NOT LISTED FOR SALE

Lot 5-B.31 Riker Ave Santa Rosa Beach, FL 32459

Estimated Value: $257,000 - $883,217

0.17 Acre
$4,003,259 Price per Acre
7,405 Sq Ft Lot

Last Sold July 31, 2020

Last sale price $85,000

Est. 701% increase in value since last sale

Current estimated payment $3,699/month

94 Days on Market

Highlights

  • Waterfront Community
  • Boat Dock
  • Bayou View
  • Dune Lakes Elementary School Rated A-
  • Fishing
  • Wooded Lot

About This Lot

As of July 2020

This is a full size Grayton Bayou homesite. This property has a 30% larger building footprint when compared to many of the other property's in Grayton Bayou. Approx. 4025 sq. .ft of buildable area. L. 5-31 Riker Ave has frontage on Riker Ave and it backs up to Private Drive 2 (Alleyway with white rock). On this property their is room to build main house and a carriage house. Community has Palm Tree and Oak lined streets. Roadway is stamped red brick style roadway. 2000 Sq. ft Swimming pool access. Community boat launch, fishing pier, bayfront park and all located only 5 mins from Grayton Beach. No wetlands. Not in a flood zone. Beautiful wooded homesite. Grayton Bayou CC&R's require florida cottage home with minimum size of 1600 Sq. feet see documents section for more information.

Last Agent to Sell the Property

Jonathan Roberts

Keller Williams Realty SRB License #646666 Listed on: 03/29/2020

Keller Williams Realty SRB

Last Buyer's Agent

Jonathan Roberts

Century 21 Emerald Paradise

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $395

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Property fronts a state road
  • Property fronts an easement
  • Corner Lot
  • Interior Lot
  • Wooded Lot

HOA Fees

  • $56 Monthly HOA Fees

Property Views

  • Bayou Views

Home Design

  • Metal Roof
  • Wood Siding
  • Cement Board or Planked

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Propane
  • Water Tap Fee Is Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-2S-19-24500-031-0050

Community Details

Overview

  • Association fees include accounting, electricity, ground keeping, insurance, land recreation, legal, licenses/permits, recreational faclty, repairs/maintenance, water
  • Grayton Bayou S/D Subdivision
  • The community has rules related to covenants, exclusive easements

Amenities

  • Picnic Area
  • Community Pavilion

Recreation

  • Boat Dock
  • Community Boat Launch
  • Waterfront Community
  • Community Pool
  • Community Whirlpool Spa
  • Fishing

Property Details

Property Type

Land

Est. Annual Taxes

$395

Lot Details

0

HOA Fees

$56 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.17
  • Lot Size: 50 x 150
  • Road Frontage Type: County Road, See Remarks, State Highway, Easement
  • Road Surface Type: Paved Road
  • Subdivision Name: Grayton Bayou s/d
  • Directions: From Highway 98, go north on Bay Drive (Co-Hwy 283-North), turn right on E. Pt. Washington Road. Proceed to Dawson Ave and turn left into the Grayton Bayou s/d. Take a right on Riker Ave., This property will be located on the right. It's the 5th lot on the right side of road.
  • Utilities Electric: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Tap Fee Paid: Yes
  • Utilities:Gas - Propane: Yes
  • Waterview:Bayou2: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Corner, Covenants, Easements, Interior, Restrictions, Within 1/2 Mile to Water, Wooded, See Remarks
  • View: Bayou
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd, Wood Siding
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Easements: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:See Remarks6: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Lot Features:Corner: Yes
  • ConstructionSiding:Siding Wood: Yes

Utilities

  • Utilities: Electric, Gas - Propane, Phone, Public Sewer, Public Water, Sewer Available, Tap Fee Paid, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Boat Launch, Dock, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Waterfront, Whirlpool, Owners Pets Allowed
  • Association #2 Fee: 670.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Electricity, Ground Keeping, Insurance, Land Recreation, Legal, Licenses/Permits, Recreational Faclty, Repairs/Maintenance, Water

Schools

  • Elementary School: Dune Lakes
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 28-2S-19-24500-031-0050
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 395.31
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2020
Closed on
Jul 31, 2020
Sold by
Hill Ron D and Hill Tina O
Bought by
Thompson Neill and Thompson Sylvia
Seller's Agent
Jonathan Roberts
Keller Williams Realty SRB
Buyer's Agent
Jonathan Roberts
Century 21 Emerald Paradise
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$680,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$595,554
Avg. Annual Appreciation
49.08%

Purchase Details

Closed on
Aug 11, 2004
Sold by
Burg Adam
Bought by
Hill Ron D and Hill Tina O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2003
Sold by
Rpm Development Llc
Bought by
Burg Adam
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
Thompson Neill $85,000 Championship Title Agcy Llc
Hill Ron D $237,500 Surety Land Title Of Fl Llc
Burg Adam $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hill Ron D $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2022 05/29/22 Off Market $85,000 -- --
07/31/2020 07/31/20 Sold $85,000 0.0% --
07/01/2020 07/01/20 Pending -- -- --
03/29/2020 03/29/20 For Sale $85,000 -- --
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 $885 $135,000 $135,000 --
2023 $885 $80,187 $0 $0
2022 $773 $95,180 $95,180 $0
2021 $641 $66,270 $66,270 $0
2020 $422 $55,117 $55,117 $0
2019 $395 $52,997 $52,997 $0
2018 $375 $50,959 $0 $0
2017 $320 $42,286 $42,286 $0
2016 $306 $40,660 $0 $0
2015 $290 $38,000 $0 $0
2014 $232 $28,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 843759

Emerald Coast Association of REALTORS®

APN: 28-2S-19-24500-031-0050