NOT LISTED FOR SALE

257 Magnolia Bay Dr Eastpoint, FL 32328

Estimated Value: $1,366,000 - $1,592,495

4 Beds
4.5 Baths
3,317 Sq Ft
$436/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $1,487,500 $448 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $8,979/month

38 Days on Market

Highlights

  • Beach Front
  • Private Beach
  • Community Boat Launch
  • Docks
  • Boat Lift
  • Heated In Ground Pool

About This Home

As of February 2023

Gorgeous Custom Built Bay Front home in Magnolia Bay Gated Community. Sunsets over the Bay 365 days a year! Outstanding Craftsmanship in every detail of this magnificent 4 bedroom, 4 1/2 bath Home. Heated Salt water Pool, dock with Boat Lift, private sandy beach, Chef's kitchen with Gas Stove/Oven, Wine Fridge, Warming Drawer, and Large Island with seating, Private Master Bedroom with dual vanities, beautiful soaking tub, separate shower, 2 Walk in closets, and View of the Bay. Large Living room is open to the Kitchen and Breakfast areas. All with views of the Pool, Bay, and Sunsets. All Bedrooms have Private baths, one including Shower/Steam Room. Separate Breakfast, Dining, and Sitting rooms. Separate Mud Room entrance with plentiful Cabinet space and including Washer/Dryer. Virtual tour https://my.matterport.com/show/?m=wiYmDvsHeeC

Last Agent to Sell the Property

Jay Chesley

Harbor Realty, LLC Brokerage Phone: 8503701020 License #3287081 Listed on: 11/30/2022

Co-Listed By

Lisa Chesley

Harbor Realty, LLC Brokerage Phone: 8503701020 License #3272164

Last Buyer's Agent

Debbie Byrd

Anchor Realty Florida License #642251

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,427

Year Built

  • Built in 2007

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 100 x 487 x 110 x 520
  • Beach Front
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Private Beach
  • Street terminates at a dead end
  • Vinyl Fence
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Lawn Pump

HOA Fees

  • $117 Monthly HOA Fees

Home Design

  • Custom Home
  • Contemporary Architecture
  • Off Grade Structure
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 3,317 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Woodwork
  • Crown Molding
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Insulated Windows
  • Blinds
  • Drapes & Rods
  • French Doors
  • Insulated Doors
  • Screened Porch
  • Storage
  • Sauna
  • Bay Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Convection Oven
  • Gas Oven
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Tile Countertops
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower

Outdoor Features

  • Boat Lift
  • Docks
  • Balcony
  • Outdoor Grill

Location

  • Flood Insurance May Be Required

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Aerobic Septic System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Exclusions: All items in 'Piano' room, personal items, some artwork.
  • No Short Term Rentals Allowed
  • Legal Lot and Block Lot 18 Block B / Lot 18 Block B
  • Assessor Parcel Number 1908S06W6700000B0180

Community Details

Overview

  • Association fees include accounting, recreational facilities, reserve fund, outdoor lights
  • Magnolia Bay Subdivision
  • The community has rules related to covenants

