NOT LISTED FOR SALE

2885 Highway 98 E Unit East Carrabelle, FL 32322

Lanark Village Neighborhood

Estimated Value: $251,000

0.69 Acre
$363,768 Price per Acre
30,056 Sq Ft Lot

Last Sold October 12, 2021

Last sale price $39,000

Est. 544% increase in value since last sale

Current estimated payment $1,388/month

1,214 Days on Market

Highlights

  • Bay View
  • 0.69 Acre Lot
  • No HOA

About This Lot

As of October 2021

Two lots! Invest in Franklin County on the Forgotten Coast in the Florida Panhandle on the Gulf of Mexico. This lovely wooded parcel consists of two 100'x150' lots on the north side of Hwy 98 E with bay views. Ideal location near St. James Bay Golf Course and the Lanark Marina. This quiet area is the perfect place for your coastal home, an hour from Tallahassee.

Last Agent to Sell the Property

Spohrer Price Ray Team

Berkshire Hathaway HomeServices - SGI License #3424392 Listed on: 04/24/2018

Berkshire Hathaway HomeServices - SGI

Last Buyer's Agent

Spohrer Price Ray Team

Berkshire Hathaway HomeServices - SGI License #3424392 Listed on: 04/24/2018

Berkshire Hathaway HomeServices - SGI

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $414

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 200' x 150'
  • Property fronts a highway

Property Views

  • Bay Views

Community Details

  • No Home Owners Association
  • St James Island Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0407S03W3151000B0110

Property Details

Property Type

Land

Est. Annual Taxes

$414

Lot Details

0

Listing Details

  • Directions: Just east of golf course entrance on north side of Hwy 98 E
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.69
  • Lot Size: 200' x 150'
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Subdivision Name: St James Island Park
  • Special Features: None

Exterior Features

  • Lot Features: Within 1/2 Mile of Water
  • View: Bay, Water
  • View: Yes
  • Waterfront: No
  • Disclosures: County Zoning

Utilities

  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 30056.4
  • Additional Parcels: No
  • Parcel #: 0407S03W3151000B0110
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 413.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
Oct 11, 2021
Sold by
Oyster Works Inc
Bought by
Ladrigan Jacob J and Ladrigan Jennifer L
Seller's Agent
Spohrer Price Ray Team
Berkshire Hathaway HomeServices - SGI
Buyer's Agent
Spohrer Price Ray Team
Berkshire Hathaway HomeServices - SGI
List Price
$42,000
Sold Price
$39,000
Premium/Discount to List
-$3,000
-7.14%
Current Estimated Value
$251,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,000
Avg. Annual Appreciation
66.77%
Original Mortgage
$24,000
Outstanding Balance
$19,056
Interest Rate
2.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$258,944
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Ladrigan Jacob J $39,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ladrigan Jacob J $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $39,000 -7.1% --
08/26/2021 08/26/21 Pending -- -- --
04/29/2018 04/29/18 For Sale $42,000 -- --
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 $666 $70,000 $70,000 --
2023 $790 $80,000 $80,000 $0
2021 $810 $51,000 $51,000 $0
2020 $510 $51,000 $51,000 $0
2019 $414 $35,000 $35,000 $0
2018 $439 $35,000 $0 $0
2017 $437 $35,000 $0 $0
2016 $433 $35,000 $0 $0
2015 $435 $35,000 $0 $0
2014 $624 $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 261876

Forgotten Coast REALTOR® Association

APN: 04-07S-03W-3151-000B-0110