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$150,000   Price Analysis
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906 W Banfill Ave
Bonifay, FL 32425
3 bed 1 bath 1,380 SqFt ($108/SqFt)
7.54 acre lot. Built 1920
Listed 2023-08-28, Taxes $862
USDA Eligible
near Bonifay, FL
 

CURRENTLY UNDER CONTRACT

* Has Contingent Offer *

SELLER WILL CONSIDER BACKUP OFFERSAsk about 3.5% down rehab loans. Nestled within the heart of a rapidly expanding region that cherishes its small-town charm while embracing growth, this exceptional property presents a unique opportunity for those with a vision. Spanning over 7.57 mostly cleared acres adorned with producing pecan trees, the land offers a blend of natural beauty and practicality. Its potential for subdivision, free from restrictions, opens up infinite possibilities for development or creating your own private haven.At the heart of this estate stands a historic home, a testament to time awaiting a new chapter. While it requires extensive renvation, its solid bones and functional essentials - including water, electric service, a four-year-old propane wall heater, newer single-hung windows in most areas and solid wood kitchen cabinets - make it a canvas ready for transformation. The huge covered front porch adds a welcoming touch, inviting imaginations to envision its restored glory.Complementing the main residence is a sturdy block garage feat uring a workroom and a covered back porch area, perfect for projects or simply enjoying the serene surroundings.

The property is priced at land value, yet includes the added benefits of a septic system and city water connection to the home, underscoring the incredible investment opportunity it represents.Located 2 miles from I-10, this property offers convenient access to major transportation routes, placing historic Bonifay, Chipley, Panama City Beach and Dothan, Alabama, within easy reach. The area is experiencing growth, attracting specialty retailers, new restaurants and hosting events that celebrate its heritage and community spirit - from farmers markets and holiday festivals to rodeos and splash parks.This property is not a piece of land; it's a gateway to a lifestyle that balances the tranquility of country living with the vibrancy of a community on the rise. Whether you're looking to create your dream home while living on-site, develop the land or invest in the area's growth, this offering is a rare find. With its combination of natural beauty, strategic location and untapped potential, it invites you to be part of something truly special. Don't miss the chance to make your mark in a place where history meets opportunity.


Presented by Dawn M Dezendorf at
Counts Real Estate Group - Thomas Drive.


Property MLS #745803 from CPARMLS

Dryer
Dishwasher
ElectricCooktop
ElectricOven
Refrigerator
Washer

Bedrooms: 3

Total Bathrooms: 1
Full Bathrooms: 1

Bookcases
Flooring: Vinyl

FullBath: 7 x 8 x First
Bedroom: 12 x 12 x First
Bedroom: 13 x 9 x First
Bedroom: 12 x 11 x First
Living Room Dimensions: 16 x 11
Living Room Level: First

Cooling Features: WindowUnits
Heating Features: WallFurnace
Heating: Yes

Dining Room Dimensions: 17 x 11
Dining Room Level: First
Kitchen Dimensions: 17 x 14
Kitchen Level: First

Porch
Patio And Porch Features: Covered, Porch
Road Surface Type: Paved

Lot Description: Pasture, Wooded
Lot Size Acres: 7.539991
Lot Size Dimensions: irregular
Lot Size Square Feet: 328442

Garage Spaces: 1
Other Parking: Driveway Spaces:4.00

Elementary School: Bonifay (HC)
High School: Holmes Co (HC)
Middle School: Bonifay (HC)

Holmes County High School is a public high school located approximately 0.5 miles away.
directions icon Map directions

Bonifay K-8 School is a public elementary and middle school located approximately 0.7 miles away.
directions icon Map directions

Gateway Academy is a private elementary, middle and high school located approximately 3.4 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

Community Features: ShortTermRentalAllowed

Source Listing Status: ActiveUnderContract
County: Holmes
Directions: 79 N to left on highway 90, .6 miles to right on Stewart, .2 miles to left on Banfill, .3 miles to property on right
Source Property Type: Residential
MLS Area Minor: 0802 - Holmes South-East
Source Neighborhood: [No Recorded Subdiv]
Parcel Number: 0936.03-000-000-008.000
Postal City: Bonifay
Subdivision: [No Recorded Subdiv]
Zoning Description: Resid Single Family
Property Subtype: Detached
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$36,294 + $21,196
$57,490
$862
2021$34,411 + $21,196
$55,607
$854
2020$32,031 + $20,439
$52,470
$808
2019$32,031 + $20,439
$52,470
$817
2018$31,716 + $20,439
$52,155
$821
2017$31,716 + $20,439
$52,155
$838
2016$31,716 + $20,439
$52,155
$845
2015$31,089 + $20,439
$51,528
$861
2014$unknown + $unknown
$51,528
$865
2013$unknown + $unknown
$52,966
$905
2012$unknown + $unknown
$52,966
$841
2011$unknown + $unknown
$56,230
$895
2010$unknown + $unknown
$60,111
$960
2009$unknown + $unknown
$62,004
$981
2008$unknown + $unknown
$61,674
$951
2007$unknown + $unknown
$61,013
$902

Price Changed 2024-02-23
$150,000
CPARMLS
Price Changed 2023-12-03
$160,000
CPARMLS
Price Changed 2023-10-02
$175,000
CPARMLS
Listed 2023-08-28
$190,000
CPARMLS
Listing removed 2023-05-16
$0
CPARMLS
Relisted 2023-05-03
$180,000
CPARMLS
Listing removed 2023-04-28
$0
CPARMLS
Relisted 2023-04-27
$180,000
CPARMLS
Listing removed 2023-04-06
$0
CPARMLS
Price Changed 2023-03-30
$180,000
CPARMLS
Listed 2023-01-06
$195,000
CPARMLS
Sold 1999-10-08
$54,900
Public Record
Sold 1981-09-01
$39,000
Public Record
Sold 1980-09-01
$30,000
Public Record

Total Square Feet Living: 1380
Year Built: 1920
Construction Materials: Asbestos
Living Area Source: ListingAgent
Property Age: 104
Property Condition: Fixer
Roof: Asphalt
Building Total Stories: 1
House Style: Bungalow
Architectural Style: Bungalow

Sewer: SepticTank
ElectricityAvailable
SepticAvailable
WaterAvailable
Water Source: CommunityCoop
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.