NOT LISTED FOR SALE

1 Palm Dr Shalimar, FL 32579

Estimated Value: $807,000 - $1,218,986

4 Beds
4 Baths
4,338 Sq Ft
$240/Sq Ft Est. Value

Last Sold June 11, 2018

Last sale price $495,000 $114 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $6,293/month

57 Days on Market

Highlights

  • Boathouse
  • Lake Front
  • Parking available for a boat
  • Choctawhatchee Senior High School Rated A-
  • Boat Dock
  • Golf Course Community

About This Home

As of June 2018

Real Estate Owned REO. Executive home on Lake Clyde with Bay access and an awesome view of the Bay and Destin. Large foyer entry with ceiling that vaults to the second story and spiral staircase to the second floor. Formal living room with hardwood floor. Formal dining room with hardwood floor and crown molding. Family room with hardwood floor, wainscoating, gas fireplace, recessed lights, and wet bar. Gourmet kitchen with Corian counter tops and sink, tile floor, European cabinets, Jennaire smoothtop stove, Whirlpool oven and microwave, and Whirlpool dishwasher. Adjoining 19x12 utility room and pantry. Study off the foyer. Spacious Florida room that runs the entire length of the back of the house and overlooks the pool, the lake, and the bay. Call to take a look today. Master bedroom has crown molding, recessed lighting, and a door to the upstairs balcony which also overlooks the pool, lake, and bay. Master bath consists of two rooms, one with a whirlpool tub, separate shower, marble vanity, toilet, bidet, and closets and the other with a vanity and closet. Two of the other five upstairs bedrooms have a shared Hollywood bath with skylight, shower and tub with tile surrounds, tile floor, and pedestal sink. The fourth bedroom has it's own bath with shower and tub with tile surrounds, tile floor, and marble vanity. Also upstairs are a sewing room with built-in cabinets and a separate laundry room. Three geothermal air conditioning and heating systems one for downstairs, second for upstairs, and the third for the Florida room. Both an electric and a gas Rinnai instant hot water heater. lawn pump and pool pump,Central vac, Over-size side-entry two-car garage with door. Water and sewer lines in 2002. Gas includes one of the two hot water heaters, a stove for a gas, fireplace, BBQ, and a gas stub for the pool. Gunite pool and pool deck. Boat house with lift.

Last Agent to Sell the Property

Brandon Jordan

ERA American Real Estate License #3085000 Listed on: 01/02/2018

ERA American Real Estate

Co-Listed By

Sherry Fowler

ERA American Real Estate License #3172199

Last Buyer's Agent

ROBERT HAVRILLA

Non Member Office (NABOR) License #SL3078040

Non Member Office (NABOR)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,528

Year Built

  • Built in 1985

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 140x80x130x102x25x70x149
  • Lake Front
  • Property Fronts a Bay or Harbor
  • Property fronts a county road
  • Back Yard Fenced
  • Corner Lot
  • Sprinkler System
  • Property is zoned County, Resid Single

Parking

  • 2 Car Attached Garage
  • Parking available for a boat
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Off Grade Structure
  • Frame Construction
  • Fiberglass Roof

Interior Spaces

  • 4,338 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Hobby Room
  • Sun or Florida Room
  • Utility Room
  • Bay Views

Kitchen

  • Breakfast Bar
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Dressing Area
  • 4 Full Bathrooms
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Boat Lift
  • Boat Slip
  • Boathouse
  • Docks
  • Balcony
  • Deck
  • Built-In Barbecue

Schools

  • Shalimar Elementary School
  • Meigs Middle School
  • Choctawhatchee High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 09-2S-23-1340-0003-0040

Community Details

Overview

  • Jonita Estates Subdivision

Recreation

  • Boat Dock
  • Community Boat Launch
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,528

