NOT LISTED FOR SALE

5508 Timberlane Rd Bascom, FL 32423

Estimated Value: $299,000 - $352,623

4 Beds
3 Baths
3,354 Sq Ft
$97/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $250,000 $75 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,064/month

124 Days on Market

Highlights

  • No HOA
  • Double Oven
  • Fireplace
  • Home Office
  • Circular Driveway
  • Multiple cooling system units

About This Home

As of March 2021

This four bedroom home is very spacious and sits on over two acres. Enter the circle drive and see the large workshop, attached carport, and fruit trees. This home has plenty of space for everyone. The living room is oversized and is a great place for family gatherings. Home also features an office and craft room (with plenty of storage). Kitchen is spacious and has been updated- featuring new stainless appliances, white shaker cabinets, and a farm house style sink. New metal roof in 2019 and two central heat and air units replaced in 2015. This home is a must see!

Last Agent to Sell the Property

Cindy Birge

Elite Realty License #3055777 Listed on: 10/04/2020

Last Buyer's Agent

Rex Tyus

Bay County - Unknown Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $426

Year Built

  • Built in 1964

Lot Details

  • 2.24 Acre Lot

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 3,354 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Closed Circuit Camera

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Carport
  • Circular Driveway

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$426

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Property Sub Type: Detached
  • Lot Size Acres: 2.24
  • Lot Size: irregular
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Double Oven, Dishwasher, Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: Fireplace
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 3354.0
  • Dining Room Type: Bedroom, Dining Room, Living Room, Office
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No
  • Construction Type: Brick
  • Roof: Metal

Garage/Parking

  • Parking Features: Circular Driveway, Carport, Driveway
  • Garage: No

Utilities

  • Utilities: Septic Available, Water Available
  • Security Features: Closed Circuit Camera(s)
  • Cooling: Central Air, Electric, Multi Units
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 97574.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 426.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2020
Closed on
Mar 16, 2021
Sold by
Brown Rebecca S
Bought by
Evans Marty and Evans Cheryl K
Seller's Agent
Cindy Birge
Elite Realty
Buyer's Agent
Rex Tyus
Bay County - Unknown Office
List Price
$279,500
Sold Price
$250,000
Premium/Discount to List
-$29,500
-10.55%
Current Estimated Value
$323,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,906
Avg. Annual Appreciation
9.53%
Original Mortgage
$200,000
Outstanding Balance
$182,115
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$185,938
Source: Public Records

Range of Values:

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Average Value
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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
Evans Marty $250,000 Florida Land Title & Tr Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Marty $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $250,000 -- --
03/19/2021 03/19/21 Sold $250,000 -5.5% $75 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/19/2021 01/19/21 Price Changed $264,500 -1.9% $79 / Sq Ft
12/11/2020 12/11/20 Price Changed $269,500 -3.6% $80 / Sq Ft
10/04/2020 10/04/20 For Sale $279,500 -- $83 / 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 $3,065 $274,234 -- --
2023 $2,905 $266,247 $0 $0
2022 $2,697 $258,492 $12,320 $246,172
2021 $2,242 $174,781 $10,080 $164,701
2020 $1,015 $116,390 $10,080 $106,310
2019 $426 $63,446 $10,080 $53,366
2018 $716 $90,990 $10,080 $80,910
2017 $729 $91,805 $10,080 $81,725
2016 $727 $92,953 $10,080 $82,873
2015 $876 $101,918 $17,920 $83,998
2014 $883 $101,672 $17,920 $83,752
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 702787

Central Panhandle Association of REALTORS®

APN: 34-7N-08-0000-0050-0010