$140,000
SOLD JUN 13, 2024

40 11th St Unit K89 Shalimar, FL 32579

2 Beds
1.5 Baths
1,216 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$115 Per Sq Ft

22% Above List Price

33 Days on Market

Highlights

  • Community Pool
  • Woodwork
  • Painted or Stained Flooring
  • Choctawhatchee Senior High School Rated A-
  • Living Room
  • Three Sided Brick Exterior Elevation

About This Home

As of June 2024

This REO home is located in the heart of Shalimar and comes with tons of potential. A 2 bedroom 1 and 1/2 2 story townhome, you will find both bedrooms and full bath upstairs and the half bath down stairs. Back yard is fenced, and the kitchen was updated in the past. Bring your elbow grease and make this one shine! Due to condition only cash or rehab loans can be accepted at this time. Call today!

Last Agent to Sell the Property

Cosmo Spellings

Assurance Realty of NWFL LLC License #3113695 Listed on: 04/19/2024

Last Buyer's Agent

Cosmo Spellings

Assurance Realty of NWFL LLC License #3113695 Listed on: 04/19/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,299

Year Built

  • Built in 1975

Lot Details

  • 1,742 Sq Ft Lot
  • Property fronts a county road
  • Back Yard Fenced

Home Design

  • Composition Shingle Roof
  • Three Sided Brick Exterior Elevation
  • Stucco

Interior Spaces

  • 1,216 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Living Room
  • Electric Oven or Range
  • Exterior Washer Dryer Hookup

Flooring

  • Painted or Stained Flooring
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Shalimar Elementary School
  • Meigs Middle School
  • Choctawhatchee High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05-2S-23-2080-0056-0K89

Community Details

Overview

  • Port Dixie Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,299

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: PORT DIXIE
  • Directions: 12th Ave to right onto 11th St. Follow to unit on the left.
  • Architectural Style: Townhome
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1975
  • Utilities Electric: Yes
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Appliances: Stove/Oven Electric
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Floor WW Carpet, Washer/Dryer Hookup, Woodwork Painted
  • Appliances:StoveOven Electric: Yes

Exterior Features

  • Construction Type: Roof Composite Shngl, Siding Brick Some, Stucco
  • Exterior Features: Fenced Back Yard, Fenced Privacy
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • ConstructionSiding:Siding Brick Some: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool

Schools

  • Elementary School: Shalimar
  • High School: Choctawhatchee
  • Middle Or Junior School: Meigs

Lot Info

  • Lot Size Sq Ft: 1742.4
  • Parcel #: 05-2S-23-2080-0056-0K89
  • Zoning: Resid Multi-Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jun 5, 2024
Sold by
Mclp Asset Company Inc
Bought by
Keldon Llc
Seller's Agent
Cosmo Spellings
Assurance Realty of NWFL LLC
Buyer's Agent
Cosmo Spellings
Assurance Realty of NWFL LLC
List Price
$114,900
Sold Price
$140,000
Premium/Discount to List
$25,100
21.85%
Total Days on Market
33
Views
127
Current Estimated Value
$154,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,793
Avg. Annual Appreciation
11.03%

Purchase Details

Closed on
Mar 15, 2024
Sold by
Sheesley Andrew
Bought by
Mclp Asset Company Inc

Purchase Details

Closed on
Jun 24, 2016
Sold by
Dixon Frank and Dixon Took
Bought by
Tolbert Bridgette Meyer

Purchase Details

Closed on
Jan 29, 2009
Sold by
Dixon Frank
Bought by
Dixon Frank
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 Type Sale Price Title Company
Special Warranty Deed $140,000 Shore To Shore Title
Certificate Of Transfer $130,400 --
Warranty Deed $35,000 First Interanational Title
Warranty Deed $35,000 First Interanational Title
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $770,000 New Conventional
Previous Owner $80,000 Fannie Mae Freddie Mac
Previous Owner $46,750 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $140,000 +21.8% $115 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $114,900 -- $94 / 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 $1,299 $125,813 $30,000 $95,813
2023 $1,299 $122,901 $30,000 $92,901
2022 $1,175 $108,583 $30,000 $78,583
2021 $1,093 $96,679 $30,000 $66,679
2020 $914 $73,362 $20,000 $53,362
2019 $813 $61,964 $15,000 $46,964
2018 $754 $56,837 $0 $0
2017 $697 $52,262 $0 $0
2016 $615 $46,416 $0 $0
2015 $604 $44,898 $0 $0
2014 $598 $44,436 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 947746

Emerald Coast Association of REALTORS®

APN: 05-2S-23-2080-0056-0K89