NOT LISTED FOR SALE

Lots 4 &5 Gale Ct Freeport, FL 32439

Estimated Value: $214,000

0.94 Acre
$227,660 Price per Acre
40,946 Sq Ft Lot

Last Sold June 07, 2016

Last sale price $85,000

Est. 152% increase in value since last sale

Current estimated payment $1,251/month

564 Days on Market

Highlights

  • Fishing
  • Wooded Lot
  • Cul-De-Sac
  • Freeport Middle School Rated A-

About This Lot

As of June 2016

SECLUDED, WOODED LOT LOCATED IN THE UPSCALE NEIGHBORHOOD OF LAKE SHARON ESTATES.LAKE SHARON IS A 14 ACRE SPRING FED LAKE AND A ACTIVE HOA. THERE ARE BOAT LAUNCH FACILITIES AT NEARBY CHOCTAW BEACH AS WELL AS A PARK ON THE BAY. LAKE SHARON IS ONLY 6 MILES FROM NICEVILLE,10 MILES FROM DESTIN AND AREA WHITE SAND BEACHES. ARCHITECTURAL APPROVAL NEEDED FROM HOMEOWNERS ASSOC. BEFORE BUILDING. HOA dues are $250 ($125 for lot 4 and $125 for lot 5) Buyer to verify lot dimensions as are approx & no survey available. Both lots 4 and 5 must be sold together. The sale of these lots are subject to a 1031 exchange and closing must be at McNeese Title Exchange,Destin

Last Agent to Sell the Property

Annette Guin

Royal Palm Realty Service Inc License #642414 Listed on: 09/17/2014

Co-Listed By

Eileen Guin

Royal Palm Realty Service Inc License #158702

Last Buyer's Agent

Susie Kirkland

RE/MAX Coastal Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,223

Lot Details

  • 0.94 Acre Lot
  • Cul-De-Sac
  • Wooded Lot
  • Subdivision Possible

HOA Fees

  • $21 Monthly HOA Fees

Schools

  • Bluewater Bay Elementary School
  • Ruckel Middle School
  • Niceville High School

Listing and Financial Details

  • Assessor Parcel Number 28-1S-21-41120-003-0040

Community Details

Overview

  • Lake Sharon Estates Subdivision

Recreation

  • Fishing

Property Details

Property Type

Land

Est. Annual Taxes

$1,223

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.94
  • Lot Size: approx 186x204
  • Road Surface Type: Paved Road
  • Co List Office Mls Id: EPAL
  • Co List Office Phone: 850-244-1170
  • Subdivision Name: LAKE SHARON ESTATES
  • Directions: Hwy 20 east past mid bay bridge connector overpass drive approx 4.5 miles. Turn left onto Hickory St. Right on Kathy Ln then right on Gale Ct. Look for sign in cul de sac
  • Special Features: None

Exterior Features

  • Lot Features: Cul-De-Sac, Wooded, Will Divide
  • Lot Features:Wooded: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Will Divide2: Yes

Utilities

  • Utilities: Other

Condo/Co-op/Association

  • Community Features: Fishing
  • Association #2 Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Bluewater Bay
  • High School: Niceville
  • Middle Or Junior School: Ruckel

Lot Info

  • Lot Size Sq Ft: 40946.4
  • Parcel #: 28-1S-21-41120-003-0040
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2014
Closed on
Jun 7, 2016
Sold by
Papadopoulos Nicholas and Papadopoulos Tanya
Bought by
Merkel Charles E and Merkel Diane D
Seller's Agent
Annette Guin
Royal Palm Realty Service Inc
Buyer's Agent
Susie Kirkland
RE/MAX Coastal Properties
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$214,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,000
Avg. Annual Appreciation
10.26%
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
Merkel Charles E $85,000 Mcneese Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2016 06/07/16 Sold $85,000 0.0% --
04/03/2016 04/03/16 Pending -- -- --
09/17/2014 09/17/14 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 $1,223 $185,625 $185,625 --
2023 $1,223 $106,714 $0 $0
2022 $897 $112,548 $112,548 $0
2021 $811 $92,869 $92,869 $0
2020 $740 $80,176 $80,176 $0
2019 $715 $77,842 $77,842 $0
2018 $718 $77,842 $0 $0
2017 $721 $77,842 $77,842 $0
2016 $728 $77,842 $0 $0
2015 $741 $77,842 $0 $0
2014 $752 $77,842 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 714295

Emerald Coast Association of REALTORS®

APN: 28-1S-21-41120-003-0040