NOT LISTED FOR SALE

Estimated Value: $489,809 - $615,000

1 Bed
2 Baths
833 Sq Ft
$556/mo HOA Fee

Last Sold May 21, 2020

Last sale price $378,000 $454 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,797/month

14 Days on Market

Highlights

  • Beach
  • Golf Course Community
  • Heated In Ground Pool
  • Van R. Butler Elementary School Rated A-
  • Deeded access to the beach
  • Fishing

About This Home

As of May 2020

THIS IS THE DEAL THAT YOU HAVE BEEN WAITING FOR! This UPDATED and tastefully decorated West end condo offers DIRECT GULF VIEWS from the living, dining, and kitchen areas, and is perfectly positioned on the 3rd floor of the B building of Majestic Sun, which is securely tucked behind the private gates of Seascape Resort! WELL-MAINTAINED & RENTAL READY, this TURN-KEY condo makes the perfect second home or vacation rental investment property with an IMPRESSIVE ESTABLISHED RENTAL HISTORY! Net to Owner (before operating expenses) in 2019 was $46K+ and in 2018 was $51K+. In Fall of 2017, the unit underwent an extensive renovation with no expense spared including Fresh Interior Paint, Custom Refinished Cabinets in the Kitchen, NEW Matching S/S Whirlpool Appliances, NEW Granite Countertops & NEW Backsplash in Kitchen, NEW Furnishings, NEW Shiplap under the breakfast bar, NEW lighting fixtures, and NEW LVP wood flooring in the Master Bedroom with tile floors throughout the rest of the condo! Also, a NEW HVAC System & NEW WATER HEATER were installed in Summer of 2019! You and your guest(s) will enjoy this quintessential condo for years to come! Majestic Sun amenities include a heated indoor pool, an outdoor pool, 2 hot tubs, beach rinse stations by both coded gates leading to your DEEDED BEACH ACCESS, recently renovated with coded entry fitness center, and private owner's club with movie room and kitchen, AS WELL AS Seascape Resort's amenities which include 2000 +/- feet of gorgeous DEEDED BEACH, 300+/- acres of lush greens and tranquil lakes, 18-hole public golf course, tennis, pools, and bike & golf cart rentals. All of which is centrally located along PEDESTRIAN FRIENDLY Scenic 98 with proximity to ALL shopping, restaurants, ice cream shops, and much more! Come see Majestic Sun B307 and see why the BEACH LIFE is a good life! *Buyer to verify all data and information provided herein before submitting an offer. ** Owner's closet contents DO NOT convey with the sale of this property.

Last Agent to Sell the Property

Paul Couch

EXP Realty LLC License #3239702 Listed on: 03/26/2020

EXP Realty LLC

Co-Listed By

Joshua Callahan

Destin Palms Vacations Inc

Last Buyer's Agent

Paul Couch

EXP Realty LLC License #3239702 Listed on: 03/26/2020

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,634

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • 174

HOA Fees

  • $556 Monthly HOA Fees

Home Design

  • Newly Painted Property
  • Concrete Siding
  • Steel Siding
  • Stucco

Interior Spaces

  • 833 Sq Ft Home
  • Furnished
  • Woodwork
  • Wainscoting
  • Ceiling Fan
  • Window Treatments
  • Dining Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Built-In Bunk Beds
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Detached Garage
  • Guest Parking

Outdoor Features

  • Heated In Ground Pool
  • Deeded access to the beach
  • 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 29-2S-21-42502-00B-0307

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, legal, master, recreational faclty, security, sewer, telephone, water, cable TV, trash
  • 144 Buildings
  • 144 Units
  • Majestic Sun Subdivision
  • 12-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room
  • Elevator

Recreation

  • Beach
  • Golf Course Community
  • Tennis Courts
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Building Fire Alarm
  • Storm Doors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,634

Year Built

Built in 2001 | Remodeled

Lot Details

0

HOA Fees

$556 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EDPL
  • Co List Office Phone: 850-424-1091
  • Subdivision Name: MAJESTIC SUN
  • Directions: Heading East on Scenic 98, Majestic Sun, Building B is located on the North side of the road just past the Whale's Tail and Empress. Take a left into Seascape Resort entrance(before Surfside), after getting through the gate guard, take your first left and Majestic Sun B building will be the second building on your left.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 12
  • Year Built: 2001
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Storm Doors: Yes
  • Special Features: None
  • Stories: 12

Interior Features

  • Number Of Buildings: 144
  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Door Features: Storm Door(s)
  • Interior Amenities: Breakfast Bar, Floor Tile, Floor Vinyl, Furnished - All, Hallway Bunk Beds, Newly Painted, Owner's Closet, Pantry, Renovated, Walls Wainscoting, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Stories: 12
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Hallway Bunk Beds: Yes
  • Interior:Walls Wainscoting: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Concrete, Steel, Stucco
  • Exterior Features: Balcony, Patio Covered, Pool - Heated, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Pool - In-Ground: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage Detached, Guest
  • Parking Features:Garage Detached: Yes
  • Parking Features:Guest: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Fishing, Gated Community, Golf, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable
  • Association #2 Fee: 1668.03
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Legal, Master Association, Recreational Faclty, Security, Sewer, Telephone, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 29-2S-21-42502-00B-0307
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 144

Tax Info

  • Tax Annual Amount: 2634.25
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2020
Closed on
May 21, 2020
Sold by
Grates Todd J and Grates Shannon White
Bought by
Urquhart Jason and Urquhart Regina Charlotte
Seller's Agent
Paul Couch
EXP Realty LLC
Buyer's Agent
Paul Couch
EXP Realty LLC
List Price
$378,000
Sold Price
$378,000
Current Estimated Value
$559,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,202
Avg. Annual Appreciation
7.61%
Original Mortgage
$228,000
Outstanding Balance
$202,922
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$355,755

Purchase Details

Closed on
Sep 26, 2017
Sold by
Federal National Mortgage Association
Bought by
Grates Todd J and Grates Shannon White

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2017
Sold by
Fuqua Charles Ronald
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 9, 2014
Sold by
Majestic Sun Condominium
Bought by
Landon Debbra

Purchase Details

Closed on
Jun 7, 2001
Sold by
Florida Condos I Ltd Partnership
Bought by
Fuqua Charles Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,450
Interest Rate
7.17%
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
Urquhart Jason $352,000 Aqua Title Services
Grates Todd J $265,000 First International Title
Federal National Mortgage Association -- None Available
Landon Debbra $15,100 Attorney
Fuqua Charles Ronald $185,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urquhart Jason $228,000
Previous Owner Grates Todd J $198,750
Previous Owner Fuqua Charles R $100,000
Previous Owner Fuqua Charles Ronald $175,000
Previous Owner Fuqua Charles Ronald $148,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2021 10/26/21 Off Market $378,000 -- --
05/21/2020 05/21/20 Sold $378,000 0.0% $454 / Sq Ft
04/09/2020 04/09/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $378,000 -- $454 / 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 $3,453 $422,456 -- $422,456
2023 $3,453 $342,696 $0 $0
2022 $3,132 $367,353 $0 $367,353
2021 $2,741 $283,220 $0 $283,220
2020 $2,730 $273,516 $0 $273,516
2019 $2,634 $268,151 $0 $268,151
2018 $2,378 $238,446 $0 $0
2017 $2,185 $220,478 $0 $220,478
2016 $2,101 $209,983 $0 $0
2015 $2,033 $199,987 $0 $0
2014 $1,868 $181,394 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 843542

Emerald Coast Association of REALTORS®

APN: 29-2S-21-42502-00B-0307