NOT LISTED FOR SALE

265 Magnolia Bay Dr Eastpoint, FL 32328

Estimated Value: $266,289 - $278,000

1.16 Acres
$234,749 Price per Acre
50,499 Sq Ft Lot

Last Sold April 06, 2022

Last sale price $247,500

Est. 8% increase in value since last sale

Current estimated payment $1,816/month

102 Days on Market

Highlights

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

About This Lot

As of April 2022

1 Acre Bayfront homesite with 100' frontage on Apalachicola Bay. Stunning Sunset Vistas! Shaded with mature indigenous trees and vegetation. Build your private boat dock and venture out for world class fishing on East Bay, the East River and Apalachicola Bay leading to the Gulf of Mexico. Magnolia Bay is a quiet gated community of 44 homesites with the State Forest lands to the north. Community pier with gazebo, pool and tennis court. 10 minute drive to acclaimed beaches on St George Island and restaurants, music venues and shopping in Historic Apalachicola, Florida.

Last Agent to Sell the Property

Pandora Schlitt

Naumann Group Real Estate, Inc. - SGI License #684688 Listed on: 11/27/2021

Last Buyer's Agent

Melissa Chandler

Berkshire Hathaway HomeServices - SGI License #3280547

Berkshire Hathaway HomeServices - SGI

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,397

Lot Details

  • 1.16 Acre Lot
  • Lot Dimensions are 100 x 505
  • Property Fronts a Bay or Harbor
  • Palmetto Ground Covering
  • Natural State Vegetation
  • Oak Trees
  • Pine Trees
  • Wooded Lot

HOA Fees

  • $150 Monthly HOA Fees

Property Views

  • Bay Views

Utilities

  • Underground Utilities
  • Propane
  • Cable TV Available

Listing and Financial Details

  • No Rentals Allowed
  • Legal Lot and Block 20/B / 20/B
  • Assessor Parcel Number 1908S06W6700000B0200

Community Details

Overview

  • Association fees include recreational facilities
  • Magnolia Bay Subdivision
  • The community has rules related to covenants

Amenities

  • Community Gazebo

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool
  • Fishing

Security

  • Controlled Access
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,397

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Directions: From Hway 98, North on Bay Shore Drive
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 1.1593
  • Lot Size: 100 x 505
  • Road Surface Type: Paved
  • Subdivision Name: Magnolia Bay
  • Special Features: None

Exterior Features

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

Utilities

  • Sewer: Aerobic Needed
  • Utilities: Cable Available, Electricity Available, Underground Utilities, Propane
  • Security: Security Gate

Condo/Co-op/Association

  • Association Fee: 450
  • Community Features: Tennis Court(s), Dock, Fishing, Pavillion/Gazebo, Pool, No Rental, Gated
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Recreational Facilities

Lot Info

  • Lot Size Sq Ft: 50500
  • Additional Parcels: No
  • Parcel #: 1908S06W6700000B0200
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 20/B
  • Tax Lot: 20/B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2005
Sold by
Mccormick Scott A and Mccormick Faye
Bought by
Mccormick Faye M and Faye M Mccormick Revocable Trust
Current Estimated Value
$267,702

Purchase Details

Closed on
Jul 3, 2002
Sold by
Wingate David B and Wingate Arlene B
Bought by
Orlando Martinez and Orlando Karon B

Purchase Details

Closed on
Jul 28, 2000
Sold by
Taylor Patrick Land Corp
Bought by
Wingate David B and Wingate Arlene B
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 Buyer Sale Price Title Company
Mccormick Faye M -- Attorney
Orlando Martinez $265,700 Dodd Title Company Inc
Wingate David B $110,000 Dodd Title Company Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2022 04/06/22 Sold $247,500 -1.0% --
03/11/2022 03/11/22 Pending -- -- --
11/28/2021 11/28/21 For Sale $250,000 -- --
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 $1,525 $145,600 $145,600 $0
2020 $1,457 $128,800 $128,800 $0
2019 $1,496 $128,800 $128,800 $0
2018 $1,999 $162,400 $0 $0
2017 $1,991 $162,400 $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: 309565

Forgotten Coast REALTOR® Association

APN: 19-08S-06W-6700-000B-0200