NOT LISTED FOR SALE

27 River Dr Panacea, FL 32346

Estimated Value: $194,091 - $265,000

2 Beds
2 Baths
806 Sq Ft
$292/Sq Ft Est. Value

Last Sold October 23, 2013

Last sale price $78,500 $97 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $1,308/month

94 Days on Market

Highlights

  • Bay View
  • Cottage
  • Eat-In Kitchen
  • Ground Level Unit
  • Fireplace
  • Central Heating and Cooling System

About This Home

As of October 2013

A truly unique "Old Florida" style cottage in Ochlockonee Bay with a partial Bay view from this nicely wooded and landscaped lot. Comes fully furnished with everything from beds to dishes, this place is turn key. Set up with a main house and guest cottage, each section has been restored from the ground up while maintaining its original historic appearance. Master Bedroom,bath, living room, and kitchen in main house, guest quarters, laundry and storage in cottage. Built in 1945 this home used to be one of the guest houses for the original Breakaway Lodge. Less than a block to the Bay and public boat ramp and convenient to beaches, restaurants, and shopping. Would make an outstanding fishing getaway, or unique and scenic weekend getaway. Why buy just a lot when you can have a place to stay for the same price?

Last Agent to Sell the Property

Josh Brown

Waypoint Properties License #3029165 Listed on: 07/18/2013

Last Buyer's Agent

Josephine Ang

Re/Max Professionals Realty License #541166

Re/Max Professionals Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 0.37 Acre Lot
  • Unpaved Streets

Parking

  • Driveway

Home Design

  • Cottage

Interior Spaces

  • 806 Sq Ft Home
  • Fireplace
  • Combination Dining and Living Room
  • Utility Room
  • Bay Views

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Schools

  • Medart Elementary School
  • Wakulla Middle School
  • Wakulla High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Water Heater

Community Details

  • River Bend Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / C

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Residential
  • Lot: 3
  • Miscellaneous: Shower Stall
  • Road Frontage Type: Unpaved
  • Sold Price Per Sq Ft: 97.39
  • Style Exterior: Cottage
  • Subdivision: River Bend
  • Tax Item Number: 03-6s-02w-036-0389-003
  • Type: Detached Single Family
  • Street Designation: Drive
  • Number Of Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 806
  • Year Built: 1945
  • Directions: Hwy 98s to Surf Rd to left on Roho to left on River Dr.
  • Elementary School: MEDART
  • Geo Longitude: -84.4294586181641
  • High School: WAKULLA
  • Middle School: WAKULLA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment: Dishwasher, Dryer, Washer
  • Fireplace: Yes
  • Floor Plan: Unit - Ground Floor
  • Kitchen Dim: 10x12
  • Living Area Description: Kitchen - Eat In, Combo Living Rm/DiningRm, Separate Kitchen
  • Master Bedroom Dim: 15x10
  • Other Rooms: Utility Room - Inside

Exterior Features

  • Frontageview: Bay View
  • Number Of Acres: 0.37

Garage/Parking

  • Garage: Driveway Only

Utilities

  • Heating: Central, Electric
  • Cooling: Central, Natural Gas
  • Water Heater: Electric
  • Utility Provider: COMM: Well, OTH: Local to County

Lot Info

  • Lot Dimensions: 96x195x84x154
  • Geo Subdivision: FL

Tax Info

  • Taxes: 845

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2012
Closed on
May 31, 2012
Sold by
Kirst Carol S
Bought by
Bourland Bonnie C
Seller's Agent
Cheryl Swift
Waypoint Properties
Buyer's Agent
Cindy Teem
Armor Realty, Inc
List Price
$112,500
Sold Price
$102,750
Premium/Discount to List
-$9,750
-8.67%
Current Estimated Value
$235,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,773
Avg. Annual Appreciation
6.28%

Purchase Details

Closed on
Jul 15, 2009
Sold by
Wettach Stephen J and Wettach Judith M
Bought by
Kirst Carol S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,100
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2005
Sold by
Hoppenbrouwer Edward A and Hoppenbrouwer Jackie C
Bought by
Wettach Stephen J and Wettach Judith M

Purchase Details

Closed on
May 7, 2003
Sold by
Shouse Wilma A
Bought by
Hoppenbrouwer Edward A and Hoppenbrouwer Jackie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
5.86%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bourland Bonnie C $102,800 Attorney
Kirst Carol S $109,000 Wakulla Title Company Inc
Wettach Stephen J $195,000 Wakulla Title Company Inc
Hoppenbrouwer Edward A $12,000 North State Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kirst Carol S $98,100
Previous Owner Hoppenbrouwer Edward A $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2013 10/23/13 Sold $78,500 -21.4% $97 / Sq Ft
10/20/2013 10/20/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $99,900 -2.8% $124 / Sq Ft
05/31/2012 05/31/12 Sold $102,750 -8.7% $136 / Sq Ft View Prior Sale
05/24/2012 05/24/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $112,500 -- $149 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board 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
2025 $921 $70,369 -- --
2024 $883 $68,386 -- --
2023 $874 $66,394 $0 $0
2022 $780 $64,287 $0 $0
2021 $774 $62,259 $0 $0
2020 $716 $61,399 $0 $0
2019 $713 $59,306 $0 $0
2018 $708 $58,200 $0 $0
2017 $707 $57,003 $0 $0
2016 $710 $55,831 $0 $0
2015 $1,176 $54,822 $0 $0
2014 $1,125 $50,294 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

MLS Number: 236965

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

APN: 03-6S-02W-036-03809-003