Seller's Agent in 2022
Christopher Harper
LPT Realty LLC
(850) 225-8117
21 in this area
32 Total Sales
119 Snowdrift Rd Miramar Beach, FL 32550
Estimated Value: $2,828,000 - $4,337,000
8
Beds
7.5
Baths
4,224
Sq Ft
$808/Sq Ft
Est. Value
Highlights
- Beach
- Deeded access to the beach
- Gated Community
- Van R. Butler Elementary School Rated A-
- Heated In Ground Pool
- 0.31 Acre Lot
About This Home
As of February 2022Few properties in today's market compare to the benefits presented with this incredible home. The home features 4 Bedrooms on the main level, 2 additional bunk bedrooms upstairs and a carriage home that has 2 bedrooms, 1 bath and a full kitchen and living room as well as a huge game room below just off the pool area. Additionally, the home was completely remodeled with all new impact doors and windows, new standing seem roof, hvac systems, James Hardi siding, paint, concrete epoxy coating on front and garage game room floors, and much more. Notably as well the home is within a gated community with private beach access. But, of course the most important benefit is the homes' desirability on the rental market. With $180,000+ ytd on the books for 2022 and $380,000 in Net projections for 2022 this home is a rental giant in the market at the price point it is in. When looking at the attached Cost to Own spreadsheet, the home produces a staggering 11.41% Cash on Cash Net annual ROI based on the provided rental projections. Furthermore, with discussions in Walton County about rental restrictions be limited to 3 occupants per parking space, this home won't be affected should that pass since the property occupies 10+ cars without the use of the garage. The home accommodates up to 32 guests and will continue to be a popular family retreat for years to come.
Last Agent to Sell the Property
LPT Realty LLC License #3428407 Listed on: 12/18/2021
Co-Listed By
Arlen Busenitz
Amerivest Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,079
Year Built
- Built in 2001
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 75x180
- Back Yard Fenced
Home Design
- Beach House
- Newly Painted Property
- Frame Construction
- Metal Roof
- Vinyl Siding
Interior Spaces
- 4,224 Sq Ft Home
- 2-Story Property
- Furnished
- Shelving
- Crown Molding
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Window Treatments
- Living Room
- Dining Area
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Electric Oven or Range
- Self-Cleaning Oven
- Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- Dressing Area
- Maid or Guest Quarters
- In-Law or Guest Suite
- Dual Vanity Sinks in Primary Bathroom
- Garden Bath
Laundry
- Dryer
- Washer
Parking
- Oversized Parking
- Automatic Garage Door Opener
Pool
- Heated In Ground Pool
- Spa
Outdoor Features
- Deeded access to the beach
- Balcony
- Covered Deck
- Covered Patio or Porch
Schools
- Van R Butler Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 34-2S-21-42210-000-0090
Community Details
Recreation
- Beach
Additional Features
- Snow Drift Beach Subdivision
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 18, 2021
Closed on
Feb 24, 2022
Sold by
Duke and Jennifer
Bought by
Frei Joseph R and Frei Amber M
Seller's Agent
Christopher Harper
LPT Realty LLC
Buyer's Agent
Elizabeth Boswell
The Premier Property Group
List Price
$3,695,000
Sold Price
$3,695,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$282,843
Avg. Annual Appreciation
-2.18%
Original Mortgage
$1,395,000
Outstanding Balance
$1,297,827
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$2,114,330
Purchase Details
Closed on
Mar 13, 2020
Sold by
Duke Jonathan and Duke Jennifer
Bought by
119 Snowdrift Llc
Purchase Details
Listed on
Mar 10, 2014
Closed on
Dec 1, 2014
Sold by
Corrales Michael J
Bought by
Duke Jonathan and Duke Jennifer
Seller's Agent
Jonathan Spears
Compass
Buyer's Agent
Debbie James
Scenic Sotheby's International Realty
List Price
$880,000
Sold Price
$880,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.29%
Original Mortgage
$528,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Apr 20, 2012
