NOT LISTED FOR SALE

407 Royal Tern Way Carrabelle, FL 32322

Estimated Value: $40,878 - $48,000

0.21 Acre
$211,614 Price per Acre
9,148 Sq Ft Lot

Last Sold July 10, 2023

Last sale price $41,000

Est. 8% increase in value since last sale

Current estimated payment $319/month

159 Days on Market

Highlights

  • Wooded Lot
  • Controlled Access
  • Property is near a golf course
  • Interior Lot

About This Lot

As of July 2023

ST JAMES BAY RESORT AND GOLF CLUB IS A WELL KNOWN WELL MAINTAINED FACILITY WITH A RESTAURANT AND A REHABILITATION SITE AS WELL. IT IS LOCATED RIGHT OFF HWY 98 AND RIGHT OFF THE BAY WATERS. AMENITIES INCLUDE AN 18 HOLE GOLF COURSE, POOL, PICKLE BALL COURT, TENNIS COURTS, WORKOUT ROOM AND A FULL SERVICE RESTAURANT AND BAR.

Last Listed By

Gordon Adkins

Suncoast Realty Brokerage Phone: 8509272282 License #3094438 Listed on: 01/14/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $368

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 72 x 124
  • Interior Lot
  • Level Lot
  • Irregular Lot
  • Wooded Lot

HOA Fees

  • $40 Monthly HOA Fees

Location

  • Flood Insurance May Be Required
  • Property is near a golf course

Listing and Financial Details

  • Assessor Parcel Number 0507S03W1001000F0250

Community Details

Overview

  • St James Bay Subdivision
  • The community has rules related to covenants

Security

  • Controlled Access

Property Details

Property Type

Land

Est. Annual Taxes

$368

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Attribution Contact: 8509272282
  • Directions: TAKE HWY 98 TO CROOKED RIVER RD (ENTRANCE TO ST JAMES BAY GOLF RESORT)—TURN RIGHT ON ROYAL TERN WAY AND. TRAVEL SEVERAL MILES ON THAT ST —- LOT IS LOCATED ON LEFT SIDE OF RD ACROSS FROM A NEW HOUSE UNDER CONSTRUCTION
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.21
  • Lot Size: 72 x 124
  • Subdivision Name: St James Bay
  • Special Features: None

Exterior Features

  • Lot Features: Covenants/Restrictions, Flood Insurance Required, Near Golf Course, Interior Lot, Irregular Lot, Level, Within 1/2 Mile of Water, Wooded
  • Waterfront: No
  • Disclosures: County Zoning

Utilities

  • Sewer: Aerobic Needed
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 120
  • Association Fee Frequency: Quarterly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Additional Parcels: No
  • Parcel #: 0507S03W1001000F0250
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2023
Closed on
Jul 10, 2023
Sold by
Sql Llc
Bought by
Turk Matthew and Turk Angela
Seller's Agent
Gordon Adkins
Suncoast Realty
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$49,000
Sold Price
$41,000
Premium/Discount to List
-$8,000
-16.33%
Total Days on Market
159
Views
18
Current Estimated Value
$44,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,439
Avg. Annual Appreciation
4.55%

Purchase Details

Listed on
May 18, 2021
Closed on
Jul 20, 2021
Sold by
Tasso Mark J
Bought by
Sql Llc
Seller's Agent
Carol Barber
Coastal Realty Group-Carrabelle
Buyer's Agent
Gordon Adkins
Suncoast Realty
List Price
$28,000
Sold Price
$28,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.36%

Purchase Details

Listed on
May 17, 2021
Closed on
May 17, 2021
Sold by
Gill Frank Martin
Bought by
Tasso Mark J
Seller's Agent
Nonmember Nonmember
Nonmember Office
Buyer's Agent
Carol Barber
Coastal Realty Group-Carrabelle
List Price
$19,000
Sold Price
$17,000
Premium/Discount to List
-$2,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1499.34%

Purchase Details

Listed on
Jul 30, 2014
Closed on
Nov 28, 2014
Sold by
Bank Of America Na
Bought by
Gill Frank Martin
Seller's Agent
David Rosetti
Rossetti Realty Inc
Buyer's Agent
David Rosetti
Rossetti Realty Inc
List Price
$15,500
Sold Price
$9,600
Premium/Discount to List
-$5,900
-38.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.28%

Purchase Details

Closed on
Jul 21, 2014
Sold by
Perkerson Sharon and Wood Constance M
Bought by
Bank Of America Na

Purchase Details

Closed on
May 13, 2005
Sold by
Carabelle Properties Limited
Bought by
Perkerson Sharon and Perkerson Wood C M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2005
Sold by
Carabelle Properties Limited
Bought by
Perkerson Sharon and Perkerson Wood C M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2005
Sold by
Carabelle Properties Limited
Bought by
Perkerson Sharon and Perkerson Wood C M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
5.57%
Mortgage Type
New Conventional

Range of Values:

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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
Turk Matthew $41,000 Peacock Title
Sql Llc $28,000 Attorney
Tasso Mark J $17,000 Hayward Title Group
Gill Frank Martin $9,600 Stewart Title Company
Bank Of America Na -- None Available
Perkerson Sharon $250,000 --
Perkerson Sharon $250,000 Dodd Title Company Inc
Perkerson Sharon $250,000 Dodd Title Company Inc
Wood Constance M -- Dodd Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perkerson Sharon $237,500
Previous Owner Wood Constance M $237,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $41,000 -16.3% --
01/14/2023 01/14/23 For Sale $49,000 +75.0% --
07/22/2021 07/22/21 Sold $28,000 0.0% --
06/21/2021 06/21/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $28,000 +191.7% --
12/08/2014 12/08/14 Sold $9,600 -38.1% $5 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
07/30/2014 07/30/14 For Sale $15,500 -- $8 / 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 $368 $38,250 $38,250 --
2023 $254 $25,000 $25,000 $0
2021 $144 $14,000 $14,000 $0
2020 $128 $10,500 $10,500 $0
2019 $157 $14,000 $14,000 $0
2018 $155 $13,200 $0 $0
2017 $132 $10,500 $0 $0
2016 $134 $12,000 $0 $0
2015 $130 $12,000 $0 $0
2014 $98 $7,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Forgotten Coast REALTOR® Association

MLS Number: 313139

Forgotten Coast REALTOR® Association

APN: 05-07S-03W-1001-000F-0250