NOT LISTED FOR SALE

9 Mashes Sands Rd Unit D Panacea, FL 32346

Estimated Value: $353,017 - $413,000

3 Beds
2.5 Baths
1,481 Sq Ft
$258/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $161,000 $109 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $2,466/month

107 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Deck
  • Tennis Courts
  • Gated Community
  • Community Pool
  • Walk-In Closet

About This Home

As of June 2014

Check out the Views from this 3 bedroom 2.5 bath unit on the Ochlockonee Bay in George's Lighthouse Point, a Gated community. HOA amenities include pool, tennis, exterior, lawn maintenance and more. Great weekend get-a-way. This is a Fannie Mae Homepath Property. This property is approved for HomePath Mortgage Financing and can be purchased for as little as 5% down. .Close by June 30, 2014 and request up to 3.5% of the final sales price to be used as closing cost assistance. Restrictions Apply.

Last Buyer's Agent

Nonmember Nonmember

Nonmember Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,142

Year Built

  • Built in 2004

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 18 x 158
  • Property Fronts a Bay or Harbor

HOA Fees

  • $168 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,481 Sq Ft Home
  • Combination Dining and Living Room
  • Wall to Wall Carpet
  • Bay Views
  • Security Gate

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • 1 Parking Space
  • Carport

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 4-2
  • Assessor Parcel Number 126S02W29203879C04

Community Details

Overview

  • Association fees include cable TV, ground maintenance, insurance, management, pest control
  • George's Lighthouse Pointe Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,142

Year Built

Built in 2004

Lot Details

0

HOA Fees

$168 per month

Listing Details

  • Directions: 319 S to Panacea, L on Mashes Sands, complex on right
  • Prop. Type: Residential
  • Property Sub Type: Townhouse,Condominium
  • Lot Size Acres: 0.07
  • Lot Size: 18 x 158
  • Road Surface Type: Paved
  • Subdivision Name: George's Lighthouse Pointe
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Year Built: 2004
  • NAV22_Room4Name: Kitchen
  • NAV22_ResortRentalYN: No
  • NAV22_Room3Name: Additional Bedroom
  • NAV22_Room2Name: Additional Bedroom
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room1Name: Master Bedroom
  • NAV22_Room5Name: Dining/Living Combo
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wall to Wall
  • Living Area: 1481
  • Master Bedroom Features: Walk-In Closet(s)

Exterior Features

  • Lot Features: Subdivided, Within 1/2 Mile of Water
  • Roof: Metal
  • Pool Features: None
  • Pool Private: No
  • View: Water, Bay
  • View: Yes
  • Waterfront Features: Waterfront, Bay
  • Waterfront: Yes
  • Patio And Porch Features: Deck
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Electric, Other
  • Sewer: Public Sewer
  • Security: Security Gate
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 168
  • Community Features: Gated, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Insurance, Management, Pest Control

Lot Info

  • Lot Size Sq Ft: 3049.2
  • Additional Parcels: No
  • Parcel #: 126S02W29203879C04
  • Zoning Description: Other
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Lot: 4-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2022
Sold by
Brian Lowe D and Brian Frances C
Bought by
Ramola Rakesh and Ramola Heather
Current Estimated Value
$382,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,500
Outstanding Balance
$252,167
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$144,146

Purchase Details

Closed on
Mar 19, 2021
Sold by
Frh Inc
Bought by
Lowe D Brian D and Lowe Frances C

Purchase Details

Closed on
Nov 30, 2018
Sold by
Mcalpine Kevin B and Mcalpine Patricia E
Bought by
Frh Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 21, 2014
Closed on
Jun 30, 2014
Sold by
Fannie Mae
Bought by
Mcalpine Kevin B and Mcalpine Patricia E
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$178,000
Sold Price
$161,000
Premium/Discount to List
-$17,000
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$144,900
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2013
Sold by
Spitzer Kurt and Spitzer Vicki M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 20, 2004
Sold by
Petrandis Angelo E
Bought by
Dean D Wilson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Ramola Rakesh $347,500 Lowe Title Services
Lowe D Brian D $321,000 Lowe Title Services
Frh Inc $245,000 Tallahassee Title Group Llc
Mcalpine Kevin B $161,000 Reo Title Company Of Fl Llc
Federal National Mortgage Association $351,400 Attorney
Dean D Wilson $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramola Rakesh $272,500
Previous Owner Frh Inc $192,000
Previous Owner Mcalpine Kevin B $144,900
Previous Owner Spitzer Vicki M $352,500
Previous Owner Dean D Wilson $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $161,000 -9.6% $109 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
01/25/2014 01/25/14 For Sale $178,000 -- $120 / Sq Ft
Source: Forgotten Coast REALTOR® Association

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 $3,142 $217,867 $30,000 $187,867
2023 $3,224 $223,085 $30,000 $193,085
2022 $3,627 $252,249 $75,000 $177,249
2021 $3,251 $219,996 $1,000 $218,996
2020 $3,203 $221,277 $1,000 $220,277
2019 $3,301 $223,869 $1,000 $222,869
2018 $2,354 $156,489 $1,000 $155,489
2017 $2,417 $158,277 $0 $0
2016 $2,585 $160,064 $0 $0
2015 $2,659 $157,106 $0 $0
2014 $2,771 $158,841 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Forgotten Coast REALTOR® Association

MLS Number: 251027

Forgotten Coast REALTOR® Association

APN: 12-6S-02W-292-03879-C04