NOT LISTED FOR SALE

Estimated Value: $250,000 - $583,540

2 Beds
1 Bath
775 Sq Ft
$591/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $375,000 $484 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,102/month

323 Days on Market

Highlights

  • Gulf View
  • Florida Architecture
  • Front Porch
  • 50 Acre Lot
  • No HOA
  • Central Heating and Cooling System

About This Home

As of February 2019

Rare opportunity to own 50' GULF FRONT from the highest bluff on Mexico Beach. Unique property and last of it's kind. Nostalgic, beach cottage lovingly maintained by three generations of the same family; 2 bedroom, 1 bath with original old forest heart pine walls and ceilings throughout. Sunny, glassed-in front porch. Ready to move in and relax. Shady thicket of old Florida oaks in front yard. 12/14/18 NEW 30 YEAR ARCHITECTURAL SHINGLE ROOF

Last Buyer's Agent

Nonmember Nonmember

Nonmember Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 50 Acre Lot
  • Property fronts a highway
  • Back Yard Fenced
  • Level Lot
  • Cleared Lot
  • Zoning described as City

Parking

  • 4 Parking Spaces

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 775 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Combination Dining and Living Room
  • Gulf Views
  • Electric Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom
  • Shower Only

Outdoor Features

  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04206000000

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

50 Acres

Listing Details

  • Directions: Hwy. 98, Mexico Beach. Turn on Sea St. and then turn onto Magnolia Dr.
  • Prop. Type: Residential
  • Building Stories: 1
  • Property Sub Type: Detached Single Family
  • Lot Size Acres: 50
  • Lot Size: 50' x 150' EACH
  • Road Frontage Type: City Street, County Road, Highway
  • Road Surface Type: Paved
  • Co List Office Mls Id: 214
  • Co List Office Phone: 850-648-5777
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 1
  • Property Attached Yn: No
  • Year Built: 1950
  • NAV22_Room4Name: Dining/Living Combo
  • NAV22_ResortRentalYN: No
  • NAV22_Room3Name: Full Bath
  • NAV22_Room2Name: Additional Bedroom
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room1Name: Master Bedroom
  • NAV22_Room5Name: Kitchen
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Refrigerator, Electric Oven, Electric Water Heater
  • Furnished: Partially
  • Interior Amenities: Shelving, Split Bedroom
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 775
  • Master Bathroom Features: Shower Only

Exterior Features

  • Lot Features: Cleared, Level, Within 1/2 Mile of Water
  • Roof: Shingle
  • Fencing: Back Yard
  • Pool Features: None
  • Pool Private: No
  • View: Water, Gulf
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch
  • Property Condition: Construction Complete

Garage/Parking

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

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, City Trash
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 2178000
  • Additional Parcels: No
  • Parcel #: 04206000000
  • Zoning Description: City
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2018
Closed on
Jan 5, 2019
Sold by
62 Highway 98 Llc
Bought by
T & C Investments Llc
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$415,000
Sold Price
$375,000
Premium/Discount to List
-$40,000
-9.64%
Current Estimated Value
$457,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,885
Avg. Annual Appreciation
2.84%

Purchase Details

Closed on
Nov 18, 2004
Sold by
Mcgehee Terry Sims and Mcgehee Shelley Susan
Bought by
62 Highway 98 Llc

Purchase Details

Closed on
Nov 17, 2004
Sold by
Mcgehee Terry Sims
Bought by
Mcgehee Terry Sims and Mcgehee Shelley Susan
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
T & C Investments Llc $375,000 Attorney
62 Highway 98 Llc -- --
Mcgehee Terry Sims -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2019 02/08/19 Sold $375,000 -9.6% $484 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
02/20/2018 02/20/18 For Sale $415,000 -- $535 / Sq Ft
Source: Forgotten Coast REALTOR® Association

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 $7,868 $502,835 -- --
2024 $7,588 $457,123 -- --
2023 $7,588 $500,233 $448,250 $51,983
2022 $6,467 $377,787 $0 $0
2021 $6,029 $343,442 $0 $0
2020 $5,813 $311,947 $270,000 $41,947
2019 $4,582 $246,148 $240,000 $6,148
2018 $4,295 $244,396 $0 $0
2017 $3,771 $230,458 $0 $0
2016 $3,652 $220,720 $0 $0
2015 $3,641 $214,734 $0 $0
2014 $3,329 $195,213 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 261229

Forgotten Coast REALTOR® Association

APN: 04206-000-000

Your Personal Tour Guide

Ask me questions while you tour the home.