NOT LISTED FOR SALE

Estimated Value: $817,000 - $887,000

3 Beds
3 Baths
1,616 Sq Ft
$523/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $410,000 $254 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $5,401/month

112 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Deeded access to the beach
  • Van R. Butler Elementary School Rated A-
  • On Golf Course
  • Fishing

About This Home

As of June 2017

BEAUTIFUL FLORIDA COASTAL COTTAGE LOCATED IN THE RESORT OF SANDESTIN! Welcome to 1284 Laurel Way, this recently updated Coastal Cottage is tucked away at the end of this charming cul-de-sac with large side yard and two parking spaces. This beautiful 3 bedroom, 3bath cottage includes a master suite opening to the back porch. High quality plantation shutters throughout, beautiful tile flooring in common areas and NEW hardwood floors in the bedrooms add to the charm of this updated cottage. The
kitchen, featuring granite counter tops, stainless appliances and breakfast bar, makes this cottage perfect for full time living, 2nd home or vacation rental. The spacious master suite has a double vanity, garden tub and double closets. The guest bedrooms are large with a good sized closets with full baths. There is an owners closet and extra hall storage closet plus outdoor storage.

Last Agent to Sell the Property

Richard Eimers

Beach Road Realty License #623011 Listed on: 01/21/2017

Last Buyer's Agent

Wanda Duke

Crye-Leike Coastal Realty License #3023935

Crye-Leike Coastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,404

Year Built

  • Built in 2006

Lot Details

  • On Golf Course
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $471 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Beach House
  • Off Grade Structure
  • Frame Construction
  • Composition Shingle Roof
  • Wood Trim
  • Cement Board or Planked

Interior Spaces

  • 1,616 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Shelving
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Cultured Marble Bathroom Countertops
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded access to the beach
  • Covered Patio or Porch

Schools

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

Utilities

  • Multiple cooling system units
  • Air Source Heat Pump
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 26-2S-21-42812-000-1284

Community Details

Overview

  • Association fees include accounting, electricity, insurance, internet service, land recreation, legal, licenses/permits, management, utilities, recreational faclty, repairs/maintenance, services, sewer, water, cable TV, trash
  • Laurel Grove Subdivision
  • The community has rules related to covenants
  • Handicap Modified Features In Community

Amenities

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

Recreation

  • Boat Dock
  • Community Boat Launch
  • Marina
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,404

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: 0.091 acres
  • Road Frontage Type: City Street
  • Subdivision Name: LAUREL GROVE
  • Directions: Turn north into main gate Sandestin Resort, first right at the traffic circle turn right at first stop sign, traveling east along Baytowne Ave., Laurel Grove is approx 3/4 on the left, turn left at the circle, Laurel Way will be the first street on the right, and home is on the left.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2006
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:Heat Pump Air To Air: Yes
  • Energy:AC - 2 or More: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Vaulted, Floor Hardwood, Floor Tile, Furnished - All, Owner's Closet, Pantry, Shelving, Split Bedroom, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Interior:Split Bedroom: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Shelving: Yes

Exterior Features

  • Lot Features: Covenants, Cul-De-Sac, Golf Course, Level, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Foundation Off Grade, Frame, Roof Composite Shngl, Siding CmntFbrHrdBrd, Trim Wood
  • Exterior Features: Patio Covered
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Cul-De-Sac: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Lot Features:Golf Course: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • ConstructionSiding:Trim Wood: Yes
  • ConstructionSiding:Foundation Off Grade: Yes

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Heat Pump Air To Air
  • Heating Yn: Yes
  • Utilities: Community Sewer, Electric, Public Sewer

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Boat Launch, Community Room, Deed Access, Dock, Exercise Room, Fishing, Gated Community, Golf, Handicap Provisions, Marina, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis
  • Association #2 Fee: 471.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Electricity, Insurance, Internet Service, Land Recreation, Legal, Licenses/Permits, Management, Other Utilities, Recreational Faclty, Repairs/Maintenance, Services, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 26-2S-21-42812-000-1284
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3404.03
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2017
Closed on
Jun 30, 2017
Sold by
Spivey Mark and Spivey Mark J
Bought by
Douglas Eric L and Douglas Deana R
Seller's Agent
Richard Eimers
Beach Road Realty
Buyer's Agent
Wanda Duke
Crye-Leike Coastal Realty
List Price
$410,000
Sold Price
$410,000
Current Estimated Value
$844,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,612
Avg. Annual Appreciation
9.20%
Original Mortgage
$260,000
Outstanding Balance
$209,489
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$637,271

Purchase Details

Closed on
Sep 3, 2009
Sold by
Sparks Harold and Smith Marty
Bought by
Spivey Mark J and Grosvenor Mark

Purchase Details

Closed on
Apr 19, 2006
Sold by
Laurel Grove Three Development Co Llc
Bought by
Spivey Mark J and Sparks Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,100
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Douglas Eric L $410,000 Priority Title
Spivey Mark J -- None Available
Spivey Mark J $439,900 Dba Advance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douglas Eric L $260,000
Previous Owner Spivey Mark J $399,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2019 06/23/19 Off Market $410,000 -- --
06/30/2017 06/30/17 Sold $410,000 0.0% $254 / Sq Ft
05/13/2017 05/13/17 Pending -- -- --
01/21/2017 01/21/17 For Sale $410,000 -- $254 / 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 $5,631 $720,236 $103,516 $616,720
2023 $5,631 $524,965 $0 $0
2022 $5,261 $668,361 $114,903 $553,458
2021 $4,374 $470,349 $100,500 $369,849
2020 $3,695 $370,108 $91,945 $278,163
2019 $3,614 $363,942 $88,409 $275,533
2018 $3,495 $350,497 $0 $0
2017 $3,461 $349,212 $82,532 $266,680
2016 $3,404 $340,179 $0 $0
2015 $3,303 $328,794 $0 $0
2014 $3,005 $291,497 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 767613

Emerald Coast Association of REALTORS®

APN: 26-2S-21-42812-000-1284