NOT LISTED FOR SALE

Estimated Value: $989,468 - $1,112,000

4 Beds
3.5 Baths
2,163 Sq Ft
$485/Sq Ft Est. Value

Last Sold April 25, 2018

Last sale price $510,000 $236 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $6,545/month

66 Days on Market

Highlights

  • Marina
  • On Golf Course
  • Gated Community
  • Van R. Butler Elementary School Rated A-
  • Fishing
  • Florida Architecture

About This Home

As of April 2018

RARE 4 BEDROOM COTTAGE AT SANDESTIN GOLF AND BEACH RESORT!!! SIT ON YOUR FRONT OR BACK PORCH AND ENJOY SOUTHERN HOSPITALITY AT ITS BEST. Home is situated on a quiet cul de sac in the LAUREL GROVE community and is ALSO on hole #1 of the RAVEN GOLF COURSE. This 4 Bedroom Cottage has 3.5 baths, stainless appliances, granite countertops, beautiful hardwood floors in the living areas, and relaxing front and back porches. The neighborhood of LAUREL GROVE offers a community pool, hot tub and fitness center and also has access to all of Sandestin's best amenities. The resort has all that you would want in a resort lifestyle such as a Marina, bike trails, golfing, the beach and tennis. This 4 Bedroom home has been used as a second home/vacation rental and has produced strong rental income.

Last Agent to Sell the Property

CARLA ABRAHAM

Beach Blue Properties LLC License #3509151 Listed on: 01/10/2018

Last Buyer's Agent

Heather Parrish

Keller Williams Realty Destin License #3324416

Keller Williams Realty Destin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,248

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 50x70
  • On Golf Course
  • Cul-De-Sac

HOA Fees

  • $471 Monthly HOA Fees

Home Design

  • Florida Architecture

Interior Spaces

  • 2,163 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Fire and Smoke Detector
  • Washer

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-2S-21-42812-000-1292

Community Details

Overview

  • Association fees include security, cable TV, trash
  • Laurel Grove Subdivision

Amenities

  • Community Barbecue Grill
  • 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

$4,248

Year Built

Built in 2006

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 50x70
  • Road Surface Type: Paved
  • Subdivision Name: LAUREL GROVE
  • Directions: Enter Sandestin Resort through the main gate, take a right onto Heron Drive. Go to the stop sign, take a right. Continue on until you arrive at Laurel Grove on the left. Turn left at the club house, then right onto Laurel Way. #1292 Laurel Way is at the end of the cul-de-sac.
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2006
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: 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
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Floor Hardwood, Floor WW Carpet, Washer/Dryer Hookup
  • 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 Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Floor WW Carpet: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Golf Course, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Exterior Features: Porch
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Golf Course: Yes

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: 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-21-42812-000-1292
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4247.69
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2023
Sold by
Loritz Michael and Loritz Crystal
Bought by
Loritz Michael and Loritz Michael
Current Estimated Value
$1,049,117

Purchase Details

Listed on
Jan 10, 2018
Closed on
Apr 25, 2018
Sold by
Wood Erik Glenn
Bought by
Loritz Michael and Loritz Crystal L
Seller's Agent
CARLA ABRAHAM
Beach Blue Properties LLC
Buyer's Agent
Heather Parrish
Keller Williams Realty Destin
List Price
$510,000
Sold Price
$510,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%
Original Mortgage
$433,500
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2015
Sold by
Wood Kelly Jean
Bought by
Wood Erik Glenn

Purchase Details

Closed on
Jan 1, 2015
Bought by
Wood Erik Glenn

Purchase Details

Listed on
Oct 17, 2013
Closed on
Apr 29, 2014
Sold by
Swedish Joseph R and Whitley Edward A
Bought by
Wood Erik G and Wood Kelly J
Seller's Agent
Greg Kohls
Kohls Group LLC
Buyer's Agent
Tula Tucker
Beachy Beach Real Estate
List Price
$519,000
Sold Price
$519,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$350,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2006
Sold by
Laurel Grove Three Development Co Llc
Bought by
Swedish Joseph R and Whitley Edward A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,920
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Loritz Michael $100 None Listed On Document
Loritz Michael $510,000 Aqua Title Services
Wood Erik Glenn -- None Available
Wood Erik Glenn $100 --
Wood Erik G $519,000 Nationwide Title Clearing
Swedish Joseph R $719,900 Dba Advance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loritz Michael $433,500
Previous Owner Wood Erik G $350,000
Previous Owner Swedish Joseph R $575,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2023 04/30/23 Off Market $519,000 -- --
04/25/2018 04/25/18 Sold $510,000 0.0% $236 / Sq Ft
03/17/2018 03/17/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $510,000 -1.7% $236 / Sq Ft
04/30/2014 04/30/14 Sold $519,000 0.0% $240 / Sq Ft
04/05/2014 04/05/14 Pending -- -- --
10/17/2013 10/17/13 For Sale $519,000 -- $240 / 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 $6,657 $860,655 $103,516 $757,139
2023 $6,657 $612,294 $0 $0
2022 $6,199 $793,995 $114,903 $679,092
2021 $5,130 $554,520 $100,500 $454,020
2020 $4,592 $460,025 $91,945 $368,080
2019 $4,499 $453,009 $88,409 $364,600
2018 $4,351 $436,313 $0 $0
2017 $4,316 $435,420 $82,532 $352,888
2016 $4,248 $424,488 $0 $0
2015 $4,179 $411,099 $0 $0
2014 -- $363,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 786157

Emerald Coast Association of REALTORS®

APN: 26-2S-21-42812-000-1292