NOT LISTED FOR SALE

7406 Mulberry Ln Navarre, FL 32566

Estimated Value: $670,000 - $1,151,000

0.27 Acre
$3,622,004 Price per Acre
11,761 Sq Ft Lot

Last Sold July 02, 2018

Last sale price $180,000

Est. 443% increase in value since last sale

Current estimated payment $5,963/month

866 Days on Market

Highlights

  • Views of a Sound
  • Home fronts a seawall
  • Level Lot
  • Holley-Navarre Intermediate School Rated A-
  • Deeded access to the beach

About This Lot

As of July 2018

LOCAL BANK OWNED - NO WAITING! POSSIBLE 100 % FINANCING ON THIS WATERFRONT LOT IF LENDER APPROVED. If you are looking to build your soundfront home, then NOW is the time and in the PERFECT LOCATION - this is the lot you have been waiting for! Sold As Is. All information is approximate.

Last Agent to Sell the Property

Thomas Williams

Century 21 Blue Marlin Pelican Listed on: 08/13/2015

Co-Listed By

Jasmine Williams

Century 21 Blue Marlin Pelican

Last Buyer's Agent

Betty Fountain

Realty Associates of Santa Rosa Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,172

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 52x223
  • Home fronts a seawall
  • Home fronts a sound
  • Property fronts a private road
  • Street terminates at a dead end
  • Level Lot
  • Cleared Lot

HOA Fees

  • $37 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Gulf Views

Location

  • Flood Insurance May Be Required

Schools

  • West Navarre Elementary School
  • Woodlawn Beach Middle School
  • Navarre High School

Listing and Financial Details

  • Assessor Parcel Number 24-2S-27-2325-00F00-0010

Community Details

Overview

  • Magnolia Harbor Subdivision
  • The community has rules related to covenants

Recreation

  • Deeded access to the beach
  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$7,172

Lot Details

0

HOA Fees

$37 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.27
  • Lot Size: 52X223
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved Road
  • Co List Office Mls Id: EP34
  • Co List Office Phone: 850-230-4574
  • Subdivision Name: MAGNOLIA HARBOR
  • Directions: From Navarre Beach bridge heading West, go to Joybrook (Magnolia Harbor) second left turn, right at stop sign, then East on Mulberry to the end. Last lot on the water. Look for Sign.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Waterview:Sound2: Yes
  • Utilities:Community Water: Yes
  • Waterfront:Shore - Seawall: Yes
  • Waterfront:Sound: Yes
  • Special Features: RealEstateOwned

Exterior Features

  • Lot Features: Bulkhead/Seawall, Cleared, Covenants, Dead End, Flood Insurance Req, Level, Survey Available, Within 1/2 Mile to Water
  • View: Sound, Gulf
  • Waterfront Features: Shore - Seawall, Sound
  • Waterfront: Yes
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:BulkheadSeawall: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Flood Insurance Req: Yes
  • Lot Features:Dead End: Yes

Utilities

  • Utilities: Community Sewer, Community Water, Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Deed Access
  • Association #2 Fee: 440.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: West Navarre
  • High School: Navarre
  • Middle Or Junior School: Woodlawn Beach

Lot Info

  • Lot Size Sq Ft: 11761.2
  • Parcel #: 24-2S-27-2325-00F00-0010
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2015
Closed on
Jun 26, 2018
Sold by
Beach Community Bank
Bought by
Fountain Kenneth R and Fountain Tamara White
Seller's Agent
Thomas Williams
Century 21 Blue Marlin Pelican
Buyer's Agent
Betty Fountain
Realty Associates of Santa Rosa Inc
List Price
$180,000
Sold Price
$180,000
Current Estimated Value
$977,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$797,941
Avg. Annual Appreciation
26.79%
Original Mortgage
$1,431,000
Outstanding Balance
$1,255,628
Interest Rate
4.6%
Mortgage Type
Construction
Estimated Equity
-$277,687

Purchase Details

Closed on
Apr 12, 2010
Sold by
Gates Robert P and Gates Stephenie H
Bought by
Beach Community Bank

Purchase Details

Closed on
Jun 15, 2001
Sold by
Joybrook Co
Bought by
Gates Robert P and Gates Stephanie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.14%
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
Fountain Kenneth R $180,000 Attorney
Beach Community Bank -- None Available
Gates Robert P $299,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fountain Kenneth R $1,431,000
Previous Owner Gates Robert P $250,000
Previous Owner Gates Robert P $862,500
Previous Owner Gates Robert P $100,000
Previous Owner Gates Robert P $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2019 06/23/19 Off Market $180,000 -- --
07/02/2018 07/02/18 Sold $180,000 0.0% --
12/26/2017 12/26/17 Pending -- -- --
08/13/2015 08/13/15 For Sale $180,000 -- --
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 $7,172 $646,652 -- --
2023 $7,172 $627,817 $0 $0
2022 $7,007 $609,531 $0 $0
2021 $6,981 $591,778 $120,023 $471,755
2020 $1,519 $98,685 $0 $0
2019 $1,545 $98,685 $0 $0
2018 $1,046 $85,349 $0 $0
2017 $992 $80,015 $0 $0
2016 $881 $69,346 $0 $0
2015 $793 $58,678 $0 $0
2014 $807 $58,678 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Thomas Williams

    Century 21 Blue Marlin Pelican

  • J

    Seller Co-Listing Agent in 2018

    Jasmine Williams

    Century 21 Blue Marlin Pelican

  • B

    Buyer's Agent in 2018

    Betty Fountain

    Realty Associates of Santa Rosa Inc

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 542823

Emerald Coast Association of REALTORS®

APN: 24-2S-27-2325-00F00-0010

Florida Santa Rosa County Navarre 32566

7406 Mulberry Ln, Navarre, FL

This home is located at 7406 Mulberry Ln, Navarre, FL 32566 since 13 August 2015 and is currently estimated at $977,941. 7406 Mulberry Ln is a home located in Santa Rosa County with nearby schools including Holley-Navarre Primary School, Holley-Navarre Intermediate School, and Holley-Navarre Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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