NOT LISTED FOR SALE

7161 Wells Ave Navarre, FL 32566

Estimated Value: $428,000 - $641,274

3 Beds
2 Baths
2,000 Sq Ft
$262/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $630,000 $315 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $2,964/month

71 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Sun or Florida Room
  • Holley-Navarre Intermediate School Rated A-
  • 0.85 Acre Lot
  • Fireplace

About This Home

As of September 2023

Imagine waking up to the stunning views of East Bay every morning. Enjoy the peacefulness of the waterfront lifestyle, fishing, boating, or simply relaxing on your porch with a cup of coffee, watching the birds and marine wildlife.
This home sits on beautiful East Bay with 185 ft of waterfront property. The lot sits high and is almost an acre of land. On the property are HUGE oak trees that are out of a movie. With no HOA you can build a shop, garden or whatever else fits your lifestyle.
This home is priced to sell due to the home needing TLC on the inside IF YOU CHOOSE. Don't get me wrong, this home is completely livable and is able to carry a loan. Roof, HVAC, and windows have all been redone within the last couple of years.
The ARV according to the comparables are around 800K. We have already had Reef Runner come out and give a quote on some remodeling and can provide the quote. If you are a buyer that needs vision don't worry I can help!
Overall, this home is a great investment opportunity, with the potential for a high return on investment. Don't miss out on this chance to own a waterfront property in one of the most desirable areas of the Emerald Coast. Schedule a tour today and see for yourself all the potential this home has to offer.

Last Agent to Sell the Property

Tavia Dowden

Via Prime Properties LLC License #3539090 Listed on: 07/19/2023

Via Prime Properties LLC

Last Buyer's Agent

Ruth Schaeffer

Sea Breeze Realty & Property M License #697849

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,917

Year Built

  • Built in 1971

Lot Details

  • 0.85 Acre Lot
  • Lot Dimensions are 175x211
  • Property Fronts a Bay or Harbor
  • Property fronts a county road
  • Chain Link Fence
  • Property is zoned Horses Allowed, Resid Single Family

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Automatic Garage Door Opener

Home Design

  • Repairs Needed
  • Brick Exterior Construction
  • Composition Shingle Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Sun or Florida Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Holley-Navarre Elementary And Middle School
  • Navarre High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Docks
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number 38-1s-27-0000-00404-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,917

Year Built

Built in 1971

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.85
  • Lot Size: 175x211
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: NO RECORDED SUBDIVISION
  • Directions: HWY 87 North from HWY 98. Turn left at Nelson St (Shell is at the corner). Left on Lowery Dr. Right on Wells house in on the left.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1971
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electric: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Utilities:Septic Tank: Yes
  • Appliances Microwave: Yes
  • Waterfront:Bay: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Sun Room: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Microwave, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Fireplace
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Flood Insurance Req
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Construction Type: Brick, Roof Composite Shngl, Slab
  • Exterior Features: Dock, Fenced Chain Link, Needs Work
  • Other Structures: Shed(s)
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Flood Insurance Req: Yes
  • ConstructionSiding:Brick: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • Exterior:Fenced Chain Link: Yes
  • Exterior:Dock: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Oversized
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Oversized: Yes
  • Farm Info:Garage4: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Water, Septic Tank, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Waterfront
  • Association #2 Fee: 154.13
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Holley-Navarre
  • High School: Navarre
  • Middle Or Junior School: Holley-Navarre

Lot Info

  • Lot Size Sq Ft: 37026.0
  • Parcel #: 38-1s-27-0000-00404-0000
  • Zoning: Horses Allowed, Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1917.25
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Sep 18, 2023
Sold by
Brown Marilyn Le
Bought by
Townsend Bradley and Townsend Sage
Seller's Agent
Tavia Dowden
Via Prime Properties LLC
Buyer's Agent
Ruth Schaeffer
Sea Breeze Realty & Property M
List Price
$655,000
Sold Price
$630,000
Premium/Discount to List
-$25,000
-3.82%
Views
31
Current Estimated Value
$524,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$105,181
Avg. Annual Appreciation
-8.41%
Original Mortgage
$602,656
Outstanding Balance
$589,730
Interest Rate
6.9%
Mortgage Type
VA
Estimated Equity
-$64,911

Purchase Details

Closed on
Jun 9, 2021
Sold by
Brown Marilyn
Bought by
Brown Marilyn and Brown Marilyn

Purchase Details

Closed on
Jan 18, 2005
Sold by
Phillips Kenneth W and Phillips Angela N
Bought by
Brown Marilyn
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
Townsend Bradley $630,000 Reliable Land Title
Brown Marilyn -- Attorney
Brown Marilyn $380,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Townsend Bradley $602,656
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2023 09/18/23 Sold $630,000 -3.8% $315 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $655,000 0.0% $328 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
06/20/2023 06/20/23 Price Changed $655,000 -2.2% $328 / Sq Ft
05/23/2023 05/23/23 For Sale $670,000 -- $335 / Sq Ft
Source: Emerald Coast 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 $1,974 $179,885 -- --
2023 $1,974 $194,706 $0 $0
2022 $1,917 $189,035 $0 $0
2021 $1,901 $183,529 $0 $0
2020 $1,893 $180,995 $0 $0
2019 $1,850 $176,926 $0 $0
2018 $1,841 $173,627 $0 $0
2017 $1,838 $170,056 $0 $0
2016 $2,241 $166,240 $0 $0
2015 -- $174,597 $0 $0
2014 $2,410 $171,247 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 923978

Emerald Coast Association of REALTORS®

APN: 38-1S-27-0000-00404-0000