NOT LISTED FOR SALE

502 U S 98 Mexico Beach, FL 32456

Estimated Value: $393,000 - $688,790

2 Beds
1 Bath
630 Sq Ft
$852/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 $3,440/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

7,500 Sq Ft Lot

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
$536,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,948
Avg. Annual Appreciation
6.71%
Source: Public Records
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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

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 $8,186 $519,036 -- --
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

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 248609

Forgotten Coast REALTOR® Association

APN: 04291-000-000

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