NOT LISTED FOR SALE

604 U S 98 Mexico Beach, FL 32456

Estimated Value: $825,000 - $878,208

3 Beds
3 Baths
2,084 Sq Ft
$413/Sq Ft Est. Value

Last Sold June 21, 2013

Last sale price $335,000 $161 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $5,266/month

16 Days on Market

Highlights

  • Beach
  • Covered Deck
  • No HOA
  • Gulf View
  • Country Style Home
  • 4 Car Attached Garage

About This Home

As of June 2013

Great price on a foreclosure located across the street from the dedicated beach in Mexico Beach. This home has tons of potential and you can't be the location and unobstructed Gulf views. There are 3 bedrooms and 3 full baths along with a 2nd living room and an attached 2 car garage. This home could make a great family beach house and vacation rental.

Last Agent to Sell the Property

Zach Childs

98 Real Estate Group, LLC License #3153944 Listed on: 05/10/2013

Last Buyer's Agent

Zach Childs

98 Real Estate Group, LLC License #3153944 Listed on: 05/10/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Property fronts a state road
  • Back Yard Fenced

Parking

  • 4 Car Attached Garage

Home Design

  • Country Style Home
  • Stucco

Interior Spaces

  • 2,084 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Gulf Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Covered Deck

Utilities

  • Central Air
  • Water Tap Fee Is Paid

Listing and Financial Details

  • Assessor Parcel Number 04315000000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Beach

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Directions: Located on Hwy 98 on the dedicated beach between 6th and 7th Street.
  • Prop. Type: Residential
  • Building Stories: 3
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.1722
  • Lot Size: 50 x 150
  • Road Frontage Type: City Street, State Road
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Country
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 3
  • Property Attached Yn: No
  • Year Built: 1983
  • NAV22_Room4Name: Master Bedroom
  • NAV22_ResortRentalYN: No
  • NAV22_Room3Name: Living Room
  • NAV22_Room2Name: Additional Bedroom
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room1Name: Family Room
  • NAV22_Room5Name: Additional Bedroom
  • Special Features: 1028
  • Stories: 3

Interior Features

  • Appliances: Refrigerator
  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 2084

Exterior Features

  • Lot Features: Aerials/Topo Available
  • Fencing: Back Yard
  • Pool Features: None
  • Pool Private: No
  • View: Gulf, 1st Tier Gulf, Water
  • View: Yes
  • Waterfront: No
  • Construction Type: Stucco
  • Patio And Porch Features: Covered Deck, Deck
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Covered, Garage Attached
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Electric
  • Sewer: Public Sewer
  • Utilities: Tap Fee Paid, City Trash
  • Cooling Y N: Yes
  • Water Source: Public, Tap Fee Paid

Condo/Co-op/Association

  • Community Features: Beach, Beach Community
  • Association: No

Lot Info

  • Lot Size Sq Ft: 7500
  • Additional Parcels: No
  • Parcel #: 04315000000
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2013
Closed on
May 31, 2013
Sold by
Wells Fargo Bank Na
Bought by
Sapp Joseph M
Seller's Agent
Zach Childs
98 Real Estate Group, LLC
Buyer's Agent
Zach Childs
98 Real Estate Group, LLC
List Price
$315,000
Sold Price
$335,000
Premium/Discount to List
$20,000
6.35%
Current Estimated Value
$861,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,052
Avg. Annual Appreciation
7.77%
Original Mortgage
$268,000
Outstanding Balance
$188,383
Interest Rate
3.53%
Mortgage Type
Balloon
Estimated Equity
$672,669

Purchase Details

Listed on
May 10, 2013
Closed on
Apr 30, 2013
Sold by
Wilder James C
Bought by
Wells Fargo Bank Na
Seller's Agent
Zach Childs
98 Real Estate Group, LLC
Buyer's Agent
Zach Childs
98 Real Estate Group, LLC
List Price
$315,000
Sold Price
$335,000
Premium/Discount to List
$20,000
6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Outstanding Balance
$188,383
Interest Rate
3.53%
Mortgage Type
Balloon
Estimated Equity
$672,669
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
Sapp Joseph M $335,000 Genesis Title Company
Wells Fargo Bank Na $205,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sapp Joseph M $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2013 06/21/13 Sold $335,000 +6.3% $161 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
05/11/2013 05/11/13 For Sale $315,000 -- $151 / 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 $9,535 $604,150 -- --
2024 $9,212 $549,227 -- --
2023 $9,212 $499,297 $448,250 $170,057
2022 $7,915 $453,906 $0 $0
2021 $7,226 $412,642 $300,000 $112,642
2020 $5,785 $310,440 $270,000 $40,440
2019 $5,260 $282,563 $240,000 $42,563
2018 $6,100 $338,887 $0 $0
2017 $5,348 $326,811 $0 $0
2016 $5,170 $312,449 $0 $0
2015 $5,260 $314,553 $0 $0
2014 $4,986 $296,657 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 249351

Forgotten Coast REALTOR® Association

APN: 04315-000-000