NOT LISTED FOR SALE

325 River Rd Carrabelle, FL 32322

Estimated Value: $438,000

0.29 Acre
$1,510,345 Price per Acre
12,632 Sq Ft Lot

Last Sold December 20, 2019

Last sale price $65,000

Est. 574% increase in value since last sale

Current estimated payment $2,700/month

171 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • River View
  • No HOA
  • Oak Trees
  • Wetlands on Lot
  • Partially Fenced Property

About This Lot

As of December 2019

RARE - Riverfront Lot. NO MARSH! Low erosion. Nice high bank. DEEP WATER. Great fishing! Walk to the edge of your property where the views are exquisite. No wetlands or marsh to wade through. Chain link fence on the street side. 10 minute boat ride to the mouth of the river and bay. Five minute drive to Carrabelle Beach and 25 minutes to St. George Island. A few minutes to town and shopping. Wonderful neighborhood. City water in place. Electrical pole easily accessible. Beautiful property. Not in the City of Carrabelle, so no property taxes to the city. Perfect waterfront location! FISHERMEN will love this property. Just throw your line right off your property and fish, fish, fish! A lovely setting for anyone. Build your home, relax on your porch and watch the lovely river waters with abundance of sea life right out your door.

Last Agent to Sell the Property

Robin Hilton

Jeff Galloway Real Estate License #3172360 Listed on: 05/31/2019

Last Buyer's Agent

Robin Hilton

Jeff Galloway Real Estate License #3172360 Listed on: 05/31/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $609

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 99.93 x 130.59 x 89
  • River Front
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot
  • Oak Trees
  • Pine Trees
  • Wooded Lot
  • Grass Covered Lot
  • Zoning described as County,Residential Single Family

Additional Features

  • River Views
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number 2407S05W018000050060

Community Details

Overview

  • No Home Owners Association
  • Carrabelle River Subdivision

Recreation

  • Deeded Waterfront Access Rights
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$609

Lot Details

0

Listing Details

  • Directions: Heading East from East Point, pass the Carrabelle Beach continue until right before the bridge into Carrabelle. Turn left on River Road. Look for sign about 1.5 miles on the right, river front side
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.29
  • Lot Size: 99.93 x 130.59 x 89
  • Road Frontage Type: County Road, Other
  • Road Surface Type: Paved
  • Subdivision Name: Carrabelle River
  • Special Features: None

Exterior Features

  • Lot Features: Within 1/2 Mile of Water, Survey Available, Wooded, Deeded Water Access, Flood Insurance Required, Wetlands, Boating Access, Level
  • Fencing: Partial, Chain Link
  • View: River, Water
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Disclosures: County Zoning

Utilities

  • Utilities: Water Available, Sewer Available, Tap Fee Paid, Electricity Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 12632.4
  • Additional Parcels: No
  • Parcel #: 2407S05W018000050060
  • Zoning Description: County,Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 609

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2019
Closed on
Dec 20, 2019
Sold by
Eugenio Paul M and Eugenio Rachel B
Bought by
Santos Rolando and Santos Nancy
Seller's Agent
Robin Hilton
Jeff Galloway Real Estate
Buyer's Agent
Robin Hilton
Jeff Galloway Real Estate
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%
Current Estimated Value
$438,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,000
Avg. Annual Appreciation
37.29%

Purchase Details

Listed on
Aug 28, 2014
Closed on
Jan 21, 2015
Sold by
Gibbs Realty Corporation
Bought by
Eugenio Paul M and Eugenio Rachel B
Buyer's Agent
Cheryl Ann Griffin
Coastal Realty Group-Carrabelle
List Price
$59,900
Sold Price
$54,500
Premium/Discount to List
-$5,400
-9.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%

Purchase Details

Closed on
Jul 7, 2014
Sold by
County Of Franklin
Bought by
Gibbs Realty Corporation

Purchase Details

Closed on
Dec 5, 2003
Sold by
Danny Putman and Danny Connie
Bought by
James Campagna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.07%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Santos Rolando $65,000 Tallahassee Title Group Llc
Eugenio Paul M $54,500 Attorney
Gibbs Realty Corporation $23,464 None Available
James Campagna $200,000 Dodd Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James Campagna $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2019 12/20/19 Sold $65,000 -7.0% --
11/19/2019 11/19/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $69,900 +28.3% --
01/21/2015 01/21/15 Sold $54,500 -9.0% -- View Prior Sale
12/06/2014 12/06/14 Pending -- -- --
08/28/2014 08/28/14 For Sale $59,900 -- --
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
2025 $4,855 $541,096 $125,000 $416,096
2024 $929 $125,000 $125,000 --
2023 $925 $125,000 $125,000 $0
2021 $959 $125,000 $125,000 $0
2020 $600 $52,500 $52,500 $0
2019 $616 $52,500 $52,500 $0
2018 $653 $52,500 $0 $0
2017 $610 $50,000 $0 $0
2016 $577 $50,000 $0 $0
2015 $496 $40,000 $0 $0
2014 $501 $40,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 301855

Forgotten Coast REALTOR® Association

APN: 24-07S-05W-0180-0005-0060