NOT LISTED FOR SALE

Estimated Value: $703,000 - $789,931

0.38 Acre
$1,951,929 Price per Acre
16,553 Sq Ft Lot

Last Sold May 18, 2021

Last sale price $84,000

Est. 783% increase in value since last sale

Current estimated payment $4,242/month

114 Days on Market

Highlights

  • Boat Dock
  • Fishing
  • Tennis Courts
  • Freeport Middle School Rated A-
  • Community Pool
  • Community Barbecue Grill

About This Lot

As of May 2021

Build your dream home on the Preserve in Orchard neighborhood of Hammock Bay! This private home site is over 1/3 acre, is on a quiet cove and has no build-out period. Beautiful trees will be all you see in your large back yard! Hammock Bay is a premier 3,000 acre neighborhood 20 minutes from the pristine emerald beaches of the Gulf Coast! Amenities in Hammock Bay include a 6,000 SF owners' club and theater, 8,000 SF 24/7 fitness center, fishing pier, miles of hiking trails/sidewalks, dog park, playgrounds, 60 acre sports complex, tennis, pickle ball, basketball, disc golf course and much more! Buyer to verify all information important to them.

Last Agent to Sell the Property

Anne Winjum

Hammock Bay License #646860 Listed on: 01/13/2021

Last Buyer's Agent

Laura Whitney

Coldwell Banker Realty License #3316545

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $498

Lot Details

  • 0.38 Acre Lot
  • Property fronts an easement

HOA Fees

  • $113 Monthly HOA Fees

Schools

  • Freeport Elementary And Middle School
  • Freeport High School

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period
  • Assessor Parcel Number 17-1S-19-23050-000-0240

Community Details

Overview

  • Association fees include accounting, ground keeping, management, recreational faclty
  • Hammock Bay Subdivision
  • The community has rules related to covenants, exclusive easements

Amenities

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

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Property Details

Property Type

Land

Est. Annual Taxes

$498

Lot Details

0

HOA Fees

$113 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.38
  • Lot Size: IRREGULAR
  • Road Frontage Type: City Road
  • Road Surface Type: Paved Road
  • Subdivision Name: HAMMOCK BAY
  • Directions: From Hwy 331 and Hwy 20, head west on Hwy 20 for 3 miles, take left (south) into Hammock Bay main entrance, take 2nd left into Orchard on Mango Lane. Stay to the right, then right onto Mango Cove.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Gas Available: Yes
  • Utilities:Community Water: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Covenants, Easements, Build To Suit
  • Lot Features:Easements: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Build To Suit: Yes

Utilities

  • Utilities: Community Sewer, Community Water, Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable, Gas Available
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Dock, Exercise Room, Fishing, Minimum Rental Prd, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable
  • Association #2 Fee: 339.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management, Recreational Faclty

Schools

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

Lot Info

  • Lot Size Sq Ft: 16552.8
  • Parcel #: 17-1S-19-23050-000-0240
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 498.5
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2022
Sold by
Melniciuc and Nicolae
Bought by
Melniciuc Aliona and Cucovici Nicolae
Current Estimated Value
$741,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,932
Outstanding Balance
$585,447
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$156,286

Purchase Details

Listed on
Jan 13, 2021
Closed on
May 17, 2021
Sold by
Brannon Catherine B and Posey Bridgett B
Bought by
Melniciuc Aiona and Cucovici Nicolae
Seller's Agent
Anne Winjum
Hammock Bay
Buyer's Agent
Laura Whitney
Coldwell Banker Realty
List Price
$84,000
Sold Price
$84,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.35%

Purchase Details

Closed on
Oct 27, 2005
Sold by
Freeport 860 Llc
Bought by
Brannon Bridgett B and Brannon Catherine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,262
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
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
Melniciuc Aliona $100 Emmanuel Sheppard & Condon Pa
Melniciuc Aiona $84,000 Setco Services Llc
Brannon Bridgett B $200,000 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melniciuc Aliona $611,932
Previous Owner Brannon Bridgett B $107,318
Previous Owner Brannon Bridgett B $107,262
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2021 05/18/21 Sold $84,000 0.0% --
05/07/2021 05/07/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $84,000 -- --
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 $1,041 $698,568 $71,300 $627,268
2023 $1,041 $71,300 $71,300 $0
2022 $1,122 $79,143 $79,143 $0
2021 $607 $39,354 $39,354 $0
2020 $513 $33,310 $33,310 $0
2019 $499 $32,340 $32,340 $0
2018 $477 $31,341 $0 $0
2017 $450 $30,429 $30,429 $0
2016 $404 $24,984 $0 $0
2015 $379 $22,869 $0 $0
2014 $382 $22,869 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 862378

Emerald Coast Association of REALTORS®

APN: 17-1S-19-23050-000-0240