NOT LISTED FOR SALE

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

3 Beds
3.5 Baths
2,575 Sq Ft
$981/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $1,150,000 $447 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $14,909/month

208 Days on Market

Highlights

  • Florida Architecture
  • Wood Flooring
  • Furnished
  • Bay Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of May 2018

''Magnolia'' is a custom built 3 bedroom, 3 1/2 bath Grayton Beach cottage with large bunk room and has only had two owners since new. Tucked just off DeFuniak St, at the triangle leading everyone into Grayton Beach, the owners cleverly remodeled this home recently and added a pool, bunk room and two day beds. Lovingly cared for and many appliances are less than a year old. A deep, screened-in front porch provides a quiet secondary living space while the gas fire place framed by floor to ceiling bookcases warms the living room. The large open family area is equipped to entertain large groups...complete with two dining rooms. A planning desk with built in bookcase is right next to the huge walk-in pantry. There are eleven restaurants within easy walking distance and several beach accesses nearby. There are many sayings that fit the lifestyle here in Grayton Beach. "Slow down, you're here!" "Nice Dogs, Strange People" "If you are lucky enough to be at Grayton Beach, you're lucky enough!" Drive down the streets with canopies of trees that shade the roads and bicycle paths. Meander down to the beach for sunset and stop for a drink at Chringos, AJ's, the Craft Bar or the Red Bar. Rent bikes, Yolo boards or Kayaks for some morning exercise. This is the real Florida and the Beaches of South Walton! Sleeps 12 and is a rental machine but also perfect for a second home. Sold completely furnished (Beau Interiors) with some art work excluded.

Last Agent to Sell the Property

Scott Provow

Scott Provow Realty License #3116665 Listed on: 09/05/2017

Last Buyer's Agent

Scott Provow

The Beach Group Properties LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,221

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 50x140
  • Property fronts a county road
  • Back Yard Fenced
  • Level Lot
  • Property is zoned Deed Restrictions, Resid

Home Design

  • Florida Architecture
  • Frame Construction
  • Metal Roof
  • Wood Trim
  • Piling Construction

Interior Spaces

  • 2,575 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-in Bookshelves
  • Shelving
  • Woodwork
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Window Treatments
  • Great Room
  • Sitting Room
  • Living Room
  • Dining Area
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered Deck

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Multiple Water Heaters
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Grayton Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17-3S-19-25020-017-0150

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,221

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 50X140
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: GRAYTON BEACH
  • Directions: Turn South off HWY 98 onto HWY 283 and drive 1.5 Miles to the intersection of 283 and Co Hwy 30A. Continue straight through the intersection into the beach community of Grayton Beach. At the first stop sign, after crossing 30A, look to your right, take a right as the road angles to your right and the house is the first house on your right...12 Magnolia. Right!
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1994
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Dining Area: Yes
  • Rooms:Sitting Room: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Great Room: Yes
  • Energy:Heat Cntrl Gas: Yes
  • Energy:Water Heater - Gas: Yes
  • Energy:Water Heater - Two: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Trash Compactor, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Fireplace, Floor Hardwood, Furnished - All, Kitchen Island, Lighting Recessed, Owner's Closet, Shelving, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Trash Compactor: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Shelving: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Lot Features: Level
  • Pool Features: Pool Type
  • Construction Type: Foundation On Piling, Frame, Roof Metal, Trim Wood
  • Exterior Features: Deck Enclosed, Fenced Back Yard, Porch Screened
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Porch Screened: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Exterior:Deck Enclosed: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 17-3S-19-25020-017-0150
  • Zoning: Deed Restrictions, Resid
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2017
Closed on
May 4, 2018
Sold by
Ford Robert M and Ford Linda
Bought by
Cosgrove Michael A and Cosgrove Amy L
Seller's Agent
Scott Provow
Scott Provow Realty
Buyer's Agent
Scott Provow
The Beach Group Properties LLC
List Price
$1,150,000
Sold Price
$1,150,000
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.
Estimated Appreciation
$1,371,607
Avg. Annual Appreciation
11.42%
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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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 $1,150,000 -- --
05/04/2018 05/04/18 Sold $1,150,000 0.0% $447 / Sq Ft
04/01/2018 04/01/18 Pending -- -- --
09/05/2017 09/05/17 For Sale $1,150,000 -- $447 / 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 $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: 782669

Emerald Coast Association of REALTORS®

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