NOT LISTED FOR SALE

46 Magnolia Dr Mexico Beach, FL 32456

Estimated Value: $667,000 - $1,022,000

3 Beds
2 Baths
2,103 Sq Ft
$415/Sq Ft Est. Value

Last Sold March 25, 2019

Last sale price $292,500 $139 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $5,341/month

10 Days on Market

Highlights

  • Water Views
  • Beach House
  • Under Construction
  • Covered Deck
  • No HOA

About This Home

As of March 2019

Rare opportunity to have a great home located in one of the most prestigious areas of Mexico Beach. This property is only one lot from the beach and has great views of the beach, yet is high on a bluff and did not flood during Michael. Homes on this street rarely come on the market. This is a 3 story home ready to be remodeled and made into your own home. The downstairs has a room that can once again be a great man room/poker room, two sheds, and an out door shower. The kitchen and living area are on the first elevated floor along with one bedroom with two additional bedrooms. This is a great open design that will be a great house once again. Roof damage led to moisture and the home has been gutted down to the studs.

Last Agent to Sell the Property

Zach Childs

98 Real Estate Group, LLC License #3153944 Listed on: 02/25/2019

Last Buyer's Agent

Grant Terry

98 Real Estate Group, LLC License #3254485

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,631

Year Built

  • Built in 2003 | Under Construction

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 75 x 100

Home Design

  • Beach House
  • Fixer Upper
  • Metal Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 2,103 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Tuck Under Parking
  • Driveway
  • Open Parking

Outdoor Features

  • Covered Deck

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04872000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,631

Year Built

Built in 2003 | Under Construction

Lot Details

0

Listing Details

  • Directions: Coming into Mexico Beach, turn onto CR386 and then onto Magnolia Drive. Home will be on right side of road.
  • Prop. Type: Residential
  • Building Stories: 2
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.1722
  • Lot Size: 75 x 100
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Beach House
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2
  • Property Attached Yn: No
  • Year Built: 2003
  • NAV22_ResortRentalYN: No
  • NAV22_BuildersWarrantyYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Refrigerator w/Ice Maker, Washer, Microwave
  • Furnished: Unfurnished
  • Interior Amenities: Needs Work
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 2103

Exterior Features

  • Lot Features: Aerials/Topo Available, Within 1/2 Mile of Water
  • Roof: Metal
  • Pool Features: None
  • Pool Private: No
  • View: Water
  • View: Yes
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Pilings
  • Patio And Porch Features: Deck, Covered Deck
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Under House With Pad, Driveway
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, City Trash
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7500
  • Additional Parcels: No
  • Parcel #: 04872000000
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4631

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2019
Closed on
Mar 25, 2019
Sold by
Ard Wiley Bobby Herschel and Ard Wiley Linda
Bought by
Singleton Jacob Doyle
Seller's Agent
Zach Childs
98 Real Estate Group, LLC
Buyer's Agent
Grant Terry
98 Real Estate Group, LLC
List Price
$325,000
Sold Price
$292,500
Premium/Discount to List
-$32,500
-10%
Current Estimated Value
$872,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,192
Avg. Annual Appreciation
18.53%

Purchase Details

Closed on
Sep 17, 2009
Sold by
Wiley Bobby Herschel and Wiley Linda Ard
Bought by
Wiley Bobby Herschel and Wiley Linda Ard
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
Singleton Jacob Doyle $292,500 Attorney
Wiley Bobby Herschel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wiley Bobby H $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2019 03/25/19 Sold $292,500 -10.0% $139 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $325,000 -- $155 / 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 $7,035 $391,468 -- --
2023 $7,035 $526,281 $298,031 $228,250
2022 $5,953 $323,527 $0 $0
2021 $5,309 $294,115 $0 $0
2020 $4,983 $267,377 $95,625 $171,752
2019 $4,109 $262,752 $73,185 $189,567
2018 $4,824 $317,722 $0 $0
2017 $4,432 $311,187 $0 $0
2016 $4,512 $312,917 $0 $0
2015 $4,641 $317,193 $0 $0
2014 $4,738 $321,665 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 300912

Forgotten Coast REALTOR® Association

APN: 04872-000-000