NOT LISTED FOR SALE

242 Royal Tern Way Carrabelle, FL 32322

Lanark Village Neighborhood

Estimated Value: $426,000 - $543,000

3 Beds
2.5 Baths
1,988 Sq Ft
$246/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $565,000 $284 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $2,726/month

Highlights

  • On Golf Course
  • Craftsman Architecture
  • Screened Porch
  • Open Floorplan
  • Cathedral Ceiling
  • Home Office

About This Home

As of March 2024

Less than 6 month old house

Last Agent to Sell the Property

NON MEMBER

Tallahassee Board of REALTORS® Listed on: 03/01/2024

Tallahassee Board of REALTORS®

Last Buyer's Agent

Nailah Core

Waypoint Properties License #3555721

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • 9,583 Sq Ft Lot
  • On Golf Course
  • Sprinkler System

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Farmhouse Style Home
  • Cottage
  • Siding

Interior Spaces

  • 1,988 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Gas Fireplace
  • Entrance Foyer
  • Family or Dining Combination
  • Home Office
  • Screened Porch
  • Utility Room
  • Tile Flooring
  • Golf Course Views
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Association fees include common area, club house amenities
  • St James Bay Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / A
  • Assessor Parcel Number 12037-05-07S-03W-1000-000C-0320

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Class: Residential
  • Lot: 1
  • Miscellaneous: 9 + Foot Ceilings, Cathedral/Vault/Tray, Patio
  • Road Frontage Type: Maint - Gvt.
  • Style Exterior: Cottage, Craftsman, Farmhouse
  • Subdivision: ST JAMES BAY
  • Tax Database Id: 9
  • Tax Item Number: 05-07S-03W-1000-000C-0320
  • Type: Detached Single Family
  • L V T Date: 03/18/2024
  • Street Designation: Way
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Estimated Sq Ft: 1988
  • Year Built: 2023
  • Directions: HWY 98/319 TO LANARK VILLAGE, RIGHT INTO ST JAMES BAY, 1ST RIGHT, HOUSE ON RIGHT
  • Elementary School: OTHER COUNTY
  • Geo Longitude: -84.559485
  • High School: OTHER COUNTY
  • Middle School: OTHER COUNTY
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Refrigerator w/Ice, Washer, Irrigation System, Cooktop, Range/Oven
  • Fireplace: Yes
  • Floor Plan: Story - One, Bedroom - Split Plan
  • Kitchen Dim: 15X12
  • Living Area Description: Combo Family Rm/DiningRm, Kitchen with Bar, Kitchen - Eat In, Open Floor Plan
  • Master Bedroom Dim: 16X15
  • Other Rooms: Foyer, Pantry, Porch - Covered, Porch - Screened, Study/Office, Utility Room - Inside, Walk-in Closet

Exterior Features

  • Construction: Siding - Fiber Cement
  • Frontageview: Golf Course Frontage, Golf Course View
  • Number Of Acres: 0.22

Garage/Parking

  • Garage: Garage - 2 Car

Utilities

  • Heating: Central, Electric, Fireplace - Gas
  • Cooling: Central, Fans - Attic
  • Water Heater: Gas

Condo/Co-op/Association

  • Fee Includes: Common Area, Club House Amenities
  • Home Owner Feeannual: 480

Lot Info

  • Lot Dimensions: 81X120X81X120
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12037-05-07S-03W-1000-000C-0320

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Mar 15, 2024
Sold by
Head Herbert Randall and Frost Ryan William
Bought by
Jd & Kate Johnson Revocable Trust and Johnson
Seller's Agent
NON MEMBER
Tallahassee Board of REALTORS®
Buyer's Agent
Nailah Core
Waypoint Properties
List Price
$565,000
Sold Price
$565,000
Views
3
Current Estimated Value
$488,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$76,082
Avg. Annual Appreciation
-7.85%

Purchase Details

Listed on
Jun 10, 2022
Closed on
Sep 6, 2022
Sold by
Adams Family Trust
Bought by
Frost Ryan and Head Herbert
Seller's Agent
Brenda Brown
Berkshire Hathaway HomeServices - SGI
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
428.35%
Original Mortgage
$33,750
Interest Rate
5.3%
Mortgage Type
Balloon

Purchase Details

Listed on
Jun 14, 2018
Closed on
Aug 31, 2018
Sold by
Odan Bros Investments Llc
Bought by
Adams Park and Adams Nancy
Seller's Agent
Susan Gay
Sea Crest Real Estate, Inc.
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$17,900
Sold Price
$16,500
Premium/Discount to List
-$1,400
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.35%

Purchase Details

Closed on
Jun 10, 2005
Sold by
Faulkenberry David A and Faulkenberry Sara D
Bought by
Oden Bros Investments Llc

Purchase Details

Closed on
May 7, 2003
Sold by
Carabelle Properties Limited
Bought by
Faulkenberry David A and Faulkenberry Sara D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jd & Kate Johnson Revocable Trust $565,000 None Listed On Document
Frost Ryan $45,000 --
Adams Park $16,500 None Available
Oden Bros Investments Llc $155,000 Acquire Land Title Inc
Faulkenberry David A $52,500 Dodd Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frost Ryan $33,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2024 03/18/24 For Sale $565,000 0.0% $284 / Sq Ft
03/17/2024 03/17/24 Off Market $565,000 -- --
03/15/2024 03/15/24 Sold $565,000 +1155.6% $284 / Sq Ft
09/06/2022 09/06/22 Sold $45,000 -18.2% -- View Prior Sale
08/11/2022 08/11/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $55,000 +233.3% --
08/31/2018 08/31/18 Sold $16,500 -7.8% -- View Prior Sale
08/03/2018 08/03/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $17,900 -- --
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 $1,399 $184,789 -- --
2024 $3,823 $410,444 $32,500 $377,944
2023 $176 $17,000 $17,000 $0
2022 $156 $17,000 $17,000 $0
2021 $144 $14,000 $14,000 $0
2020 $128 $10,500 $10,500 $0
2019 $183 $15,000 $15,000 $0
2018 $132 $10,000 $0 $0
2017 $132 $10,500 $0 $0
2016 $134 $12,000 $0 $0
2015 $130 $12,000 $0 $0
2014 $98 $7,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Buyer's Agent in 2024

    Nailah Core

    Waypoint Properties

    (850) 491-4243

    9 in this area

    14 Total Sales

    Nailah Core
    Section Image
  • Brenda Brown

    Seller's Agent in 2022

    Brenda Brown

    Berkshire Hathaway HomeServices - SGI

    (850) 591-9444

    22 in this area

    104 Total Sales

    Brenda Brown
    Section Image

  • N

    Buyer's Agent in 2022

    Nonmember Nonmember

    Nonmember Office

  • S

    Seller's Agent in 2018

    Susan Gay

    Sea Crest Real Estate, Inc.

    (850) 509-5883

    68 in this area

    149 Total Sales

    Susan Gay
    Section Image
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Map

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

MLS Number: 369809

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

APN: 05-07S-03W-1000-000C-0320

Florida Franklin County Carrabelle 32322 Lanark Village

242 Royal Tern Way, Carrabelle, FL

Not Listed for Sale

Detached

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