NOT LISTED FOR SALE

308 Bailey Ln Mexico Beach, FL 32456

Estimated Value: $519,000 - $606,000

3 Beds
2.5 Baths
1,620 Sq Ft
$345/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $390,000 $241 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,536/month

48 Days on Market

Highlights

  • 0.51 Acre Lot
  • Vaulted Ceiling
  • No HOA
  • Craftsman Architecture
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of September 2021

CHARMING 3BR/2BA COASTAL HOME IN MEXICO BEACH WITHIN 1/2 MILE TO THE GULF! Located on a quiet dead end street, this makes for the ideal family home or vacation getaway. An open foyer invites you into a large living area w/vaulted ceiling & updated kitchen w/SS appliances, breakfast bar. The 1st floor master suite, laundry & 1/2 BA makes for a great layout. A knotty pine staircase w/landing takes you to a loft space, guest rooms & tiled bath. Enjoy outdoor living & entertaining in the expansive backyard with a deck for grilling. This nice size lot has enough room to park your boat and a pool! Relax on your large front porch and smell the salt air! The white sand beaches of the Gulf are just a short golf cart ride away! Local restaurants & shops offer fresh seafood, gifts & live entertainment. Check out our 3D tour & call for a showing!

Last Agent to Sell the Property

Kaye Haddock

Beach Properties Real Estate Group License #3068203 Listed on: 07/03/2021

Last Buyer's Agent

Mary Blackburn

Sundance Realty License #3018180

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,387

Year Built

  • Built in 2000

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 103 x 210
  • Street terminates at a dead end
  • Landscaped
  • Interior Lot
  • Zoning described as City,Residential Single Family

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Wainscoting
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Storage
  • Washer and Dryer Hookup
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • 4 Car Detached Garage
  • Carport
  • Driveway
  • Open Parking

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

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

Community Details

  • No Home Owners Association
  • Grand Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04147000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,387

Year Built

Built in 2000

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.
  • Prop. Type: Residential
  • Building Stories: 1
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.506
  • Lot Size: 103 x 210
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Grand Isle
  • Architectural Style: Craftsman
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: 2
  • Property Attached Yn: No
  • Year Built: 2000
  • NAV22_ResortRentalYN: No
  • NAV22_BuildersWarrantyYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Oven, Gas Water Heater, Dishwasher, Refrigerator w/Ice Maker
  • Furnished: Unfurnished
  • Interior Amenities: Recessed Lighting, Woodwork Painted, Vaulted Ceiling(s), Woodwork Stained, Storage, Shelving, Walls Wainscoting, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Tile
  • Living Area: 1620
  • Master Bedroom Features: Master Downstairs, Walk-In Closet(s)
  • Master Bathroom Features: Tile Counters

Exterior Features

  • Lot Features: Landscaped, Aerials/Topo Available, Dead End, Within 1/2 Mile of Water, Interior Lot
  • Other Structures: Storage, Workshop
  • Roof: Metal
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame, HardiPlank Type
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, Covered Porch
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Detached, Driveway, Carport
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Electric, Ceiling Fan(s)
  • Heating: Central Electric
  • Sewer: Community Sewer
  • Utilities: Cable Available, Water Connected, Internet Available, Phone Available, Electricity Connected, Natural Gas Connected, Sewer 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: 22041.36
  • Additional Parcels: No
  • Parcel #: 04147000000
  • Zoning Description: City,Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3387.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2021
Closed on
Sep 10, 2021
Sold by
Leahey Elena
Bought by
Howell William Todd and Howell Elizabeth
Seller's Agent
Kaye Haddock
Beach Properties Real Estate Group
Buyer's Agent
Mary Blackburn
Sundance Realty
List Price
$499,900
Sold Price
$390,000
Premium/Discount to List
-$109,900
-21.98%
Current Estimated Value
$557,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,675
Avg. Annual Appreciation
9.82%

Purchase Details

Listed on
Oct 4, 2019
Closed on
Dec 30, 2019
Sold by
Williams Kenneth and Williams Melissa
Bought by
Leahey Elena
Seller's Agent
Mary Blackburn
Sundance Realty
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.04%

Purchase Details

Closed on
Apr 26, 2007
Sold by
Colazzo Christine and Colazzo David
Bought by
Williams Kenneth C and Williams Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,750
Interest Rate
6.1%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 27, 2004
Sold by
Childs Sally A
Bought by
Colazzo Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,030
Interest Rate
5.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Howell William Todd $390,000 None Available
Leahey Elena $220,000 Attorney
Williams Kenneth C $345,000 Attorney
Colazzo Christine $347,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Kenneth C $199,500
Previous Owner Williams Kenneth C $252,000
Previous Owner Williams Kenneth C $51,750
Previous Owner Williams Kenneth C $276,000
Previous Owner Colazzo David P $65,000
Previous Owner Colazzo Christine $194,030
Previous Owner Childs Sally A $50,000
Previous Owner Childs Sally A $118,000
Previous Owner Childs Sally A $118,000
Previous Owner Childs Sally A $84,800
Previous Owner Childs Sally A $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $390,000 -22.0% $241 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $499,900 +127.2% $309 / Sq Ft
12/30/2019 12/30/19 Sold $220,000 -8.3% $132 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $239,900 -- $144 / 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 $6,926 $425,862 -- --
2023 $6,926 $387,147 $202,305 $237,560
2022 $5,837 $350,206 $133,812 $216,394
2021 $3,858 $205,717 $0 $0
2020 $3,492 $187,399 $82,215 $105,184
2019 $1,786 $142,943 $71,555 $71,388
2018 $2,512 $179,258 $0 $0
2017 $2,131 $175,571 $0 $0
2016 $2,166 $176,153 $0 $0
2015 $2,193 $175,794 $0 $0
2014 $2,180 $174,482 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 308396

Forgotten Coast REALTOR® Association

APN: 04147-000-000