NOT LISTED FOR SALE

1014 Magnolia Ln Gulf Breeze, FL 32563

Estimated Value: $856,000 - $1,219,000

5 Beds
3 Baths
2,943 Sq Ft
$352/Sq Ft Est. Value

Last Sold May 22, 2015

Last sale price $610,000 $207 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,221/month

Highlights

  • 60 Feet of Waterfront
  • Docks
  • Boat Slip
  • Oriole Beach Elementary School Rated A-
  • Boat Lift
  • Spa

About This Home

As of May 2015

Incredible Waterfront Home. Tucked away on a cul-de-sac this recently remolded home overlooks Santa Rosa Sound and Portofino Resort. Fantastic waterviews from every room. This 2943sf 5 bedroom 3 bath home features hardwood floors and tile throughout. Huge screened back porch overlooking the sound and a 300' dock with boat lift and covered fish cleaning station. The interior has an open floor plan with two-story ceilings and plenty of natural light. The owner has installed 140 MPH high impact windows and replaced the siding with Hardyplank and stucco and repainted the entire home inside and out. The kitchen features solid surface countertops, stainless steel gas stove, dishwasher and refrigerator, double oven and built-in microwave.

Last Agent to Sell the Property

Bob Kingry

Holley Properties License #541193 Listed on: 11/05/2014

Last Buyer's Agent

Default zDefault Member

Inactive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,706

Year Built

  • Built in 1997 | Remodeled

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 60x200
  • 60 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Home fronts a sound
  • Cul-De-Sac
  • Sprinkler System
  • Lawn Pump

Parking

  • 2 Car Garage
  • 6 Driveway Spaces
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Newly Painted Property
  • Frame Construction
  • Floor Insulation
  • Dimensional Roof
  • Ridge Vents on the Roof
  • Concrete Fiber Board Siding
  • Piling Construction
  • Stucco

Interior Spaces

  • 2,943 Sq Ft Home
  • 3-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Fireplace
  • Double Pane Windows
  • Window Treatments
  • Garden Windows
  • Insulated Doors
  • Great Room
  • Dining Room
  • Home Office
  • Screened Porch
  • Home Security System
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on third floor
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Garden Bath

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Solar Water Heater

Outdoor Features

  • Spa
  • Boat Lift
  • Boat Slip
  • Docks

Schools

  • Oriole Beach Elementary School
  • Gulf Breeze Middle School
  • Gulf Breeze High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Nonesuch Way Subdivision

Listing and Financial Details

  • Assessor Parcel Number 31-2S-28-1030-00000-0280

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,706

Year Built

Built in 1997 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: A
  • Property Sub Type: Detached Single Family
  • Design: Beach House
  • Legal Description: EAST ORIOLE BEACH LOT 28 AS DES IN OR 3346 PG 605
  • List Type: Exclusive Right of Sale
  • Year Built: 1997
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Disposal, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Security System, Stove/Oven Gas
  • Interior Amenities: Ceiling Cathedral, Fireplace, Floor Hardwood, Floor Tile, Furnished - None, Newly Painted, Renovated, Split Bedroom, Washer/Dryer Hookup, Window Garden, Window Treatmnt Some, Woodwork Painted
  • Bedroom Location: Second, Third
  • Lower Floor 1 Bedrooms: 5
  • Mstr Bdrm Mstr Bath: MBath Cultured Mrble, MBath Double Vanity, MBath Garden Tub, MBath Separate Shwr, MBath Tile, MBed Walk-in Closet, MBed Waterfront
  • Master Bedroom: Third
  • Total Bathrooms: 3.00
  • Estimated Heated Cooled Sq Ft: 2943.00
  • Dining Kitchen: Second

Exterior Features

  • Construction Siding: Foundation On Piling, Frame, Roof Dimensional Shg, Siding CmntFbrHrdBrd, Stucco, Trim Vinyl
  • New Construction: Construction Complete
  • Exterior: Boat Slip, Boatlift, Dock, Hot Tub, Lawn Pump, Patio Covered, Porch Screened, Sprinkler System
  • Lot Features: Cul-De-Sac
  • Waterfront: Intracoastal Wtrwy, Sound
  • Waterfront Frontage: 60

Garage/Parking

  • Driveway Spaces: 6.00
  • Garage Spaces: 2.00
  • Parking Features: Garage

Utilities

  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable, Underground

Fee Information

  • Assessment Fees: No
  • New Buyer Fee: No

Schools

  • Elementary School: Oriole Beach
  • Middle School: Gulf Breeze
  • High School: Gulf Breeze

Lot Info

  • Acreage: 0.30
  • Homestead: No
  • Lot Dimensions: 60X200
  • Assessor Parcel Number: 31-2S-28-1030-00000-0280
  • Zoning: Resid Single Family

Green Features

  • Energy Efficiency: AC - Central Elect, AC - High Efficiency, Double Pane Windows, Heat Cntrl Gas, Insulated Doors, Insulated Floors, Ridge Vent, Water Heater - Gas, Water Heater - Solar

Rental Info

  • Is Subject Leased: No

Multi Family

  • Number Stories: 3.0
  • Occupancy Status: Vacant

MLS Schools

  • Elementary School: Oriole Beach
  • High School: Gulf Breeze
  • Middle School: Gulf Breeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2014
Closed on
May 22, 2015
Sold by
Maglane Llc
Bought by
Smith Edward D and Smith Sherrie L
Seller's Agent
Bob Kingry
Holley Properties
Buyer's Agent
Default zDefault Member
Inactive
List Price
$699,000
Sold Price
$610,000
Premium/Discount to List
-$89,000
-12.73%
Current Estimated Value
$1,036,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,301
Avg. Annual Appreciation
5.23%
Original Mortgage
$570,176
Outstanding Balance
$440,989
Interest Rate
3.79%
Mortgage Type
VA
Estimated Equity
$595,312

Purchase Details

Closed on
May 23, 2014
Sold by
Ritchie Charles Burton and Ritchie Stephanie
Bought by
Maglane Llc

Purchase Details

Closed on
Jan 7, 2011
Sold by
Payne Robert T and Payne Carol W
Bought by
Ritchie Charles Burton and Ritchie Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,500
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Smith Edward D $610,000 Emerald Coast Title Inc
Maglane Llc $59,800 Attorney
Ritchie Charles Burton $565,000 Emerald Coast Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Edward D $570,176
Previous Owner Ritchie Charles Burton $395,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2015 05/22/15 Sold $610,000 -12.7% $207 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
11/05/2014 11/05/14 For Sale $699,000 -- $238 / Sq Ft
Source: Navarre Area Board 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 $8,706 $679,878 -- --
2023 $8,706 $660,076 $0 $0
2022 $7,720 $585,279 $0 $0
2021 $7,616 $568,232 $0 $0
2020 $7,489 $560,387 $0 $0
2019 $7,330 $547,788 $0 $0
2018 $7,290 $537,574 $0 $0
2017 $7,176 $526,517 $0 $0
2016 $7,073 $515,688 $0 $0
2015 $6,631 $439,543 $0 $0
2014 $5,342 $386,417 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Navarre Area Board of REALTORS®

MLS Number: 717451

Navarre Area Board of REALTORS®

APN: 31-2S-28-1030-00000-0280