NOT LISTED FOR SALE

Estimated Value: $260,531 - $352,000

2 Beds
2 Baths
1,200 Sq Ft
$248/Sq Ft Est. Value

Last Sold February 05, 2016

Last sale price $110,000 $92 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $1,760/month

5 Days on Market

Highlights

  • No HOA
  • Porch
  • Patio
  • Patronis Elementary School Rated A-
  • Window Unit Cooling System
  • Living Room

About This Home

As of February 2016

Investment opportunity. By far the lowest priced multi-family property on the beach. Each side is 1BR/1Ba. Ample parking and large lot. Located on a quiet side street just off of Thomas Dr. Close to the action yet away from the noise. Unit B has been occupied by same tenant for 4 years. New carpet and paint in Unit A and only vacant because owner isn't offering it for rent in case new owner wants to occupy that side. Owner states that duplex has been fully occupied for many years. LEASE INFO: Now vacant side was last leased for $600/mo. Current tenant has been there for 4 years and pays $500 mo. (never raised rent) Landlord pays $90/qtr for garbage, $40 per trip for lawn service, $8/mo to Gulf Power for security light. All other utilities are tenant responsibility.

Last Agent to Sell the Property

Jason Smoker

Counts Real Estate Group Inc License #3108335 Listed on: 01/18/2016

Counts Real Estate Group Inc

Last Buyer's Agent

Donna Stokes

RE/MAX Real Estate Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,103

Year Built

  • Built in 1985

Lot Details

  • 9,017

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Additional Features

  • Lot Dimensions are 82x110
  • Window Unit Cooling System

Community Details

  • No Home Owners Association
  • Treasure Cove Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,103

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Duplex
  • Lot Size: 82x110
  • Road Surface Type: Paved
  • Subdivision Name: Treasure Cove
  • Architectural Style: Duplex
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1200.0
  • Dining Room Type: Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Wood Siding
  • Patio And Porch Features: Open, Porch
  • Roof: Composition, Shingle

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Unfurnished
  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1103.0
  • Tax Year: 2015

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2020
Sold by
Riggs Investmrent Properties Llc
Bought by
Griswold Benjamin Charles
Current Estimated Value
$290,573

Purchase Details

Listed on
Jan 18, 2016
Closed on
Mar 8, 2016
Sold by
Riggs Steven J and Riggs Rusti S
Bought by
Riggs Investment Properties Llc
Seller's Agent
Jason Smoker
Counts Real Estate Group Inc
Buyer's Agent
Donna Stokes
RE/MAX Real Estate Center
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%

Purchase Details

Listed on
Jan 18, 2016
Closed on
Feb 5, 2016
Sold by
Corley Tom
Bought by
Riggs Steven J
Seller's Agent
Jason Smoker
Counts Real Estate Group Inc
Buyer's Agent
Donna Stokes
RE/MAX Real Estate Center
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%
Source: Public Records

Range of Values:

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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
Griswold Benjamin Charles $165,000 Mti Title Insurance Agcy Inc
Riggs Investment Properties Llc -- None Available
Riggs Steven J $110,000 Diamond Title Agency Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Off Market $110,000 -- --
02/05/2016 02/05/16 Sold $110,000 -4.3% $92 / Sq Ft
01/23/2016 01/23/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $115,000 -- $96 / Sq Ft
Source: Central Panhandle Association of REALTORS®

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
2024 $2,029 $157,594 $85,280 $72,314
2023 $2,029 $155,898 $81,527 $74,371
2022 $1,734 $146,427 $79,480 $66,947
2021 $1,667 $135,653 $68,820 $66,833
2020 $1,387 $110,757 $50,571 $60,186
2019 $1,416 $108,474 $46,733 $61,741
2018 $1,362 $100,123 $0 $0
2017 $1,227 $91,021 $0 $0
2016 $1,128 $81,647 $0 $0
2015 $1,103 $77,483 $0 $0
2014 $1,130 $79,691 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 639488

Central Panhandle Association of REALTORS®

APN: 31053-000-000