NOT LISTED FOR SALE

49 Top Sail Way Rd Panacea, FL 32346

Estimated Value: $1,171,817 - $1,348,000

3 Beds
3.5 Baths
3,103 Sq Ft
$408/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2023

Last sale price $1,335,000 $430 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $8,045 / mo

187 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Gulf View
  • Open Floorplan
  • Concrete Pool
  • Gated Community
  • Cape Cod Architecture

About This Home

As of June 2023

Includes parcel 08-6S-01W-302-04863-C01 (adjacent lot and boat slip #9). This custom waterfront home boasts the most breathtaking views of the Ochlockonee Bay, the Gulf of Mexico and Bald Point State Park from multiple decks, a huge screened porch and spacious patios. Enjoy all the gated community of Tradewinds has to offer...club house, community pool and hot tub, deep water canal, and fishing prier. Includes covered boat slips #8 and #9 with boat lifts just steps away. Two of the 3 ensuite bedrooms open up to the screened porch. The top floor features panoramic views, vaulted ceilings, crown molding, a wood burning fire place (with a dumb waiter to bring up your wood), open concept kitchen with custom cabinetry, concrete countertops, bar seating, dining area, walk in pantry and several seating nooks. The bonus room could be used as office, gym, or 4th bedroom and has direct access to half bath. All floors accessible by elevator.

Last Agent to Sell the Property

Katherine Hansli Searcy

The Naumann Group Real Estate License #3269756 Listed on: 11/26/2022

The Naumann Group Real Estate

Co-Listed By

Jason Naumann

The Naumann Group Real Estate License #642623

Last Buyer's Agent

ERIC SMALLRIDGE

Proper Real Estate Advisors License #3344472

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • 8,712 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Property fronts a private road

HOA Fees

  • $253 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Cape Cod Architecture
  • Cottage
  • Siding

Interior Spaces

  • 3,103 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family or Dining Combination
  • Home Office
  • Bonus Room
  • Utility Room
  • Utility Room Outside
  • Gulf Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Concrete Pool
  • Deck
  • Covered Patio or Porch

Schools

  • Medart Elementary School
  • Riversprings-Wakulla Middle School
  • Wakulla High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 12129-08-6S-01W-302-04863-A16

Community Details

Overview

  • Association fees include common area, community pool, club house amenities
  • Tradewinds Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

8,712 Sq Ft Lot

HOA Fees

$253 per month

Listing Details

  • Class: Residential
  • Lot: 16
  • Miscellaneous: 9 + Foot Ceilings, Cathedral/Vault/Tray, Deck, Gated Community, Patio, Shower Stall, Some Items Excluded, Tub - Jetted
  • Road Frontage Type: Maint - Private
  • Sold Price Per Sq Ft: 430.23
  • Style Exterior: Cape Cod, Cottage
  • Subdivision: Tradewinds
  • Tax Database Id: 9
  • Tax Item Number: 08-6S-01W-302-04863-A16
  • Type: Detached Single Family
  • Waterfront: Yes
  • L V T Date: 11/30/2022
  • Street Designation: Way
  • Number Of Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Estimated Sq Ft: 3103
  • Year Built: 2010
  • Directions: Hway 98 to Mashes Sands Road to Tradewinds sub on the Right
  • Elementary School: MEDART
  • Geo Longitude: -84.35296
  • High School: WAKULLA
  • Middle School: Riversprings-Wakulla
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Equipment: Dishwasher, Dryer, Microwave, Refrigerator w/Ice, Washer, Range/Oven
  • Fireplace: Yes
  • Floor Plan: Story - Two MBR Down, Elevator
  • Living Area Description: Combo Family Rm/DiningRm, Kitchen with Bar, Kitchen - Eat In, Open Floor Plan
  • Master Bedroom Dim: 15x15
  • Other Room Description: Office/Gym/4th bedroom
  • Other Room Dim: 23x14
  • Other Rooms: Pantry, Porch - Covered, Study/Office, Utility Room - Inside, Utility Room - Outside, Walk-in Closet, Bonus Room

