NOT LISTED FOR SALE

505 W 7th St Carrabelle, FL 32322

Estimated Value: $175,000 - $297,000

3 Beds
2 Baths
1,092 Sq Ft
$206/Sq Ft Est. Value

Last Sold April 04, 2014

Last sale price $62,000 $57 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $1,418/month

92 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Interior Lot
  • Great Room
  • Porch
  • Tile Flooring

About This Home

As of April 2014

Bank owned! Cute 3 BR 2 BA home located down town Carrabelle would make a good starter or winter home. The marina and river nearby and a short drive to the beach.

Last Buyer's Agent

Patty Lee

Sea Crest Real Estate, Inc. License #3160854

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $766

Year Built

  • Built in 2002

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Interior Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,092 Sq Ft Home
  • Great Room
  • Range Hood

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • Picketts Add Subdivision

Listing and Financial Details

  • Tax Lot 3-E--
  • Assessor Parcel Number 2007S04W42300E130030

Home Details

Home Type

Single Family

Est. Annual Taxes

$766

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Directions: Hwy 98 to 7th St home on the left
  • Prop. Type: Residential
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.1148
  • Lot Size: 50 x 100
  • Road Surface Type: Paved
  • Subdivision Name: Picketts Add
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built: 2002
  • NAV22_Room4Name: Additional Bedroom
  • NAV22_ResortRentalYN: No
  • NAV22_Room3Name: Master Bedroom
  • NAV22_Room2Name: Kitchen
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room1Name: Great Room
  • NAV22_Room5Name: Additional Bedroom
  • Special Features: None

Interior Features

  • Appliances: Range Hood, None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile, Carpet
  • Living Area: 1092

Exterior Features

  • Lot Features: Interior Lot, Subdivided, Within 1/2 Mile of Water
  • Other Structures: Storage
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Electric
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 5000
  • Additional Parcels: No
  • Parcel #: 2007S04W42300E130030
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 766
  • Tax Lot: 3-E--

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2013
Closed on
Mar 26, 2014
Sold by
Us Bank National Association
Bought by
Mcgovern Jason
Buyer's Agent
Patty Lee
Sea Crest Real Estate, Inc.
List Price
$65,000
Sold Price
$62,000
Premium/Discount to List
-$3,000
-4.62%
Current Estimated Value
$224,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,899
Avg. Annual Appreciation
11.92%

Purchase Details

Closed on
Sep 30, 2013
Sold by
Kraeft Nelson H and Kraeft Nancy R
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jul 31, 2006
Sold by
Kraeft Nancy R
Bought by
Kraeft Nelson H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6.68%
Mortgage Type
Unknown
Source: Public Records

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
Mcgovern Jason $62,000 Servicelink Llc
Us Bank National Association -- Servicelink Llc
Citimortgage Inc -- None Available
Kraeft Nelson H -- North State Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kraeft Nelson H $126,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2014 04/04/14 Sold $62,000 -4.6% $57 / Sq Ft
02/27/2014 02/27/14 Pending -- -- --
11/26/2013 11/26/13 For Sale $65,000 -- $60 / 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 $2,700 $186,997 $14,000 $172,997
2023 $2,453 $156,197 $14,000 $142,197
2021 $2,249 $118,732 $12,600 $106,132
2020 $2,306 $113,956 $12,600 $101,356
2019 $2,280 $110,999 $8,960 $102,039
2018 $2,151 $101,252 $0 $0
2017 $1,542 $72,732 $0 $0
2016 $1,549 $74,291 $0 $0
2015 $1,406 $66,493 $0 $0
2014 $1,681 $78,991 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 250693

Forgotten Coast REALTOR® Association

APN: 20-07S-04W-4230-0E13-0030