NOT LISTED FOR SALE

302 Bailey Ln Mexico Beach, FL 32456

Estimated Value: $474,000 - $710,000

3 Beds
2 Baths
2,242 Sq Ft
$267/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $535,000 $239 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,659/month

125 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • No HOA
  • Soaking Tub and Separate Shower in Primary Bathroom
  • Main Floor Primary Bedroom
  • Screened Porch

About This Home

As of October 2023

CHARMING 3BR/2BA COASTAL HOME IN MEXICO BEACH WITH PRIVATE POOL JUST A SHORT STROLL TO WHITE SAND BEACHES AND THE GULF OF MEXICO! Welcome home to a sprawling open floor plan with easy to care for tile flooring, crown molding and gas fireplace. Ideal for entertaining, the functional and stylish kitchen overlooks the main living space featuring solid wood cabinetry, breakfast bar seating and a gas range. The primary suite makes up one wing of the house and includes dual walk-in closets, tons of natural light and direct access to the backyard pool deck. Enjoy a spa like ensuite complete with double vanity, soaking tub and oversized shower stall. All on one level, two guest rooms and a nicely appointed hall bath make sleeping arrangements a breeze. Added to the layout is a nice sized office space and game room with a wet bar. For all day outdoor enjoyment, relax under the comfort of a screened patio area and indulge in your private inground pool. Offering plenty of storage, the attached two car garage and yard building provides enough space for fishing and beach gear. This golf cart community is located on a quiet dead end street and makes for the ideal family home or vacation getaway. Visit local restaurants & shops for fresh seafood, gifts & live entertainment. Take the 3D tour & call for a showing today!

Last Agent to Sell the Property

Kaye Haddock

Beach Properties Real Estate Group License #3068203 Listed on: 05/28/2023

Last Buyer's Agent

Heather Thompson

Beach Properties Real Estate Group License #3425325

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,740

Year Built

  • Built in 2008

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 70 x 185
  • Street terminates at a dead end
  • Wood Fence
  • Back Yard Fenced
  • Landscaped
  • Interior Lot
  • Zoning described as City,Residential Single Family

Home Design

  • Slab Foundation
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,242 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Woodwork
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Blinds
  • Bay Window
  • Screened Porch
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Community Sewer or Septic
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04149020000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,740

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Directions: From HWY 98 in Mexico Beach, turn onto 19th St. Turn right onto Paradise Path then left onto Nannook Rd. Turn right onto Lalla Ln then left onto Bailey Lane. House is on the left. Look for sign.
  • Inclusions: Washer/Dryer, Microwave
  • Prop. Type: Residential
  • Building Stories: 2
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.31
  • Lot Size: 70 x 185
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 2
  • Property Attached Yn: No
  • Year Built: 2008
  • NAV22_ResortRentalYN: No
  • NAV22_BuildersWarrantyYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Gas Oven, Tankless Water Heater
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Crown Molding, Storage, Recessed Lighting, Pantry, Shelving, Split Bedroom, Walk-In Closet(s), Wet Bar, Woodwork Painted, Woodwork Stained
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Hardwood, Tile, Vinyl
  • Living Area: 2242
  • Window Features: Bay Window(s), Window Treatments
  • Master Bedroom Features: Blinds, Master Downstairs, Walk-In Closet(s)
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Shower, Tile Counters

Exterior Features

  • Exclusions: None
  • Lot Features: Landscaped, Aerials/Topo Available, Dead End, Interior Lot, Within 1/2 Mile of Water
  • Other Structures: Storage, Yard Building
  • Roof: Tile
  • Fencing: Back Yard, Wood
  • Pool Features: In Ground, Gunite/Concrete
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Rear Porch, Covered Patio, Covered Porch, Enclosed Patio, Front Porch, Patio, Screened
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: Yes
  • Open Parking: Yes
  • Parking Features: Detached, Driveway, Garage Attached, Garage Door Opener
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Electric, Ceiling Fan(s)
  • Heating: Fireplace(s), Central Electric
  • Sewer: Community Sewer
  • Utilities: Cable Available, Electricity Connected, Internet Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, City Trash
  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 13503.6
  • Additional Parcels: No
  • Parcel #: 04149020000
  • Zoning Description: City,Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2740.23

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2023
Closed on
Oct 27, 2023
Sold by
Mccrudden Steven
Bought by
Ferrell Eric Todd and Ferrell Misty Lea
Seller's Agent
Kaye Haddock
Beach Properties Real Estate Group
Buyer's Agent
Heather Thompson
Beach Properties Real Estate Group
List Price
$675,000
Sold Price
$535,000
Premium/Discount to List
-$140,000
-20.74%
Views
451
Current Estimated Value
$598,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,175
Avg. Annual Appreciation
5.09%
Original Mortgage
$385,000
Outstanding Balance
$376,476
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$221,699

Purchase Details

Closed on
Oct 25, 2006
Sold by
Brabb James D and Brabb Norma L
Bought by
Mccrudden Steven
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
Ferrell Eric Todd $535,000 None Listed On Document
Ferrell Eric Todd $535,000 None Listed On Document
Mccrudden Steven $120,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrell Eric Todd $385,000
Closed Ferrell Eric Todd $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2023 10/27/23 Sold $535,000 -10.7% $239 / Sq Ft
08/28/2023 08/28/23 Price Changed $599,000 -11.3% $267 / Sq Ft
05/28/2023 05/28/23 For Sale $675,000 -- $301 / Sq Ft
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
2025 $6,640 $451,965 -- --
2024 $3,072 $439,227 $144,777 $294,450
2023 $3,072 $221,203 $0 $0
2022 $2,854 $213,013 $0 $0
2021 $2,892 $206,809 $0 $0
2020 $3,018 $203,954 $56,100 $147,854
2019 $1,991 $148,959 $48,826 $100,133
2018 $2,937 $200,639 $0 $0
2017 $2,582 $198,131 $0 $0
2016 $2,642 $199,879 $0 $0
2015 $2,694 $200,775 $0 $0
2014 $2,701 $200,439 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 314327

Forgotten Coast REALTOR® Association

APN: 04149-020-000