NOT LISTED FOR SALE

10 Cottages at Eastern Lake Santa Rosa Beach, FL 32459

Estimated Value: $1,611,000 - $1,941,000

0.08 Acre
$23,136,299 Price per Acre
3,354 Sq Ft Lot

Last Sold May 29, 2014

Last sale price $140,000

Est. 1,121% increase in value since last sale

Current estimated payment $10,325/month

25 Days on Market

About This Lot

As of May 2014

Cottages at Eastern Lake is a highly desirable community nestled right next to Watersound West Beach, which has much higher values. This is an exceptional opportunity to build your dream home SOUTH of 30A! GREAT value for prospective buyer seeking an architecturally controlled neighborhood! Charming project with palm tree lined streets, brick pavers and an AWESOME community pool! Location is hard to beat considering the close proximity to the beach, Eastern Lake, Seagrove/Seaside/Alys Beach/Rosemary Beach, etc. Since you will only be steps from Eastern Lake and the Gulf of Mexico, you will want to keep your paddle board, kayak or boat ready for easy access to all of your water adventures! Don't worry about build-out time - as there are no requirements, so you can take your time!

Last Agent to Sell the Property

Chris Cope

World Impact Real Estate License #3227245 Listed on: 04/17/2014

World Impact Real Estate

Last Buyer's Agent

Bill Hurlock

The Premier Property Group Seacrest Office License #3242821

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,640

Lot Details

  • Lot Dimensions are 40x85

HOA Fees

  • $160 Monthly HOA Fees

Schools

  • Van R Butler Elementary School
  • Seaside Middle School
  • South Walton High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 19-3S-18-16400-00B-0100

Community Details

Overview

  • Association fees include accounting, advertising, ground keeping
  • Cottages At Eastern Lake Subdivision

Recreation

  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$9,640

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size: 40X85
  • Road Surface Type: Paved Road
  • Subdivision Name: COTTAGES AT EASTERN LAKE
  • Directions: East on Hwy 30-A from 395 turn right on to Lakewood Drive then make a left for Cottages at Eastern Lake. Drive South on Eastern Lake Court and the lot is on the right.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Special Features: None

Utilities

  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Pool, Owners Pets Allowed
  • Association #2 Fee: 480.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Advertising, Ground Keeping

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Seaside

Lot Info

  • Parcel #: 19-3S-18-16400-00B-0100
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2023
Sold by
Averbuch Samuel J and Averbuch Jessica M
Bought by
Revocable Trust and Crum
Current Estimated Value
$1,709,934

Purchase Details

Closed on
Aug 16, 2018
Sold by
Zimmerman Mary Beth and Ward Deborah
Bought by
Averbuch Samuel and Averbush Jessica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 17, 2014
Closed on
Jun 2, 2014
Sold by
Phillips John O and Philipps John D
Bought by
Zimmerman Mary Beth and Ward Deborah
Seller's Agent
Chris Cope
World Impact Real Estate
Buyer's Agent
Bill Hurlock
The Premier Property Group Seacrest Office
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.97%

Purchase Details

Closed on
Dec 21, 2007
Sold by
Watson Land Llc
Bought by
Phillips John D

Purchase Details

Closed on
Sep 8, 2004
Sold by
The Cottages At Eastern Lake Llc
Bought by
Watson Land Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Revocable Trust $1,690,000 None Listed On Document
Averbuch Samuel $750,000 Attorney
Zimmerman Mary Beth $140,000 Blue Title Llc
Phillips John D $153,000 Attorney
Watson Land Llc $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Averbuch Samuel J $626,900
Previous Owner Averbuch Samuel $637,500
Previous Owner Ward Deborah $530,000
Previous Owner Watson Land Llc $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2014 05/29/14 Sold $140,000 0.0% --
05/12/2014 05/12/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $140,000 -- --
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 $9,640 $1,446,263 $305,000 $1,141,263
2023 $9,640 $856,435 $0 $0
2022 $8,891 $1,160,741 $294,210 $866,531
2021 $6,895 $716,995 $197,948 $519,047
2020 $6,423 $643,452 $164,634 $478,818
2019 $6,199 $624,185 $159,839 $464,346
2018 $5,637 $602,646 $0 $0
2017 $6,433 $686,206 $150,800 $535,406
2016 $1,404 $145,000 $0 $0
2015 $1,250 $123,000 $0 $0
2014 $796 $95,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Cope

    Seller's Agent in 2014

    Chris Cope

    World Impact Real Estate

    (850) 221-3975

    15 Total Sales

    Section Image

  • B

    Buyer's Agent in 2014

    Bill Hurlock

    The Premier Property Group Seacrest Office

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 605599

Emerald Coast Association of REALTORS®

APN: 19-3S-18-16400-00B-0100

Florida Walton County Santa Rosa Beach 32459

10 Cottages at Eastern Lake, Santa Rosa Beach, FL

This home is located at 10 Cottages at Eastern Lake, Santa Rosa Beach, FL 32459 since 17 April 2014 and is currently estimated at $1,781,495. 10 Cottages at Eastern Lake is a home located in Walton County with nearby schools including Bay Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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