18
  • Minimum House Size: 600
  • Options: Will Not Divide
  • Road Surfacefrontage: Government Maint., Paved
  • Sold Per Acre: 187500
  • Utlities Available: Electricity, Public Water, Telephone
  • Directions: Hwy 98 S to Panacea, Left on Levy Bay, home down on the right.
  • Elementary School: MEDART
  • Geo Longitude: -84.384836
  • High School: WAKULLA
  • Middle School: WAKULLA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: Bay
  • View: Bay
  • Access: Maint - Govt., Paved
  • Number Of Acres: 1.76
  • Structures: Residence (No Value)

Utilities

  • Water: City
  • Sewer: City Sewer Available

Schools

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

Lot Info

  • Lot Dimensions: 92x605x107x655
  • Lot Description: Acres-1 Or More, Regular
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12129-25-5S-02W-000-03245-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
May 21, 2024
Sold by
Hoffecker Mildred L
Bought by
Swell Real Estate Inv Inc
Seller's Agent
Charlotte Brown
Bluewater Realty Group
Buyer's Agent
Lee Hall
Capital City Real Estate Group
List Price
$375,000
Sold Price
$330,000
Premium/Discount to List
-$45,000
-12%
Views
54
Current Estimated Value
$392,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,400
Avg. Annual Appreciation
7.20%
Original Mortgage
$422,400
Outstanding Balance
$72,428
Interest Rate
6.88%
Mortgage Type
Construction
Estimated Equity
$287,796

Purchase Details

Closed on
Feb 1, 2021
Sold by
Hoffecker Mildred L
Bought by
Kelly Melva

Purchase Details

Closed on
May 10, 2018
Sold by
Kelly Melvia
Bought by
Hoffecker Mildred L
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Swell Real Estate Inv Inc $330,000 None Listed On Document
Kelly Melva -- Accommodation
Hoffecker Mildred L -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Swell Real Estate Inv Inc $422,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $330,000 -12.0% $550 / Sq Ft
03/19/2024 03/19/24 For Sale $375,000 -- $625 / 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 $3,428 $224,070 $75,000 $149,070
2023 $3,484 $227,240 $75,000 $152,240
2022 $3,380 $219,478 $75,000 $144,478
2021 $3,694 $237,226 $75,000 $162,226
2020 $3,533 $230,898 $75,000 $155,898
2019 $3,457 $221,116 $75,000 $146,116
2018 $3,173 $204,900 $75,000 $129,900
2017 $3,017 $177,810 $0 $0
2016 $3,030 $161,645 $0 $0
2015 $2,688 $146,950 $0 $0
2014 $2,722 $144,393 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charlotte Brown

    Seller's Agent in 2024

    Charlotte Brown

    Bluewater Realty Group

    (850) 508-8022

    121 Total Sales

    Charlotte Brown
    Section Image
  • Lee Hall

    Buyer's Agent in 2024

    Lee Hall

    Capital City Real Estate Group

    (850) 322-6723

    41 Total Sales

    Lee Hall
    Section Image
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Map

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

MLS Number: 369850

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

APN: 25-5S-02W-000-03245-000

Florida Wakulla County Panacea 32346

216 Levy Bay Rd, Panacea, FL

This home is located at 216 Levy Bay Rd, Panacea, FL 32346 since 15 March 2024 and is currently estimated at $392,400, approximately $654 per square foot. 216 Levy Bay Rd is a home located in Wakulla County with nearby schools including Medart Elementary School, Wakulla High School, and Wakulla Middle 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.

Capital Area Technology & REALTOR® Services (Tallahassee Board 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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