NOT LISTED FOR SALE

5 River Cove Panacea, FL 32346

Estimated Value: $485,908 - $647,000

3 Beds
2 Baths
1,680 Sq Ft
$329/Sq Ft Est. Value

Last Sold August 24, 2015

Last sale price $250,000 $149 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $3,268/month

225 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Covered Patio or Porch
  • Breakfast Bar
  • Deck
  • Walk-In Closet
  • 1-Story Property

About This Home

As of August 2015

Perfect Coastal Getaway, 1 hr from Tallahassee. Incredible Bay view off of the main living space and master bdrm. Storm shutters across front; Freshly painted inside and out. Party Deck in water view yard; Set up for large family and/or lots of friends. Long rocking chair porch overlooking bay; Deep water dock. Property has been rented to same individuals for last 4 years now vacant and well maintained. Come experience magnificent sunrises and sunsets. Reduced by motivated sellers

Last Agent to Sell the Property

Gail Mobley-loveless

Roberts & Co. Real Estate Svcs License #3161386 Listed on: 12/08/2014

Last Buyer's Agent

Joi Hope

Florida Big Bend Realty, Inc. License #3283083

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 0.4 Acre Lot
  • Property Fronts a Bay or Harbor
  • Fenced
  • Unpaved Streets

Parking

  • 3 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Utility Room Outside
  • Carpet
  • Bay Views

Kitchen

  • Breakfast Bar
  • Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Medart Elementary School
  • Wakulla Middle School
  • Wakulla High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • River Bend Subdivision

Listing and Financial Details

  • Legal Lot and Block 32 / D
  • Assessor Parcel Number 12129-03-6S-02W-036-03851-032

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Lot: 32
  • Miscellaneous: Deck, Fenced, Some Wind Treatments
  • Road Frontage Type: Maint - Gvt., Unpaved
  • Sold Price Per Sq Ft: 148.81
  • Subdivision: River Bend
  • Tax Database Id: 9
  • Tax Item Number: 036S02W03603851032
  • Type: Detached Single Family
  • Waterfront: Yes
  • Street Designation: Cove
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1680
  • Year Built: 1980
  • Directions: 319S to 98W, RT on Surf Rd, just before the bridge, 3 miles River Rd on LT
  • Elementary School: MEDART
  • Geo Longitude: -84.426254
  • High School: WAKULLA
  • Middle School: WAKULLA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet
  • Equipment: Dishwasher, Disposal, Dryer, Oven(s), Washer
  • Floor Plan: Story - One
  • Kitchen Dim: 10x10
  • Living Area Description: Kitchen with Bar, Combo Living Rm/DiningRm
  • Master Bedroom Dim: 16x12
  • Other Room Dim: 16x12
  • Other Rooms: Porch - Covered, Utility Room - Outside, Walk-in Closet

Exterior Features

  • Construction: Siding-Wood
  • Frontageview: Bay Frontage, Bay View
  • Number Of Acres: 0.4

Garage/Parking

  • Garage: Garage - 3+ Car

Utilities

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

Lot Info

  • Lot Dimensions: 80x200
  • Geo Subdivision: FL

Tax Info

  • Taxes: 5000
  • Assessor Parcel Number: 12129-03-6S-02W-036-03851-032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2014
Closed on
Aug 24, 2015
Sold by
Vasilinda Michael D and Rehwinkel Michelle M
Bought by
Mcmasters Scott and Mcmasters Kimberly C
Seller's Agent
Gail Mobley-loveless
Roberts & Co. Real Estate Svcs
Buyer's Agent
Joi Hope
Florida Big Bend Realty, Inc.
List Price
$289,000
Sold Price
$250,000
Premium/Discount to List
-$39,000
-13.49%
Current Estimated Value
$553,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,477
Avg. Annual Appreciation
7.96%
Original Mortgage
$225,000
Outstanding Balance
$117,358
Interest Rate
6.5%
Mortgage Type
Seller Take Back
Estimated Equity
$436,119

Purchase Details

Closed on
Aug 30, 2001
Sold by
Brewer Darrell Richard and Brewer Katrinka
Bought by
Vasilinda Michael D and Rehwinkel Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.02%
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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Purchase History

Date Buyer Sale Price Title Company
Mcmasters Scott $250,000 Tallahassee Title Group Llc
Vasilinda Michael D $250,000 Woodlands Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmasters Scott $225,000
Previous Owner Vasilinda Michael D $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2015 08/24/15 Sold $250,000 -13.5% $149 / Sq Ft
07/21/2015 07/21/15 Pending -- -- --
12/08/2014 12/08/14 For Sale $289,000 -- $172 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board 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
2025 $4,485 $340,571 -- --
2024 $4,318 $330,973 $145,000 $185,973
2023 $4,762 $362,871 $0 $0
2022 $4,345 $329,466 $80,000 $249,466
2021 $4,074 $309,449 $80,000 $229,449
2020 $3,789 $300,666 $80,000 $220,666
2019 $3,457 $276,704 $80,000 $196,704
2018 $2,624 $161,605 $80,000 $81,605
2017 $2,580 $156,006 $0 $0
2016 $2,680 $153,601 $0 $0
2015 $2,777 $152,393 $0 $0
2014 $2,879 $153,652 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Gail Mobley-loveless

    Roberts & Co. Real Estate Svcs

    Section Image

  • J

    Buyer's Agent in 2015

    Joi Hope

    Florida Big Bend Realty, Inc.

    Section Image
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Map

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

MLS Number: 252077

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

APN: 03-6S-02W-036-03851-032

Florida Wakulla County Panacea 32346

5 River Cove, Panacea, FL

Not Listed for Sale

Detached

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