NOT LISTED FOR SALE

Estimated Value: $823,000 - $903,000

3 Beds
3 Baths
1,623 Sq Ft
$535/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $549,500 $339 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,544/month

Highlights

  • Marina
  • Golf Course Community
  • Gated Community
  • Van R. Butler Elementary School Rated A-
  • Fishing
  • Lake View

About This Home

As of November 2020

This fully furnished adorable Florida Cottage is nestled in the charming Community of Laurel Groves, inside the highly sought after golf cart friendly Sandestin Golf & Beach Resort. It is surrounded by beautiful Pine and Magnolia trees, as well as tranquil sparkling lake views, perfect for relaxing evenings and spectacular sunset views out on the back deck of the wrap-around porch! This charming cottage offers two stories of quiet and serene lakefront living! This Home is beautifully designed with stone floors in the main living areas, granite countertops and stainless-steel appliances. This enchanting cottage already has an Established Rental History perfect for investment opportunities. 2018-2019 +/-$40K annually. MORE PHOTO'S COMING SOON! Even through this highly unusual year for all, this home has still had +/-$33K annual earnings with projections next year estimated to be +/-$42K annual earnings.
The Neighborhood features a community club house, swimming pool, hot tub, fitness room, and a guest kitchen with outdoor BBQ grills. Sandestin Golf and Beach Resort is a major destination for all seasons and all ages. It has been named the #1 resort on Florida's Emerald Coast. This magical resort spans over 2,000 acres. The resort features sugar-white sand beaches and pristine bay views, four championship golf courses, a world-class tennis center with 15 courts, 4 resort swimming pools, a 123-slip marina, fully equipped and professionally staffed fitness center and spa, meeting spaces. Also located in the resort is The Village of Baytowne Wharf, a delightful pedestrian village with events, shopping, dining, family entertainment and nightlife. A true golf cart community-living, Grand Boulevard is just outside the resort gates and provides access to additional shopping, dining and entertainment, all without traveling on Hwy. 98. This delightful cottage is perfect whether you are looking for a Permanent Home, a Second Home or even an Investment Property.

Last Agent to Sell the Property

Paul Couch

EXP Realty LLC License #3239702 Listed on: 10/12/2020

EXP Realty LLC

Last Buyer's Agent

Jennifer Crawford

Keller Williams Realty SRB License #3211611

Keller Williams Realty SRB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,676

Year Built

  • Built in 2006

Lot Details

  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $471 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Exterior Columns
  • Frame Construction
  • Pitched Roof
  • Composition Shingle Roof
  • Wood Trim
  • Cement Board or Planked

Interior Spaces

  • 1,623 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Area
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Schools

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

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-2S-21-42812-000-1282

Community Details

Overview

  • Association fees include accounting, ground keeping, legal, management, master, security, cable TV, trash
  • Laurel Grove Subdivision

Amenities

  • Picnic Area
  • Recreation Room

Recreation

  • Marina
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,676

Year Built

Built in 2006

Lot Details

0

HOA Fees

$471 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: To Be Provided
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: LAUREL GROVE
  • Directions: Take Hwy 98 to Sandestin Resort and enter through the north gate. Right onto Heron Drive then right onto Baytowne Ave. Laurel Grove is on the left. Go left at the roundabout then right onto Laurel Way
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2006
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Waterview:Lake2: Yes
  • Utilities:Underground: Yes
  • Energy:AC - Central Gas: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Cathedral, Floor Tile, Floor WW Carpet, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Ceiling Cathedral: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Lake
  • Construction Type: Frame, Roof Composite Shngl, Roof Pitched, Siding CmntFbrHrdBrd, Trim Wood
  • Exterior Features: Columns, Porch Open, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Columns: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • ConstructionSiding:Trim Wood: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Dumpster, Exercise Room, Fishing, Gated Community, Golf, Marina, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 470.91
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Legal, Management, Master Association, Security, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 26-2S-21-42812-000-1282
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres
  • Lot Features Coastal Barrier Zone: No

Tax Info

  • Tax Annual Amount: 3676.26
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Nov 20, 2020
Sold by
Lee Anita S and Wong Philip H
Bought by
Smith Brandon J and Smith Kristina D
Seller's Agent
Paul Couch
EXP Realty LLC
Buyer's Agent
Jennifer Crawford
Keller Williams Realty SRB
List Price
$549,500
Sold Price
$549,500
Current Estimated Value
$868,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,128
Avg. Annual Appreciation
9.62%
Original Mortgage
$439,600
Outstanding Balance
$392,962
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$465,058

Purchase Details

Listed on
Feb 4, 2018
Closed on
Mar 22, 2018
Sold by
Malec Mark A and Malec Joelle Harris
Bought by
Lee Anita S and Wong Philip H
Seller's Agent
CARLA ABRAHAM
Beach Blue Properties LLC
Buyer's Agent
Jennifer Brown
The Beach Group Properties LLC
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%

Purchase Details

Closed on
Jun 23, 2009
Sold by
Emmons Robert L and Emmons Sarah J
Bought by
Malec Mark A and Malec Joelle Harris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2006
Sold by
Laurel Grove Three Development Co Llc
Bought by
Emmons Robert L and Emmons Sarah J
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
Smith Brandon J $549,500 Bright Line Title Llc
Lee Anita S $475,000 Mcneese Title Llc
Malec Mark A $395,000 Emerald Coast Title Svcs Inc
Emmons Robert L $584,900 Dba Advance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Brandon J $439,600
Previous Owner Malec Mark A $316,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2022 03/08/22 Off Market $549,500 -- --
11/20/2020 11/20/20 Sold $549,500 0.0% $339 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $549,500 +15.7% $339 / Sq Ft
03/22/2018 03/22/18 Sold $475,000 0.0% $293 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
02/04/2018 02/04/18 For Sale $475,000 -- $293 / 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 $5,829 $716,963 $108,692 $608,271
2023 $5,829 $568,831 $0 $0
2022 $5,446 $666,225 $120,648 $545,577
2021 $4,551 $470,108 $105,525 $364,583
2020 $3,914 $392,112 $96,542 $295,570
2019 $3,829 $385,602 $92,829 $292,773
2018 $3,703 $371,361 $0 $0
2017 $3,667 $370,025 $86,659 $283,366
2016 $3,607 $360,469 $0 $0
2015 $3,500 $348,438 $0 $0
2014 $3,184 $308,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 857089

Emerald Coast Association of REALTORS®

APN: 26-2S-21-42812-000-1282