NOT LISTED FOR SALE

253 Magnolia Bay Dr Eastpoint, FL 32328

Estimated Value: $278,000 - $307,277

0.98 Acre
$298,520 Price per Acre
42,702 Sq Ft Lot

Last Sold October 22, 2021

Last sale price $252,500

Est. 16% increase in value since last sale

Current estimated payment $1,908/month

146 Days on Market

Highlights

  • Boat Dock
  • Oak Trees
  • Community Pool
  • Property Fronts a Bay or Harbor
  • Gated Community
  • Tennis Courts

About This Lot

As of October 2021

Gorgeous sunset view alert!!! Come build your home and dock of your dreams in Magnolia Bay. This gated prestigious community hosts this special lot with some of the most amazing views. It is one of the dryer lots and gives the owner some extra room between the home to the south side due to a community path. Enjoy using this extra land to host your special gathering or just enjoy the wider views. Mature trees will add to the landscaping as you layout the placement of your new home. Sit on the sandy beach to watch the sunset. Relax in the pavilion, play a game at the tennis court, or jump in for a refreshing dip in the pool! This gated community offers so much!

Last Agent to Sell the Property

Alissa McIntyre

Anchor Realty Florida License #3357640 Listed on: 04/28/2021

Last Buyer's Agent

Alissa McIntyre

Anchor Realty Florida License #3357640 Listed on: 04/28/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,422

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 100 x 427
  • Property Fronts a Bay or Harbor
  • Natural State Vegetation
  • Oak Trees
  • Pine Trees
  • Zoning described as Residential Multi-Family

HOA Fees

  • $117 Monthly HOA Fees

Property Views

  • Bay Views

Utilities

  • Underground Utilities
  • Propane
  • Septic Needed
  • Phone Available

Listing and Financial Details

  • No Rentals Allowed
  • Assessor Parcel Number 1908S06W6700000B0170

Community Details

Overview

  • Magnolia Bay Subdivision
  • The community has rules related to covenants

Amenities

  • Community Gazebo

Recreation

  • Boat Dock
  • Community Boat Launch
  • Tennis Courts
  • Community Pool

Security

  • Controlled Access
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,422

Lot Details

0

HOA Fees

$117 per month

Listing Details

  • Directions: From Hwy 98 in Eastpoint, north on N Bay Shore several miles then left into Magnolia Bay subdivision, then left on Magnolia Bay Dr. Subject on right/west at corner of Magno Bay & Bay Pointe - follow Bay Point to Apalach Bay to see full length of lot.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.9803
  • Lot Size: 100 x 427
  • Road Surface Type: Paved
  • Subdivision Name: Magnolia Bay
  • Special Features: None

Exterior Features

  • Lot Features: Covenants/Restrictions, Boating Access, Survey Available
  • View: Bay, Water
  • View: Yes
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Disclosures: CC&R, Utility Easement, County Zoning

Utilities

  • Sewer: Septic Needed
  • Utilities: Phone Available, Electricity Available, Underground Utilities, Propane

Condo/Co-op/Association

  • Association Fee: 350
  • Community Features: Boat Dock Community, Boat Launch, Tennis Court(s), Pavillion/Gazebo, Pool, No Rental, Gated
  • Association Fee Frequency: Quarterly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 42700
  • Additional Parcels: No
  • Parcel #: 1908S06W6700000B0170
  • Zoning Description: Residential Multi-Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1422

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Oct 22, 2021
Sold by
Ard Wilxner Martin and Ard Brenda K
Bought by
5866 Milwaukee Llc
Seller's Agent
Alissa McIntyre
Anchor Realty Florida
Buyer's Agent
Alissa McIntyre
Anchor Realty Florida
List Price
$265,000
Sold Price
$252,500
Premium/Discount to List
-$12,500
-4.72%
Current Estimated Value
$292,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,139
Avg. Annual Appreciation
3.89%

Purchase Details

Listed on
May 16, 2016
Closed on
Jun 23, 2016
Sold by
Lamb James A and Lamb Bette B
Bought by
Ard Wilmer Martin and Ard Brenda K
Seller's Agent
Spohrer Price Ray Team
Berkshire Hathaway HomeServices - SGI
Buyer's Agent
Helen Spohrer
Berkshire Hathaway HomeServices - SGI
List Price
$199,000
Sold Price
$182,000
Premium/Discount to List
-$17,000
-8.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%

Purchase Details

Closed on
Dec 2, 2003
Sold by
Jim Mallory and Jim Darlene
Bought by
Lamb James A and Lamb Bette B

Purchase Details

Closed on
Jul 19, 2002
Sold by
Wingate David D
Bought by
Jim Mallory and Jim Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2000
Sold by
Erick David Land Corp
Bought by
Windgate David D
Source: Public Records

Range of Values:

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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
5866 Milwaukee Llc $252,500 Attorney
Ard Wilmer Martin $182,000 Attorney
Lamb James A $405,000 First American Title Company
Jim Mallory $280,000 Dodd Title Company Inc
Windgate David D $120,000 Dodd Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jim Mallory $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $252,500 -4.7% --
09/22/2021 09/22/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $265,000 +45.6% --
06/23/2016 06/23/16 Sold $182,000 -8.5% --
05/26/2016 05/26/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $199,000 -- --
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 $2,397 $285,000 $285,000 --
2023 $2,057 $210,000 $210,000 $0
2021 $1,449 $138,320 $138,320 $0
2020 $1,384 $122,360 $122,360 $0
2019 $1,422 $122,360 $122,360 $0
2018 $1,900 $154,280 $0 $0
2017 $1,892 $154,280 $0 $0
2016 $1,945 $160,000 $0 $0
2015 $1,954 $160,000 $0 $0
2014 $1,974 $160,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 307663

Forgotten Coast REALTOR® Association

APN: 19-08S-06W-6700-000B-0170