Closed on
May 30, 2012
Sold by
Citimortgage Inc
Bought by
Corrales Michael J
Seller's Agent
David Connart
LPT Realty LLC
Buyer's Agent
Jonathan Spears
ecn.unknownoffice
List Price
$690,000
Sold Price
$690,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$517,500
Interest Rate
3.88%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 18, 2011
Sold by
Garner Fred and Mcclure Dennis L
Bought by
Citimortgage Inc
Purchase Details
Closed on
Feb 14, 2008
Sold by
Mitchell Charles J
Bought by
Mcclure Dennis L
Purchase Details
Closed on
Jun 27, 2007
Sold by
Garner Fred and Mcclure Dennis L
Bought by
Mitchell Charles J and Mcclure Dennis L
Purchase Details
Closed on
Sep 20, 2006
Sold by
Visser Kristina and Visser Randy
Bought by
Garner Fred and Mcclure Dennis L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,296,750
Interest Rate
7.75%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 9, 2006
Sold by
Blue Heron Inn Llc
Bought by
Visser Randy and Visser Kristina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Apr 30, 2002
Sold by
Mccool Wayne
Bought by
Blue Heron Inn Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Frei Joseph R | $3,695,000 | South Walton Law Pa | |
| Duke Jonathan | -- | South Walton Law Pa | |
| 119 Snowdrift Llc | -- | Attorney | |
| Duke Jonathan | $880,000 | Aqua Title | |
| Corrales Michael J | $690,000 | Landcastle Title Llc | |
| Citimortgage Inc | -- | None Available | |
| Mcclure Dennis L | -- | Accu Title Agency Inc | |
| Mitchell Charles J | $674,500 | Accu Title Agency Inc | |
| Garner Fred | $1,995,000 | None Available | |
| Visser Randy | $872,100 | None Available | |
| Blue Heron Inn Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Frei Joseph R | $1,395,000 | |
| Previous Owner | Duke Jonathan | $528,000 | |
| Previous Owner | Corrales Michael J | $517,500 | |
| Previous Owner | Garner Fred | $1,296,750 | |
| Previous Owner | Visser Randy | $650,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/18/2024 08/18/24 | Off Market | $3,695,000 | -- | -- | |
| 02/24/2022 02/24/22 | Sold | $3,695,000 | 0.0% | $875 / Sq Ft | |
| 12/30/2021 12/30/21 | Pending | -- | -- | -- | |
| 12/18/2021 12/18/21 | For Sale | $3,695,000 | +435.5% | $875 / Sq Ft | |
| 04/13/2020 04/13/20 | Off Market | $690,000 | -- | -- | |
| 06/23/2019 06/23/19 | Off Market | $880,000 | -- | -- | |
| 12/01/2014 12/01/14 | Sold | $880,000 | 0.0% | $208 / Sq Ft | View Prior Sale |
| 10/16/2014 10/16/14 | Pending | -- | -- | -- | |
| 03/10/2014 03/10/14 | For Sale | $880,000 | +27.5% | $208 / Sq Ft | |
| 06/06/2012 06/06/12 | Sold | $690,000 | 0.0% | $163 / Sq Ft | View Prior Sale |
| 04/26/2012 04/26/12 | Pending | -- | -- | -- | |
| 04/20/2012 04/20/12 | For Sale | $690,000 | -- | $163 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $20,509 | $2,236,529 | $426,197 | $1,810,332 |
| 2023 | $20,509 | $2,257,164 | $426,197 | $1,830,967 |
| 2022 | $13,768 | $1,611,304 | $473,079 | $1,138,225 |
| 2021 | $12,080 | $1,247,957 | $413,783 | $834,174 |
| 2020 | $10,461 | $1,047,935 | $378,560 | $669,375 |
| 2019 | $9,913 | $1,021,791 | $364,000 | $657,791 |
| 2018 | $9,371 | $992,602 | $0 | $0 |
| 2017 | $7,978 | $804,974 | $165,250 | $639,724 |
| 2016 | $8,058 | $805,248 | $0 | $0 |
| 2015 | $7,598 | $747,494 | $0 | $0 |
| 2014 | -- | $746,524 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Harper
-
A
Seller Co-Listing Agent in 2022
Arlen Busenitz
Amerivest Realty
-
Elizabeth Boswell
Buyer's Agent in 2022
Elizabeth Boswell
The Premier Property Group
(850) 543-8128
37 in this area
115 Total Sales
-
Jonathan Spears
Seller's Agent in 2014
Jonathan Spears
Compass
(850) 974-1761
16 Total Sales
-
Debbie James
Buyer's Agent in 2014
Debbie James
Scenic Sotheby's International Realty
(850) 450-2000
6 in this area
80 Total Sales
-
David Connart
Seller's Agent in 2012
David Connart
LPT Realty LLC
(850) 424-3674
15 in this area
72 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 887454
APN: 34-2S-21-42210-000-0090
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