$520,000
SOLD SEP 16, 2024

2537 Ellie Ln Alford, FL 32420

3 Beds
2 Baths
1,403 Sq Ft
1.2 Acres

Recently Sold

$371 Per Sq Ft

10% Below List Price

9 Days on Market

Highlights

  • Lake Front
  • Sun or Florida Room
  • Home Office
  • Florida Architecture
  • No HOA
  • Screened Porch

About This Home

As of September 2024

Lakefront home on beautiful Compass Lake. Here's that perfect getaway you've always dreamed of. 3 bedrooms with 2 baths, with gorgeous views of the Lake. Home was completely renovated and added on to in 2018 & 2019 with New metal roof, New HVAC, plumbing,electrical, flooring, cabinets, granite counter tops, windows, office addition with storage, and 2 car carport, paved driveway, Tankless water heater, and newer well. New covered dock addition with 12K boat lift, beautiful screened in back covered lanai over looking the lake. This home must be seen to appreciate. Great lake to swim, fish, ski or just cruising. Panama City is 35 min away. Make your appt today.

Last Agent to Sell the Property

Tim Sapp

Grand Palms Realty LLC License #BK685358 Listed on: 07/27/2024

Last Buyer's Agent

John Milton

Indian Springs Real Estate License #bk3393939

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,336

Year Built

  • Built in 1966

Lot Details

  • 1.2 Acre Lot
  • Lot Dimensions are 172x346x160x346
  • Lake Front
  • Property fronts a county road
  • Sloped Lot
  • Cleared Lot
  • Zoning described as County,Resid Single Family

Home Design

  • Florida Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Steel Frame
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,403 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Home Office
  • Sun or Florida Room
  • Screened Porch
  • Storage Room
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • Detached Carport Space
  • Driveway
  • Paved Parking

Outdoor Features

  • Screened Patio

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,336

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1966
  • Property Sub Type: Detached
  • Lot Size Acres: 1.2
  • Lot Size: 172x346x160x346
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Subdivision Name: [No Recorded Subdiv]
  • Architectural Style: Florida
  • Carport Y N: Yes
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Water Heater, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Split Bedrooms, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1403.0
  • Dining Room Type: Bedroom, Dining Room, Florida Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office, Screened Porch, Storage Room
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront Features: Boat Ramp/Lift Access, Dock Access, Lake, Lake Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Brick, Steel Frame, Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch, Screened
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Detached Carport, Driveway, Paved
  • Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Septic Available, Water Available
  • Security Features: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Ductless, Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Lot Info

  • Lot Features: Cleared, Sloped, Waterfront
  • Lot Size Sq Ft: 52272.0
  • Zoning Description: County,Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2336.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2024
Closed on
Sep 16, 2024
Sold by
Sapp Timothy G and Sapp Patsy D
Bought by
Davis Jared and Davis Samantha
Seller's Agent
Tim Sapp
Grand Palms Realty LLC
Buyer's Agent
John Milton
Indian Springs Real Estate
List Price
$575,000
Sold Price
$520,000
Premium/Discount to List
-$55,000
-9.57%
Views
9
Current Estimated Value
$562,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,469
Avg. Annual Appreciation
8.25%
Original Mortgage
$468,000
Outstanding Balance
$463,423
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$99,046

Purchase Details

Listed on
Apr 7, 2015
Closed on
Sep 2, 2016
Sold by
Christensen Frank Jacob and Christensen Margaret G
Bought by
Sapp Timothy G and Sapp Patsy D
Seller's Agent
Ora Mock
Chipola Realty
Buyer's Agent
Tim Sapp
FLORIDA SHOWCASE REALTY, INC.
List Price
$249,000
Sold Price
$220,000
Premium/Discount to List
-$29,000
-11.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $520,000 Anchor Title
Warranty Deed $520,000 Anchor Title
Warranty Deed $220,000 Marianna Title Services Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $468,000 New Conventional
Closed $468,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Sold $520,000 -9.6% $371 / Sq Ft
08/06/2024 08/06/24 Pending -- -- --
07/27/2024 07/27/24 For Sale $575,000 +161.4% $410 / Sq Ft
06/20/2022 06/20/22 Off Market $220,000 -- --
09/02/2016 09/02/16 Sold $220,000 -11.6% $165 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
04/07/2015 04/07/15 For Sale $249,000 -- $187 / Sq Ft
Source: Central Panhandle Association 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
2024 $2,400 $224,442 -- --
2023 $2,336 $217,905 $0 $0
2022 $2,122 $211,558 $0 $0
2021 $1,893 $187,083 $0 $0
2020 $1,803 $176,330 $131,250 $45,080
2019 $2,439 $176,245 $131,250 $44,995
2018 $2,449 $176,920 $131,250 $45,670
2017 $2,457 $177,150 $131,250 $45,900
2016 $2,417 $177,547 $131,250 $46,297
2015 $2,459 $176,035 $131,250 $44,785
2014 -- $175,761 $131,250 $44,511
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 760557

Central Panhandle Association of REALTORS®

APN: 01-2N-12-0373-00B0-0010