NOT LISTED FOR SALE

527 Georgetown Shortcut Rd Crescent City, FL 32112

Estimated Value: $504,000 - $600,000

0.92 Acre
$598,517 Price per Acre
40,075 Sq Ft Lot

Last Sold August 12, 2021

Last sale price $60,000

Est. 857% increase in value since last sale

Current estimated payment $3,891/month

333 Days on Market

Highlights

  • Airport or Runway
  • Community Boat Launch
  • 0.92 Acre Lot

About This Lot

As of August 2021

Runway front lot in the private fly-in community of Eagles Nest Aerodrome. This community features a 3200 ft. lighted and irrigated turf runway and a 3100 ft. seaplane base with ramp for amphibious aircraft on Lake Estella. Homes in the community sell in the $400K range. Sellers has architectural design plans for a Frank Lloyd Wright Hanger Home that are approved by the HOA already for this lot. It is also located in the Bass Capital of the World! Fly in and fish. Easy commute to Jacksonville and St. Augustine. There is also a 3100 Ft seaplane base with ramp. This community is in a great location between the St Johns River and Lake Crescent. So when you aren't flying you can fish, go for a boat ride, on the famous St Johns River and enjoy all this area has to offer!!

Last Agent to Sell the Property

MATHEW SMITH

UNITED REAL ESTATE GALLERY License #3377387 Listed on: 08/23/2020

Last Buyer's Agent

MATHEW SMITH

UNITED REAL ESTATE GALLERY License #3377387 Listed on: 08/23/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,943

Lot Details

  • 0.92 Acre Lot
  • Cleared Lot

HOA Fees

  • $100 Monthly HOA Fees

Utilities

  • Water Not Available
  • Well
  • Septic Tank
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 301227219500000210

Community Details

Overview

  • Eagles Nest Subdivision

Amenities

  • Airport or Runway

Recreation

  • Community Boat Launch

Property Details

Property Type

Land

Est. Annual Taxes

$7,943

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.92
  • Road Surface Type: Asphalt
  • Subdivision Name: Eagles Nest
  • General Property Information Waterfront YN: No
  • Water Source Well: Yes
  • Lot Features Airport Community: Yes
  • Association Amenities AirportRunway: Yes
  • General Property Information Lot Size Acres: 0.92
  • Utilities Electricity Available: Yes
  • Utilities Sewer Not Available: Yes
  • Utilities Water Not Available: Yes
  • Special Features: None

Exterior Features

  • Waterfront: No
  • Lot Features: Airport Community, Cleared, Other
  • View: Water
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Electricity Available, Sewer Not Available, Water Not Available
  • Sewer: Septic Tank
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Monthly
  • Amenities: Airport/Runway, Boat Launch
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 100.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Boat Launch: Yes

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 40075.2
  • Parcel #: 301227219500000210
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2020
Closed on
Aug 6, 2021
Sold by
Elves Robert G
Bought by
Gilson Ronald and Gilson Donna
Seller's Agent
MATHEW SMITH
UNITED REAL ESTATE GALLERY
Buyer's Agent
MATHEW SMITH
UNITED REAL ESTATE GALLERY
List Price
$149,990
Sold Price
$60,000
Premium/Discount to List
-$89,990
-60%
Current Estimated Value
$574,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,307
Avg. Annual Appreciation
73.81%

Purchase Details

Listed on
Nov 11, 2018
Closed on
Dec 12, 2018
Sold by
Barreto Paul K and Barreto Maureen Ann
Bought by
Elves Robert G
Seller's Agent
Laura Allen
TEAM FLORIDA REALTY SERVICES INC
Buyer's Agent
NON MLS
NON MLS
List Price
$50,000
Sold Price
$48,500
Premium/Discount to List
-$1,500
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%

Purchase Details

Closed on
May 31, 2007
Sold by
Prevo David L and Prevo Donna M
Bought by
Barreto Paul K and Barreto Maureen Ann

Purchase Details

Closed on
Feb 3, 2004
Sold by
Elliott William A
Bought by
Prevo David L and Prevo Donna M

Purchase Details

Closed on
Feb 22, 2002
Sold by
Garber David S
Bought by
Elliott William A
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
Gilson Ronald $60,000 Golden Dog Title & Trust
Elves Robert G $48,500 Gullett Title Inc
Barreto Paul K $100,000 Associated Land Title Group
Prevo David L $76,000 Palatka Abstract & Title Gua
Elliott William A $20,800 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $60,000 -- --
12/17/2023 12/17/23 Off Market $48,500 -- --
08/12/2021 08/12/21 Sold $60,000 -60.0% --
07/22/2021 07/22/21 Pending -- -- --
08/23/2020 08/23/20 For Sale $149,990 +209.3% --
12/12/2018 12/12/18 Sold $48,500 -3.0% --
12/05/2018 12/05/18 Pending -- -- --
11/11/2018 11/11/18 For Sale $50,000 -- --
Source: realMLS (Northeast Florida Multiple Listing Service)

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 $7,943 $518,130 -- --
2023 $8,138 $527,540 $41,400 $486,140
2022 $665 $41,400 $41,400 $0
2021 $679 $41,400 $0 $0
2020 $690 $41,400 $0 $0
2019 $696 $41,400 $41,400 $0
2018 $787 $46,000 $46,000 $0
2017 $810 $46,000 $46,000 $0
2016 $795 $46,000 $0 $0
2015 $800 $46,000 $0 $0
2014 $790 $46,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1011412

realMLS (Northeast Florida Multiple Listing Service)

APN: 30-12-27-2195-0000-0210