NOT LISTED FOR SALE

12 Magnolia St Santa Rosa Beach, FL 32459

Grayton Beach Neighborhood

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

0.52 Acre
$4,860,129 Price per Acre
22,651 Sq Ft Lot

Last Sold December 03, 2020

Last sale price $200,000

Est. 1,161% increase in value since last sale

Current estimated payment $14,909/month

60 Days on Market

Highlights

  • Bay View
  • 0.52 Acre Lot
  • Level Lot
  • Bay Elementary School Rated A-

About This Lot

As of December 2020

Beautiful half acre lot to build your dream home with bay views. Quiet neighborhood with easy access along Hwy 98 and north on Hwy 331. Plenty of room for a large home and a pool or carriage house. Thomas Pilcher Park just 3/4 of a mile from property for public boat launch, public parking, fishing, and picnicking. Close to restaurants, beaches, shopping and more. Beautiful oaks and magnolias adorn the parcel. A must see, a must have! No Homeowner Association Fees!

Last Agent to Sell the Property

Stephan Mihacevich

Coldwell Banker Realty License #3088526 Listed on: 08/02/2020

Coldwell Banker Realty

Last Buyer's Agent

Seth Matthews

Keller Williams Success Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,221

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 75 x 300
  • Level Lot

Property Views

  • Bay Views

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 29-2S-19-24070-002-0060

Property Details

Property Type

Land

Est. Annual Taxes

$13,221

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.52
  • Lot Size: 75 x 300
  • Road Surface Type: Paved Road
  • Directions: From Hwy 98 turn North onto Hwy 331, take the last right onto Bay Magnolia before the bridge, Go to the end of the street and lot is on the right before the right turn.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterview:Bay2: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Level, Within 1/2 Mile to Water
  • View: Bay
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes

Utilities

  • 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: 22651.2
  • Parcel #: 29-2S-19-24070-002-0060
  • 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
12/03/2020 12/03/20 Sold $200,000 0.0% --
10/01/2020 10/01/20 Pending -- -- --
08/02/2020 08/02/20 For Sale $200,000 -- --
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

  • S

    Seller's Agent in 2020

    Stephan Mihacevich

    Coldwell Banker Realty

    (850) 217-1904

    1 in this area

    18 Total Sales

    Section Image

  • S

    Buyer's Agent in 2020

    Seth Matthews

    Keller Williams Success Realty

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 852194

Emerald Coast Association of REALTORS®

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

Florida Walton County Santa Rosa Beach 32459 Grayton Beach

12 Magnolia St, Santa Rosa Beach, FL

This home is located at 12 Magnolia St, Santa Rosa Beach, FL 32459 since 02 August 2020 and is currently estimated at $2,527,267. 12 Magnolia St is a home located in Walton County with nearby schools including Bay Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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