NOT LISTED FOR SALE

555 Martin Luther King Dr Chipley, FL 32428

Estimated Value: $73,000 - $133,000

3 Beds
2 Baths
1,332 Sq Ft
$78/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $43,500 $33 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $664/month

24 Days on Market

Highlights

  • Country Style Home
  • No HOA
  • Under Construction
  • Corner Lot
  • Living Room
  • 1-Story Property

About This Home

As of November 2019

Great Investment Opportunity! This 3/2 home has been taken down to the studs and rehab has begun, with new subfloor, plumbing, insulation and electrical updates. Home is still in need of repair but would make a great rental or primary residence. Property is located inside the city limits.

Last Agent to Sell the Property

Seamus O'neill

SOUTHERN WAY REALTY, INC. License #3249238 Listed on: 10/04/2019

Last Buyer's Agent

SEAMUS O'Neill

Bay County - Unknown Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $243

Year Built

  • Built in 1951 | Under Construction

Lot Details

  • 6,578 Sq Ft Lot
  • Lot Dimensions are 99 x 65 x 99 x 66
  • Corner Lot
  • Cleared Lot

Parking

  • Driveway

Home Design

  • Country Style Home
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,332 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Kate M. Smith Elementary School
  • Roulhac Middle School
  • Chipley High School

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$243

Year Built

Built in 1951 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Property Sub Type: Detached
  • Lot Size Acres: 0.15
  • Lot Size: 99 x 65 x 99 x 66
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Country
  • 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

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1332.0
  • Dining Room Type: Bedroom, Kitchen, Laundry, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No
  • Property Condition: Under Construction
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected
  • Cooling: Other, See Remarks

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Roulhac

Lot Info

  • Lot Features: Cleared, Corner Lot
  • Lot Size Sq Ft: 6578.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 243.0
  • Tax Year: 2018

MLS Schools

  • Elementary School: Kate M. Smith
  • High School: Chipley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2025
Sold by
New Story Ministries Inc
Bought by
Grace Fellowship Christian Church Inc
Current Estimated Value
$104,106

Purchase Details

Closed on
Dec 18, 2020
Sold by
Brown Charles Ronald and Brown Ashley Lynn
Bought by
New Story Ministries Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,500
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Oct 4, 2019
Closed on
Nov 8, 2019
Sold by
Weshinskey Wayne and Weshinskey Barbara
Bought by
Brown Charles Ronald and Brown Ashley Lynn Brady
Seller's Agent
Seamus O'neill
SOUTHERN WAY REALTY, INC.
Buyer's Agent
SEAMUS O'Neill
Bay County - Unknown Office
List Price
$49,999
Sold Price
$43,500
Premium/Discount to List
-$6,499
-13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.24%
Original Mortgage
$36,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2010
Sold by
Trammell Bryan and Trammell Christine
Bought by
Peoples Bank Of Graceville
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
Grace Fellowship Christian Church Inc $100 None Listed On Document
New Story Ministries Inc $59,900 Northwest Title Group Llc
Brown Charles Ronald $43,500 Northwest Title Group Llc
Peoples Bank Of Graceville $181,300 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner New Story Ministries Inc $36,500
Previous Owner Brown Charles Ronald $36,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $26,000 -- --
06/20/2022 06/20/22 Off Market $5,000 -- --
06/20/2022 06/20/22 Off Market $43,500 -- --
11/08/2019 11/08/19 Sold $43,500 -13.0% $33 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $49,999 +92.3% $38 / Sq Ft
10/31/2018 10/31/18 Sold $26,000 -35.0% $20 / Sq Ft
10/07/2018 10/07/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $39,999 +700.0% $30 / Sq Ft
02/05/2015 02/05/15 Sold $5,000 -63.0% $4 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
06/23/2014 06/23/14 For Sale $13,500 -- $10 / 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 $1,167 $64,677 $4,950 $59,727
2023 $1,050 $49,623 $0 $0
2022 $955 $48,687 $3,630 $45,057
2021 $866 $41,011 $3,630 $37,381
2020 $718 $33,841 $3,630 $30,211
2019 $571 $26,251 $3,630 $22,621
2018 $243 $10,888 $3,630 $7,258
2017 $246 $10,719 $3,630 $7,089
2016 $247 $10,635 $0 $0
2015 $251 $10,635 $0 $0
2014 -- $23,072 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 689385

Central Panhandle Association of REALTORS®

APN: 00000000-00-2676-0000