NOT LISTED FOR SALE

3201 U S 98 Mexico Beach, FL 32456

Estimated Value: $562,000 - $584,000

2 Beds
2.5 Baths
1,100 Sq Ft
$522/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $635,000 $577 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,707/month

2 Days on Market

Highlights

  • Resort Property
  • Furnished
  • Kitchen Island
  • Gulf View
  • No HOA
  • Level Lot

About This Home

As of October 2022

GULF VIEW townhouse in Mexico Beach. This 2BR/2.5BA is on the most affordable property on the beach side of Highway 98! remodeled in 2020, this property contains concrete pilings, hardy board siding and a new metal roof! With an open floor plan this 1100sqft unit feels very spacious and the balcony coming from the living room is perfect for watching the waves come in while the sun sets! The master bedroom contains it's own balcony along with a custom tile shower! The kitchen contains stainless steel appliances perfect for any cooking you would be doing after a long day on the water or at the beach. Unit contains an outdoor shower that is great for washing off after a long day in the sand.

Last Agent to Sell the Property

Carter Dorsch

98 Real Estate Group, LLC License #3538531 Listed on: 08/20/2022

Last Buyer's Agent

Carter Dorsch

98 Real Estate Group, LLC License #3538531 Listed on: 08/20/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,642

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • 1,481 Sq Ft Lot
  • Lot Dimensions are 24 x 30
  • Property fronts a highway
  • Level Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Metal Roof
  • Piling Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Gulf Views

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Tuck Under Parking

Utilities

  • Vented Exhaust Fan
  • Natural Gas Connected
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Resort Property
  • Built by Thad
  • Shore Beats Work Community

Listing and Financial Details

  • Assessor Parcel Number 04542030000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,642

Year Built

Built in 2001 | Remodeled

Lot Details

0

Listing Details

  • Directions: Take Us Hwy 98 all the way to mango Marleys in Mexico Beach. Property is Across from Mango Marleys/Ace Hardware.
  • Prop. Type: Residential
  • Building Stories: 2
  • Property Sub Type: Quadruplex,ASF (Attached Single Family)
  • Lot Size Acres: 0.034
  • Lot Size: 24 x 30
  • Road Frontage Type: Highway
  • Subdivision Name: No Named Subdivision
  • Building Name: Shore Beats Work
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2
  • Property Attached Yn: Yes
  • Structure Type: Fourplex
  • Year Built: 2001
  • NAV22_ResortRentalYN: Yes
  • NAV22_BuildersWarrantyYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Oven, Dishwasher, Microwave, Electric Water Heater, Dryer, Refrigerator w/Ice Maker, Washer, Exhaust Fan
  • Furnished: Furnished
  • Interior Amenities: Pantry, Lock Out Closet, Renovated, Kitchen Island
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 1100

Exterior Features

  • Lot Features: Level, Within 1/2 Mile of Water
  • Roof: Metal
  • Pool Features: None
  • Pool Private: No
  • View: Water, Gulf
  • View: Yes
  • Waterfront: No
  • Builder Name: Thad
  • Construction Type: Frame
  • Foundation Details: Pilings
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Under House With Pad
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Water Connected, Cable Connected, Internet Available, Electricity Connected, Natural Gas Connected, Sewer Connected, City Trash
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 1481.04
  • Additional Parcels: No
  • Parcel #: 04542030000
  • Zoning Description: Residential Multi-Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2642

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2024
Sold by
Parks James W
Bought by
Gallagher Charles
Current Estimated Value
$573,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Outstanding Balance
$427,631
Interest Rate
6.64%
Estimated Equity
$146,113

Purchase Details

Closed on
Feb 9, 2022
Sold by
Z Company Llc
Bought by
Parks James W

Purchase Details

Closed on
Apr 28, 2021
Sold by
Casey Douglas Ben
Bought by
Z Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,500
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 8, 2019
Sold by
Meadows Ralph Edwin and Meadows Patricia
Bought by
Casey Douglas Benjamin

Purchase Details

Closed on
Nov 5, 2008
Sold by
Spillman Theo Karle
Bought by
Meadows Ralph E and Meadows Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2003
Sold by
Burt Catherine and Ellis Sandra
Bought by
Spillman Theo Karle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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
Gallagher Charles $542,500 None Listed On Document
Parks James W $466,000 Gibson Thomas S
Z Company Llc $392,500 Attorney
Casey Douglas Benjamin $259,000 Attorney
Meadows Ralph E $201,000 Attorney
Spillman Theo Karle $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Charles $434,000
Closed Gallagher Charles $434,000
Previous Owner Z Company Llc $312,500
Previous Owner Meadows Ralph E $160,800
Previous Owner Spillman Theo Karle $110,000
Previous Owner Burt Catherine $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $635,000 -5.2% $577 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/20/2022 08/20/22 For Sale $670,000 -- $609 / 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 $6,972 $447,368 -- --
2023 $6,972 $406,698 $113,100 $293,598
2022 $5,023 $301,363 $82,911 $218,452
2021 $2,740 $156,461 $60,900 $95,561
2020 $2,071 $111,157 $71,340 $39,817
2019 $1,318 $70,800 $70,800 $0
2018 $3,126 $171,859 $0 $0
2017 $2,631 $158,103 $0 $0
2016 $2,378 $143,730 $0 $0
2015 $2,390 $142,927 $0 $0
2014 $2,378 $141,497 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 312156

Forgotten Coast REALTOR® Association

APN: 04542-020-000