NOT LISTED FOR SALE

112 Bay Magnolia Ln Santa Rosa Beach, FL 32459

Estimated Value: $520,000 - $799,000

3 Beds
2 Baths
1,400 Sq Ft
$488/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $230,000 $164 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $3,926/month

59 Days on Market

Highlights

  • Bay View
  • Hobby Room
  • Tile Flooring
  • Dune Lakes Elementary School Rated A-
  • 2 Car Attached Garage
  • En-Suite Primary Bedroom

About This Home

As of May 2017

REDUCED, REDUCED. Owner says SELL. 3BR/2BA Brick Single Family home just across the street from the Choctawhatchee Bay. Beautiful live oak trees with Spanish Moss, and azalea plantings galore. This charming home features a two car garage, galley kitchen, fireplace with gas logs, and tile throughout the entire house. An added feature is a home office/studio for those hobby's, artist studio, or perhaps a home business. There is no HOA and the neighborhood is quiet, and developed with quality homes that give you a feeling of ''Old Florida''. Great, and unique location close to South Walton High School, South Walton Publix, and a couple of quality restaurants within walking distance. There is a slight Bay view between houses. Ready for your inspection today.

Last Agent to Sell the Property

Maurice Gilbert

Gilbert Realty License #619746 Listed on: 02/03/2017

Last Buyer's Agent

Nikki Nickerson

Keller Williams Realty SRB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $920

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150
  • Property fronts a county road
  • Sprinkler System
  • Lawn Pump
  • Property is zoned County

Parking

  • 2 Car Attached Garage

Home Design

  • Metal Roof
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Hobby Room
  • Tile Flooring
  • Bay Views
  • Fire and Smoke Detector
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Magnolia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-2S-19-24070-002-0030

Home Details

Home Type

Single Family

Est. Annual Taxes

$920

Year Built

Built in 1973 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 75x150
  • Road Frontage Type: County Road
  • Subdivision Name: MAGNOLIA
  • Directions: From Hwy 98 in South Walton, take 331 Hwy North past South Walton High School and then take a right directly after Kathleen's Kottage Antiques onto Bay Magnolia Lane. House #112 will be on your right approx. 300 feet.
  • Architectural Style: Ranch
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1973
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Washers: Yes
  • Waterview:Bay2: Yes
  • Rooms:Hobby Room: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Smoke Detector, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Fireplace, Fireplace Gas, Floor Tile, Furnished - None, Renovated, Washer/Dryer Hookup, Window Treatmnt Some
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Tile: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • View: Bay
  • Construction Type: Roof Metal, Siding Brick Some
  • Exterior Features: Lawn Pump, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Sprinkler System: Yes
  • ConstructionSiding:Siding Brick Some: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Covered
  • Parking Features:Garage Attached: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water

Schools

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

Lot Info

  • Lot Size Sq Ft: 11325.6
  • Parcel #: 29-2S-19-24070-002-0030
  • Zoning: County
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 920.06
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2020
Sold by
Armistead Jennifer L and Green Jennifer L
Bought by
Armistead Jennifer L
Current Estimated Value
$682,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Outstanding Balance
$179,785
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$503,198

Purchase Details

Closed on
Nov 17, 2017
Sold by
Imagine Marketing Inc
Bought by
Green Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,520
Interest Rate
8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 13, 2017
Sold by
Imagine Marketing Inc
Bought by
Green Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,520
Interest Rate
8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 3, 2017
Closed on
May 12, 2017
Sold by
Debrohun L Jarrell
Bought by
Imagine Marketing Inc
Seller's Agent
Maurice Gilbert
Gilbert Realty
Buyer's Agent
Nikki Nickerson
Keller Williams Realty SRB
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%

Purchase Details

Closed on
Aug 9, 2001
Sold by
Russomanno Jan
Bought by
Debrohun L Jarrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.1%
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
Armistead Jennifer L -- Accommodation
Green Jennifer L -- None Available
Green Jennifer L -- None Available
Imagine Marketing Inc $230,000 None Available
Debrohun L Jarrell $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armistead Jennifer L $202,500
Closed Green Jennifer L $172,520
Closed Green Jennifer L $172,520
Previous Owner Debrohun L Jarrell $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2017 05/12/17 Sold $230,000 0.0% $164 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $230,000 -- $164 / 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 $3,610 $655,449 $221,562 $433,887
2023 $3,610 $189,897 $0 $0
2022 $2,139 $295,498 $35,481 $260,017
2021 $1,840 $223,913 $31,034 $192,879
2020 $1,424 $142,673 $28,392 $114,281
2019 $1,385 $139,420 $27,300 $112,120
2018 $1,351 $135,540 $0 $0
2017 $984 $99,294 $0 $0
2016 $920 $91,944 $0 $0
2015 $907 $89,192 $0 $0
2014 $913 $88,567 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 768542

Emerald Coast Association of REALTORS®

APN: 29-2S-19-24070-002-0030