NOT LISTED FOR SALE

587 7th St Chipley, FL 32428

Chipley Area

Estimated Value: $150,241 - $174,000

3 Beds
1.5 Baths
1,350 Sq Ft
$123/Sq Ft Est. Value

Sale Details

Date Sold: January 14, 2022

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

Est. 233% increase in value since last sale

Current estimated payment $1,098 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

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

Year Built

Built in 1973

Lot Details

8,712 Sq Ft Lot

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
  • Remarks Misc:Remarks: 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.
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$166,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,310
Avg. Annual Appreciation
29.49%

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Chipley, FL

  • Ron Friesen Real Estate Agent - Beach Sunsets Inc

    Ron Friesen

    Responds Quickly

    Beach Sunsets Inc

    (850) 374-5235

    72 Total Sales

    1 in Chipley

    $300,000 Price

    Ron Friesen
     Section Image
  • Amanda Cialoni Real Estate Agent - Seashore Realty LLC

    Amanda Cialoni

    Seashore Realty LLC

    (850) 788-2793

    91 Total Sales

    1 in Chipley

    $145,000 Price

    Amanda Cialoni
     Section Image
  • Heather Fox Real Estate Agent - Beachy Beach Real Estate

    Heather Fox

    Beachy Beach Real Estate

    (850) 788-3718

    131 Total Sales

    4 in Chipley

    $50K - $255K Price Range

    Heather Fox
     Section Image
  • Tammy Elmore Snow Real Estate Agent - RC Real Estate Group

    Tammy Elmore Snow

    Responds Quickly

    RC Real Estate Group

    (239) 970-9968

    29 Total Sales

    1 in Chipley

    $650,000 Price

    Tammy Elmore Snow
     Section Image
  • MaryAnn Enfinger Real Estate Agent - Overstreet Realty

    MaryAnn Enfinger

    Overstreet Realty

    (850) 771-2185

    188 Total Sales

    5 in Chipley

    $46K - $247K Price Range

    MaryAnn Enfinger
     Section Image
  • Deborah Morton Real Estate Agent - Bay Living, Inc.

    Deborah Morton

    Responds Quickly

    Bay Living, Inc.

    (786) 901-7183

    315 Total Sales

    5 in Chipley

    $165K - $275K Price Range

    Deborah Morton
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$50,000 None Listed On Document
Department Of Agriculture -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $140,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,108 $104,495 $5,940 $98,555
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

  • Cosmo Spellings Real Estate Agent - Assurance Realty of NWFL LLC

    Seller's Agent in 2022

    Cosmo Spellings

    Assurance Realty of NWFL LLC

    (850) 699-1856

    278 Total Sales

    Cosmo Spellings
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 886473

Emerald Coast Association of REALTORS®

APN: 00000000-00-2765-0000

Florida Washington County Chipley 32428

587 7th St, Chipley, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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