NOT LISTED FOR SALE

Estimated Value: $23,035 - $421,000

0.21 Acre
$1,057,229 Price per Acre
9,148 Sq Ft Lot

Last Sold September 06, 2013

Last sale price $9,000

Est. 2,367% increase in value since last sale

Current estimated payment $1,236/month

750 Days on Market

Highlights

  • Boat Dock
  • Fishing
  • Community Pool
  • Golf Course Community
  • Pine Trees
  • Tennis Courts

About This Lot

As of September 2013

Beautiful building lot on the 13th Fairway of the most prestigous golf course in NW Florida. St. James Bay has a wonderful atmosphere with a luxurious resort area feel. The Crooked River Grill is a magnificant restaurant with local seafood and other specialty dishes. Homeowners have access to the pool and tennis court, as well as, the bayfront area with gazebo, picnic area, dock and playground equipment. Lanark public boat marina is only minutes away to give fishermen access to the best Bay and Gulf fishing found along our beautiful forgotten coast. Seller will consider owner financing.

Last Agent to Sell the Property

Donna Maloy

Sea Crest Real Estate, Inc. License #3022348 Listed on: 08/10/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $198

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 73 x 120
  • Property fronts a highway
  • Palmetto Ground Covering
  • Pine Trees
  • Zoning described as County,Deed Restrictions,Residential Single Family

HOA Fees

  • $40 Monthly HOA Fees

Location

  • Property is near a golf course

Listing and Financial Details

  • Assessor Parcel Number 0507S03W1000000D0100

Community Details

Overview

  • St James Bay Subdivision
  • The community has rules related to covenants

Amenities

  • Community Gazebo
  • Picnic Area
  • Meeting Room

Recreation

  • Boat Dock
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Property Details

Property Type

Land

Est. Annual Taxes

$198

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Directions: Hwy 98 E 9 miles from downtown Carrabelle. Turn right at entrance of St. James Bay Golf & Country Club. Take first right on Royal Tern Way, lot is on the left on the 13th Fairway. Sign on Property.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.21
  • Lot Size: 73 x 120
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Subdivision Name: St James Bay
  • Special Features: None

Exterior Features

  • Lot Features: Build to Suit, Covenants/Restrictions, Near Golf Course, Restrictions, Within 1/2 Mile of Water
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 480
  • Community Features: Community Room, Dock, Fishing, Golf, Pavillion/Gazebo, Picnic Area, Playground, Pool, Tennis Court(s)
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Additional Parcels: No
  • Parcel #: 0507S03W1000000D0100
  • Zoning Description: County,Deed Restrictions,Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2025
Sold by
Martinko Mark J
Bought by
Mark J Martinko Trust and Martinko
Current Estimated Value
$222,018

Purchase Details

Listed on
Aug 10, 2011
Closed on
Sep 5, 2013
Sold by
Maloy Michael J
Bought by
Martinko Mark J
Seller's Agent
Donna Maloy
Sea Crest Real Estate, Inc.
List Price
$14,900
Sold Price
$9,000
Premium/Discount to List
-$5,900
-39.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.42%

Purchase Details

Closed on
Aug 10, 2011
Sold by
Wells Fargo Bank Na
Bought by
Maloy Michael J

Purchase Details

Closed on
Jan 24, 2011
Sold by
Marcionette Kenneth C and Case #19-2010-Ca-000193
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Jan 13, 2006
Sold by
Boss Richard
Bought by
Marcionette Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,924
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mark J Martinko Trust $100 None Listed On Document
Martinko Mark J $9,000 Dodd Title Company Inc
Maloy Michael J $12,000 Century Title Closing & Escr
Wells Fargo Bank N A -- Attorney
Marcionette Kenneth $140,000 Seaside Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marcionette Kenneth $128,924
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2013 09/06/13 Sold $9,000 -39.6% --
08/31/2013 08/31/13 Pending -- -- --
08/11/2011 08/11/11 For Sale $14,900 -- --
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 $198 $29,750 $29,750 --
2023 $136 $15,000 $15,000 $0
2021 $132 $14,000 $14,000 $0
2020 $116 $10,500 $10,500 $0
2019 $123 $12,000 $12,000 $0
2018 $96 $7,000 $0 $0
2017 $138 $10,500 $0 $0
2016 $155 $12,000 $0 $0
2015 $156 $12,000 $0 $0
2014 $98 $7,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 244534

Forgotten Coast REALTOR® Association

APN: 05-07S-03W-1000-000D-0100