NOT LISTED FOR SALE

2478 Highway 98 W Carrabelle, FL 32322

Estimated Value: $342,000

1.02 Acres
$335,294 Price per Acre
44,431 Sq Ft Lot

Last Sold September 23, 2020

Last sale price $160,000

Est. 114% increase in value since last sale

Current estimated payment $2,095/month

62 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 1.02 Acre Lot
  • No HOA
  • Property Fronts a Bay or Harbor
  • Pine Trees
  • Grass Covered Lot

About This Lot

As of September 2020

This 1 acre Bay Front lot has endless white sandy beaches perfect for your dream home, walks on the beach, watching the dolphins play, fishing,crabbing, shelling, right at your front yard. Perfect spot for a second home getaway, just an hour from Tallahassee. 100 feet of beachfront, plenty of room for your boats and toys. Just a short drive to St. George Island, and Apalachicola . Don't let this one get away !!

Last Agent to Sell the Property

Patty Lee

Sea Crest Real Estate, Inc. License #3160854 Listed on: 07/02/2020

Co-Listed By

Janalyn Dowden

Sea Crest Real Estate, Inc. License #3096572

Last Buyer's Agent

Carol Barber

Coastal Realty Group-Carrabelle License #3027448

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,565

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 102 x 429
  • Property Fronts a Bay or Harbor
  • Property fronts a highway
  • Palmetto Ground Covering
  • Pine Trees
  • Wooded Lot
  • Grass Covered Lot
  • Zoning described as Residential Single Family,County

Additional Features

  • Bay Views
  • Flood Insurance May Be Required
  • No Utilities

Listing and Financial Details

  • Assessor Parcel Number 0308S05W000002300000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$1,565

Lot Details

0

Listing Details

  • Directions: From Carrabelle going West go across Carrabelle Bridge approximately 5 miles and look for sign on left.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 1.02
  • Lot Size: 102 x 429
  • Road Frontage Type: Highway
  • Co List Office Mls Id: 206
  • Co List Office Phone: 850-697-9604
  • Subdivision Name: No Named Subdivision
  • Special Features: None

Exterior Features

  • Lot Features: Build to Suit, Within 1/2 Mile of Water, Wooded, Flood Insurance Required, Deeded Water Access
  • Fencing: None
  • View: Bay, Water
  • View: Yes
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Disclosures: County Zoning

Utilities

  • Utilities: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 44431.2
  • Additional Parcels: No
  • Parcel #: 0308S05W000002300000
  • Zoning Description: Residential Single Family,County
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1565

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Sep 21, 2020
Sold by
Afzal Zahid
Bought by
Traylor Harry O and Traylor Jeannette E
Seller's Agent
Patty Lee
Sea Crest Real Estate, Inc.
Buyer's Agent
Carol Barber
Coastal Realty Group-Carrabelle
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Current Estimated Value
$342,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,000
Avg. Annual Appreciation
16.28%

Purchase Details

Closed on
Mar 29, 2019
Sold by
Afzal Zahid
Bought by
Afzal Lisa L and Afzal Zahid

Purchase Details

Closed on
Feb 17, 2012
Sold by
Branch Banking & Trust Company
Bought by
Afzal Zahid

Purchase Details

Closed on
Jun 23, 2010
Sold by
Fazzio Lawrence V and Fazzio Jan R
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Jul 26, 2004
Sold by
Fazzio Lawrence V and Fazzio Jan R
Bought by
Munson Philip J and Munson Paula S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
6.24%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Traylor Harry O $160,000 Dodd Title Company Inc
Afzal Lisa L -- Attorney
Afzal Zahid $80,000 Bridgetrust Title Group
Branch Banking & Trust Company -- None Available
Munson Philip J $640,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fazzio Lawrence $315,000
Previous Owner Fazzio Lawrence $285,000
Previous Owner Munson Philip J $576,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2020 09/23/20 Sold $160,000 -8.6% --
09/03/2020 09/03/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $175,000 -- --
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 $2,367 $365,000 $365,000 --
2023 $1,443 $146,000 $146,000 $0
2021 $1,561 $146,000 $146,000 $0
2020 $1,655 $164,250 $164,250 $0
2019 $1,629 $164,250 $164,250 $0
2018 $1,317 $105,850 $0 $0
2017 $1,528 $147,386 $0 $0
2016 $1,454 $147,386 $0 $0
2015 $1,040 $84,000 $0 $0
2014 $1,308 $130,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Patty Lee

    Sea Crest Real Estate, Inc.

    (850) 545-2872

    49 in this area

    65 Total Sales

    Patty Lee
    Section Image
  • Janalyn Dowden

    Seller Co-Listing Agent in 2020

    Janalyn Dowden

    Sea Crest Real Estate, Inc.

    (850) 251-3432

    92 in this area

    123 Total Sales

    Janalyn Dowden
    Section Image

  • C

    Buyer's Agent in 2020

    Carol Barber

    Coastal Realty Group-Carrabelle

    (850) 528-4141

    59 in this area

    112 Total Sales

    Carol Barber
    Section Image
See All Agents

Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 305080

Forgotten Coast REALTOR® Association

APN: 03-08S-05W-0000-0230-0000

Florida Franklin County Carrabelle 32322

2478 Highway 98 W, Carrabelle, FL

This home is located at 2478 Highway 98 W, Carrabelle, FL 32322 since 02 July 2020 and is currently estimated at $342,000. 2478 Highway 98 W is a home located in Franklin County with nearby schools including Franklin County 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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