NOT LISTED FOR SALE

418 Us Highway 98 Mexico Beach, FL 32456

Estimated Value: $841,000 - $1,329,888

0.17 Acre
$6,098,850 Price per Acre
7,500 Sq Ft Lot

Last Sold August 29, 2019

Last sale price $335,000

Est. 213% increase in value since last sale

Current estimated payment $6,825/month

106 Days on Market

Highlights

  • Gulf View
  • Corner Lot
  • No HOA

About This Lot

As of August 2019

UNOBSTRUCTED VIEWS of the Gulf! Perfect location across the street from the Gulf of Mexico! This corner lot gets a sea breeze and is a prime spot for your Beach House with an unobstructed view of the ocean through the palm trees! The beaches have been sifted and cleared and the area is going to come back strong!Be a part of the rebuilding of our favorite place in the sun, Mexico Beach!

Last Agent to Sell the Property

Kaye Haddock

Beach Properties Real Estate Group License #3068203 Listed on: 04/11/2019

Last Buyer's Agent

Sally Childs

Sundance Realty License #666212

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,610

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 150 x 50
  • Property fronts a highway
  • Corner Lot
  • Level Lot
  • Cleared Lot

Property Views

  • Gulf Views

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 418
  • Assessor Parcel Number 04278000000

Property Details

Property Type

Land

Est. Annual Taxes

$1,610

Lot Details

0

Listing Details

  • Directions: Corner of Hwy 98 and 5th Street in Mexico Beach. See sign.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.1722
  • Lot Size: 150 x 50
  • Road Frontage Type: Highway
  • Subdivision Name: No Named Subdivision
  • Special Features: None

Exterior Features

  • Lot Features: Within 1/2 Mile of Water, Aerials/Topo Available, Corner Lot, Cleared, Level
  • View: Gulf, Water
  • View: Yes
  • Waterfront: No
  • Disclosures: City Zoning, No Restrictions

Utilities

  • Utilities: Water Available, Cable Available, Natural Gas Available, Sewer Available, Electricity Available, Phone Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7500
  • Additional Parcels: No
  • Parcel #: 04278000000
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1609.87
  • Tax Lot: 418

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
Aug 26, 2019
Sold by
Lormand Carl W and Kingsland Kathy S
Bought by
Thatcher Kenneth E and Thatcher Laura Jean
Seller's Agent
Kaye Haddock
Beach Properties Real Estate Group
Buyer's Agent
Sally Childs
Sundance Realty
List Price
$389,900
Sold Price
$335,000
Premium/Discount to List
-$54,900
-14.08%
Current Estimated Value
$1,050,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$715,222
Avg. Annual Appreciation
20.79%
Original Mortgage
$251,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

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
Thatcher Kenneth E $335,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Thatcher Kenneth $762,010
Closed Thatcher Kenneth E $251,000
Previous Owner Lormand Carl W $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2019 08/29/19 Sold $335,000 -14.1% --
07/27/2019 07/27/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $389,900 -- --
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
2024 $14,753 $910,615 $448,250 $462,365
2023 $14,753 $835,783 $448,250 $465,229
2022 $12,853 $759,803 $0 $0
2021 $5,219 $297,000 $0 $0
2020 $5,032 $270,000 $270,000 $0
2019 $561 $66,003 $0 $0
2018 $1,677 $122,455 $0 $0
2017 $1,303 $119,936 $0 $0
2016 $1,278 $117,469 $0 $0
2015 $1,287 $116,652 $0 $0
2014 $1,277 $115,726 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kaye Haddock

    Seller's Agent in 2019

    Kaye Haddock

    Beach Properties Real Estate Group

    (850) 227-2500

    53 in this area

    799 Total Sales

    Kaye Haddock
    Section Image

  • S

    Buyer's Agent in 2019

    Sally Childs

    Sundance Realty

    (850) 899-4175

    92 in this area

    194 Total Sales

    Sally Childs
    Section Image
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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 301357

Forgotten Coast REALTOR® Association

APN: 04278-000-000

Florida Bay County Mexico Beach 32456

418 Us Highway 98, Mexico Beach, FL

This home is located at 418 Us Highway 98, Mexico Beach, FL 32456 since 11 April 2019 and is currently estimated at $1,050,222. 418 Us Highway 98 is a home located in Bay County.

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.

Forgotten Coast REALTOR® Association Property information provided by the FCRA MLS – a service of the Forgotten Coast REALTOR® Association.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.

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