NOT LISTED FOR SALE

228 Levy Bay Rd Panacea, FL 32346

Estimated Value: $432,000 - $592,000

2 Beds
2 Baths
2,000 Sq Ft
$252/Sq Ft Est. Value

Last Sold June 15, 2015

Last sale price $370,000 $185 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,067/month

361 Days on Market

Highlights

  • Docks
  • Covered Deck
  • Pine Flooring
  • Property Fronts a Bay or Harbor
  • Beach House
  • Loft

About This Home

As of June 2015

Priceless view of the Gulf Mexico with private boat access. No expense spared enhancing this 2 bedroom with a separate loft, well-appointed, secluded waterfront retreat. Nestled into the coastline of a quaint fishing village on the Gulf of Mexico bay. Just 29 miles south of Florida's capitol, Tallahassee, yet for tranquility, it is a world apart. 3 levels - a spectacular view from any and every vantage point 2,000 sq. feet under roof 2013 sq. feet with covered deck, sun deck, and wrap-around balcony, situated to take full advantage of this magnificent view.

Last Buyer's Agent

Nonmember Nonmember

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,718

Year Built

  • Built in 1989

Lot Details

  • 1.8 Acre Lot
  • Lot Dimensions are 127 x 650 x 123 x 692
  • Property Fronts a Bay or Harbor
  • Sprinkler System

Home Design

  • Beach House
  • Piling Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Loft
  • Bay Views
  • Home Security System

Kitchen

  • Double Oven
  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Pine Flooring
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Docks
  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Propane
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 255S02W00003234001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,718

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Directions: HWY 98 EAST TO PANACEA RIGHT ON LEVY BAY RD
  • Prop. Type: Residential
  • Building Stories: 1
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 1.8
  • Lot Size: 127 x 650 x 123 x 692
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Beach House
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 1
  • Property Attached Yn: No
  • Year Built: 1989
  • NAV22_Room4Name: Master Bedroom
  • NAV22_ResortRentalYN: No
  • NAV22_Room3Name: Kitchen
  • NAV22_Room7Name: Loft
  • NAV22_Room2Name: Dining Area
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room6Name: Foyer
  • NAV22_Room1Name: Living Room
  • NAV22_Room5Name: Additional Bedroom
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Microwave, Double Oven, Refrigerator w/Ice Maker, Electric Oven
  • Interior Amenities: Split Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Tile, Pine
  • Living Area: 2000

Exterior Features

  • Exterior Features: Dock
  • Lot Features: Sprinkler System, Boating Access
  • Pool Features: None
  • Pool Private: No
  • View: Water, Bay
  • View: Yes
  • Waterfront Features: Bay, Waterfront
  • Waterfront: Yes
  • Foundation Details: Pilings
  • Patio And Porch Features: Covered Deck, Deck
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Electric, Other
  • Heating: Central Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Propane, County Trash
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well, Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 78408
  • Additional Parcels: No
  • Parcel #: 255S02W00003234001
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2718

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2014
Closed on
Jun 15, 2015
Sold by
Nelson Carol and Mcewan Llewellyn Patrick
Bought by
Heard Clay W
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$385,000
Sold Price
$370,000
Premium/Discount to List
-$15,000
-3.9%
Current Estimated Value
$504,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,481
Avg. Annual Appreciation
4.08%

Purchase Details

Closed on
Jul 10, 2002
Sold by
Mcewan Llewellyn Patrick and Mcewan Carol Nelson
Bought by
Nelson Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.67%

Purchase Details

Closed on
Jun 28, 2002
Sold by
Mckaye Ronald and Mckaye Susan
Bought by
Mcewan Llewellyn Patrick and Mcewan Carol Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.67%

Purchase Details

Closed on
Dec 1, 2000
Sold by
Kight Kathleen K and Kight Alan
Bought by
Mckaye Ron and Mckaye Susan
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
Heard Clay W $370,000 Wakulla Title Company Inc
Nelson Carol -- --
Mcewan Llewellyn Patrick $270,000 Wakulla Title Company Inc
Mckaye Ron $175,000 Wakulla Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Carol $300,000
Previous Owner Mcewan Carol N $300,000
Previous Owner Mcewan Llewellyn Patrick $216,000
Closed Mcewan Llewellyn Patrick $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2015 06/15/15 Sold $370,000 -3.9% $185 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
04/30/2014 04/30/14 For Sale $385,000 -- $193 / Sq Ft
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 $3,811 $292,800 -- --
2023 $3,713 $284,272 $0 $0
2022 $3,608 $275,992 $0 $0
2021 $3,569 $267,953 $0 $0
2020 $3,450 $264,253 $0 $0
2019 $3,445 $259,297 $0 $0
2018 $3,401 $254,462 $0 $0
2017 $3,377 $249,228 $0 $0
2016 $3,498 $244,102 $0 $0
2015 $2,658 $183,147 $0 $0
2014 -- $181,693 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Buyer's Agent in 2015

    Nonmember Nonmember

    Nonmember Office

See All Agents

Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 251750

Forgotten Coast REALTOR® Association

APN: 25-5S-02W-000-03234-001

Florida Wakulla County Panacea 32346

228 Levy Bay Rd, Panacea, FL

This home is located at 228 Levy Bay Rd, Panacea, FL 32346 since 26 March 2014 and is currently estimated at $504,481, approximately $252 per square foot. This property was built in 1989. 228 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.

Forgotten Coast REALTOR® Association Property information provided by the FCRA MLS – a service of the Forgotten Coast REALTOR® Association.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.

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