NOT LISTED FOR SALE

281 Bay Dr Panacea, FL 32346

Saint Teresa-Alligator Point Neighborhood

Estimated Value: $259,000 - $368,000

2 Beds
2 Baths
1,018 Sq Ft
$307/Sq Ft Est. Value

Sale Details

Date Sold: February 16, 2018

Last sale price $145,000 $142 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,949 / mo

133 Days on Market

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • Bonus Room
  • Gated Community
  • Vaulted Ceiling
  • Tennis Courts

About This Home

As of February 2018

Reduced!!! Piece of paradise just off HWY 98 in the "Forgotten Coast" of NW Florida, this nice 2 bedroom 2 bath with loft within walking distance to beach in Franklin County. This home offers large cathedral ceilings, fireplace, extra loft for additional living space, oversized screened patio for evening entertaining. Nice quiet gated community that offers private beach access, tennis court and community pool. Call to schedule a showing today!

Last Agent to Sell the Property

David Rosetti

David Rossetti, REALTOR License #3125975 Listed on: 09/20/2017

David Rossetti, REALTOR

Last Buyer's Agent

Russell Cotton

Cotton & Company Real Estate, License #507579

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 16,988 Sq Ft Lot
  • Lot Dimensions are 172x80
  • Partially Fenced Property

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Split Level Home
  • Stucco

Interior Spaces

  • 1,018 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Fireplace
  • Bonus Room
  • Washer
  • Property Views

Kitchen

  • Oven
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Schools

  • Franklin County Middle School
  • Franklin County High School

Utilities

  • Central Heating and Cooling System
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 12037-28-06S-02W-0000-0020-0060

Community Details

Overview

  • Association fees include common areas, pool(s), road maintenance
  • Bay North Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0.39 Acres

HOA Fees

$150 per month

Listing Details

  • Waterfront: No
  • Year Built: 1974
  • Directions: US HWY 98 SOUTH, FRANKLIN COUNTY, LEFT INTO SUBDIVISON BAY NORTH GATED COMMUNITY
  • Elementary School: OTHER COUNTY
  • High School: Franklin County High School
  • PropertySubType: Detached
  • PropertyType: Residential
  • ResoCommunityFeatures: Gated, Pool, Street Lights, Tennis Court(s)
  • Land Info Fencing: Partial
  • Lot Size: 172x80
  • Appliances: Dryer, Dishwasher, Oven, Refrigerator, Stove, Washer
  • Subdivision Name: BAY NORTH
  • Owner Name: FANNIE MAE
  • Architectural Style: Contemporary/Modern, One Story, Split Level, Traditional
  • Bedrooms: 2
  • ResoBuildingAreaSource: Assessor
  • Fireplace: Yes
  • Reso Interior Features: Tray Ceiling(s), Vaulted Ceiling(s), Pantry
  • Unit Levels: Multi/Split
  • Reso Parking Features: Driveway
  • Reso Patio And Porch Features: Covered, Patio, Porch
  • Property Attached Yn: No
  • Reso Room Type: Bonus Room, Pantry
  • Building Stories: 1
  • PropertySubTypeAdditional: Detached,Single Family Residence
  • Special Features: 5120
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Living Area: 1018.0

Exterior Features

  • View: Park/Greenbelt
  • Acres: 0.39
  • Pool Features: In Ground, Community
  • Pool Private: Yes
  • View: Yes
  • Home Warranty: No
  • Construction Materials: Stucco
  • Exterior Features: Satellite Dish

Utilities

  • Heating: Central, Electric, Wood
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Sewer: Septic Tank
  • Security: Gated Community
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1800.0

Fee Information

  • Association Fee Includes: Common Areas, Pool(s), Road Maintenance

Schools

  • Middle Or Junior School: Franklin County Middle School

Lot Info

  • Parcel Number: 12037-28-06S-02W-0000-0020-0060

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2017
Closed on
Feb 13, 2018
Sold by
Bought by
Seller's Agent
David Rosetti
David Rossetti, REALTOR
Buyer's Agent
Russell Cotton
Cotton & Company Real Estate,
List Price
$187,500
Sold Price
$145,000
Premium/Discount to List
-$42,500
-22.67%
Current Estimated Value
$312,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,275
Avg. Annual Appreciation
9.63%

Purchase Details

Closed on
Sep 6, 2017
Sold by
Bought by

Purchase Details

Closed on
Feb 25, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,900
Interest Rate
5.82%
Mortgage Type
New Conventional
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$145,000 Buyers Title Inc
-- Attorney
$2,200 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $98,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/16/2018 02/16/18 Sold $145,000 0.0% $142 / Sq Ft
01/19/2018 01/19/18 Price Changed $145,000 -3.3% $142 / Sq Ft
12/18/2017 12/18/17 Price Changed $150,000 -6.3% $147 / Sq Ft
11/21/2017 11/21/17 Price Changed $160,000 -5.9% $157 / Sq Ft
10/26/2017 10/26/17 Price Changed $170,000 -9.3% $167 / Sq Ft
09/20/2017 09/20/17 For Sale $187,500 -- $184 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,386 $139,462 $75,000 $64,462
2024 $1,401 $139,462 $75,000 $64,462
2023 $1,454 $139,462 $75,000 $64,462
2021 $1,569 $142,876 $75,000 $67,876
2020 $1,602 $144,843 $75,000 $69,843
2019 $1,398 $112,916 $60,000 $52,916
2018 $1,391 $105,800 $0 $0
2017 $784 $94,502 $0 $0
2016 $753 $92,558 $0 $0
2015 $749 $91,915 $0 $0
2014 $746 $91,186 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    David Rosetti

    David Rossetti, REALTOR

    (850) 591-6161

    1 in this area

    47 Total Sales

    David Rosetti
    Section Image
  • Russell Cotton

    Buyer's Agent in 2018

    Russell Cotton

    Cotton & Company Real Estate,

    (850) 545-8004

    1 in this area

    84 Total Sales

    Russell Cotton
    Section Image
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Map

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

MLS Number: 285938

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

APN: 28-06S-02W-0000-0020-0060

Florida Franklin County Panacea 32346 Saint Teresa-Alligator Point

281 Bay Dr, Panacea, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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