NOT LISTED FOR SALE

520 Ohio Ave Lynn Haven, FL 32444

Estimated Value: $1,145,284

-- Bed
-- Bath
7,130 Sq Ft
$161/Sq Ft Est. Value

Last Sold September 03, 2015

Last sale price $625,000 $88 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $7,292/month

606 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • A. Crawford Mosley High School Rated A-
  • Community Storage Space

About This Home

As of September 2015

MOTIVATED SELLER! Endless possibilities abound for this building which used to be Gibbs Marine...300 FRONT FEET ON OHIO AVENUE and the CORNER OF 5TH STREET in the heart of Lynn Haven offer high visibility! Over 7,130 square feet including several offices and a warehouse plus upstairs storage. Also included is 300 FRONT FEET on FLORIDA AVENUE which is vacant and zoned mixed use. The entire property is also chain-link fenced. Lots 1-13 (Ohio Ave)Lots 20-32 (Florida Ave) Age, SF and sizes are approximate. Please verify if important.

Last Agent to Sell the Property

Cheryl Wright

Coldwell Banker Realty License #3059224 Listed on: 06/25/2013

Coldwell Banker Realty

Co-Listed By

John Wray

Coldwell Banker Realty License #3004828

Last Buyer's Agent

Faye Evans Head

Berkshire Hathaway Home Services Beach Properties of Florida

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,203

Year Built

  • Built in 1974

Lot Details

  • Property fronts a highway
  • Zoning described as General Commercial,Other - See Remarks

Home Design

  • Steel Frame

Interior Spaces

  • 1-Story Property

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • Lynn Haven Subdivision

Amenities

  • Community Storage Space

Property Details

Property Type

Other

Est. Annual Taxes

$13,203

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1974
  • Property Sub Type: Other
  • Road Frontage Type: Highway, State Road
  • Co List Office Mls Id: BSA2
  • Co List Office Phone: (850) 234-6696
  • Subdivision Name: Lynn Haven
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: CommercialSale
  • Property Sub Type Additional: Other
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Possible Use: Other

Exterior Features

  • Construction Type: Block, Other, Steel Frame, See Remarks

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Cooling: Central Air, Electric
  • Heating: Central, Electric, Multiple Heating Units
  • Green Building Features: Office, Other, Public Restrooms, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other, Storage Facilities, See Remarks
  • Association: No

Lot Info

  • Zoning Description: General Commercial,Other - See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2013
Closed on
Sep 3, 2015
Sold by
Gibbens M L and Gibbens Paulette V
Bought by
Ace Home & Garden Of Lynn Haven Llc
Seller's Agent
Cheryl Wright
Coldwell Banker Realty
Buyer's Agent
Faye Evans Head
Berkshire Hathaway Home Services Beach Properties of Florida
List Price
$1,499,000
Sold Price
$625,000
Premium/Discount to List
-$874,000
-58.31%
Current Estimated Value
$1,145,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,284
Avg. Annual Appreciation
6.24%
Original Mortgage
$614,101
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 2014
Sold by
Gibbens M L and Gibbens Paulette V
Bought by
Gibbens M L and Gibbens Paulette
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
Ace Home & Garden Of Lynn Haven Llc $625,000 Cornerstone Title Agency Inc
Gibbens M L -- Attorney
Gibbens M L -- None Available
Gibbens M L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ace Home & Garden Center Of Lynn Haven L $491,279
Closed Ace Home & Garden Of Lynn Haven Llc $508,000
Closed Trinity Bank & Ace Home & Garden Of Lynn $614,101
Closed Trinity Bank & Ace Home & Garden Of Lynn $514,101
Closed Ace Home & Garden Of Lynn Haven Llc $617,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $625,000 -- --
09/03/2015 09/03/15 Sold $625,000 -58.3% $88 / Sq Ft
02/21/2015 02/21/15 Pending -- -- --
06/25/2013 06/25/13 For Sale $1,499,000 -- $210 / Sq Ft
Source: Central Panhandle Association 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
2024 $13,203 $784,830 $590,204 $194,626
2023 $13,203 $784,830 $590,204 $194,626
2022 $12,845 $816,530 $590,204 $226,326
2021 $12,897 $800,678 $590,204 $210,474
2020 $11,519 $771,261 $531,525 $239,736
2019 $8,773 $604,333 $437,976 $166,357
2018 $10,315 $702,096 $0 $0
2017 $7,615 $510,677 $0 $0
2016 $7,944 $520,524 $0 $0
2015 $8,170 $520,524 $0 $0
2014 $8,418 $536,936 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Wright

    Seller's Agent in 2015

    Cheryl Wright

    Coldwell Banker Realty

    (850) 238-6082

    39 Total Sales

    Cheryl Wright
    Section Image

  • J

    Seller Co-Listing Agent in 2015

    John Wray

    Coldwell Banker Realty

    Section Image

  • F

    Buyer's Agent in 2015

    Faye Evans Head

    Berkshire Hathaway Home Services Beach Properties of Florida

  • F

    Buyer's Agent in 2015

    Faye. Ftom There Head

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (850) 252-4160

    1 Total Sale

    Faye. Ftom There Head
    Section Image

  • F

    Buyer's Agent in 2015

    Faye Head

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (850) 832-1331

    3 Total Sales

    Faye Head
    Section Image
See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 610385

Central Panhandle Association of REALTORS®

APN: 09263-000-000

Florida Bay County Lynn Haven 32444

520 Ohio Ave, Lynn Haven, FL

This home is located at 520 Ohio Ave, Lynn Haven, FL 32444 since 25 June 2013 and is currently estimated at $1,145,284, approximately $160 per square foot. This property was built in 1974. 520 Ohio Ave is a home located in Bay County with nearby schools including Lynn Haven Elementary School, Mowat Middle School, and A. Crawford Mosley High School.

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.

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

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