NOT LISTED FOR SALE

Estimated Value: $277,000

0.23 Acre
$1,204,348 Price per Acre
10,000 Sq Ft Lot

Last Sold May 06, 2019

Last sale price $150,000

Est. 85% increase in value since last sale

Current estimated payment $1,786/month

492 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Canal View
  • Heating Available
  • Sailboat Water Access
  • No HOA

About This Lot

As of May 2019

Wide canal, No bridges, Perfect sailboat location, and Immediate direct access to Intracoastal Waterway. The use of the Ferry system has created the ideal "gated community" and an environment protecting Nature at it's Finest! The island has plenty of beautiful uncrowded beach access locations where islanders gather at sunset to observe the vibrant colors of painted skies. Numerous large builders work on the island and do everything from new construction to remodeling. There is discussion about county sewers being installed in the future. You will AVOID the future sewer assessments when you purchase this property because Lemon Bay Lane is the only street on Palm Island that currently has a county sewer line installed. There will be only the typical county sewer hook-up charge when you build. That charge is currently $5000. Preferred access to the island is with a knowledgeable island realtor, or you may access the island by bicycle after paying a $10 Ferry fee (round trip) or a $55 vehicle fee (round trip). You will be enchanted by the last pristine barrier island on the Gulf coast with crystal clear waters, beautiful bays, and seven miles of silky sand beaches.

Last Agent to Sell the Property

Robert Jensen

KW COASTAL LIVING License #0614630 Listed on: 12/18/2017

KW COASTAL LIVING

Last Buyer's Agent

Robert Jensen

KW COASTAL LIVING License #0614630 Listed on: 12/18/2017

KW COASTAL LIVING

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,236

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 80x125x80x125
  • 80 Feet of Waterfront
  • Property fronts a saltwater canal
  • Property is zoned BBI

Property Views

  • Canal Views

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10 / H
  • Assessor Parcel Number 412028302001

Community Details

Overview

  • No Home Owners Association
  • Palm Island Estates Community
  • Palm Island Estates Subdivision

Recreation

  • Sailboat Water Access
  • No Fixed Bridges
  • Access to Saltwater Canal
  • No Wake Zone

Property Details

Property Type

Land

Est. Annual Taxes

$2,236

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10000
  • Directions to Property: Free parking at Panama Blvd, cross on ferry (8$ per person) proceed toward north end on island and take the last right turn before entering the resort. Follow Lemon Bay Lane to Sign.
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.79407
  • Price per Sq Ft: 15
  • Close to Original List Price Ratio: 0.79365
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 28

Exterior Features

  • View: Water
  • Water Body Name: Palm Canal
  • Waterfront: Yes
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges, No Wake Zone, Sailboat Water
  • Water View Y N: Yes
  • Front Footage: 80
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0189F
  • Road Frontage Ft: 80
  • Waterfront Frontage: 80
  • Additional Water Information: Property is located only a few hundred feet from Intracoastal Waterway.
  • Water Frontage Feet Canal Salt: 80

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Fire Hydrant, Sewer Available, Underground Utilities
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: BBI
  • Parcel Number: 412028302001
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 80x125x80x125
  • Millage Rate: 17.67
  • Price Per Acre: 652174
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-05-05
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 2236
  • Tax Block: H
  • Tax Book Number: 6-4
  • Tax Lot: 10

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2017
Closed on
May 3, 2019
Sold by
Noehles Henry C and Noehles Carol L
Bought by
Calkins Keith and Calkins Maritta
Seller's Agent
Robert Jensen
KW COASTAL LIVING
Buyer's Agent
Robert Jensen
KW COASTAL LIVING
List Price
$189,000
Sold Price
$150,000
Premium/Discount to List
-$39,000
-20.63%
Current Estimated Value
$277,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,000

Purchase Details

Closed on
Jan 31, 2013
Sold by
Noehles Henry C
Bought by
Noehles Henry C and Noehles Carol L

Purchase Details

Closed on
Nov 1, 2004
Sold by
Palm Island Investment Corp
Bought by
Noehles Henry C and Lemna William F
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
Calkins Keith $150,000 Attorney
Noehles Henry C -- Attorney
Noehles Henry C $340,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2019 05/06/19 Sold $150,000 -20.6% --
04/24/2019 04/24/19 Pending -- -- --
03/19/2018 03/19/18 Price Changed $188,900 -0.1% --
12/17/2017 12/17/17 For Sale $189,000 -- --
Source: Stellar MLS

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
2022 $3,414 $203,320 $203,320 $0
2021 $2,878 $130,560 $130,560 $0
2020 $2,869 $129,200 $129,200 $0
2019 $2,741 $122,400 $122,400 $0
2018 $2,439 $108,800 $108,800 $0
2017 $2,229 $108,800 $108,800 $0
2016 $2,260 $108,800 $0 $0
2015 $2,230 $105,400 $0 $0
2014 $2,189 $104,584 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D5921890

Stellar MLS

APN: 412028302001