$410,000
SOLD FEB 16, 2024
3 Beds
2 Baths
1,120 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$366 Per Sq Ft

16% Below List Price

174 Days on Market

Highlights

  • Gulf View
  • Recreation Room
  • Separate Formal Living Room
  • Deck
  • Traditional Architecture
  • Eat-In Kitchen

About This Home

As of April 2025

Amazing sunrises and sunsets in this adorable coastal cottage named The Rusted Pelican just steps away from Bald Point Beach and .5 of a mile to Bald Point State Park. This home features open living/dining/kitchen and has 3 bedrooms/2 baths, real wood kitchen cabinets and countertops and tiled backsplash. The upper deck on the home comes with a large captains chair great for you and your guests to take memorable pictures or just enjoy the view and the breeze from the Gulf of Mexico. The lower lever has a 2 car carport, a screened area under the house and an open deck with a built-in fire pit. The home is equipped with storm shutters and a security system and is currently being rented on VRBO with great rental history.

Last Agent to Sell the Property

Elaine Gary

Waypoint Properties License #3083458 Listed on: 08/19/2023

Last Buyer's Agent

Wynter Harvey

Waypoint Properties License #SL3575859

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,542

Year Built

  • Built in 1984

Parking

  • 2 Carport Spaces

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Window Treatments
  • Separate Formal Living Room
  • Recreation Room
  • Utility Room
  • Laminate Flooring
  • Gulf Views

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Septic Tank

Additional Features

  • Deck
  • 6,970 Sq Ft Lot

Community Details

  • Southern Dunes Subdivision

Listing and Financial Details

  • Legal Lot and Block 50 / 5
  • Assessor Parcel Number 12037-28-06S-01W-1051-0005-0500

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,542

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: Residential
  • Lot: 50
  • Miscellaneous: Deck, Some Wind Treatments, Septic Tank
  • Road Frontage Type: Maint - Gvt., Street Lights
  • Sold Price Per Sq Ft: 366.07
  • Style Exterior: Traditional/Classical
  • Subdivision: Southern Dunes
  • Tax Database Id: 9
  • Tax Item Number: 28-06S-01W-1051-0005-0500
  • Type: Detached Single Family
  • L V T Date: 08/22/2023
  • Street Designation: Street
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1120
  • Year Built: 1984
  • Directions: Hwy 98 to LT to Alligator Point, LT on Bald Point Rd. Home on corner of Bass and Bald Point Rd
  • Elementary School: OTHER COUNTY
  • Geo Longitude: -84.334942
  • High School: OTHER COUNTY
  • Middle School: OTHER COUNTY
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate/Pergo Type
  • Equipment: Central Vacuum, Dishwasher, Dryer, Microwave, Refrigerator w/Ice, Washer, Stove, Surveillance Equipment
  • Floor Plan: Story - One, Unit - Upstairs
  • Kitchen Dim: 16x11
  • Living Area Description: Kitchen - Eat In, Separate Living Room
  • Master Bedroom Dim: 13x11
  • Other Rooms: Recreation Room - Outside, Utility Room - Inside

Exterior Features

  • Construction: Siding - Vinyl
  • Frontageview: Gulf View
  • Number Of Acres: 0.16

Garage/Parking

  • Garage: Carport - 2 Car

Utilities

  • Heating: Central, Electric
  • Cooling: Central, Electric, Fans - Ceiling
  • Water Heater: Electric
  • Utility Provider: OTH: Local to County

Schools

  • Elementary School: OTHER COUNTY
  • Middle School: OTHER COUNTY
  • High School: OTHER COUNTY

Lot Info

  • Lot Dimensions: 95x75x95x75
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12037-28-06S-01W-1051-0005-0500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2024
Closed on
Apr 11, 2025
Sold by
Stout Shannon Fogarty and Stout Kevin
Bought by
Hovsapian Zohrob and Hovsapian Lorrie
Seller's Agent
Wynter Harvey
Waypoint Properties
Buyer's Agent
Wynter Harvey
Waypoint Properties
List Price
$575,000
Sold Price
$450,000
Premium/Discount to List
-$125,000
-21.74%
Total Days on Market
174
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
287.09%

Purchase Details

Listed on
Aug 19, 2023
Closed on
Feb 16, 2024
Sold by
Pye Stanley L and Pye Mildred C
Bought by
Fogarty Stout Shannon and Fogarty Kevin Stout
Seller's Agent
Elaine Gary
Waypoint Properties
Buyer's Agent
Wynter Harvey
Waypoint Properties
List Price
$489,000
Sold Price
$410,000
Premium/Discount to List
-$79,000
-16.16%
Views
323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%

Purchase Details

Listed on
Jul 29, 2015
Closed on
Apr 1, 2016
Bought by
Pye Stanley L and Pye Mildred C
Seller's Agent
Marsha Tucker
Keller Williams Town & Country
Buyer's Agent
Carol Odell
Harbor Point Realty
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%
Original Mortgage
$140,000
Interest Rate
3.73%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100 Lowe Title Services
Warranty Deed $450,000 Lowe Title Services
Warranty Deed $410,000 Wakulla Title
Deed $200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $270,000 New Conventional
Previous Owner $168,500 New Conventional
Previous Owner $140,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $450,000 -9.8% $402 / Sq Ft
03/19/2025 03/19/25 Price Changed $499,000 -3.9% $446 / Sq Ft
02/10/2025 02/10/25 Price Changed $519,000 -7.3% $463 / Sq Ft
02/04/2025 02/04/25 Price Changed $560,000 -2.6% $500 / Sq Ft
12/17/2024 12/17/24 For Sale $575,000 +40.2% $513 / Sq Ft
02/16/2024 02/16/24 Sold $410,000 -16.2% $366 / Sq Ft
08/22/2023 08/22/23 For Sale $489,000 +144.5% $437 / Sq Ft
04/15/2016 04/15/16 Sold $200,000 -11.1% $121 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
07/29/2015 07/29/15 For Sale $225,000 -- $136 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

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 $2,542 $290,301 $90,000 $200,301
2023 $2,318 $242,850 $90,000 $152,850
2021 $1,985 $179,044 $45,000 $134,044
2020 $2,082 $180,812 $45,000 $135,812
2019 $1,912 $157,494 $42,000 $115,494
2018 $1,974 $153,429 $0 $0
2017 $1,967 $153,429 $0 $0
2016 $1,942 $152,767 $0 $0
2015 $1,951 $152,767 $0 $0
2014 $1,895 $153,806 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 362733

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

APN: 28-06S-01W-1051-0005-0500