Santa Rosa County Property Appraiser
Greg S. Brown IICFA
| 15-1N-29-0000-00400-0000 |
| 4541 HIGHWAY 90, PACE, 32571 |
| RESTAURANTS - FAST FOOD (002157) |
| 15-1N-29 |
| PACE |
| 11.3781 |
| 1.17 |
| COM AT E LN OF W2 OF NE4 OF NE4 OF SECTION 15 TOWNSHIP 1 NORTH RANGE 29 WEST AT INSECT OF S R/W OF HWY 90 THN W 15 FT TO POB & CONT W 317 FT THN S 340 FT THN E 317 FT THN N 340 FT TO POB TOGETHER W/ ESMT RIGHTS PER OR 2379 PG 1915 LESS OR 2379 PG 1972 (#4.8) ALL AS DES IN OR 3856 PG 99 |
| APPLE & APPLE LLC |
| 204 PATRICIAN DR |
| SPANISH FORT, AL 36527-9413 |
| 2024 Certified | 2025 Certified | 2026 Certified | |
|---|---|---|---|
| Building Value | $494,205 | $511,159 | $505,835 |
| Extra Feature Value | $44,050 | $44,050 | $44,050 |
| Land Value | $404,662 | $404,662 | $404,662 |
| Land Agricultural Value | $0 | $0 | $0 |
| Agricultural (Market) Value | $0 | $0 | $0 |
| Just (Market) Value | $942,917 | $959,871 | $954,547 |
| Co. Assessed Value | $766,106 | $842,717 | $926,989 |
| Exempt Value | $0 | $0 | $0 |
| Co. Taxable Value | $766,106 | $842,717 | $926,989 |
| Type | RESTAURANTS - FAST FOOD |
|---|---|
| Total Area | 2295 |
| Heated Area | 2295 |
| Exterior Walls | WOOD FRAME STUCCO, STONE |
| Roof Cover | BUILT-UP |
| Interior Walls | CUSTOM |
| Foundation | BLOCK/MASONRY |
| Frame | WOOD FRAME |
| Floor | CLAY/CERAMIC TILE |
| Heat Type | FORCED AIR DUCT |
| A/C Type | ROOF TOP |
| Bathrooms | 2 |
| Bedrooms | 0 |
| Stories | 1 |
| Actual Year Built | 2019 |
| Effective Year Built | 2019 |
Current Traverse
Use: RESTAURANTS - FAST FOOD (002157)
| Effective Rate | Replacement Cost |
|---|---|
| 232.008 | $532,458 |
| Normal | 5% |
|---|---|
| Economic | 0% |
| Functional | 0% |
| Special | 0% |
| Good | 95% |
| Replacement Cost New Less Depreciation (RCNLD) | $505,835 |
| Name | Actual | Effective | RCNLD |
|---|---|---|---|
| Totals | 0 | 0 | $0 |
| Land Code | Description | Frontage | Depth | Unit Type | Land Units | Land Value |
|---|---|---|---|---|---|---|
| 001020 | COMMERCIAL - HIGHWAY | 150 | 05 | FF | 150 | $404,662 |
| Source | Code | Description |
|---|---|---|
| County | HCD | Highway Commercial Development |
| ASPHALT | 1 | 25000 UT | 2019 | $31,250 |
| CONCRETE | 1 | 2900 UT | 2019 | $5,800 |
| FLOOD LIGHTS | 1 | 6 UT | 2019 | $3,000 |
| LIGHT POLE | 1 | 6 UT | 2019 | $3,000 |
| SIGN | 1 | 1 UT | 2019 | $1,000 |
| Multi-Parcel | Sale Date | Sale Price | Instrument | Book / Page | Qualification | Sale Type | Grantor | Grantee |
|---|---|---|---|---|---|---|---|---|
| N | 07/26/2019 | $2,505,000 | SW | 3856/993856 / 99 | Q | I | VRE PACE LLC | APPLE & APPLE LLC |
| N | 09/14/2018 | $465,000 | WD | 3768/11563768 / 1156 | Q | V | COOK WILLIAM E & GENE COOK REAL EST INVT INC | VRE PACE LLC |
| N | 06/29/2018 | $100 | QD | 3748/16433748 / 1643 | U | V | COOK DAVID E | GENE COOK REAL EST INVT INC |
| N | 07/23/2014 | $100 | QD | 3360/1713360 / 171 | U | V | COOK WILLIAM E | COOK WILLIAM E/GENE COOK REAL EST INVEST INC |
| N | 11/21/2012 | $106,800 | QD | 3193/4463193 / 446 | U | V | MURPHY ROBERT H & TINA C TRUSTEES (1/2 INT) | COOK WILLIAM E |
| N | 03/22/2011 | $50,000 | WD | 3047/7493047 / 749 | U | V | COOK WILLIAM E (AS TO 1/2 INT) (DIE) | COOK DAVID E |
| N | 04/02/2007 | $100 | WD | 2739/4382739 / 438 | U | V | MURPHY ROBERT H (AS TO 1/2 INT) | MURPHY ROBERT H & TINA C AS TRTES MURPHY LVG |
| N | 03/23/2004 | $450,000 | WD | 2275/18962275 / 1896 | U | V | PATRICK LINDA A & MOORE SANDRA D & GRIMSLEY | COOK WILLIAM E & MURPHY ROBERT H |
| N | 07/01/1977 | $50,000 | WD | 403/349403 / 349 | Q | I | GRIMSLEY L W & ELIZABETH M |