NOT LISTED FOR SALE

42 Blue Crab Ln Panacea, FL 32346

Estimated Value: $626,000 - $1,110,000

3 Beds
3 Baths
1,914 Sq Ft
$439/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $800,000 $418 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,404/month

35 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Open Floorplan
  • Deck
  • Bay View
  • Craftsman Architecture
  • Cathedral Ceiling

About This Home

As of March 2024

This well maintained 3 bedroom and 3 bathroom 1900+ sqft deepwater canal front home has an outstanding view of Ochlockonee Bay and gorgeous sunset views from the screened decks and porches. Built in 2006 this home features, metal roof, elevator, concrete pilings, impact resistant windows, and hardwood and tile floors. Dock and covered boat lift big enough to handle large boats too. Waterfront master suite with enormous master bath featuring jetted tub and walk in tile showed with 6 shower heads! Well equipped kitchen and living room, boasts everything you need to relax and entertain. Screened Mezzanine deck plus downstairs storage with ice maker and freezers and of course plenty of room for all your fishing rods and boating equipment. The home comes completely furnished and is turn key and ready right down to the silverware.

Last Agent to Sell the Property

Josh Brown

Waypoint Properties License #3029165 Listed on: 02/08/2024

Last Buyer's Agent

Josh Brown

Waypoint Properties License #3029165 Listed on: 02/08/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,031

Year Built

  • Built in 2006

Lot Details

  • 0.25 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • River Front
  • Home fronts a canal

Parking

  • 3 Carport Spaces

Property Views

  • Bay
  • Gulf
  • River

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Siding

Interior Spaces

  • 1,914 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Separate Formal Living Room
  • Formal Dining Room
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Garden Bath
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Outdoor Kitchen

Schools

  • Medart Elementary School
  • Wakulla Middle School
  • Wakulla High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Multiple Water Heaters
  • Gas Water Heater
  • Satellite Dish

Community Details

  • Panacea Shores Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 12129-08-6S-01W-029-04794-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,031

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Lot: 9
  • Miscellaneous: 9 + Foot Ceilings, Cathedral/Vault/Tray, Deck, Tub - Garden, Patio, Shower Stall, Wet Bar, Tub - Jetted, Outdoor Kitchen, Public Sewer
  • Road Frontage Type: Paved
  • Sold Price Per Sq Ft: 417.97
  • Style Exterior: Traditional/Classical, Craftsman
  • Subdivision: Panacea Shores
  • Subdivision Unit: II
  • Tax Database Id: 9
  • Tax Item Number: 08-6S-01W-029-04794-000
  • Type: Detached Single Family
  • Waterfront: Yes
  • L V T Date: 02/08/2024
  • Street Designation: Lane
  • Number Of Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Estimated Sq Ft: 1914
  • Year Built: 2006
  • Directions: Hwy 98S to Left on Mashes Sands Rd to Right on Blue Crab
  • Elementary School: MEDART
  • Geo Longitude: -84.350846
  • High School: WAKULLA
  • Middle School: WAKULLA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Hardwood
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Oven(s), Refrigerator w/Ice, Satellite TV Equip, Security Syst Equip-Owned, Washer, Stove
  • Floor Plan: Story - One, Bedroom - Split Plan
  • Kitchen Dim: 12x10
  • Living Area Description: Kitchen with Bar, Separate Dining Room, Separate Living Room, Open Floor Plan
  • Master Bedroom Dim: 14x16
  • Other Room Description: Storage Room
  • Other Room Dim: 10x20
  • Other Rooms: Porch - Covered, Porch - Screened, Utility Room - Inside, Bonus Room

Exterior Features

  • Construction: Siding - Fiber Cement
  • Frontageview: Bay Frontage, Canal Frontage, Gulf Frontage, River Frontage, Bay View, Gulf View, River View
  • Number Of Acres: 0.25

Garage/Parking

  • Garage: Carport - 3+ Car

Utilities

  • Heating: Central, Electric
  • Cooling: Central, Electric, Fans - Ceiling
  • Water Heater: 2+ Heaters, Electric, Gas, Tankless
  • Utility Provider: OTH: Local to County

Schools

  • Elementary School: MEDART
  • Middle School: WAKULLA
  • High School: WAKULLA

Lot Info

  • Lot Dimensions: 95x125x72x125
  • Geo Subdivision: FL

Tax Info

  • Taxes: 9244
  • Assessor Parcel Number: 12129-08-6S-01W-029-04794-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Apr 3, 2024
Sold by
Hurst Thomas E and Hurst Tommy
Bought by
Thomas E Hurst Revocable Trust and Hurst
Seller's Agent
Josh Brown
Waypoint Properties
Buyer's Agent
Josh Brown
Waypoint Properties
List Price
$849,900
Sold Price
$800,000
Premium/Discount to List
-$49,900
-5.87%
Views
27
Current Estimated Value
$840,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,081
Avg. Annual Appreciation
3.45%

Purchase Details

Listed on
Feb 8, 2024
Closed on
Mar 13, 2024
Sold by
Hurst Tommy
Bought by
Ryan Bernard And Lee Bernard Living Trust and Bernard
Seller's Agent
Josh Brown
Waypoint Properties
Buyer's Agent
Josh Brown
Waypoint Properties
List Price
$849,900
Sold Price
$800,000
Premium/Discount to List
-$49,900
-5.87%
Views
27

Purchase Details

Listed on
Mar 1, 2016
Closed on
Apr 12, 2016
Sold by
T & H Realty Llc
Bought by
Hurst Tommy
Seller's Agent
Josh Brown
Waypoint Properties
Buyer's Agent
Josh Brown
Waypoint Properties
List Price
$459,000
Sold Price
$459,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
Mar 15, 2006
Sold by
Johnson Bruce and Nelson Terry C
Bought by
T & H Realty Llc

Purchase Details

Closed on
Aug 24, 2004
Sold by
Naumann Partnership
Bought by
Johnson Bruce and Nelson Terry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
5.75%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 27, 2004
Sold by
Harris H Clay and Harris Linda W
Bought by
Naumann Partnership

Purchase Details

Closed on
Jan 16, 2004
Sold by
Regions Bank and Sleuter Max
Bought by
Harris H Clay and Harris Linda W
Source: Public Records

Range of Values:

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Average Value
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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
Thomas E Hurst Revocable Trust $100 None Listed On Document
Ryan Bernard And Lee Bernard Living Trust $800,000 Wakulla Title Company
Hurst Tommy $459,000 Wakulla Title Company Inc
T & H Realty Llc $970,000 Attorney
Johnson Bruce $350,000 --
Naumann Partnership $335,000 --
Harris H Clay $300,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Bruce $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $800,000 -5.9% $418 / Sq Ft
02/12/2024 02/12/24 For Sale $849,900 +85.2% $444 / Sq Ft
04/12/2016 04/12/16 Sold $459,000 0.0% $240 / Sq Ft
04/02/2016 04/02/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $459,000 -- $240 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board 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 $10,031 $769,946 $65,000 $704,946
2023 $9,629 $625,525 $0 $0
2022 $8,403 $606,906 $45,000 $561,906
2021 $7,639 $516,963 $45,000 $471,963
2020 $7,013 $479,232 $45,000 $434,232
2019 $6,789 $454,245 $45,000 $409,245
2018 $6,279 $415,153 $45,000 $370,153
2017 $6,059 $393,540 $0 $0
2016 $5,709 $318,924 $0 $0
2015 $5,705 $289,931 $0 $0
2014 $5,612 $263,574 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

MLS Number: 368334

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

APN: 08-6S-01W-029-04794-000