NOT LISTED FOR SALE

LOT 10 Harmony Way Freeport, FL 32439

Hammock Bay Neighborhood

Estimated Value: $911,000 - $928,000

0.93 Acre
$989,790 Price per Acre
40,511 Sq Ft Lot

Last Sold February 19, 2021

Last sale price $145,000

Est. 535% increase in value since last sale

Current estimated payment $5,676/month

168 Days on Market

Highlights

  • Fishing
  • 0.93 Acre Lot
  • Community Pool
  • Freeport Elementary School Rated 9+
  • Wooded Lot
  • Tennis Courts

About This Lot

As of February 2021

Excellent opportunity to acquire just under an ACRE in beautiful Hammock Bay! This private homesite is nestled at the end of the Harmony Way cul de sac and is full of hardwoods. Located on the preserve, this is one of the few remaining lots of this size. Enjoy all the amenities of Hammock Bay including the owners' club, theatre, swimming pools, tennis, 24/7 fitness center, Canine Commons dog park, regional sports complex, pickle ball, outdoor ampitheatre, and walking trails galore!
Twenty-two minutes to the beach, 45 minutes to the new International Airport (''ECP'') and twenty minutes to I-10. Come home! Build your forever home on the perfect lot in the perfect neighborhood. Buyer to verify all information important to them.

Last Agent to Sell the Property

Anne Winjum

Hammock Bay License #646860 Listed on: 06/24/2020

Last Buyer's Agent

Beth Jones

Hammock Bay License #3080966

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $496

Lot Details

  • 0.93 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Wooded Lot

HOA Fees

  • $113 Monthly HOA Fees

Schools

  • Freeport Elementary And Middle School
  • Freeport High School

Utilities

  • Water Tap or Transfer Fee
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period
  • Assessor Parcel Number 17-1S-19-23020-000-0100

Community Details

Overview

  • Association fees include accounting, management, recreational faclty, cable TV
  • Hammock Bay Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Property Details

Property Type

Land

Est. Annual Taxes

$496

Lot Details

0

HOA Fees

$113 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.93
  • Lot Size: IRREGULAR
  • Subdivision Name: HAMMOCK BAY
  • Directions: From Hwy 98, north on 331, west on Hwy 20, 3 miles to Hammock Bay entrance, south on Great Hammock Bend to 4th left, Harmony Way, Lot 10 is at very end of cul de sac, look for sign.
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Tap Fee Due: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Cul-De-Sac, Dead End, Wooded
  • Lot Features:Wooded: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Dead End: Yes

Utilities

  • Utilities: Gas - Natural, Phone, Public Sewer, Public Water, Tap Fee Due, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Exercise Room, Fishing, Minimum Rental Prd, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis
  • Association #2 Fee: 113.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Management, Recreational Faclty, Cable TV

Schools

  • Elementary School: Freeport
  • High School: Freeport
  • Middle Or Junior School: Freeport

Lot Info

  • Lot Size Sq Ft: 40510.8
  • Parcel #: 17-1S-19-23020-000-0100
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 495.62
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2025
Sold by
Palella Michael A and Burgess-Palella Claudia
Bought by
Latham Michael W and Balding-Latham Mary Kathleen
Current Estimated Value
$920,505

Purchase Details

Closed on
Feb 21, 2024
Sold by
Palella Michael A and Burgess-Palella Claudia
Bought by
Palella Michael A and Michael And Claudia Palella Living Trust

Purchase Details

Closed on
Jun 15, 2023
Sold by
Hopper Cryspian M and Hopper Amanda M
Bought by
Palella Michael A and Burgess-Palella Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2020
Closed on
Feb 19, 2021
Sold by
Saylor James M and Saylor Luisa O
Bought by
Hopper Cryspian M and Hopper Amanda M
Seller's Agent
Anne Winjum
Hammock Bay
Buyer's Agent
Beth Jones
Hammock Bay
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.57%
Original Mortgage
$430,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 3, 2006
Sold by
Freeport 860 Llc
Bought by
Somers John Paul and Somers Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,255
Interest Rate
7.87%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Latham Michael W $925,000 Mitchell Land & Title
Palella Michael A $100 None Listed On Document
Palella Michael A $845,000 Mitchell Land & Title
Hopper Cryspian M $145,000 Setco Services Llc
Somers John Paul $337,500 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palella Michael A $197,000
Previous Owner Hopper Cryspian M $430,000
Previous Owner Somers John Paul $216,255
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $145,000 0.0% --
12/09/2020 12/09/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $145,000 -- --
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 $8,422 $576,181 -- --
2023 $8,422 $631,224 $126,000 $505,224
2022 $1,898 $139,860 $139,860 $0
2021 $627 $40,966 $40,966 $0
2020 $532 $34,674 $34,674 $0
2019 $516 $33,664 $33,664 $0
2018 $489 $32,625 $0 $0
2017 $459 $31,124 $31,124 $0
2016 $412 $25,555 $0 $0
2015 $386 $23,391 $0 $0
2014 $389 $23,391 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anne Winjum

    Seller's Agent in 2021

    Anne Winjum

    Hammock Bay

    (850) 259-9502

    87 in this area

    148 Total Sales

    Anne Winjum
    Section Image
  • Beth Jones

    Buyer's Agent in 2021

    Beth Jones

    Hammock Bay

    (850) 585-9811

    79 in this area

    144 Total Sales

    Beth Jones
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 849259

Emerald Coast Association of REALTORS®

APN: 17-1S-19-23020-000-0100

Florida Walton County Freeport 32439 Hammock Bay

LOT 10 Harmony Way, Freeport, FL

This home is located at LOT 10 Harmony Way, Freeport, FL 32439 since 24 June 2020 and is currently estimated at $920,505. LOT 10 Harmony Way is a home located in Walton County with nearby schools including Freeport Elementary School, Freeport Middle School, and Freeport Senior High 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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