NOT LISTED FOR SALE

389 Island Way Unit Lot 56 Freeport, FL 32439

Hammock Bay Neighborhood

Estimated Value: $417,000 - $490,000

4 Beds
2.5 Baths
2,416 Sq Ft
$183/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $295,900 $122 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,978/month

48 Days on Market

Highlights

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

About This Home

As of September 2020

Under Construction - Estimated Completion November 2020. This is the Galen plan. This is a 2 story home with 4 Bedrooms 2.5 Baths and a two car garage. The standard features include; stainless appliance - stove, microwave and dishwasher, shaker style cabinetry, Vinyl flooring throughout common areas and plush carpet with pad in bedrooms, Maxim lighting package, laminate countertops and Moen plumbing fixtures. Construction is 4 sides Hardi vinyl with dimensional shingles, sodded yard with some landscaping at front entrance. Also included is a standard smart home package with Kwikset combo lock entry, Qolsys IQ touch panel, Echo Dot devices and Skybell Doorbell. A one year builder warranty and 10 year structural warranty are also included.

Last Agent to Sell the Property

Lisa Clay

DR Horton Realty of Emerald Coast LLC License #3253289 Listed on: 08/01/2020

DR Horton Realty of Emerald Coast LLC

Last Buyer's Agent

Ashley Motley

KELLER WILLIAMS REALTY EMERALD COAST-NAVARRE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,378

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 6,273

HOA Fees

  • $161 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,416 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

  • 4 Bedrooms

Schools

  • Freeport Elementary And Middle School
  • Freeport High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Porch
  • Lot Dimensions are 52x116

Listing and Financial Details

  • Assessor Parcel Number 18-1S-19-23213-000-0560

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

$4,378

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$161 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 52x116
  • 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
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Appliances Microwave: Yes
  • Rooms:Great Room: Yes
  • Rooms:Office2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Floor Vinyl, Floor WW Carpet, Kitchen Island, Pantry, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Kitchen Island: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Roof Dimensional Shg, Vinyl Siding, Slab
  • Exterior Features: Porch
  • Property Condition: Under Construction
  • ConstructionSiding:Siding Vinyl: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • Construction Status:Under Construction: 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-19-23213-000-0560
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2020
Closed on
Nov 16, 2020
Sold by
D R Horton Inc
Bought by
Roye Elvis A
Seller's Agent
Lisa Clay
DR Horton Realty of Emerald Coast LLC
Buyer's Agent
Ashley Motley
KELLER WILLIAMS REALTY EMERALD COAST-NAVARRE
List Price
$295,900
Sold Price
$295,900
Current Estimated Value
$447,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,898
Avg. Annual Appreciation
8.56%
Original Mortgage
$236,720
Outstanding Balance
$213,036
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$229,017
Source: Public Records

Range of Values:

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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
Roye Elvis A $295,900 Dhi Title Of Florida Inc
Roye Elvis A $295,900 Dhi Title Of Florida
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roye Elvis A $236,720
Closed Roye Elvis A $236,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2022 11/03/22 Off Market $295,900 -- --
09/18/2020 09/18/20 Sold $295,900 0.0% $122 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
08/01/2020 08/01/20 For Sale $295,900 -- $122 / 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 $4,378 $365,326 $49,485 $315,841
2023 $4,378 $312,572 $0 $0
2022 $3,916 $331,993 $54,928 $277,065
2021 $3,480 $258,324 $45,755 $212,569
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 Emerald Coast LLC

    Section Image

  • A

    Buyer's Agent in 2020

    Ashley Motley

    KELLER WILLIAMS REALTY EMERALD COAST-NAVARRE

  • Ashley Porter

    Buyer's Agent in 2020

    Ashley Porter

    COLDWELL BANKER REALTY

    (850) 684-1003

    1 in this area

    57 Total Sales

    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 852157

Emerald Coast Association of REALTORS®

APN: 18-1S-19-23213-000-0560

Florida Walton County Freeport 32439 Hammock Bay

389 Island Way Unit Lot 56, Freeport, FL

This home is located at 389 Island Way Unit Lot 56, Freeport, FL 32439 since 01 August 2020 and is currently estimated at $442,053, approximately $182 per square foot. This property was built in 2020. 389 Island Way Unit Lot 56 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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