NOT LISTED FOR SALE

272 Magnolia Bay Dr Eastpoint, FL 32328

Estimated Value: $87,000 - $250,000

1 Acre
$128,844 Price per Acre
43,560 Sq Ft Lot

Last Sold March 26, 2024

Last sale price $85,000

Est. 52% increase in value since last sale

Current estimated payment $880/month

121 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Bay View
  • Wooded Lot
  • Boat Dock
  • Gated Community
  • Tennis Courts

About This Lot

As of March 2024

Nestled in an exclusive subdivision, this 1-acre lot offers bay views and exclusive community amenities, including a private dock/boat launch, tennis court, and pool. The expansive lot provides a blank canvas for your custom home, and it's conveniently located with easy access to St. George Island and Apalachicola.

Last Agent to Sell the Property

Marcell Duarte

Coastal Realty Group-CSB South Brokerage Email: 8502277770, officeadmin@coastalrealtycsb.com License #3508326 Listed on: 10/23/2023

Co-Listed By

Eliseo Duarte

Coastal Realty Group-CSB South Brokerage Email: 8502277770, officeadmin@coastalrealtycsb.com License #3017012

Last Buyer's Agent

Marcell Duarte

Coastal Realty Group-CSB South Brokerage Email: 8502277770, officeadmin@coastalrealtycsb.com License #3508326 Listed on: 10/23/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $337

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 200 x 217
  • Wooded Lot
  • Zoning described as County,Residential Single Family

HOA Fees

  • $150 Monthly HOA Fees

Property Views

  • Bay Views

Utilities

  • Underground Utilities
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 1908S06W6700000B0060

Community Details

Overview

  • Association fees include ground maintenance
  • Magnolia Bay Subdivision
  • The community has rules related to covenants

Recreation

  • Boat Dock
  • Community Boat Launch
  • Tennis Courts
  • Deeded Waterfront Access Rights

Additional Features

  • Community Gazebo
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$337

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Attribution Contact: 8502277770, officeadmin@coastalrealtycsb.com
  • Directions: Traveling west on Hwy 98. Before the Bridge turn right on Bayshore Dr. Approx. 2 miles entrance on the left
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 1
  • Lot Size: 200 x 217
  • Co List Office Mls Id: 367
  • Co List Office Phone: 850-227-7770
  • Subdivision Name: Magnolia Bay
  • Special Features: None

Exterior Features

  • Lot Features: Covenants/Restrictions, Deeded Water Access, Within 1/2 Mile of Water, Wooded
  • View: Bay, Water
  • View: Yes
  • Waterfront: No
  • Disclosures: CC&R

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available, Underground Utilities
  • Security: Security Gate
  • Water Source: Well Needed

Condo/Co-op/Association

  • Association Fee: 450
  • Community Features: Boat Launch, Dock, Gated, Pavillion/Gazebo, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 43560
  • Additional Parcels: No
  • Parcel #: 1908S06W6700000B0060
  • Zoning Description: County,Residential Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Mar 26, 2024
Sold by
Whaley Terry I and Whaley Cheryl L
Bought by
Anders James F
Seller's Agent
Marcell Duarte
Coastal Realty Group-CSB South
Buyer's Agent
Marcell Duarte
Coastal Realty Group-CSB South
List Price
$109,000
Sold Price
$85,000
Premium/Discount to List
-$24,000
-22.02%
Views
43
Current Estimated Value
$128,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,844
Avg. Annual Appreciation
2.16%

Purchase Details

Listed on
May 8, 2016
Closed on
Nov 28, 2017
Sold by
Kutner Jean Miller
Bought by
Whaley Terry J and Whaley Cheryl L
Buyer's Agent
Robin Hilton
Jeff Galloway Real Estate
List Price
$29,000
Sold Price
$29,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.55%

Purchase Details

Listed on
May 8, 2016
Closed on
Nov 27, 2017
Sold by
Coulter Kaley Ison and Ison Kaley
Bought by
Kutner Jean Miller and Stephen Saul Kutner Family Tru
Buyer's Agent
Robin Hilton
Jeff Galloway Real Estate
List Price
$29,000
Sold Price
$29,000

Purchase Details

Closed on
Feb 1, 2017
Bought by
Kutner Jean Miller

Purchase Details

Listed on
Jan 28, 2011
Closed on
Aug 23, 2013
Sold by
Capital City Bank
Bought by
Kutner Stephen and Ison Kaley
Seller's Agent
Glenda McLemore
G3 Realty Group, LLC
Buyer's Agent
Jeff Galloway
Jeff Galloway Real Estate
List Price
$25,900
Sold Price
$14,500
Premium/Discount to List
-$11,400
-44.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.16%

Purchase Details

Closed on
Jan 6, 2011
Sold by
Cunningham Julia L and Settle Gary
Bought by
Capital City Bank

Purchase Details

Closed on
May 14, 2008
Sold by
Settle Gary S
Bought by
Cunningham Julia L

Purchase Details

Closed on
Aug 26, 2002
Sold by
Reynolds Harold C
Bought by
Ugland Erick F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,800
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2001
Sold by
Ulrich Construction Inc
Bought by
Reynolds Harold C
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
Anders James F $85,000 None Listed On Document
Whaley Terry J $29,000 Dodd Title Co Inc
Kutner Jean Miller -- Dodd Title Co Inc
Kutner Jean Miller $100 --
Kutner Stephen $14,500 Attorney
Capital City Bank -- None Available
Cunningham Julia L -- None Available
Ugland Erick F $75,000 Dodd Title Company Inc
Reynolds Harold C $57,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cunningham Julia L $125,000
Previous Owner Ugland Erick F $63,800
Closed Reynolds Harold C $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $85,000 -13.7% --
01/31/2024 01/31/24 Price Changed $98,500 -9.6% --
10/25/2023 10/25/23 For Sale $109,000 +275.9% --
11/30/2017 11/30/17 Sold $29,000 0.0% --
11/09/2017 11/09/17 Pending -- -- --
05/08/2016 05/08/16 For Sale $29,000 +100.0% --
08/23/2013 08/23/13 Sold $14,500 -44.0% --
07/31/2013 07/31/13 Pending -- -- --
01/28/2011 01/28/11 For Sale $25,900 -- --
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 $337 $47,548 $47,548 --
2023 $347 $50,050 $50,050 $0
2021 $224 $22,022 $22,022 $0
2020 $201 $17,017 $17,017 $0
2019 $224 $18,518 $18,518 $0
2018 $255 $20,020 $0 $0
2017 $183 $14,214 $0 $0
2016 $228 $18,000 $0 $0
2015 $180 $14,000 $0 $0
2014 $157 $12,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 315641

Forgotten Coast REALTOR® Association

APN: 19-08S-06W-6700-000B-0060