NOT LISTED FOR SALE

XXX Bear Bay Flats Rd Defuniak Springs, FL 32433

Estimated Value: $1,555,000

476 Acres
$3,267 Price per Acre
20,734,560 Sq Ft Lot

Last Sold March 15, 2021

Last sale price $900,000

Est. 73% increase in value since last sale

Current estimated payment $8,556/month

709 Days on Market

Highlights

  • Home fronts a pond
  • Pond
  • Agricultural
  • 476 Acre Lot
  • Wooded Lot

About This Lot

As of March 2021

Check out the drone video of this pristine land adjacent to the Paxton City Limits. Currently groomed and used as hunting land. Improvements in drainage, hunting buggy trails, feed lots, and plenty of wildlife on the land. Mature pecan trees and one of the oldest and biggest sparkleberry trees in the state are on this property. Seller will retain northern most sixty feet of this parcel for access to another property, but come see the beauty of this land for yourself. Listing Broker/Salesperson has ownership interest in the property.

Last Agent to Sell the Property

ecn.rets.e6893

ecn.rets.RETS_OFFICE Listed on: 01/04/2019

Last Buyer's Agent

Allen Adams

850 Properties - Santa Rosa Beach

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $499

Lot Details

  • 476 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Property fronts a county road
  • Wooded Lot
  • Property is zoned Agriculture

Schools

  • Paxton Elementary And Middle School
  • Paxton High School

Additional Features

  • Pond
  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 11-5N-21-39000-001-0010

Property Details

Property Type

Land

Est. Annual Taxes

$499

Lot Details

0

Listing Details

  • Property Sub Type: Agricultural
  • Prop. Type: Land
  • Lot Size Acres: 476.0
  • Lot Size: irregular
  • Road Frontage Type: County Road
  • Road Surface Type: Paved Road
  • Directions: From Hwy 90 and 331 in DeFuniak Springs, head north on 331 until you are just south of Paxton. Turn west (left) on 147 and go to Bear Bay Flats Road on your left. Go one mile south on Bear Bay Flats R
  • Waterfront:Pond: Yes
  • Waterfront:Stream: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Wooded
  • Waterfront Features: Pond, Stream
  • Waterfront: Yes

Utilities

  • Utilities: None

Schools

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

Lot Info

  • Lot Size Sq Ft: 20734560.0
  • Parcel #: 11-5N-21-39000-001-0010
  • Zoning: Agriculture
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2019
Closed on
Mar 12, 2021
Sold by
Mccarty Holdings Llc
Bought by
30Aip Grayton Llc
Seller's Agent
ecn.rets.e6893
ecn.rets.RETS_OFFICE
Buyer's Agent
Allen Adams
850 Properties - Santa Rosa Beach
List Price
$900,000
Sold Price
$900,000
Current Estimated Value
$1,555,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$655,000
Original Mortgage
$700,000
Outstanding Balance
$630,345
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2005
Sold by
Edwards Lanier J
Bought by
Mccarty Holdings Llc

Purchase Details

Closed on
Mar 31, 2003
Sold by
Edwards Lanier J
Bought by
Holman Stephen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,500
Interest Rate
5.82%
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
30Aip Grayton Llc $900,000 Setco Services Llc
Mccarty Holdings Llc $697,000 --
Holman Stephen T $181,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 30Aip Grayton Llc $700,000
Closed 30Aip Grayton Llc $700,000
Previous Owner Holman Stephen T $280,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $900,000 0.0% --
12/13/2020 12/13/20 Pending -- -- --
01/04/2019 01/04/19 For Sale $900,000 -- --
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 $499 $62,767 -- --
2023 $499 $59,967 $0 $0
2022 $9,975 $1,168,182 $1,168,182 $0
2021 $516 $57,713 $57,713 $0
2020 $533 $57,713 $57,713 $0
2019 $541 $58,909 $58,909 $0
2018 $543 $58,909 $0 $0
2017 $545 $58,909 $58,909 $0
2016 $516 $51,635 $51,635 $0
2015 $525 $51,635 $51,635 $0
2014 $500 $48,306 $48,306 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 610391

Emerald Coast Association of REALTORS®

APN: 11-5N-21-39000-001-0010