NOT LISTED FOR SALE

305 Island Way Unit Lot 48 Freeport, FL 32439

Hammock Bay Neighborhood

Estimated Value: $449,000 - $562,000

5 Beds
3 Baths
2,593 Sq Ft
$201/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $288,566 $111 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,483/month

Highlights

  • Fishing
  • Craftsman Architecture
  • Community Pool
  • Freeport Middle School Rated A-
  • Great Room
  • Tennis Courts

About This Home

As of October 2020

The features of this home include: Vinyl flooring throughout the common areas, durable laminate counter tops and beautiful cabinetry in light and bright tones in kitchen and bathrooms, Nickel hardware on interior doors, carpet in the bedrooms. Appliances include, a stove, microwave and dishwasher. This floor plan has a open kitchen with island to a living and dining area. Two bedrooms are just off the foyer and have a shared bath. Bedroom 1 is situated at the back of the home and has a bath with garden tub, separate shower, dual vanity sinks and large walk in closet. A standard Smart Home package includes a KwikSet keyless entry, Skybell doorbell, automated front porch lighting, an Echo
Dot device, and Quolsys touch panel which can be integrated to control your lighting, thermostat, front door and so much more.
A builder 10 year structural warranty is also included.

Pictures, photographs, floor plans, elevations, features, colors and sizes are approximate for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. For Move-In/Completion Estimates: Ready dates are estimates only. Timing of completion of construction and buyer move-in are subject to contingencies contained in home purchase agreement and governing jurisdictions issuance of a certificate of occupancy, and may change due to forces majeures and other delays or disruptions outside the reasonable control of the Builder.

Last Agent to Sell the Property

Lisa Clay

DR Horton Realty of Northwest Florida LLC Listed on: 10/06/2020

Last Buyer's Agent

Lisa Clay

Emerald Realty of NW FL LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,099

Year Built

  • Built in 2020

Lot Details

  • 7,275

HOA Fees

  • $161 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Dimensional Roof
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,593 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Home Office
  • Fire and Smoke Detector
  • Exterior Washer Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Freeport Elementary And Middle School
  • Freeport High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Porch
  • Lot Dimensions are 45x115

Listing and Financial Details

  • Assessor Parcel Number 18-1S-19-23213-000-0480

Community Details

Overview

  • Association fees include land recreation, management, master, recreational faclty
  • Hammock Bay Mill Cottages Subdivision

Amenities

  • Community Pavilion

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,099

Year Built

Built in 2020

Lot Details

0

HOA Fees

$161 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 45x115
  • Road Surface Type: Paved
  • Subdivision Name: HAMMOCK BAY - MILL COTTAGES
  • Directions: Just 15 minutes from the most beautiful Beaches of 30A; Hwy 98 to Hwy 331 North; Left on Hwy 20; Follow Hwy 20 West to Co. Hwy 83 A and turn left. Follow Hwy 83 to Left on Hammock Trl W. Stay on Hammock Trl to Earl Godwin Rd on the Right. At Earl Godwin turn right and follow to model home located at 568 Earl Godwin Road on left.
  • Architectural Style: Craftsman Style
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2020
  • Utilities Electric: Yes
  • Appliances Microwave: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Interior Amenities: Floor Vinyl, Floor WW Carpet, Kitchen Island, Pantry, Washer/Dryer Hookup
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Roof Dimensional Shg, Vinyl Siding, Slab
  • Exterior Features: Porch
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes

Garage/Parking

  • General Property Info:Garage2: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Exercise Room, Fishing, Pavillion/Gazebo, Pets Allowed, Playground, Pool, Tennis
  • Association #2 Fee: 161.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Land Recreation, Management, Master Association, Recreational Faclty

Schools

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

Lot Info

  • Parcel #: 18-1S-19-23213-000-0480
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2022
Sold by
Chadwick Allen John
Bought by
Barnes Matthew C and Barnes Kelly C
Current Estimated Value
$520,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$379,888
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$140,146

Purchase Details

Listed on
Oct 6, 2020
Closed on
Nov 20, 2020
Sold by
D R Horton Inc
Bought by
Allen John Chadwick
Seller's Agent
Lisa Clay
DR Horton Realty of Northwest Florida LLC
Buyer's Agent
Lisa Clay
DR Horton Realty of Northwest Florida LLC
List Price
$288,566
Sold Price
$288,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.35%
Original Mortgage
$259,709
Interest Rate
2.8%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Barnes Matthew C $525,000 Bright Light Land Title
Allen John Chadwick $288,566 Dhi Title Of Florida Inc
Allen John Chadwick $288,566 Dhi Title Of Florida
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Matthew C $400,000
Previous Owner Allen John Chadwick $259,709
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2022 11/03/22 Off Market $288,566 -- --
10/06/2020 10/06/20 Sold $288,566 0.0% $111 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $288,566 -- $111 / Sq Ft
Source: Emerald Coast Association 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 $5,099 $385,078 $49,485 $335,593
2023 $5,099 $385,078 $49,485 $335,593
2022 $4,114 $349,328 $54,928 $294,400
2021 $3,655 $271,590 $45,755 $225,835
2020 $17 $1,254 $1,254 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lisa Clay

    DR Horton Realty of Northwest Florida LLC

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 856718

Emerald Coast Association of REALTORS®

APN: 18-1S-19-23213-000-0480

Florida Walton County Freeport 32439 Hammock Bay

305 Island Way Unit Lot 48, Freeport, FL

This home is located at 305 Island Way Unit Lot 48, Freeport, FL 32439 since 06 October 2020 and is currently estimated at $520,034, approximately $200 per square foot. This property was built in 2020. 305 Island Way Unit Lot 48 is a home located in Walton County with nearby schools including Freeport Elementary School, Freeport Middle School, and Freeport Senior High School.

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.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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