NOT LISTED FOR SALE

2509 Surf Rd Panacea, FL 32346

Estimated Value: $618,284 - $740,000

4 Beds
4 Baths
2,913 Sq Ft
$231/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $530,000 $182 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,148/month

72 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Traditional Architecture
  • Screened Porch
  • Patio

About This Home

As of May 2022

Coastal waterfront cottage right on the Ochlockonee Bay with new private dock, ready for a boat! Perfect home for relaxed entertaining and bringing friends and family together. Enjoy incredible views of the Bay with sandy beach entry. This home features 3 separate living areas, each with private entrance. Great for multi-family or Airbnb. Lower level features an open kitchen, living and dining area, 2 bedrooms and 2 bathrooms, and upper level offers 2 separate units- each with spacious living areas, bedrooms and baths. Large windows offer picturesque views from the inside and the screened porches are the perfect spot to soak in the sunrise and sunset. Oversized workshop downstairs, laundry, and shed/cookhouse. Deep water channel at the end of the dock suitable for large boats even on low tide. Walk to Angelo’s, minutes to Alligator Point and St. Theresa, and just a short drive from Tallahassee. This home is ready to be your quiet get away!

Last Agent to Sell the Property

Hettie Spooner

Hill Spooner & Elliott Inc License #642753 Listed on: 02/07/2022

Last Buyer's Agent

Debbie Brett

Keller Williams Town & Country License #3294336

Keller Williams Town & Country

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 0.5 Acre Lot
  • Property Fronts a Bay or Harbor

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Cottage

Interior Spaces

  • 2,913 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Open Floorplan
  • Screened Porch
  • Bay Views

Kitchen

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

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Oil
  • Multiple Water Heaters
  • Water Heater

Community Details

  • Tarpon Shores Sub Unit 1 Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 12129-02-6S-02W-033-03620-000

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Lot: 3
  • Miscellaneous: Patio, Public Sewer
  • Road Frontage Type: Maint - Gvt., Paved
  • Sold Price Per Sq Ft: 181.94
  • Style Exterior: Traditional/Classical, Cottage
  • Subdivision: TARPON SHORES SUB UNIT 1
  • Tax Database Id: 9
  • Tax Item Number: 02-6S-02W-033-03620-000
  • Type: Detached Single Family
  • Waterfront: Yes
  • L V T Date: 02/07/2022
  • Street Designation: Road
  • Number Of Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Estimated Sq Ft: 2913
  • Year Built: 1963
  • Directions: 319 to Hwy 98, Right on Surf Rd
  • Elementary School: OTHER COUNTY
  • Geo Longitude: -84.396586
  • High School: OTHER COUNTY
  • Middle School: OTHER COUNTY
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Laminate/Pergo Type
  • Equipment: Dishwasher, Dryer, Microwave, Refrigerator w/Ice, Washer, Range/Oven
  • Floor Plan: Bedroom - Split Plan, Story - Two MBR Down, Story - Two MBR Up
  • Kitchen Dim: 15x9
  • Living Area Description: Separate Family Room, Combo Family Rm/DiningRm, Kitchen with Bar, Kitchen - Eat In, Combo Living Rm/DiningRm
  • Master Bedroom Dim: 19x12
  • Other Room Description: Workshop
  • Other Room Dim: 22x10
  • Other Rooms: Porch - Screened

Exterior Features

  • Construction: Concrete Block
  • Frontageview: Bay Frontage, Bay View
  • Number Of Acres: 0.5

Garage/Parking

  • Garage: Driveway Only

Utilities

  • Heating: Central, Electric, Oil
  • Cooling: Central, Electric, Fans - Ceiling, Window/Wall Unit
  • Water Heater: 2+ Heaters, Electric
  • Utility Provider: DUKE: Electric, DUKE: Water

Lot Info

  • Lot Dimensions: 79x274x79x274
  • Geo Subdivision: FL

Tax Info

  • Taxes: 2655
  • Assessor Parcel Number: 12129-02-6S-02W-033-03620-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2022
Closed on
May 5, 2022
Sold by
Kay Woodham Smith Living Trust
Bought by
North Jason F and North Carmela
Seller's Agent
Hettie Spooner
Hill Spooner & Elliott Inc
Buyer's Agent
Debbie Brett
Keller Williams Town & Country
List Price
$499,000
Sold Price
$530,000
Premium/Discount to List
$31,000
6.21%
Current Estimated Value
$673,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,821
Avg. Annual Appreciation
6.70%
Original Mortgage
$397,500
Outstanding Balance
$375,504
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$298,317

Purchase Details

Closed on
Nov 18, 2021
Sold by
Smith Kay Woodham
Bought by
Smith Kay Woodham and Musselwhite Andra Kay
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
North Jason F $530,000 Lowe Title Services
Smith Kay Woodham -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open North Jason F $397,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2022 05/05/22 Sold $530,000 +6.2% $182 / Sq Ft
02/07/2022 02/07/22 For Sale $499,000 -- $171 / 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 $7,489 $525,950 $132,000 $393,950
2024 $6,815 $481,820 $132,000 $349,820
2023 $6,239 $433,765 $80,000 $353,765
2022 $2,792 $216,756 $0 $0
2021 $2,758 $210,443 $0 $0
2020 $2,655 $207,537 $0 $0
2019 $2,639 $202,871 $0 $0
2018 $2,627 $200,758 $0 $0
2017 $2,607 $196,629 $0 $0
2016 $2,692 $192,585 $0 $0
2015 $2,791 $191,246 $0 $0
2014 $2,843 $189,111 $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: 341930

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

APN: 02-6S-02W-033-03620-000