Recreation

  • Community Boat Launch
  • Tennis Courts
  • Community Pool

Additional Features

  • Community Gazebo
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,427

Year Built

Built in 2007

Lot Details

0

HOA Fees

$117 per month

Listing Details

  • Attribution Contact: 8503701020
  • Directions: From Hwy 98 in Eastpoint, go north on North Bayshore Drive for 1.8 miles. Left into Magnolia Bay, Gated Subdivision (call Listing Agent for Gate Code). Go to Tee, and turn Left. 4th House on the right. No Sign in Yard. 257 on mailbox with white post.
  • Inclusions: Water Softener, Yard equipment, Furniture and accessories excluding those listed in Exclusions.
  • Prop. Type: Residential
  • Building Stories: 2
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 1.1
  • Lot Size: 100 x 487 x 110 x 520
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 58
  • Co List Office Phone: 850-370-1020
  • Subdivision Name: Magnolia Bay
  • Architectural Style: Custom, Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 2
  • Property Attached Yn: No
  • Year Built: 2007
  • NAV22_ResortRentalYN: No
  • NAV22_BuildersWarrantyYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Convection Oven, Dishwasher, Gas Oven, Electric Water Heater, Wine Refrigerator, Dryer, Self Cleaning Oven, Refrigerator w/Ice Maker, Instant Hot Water, Washer, Exhaust Fan, Water Filtration System
  • Furnished: Furnished
  • Has Basement: None
  • Interior Amenities: Ceiling Treyed/Coffered, Recessed Lighting, Pantry, Split Bedroom, Woodwork Painted, Vaulted Ceiling(s), Storage, Breakfast Nook, Crown Molding, Ceiling Raised, Kitchen Island, Sauna/Steam Room, Walk-In Closet(s)
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors, Insulated Door(s)
  • Fireplace: No
  • Flooring: Hardwood, Carpet, Tile
  • Living Area: 3317
  • Window Features: Drapery Rods, Window Treatments, Double Pane Windows, Insulated Windows
  • Master Bedroom Features: Blinds, Master Downstairs, Carpeted, Sitting Area, Walk-In Closet(s)
  • Master Bathroom Features: Tile Counters, Walk-In Closet(s), Double Vanity, Separate Shower

Exterior Features

  • Exclusions: All items in 'Piano' room, personal items, some artwork.
  • Exterior Features: Barbecue, Lawn Pump, Shallow Well, Outdoor Shower, Shore Beach, Boat Lift, Dock
  • Lot Features: Landscaped, Flood Insurance Required, Dead End, Level, Private Beach, Subdivided, Covenants/Restrictions
  • Other Structures: Yard Building
  • Roof: Metal
  • Fencing: Back Yard, Partial, Vinyl
  • Pool Features: Heated, Gunite/Concrete, In Ground, Salt Water
  • Pool Private: Yes
  • View: Bay, Water
  • View: Yes
  • Waterfront Features: Bay, Waterfront
  • Waterfront: Yes
  • Construction Type: Frame, HardiPlank Type
  • Foundation Details: Slab, Off Grade
  • Patio And Porch Features: Rear Porch, Balcony, Front Porch, Covered Porch, Screened
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway, Circular Driveway, Garage Detached, Garage Door Opener
  • Total Parking Spaces: 4

Utilities

  • Cooling: Heat Pump, Central Electric, Multi Units, Ceiling Fan(s)
  • Heating: Central Electric, Two or More, Heat Pump
  • Sewer: Aerobic Septic
  • Utilities: Cable Available, Water Connected, Internet Available, Electricity Connected, Sewer Connected, Private Trash, Underground Utilities
  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Accounting, Recreational Facilities, Reserve Fund, Outdoor Lights

Lot Info

  • Zoning: R-1
  • Lot Size Sq Ft: 47916
  • Additional Parcels: No
  • Parcel #: 1908S06W6700000B0180
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7427
  • Tax Block: Lot 18 Block B
  • Tax Lot: Lot 18 Block B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Feb 10, 2023
Sold by
Christopher Mark Spice Revocable Living
Bought by
Soupene John and Soupene Amy
Seller's Agent
Jay Chesley
Harbor Realty, LLC
Buyer's Agent
Debbie Byrd
Anchor Realty Florida
List Price
$1,495,000
Sold Price
$1,487,500
Premium/Discount to List
-$7,500
-0.5%
Current Estimated Value
$1,444,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,876
Avg. Annual Appreciation
-0.84%
Original Mortgage
$1,190,000
Outstanding Balance
$1,147,152
Interest Rate
5.15%
Mortgage Type
New Conventional
Estimated Equity
$308,793

Purchase Details

Listed on
Dec 12, 2020
Closed on
Jan 25, 2021
Sold by
Hilwig Joseph M and Hilwig Sheila H
Bought by
Spice Christopher Mark and Spice Christopher Mark
Seller's Agent
TAMI MCDOWELL
Jeff Galloway Real Estate
Buyer's Agent
Jay Chesley
Harbor Realty, LLC
List Price
$1,175,000
Sold Price
$1,080,000
Premium/Discount to List
-$95,000
-8.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.99%

