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BCC buys parcel in Miramar

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This one definitely bears a closer look!

Nice for the seller though - since they bought it for $45k in 2002 (at a loss to the seller BTW), they just cleared half a mil!

Seems quite odd - especially since the BCC paid 4x the taxed value in the current market.
 
I think highly of David Pleat and Amy Perry. I don't know Chris or Stephanie, but I think I'd like to meet them.
 
http://qpublic1.qpublic.net/cgi-bin/walton_display.cgi?KEY=29-2S-21-42000-006-0012

Can one of you real estate people enlighten me about this piece of land? Do these sort of things show up as comps for determining other values? With money as tight as it is $550K seems like an awful lot when no one has said what we are going to do with it.

It depends on whose definition of value you use. The Walton County Property Appraiser will use it as a comp to determine value. Automated valuations will use it. Florida Real Estate Appraisers will use it. Realtors, unless there was a Realtor involved in the transaction, will not likely use it to value other similar property.

The other question seems very separate from the first question. $550k may be much money, but without knowing their intent of use for the property, I don't think we can run around pointing fingers, just yet.
 
Well if you look up the actual documents at the clerks office it sold for a whopping $10.00. Looks like the property appraisers website got it wrong or it's related to a donation transaction.
 
http://qpublic1.qpublic.net/cgi-bin/walton_display.cgi?KEY=29-2S-21-42000-006-0012

Can one of you real estate people enlighten me about this piece of land? Do these sort of things show up as comps for determining other values? With money as tight as it is $550K seems like an awful lot when no one has said what we are going to do with it.

You must know how to catch bass. You just through this one out there for me and I couldn't resist.

Chris and Stephanie own the company that owned that parcel. They sued Walton County over Land Use issues for the parcel. After deposing all the players from Planning and Zoning the parties mediated. The matter was settled with Walton County buying the property.

It's good to see someone succeed against the County from time to time.:cool:
 
You must know how to catch bass. You just through this one out there for me and I couldn't resist.

Chris and Stephanie own the company that owned that parcel. They sued Walton County over Land Use issues for the parcel. After deposing all the players from Planning and Zoning the parties mediated. The matter was settled with Walton County buying the property.

It's good to see someone succeed against the County from time to time.:cool:


You do realize that we are the County?

Wonder why someone like me, come across stuff like this, yet we never seem to see anything about it in the news media. You have to be curious as to just what in the world happened to make the county feel the need to write a check this large, and now that the county owns the land, what are the plans to try to mitigate that huge expenditure and get some of those dollars back. All they talk about is how poor they are and how tight things due to the economy. Why not sell the land so someone could get it back on the tax rolls.
 
It's another case of our County going out of their way to impress their backwoods favoritism on someone's private business affairs. I know it sounds harsh, but these are the worst types of affront on American citizenry.

When you say, "Do you realize that we are the County?" I have to take exception. There are some who have been here longer than others who take different ownership of that statement than the newer settlers.

Please continue to bring these types of things to our collective attention. We need to know.
 
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