NOT LISTED FOR SALE

614 U S 98 Mexico Beach, FL 32456

Estimated Value: $647,000 - $2,293,069

3 Beds
2 Baths
1,566 Sq Ft
$1,006/Sq Ft Est. Value

Last Sold November 06, 2014

Last sale price $450,000 $287 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $9,825/month

123 Days on Market

Highlights

  • Gulf View
  • Beach House
  • Great Room
  • 0.34 Acre Lot
  • Sun or Florida Room
  • No HOA

About This Home

As of November 2014

This charming block construction beach cottage faces the gulf of Mexico in a prime Mexico Beach location, Forever unobstructed views of the beach and Gulf of Mexico. X flood zone helps keep insurance costs lower. 3 comfortable sized bedrooms, 2 baths, large open floor plan. Awesome front porch / sun room. Home sits on 2 lots for a total of 100' feet of frontage on Hwy 98. Beach access boardwalk just across the highway. Speed limit on this section of Hwy 98 is 35mph. If you are looking for a cottage to put your own touch to, this is it. Plenty of room to add to the floor plan or add a great pool. With the right touches this could be a great rental.

Last Buyer's Agent

Patrick Jones

NAI Talcor License #3080180

NAI Talcor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,600

Year Built

  • Built in 1976

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150 x 100
  • Property fronts a highway
  • Zoning described as City

Home Design

  • Beach House

Interior Spaces

  • 1,566 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Sun or Florida Room
  • Storage
  • Gulf Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Carport

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Community Sewer or Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04319000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,600

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Directions: Heading east on Hwy 98 home on left. Look for sign.
  • Prop. Type: Residential
  • Building Stories: 1
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.34
  • Lot Size: 100 x 150 x 100
  • Road Frontage Type: City Street, Highway
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Beach House
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: 1
  • Property Attached Yn: No
  • Year Built: 1976
  • NAV22_Room4Name: Master Bedroom
  • NAV22_ResortRentalYN: No
  • NAV22_Room8Name: Full Bath
  • NAV22_Room3Name: Great Room
  • NAV22_Room7Name: Full Bath
  • NAV22_Room2Name: Other
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room6Name: Additional Bedroom
  • NAV22_Room1Name: Sunroom
  • NAV22_Room5Name: Additional Bedroom
  • NAV22_Room9Name: Carport
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1566

Exterior Features

  • Lot Features: Sidewalks
  • Pool Features: None
  • Pool Private: No
  • View: Water, 1st Tier Gulf
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Covered Porch
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • Total Parking Spaces: 2

Utilities

  • Cooling: Wall/Window Unit(s)
  • Sewer: Community Sewer
  • Cooling Y N: Yes
  • Water Source: Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Additional Parcels: No
  • Parcel #: 04319000000
  • Zoning Description: City
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 5600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2014
Closed on
Nov 6, 2014
Sold by
Holley Frances S and Holley James D
Bought by
Dilallo Nicholas P and Dilallo Theresa A
Buyer's Agent
Patrick Jones
NAI Talcor
List Price
$485,000
Sold Price
$450,000
Premium/Discount to List
-$35,000
-7.22%
Current Estimated Value
$1,576,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,126,023
Avg. Annual Appreciation
11.81%
Original Mortgage
$350,000
Interest Rate
4.26%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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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
Dilallo Nicholas P $450,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dilallo Nicholas P $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2014 11/06/14 Sold $450,000 -7.2% $287 / Sq Ft
09/20/2014 09/20/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $485,000 -- $310 / 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 $19,691 $1,255,172 -- --
2024 $19,581 $1,219,798 -- --
2023 $19,581 $1,184,270 $0 $0
2022 $18,467 $1,149,777 $0 $0
2021 $18,820 $1,116,288 $0 $0
2020 $19,232 $1,074,013 $540,000 $534,013
2019 $8,825 $480,000 $480,000 $0
2018 $6,959 $428,400 $0 $0
2017 $6,545 $400,000 $0 $0
2016 $7,391 $446,681 $0 $0
2015 $7,478 $447,200 $0 $0
2014 $6,717 $394,062 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 251894

Forgotten Coast REALTOR® Association

APN: 04319-000-000