NOT LISTED FOR SALE

305 Bailey Ln Mexico Beach, FL 32456

Estimated Value: $595,000 - $636,322

0.49 Acre
$1,241,267 Price per Acre
21,418 Sq Ft Lot

Last Sold June 25, 2020

Last sale price $89,500

Est. 582% increase in value since last sale

Current estimated payment $3,936/month

254 Days on Market

Highlights

  • 0.49 Acre Lot
  • No HOA
  • Interior Lot

About This Lot

As of June 2020

REDUCED! In an Olde Florida community unspoiled by time, you will find this cleared .49 acre buildable lot, located less than a 1/2 mile from the Gulf, Mexico Beach Sunset Park, and the City playground, tennis & basketball courts. In this natural and unspoiled utopia, exists the coastal Florida city of yesteryear. Coined the Unforgettable Coast by the CDC, and adopted by those that have grown accustomed to her quaint and become spoiled by her charm, you will not find the pustules and pockmarks of eruptive and disruptive development. High rises, light pollution and rush hour have been replaced with artsy antiquities in mom and pop boutiques, original eateries, and calm beaches of sugar-white sand that gently kiss the clear emerald Gulf warmth.

Last Agent to Sell the Property

Cassie Studstill

Studstill Realty Group, LLC License #685078 Listed on: 09/27/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,120

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 102 x 210
  • Interior Lot

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04155000000

Property Details

Property Type

Land

Est. Annual Taxes

$1,120

Lot Details

0

Listing Details

  • Directions: From PSJ go West on US-98 W to 19th St in Mexico Beach (12.9 mi), (R) on 19th St. (R) on 19th St (0.1 mi), (R) on Paradise Path (322 ft), (L) on Nannook Rd (0.1 mi), (R) on Lalla Ln (335 ft), (L) onto Bailey Ln, Lot on the right (249 ft).
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.4917
  • Lot Size: 102 x 210
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Special Features: None

Exterior Features

  • Lot Features: Within 1/2 Mile of Water, Interior Lot, Survey Available
  • Waterfront: No
  • Disclosures: City Zoning

Utilities

  • Utilities: Water Available, Cable Available, Natural Gas Available, Sewer Available, Electricity Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 21420
  • Additional Parcels: No
  • Parcel #: 04155000000
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1119.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
Lockhart Harold and Lockhart Glenda
Bought by
Wolverton Calvin and Wolverton Roselyn
Current Estimated Value
$610,331

Purchase Details

Closed on
Jan 22, 2021
Sold by
Brumage James E and Brumage Debra
Bought by
Lockhart Harold and Lockhart Glenda

Purchase Details

Listed on
May 21, 2018
Closed on
Aug 3, 2018
Sold by
Jackson Lisa
Bought by
Brumage James E and Brumage Debra
List Price
$89,900
Sold Price
$60,000
Premium/Discount to List
-$29,900
-33.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.70%

Purchase Details

Closed on
Jan 11, 2018
Sold by
Studstill Clyston B
Bought by
Studstill Lisa J

Purchase Details

Closed on
May 16, 2016
Sold by
Messer James T and Messer Elizabeth H
Bought by
Studstill Clayton B and Studstill Lisa 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
Wolverton Calvin $98,000 Attorney
Lockhart Harold $89,500 None Available
Brumage James E $60,000 Attorney
Studstill Lisa J -- Attorney
Studstill Clayton B $100,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $89,500 -5.8% --
06/08/2020 06/08/20 Pending -- -- --
09/27/2019 09/27/19 For Sale $95,000 +58.3% --
08/06/2018 08/06/18 Sold $60,000 -33.3% --
07/18/2018 07/18/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $89,900 -- --
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 -- $391,707 -- --
2023 -- $380,298 $0 $0
2022 $2,166 $129,988 $129,988 $0
2021 $1,585 $84,107 $0 $0
2020 $1,445 $79,866 $79,866 $0
2019 $1,294 $69,510 $69,510 $0
2018 $1,174 $69,433 $0 $0
2017 $1,033 $63,121 $0 $0
2016 $1,039 $62,791 $0 $0
2015 $1,024 $61,248 $0 $0
2014 $998 $59,376 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cassie Studstill

    Seller's Agent in 2020

    Cassie Studstill

    Studstill Realty Group, LLC

    (850) 889-0774

    5 in this area

    54 Total Sales

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 302843

Forgotten Coast REALTOR® Association

APN: 04155-000-000

Florida Bay County Mexico Beach 32456

305 Bailey Ln, Mexico Beach, FL

This home is located at 305 Bailey Ln, Mexico Beach, FL 32456 since 27 September 2019 and is currently estimated at $610,331. 305 Bailey Ln is a home located in Bay County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Forgotten Coast REALTOR® Association Property information provided by the FCRA MLS – a service of the Forgotten Coast REALTOR® Association.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.

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