NOT LISTED FOR SALE

481 Adams St Laurel Hill, FL 32567

Estimated Value: $136,000 - $284,000

4 Beds
2 Baths
2,430 Sq Ft
$76/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $47,500 $20 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $1,059/month

36 Days on Market

Highlights

  • Wooded Lot
  • Fireplace
  • Living Room
  • Traditional Architecture
  • Woodwork
  • Painted or Stained Flooring

About This Home

As of December 2017

You absolutely do not want to miss this REO opportunity! This home is large, with 4 bedrooms and 2 baths. Sitting at over 2400sf, this cinderblock home was built in 1975. Home has large fireplace, paneled walls in living, kitchen and family room. Kitchen is open and laundry is indoors. At over 8 acres, this home is a must have at this price point alone. Home will not qualify for most financing so look to either pay cash or use FHA 203k rehab loan to make this purchase. A fantastic opportunity and a must see.

Last Listed By

Cosmo Spellings

Assurance Realty of NWFL LLC License #3113695 Listed on: 11/02/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $486

Year Built

  • Built in 1975

Lot Details

  • 8.6 Acre Lot
  • Lot Dimensions are 600x660
  • Property fronts a county road
  • Partially Fenced Property
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Off Grade Structure
  • Metal Roof
  • Wood Trim

Interior Spaces

  • 2,430 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Paneling
  • Fireplace
  • Living Room
  • Painted or Stained Flooring
  • Exterior Washer Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Schools

  • Paxton Elementary And Middle School
  • Paxton High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 35-6N-21-40000-041-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$486

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 8.6
  • Lot Size: 600x660
  • Road Frontage Type: County Road
  • Subdivision Name: None
  • Directions: Hwy 331 N towards Paxton. Turn left onto Hwy 147 W. Turn right onto Adams St. Home will be on the left.
  • Architectural Style: Traditional
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1975
  • Utilities Electric: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Fireplace, Split Bedroom, Walls Paneled, Washer/Dryer Hookup, Window Treatmnt Some, Woodwork Painted, Woodwork Stained

Exterior Features

  • Lot Features: Within 1/2 Mile to Water, Wooded
  • Construction Type: Brick, Foundation Off Grade, Roof Metal, Trim Wood
  • Exterior Features: Fenced Lot-Part
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Wooded: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Brick: Yes
  • ConstructionSiding:Trim Wood: Yes
  • ConstructionSiding:Foundation Off Grade: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water

Schools

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

Lot Info

  • Lot Size Sq Ft: 374616.0
  • Parcel #: 35-6N-21-40000-041-0000
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2019
Sold by
Walsh Phillip
Bought by
Holdsworth Michael and Holdsworth Sharon M
Total Days on Market
36
Current Estimated Value
$183,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,500
Outstanding Balance
$79,650
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$104,104

Purchase Details

Listed on
Nov 2, 2017
Closed on
Dec 15, 2017
Sold by
Mtglq Investers Lp
Bought by
Walsh Phillip
Seller's Agent
Cosmo Spellings
Assurance Realty of NWFL LLC
Buyer's Agent
Cosmo Spellings
Assurance Realty of NWFL LLC
List Price
$47,500
Sold Price
$47,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.15%

Purchase Details

Closed on
Jun 22, 2017
Sold by
Burlison Jeffrey D and Burlison Jennifer F
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Mar 20, 2007
Sold by
Cardin Delores Burlison
Bought by
Roddenberry Diane Burlison and Burlison Marion D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.18%
Mortgage Type
Unknown

Range of Values:

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Average Value
Not Available
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
Holdsworth Michael $89,500 Mitchell Land & Title Inc
Walsh Phillip $47,500 Buyers Title Inc
Mtglq Investors Lp $51,000 Attorney
Roddenberry Diane Burlison $80,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holdsworth Michael $89,500
Previous Owner Burlison Jeffrey D $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2017 12/22/17 Sold $47,500 0.0% $20 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
11/02/2017 11/02/17 For Sale $47,500 -- $20 / Sq Ft
Source: Emerald Coast Association 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 $486 $94,406 -- --
2023 $486 $91,656 $0 $0
2022 $513 $88,986 $0 $0
2021 $516 $86,394 $0 $0
2020 $522 $85,201 $14,400 $70,801
2019 $504 $83,096 $14,400 $68,696
2018 $837 $82,667 $0 $0
2017 $495 $81,582 $0 $0
2016 $493 $80,835 $0 $0
2015 $497 $80,273 $0 $0
2014 $589 $81,217 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Emerald Coast Association of REALTORS®

MLS Number: 785981

Emerald Coast Association of REALTORS®

APN: 35-6N-21-40000-041-0000