NOT LISTED FOR SALE

616 E Gorrie Dr Eastpoint, FL 32328

Estimated Value: $1,976,000 - $2,571,000

5 Beds
4.5 Baths
3,300 Sq Ft
$700/Sq Ft Est. Value

Last Sold February 26, 2013

Last sale price $810,000 $245 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $13,531/month

107 Days on Market

Highlights

  • Beach Front
  • Resort Property
  • Custom Home
  • In Ground Pool
  • Gulf View
  • Deck

About This Home

As of February 2013

This remarkable Gulf Front home provides the best of everything for laid back Island living. 5BR/4.1BA custom built home complete with a gourmet kitchen, granite countertops, elevator, a wet bar and upscale furnishings. Enjoy the in- ground 18'X 36' pool and your private boardwalk. Call today to view this spectacular property.

Last Agent to Sell the Property

Travis Stanley

Fickling & Company License #612433 Listed on: 09/21/2012

Last Buyer's Agent

Travis Stanley

Fickling & Company License #612433 Listed on: 09/21/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150
  • Beach Front
  • Property fronts gulf or ocean
  • Coastal Setback
  • Partially Fenced Property
  • Level Lot

Home Design

  • Custom Home
  • Fixer Upper
  • Piling Construction
  • Stucco

Interior Spaces

  • 3,300 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Area
  • Tile Flooring
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Oven
  • Microwave
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Soaking Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Covered Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck

Location

  • Flood Insurance May Be Required

Utilities

  • Central Air
  • Aerobic Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Resort Property
  • Gulf Beaches Units 1 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2909S06W7312000A0030

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Directions: Heading East on East Gorrie Drive, subject is 3rd house on Right past 6th Street.
  • Prop. Type: Residential
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 0.3444
  • Lot Size: 100 x 150
  • Road Frontage Type: County Road
  • Subdivision Name: Gulf Beaches Units 1-5
  • Architectural Style: Custom
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built: 2005
  • NAV22_Room4Name: Half Bath
  • NAV22_Room10Name: Master Bedroom
  • NAV22_ResortRentalYN: Yes
  • NAV22_Room8Name: Additional Bedroom
  • NAV22_Room3Name: Full Bath
  • NAV22_Room7Name: Master Bedroom
  • NAV22_Room13Name: Full Bath
  • NAV22_Room2Name: Kitchen
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room6Name: Dining Area
  • NAV22_Room12Name: Full Bath
  • NAV22_Room1Name: Full Bath
  • NAV22_Room5Name: Living Room
  • NAV22_Room11Name: Master Bedroom
  • NAV22_Room9Name: Additional Bedroom
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Microwave, Oven, Refrigerator
  • Furnished: Furnished
  • Interior Amenities: Breakfast Bar, Crown Molding, Ceiling Raised, Elevator, Recessed Lighting, Wet Bar
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Tile
  • Living Area: 3300
  • Window Features: Window Treatment Some, Double Pane Windows
  • Master Bathroom Features: Tile Counters, Soaking Tub

Exterior Features

  • Exterior Features: Needs Work, Shore Beach
  • Lot Features: Coastal Setback, Flood Insurance Required, Level, Subdivided, Within 1/2 Mile of Water, Improved Lot
  • Fencing: Partial
  • Pool Features: In Ground, None
  • Pool Private: No
  • View: Gulf, Water
  • View: Yes
  • Waterfront Features: Gulf, Waterfront
  • Waterfront: Yes
  • Construction Type: Stucco
  • Foundation Details: Pilings
  • Patio And Porch Features: Balcony, Deck
  • Property Condition: Needs Work, Construction Complete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered, See Remarks
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Electric, Other
  • Sewer: Aerobic Septic
  • Utilities: Cable Available, Electricity Connected
  • Cooling Y N: Yes
  • Water Source: Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 15000
  • Additional Parcels: No
  • Parcel #: 2909S06W7312000A0030
  • Zoning Description: Residential Single Family
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2012
Closed on
Feb 21, 2013
Sold by
Cadence Bank Na
Bought by
Seymour Booker Terry and Seymour Terry Booker
Seller's Agent
Travis Stanley
Fickling & Company
Buyer's Agent
Travis Stanley
Fickling & Company
List Price
$995,000
Sold Price
$810,000
Premium/Discount to List
-$185,000
-18.59%
Current Estimated Value
$2,309,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,499,377
Avg. Annual Appreciation
8.50%
Original Mortgage
$417,000
Outstanding Balance
$280,343
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,029,034

Purchase Details

Closed on
Jan 14, 2005
Sold by
Sims Chude
Bought by
Galloway Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,375,000
Interest Rate
6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 22, 2004
Sold by
Twm Holdings Llc
Bought by
Claude Sims and Claude Clint Cothran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,763,800
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2004
Sold by
Twm Holdings Llc
Bought by
Claude Sims and Claude Clint Cothran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,763,800
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2002
Sold by
Sineath James B
Bought by
Twm Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2001
Sold by
Anne Taiser and Anne John Clark
Bought by
Sineath James B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Seymour Booker Terry $810,000 Attorney
Galloway Jeffrey S $2,500,000 Seaside Title Services Inc
Claude Sims $1,250,000 First American Title Ins Co
Claude Sims $1,250,000 First American Title Ins Co
Twm Holdings Llc $700,000 Dodd Title Company Inc
Sineath James B $565,000 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seymour Booker Terry $417,000
Previous Owner Galloway Jeffrey S $2,375,000
Previous Owner Claude Sims $1,763,800
Previous Owner Claude Sims $1,763,800
Previous Owner Twm Holdings Llc $455,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2013 02/26/13 Sold $810,000 -18.6% $245 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
09/21/2012 09/21/12 For Sale $995,000 -- $302 / 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 $17,186 $2,151,841 $1,230,000 $921,841
2024 $16,978 $2,252,290 $1,225,000 $1,027,290
2023 $16,183 $2,082,556 $1,225,000 $857,556
2021 $11,578 $1,088,025 $585,000 $503,025
2020 $11,536 $1,018,609 $540,000 $478,609
2019 $11,438 $1,025,135 $540,000 $485,135
2018 $10,605 $858,062 $0 $0
2017 $10,562 $858,062 $0 $0
2016 $10,579 $866,961 $0 $0
2015 $10,019 $816,961 $0 $0
2014 $8,827 $711,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 247998

Forgotten Coast REALTOR® Association

APN: 29-09S-06W-7312-000A-0030