NOT LISTED FOR SALE

235 Bob Sikes Rd Defuniak Springs, FL 32435

Estimated Value: $146,000 - $219,000

7 Acres
$25,740 Price per Acre
297,079 Sq Ft Lot

Last Sold December 19, 2022

Last sale price $125,000 $67 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,015/month

87 Days on Market

Highlights

  • Wetlands on Lot
  • Wooded Lot
  • Interior Lot

About This Lot

As of December 2022

SAME AS MLS#901748 ATTENTION INVESTORS: Unique development possibilities -- ideally situated inside city limits in one of the FASTEST GROWING counties in the U.S. The 6.8 acre property is located appx 1.2 miles from I-10 and a mere 30-40 min to the beaches of Walton County. Zoned R2 in Walton County (16 per 1 acre) – ideal for apartments, duplex homes and/or a new home community. City water is available with public sewer in close proximity. All other utilities are in place. The home is estimated to have been built in 1946 and conveys AS IS. Windows were replaced in 2005. There is a pond in the southeast corner of the property – would make a great community park feature. Buyer to do all due diligence and find out any matters of importance. SELLER to pay UP TO $5,000 towards Buyer's closing

Last Agent to Sell the Property

Maria Leos

Keller Williams Realty Destin License #3330873 Listed on: 06/21/2022

Keller Williams Realty Destin

Co-Listed By

Emerald Coast Lifestyles Group

Keller Williams Realty Destin

Last Buyer's Agent

Catherine Perdomo

Ellis Realty LLC License #3429100

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $408

Year Built

  • 1946

Lot Details

  • 6.82 Acre Lot
  • Lot Dimensions are 964 x 490 x 279 x 58 x 673.4
  • Property fronts an easement
  • Dirt Road
  • Interior Lot
  • Irregular Lot
  • Wooded Lot
  • The community has rules related to exclusive easements
  • Property is zoned Resid Multi-Family

Outdoor Features

  • Wetlands on Lot

Schools

  • West Defuniak Elementary School
  • Walton Middle School
  • Walton High School

Utilities

  • Underground Utilities
  • Gas Available
  • Water Tap Fee Is Paid
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 03-2N-19-18000-009-0000

Property Details

Property Type

Land

Est. Annual Taxes

$408

Year Built

1946

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 6.82
  • Lot Size: 964 x 490 x 279 x 58 x 673.4
  • Road Frontage Type: Easement
  • Road Surface Type: Dirt/Clay Road
  • Co List Office Mls Id: EKW1
  • Co List Office Phone: 850-654-2900
  • Subdivision Name: None
  • Directions: From I-10 Exit: NORTH on HWY 331 Turn LEFT on Bob Sikes Road/CoRd 280W (just over a mile as you pass Walmart/Arby's ) Turn left after you pass the apartment complex onto unpaved easement road
  • Utilities Electric: Yes
  • Special Features: None
  • Year Built: 1946

Exterior Features

  • Lot Features: Easements, Interior, Irregular, Survey Available, Wetlands, Wooded
  • Lot Features:Interior: Yes
  • Lot Features:Easements: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Irregular: Yes
  • Lot Features:Wetlands: Yes

Utilities

  • Utilities: Electric, Phone, Public Water, Septic Tank, Sewer Available, Tap Fee Paid, TV Cable, Underground, Gas Available
  • Utility: Yes

Schools

  • Elementary School: West Defuniak
  • High School: Walton
  • Middle Or Junior School: Walton

Lot Info

  • Lot Size Sq Ft: 297079.2
  • Parcel #: 03-2N-19-18000-009-0000
  • Zoning: Resid Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 93.5
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Dec 16, 2022
Sold by
Highsmith Sharon
Bought by
Pryor Louis and Pryor Dana
Seller's Agent
Maria Leos
Keller Williams Realty Destin
Buyer's Agent
Catherine Perdomo
Ellis Realty LLC
List Price
$325,000
Sold Price
$125,000
Premium/Discount to List
-$200,000
-61.54%
Total Days on Market
87
Views
12
Current Estimated Value
$175,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,547
Avg. Annual Appreciation
14.68%
Source: Public Records

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Range of Values:

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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
Pryor Louis $125,000 Mitchell Land & Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2022 12/19/22 Sold $125,000 -35.9% $67 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
09/07/2022 09/07/22 Price Changed $195,000 -20.4% $105 / Sq Ft
08/26/2022 08/26/22 Price Changed $245,000 -10.9% $132 / Sq Ft
08/09/2022 08/09/22 Price Changed $275,000 -15.4% $148 / Sq Ft
06/21/2022 06/21/22 For Sale $325,000 -- $175 / Sq Ft
Source: Emerald Coast Association 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 $408 $66,757 -- --
2023 $408 $64,813 $0 $0
2022 $108 $33,456 $0 $0
2021 $97 $32,482 $0 $0
2020 $90 $81,816 $28,985 $52,831
2019 $77 $31,314 $0 $0
2018 $69 $30,730 $0 $0
2017 $61 $30,098 $0 $0
2016 $53 $29,479 $0 $0
2015 $58 $29,274 $0 $0
2014 $55 $29,042 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 901751

Emerald Coast Association of REALTORS®

APN: 03-2N-19-18000-009-0000