NOT LISTED FOR SALE

435 Mill Rd Carrabelle, FL 32322

Estimated Value: $685,000 - $1,506,237

3 Beds
2 Baths
2,120 Sq Ft
$526/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $1,025,000 $483 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,619/month

438 Days on Market

Highlights

  • Docks
  • Boat Lift
  • Custom Home
  • Guest House
  • Sitting Area In Primary Bedroom
  • River View

About This Home

As of March 2023

THIS IS A VERY UNIQUE ONE OF A KIND PROPERTY LOCATED ON DEEP WATER WITH ACCESS TO GULF. Great for a homestead or for investors.This is a very unique one of a kind property. Great for a homestead or for investors. Contained within the 21 acres are 9 homesites approved and recorded for building new homes with a dedicated dock. The primary home is on 4 acres with 450 feet of frontage on the New River with a private dock. It is 2100 sq. ft. 3 bedroom 2 full bathrooms, open floorplan, vaulted ceiling, fireplace, screened porches with a hot tub. There is a mother-in-law efficiency apartment attached to a metal storage/barn. There is plenty of undeveloped property for additional development or privacy. Plenty of wildlife and fantastic sunsets on the New River. So many possibilities, you have to tour this property to appreciate.

Last Agent to Sell the Property

Mary Lawhon

Bay Point Real Estate Group, LLC License #3028674 Listed on: 11/30/2021

Co-Listed By

Jeffrey Wilson

Bay Point Real Estate Group, LLC License #695001

Last Buyer's Agent

Susan Gay

Sea Crest Real Estate, Inc. License #697034

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 21 Acre Lot
  • Lot Dimensions are 2800 x 450 x 2250 x 2
  • River Front
  • Property fronts a private road
  • Wooded Lot
  • Additional Land
  • Zoning described as County,Residential Single Family

Home Design

  • Custom Home
  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 2,120 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • French Doors
  • Living Room
  • Dining Area
  • Screened Porch
  • River Views
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Car Detached Garage
  • Circular Driveway
  • Open Parking

Outdoor Features

  • Boat Lift
  • Docks
  • Separate Outdoor Workshop
  • Outdoor Storage

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Internet Available
  • Phone Connected

Community Details

  • No Home Owners Association
  • Rio Nuevo Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1307S05W000001700000

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Directions: Hwy 98 west, Right on River Road, Left on Mill Road
  • Prop. Type: Residential
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 21
  • Lot Size: 2800 x 450 x 2250 x 2
  • Road Frontage Type: Private Road
  • Co List Office Mls Id: 531
  • Co List Office Phone: 850-933-4166
  • Subdivision Name: Rio Nuevo Estates
  • Architectural Style: Custom, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1996
  • NAV22_Room4Name: Front Porch
  • NAV22_ResortRentalYN: No
  • NAV22_Room3Name: Dining Area
  • NAV22_Room7Name: Master Bedroom
  • NAV22_Room13Name: Laundry
  • NAV22_Room2Name: Screened Porch
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room1Name: Living Room
  • NAV22_Room15Name: Screened Porch
  • NAV22_Room5Name: Kitchen
  • NAV22_Room11Name: Additional Bedroom
  • NAV22_Room9Name: Additional Bedroom
  • Special Features: None

Interior Features

  • Appliances: Cooktop Jennaire, Refrigerator, Electric Oven, Dishwasher, Microwave, Electric Water Heater, Dryer, None, Self Cleaning Oven, Refrigerator w/Ice Maker, Washer, Exhaust Fan, Oven
  • Furnished: Unfurnished
  • Interior Amenities: Open Floorplan, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Fireplace 2+
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Area: 2120
  • Window Features: Window Treatment Some, Double Pane Windows, Insulated Windows
  • Master Bedroom Features: Carpeted, Sitting Area, Walk-In Closet(s)
  • Master Bathroom Features: Tile Counters, Walk-In Closet(s)

Exterior Features

  • Exterior Features: Boat Lift, Dock
  • Lot Features: Additional Land Available, Timber, Within 1/2 Mile of Water, Survey Available, Wooded
  • Other Structures: Separate Building for Rent, Storage, Guest House, Workshop
  • Roof: Standing Seam
  • Pool Features: None
  • Pool Private: No
  • View: Water, River
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Frame
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Enclosed Porch, Screened
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Garage Detached, Oversized
  • Total Parking Spaces: 6

Utilities

  • Cooling: Central Electric, Ceiling Fan(s)
  • Heating: Fireplace(s), Central Electric, Heat Pump
  • Sewer: Septic Tank
  • Utilities: Internet Available, Electricity Available, Phone Available, Electricity Connected, Phone Connected, Water Available, County Trash
  • Laundry Features: Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 914760
  • Additional Parcels: No
  • Parcel #: 1307S05W000001700000
  • Zoning Description: County,Residential Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Mar 28, 2023
Sold by
Morris Beverly K
Bought by
Dorminey Jeremy Carlton
Seller's Agent
Mary Lawhon
Bay Point Real Estate Group, LLC
Buyer's Agent
Susan Gay
Sea Crest Real Estate, Inc.
List Price
$1,400,000
Sold Price
$1,025,000
Premium/Discount to List
-$375,000
-26.79%
Views
21
Current Estimated Value
$1,120,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,218
Avg. Annual Appreciation
3.05%
Original Mortgage
$1,043,215
Outstanding Balance
$1,009,274
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$105,285
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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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
Dorminey Jeremy Carlton $1,025,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorminey Jeremy Carlton $1,043,215
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2023 03/28/23 Sold $1,025,000 -26.8% $483 / Sq Ft
12/02/2021 12/02/21 For Sale $1,400,000 -- $660 / 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
2025 $9,134 $1,000,632 $557,000 $443,632
2024 $9,283 $1,005,046 $557,000 $448,046
2023 $1,481 $185,958 $0 $0
2022 $1,472 $180,833 $0 $0
2021 $1,505 $175,857 $0 $0
2020 $1,574 $173,567 $0 $0
2019 $1,572 $169,890 $0 $0
2018 $1,508 $156,909 $0 $0
2017 $1,461 $153,682 $0 $0
2016 $1,409 $150,521 $0 $0
2015 $1,403 $149,475 $0 $0
2014 $1,402 $148,289 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 309581

Forgotten Coast REALTOR® Association

APN: 13-07S-05W-0000-0170-0000