Purchase Details

Listed on
May 2, 2017
Closed on
Jun 1, 2017
Sold by
Lance Dennis W
Bought by
Hilwig Joseph M and Hilwig Sheila H
Seller's Agent
Shelley Shepard
Berkshire Hathaway HomeServices - SGI
Buyer's Agent
Helen Spohrer
Berkshire Hathaway HomeServices - SGI
List Price
$795,000
Sold Price
$780,000
Premium/Discount to List
-$15,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$150,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 20, 2010
Sold by
Moody Sandra D
Bought by
Lance Dennis W

Purchase Details

Closed on
Jan 18, 2007
Sold by
Shuler Lp
Bought by
Moody Sandra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,345,000
Interest Rate
6.62%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 18, 2002
Sold by
Tianne Wingate and Tianne Leslie Dickens
Bought by
Shuler Limited Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2000
Sold by
Erick David Land Corp
Bought by
Tianne Wingate and Tianne Leslie Dickens
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Soupene John $1,487,500 --
Spice Christopher Mark $1,080,000 Dodd Title Company Inc
Hilwig Joseph M $780,000 Attorney
Lance Dennis W $699,000 None Available
Moody Sandra D $520,000 Dodd Title Company Inc
Shuler Limited Partnership $275,000 Dodd Title Company Inc
Tianne Wingate $120,000 Dodd Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soupene John $1,190,000
Previous Owner Hilwig Joseph M $150,000
Previous Owner Moody Sandra D $1,345,000
Previous Owner Shuler Limited Partnership $435,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $1,487,500 -0.5% $448 / Sq Ft
01/08/2023 01/08/23 Pending -- -- --
11/30/2022 11/30/22 For Sale $1,495,000 +38.4% $451 / Sq Ft
01/25/2021 01/25/21 Sold $1,080,000 -8.1% $326 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
12/12/2020 12/12/20 For Sale $1,175,000 +50.6% $354 / Sq Ft
06/01/2017 06/01/17 Sold $780,000 -1.9% $235 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $795,000 -- $240 / Sq Ft
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 $11,884 $1,263,250 $285,000 $978,250
2023 $9,468 $966,334 $210,000 $756,334
2022 $7,736 $807,067 $0 $0
2021 $5,945 $596,617 $0 $0
2020 $6,233 $588,380 $126,385 $461,995
2019 $6,456 $593,123 $126,385 $466,738
2018 $6,756 $585,311 $0 $0
2017 $6,075 $493,894 $0 $0
2016 $6,110 $501,148 $0 $0
2015 $6,138 $501,148 $0 $0
2014 $6,242 $504,453 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jay Chesley

    Harbor Realty, LLC

    (850) 653-6995

    8 in this area

    20 Total Sales

    Jay Chesley
    Section Image

  • L

    Seller Co-Listing Agent in 2023

    Lisa Chesley

    Harbor Realty, LLC

    (850) 653-7040

    7 in this area

    18 Total Sales

    Lisa Chesley
    Section Image

  • D

    Buyer's Agent in 2023

    Debbie Byrd

    Anchor Realty Florida

    (850) 264-8522

    2 in this area

    6 Total Sales

    Debbie Byrd
    Section Image

  • T

    Seller's Agent in 2021

    TAMI MCDOWELL

    Jeff Galloway Real Estate

    (786) 865-6858

    6 in this area

    34 Total Sales

    TAMI MCDOWELL
    Section Image
  • Shelley Shepard

    Seller's Agent in 2017

    Shelley Shepard

    Berkshire Hathaway HomeServices - SGI

    (850) 653-6621

    25 in this area

    248 Total Sales

    Shelley Shepard
    Section Image
  • Helen Spohrer

    Buyer's Agent in 2017

    Helen Spohrer

    Berkshire Hathaway HomeServices - SGI

    (850) 866-4424

    1 Total Sale

    Helen Spohrer
    Section Image
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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 312847

Forgotten Coast REALTOR® Association

APN: 19-08S-06W-6700-000B-0180

Florida Franklin County Eastpoint 32328

257 Magnolia Bay Dr, Eastpoint, FL

This home is located at 257 Magnolia Bay Dr, Eastpoint, FL 32328 since 30 November 2022 and is currently estimated at $1,444,624, approximately $435 per square foot. This property was built in 2007. 257 Magnolia Bay Dr 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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