NOT LISTED FOR SALE

264 U S 98 Apalachicola, FL 32320

Estimated Value: $447,000 - $687,000

3 Beds
2 Baths
1,216 Sq Ft
$463/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $475,000 $391 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,589/month

62 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Deck
  • Florida Architecture
  • Property Fronts a Bay or Harbor
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of May 2021

This rare Bayfront cottage on the west side of Apalachicola offers expansive views of Little St. George and St. Vincent Island. Originally built in 1940 as officer housing for the nearby Army airfield, it still has its original hardwood floors throughout the main living area and 3 bedrooms. Updated galley kitchen features granite counter tops and Mexican tile floor with gas stove top. Single bathroom has tastefully tiled walk in shower and pedestal sink. Sun room addition has Mexican tile floor with updated storm windows. New AC (2 years old) and on demand gas water heater help keep utility bills low. Brand new water treatment system and plumbing installed 3/21 Back deck and landscaped backyard are perfect for watching the sun set over the water. City owns lot next door to the east. Sold unfurnished, shown by appointment only.

Last Agent to Sell the Property

Grayson Shepard

Berkshire Hathaway HomeServices - SGI License #3032872 Listed on: 02/01/2021

Berkshire Hathaway HomeServices - SGI

Last Buyer's Agent

Jackie Etheridge

Anchor Realty Florida License #3461283

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $636

Year Built

  • Built in 1940

Lot Details

  • 8,407 Sq Ft Lot
  • Lot Dimensions are 78 x 151 x 30 x 167
  • Property Fronts a Bay or Harbor
  • Property fronts a state road
  • Landscaped
  • Sprinkler System
  • Zoning described as City,Residential Single Family

Home Design

  • Florida Architecture
  • Brick Foundation
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Shingle Roof
  • Asbestos

Interior Spaces

  • 1,216 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Bay Views
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Dishwasher
  • Tile Countertops
  • Instant Hot Water

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Bulkhead
  • Deck
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Well
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Scarpa Community
  • Philaco Shores Subdivision

Listing and Financial Details

  • Legal Lot and Block BL 1 Lot 3 / BL 1 Lot 3
  • Assessor Parcel Number 0109S08W837000010030

Home Details

Home Type

Single Family

Est. Annual Taxes

$636

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: Hwy 98 west of Apalachicola. Home is directly across from the Shadow lane/Hwy 98 intersection. No sign on property.
  • Inclusions: Appliances and washer/dryer included
  • Prop. Type: Residential
  • Building Stories: 1
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.193
  • Lot Size: 78 x 151 x 30 x 167
  • Road Frontage Type: State Road
  • Subdivision Name: Philaco Shores
  • Architectural Style: Florida Cottage
  • Building Name: Scarpa
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 1
  • Property Attached Yn: No
  • Year Built: 1940
  • NAV22_ResortRentalYN: No
  • NAV22_Room3Name: Kitchen
  • NAV22_Room7Name: Master Bedroom
  • NAV22_Room13Name: Full Bath
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room1Name: Florida Room
  • NAV22_Room5Name: Dining/Living Combo
  • NAV22_Room11Name: Additional Bedroom
  • NAV22_Room9Name: Additional Bedroom
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Refrigerator, Gas Water Heater, Dishwasher, Gas Oven, Instant Hot Water
  • Furnished: Unfurnished
  • Has Basement: None
  • Interior Amenities: Pantry, Vaulted Ceiling(s), Breakfast Bar
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood, Tile
  • Living Area: 1216
  • Window Features: Storm Window(s)
  • Master Bathroom Features: Tile Counters

Exterior Features

  • Exterior Features: Bulkhead/Seawall, Shallow Well
  • Lot Features: Sprinkler System, Landscaped, Within 1/2 Mile of Water, Subdivided, Deeded Water Access
  • Other Structures: Storage
  • Roof: Shingle
  • Pool Features: None
  • Pool Private: No
  • View: Bay, Water
  • View: Yes
  • Waterfront Features: Bay, Waterfront
  • Waterfront: Yes
  • Construction Type: Asbestos, Frame
  • Foundation Details: Brick/Mortar, Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Electric, Ceiling Fan(s)
  • Heating: Central Electric, Floor/Space
  • Sewer: Public Sewer
  • Utilities: Water Connected, Electricity Connected, Sewer Connected, City Trash
  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R-1
  • Lot Size Sq Ft: 8407.08
  • Additional Parcels: No
  • Parcel #: 0109S08W837000010030
  • Zoning Description: City,Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 636
  • Tax Block: BL 1 Lot 3
  • Tax Lot: BL 1 Lot 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
May 21, 2021
Sold by
Scarpa William F
Bought by
Jackson Peter Thomas and Jackson Carolyn Jean
Seller's Agent
Grayson Shepard
Berkshire Hathaway HomeServices - SGI
Buyer's Agent
Jackie Etheridge
Anchor Realty Florida
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%
Current Estimated Value
$563,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,520
Avg. Annual Appreciation
3.97%
Original Mortgage
$356,250
Outstanding Balance
$324,221
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$237,851

Purchase Details

Closed on
Aug 23, 2001
Sold by
Harrington Dianne M and Harrington James D
Bought by
Mclendon Christopher L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.18%
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
Jackson Peter Thomas $475,000 Dodd Title Company Inc
Mclendon Christopher L $225,000 Dodd Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Peter Thomas $356,250
Previous Owner Mclendon Christopher L $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $475,000 -4.8% $391 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $499,000 -- $410 / 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 $7,047 $407,967 $225,000 $182,967
2023 $6,685 $404,150 $225,000 $179,150
2021 $5,987 $75,198 $0 $0
2020 $637 $74,160 $0 $0
2019 $646 $72,493 $0 $0
2018 $672 $71,141 $0 $0
2017 $660 $69,678 $0 $0
2016 $641 $68,245 $0 $0
2015 $641 $67,771 $0 $0
2014 $649 $67,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 306814

Forgotten Coast REALTOR® Association

APN: 01-09S-08W-8370-0001-0030