NOT LISTED FOR SALE

587 7th St Chipley, FL 32428

Estimated Value: $124,000 - $152,000

3 Beds
1.5 Baths
1,350 Sq Ft
$101/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $50,000 $37 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $876/month

19 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • 1-Story Property
  • Corner Lot

About This Home

As of January 2022

This REO home is being sold occupied and strictly as is. Located in the heart of Chipley and close to I-10 and other amenities. Built in 1973, this 3 bedroom 1.5 bath home is located on a corner lot, with lots of potential. Cash sale only. DO NOT DISTURB OCCUPANTS.

Last Agent to Sell the Property

Cosmo Spellings

Assurance Realty of NWFL LLC License #3113695 Listed on: 11/26/2021

Last Buyer's Agent

Cosmo Spellings

Assurance Realty of NWFL LLC License #3113695 Listed on: 11/26/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,901

Year Built

  • Built in 1973

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 71x125
  • Corner Lot
  • Property is zoned City

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Bonifay Elementary And Middle School
  • Holmes Co High School

Listing and Financial Details

  • Assessor Parcel Number 00000000-00-2765-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,901

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 71x125
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: Hwy 90 to North onto Martin Luther King Dr. Follow to left onto Glenwood Ave. Turn left onto 7th Ave. Home is on the Corner of Glenwood and 7th
  • Architectural Style: Traditional
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1973
  • Utilities Electric: Yes
  • Utilities:Public Water: Yes
  • Rooms:Living Room: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Lot Features: Corner
  • Construction Type: Brick
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Brick: Yes
  • Lot Features:Corner: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Utilities: Electric, Public Water

Schools

  • Elementary School: Bonifay (HC)
  • High School: Holmes Co (HC)
  • Middle Or Junior School: Bonifay (HC)

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 00000000-00-2765-0000
  • Zoning: City
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2021
Closed on
Jan 1, 2022
Sold by
Farmers Home Administration
Bought by
Semaj Investments Llc
Seller's Agent
Cosmo Spellings
Assurance Realty of NWFL LLC
Buyer's Agent
Cosmo Spellings
Assurance Realty of NWFL LLC
List Price
$50,000
Sold Price
$50,000
Current Estimated Value
$136,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,976
Avg. Annual Appreciation
30.55%

Purchase Details

Closed on
Feb 24, 2019
Sold by
Waker Joseph M and Waker Cindy S
Bought by
Department Of Agriculture and Farmers Home Administration
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
Semaj Investments Llc $50,000 None Listed On Document
Department Of Agriculture -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $50,000 0.0% $37 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
11/26/2021 11/26/21 For Sale $50,000 -- $37 / Sq Ft
Source: Emerald Coast 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 $1,901 $99,178 $5,940 $93,238
2023 $1,746 $84,563 $5,940 $78,623
2022 $0 $75,903 $4,356 $71,547
2021 $0 $63,992 $4,356 $59,636
2020 $0 $53,458 $4,356 $49,102
2019 $1,108 $50,909 $4,356 $46,553
2018 $1,088 $48,811 $4,356 $44,455
2017 $533 $48,247 $0 $0
2016 $517 $47,255 $0 $0
2015 $524 $47,255 $0 $0
2014 -- $47,255 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 886473

Emerald Coast Association of REALTORS®

APN: 00000000-00-2765-0000