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7 Cutty Sark Court

7 Cutty Sark Court, Panacea, FL 32346
Property in West Wakulla
Sold Jun 27, 2022
$1,200,000
Sold Dec 27, 2010
$850,000
$417,000 by Branch Banking And Trust Co
Mortgage Due Jan 01, 2041
Local assessors in Panacea, FL have categorized 7 Cutty Sark Court as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 9,260 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 700 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7 Cutty Sark Court has a total of 2,251 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 1,178 sqft. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable or hip style roof that was made of metal. Lots of concrete were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7 Cutty Sark Court was last sold in Jun 24, 2022 for $1,200,000. According to our calculations, that's $533.10 per sqft. Prior to that sales transaction, the property was sold for $850,000 in Dec 20, 2010. Current property owners are expected to pay $3,550 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 7 Cutty Sark Court was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $271,766. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Construction Type: Wood
  • Exterior Walls Type: Concrete
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Carport
  • Garage Square Area: 1,178
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,260
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,251
  • Gross Building Area: 2,251
  • Building Area: 2,251
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,251
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRADE WINDS
  • Land Acres: 0.213
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRADEWINDS SUBDV LOT 12 OR 504 P 451 OR 760 P 703

Ownership

  • Current Owner : HANNER JAMES K
  • Previous Owner : KENT DONALD C
  • Previous Owner 2: KENT SANDRA L
  • Owner Before Previous Owner: NAUMANN JASON C
  • Owner Before Previous Owner 2: NAUMANN CARLY D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Wakulla County School District
  • Census Tract: 010102

Geography

  • Parcel: 08-6S-01W-302-04863-A12
  • Lot: 12
  • Meridian: SEC 08 TWN 06S RNG 01W
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 29.9703
  • Longitude: -84.3521

    Address

  • Full Address: 7 Cutty Sark Ct
  • Address - House Number: 7
  • Address - Street Name: Cutty Sark
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Panacea
  • Carrier Code: R001
  • 4-Digit Zip Code: 2755
  • Zip Code: 32346

Valuation

    Tax

  • Total Area: 2,712
  • Tax Year: 2022
  • Tax Amount: $3,550
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.1885
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 75
  • Final Value: 793,103
  • High Value: 942,678
  • Low Value: 643,529

    Market Valuation

  • Market Total Value: $501,977
  • Market Land Value: $160,000
  • Market Improvement Value: $341,977

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $271,766

    Sales

  • Current Sale Contract Date: Jun 24, 2022
  • Current Sale Recording Date: Jun 27, 2022
  • Current Sale Transaction ID: 11891626779
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 406609
  • Previous Sale Recording Date: Dec 27, 2010
  • Previous Sale Contract Date: Dec 20, 2010
  • Previous Sale Amount: $850,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: Dec 27, 2010
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2041

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 7 Cutty Sark Court located in?
The 7 Cutty Sark Court is a located in the neighborhood of West Wakulla in Wakulla, Panacea.
What is the average sales price for listings in 7 Cutty Sark Court?
The average sales price for units in 7 Cutty Sark Court is $0 currently.

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