NOT LISTED FOR SALE

2909 E Sr-20 Freeport, FL 32439

Estimated Value: $319,000

58.2 Acres
$5,481 Price per Acre
2,535,192 Sq Ft Lot

Last Sold November 10, 2016

Last sale price $230,000

Est. 39% increase in value since last sale

Current estimated payment $1,947/month

81 Days on Market

About This Lot

As of November 2016

BANK ONWED property ready to go. Over 2,000sqft of highway frontage on this 58.2 acre parcel. Just 2 miles East of Hwy 331&Hwy20 intersection makes this prime residential development opportunity with highway expansion. Future Land Use is zoned for Rural Village. The residential density allowed under this zoning is 2 units per acre and must account for 95% total land area. Opportunity for greater density does exist with re-zoning possibilities.

Last Agent to Sell the Property

Craig Barrett

NBI Properties Inc License #3294646 Listed on: 07/15/2016

Co-Listed By

Jayme Nabors

NBI Properties Inc License #3104014

Last Buyer's Agent

Ricky Fannin & Ethan Morrison

HomeBiz Properties License #3308077

Property Details

Property Type

  • Land

Lot Details

  • 58.2 Acre Lot
  • Lot Dimensions are 1140x2700
  • Property fronts a highway
  • Property is zoned Commercial, Resid

Schools

  • Freeport Elementary And Middle School
  • Freeport High School

Listing and Financial Details

  • Assessor Parcel Number 19-1S-18-14000-011-0000

Property Details

Property Type

Land

Lot Details

58.2 Acres

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 58.2
  • Lot Size: 1140x2700
  • Road Frontage Type: See Remarks, State Highway, US Highway
  • Co List Office Mls Id: ENBI
  • Co List Office Phone: 850-243-0007
  • Directions: Located just East of the intersection of Hwy 331 and Hwy 20 across the road where Black Creek Blvd runs into Hwy 20
  • Remarks Misc:Remarks: BANK ONWED property ready to go. Over 2,000sqft of highway frontage on this 58.2 acre parcel. Just 2 miles East of Hwy 331&Hwy20 intersection makes this prime residential development opportunity with highway expansion. Future Land Use is zoned for Rural Village. The residential density allowed under this zoning is 2 units per acre and must account for 95% total land area. Opportunity for greater density does exist with re-zoning possibilities.
  • Special Features: None

Utilities

  • Utilities: None

Schools

  • Elementary School: Freeport
  • High School: Freeport
  • Middle Or Junior School: Freeport

Lot Info

  • Lot Size Sq Ft: 2535192.0
  • Parcel #: 19-1S-18-14000-011-0000
  • Zoning: Commercial, Resid
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2015
Sold by
Hsh Properties Lllp and Swatty Ronald
Bought by
Rh Fund Vii Llc
Current Estimated Value
$319,000

Purchase Details

Closed on
Aug 12, 2005
Sold by
H J H Developers Inc
Bought by
Hsh Properties Lllp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2004
Sold by
Shoreline Classic Wood Products Inc
Bought by
Hjh Developers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2001
Sold by
Faison Lamar H and Faison Terry M
Bought by
Shoreline Classic Wood Products Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
7.12%
Mortgage Type
Construction
Source: Public Records
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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
Rh Fund Vii Llc $59,000 None Available
Hsh Properties Lllp $3,550,000 --
Hjh Developers Inc $900,000 --
Shoreline Classic Wood Products Inc $20,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hsh Properties Lllp $2,700,000
Previous Owner Hjh Developers Inc $765,000
Previous Owner Shoreline Classic Wood Products Inc $186,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2016 11/10/16 Sold $230,000 0.0% --
10/04/2016 10/04/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $230,000 -- --
Source: Emerald Coast Association of REALTORS®

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 $2,900 $369,360 $369,360 --
2024 $2,495 $323,480 $323,480 --
2023 $2,495 $275,309 $0 $0
2022 $2,614 $359,063 $359,063 $0
2021 $2,405 $304,927 $304,927 $0
2020 $2,200 $263,256 $263,256 $0
2019 $1,731 $188,040 $188,040 $0
2018 $1,738 $188,040 $0 $0
2017 $1,736 $187,040 $0 $0
2016 $1,540 $164,160 $0 $0
2015 $1,566 $164,160 $0 $0
2014 $1,589 $164,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 757021

Emerald Coast Association of REALTORS®

APN: 19-1S-18-14000-011-0000

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