NOT LISTED FOR SALE

Estimated Value: $2,225,066 - $3,117,000

0.12 Acre
$21,060,558 Price per Acre
5,227 Sq Ft Lot

Last Sold June 30, 2014

Last sale price $160,000

Est. 1,476% increase in value since last sale

Current estimated payment $15,088/month

10 Days on Market

Highlights

  • Community Pool
  • Bay Elementary School Rated A-
  • Interior Lot

About This Lot

As of June 2014

Wonderful opportunity to have a great building lot in the heart of Seagrove Beach. Magnolia Dunes features a community pool, well-designed homes and convenient access to the beach.

Last Agent to Sell the Property

Will Palmer

Better Homes and Gardens Real Estate Coast Properties License #3097925 Listed on: 05/26/2014

Better Homes and Gardens Real Estate Coast Properties

Last Buyer's Agent

Sterling Rainer

Berkshire Hathaway HomeServices License #3037894

Berkshire Hathaway HomeServices

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,221

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 60x90
  • Interior Lot
  • Level Lot

HOA Fees

  • $179 Monthly HOA Fees

Schools

  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 24-3S-19-25185-000-0120

Community Details

Overview

  • Magnolia Dune Subdivision

Recreation

  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$13,221

Lot Details

0

HOA Fees

$179 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.12
  • Lot Size: 60x90
  • Road Surface Type: Paved Road
  • Subdivision Name: Magnolia Dune
  • Directions: Magnolia Dune is located behind Trustmark Bank in Seagrove Beach, Florida. East of the Tom Thumb convenient store.
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Gas Available: Yes
  • Special Features: RealEstateOwned

Exterior Features

  • Lot Features: Interior, Level, Restrictions, Within 1/2 Mile to Water
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Restrictions: Yes

Utilities

  • Utilities: Public Sewer, Public Water, Gas Available

Condo/Co-op/Association

  • Community Features: Pool
  • Association #2 Fee: 2150.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: 24-3S-19-25185-000-0120
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2018
Sold by
Ford Robert M and Ford Linda
Bought by
Cosgrove Michael A and Cosgrove Amy L
Current Estimated Value
$2,521,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2002
Sold by
Ssi Properties Inc
Bought by
Ford Robert M and Ford Linda

Purchase Details

Closed on
Jul 31, 2002
Sold by
Taylor Kitty and Schissler Kitty
Bought by
Ssi Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.62%
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
Cosgrove Michael A $1,150,000 Mcneese Title Llc
Ford Robert M $7,000 Destin Land & Title Inc
Ssi Properties Inc $500,000 Destin Land & Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cosgrove Michael Arthur $899,000
Closed Cosgrove Michael A $920,000
Previous Owner Ssi Properties Inc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2019 06/23/19 Off Market $160,000 -- --
06/30/2014 06/30/14 Sold $160,000 0.0% --
06/05/2014 06/05/14 Pending -- -- --
05/26/2014 05/26/14 For Sale $160,000 -- --
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 $13,221 $1,955,693 $900,000 $1,055,693
2023 $13,221 $1,110,225 $0 $0
2022 $12,392 $1,702,132 $699,300 $1,002,832
2021 $9,689 $1,086,374 $473,696 $612,678
2020 $8,327 $834,128 $393,975 $440,153
2019 $7,806 $786,012 $382,500 $403,512
2018 $6,824 $686,395 $0 $0
2017 $5,991 $625,689 $315,000 $310,689
2016 $5,295 $529,105 $0 $0
2015 $4,785 $507,575 $0 $0
2014 $3,925 $380,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 706225

Emerald Coast Association of REALTORS®

APN: 17-3S-19-25020-017-0150