NOT LISTED FOR SALE

Estimated Value: $792,563 - $977,000

3 Beds
3 Baths
1,623 Sq Ft
$525/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $830,000 $511 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,557/month

71 Days on Market

Highlights

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

About This Home

As of July 2024

Welcome to 1298 Laurel Way, situated on a large corner lot in the charming cottage community of Laurel Grove. As you walk in, you'll be greeted by an open floor plan which features a sturdy limestone tile, kitchen with granite countertops, stainless steel appliances, and an amazing living room with soaring ceilings. The lower level includes 2 bedrooms and 2 bathrooms, one being the Master suite, which features dual sinks, a tub, and a walk-in shower. Both rooms have luxury vinyl plank flooring. Head up to the 2nd floor where you will find the third bedroom featuring a bunk bed and a bathroom with a cool nautical theme, which makes it the perfect setup for the kids! A brand new roof was installed in 2022, brand new water heater in 2021, and HVAC is from 2017. Located within the gates of Sandestin Golf and Beach Resort, you are a golf cart ride away from everything. Including 4 golf courses, Publix, the best shops & restaurants, The Village of Baytowne Wharf, Sandestin Marina, and even Sandestin's own deeded beach access! Whether you're looking for an investment property, vacation home, or primary residence this one's for you!

Last Agent to Sell the Property

Nevan Farias

Compass License #3534340 Listed on: 03/21/2024

Compass

Last Buyer's Agent

Nevan Farias

Compass License #3534340 Listed on: 03/21/2024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,126

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 55x73x55x73
  • Cul-De-Sac
  • Corner Lot

HOA Fees

  • $549 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Exterior Columns
  • Cement Board or Planked

Interior Spaces

  • 1,623 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Living Room
  • Dining Area

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-2S-21-42812-000-1298

Community Details

Overview

  • Association fees include ground keeping, management, master, recreational faclty, security, cable TV, trash
  • Laurel Grove Subdivision
  • The community has rules related to covenants

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,126

Year Built

Built in 2006

Lot Details

0

HOA Fees

$549 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 55x73x55x73
  • Road Surface Type: Paved
  • Subdivision Name: LAUREL GROVE
  • Directions: From Hwy 98, take bayside entrance into Sandestin Resort. Turn right onto Heron Walk Dr. Continue straight through roundabout that turns into Baytowne Ave. E. Pass through one roundabout. Take left onto Laurel Grove Dr. Keep left at the fork. Turn left onto Laurel Way. Home is on the right.
  • 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
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Dining Area: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Cathedral, Floor Tile, Floor Vinyl, Floor WW Carpet, Furnished - All, Owner's Closet, Split Bedroom, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Interior:Ceiling Cathedral: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Split Bedroom: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes

Exterior Features

  • Lot Features: Corner, Covenants, Cul-De-Sac, Restrictions
  • Pool Features: Pool Type
  • Construction Type: Siding CmntFbrHrdBrd
  • Exterior Features: Columns, Patio Covered, Porch
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Restrictions: Yes
  • Exterior:Patio Covered: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Columns: Yes
  • Lot Features:Corner: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: 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, Dock, Exercise Room, Fishing, Gated Community, Golf, Marina, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 549.08
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Management, Master Association, Recreational Faclty, 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-21-42812-000-1298
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Jul 1, 2024
Sold by
Farias Juan A and Farias Audra M
Bought by
Dunn Richard and Dunn Alecia
Seller's Agent
Nevan Farias
Compass
Buyer's Agent
Nevan Farias
Compass
List Price
$875,000
Sold Price
$830,000
Premium/Discount to List
-$45,000
-5.14%
Views
30
Current Estimated Value
$851,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,641
Avg. Annual Appreciation
-0.45%
Original Mortgage
$622,500
Outstanding Balance
$615,656
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$209,750

Purchase Details

Listed on
Mar 3, 2021
Closed on
Apr 23, 2021
Sold by
Dalessandri Silvano J and Dalessandri Jannis A
Bought by
Farias Juan A and Farias Audra M
Seller's Agent
Karen Phillips
The Agency Northwest Florida Beaches
Buyer's Agent
Cheryl Manganiello
Compass
List Price
$620,000
Sold Price
$620,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%
Original Mortgage
$496,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2006
Sold by
Laurel Grove Three Development Co Llc
Bought by
Dalessandri Silvano J and Dalessandri Jannis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,920
Interest Rate
6.87%
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
Dunn Richard $830,000 Emerald Coast Title
Farias Juan A $620,000 Customers First Title Co
Dalessandri Silvano J $489,900 Dba Advance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunn Richard $622,500
Previous Owner Farias Juan A $496,000
Previous Owner Dalessandri Silvano J $391,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $830,000 -5.1% $511 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $875,000 +41.1% $539 / Sq Ft
04/23/2021 04/23/21 Sold $620,000 0.0% $382 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $620,000 0.0% $382 / Sq Ft
02/04/2018 02/04/18 Off Market $2,000 -- --
01/30/2017 01/30/17 Rented $2,250 0.0% --
01/30/2017 01/30/17 Under Contract -- -- --
12/05/2016 12/05/16 For Rent $2,250 0.0% --
02/01/2016 02/01/16 Rented $2,250 0.0% --
02/01/2016 02/01/16 Under Contract -- -- --
12/14/2015 12/14/15 For Rent $2,250 +2.3% --
01/15/2015 01/15/15 Rented $2,200 0.0% --
01/09/2015 01/09/15 Under Contract -- -- --
12/02/2014 12/02/14 For Rent $2,200 +10.0% --
08/12/2012 08/12/12 Rented $2,000 0.0% --
08/12/2012 08/12/12 Under Contract -- -- --
05/08/2012 05/08/12 For Rent $2,000 -- --
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 $6,126 $667,585 $103,516 $564,069
2023 $6,126 $674,144 $103,516 $570,628
2022 $5,756 $621,122 $114,903 $506,219
2021 $4,071 $438,787 $100,500 $338,287
2020 $3,656 $366,197 $91,945 $274,252
2019 $3,576 $360,073 $88,409 $271,664
2018 $3,458 $346,764 $0 $0
2017 $3,424 $345,465 $82,532 $262,933
2016 $3,367 $336,514 $0 $0
2015 $3,267 $325,212 $0 $0
2014 $2,973 $288,345 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 945316

Emerald Coast Association of REALTORS®

APN: 26-2S-21-42812-000-1298