NOT LISTED FOR SALE

47 Formby St Freeport, FL 32439

Estimated Value: $272,000 - $377,000

3 Beds
2 Baths
1,652 Sq Ft
$185/Sq Ft Est. Value

Sale Details

Date Sold: January 23, 2024

Last sale price $299,000 $181 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,770 / mo

71 Days on Market

Highlights

  • Primary Bedroom Suite
  • Florida Architecture
  • Central Air
  • Freeport Middle School Rated A-
  • Main Floor Primary Bedroom
  • Family Room

About This Home

As of January 2024

Wonderful INVESTMENT OPPORTUNITY in Walton County. A short drive to the beautiful Beaches of 30A, this is your chance to own an affordable piece of paradise in the heart of Freeport. This well-built property, constructed in 2010, is a perfect canvas for your vision. It features a master bedroom on the main floor for convenient living. Enjoy the southern charm of this home from your very own oversized front porch - the ideal spot to relax, sip a cold beverage, and enjoy the Florida sunshine. A detached lawn shed provides ample storage space for your outdoor equipment and tools. With some tender loving care and a little renovation, this house can be transformed into an absolute gem. The tile floor in the main living area is a promising start to your dream project. Act now and make it yours!

Last Agent to Sell the Property

Victoria Davis

EXP Realty LLC License #3345314 Listed on: 10/12/2023

EXP Realty LLC

Co-Listed By

RED

EXP Realty LLC

Last Buyer's Agent

Abbott Martin Group

EXP Realty LLC

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,315

Year Built

  • Built in 2010

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x160

Home Design

  • Florida Architecture

Interior Spaces

  • 1,652 Sq Ft Home
  • 2-Story Property
  • Family Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Schools

  • Freeport Elementary And Middle School
  • Freeport High School

Utilities

  • Central Air
  • Septic Tank

Community Details

  • Pitts Bay Shore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-2S-19-24080-00B-0300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,315

Year Built

Built in 2010

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 50x160
  • Co List Office Mls Id: EEXX
  • Co List Office Phone: 888-883-8509
  • Subdivision Name: PITTS BAY SHORE
  • Directions: 31 NORTH TURN RIGHT ON CTY RD 3280 AND RIGHT ON MCDANIEL'S FISHCAMP RD (EXXON ON THE CORNER) THEN RIGHT ON PITTS BAYSHORE DR AND RIGHT ONTO FORMBY; HOUSE IS DOWN ON LEFT
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2010
  • Remarks Misc:Remarks: Wonderful INVESTMENT OPPORTUNITY in Walton County. A short drive to the beautiful Beaches of 30A, this is your chance to own an affordable piece of paradise in the heart of Freeport. This well-built property, constructed in 2010, is a perfect canvas for your vision. It features a master bedroom on the main floor for convenient living. Enjoy the southern charm of this home from your very own oversized front porch - the ideal spot to relax, sip a cold beverage, and enjoy the Florida sunshine. A detached lawn shed provides ample storage space for your outdoor equipment and tools. With some tender loving care and a little renovation, this house can be transformed into an absolute gem. The tile floor in the main living area is a promising start to your dream project. Act now and make it yours!
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Utilities:Septic Tank: Yes
  • Rooms:Family Room: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Master Bedroom:First: Yes

Exterior Features

  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Public Water, Septic Tank

Schools

  • Elementary School: Freeport
  • High School: Freeport
  • Middle Or Junior School: Freeport

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 02-2S-19-24080-00B-0300
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1315.25
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Jan 23, 2024
Sold by
Bought by
Seller's Agent
Victoria Davis
EXP Realty LLC
Buyer's Agent
Abbott Martin Group
EXP Realty LLC
List Price
$324,999
Sold Price
$299,000
Premium/Discount to List
-$25,999
-8%
Views
109
Current Estimated Value
$305,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,879
Avg. Annual Appreciation
0.95%
Original Mortgage
$293,584
Outstanding Balance
$287,899
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$17,980
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$299,000 Southern Coast Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $293,584
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/23/2024 01/23/24 Sold $299,000 -0.3% $181 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
11/15/2023 11/15/23 Price Changed $299,900 -4.8% $182 / Sq Ft
10/21/2023 10/21/23 Price Changed $314,999 -3.1% $191 / Sq Ft
10/12/2023 10/12/23 For Sale $324,999 -- $197 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,359 $193,162 $25,000 $168,162
2024 $1,420 $180,246 $9,275 $170,971
2023 $1,420 $138,605 $0 $0
2022 $1,315 $163,485 $10,295 $153,190
2021 $1,126 $120,192 $5,379 $114,813
2020 $1,037 $104,136 $4,644 $99,492
2019 $1,012 $102,001 $4,509 $97,492
2018 $982 $98,350 $0 $0
2017 $979 $97,649 $4,250 $93,399
2016 $970 $95,619 $0 $0
2015 $956 $92,573 $0 $0
2014 $978 $93,456 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2024

    Victoria Davis

    EXP Realty LLC

    (850) 699-1293

    3 in this area

    135 Total Sales

    Victoria Davis
    Section Image

  • R

    Seller Co-Listing Agent in 2024

    RED

    EXP Realty LLC

  • Abbott Martin Group

    Buyer's Agent in 2024

    Abbott Martin Group

    EXP Realty LLC

    (850) 460-2900

    50 in this area

    999 Total Sales

    Abbott Martin Group
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 934469

Emerald Coast Association of REALTORS®

APN: 02-2S-19-24080-00B-0300

Florida Walton County Freeport 32439

47 Formby St, Freeport, FL

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.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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