NOT LISTED FOR SALE

502 U S 98 Mexico Beach, FL 32456

Estimated Value: $393,000 - $656,887

2 Beds
1 Bath
630 Sq Ft
$838/Sq Ft Est. Value

Last Sold January 30, 2013

Last sale price $230,000 $365 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $3,457/month

Highlights

  • Private Beach
  • Florida Architecture
  • Living Room
  • Gulf View
  • No HOA
  • Asbestos

About This Home

As of January 2013

Small Florida cottage that has fire damage. Sits on a 50 x 150 lot directly across from dedicated beach with a completely unobstructed Gulf view.

Last Agent to Sell the Property

Sally Childs

Sundance Realty License #666212 Listed on: 01/21/2013

Last Buyer's Agent

Sally Childs

Sundance Realty License #666212 Listed on: 01/21/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Property fronts a state road
  • Private Beach
  • Level Lot

Home Design

  • Florida Architecture
  • Fixer Upper
  • Asbestos

Interior Spaces

  • 630 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Gulf Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 6 Parking Spaces
  • Driveway
  • Open Parking

Utilities

  • No Cooling
  • No Heating
  • Natural Gas Connected
  • Water Tap Fee Is Paid
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2-7-1
  • Assessor Parcel Number 04291000000

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Directions: Property is in between 4th and 5th St. on Hwy. 98 in Mexico Beach
  • Prop. Type: Residential
  • Building Stories: 1
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.1722
  • Lot Size: 50 x 150
  • Road Frontage Type: State Road
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 1
  • Property Attached Yn: No
  • Year Built: 1955
  • NAV22_ResortRentalYN: No
  • NAV22_Room3Name: Kitchen
  • NAV22_Room2Name: Living Room
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room1Name: Master Bath
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: None
  • Furnished: Unfurnished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 630

Exterior Features

  • Exterior Features: Needs Work
  • Lot Features: Aerials/Topo Available, Dedicated Beach, Level, Sidewalks
  • Pool Features: None
  • Pool Private: No
  • View: Gulf, 1st Tier Gulf, Water
  • View: Yes
  • Waterfront: No
  • Construction Type: Asbestos
  • Property Condition: Needs Work, Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 6

Utilities

  • Cooling: None
  • Heating: None
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Tap Fee Paid, City Trash
  • Cooling Y N: No
  • Heating Yn: No
  • Water Source: Public, Tap Fee Paid

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7500
  • Additional Parcels: No
  • Parcel #: 04291000000
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Lot: 2-7-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2013
Closed on
Jan 30, 2013
Sold by
Rich David M and Rich Elizabeth H
Bought by
Holland Phyllis G and Holland Michael L
Seller's Agent
Sally Childs
Sundance Realty
Buyer's Agent
Sally Childs
Sundance Realty
List Price
$350,000
Sold Price
$230,000
Premium/Discount to List
-$120,000
-34.29%
Current Estimated Value
$535,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,820
Avg. Annual Appreciation
6.64%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Holland Phyllis G $230,000 Atgf
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2013 01/30/13 Sold $230,000 -34.3% $365 / Sq Ft
01/21/2013 01/21/13 Pending -- -- --
01/21/2013 01/21/13 For Sale $350,000 -- $556 / 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 $7,901 $472,352 -- --
2023 $7,901 $527,824 $448,250 $79,574
2022 $6,751 $390,374 $0 $0
2021 $6,253 $354,885 $0 $0
2020 $6,037 $326,806 $270,000 $56,806
2019 $4,412 $240,000 $240,000 $0
2018 $4,738 $271,874 $0 $0
2017 $4,224 $258,108 $0 $0
2016 $4,105 $248,108 $0 $0
2015 $3,233 $192,305 $0 $0
2014 $2,938 $174,823 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Sally Childs

    Sundance Realty

    (850) 899-4175

    83 in this area

    170 Total Sales

    Sally Childs
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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 248609

Forgotten Coast REALTOR® Association

APN: 04291-000-000

Florida Bay County Mexico Beach 32456

502 U S 98, Mexico Beach, FL

Not Listed for Sale

Detached

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.

Forgotten Coast REALTOR® Association Property information provided by the FCRA MLS – a service of the Forgotten Coast REALTOR® Association.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.

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