Exterior Features

  • Construction: Siding - Fiber Cement
  • Frontageview: Bay Frontage, Canal Frontage, Gulf View
  • Pool: Concrete, Community
  • Number Of Acres: 0.2

Garage/Parking

  • Garage: Carport - 2 Car

Utilities

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

Condo/Co-op/Association

  • Fee Includes: Common Area, Community Pool, Club House Amenities
  • Home Owner Feeannual: 3030

Lot Info

  • Lot Dimensions: 74x117x75x109
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 12129-08-6S-01W-302-04863-A16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2022
Closed on
Jun 30, 2023
Sold by
Smith Rankin M and Smith Angela Jill
Bought by
Bascom Andrew and Bascom Amber
Seller's Agent
Katherine Hansli Searcy
The Naumann Group Real Estate
Buyer's Agent
ERIC SMALLRIDGE
Proper Real Estate Advisors
List Price
$1,600,000
Sold Price
$1,335,000
Premium/Discount to List
-$265,000
-16.56%
Views
122
Current Estimated Value
$1,264,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$70,046
Avg. Annual Appreciation
-1.91%
Original Mortgage
$937,500
Outstanding Balance
$909,417
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$355,537

Purchase Details

Listed on
Nov 18, 2016
Closed on
Apr 7, 2017
Sold by
Mayfield William and Mayfield Barbara Ann
Bought by
Smith Rankin M and Smith Angela Jill
Seller's Agent
Pandora Schlitt
Naumann Group Real Estate, Inc. - SGI
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$725,000
Sold Price
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.30%

Purchase Details

Closed on
Dec 15, 2009
Sold by
Nelson Terry C
Bought by
Mayfield William and Mayfield Barbara Ann
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Bascom Andrew $1,250,000 Peacock Title
Smith Rankin M $725,000 Attorney
Mayfield William $215,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bascom Andrew $937,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2023 06/30/23 Sold $1,335,000 -16.6% $430 / Sq Ft
12/01/2022 12/01/22 For Sale $1,600,000 +120.7% $516 / Sq Ft
04/07/2017 04/07/17 Sold $725,000 0.0% $234 / Sq Ft View Prior Sale
03/06/2017 03/06/17 Pending -- -- --
11/19/2016 11/19/16 For Sale $725,000 -- $234 / 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 $12,952 $934,621 $206,250 $728,371
2024 $14,991 $1,094,471 $222,500 $871,971
2023 $11,832 $675,038 $0 $0
2022 $9,091 $664,187 $175,000 $489,187
2021 $8,246 $562,955 $150,000 $412,955
2020 $7,072 $483,441 $110,000 $373,441
2019 $6,863 $459,475 $110,000 $349,475
2018 $6,398 $423,415 $110,000 $313,415
2017 $6,110 $396,993 $0 $0
2016 -- $298,692 $0 $0
2015 -- $296,657 $0 $0
2014 $4,630 $294,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Naumann

    Seller Co-Listing Agent in 2023

    Jason Naumann

    The Naumann Group

    (850) 933-0328

    232 Total Sales

    Jason Naumann
    Section Image
  • ERIC SMALLRIDGE

    Buyer's Agent in 2023

    ERIC SMALLRIDGE

    Proper Real Estate Advisors

    (850) 591-2922

    144 Total Sales

    ERIC SMALLRIDGE
    Section Image
  • Pandora Schlitt

    Seller's Agent in 2017

    Pandora Schlitt

    Naumann Group Real Estate, Inc. - SGI

    (850) 799-1230

    147 Total Sales

    Pandora Schlitt
    Section Image

  • N

    Buyer's Agent in 2017

    Nonmember Nonmember

    Nonmember Office

See All Agents

Map

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

MLS Number: 353353

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

APN: 08-6S-01W-302-04863-A16

Florida Wakulla County Panacea 32346

49 Top Sail Way Rd, Panacea, FL

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