NOT LISTED FOR SALE

7 Blue Crab Ln Panacea, FL 32346

Estimated Value: $377,000 - $400,000

3 Beds
1.5 Baths
1,209 Sq Ft
$319/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $395,000 $327 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,189/month

59 Days on Market

Highlights

  • Spa
  • Home fronts a canal
  • Bamboo Flooring
  • Open Floorplan
  • Deck
  • Modern Architecture

About This Home

As of June 2024

Ready to go fishing?!! Brand new seawall!! Boat lift on new pilings. Water and electricity at dock to clean your catch. On canal, with access to the Gulf and rivers. Good fishing and scenic boating adventures await you! This coastal home has two floors. Upper level consists of two bedrooms, full bath, open plan. New central heat and air. New disposal in kitchen. Beautiful views from two newly screened porches. Lower level guest room/office/playroom with separate entrance, 1.5 bath is 273 square feet with heat and air provided by a wall unit. Hot tub right outside the door on deck. Outdoor shower with hot water on ground level. Separate storage area on this level provides a secure and dry space. Bike/pedestrian route, soon to be longest in Southeast, can be accessed immediately from house. Bike or walk to Mashes Sand Beach, 1/4 mile away. Enjoy the sunrises and calls of the seabirds as they fish for breakfast. Moonrises and starry nights just as beautiful. Tall garage to park your RV or boat. An additional room next to garage for potential workshop. There is also an elevator shaft to install an elevator from the ground to the top floor. Nature surrounds! St Marks National wildlife Refuge is only a 45 minute drive, with fantastic birdwatching in every season. Watch the spring and fall migrations. The setting for this house is peaceful. Get out your bird identifying apps and add to your list, early mornings and evenings, right from your porches. Enjoy outdoor grilling, moonrises over the trees. Your friends and family will be eager to join you!

Last Agent to Sell the Property

Susie Wilhelm

Shell Point Realty, Inc License #609413 Listed on: 03/01/2024

Last Buyer's Agent

Victoria Sachs

The Naumann Group Real Estate License #3366915

The Naumann Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,728

Year Built

  • Built in 1989

Lot Details

  • 9,583 Sq Ft Lot
  • Home fronts a canal

Parking

  • 1 Car Garage

Home Design

  • Modern Architecture
  • Wood Siding

Interior Spaces

  • 1,209 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Screened Porch
  • Bamboo Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck

Schools

  • Medart Elementary School
  • Wakulla Middle School
  • Wakulla High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Water Heater

Community Details

  • Panacea Shores Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 12129-08-6S-01W-029-04804-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,728

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential
  • Lot: 25
  • Miscellaneous: Deck, Tub - Hot, Shower Stall
  • Road Frontage Type: Maint - Gvt.
  • Sold Price Per Sq Ft: 326.72
  • Style Exterior: Modern/Contemporary
  • Subdivision: PANACEA SHORES
  • Subdivision Unit: 2
  • Tax Database Id: 9
  • Tax Item Number: 08-6S-01W-029-04804-000
  • Type: Detached Single Family
  • Waterfront: Yes
  • L V T Date: 03/01/2024
  • Street Designation: Lane
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1209
  • Year Built: 1989
  • Directions: Coastal Hwy/98 W to Mashes Sands. Head S on Mashes Sands then R on Blue Crab. Home on L.
  • Elementary School: MEDART
  • Geo Longitude: -84.349524
  • High School: WAKULLA
  • Middle School: WAKULLA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Bamboo
  • Equipment: Dishwasher, Disposal, Dryer, Refrigerator w/Ice, Washer, Range/Oven
  • Floor Plan: Story - Two MBR Up
  • Living Area Description: Open Floor Plan
  • Master Bedroom Dim: 12x11
  • Other Room Description: Two screened porches equal siz
  • Other Room Dim: 12x26
  • Other Rooms: Porch - Covered, Porch - Screened

Exterior Features

  • Construction: Siding-Wood
  • Frontageview: Canal Frontage
  • Number Of Acres: 0.22

Garage/Parking

  • Garage: Garage - 1 Car

Utilities

  • Heating: Central, Electric, Heat Pump
  • Cooling: Central, Electric, Fans - Ceiling, Window/Wall Unit
  • Water Heater: Electric
  • Utility Provider: DUKE: Electric, OTH: Local to County

Schools

  • Elementary School: MEDART
  • Middle School: WAKULLA
  • High School: WAKULLA

Lot Info

  • Lot Dimensions: 75x125x75x125
  • Geo Subdivision: FL

Tax Info

  • Taxes: 1620
  • Assessor Parcel Number: 12129-08-6S-01W-029-04804-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Jun 7, 2024
Sold by
Somera Raymond C and Somera Mary Ann
Bought by
Sachs Victoria C and Perez Kassandra
Seller's Agent
Susie Wilhelm
Shell Point Realty, Inc
Buyer's Agent
Victoria Sachs
The Naumann Group Real Estate
List Price
$429,000
Sold Price
$395,000
Premium/Discount to List
-$34,000
-7.93%
Views
75
Current Estimated Value
$385,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,307
Avg. Annual Appreciation
-1.75%
Original Mortgage
$316,000
Outstanding Balance
$312,119
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$73,574

Purchase Details

Closed on
Apr 10, 2003
Sold by
Wurster Waldemar and Wurster Elaine
Bought by
Somera Raymond C and Somera Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
5.62%
Source: Public Records

Range of Values:

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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
Sachs Victoria C $395,000 None Listed On Document
Sachs Victoria C $395,000 None Listed On Document
Somera Raymond C $262,000 Wakulla Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sachs Victoria C $316,000
Closed Sachs Victoria C $316,000
Previous Owner Somera Raymond C $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2024 06/07/24 Sold $395,000 -7.5% $327 / Sq Ft
04/23/2024 04/23/24 Price Changed $427,000 -0.5% $353 / Sq Ft
03/08/2024 03/08/24 For Sale $429,000 -- $355 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board 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 $1,728 $135,959 -- --
2023 $1,620 $127,405 $0 $0
2022 $1,514 $124,004 $0 $0
2021 $1,488 $120,392 $0 $0
2020 $1,420 $119,391 $0 $0
2019 $1,408 $116,707 $0 $0
2018 $1,385 $114,531 $0 $0
2017 $1,370 $112,175 $0 $0
2016 $1,397 $109,868 $0 $0
2015 $1,443 $109,104 $0 $0
2014 $1,471 $108,238 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

MLS Number: 369160

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

APN: 08-6S-01W-029-04804-000