NOT LISTED FOR SALE

303 U S 98 Apalachicola, FL 32320

Estimated Value: $361,000 - $626,000

4 Beds
2 Baths
2,411 Sq Ft
$209/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $312,500 $130 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,878/month

10 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Florida Architecture
  • No HOA
  • 1.22 Acre Lot
  • Corner Lot
  • 6 Car Detached Garage

About This Home

As of November 2021

Apalachicola Bayfront with Upside Investment Potential! Turn this fixer-upper into your coastal dream home. This vintage Florida home sits on two lots and is offered with six additional lots including 4 bayfronts. Unobstructed views of Apalachicola Bay. Two-Mile Channel runs parallel to the property with deep water access via the possibility of a dock (state & local permits required). Large trees provide shade & a lovely setting for the home. Ideally located 1.5 miles from historic downtown Apalachicola (30 minute walk or 5 minutes by car). Stucco siding, metal roof installed in 2016. House did not flood in Hurricane Michael. One level home with spacious rooms. Three bedrooms plus large office, formal living room, fireplace, dining room, sunroom and back enclosed porch area. Two car garage. Sold “as is” only.

Last Agent to Sell the Property

Spohrer Price Ray Team

Berkshire Hathaway HomeServices - SGI License #3424392 Listed on: 10/02/2021

Berkshire Hathaway HomeServices - SGI

Last Buyer's Agent

Spohrer Price Ray Team

Berkshire Hathaway HomeServices - SGI License #3424392 Listed on: 10/02/2021

Berkshire Hathaway HomeServices - SGI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,295

Year Built

  • Built in 1947

Lot Details

  • 1.22 Acre Lot
  • Lot Dimensions are 210' x 253'
  • Property Fronts a Bay or Harbor
  • Property fronts a state road
  • Partially Fenced Property
  • Corner Lot
  • Cleared Lot
  • Zoning described as City,Residential Multi-Family,Residential Single Family

Home Design

  • Florida Architecture
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,411 Sq Ft Home
  • Fireplace
  • Bay Views
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Car Detached Garage
  • Driveway
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0109S08W833002710180

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,295

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Directions: On Hwy 98 west end of Apalachicola, NE corner of 24th Ave. 1.5 miles from downtown.
  • Prop. Type: Residential
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 1.2197
  • Lot Size: 210' x 253'
  • Road Frontage Type: City Street, State Road
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Architectural Style: See Remarks, Florida
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built: 1947
  • NAV22_ResortRentalYN: No
  • NAV22_BuildersWarrantyYN: No
  • Special Features: None

Interior Features

  • Appliances: None
  • Furnished: Unfurnished
  • Interior Amenities: See Remarks, Needs Work
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: See Remarks
  • Living Area: 2411

Exterior Features

  • Exterior Features: Needs Work
  • Lot Features: Corner Lot, Subdivided, Survey Available, Cleared, Sidewalks
  • Roof: Metal
  • Fencing: Partial
  • Pool Features: None
  • Pool Private: No
  • View: Water, Bay
  • View: Yes
  • Waterfront Features: Waterfront, Bay
  • Waterfront: No
  • Construction Type: Stucco
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Needs Work, Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Detached, Driveway
  • Total Parking Spaces: 6

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 53130
  • Additional Parcels: No
  • Parcel #: 0109S08W833002710180
  • Zoning Description: City,Residential Multi-Family,Residential Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2021
Closed on
Nov 16, 2021
Sold by
Williams Catherine N and Estate Of John Jimmie Nicholas
Bought by
Mclemore Kathryne B
Seller's Agent
Spohrer Price Ray Team
Berkshire Hathaway HomeServices - SGI
Buyer's Agent
Spohrer Price Ray Team
Berkshire Hathaway HomeServices - SGI
List Price
$399,000
Sold Price
$312,500
Premium/Discount to List
-$86,500
-21.68%
Current Estimated Value
$504,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,255
Avg. Annual Appreciation
13.19%

Purchase Details

Closed on
Nov 1, 2018
Sold by
Williams Catherine N and Nichols John Jimmie
Bought by
Apala Chicola Cottages Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
4.6%
Mortgage Type
Unknown

Purchase Details

Closed on
May 1, 2013
Sold by
Williams Catherine N
Bought by
Williams Catherine N and Nichols John Jimmie

Purchase Details

Closed on
Mar 7, 2006
Sold by
Nichols Jimmie J and Nichols Olga C
Bought by
Nichols John J
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
Mclemore Kathryne B -- Dodd Title Company Inc
Mclemore Kathryne B $62,500 Accommodation
Lmks Llc -- Dodd Title Company Inc
Lmks Llc $250,000 Dodd Title Company Inc
Apala Chicola Cottages Llc $40,000 Dodd Title Co Inc
Williams Catherine N -- Attorney
Nichols John J -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Apala Chicola Cottages Llc $530,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2021 11/16/21 Sold $312,500 -21.7% $130 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $399,000 -- $165 / 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
2024 $2,295 $173,721 -- --
2023 $2,253 $168,661 $0 $0
2022 $2,200 $163,749 $86,475 $77,274
2021 $3,186 $170,042 $91,600 $78,442
2020 $2,952 $145,884 $76,000 $69,884
2019 $3,061 $146,882 $76,000 $70,882
2018 $3,512 $168,485 $0 $0
2017 $3,128 $143,485 $0 $0
2016 $3,114 $145,197 $0 $0
2015 $2,907 $135,197 $0 $0
2014 $2,988 $136,053 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 309145

Forgotten Coast REALTOR® Association

APN: 01-09S-08W-8330-0271-0180