NOT LISTED FOR SALE

24 Bay Dr Panacea, FL 32346

Estimated Value: $144,115 - $335,000

2 Beds
2 Baths
1,186 Sq Ft
$208/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $115,000 $97 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,442/month

400 Days on Market

Highlights

  • Cathedral Ceiling
  • Cottage
  • Family or Dining Combination
  • Main Floor Primary Bedroom
  • Tile Flooring

About This Home

As of May 2021

Awesome investment opportunity. great little cottage type home close to the water. Includes separate adjacent lot. Home has amazing potential with additional square footage under roof that could be easily converted into additional square feet of living space. This property is in a great location and convenient to water. Great VRBO or AIRBNB potential. Sold as is.

Last Agent to Sell the Property

Karen Ann Ward

Bluewater Realty Group License #3445849 Listed on: 04/01/2020

Last Buyer's Agent

Stacy Bryan

Bluewater Realty Group License #3452915

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 7,405 Sq Ft Lot
  • Unpaved Streets

Parking

  • 2 Car Garage

Home Design

  • Cottage
  • Stucco

Interior Spaces

  • 1,186 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Family or Dining Combination
  • Tile Flooring
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Water Heater

Community Details

  • River Shore Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / A
  • Assessor Parcel Number 12129-01-6S-02W-034-03590-000

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: Residential
  • Lot: 2
  • Miscellaneous: 9 + Foot Ceilings, Cathedral/Vault/Tray
  • Road Frontage Type: Unpaved
  • Sold Price Per Sq Ft: 96.96
  • Style Exterior: Cottage
  • Subdivision: RIVER SHORE HEIGHTS
  • Tax Database Id: 9
  • Tax Item Number: 01-6S-02W-034-03590-000
  • Type: Detached Single Family
  • L V T Date: 04/01/2020
  • Street Designation: Drive
  • Number Of Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1186
  • Year Built: 1984
  • Directions: Surf Road to Right on 2nd Bay drive on right. home on left at end.
  • Elementary School: MEDART
  • Geo Longitude: -84.395845
  • High School: WAKULLA
  • Middle School: WAKULLA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile
  • Equipment: Refrigerator, Stove
  • Floor Plan: Story - Two MBR Down
  • Kitchen Dim: 8x5
  • Living Area Description: Combo Family Rm/DiningRm
  • Master Bedroom Dim: 20x22

Exterior Features

  • Construction: Stucco
  • Number Of Acres: 0.17

Garage/Parking

  • Garage: Garage - 2 Car

Utilities

  • Cooling: Window/Wall Unit
  • Water Heater: Electric
  • Utility Provider: OTH: Local to County

Lot Info

  • Lot Dimensions: 100x75
  • Geo Subdivision: FL

Tax Info

  • Taxes: 772
  • Assessor Parcel Number: 12129-01-6S-02W-034-03590-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2020
Closed on
May 14, 2021
Sold by
Keister Thomas Joe
Bought by
Chontos Steven E and Chontos Renae J
Seller's Agent
Karen Ann Ward
Bluewater Realty Group
Buyer's Agent
Stacy Bryan
Bluewater Realty Group
List Price
$119,000
Sold Price
$115,000
Premium/Discount to List
-$4,000
-3.36%
Current Estimated Value
$246,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,529
Avg. Annual Appreciation
17.74%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Chontos Steven E $115,000 Wakulla Title Company Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $115,000 -3.4% $97 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
10/02/2020 10/02/20 Price Changed $119,000 0.0% $100 / Sq Ft
10/02/2020 10/02/20 For Sale $119,000 +3.5% $100 / Sq Ft
10/02/2020 10/02/20 Off Market $115,000 -- --
04/01/2020 04/01/20 For Sale $140,000 -- $118 / 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
2025 $1,833 $104,516 $1,500 $103,016
2024 $1,655 $90,584 $1,500 $89,084
2023 $1,681 $92,144 $1,500 $90,644
2022 $1,919 $113,434 $15,000 $98,434
2021 $826 $71,201 $0 $0
2020 $769 $70,218 $0 $0
2019 $772 $68,639 $0 $0
2018 $766 $67,359 $0 $0
2017 $766 $65,974 $0 $0
2016 $775 $64,617 $0 $0
2015 $798 $64,168 $0 $0
2014 $811 $63,659 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 317547

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

APN: 01-6S-02W-034-03590-000