NOT LISTED FOR SALE

564 River Rd Carrabelle, FL 32322

Estimated Value: $249,000

0.39 Acre
$637,971 Price per Acre
17,001 Sq Ft Lot

Last Sold October 05, 2018

Last sale price $62,551 $79 Per Sq Ft

Est. 298% increase in value since last sale

Current estimated payment $1,422/month

28 Days on Market

About This Lot

As of October 2018

Build your riverfront home and enjoy living on the water north of Carrabelle in the Florida panhandle on the Gulf of Mexico. This riverfront lot has wonderful views and good water access. The area is beautiful and quiet. Damaged dock; buyer will need to get permits to rebuild. Estimated water depth around 8 ft. The property has an old structure onsite that is not salvageable or habitable. Sold AS IS only. Offered and priced as vacant lot. Buyer should survey to verify size and dimensions.

Last Agent to Sell the Property

Spohrer Price Ray Team

Berkshire Hathaway HomeServices - SGI License #3424392 Listed on: 05/16/2018

Berkshire Hathaway HomeServices - SGI

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $950

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 100 x 170
  • River Front
  • Rural Setting
  • Zoning described as County,Residential Single Family

Utilities

  • Propane
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1807S04W000000400000

Property Details

Property Type

Land

Est. Annual Taxes

$950

Lot Details

0

Listing Details

  • Directions: Take River Rd from Hwy 98 just west of bridge, then right at Y onto River Rd, then right, again, just past Kapes Bayou. On left near end of paved road.
  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.3903
  • Lot Size: 100 x 170
  • Road Frontage Type: County Road
  • Subdivision Name: No Named Subdivision
  • Special Features: RealEstateOwned

Exterior Features

  • Lot Features: Boating Access, Rural Lot
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Disclosures: County Zoning

Utilities

  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available, Electricity Available, Propane, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 17000
  • Additional Parcels: No
  • Parcel #: 1807S04W000000400000
  • Zoning Description: County,Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 950

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Oct 4, 2018
Sold by
Suntrust Bank
Bought by
Walker Oliver William L and Walker Oliver Melanie
Seller's Agent
Spohrer Price Ray Team
Berkshire Hathaway HomeServices - SGI
List Price
$39,220
Sold Price
$62,551
Premium/Discount to List
$23,331
59.49%
Current Estimated Value
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,449
Avg. Annual Appreciation
20.96%

Purchase Details

Closed on
Feb 10, 2017
Sold by
Bittler Michael H and Cummings Vickie H
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Feb 1, 2017
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Apr 21, 2005
Sold by
Rosenau Jack Clayton
Bought by
Bittler Michael H and Cummings Vickie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walker Oliver William L $62,600 Stewart Title
Suntrust Mortgage Inc -- None Available
Suntrust Mortgage Inc $100 --
Bittler Michael H $600,000 Stewart Title Of Tallahassee
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bittler Michael H $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2018 10/05/18 Sold $62,551 +59.5% $79 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $39,220 -- $49 / 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
2025 $1,453 $181,562 $180,000 $1,562
2024 $1,197 $131,562 $130,000 $1,562
2023 $1,185 $131,562 $130,000 $1,562
2021 $1,170 $106,105 $85,000 $21,105
2020 $913 $76,842 $56,875 $19,967
2019 $939 $77,007 $56,875 $20,132
2018 $1,102 $86,154 $0 $0
2017 $1,000 $77,904 $0 $0
2016 $1,793 $198,328 $0 $0
2015 $1,401 $138,328 $0 $0
2014 $1,014 $78,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 262076

Forgotten Coast REALTOR® Association

APN: 18-07S-04W-0000-0040-0000