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Lot Size: 140X80X130X102X25X70X149
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: EAM4
  • Co List Office Phone: 850-682-4822
  • Subdivision Name: JONITA ESTATES
  • Directions: On Eglin Parkway at Haverty's Furniture in Shalimar go east on Ferry Road, take the next left between the churches, and then take the first right on Meigs Drive. Property sits on the corner of Meigs
  • Architectural Style: Traditional
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1985
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Bay: Yes
  • Waterview:Bay2: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Laundry2: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Water Heater - Gas: Yes
  • Rooms:Family Room: Yes
  • Waterfront:Lake: Yes
  • Rooms:Office2: Yes
  • Rooms:Florida Room: Yes
  • Rooms:Hobby Room: Yes
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Appliances: Central Vacuum, Disposal
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Fireplace, Floor Hardwood, Floor Tile, Floor WW Carpet, Walls Wainscoting, Washer/Dryer Hookup, Wet Bar
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Wet Bar: Yes
  • Interior:Fireplace: Yes
  • Appliances:Central Vacuum: Yes
  • Interior:Walls Wainscoting: Yes

Exterior Features

  • Lot Features: Corner, Survey Available
  • Pool Features: Pool Type
  • View: Bay
  • Waterfront Features: Bay, Lake
  • Waterfront: Yes
  • Construction Type: Brick, Foundation Off Grade, Frame, Roof Fiberglass
  • Exterior Features: Balcony, BBQ Pit/Grill, Boat Slip, Boathouse, Boatlift, Deck Open, Dock, Fenced Back Yard, Fenced Privacy, Pool - In-Ground, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Lot Features:Survey Available: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Pool - In-Ground: Yes
  • ConstructionSiding:Brick: Yes
  • Lot Features:Corner: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Foundation Off Grade: Yes
  • ConstructionSiding:Roof Fiberglass: Yes
  • Exterior:Boat Slip: Yes
  • Exterior:Boathouse: Yes
  • Exterior:Boatlift: Yes
  • Exterior:Dock: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage, Boat, RV
  • Parking Features:Garage Attached: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Boat: Yes
  • Parking Features:RV: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Boat Launch, Dock, Golf, Tennis

Schools

  • Elementary School: Shalimar
  • High School: Choctawhatchee
  • Middle Or Junior School: Meigs

Lot Info

  • Lot Size Sq Ft: 20473.2
  • Parcel #: 09-2S-23-1340-0003-0040
  • Zoning: County, Resid Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2018
Closed on
Jun 2, 2018
Sold by
Santander Bank Na
Bought by
Wallace Kenneth C and Wallace Kenneth William
Seller's Agent
Brandon Jordan
ERA American Real Estate
Buyer's Agent
ROBERT HAVRILLA
Non Member Office (NABOR)
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$1,034,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,894
Avg. Annual Appreciation
10.85%
Original Mortgage
$396,000
Outstanding Balance
$346,044
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$691,222

Purchase Details

Closed on
Jun 9, 2017
Sold by
Kenneth Machuta
Bought by
Santander Bank Na

Purchase Details

Closed on
Dec 22, 2015
Sold by
Knick Lora
Bought by
Machuta Kenneth

Purchase Details

Closed on
Jun 30, 2005
Sold by
Cloern Kenneth W and Cloern Christine F
Bought by
Machuta Kenneth and Knick Lora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2000
Sold by
Nowak R Craig and Nowak Katir M
Bought by
Cloern Kenneth W and Cloern Christine F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,253
Interest Rate
8.14%
Source: Public Records

Range of Values:

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Average Value
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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
Wallace Kenneth C $495,000 Attorney
Santander Bank Na $361,000 Attorney
Machuta Kenneth -- Attorney
Machuta Kenneth $850,000 Dowd Title Group Llc
Cloern Kenneth W -- Associated Land Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Kenneth $165,300
Open Wallace Kenneth C $396,000
Previous Owner Machuta Kenneth $500,000
Previous Owner Cloern Kenneth W $215,253
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2018 06/11/18 Sold $495,000 0.0% $114 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $495,000 -- $114 / Sq Ft
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 $7,528 $671,544 -- --
2023 $7,528 $651,984 $0 $0
2022 $7,412 $632,994 $0 $0
2021 $7,398 $614,557 $0 $0
2020 $7,319 $603,680 $0 $0
2019 $7,259 $591,551 $0 $0
2018 $7,285 $548,759 $0 $0
2017 $6,298 $510,024 $0 $0
2016 $6,131 $499,534 $0 $0
2015 $6,180 $496,062 $0 $0
2014 $6,137 $492,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 779642

Emerald Coast Association of REALTORS®

APN: 09-2S-23-1340-0003-0040