NOT LISTED FOR SALE

42 River Dr Panacea, FL 32346

Estimated Value: $1,090,331 - $1,104,000

3 Beds
3.5 Baths
2,178 Sq Ft
$505/Sq Ft Est. Value

Last Sold January 02, 2025

Last sale price $1,100,000 $505 Per Sq Ft

Current estimated payment $6,429/month

13 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Open Floorplan
  • Deck
  • Spa
  • Craftsman Architecture
  • Wood Flooring

About This Home

As of January 2025

Welcome home to 42 River Drive - a unique, secluded home that boasts 3BR/3BA and is situated on Ochlockonee Bay! This lush .42 acre promontory has breathtaking views of the Bay and offers a rare opportunity for you to own your own piece of paradise! No expenses were spared in this custom built home. The total area of this features over 7,000 sq ft. (2,178 heated and cooled). The Chef's kitchen is thoughtfully designed with custom soft close cabinets, stainless steel appliances and finely appointed finishes including a custom built boat island with ample storage. The open living room off of the kitchen yields unparalleled views over the Bay, 20' ceilings with transom windows that enhance the natural lighting. Massive master suite with direct access to the screened in back deck to enjoy endless sunsets. Spacious master bathroom that includes a walk-in tile shower with double shower heads, double vanities and utility/laundry room. No need to worry about losing power or hot water with a generac system and endless hot water heater. The exterior of this home features a metal roof, Fence, Outdoor kitchen, Outdoor laundry, Outdoor shower (hot & cold), Hot tub, TWO Large screened in back porches, Screened in storage rooms, Outdoor half bath with hot water, Beach butler, Built in speakers, Dock with rope lighting that has power & water, TWO jet ski lifts, 13,000 lb boat lift, 6,000 lb boat lift, Fish cleaning station, Custom built in rod holders, 500 galloon buried propane tank, TWO storage sheds, TWO tall pole barns and a small beach for the kids to play! Minutes away from waterfront restaurants and beaches!

Last Agent to Sell the Property

Kayla Palmer

Timber & Tides Real Estate License #3448467 Listed on: 11/11/2024

Last Buyer's Agent

Anna Smith

Rybak Realty, LLC License #3605232

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020

Lot Details

  • 0.42 Acre Lot
  • Property Fronts a Bay or Harbor
  • Fenced
  • Unpaved Streets

Parking

  • Driveway

Home Design

  • Craftsman Architecture
  • Siding

Interior Spaces

  • 2,178 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Combination Dining and Living Room
  • Screened Porch
  • Utility Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Outdoor Kitchen

Schools

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

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • River Bend Subdivision

Listing and Financial Details

  • Legal Lot and Block 10+ / D
  • Assessor Parcel Number 12129-03-6S-02W-036-03830-000

Home Details

Home Type

Single Family

Year Built

Built in 2020

Lot Details

0.42 Acres

Listing Details

  • Class: Residential
  • Lot: 10+
  • Miscellaneous: 9 + Foot Ceilings, Deck, Fenced, Tub - Hot, Patio, Survey, Outdoor Kitchen, Public Sewer
  • Road Frontage Type: Maint - Gvt., Unpaved
  • Sold Price Per Sq Ft: 505.05
  • Style Exterior: Craftsman
  • Subdivision: River Bend
  • Tax Database Id: 9
  • Tax Item Number: 03-6S-02W-036-03830-000
  • Type: Detached Single Family
  • Waterfront: Yes
  • L V T Date: 11/11/2024
  • Street Designation: Drive
  • Number Of Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Estimated Sq Ft: 2178
  • Year Built: 2020
  • Directions: S on 98, R on Surf Rd, L on River Dr, Home on L.
  • Elementary School: MEDART
  • Geo Longitude: -84.42989
  • High School: WAKULLA
  • Middle School: WAKULLA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Equipment: Dishwasher, Dryer, Microwave, Refrigerator w/Ice, Washer, Range/Oven
  • Floor Plan: Bedroom - Split Plan, Elevator
  • Kitchen Dim: 18x15
  • Living Area Description: Kitchen with Bar, Combo Living Rm/DiningRm, Open Floor Plan
  • Master Bedroom Dim: 18x14
  • Other Rooms: Porch - Covered, Porch - Screened, Utility Room - Inside, Walk-in Closet

Exterior Features

  • Construction: Siding - Fiber Cement
  • Frontageview: Bay Frontage
  • Number Of Acres: 0.42

Garage/Parking

  • Garage: Driveway Only

Utilities

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

Lot Info

  • Lot Dimensions: 267x167x206x132
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12129-03-6S-02W-036-03830-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Jan 2, 2025
Sold by
Connett Ronda G and Connett Squire S
Bought by
Fullerton Randy Scott and Fullerton Christina Coates
Seller's Agent
Kayla Palmer
Timber & Tides Real Estate
Buyer's Agent
Anna Smith
Rybak Realty, LLC
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Views
11
Current Estimated Value
$1,099,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$556
Avg. Annual Appreciation
-0.04%

Purchase Details

Closed on
Aug 7, 2018
Sold by
Connett Squire
Bought by
Connett Ronda

Purchase Details

Closed on
Dec 8, 2017
Sold by
Mulligan Rene C
Bought by
Connett Squire Stephen

Purchase Details

Listed on
Jun 8, 2015
Closed on
Mar 21, 2016
Sold by
Jordan James Milton and Wiggins James D
Bought by
Connett Squire and Mulligan Rene C
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$319,000
Sold Price
$300,000
Premium/Discount to List
-$19,000
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.94%
Original Mortgage
$200,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2011
Sold by
Lawhorn Joann Timmons and Neely Leslie Ann Lawhorn
Bought by
Jordan James Milton and Wiggins James D

Purchase Details

Closed on
Apr 13, 2011
Sold by
Moore T Mark
Bought by
Jordan James Milton and Wiggins James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2001
Sold by
Lawhorn Gerald I
Bought by
Lawhorn Gerald I and Gerald I Lawhorn Living Trust

Purchase Details

Closed on
Jul 28, 2000
Sold by
Smith Charles A and Smith Phyllis E
Bought by
White Robert D and White Frances Rawlins
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Fullerton Randy Scott $1,100,000 Hayward Title Group
Connett Ronda -- Attorney
Connett Squire Stephen -- None Available
Connett Squire $300,000 Wakulla Title Company Inc
Jordan James Milton -- Attorney
Jordan James Milton $250,000 Attorney
Lawhorn Gerald I -- --
White Robert D $230,000 Wakulla Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Connett Squire $200,000
Previous Owner Jordan James Milton $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/02/2025 01/02/25 Sold $1,100,000 -8.3% $505 / Sq Ft
11/11/2024 11/11/24 For Sale $1,200,000 +300.0% $551 / Sq Ft
03/24/2016 03/24/16 Sold $300,000 -6.0% $134 / Sq Ft View Prior Sale
01/19/2016 01/19/16 Pending -- -- --
06/16/2015 06/16/15 For Sale $319,000 -- $143 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

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
2025 $9,378 $707,142 -- --
2024 $9,051 $687,213 -- --
2023 $9,070 $667,197 $0 $0
2022 $7,668 $570,684 $0 $0
2021 $7,588 $552,945 $0 $0
2020 $1,839 $170,537 $120,000 $50,537
2019 $1,838 $167,688 $0 $0
2018 $2,755 $209,593 $0 $0
2017 $2,734 $205,282 $0 $0
2016 $3,468 $203,929 $0 $0
2015 $3,621 $203,798 $0 $0
2014 $3,723 $203,338 $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: 378911

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

APN: 03-6S-02W-036-03830-000

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