NOT LISTED FOR SALE

225 Levy Bay Rd Panacea, FL 32346

Estimated Value: $373,982 - $451,000

3 Beds
2 Baths
1,934 Sq Ft
$219/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $270,000 $140 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,347/month

236 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • Great Room
  • Deck
  • Wood Flooring
  • Screened Porch

About This Home

As of August 2019

Beautiful custom home built by William Solburg. Surround yourself with the natural beauty of Northwest Florida home on secluded 5.89 acre tract that provides seclusion & privacy. Spacious homes features tongue & groove cypress exterior and interior, vaulted ceilings, red oak hardwood floors, gas fireplace, quart counter tops. Master suite w/ walk in closet, double shower and opens onto screen porch. Guest wing has 2 bedrooms & a bath. Sun room/Office opens to 12 X 12 deck overlooking the back yard. Ground level 700 sq. ft. storage room, parking for 3 cars & a boat. Located 1/2 mile to public boat ramp & 1 mile from the marina. A must see to appreciate!

Last Agent to Sell the Property

Paul Parker

Harbor Point Realty License #513931 Listed on: 11/26/2018

Last Buyer's Agent

Scott Gerrell

Bluewater Realty Group License #3293208

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $452

Year Built

  • Built in 1986

Lot Details

  • 5.89 Acre Lot
  • Partially Fenced Property

Parking

  • 3 Carport Spaces

Home Design

  • Wood Siding

Interior Spaces

  • 1,934 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Home Office
  • Screened Porch
  • Utility Room

Kitchen

  • Breakfast Bar
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 12129-25-5S-02W-000-03234-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$452

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Metes Bounds: Yes
  • Miscellaneous: Cathedral/Vault/Tray, Deck, Some Wind Treatments, Survey, Fenced - Partial, Public Sewer
  • Road Frontage Type: Paved
  • Sold Price Per Sq Ft: 139.61
  • Tax Database Id: 9
  • Tax Item Number: 25-5S-02W-000-03234-002
  • Type: Detached Single Family
  • Warranty: Yes
  • L V T Date: 11/15/2018
  • Street Designation: Road
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1934
  • Year Built: 1986
  • Directions: Hwy 319 south to west on Hwy 98 left on Levy Bay home on the right
  • Elementary School: MEDART
  • Geo Longitude: -84.386087
  • High School: WAKULLA
  • Middle School: WAKULLA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Hardwood
  • Equipment: Dishwasher, Refrigerator, Stove
  • Fireplace: Yes
  • Floor Plan: Story - One, Bedroom - Split Plan
  • Kitchen Dim: 12x12
  • Living Area Description: Great Room, Kitchen with Bar, Open Floor Plan
  • Master Bedroom Dim: 16x16
  • Other Room Description: Office
  • Other Room Dim: 11x13
  • Other Rooms: Porch - Screened, Study/Office, Utility Room - Inside, Walk-in Closet

Exterior Features

  • Construction: Siding-Wood
  • Number Of Acres: 5.89

Garage/Parking

  • Garage: Carport - 3+ Car

Utilities

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

Schools

  • Elementary School: MEDART
  • Middle School: WAKULLA
  • High School: WAKULLA

Lot Info

  • Lot Dimensions: 399X643X263X566
  • Geo Subdivision: FL

Tax Info

  • Taxes: 3350
  • Assessor Parcel Number: 12129-25-5S-02W-000-03234-002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2021
Sold by
Ponder Robert Lee
Bought by
Ponder Robert Lee
Current Estimated Value
$423,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,410
Outstanding Balance
$126,332
Interest Rate
3.01%
Mortgage Type
VA
Estimated Equity
$356,326

Purchase Details

Listed on
Nov 26, 2018
Closed on
Aug 15, 2019
Sold by
Mcmullen Richard D
Bought by
Pounder Robert Lee
Seller's Agent
Paul Parker
Harbor Point Realty
Buyer's Agent
Scott Gerrell
Bluewater Realty Group
List Price
$299,000
Sold Price
$270,000
Premium/Discount to List
-$29,000
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%
Original Mortgage
$240,468
Outstanding Balance
$213,276
Interest Rate
3.8%
Mortgage Type
VA
Estimated Equity
$269,382

Purchase Details

Closed on
Aug 4, 2016
Sold by
Mcmullen Richard D
Bought by
Mcmullen Richard D and Richard D Mcmullen Revocable Living Trus

Purchase Details

Listed on
Jan 28, 2016
Closed on
May 3, 2016
Sold by
Colson Ramona L and Summers Christine
Bought by
Mcmullen Richard D
List Price
$329,000
Sold Price
$310,000
Premium/Discount to List
-$19,000
-5.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%

Purchase Details

Closed on
Jun 20, 2012
Sold by
Colson Ramona L
Bought by
Colson Ramona L and Summers Christine

Purchase Details

Closed on
Jul 11, 2011
Sold by
Luckett Holdings Inc
Bought by
Evans Creek Llc

Purchase Details

Closed on
Aug 18, 2010
Sold by
Nichols J Donald
Bought by
Wakulla Bank
Source: Public Records

Range of Values:

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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
Ponder Robert Lee -- Attorney
Pounder Robert Lee $270,000 Hayward Title Group
Mcmullen Richard D -- Attorney
Mcmullen Richard D $310,000 Attorney
Colson Ramona L -- Attorney
Evans Creek Llc -- None Available
Wakulla Bank $3,300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ponder Robert L $80,000
Open Ponder Robert Lee $136,410
Open Pounder Robert Lee $240,468
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2019 08/15/19 Sold $270,000 -9.7% $140 / Sq Ft
11/26/2018 11/26/18 For Sale $299,000 -3.5% $155 / Sq Ft
05/03/2016 05/03/16 Sold $310,000 -5.8% $160 / Sq Ft
03/25/2016 03/25/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $329,000 -- $170 / 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 $452 $197,899 -- --
2023 $452 $192,135 $0 $0
2022 $2,376 $186,539 $0 $0
2021 $2,345 $181,106 $0 $0
2020 $2,250 $178,606 $0 $0
2019 $3,647 $235,917 $30,000 $205,917
2018 $3,350 $211,974 $30,000 $181,974
2017 $3,199 $198,280 $0 $0
2016 $2,565 $185,003 $0 $0
2015 $2,659 $183,717 $0 $0
2014 $2,719 $182,259 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paul Parker

    Seller's Agent in 2019

    Paul Parker

    Harbor Point Realty

    (850) 349-9599

    301 Total Sales

    Paul Parker
    Section Image
  • Scott Gerrell

    Buyer's Agent in 2019

    Scott Gerrell

    Bluewater Realty Group

    (850) 443-2002

    41 Total Sales

    Scott Gerrell
    Section Image
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Map

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

MLS Number: 300240

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

APN: 25-5S-02W-000-03234-002

Florida Wakulla County Panacea 32346

225 Levy Bay Rd, Panacea, FL

This home is located at 225 Levy Bay Rd, Panacea, FL 32346 since 26 November 2018 and is currently estimated at $423,746, approximately $219 per square foot. This property was built in 1986. 225 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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