NOT LISTED FOR SALE

Estimated Value: $844,739 - $990,000

3 Beds
4 Baths
1,842 Sq Ft
$488/Sq Ft Est. Value

Last Sold July 07, 2016

Last sale price $485,000 $263 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,659/month

58 Days on Market

Highlights

  • Marina
  • Lake Front
  • On Golf Course
  • Van R. Butler Elementary School Rated A-
  • Boat Dock
  • Fishing

About This Home

As of July 2016

Here it is, the best of the best in the popular neighborhood of Laurel Grove and located in the wonderful Resort of Sandestin. This beautifully maintained, three bedroom, three full and one half bath 1,842 sq. ft. cottage, and conveying fully furnished and turn key ready, enjoys the prime location within the neighborhood. Tucked away privately fronting a large tranquil lake teaming with fish, the home overlooks the 18th hole on the Raven Golf Course and is also adjacent to a green space. In terms of desirable rental property, the gross revenue in 2015 exceeded $60k, and that is with ten weeks of owner use during non-peak seasons! The 2016 gross rentals are on track to do just as well, as it continues to book-up. It is just a short stroll to the neighborhood swimming pool, club house and fitness room, as well. The pool is heated during the peak holiday cool months making Laurel Grove a favorite beach destination all year round. The home now enjoys a following with repeat guests coming back year over year. And no wonder because it is perfect! Professionally decorated with attention to detail, it is truly a delight for the fortunate guests that have had the privilege of vacationing there. It offers all the comforts of home, and then some. The kitchen has just received an update to include granite counter tops, stainless sinks, new faucet and dishwasher. There is also a new washer and dryer in the laundry room, a new hot water heater, and best of all there are two new HVAC systems with long term transferable warranties. One system servicing first floor, and one system servicing the second floor insuring each level is easily and economically cooled and heated. There is also a security/fire and smart home system that has just been added that can be electronically monitored. The master bedroom suite is spacious and located on the first floor with a king bed and access to the porch. The master bath has a separate shower and a large garden tub. This home is one of the only in Laurel Grove with a gas burning, electric start fireplace in the living room. Just flip the switch to enjoy instant coziness, perfect for our coastal evenings in the cooler months. The living room, dining room, and kitchen have access to the back porch and they all overlook the pristine and peaceful views of the lake and over to the golf course and is a safe distance away from any possible stray golf balls... The second floor has two spacious bedrooms, one with those beautiful lake and golf course views. There is a shared Hollywood styled bathroom, but each having it's own sink and toilet, and there is also a large seating/landing area at the top of the stairs with a computer desk and additional sleeping with a sofa bed. The home can comfortably sleep eight. The owners added a large, walk-in (approximately 80 square feet) storage closet upstairs, perfect to secure owner's items if home is rented, or added storage for the primary or second home resident. Beautiful wide plank real, pine wood flooring runs throughout the living room, dining room, foyer and hall, topped with designer rugs. There is fresh carpeting in the bedrooms, and neutral colored tile flooring in the kitchen and baths for easy care. There is also a full sized pantry off the kitchen, and two hall closets on the first floor. The cottage also has new furnishings, bedding, and decor, and has been freshly painted, inside and out. It has always been lovingly cared for by it's owners and is in superb condition and ready for any new owner to simply move in and enjoy. No deferred maintenance here! If that is not enough, the property conveys with a like-new, four seater golf cart and cover, three bikes, an outdoor grill and storage chest, and even fishing poles... Laurel Grove is a wonderful, family friendly, vacation community with lots of room for the children to play. Jump on the golf cart for a quick and fun ride to the Village of Baytowne Wharf for all there is to do there, or over to the marina to rent a kayak or Yolo board. There are many tennis courts, three golf courses, and you can also go over to Grand Blvd. for shopping and delicious dining. Take the golf cart trail through the tunnel, and to the beach for even more fun and enjoy a day in the sun, surf, sand, and watch a magnificent sunset. Or, hop on one of the bikes there at the home, and ride on the trails that front the neighborhood and meander through the resort. Of coarse a nice stroll is always a good idea. Enjoy all that Sandestin has to offer... Do not miss viewing this one, it will not disappoint...

Last Agent to Sell the Property

Susan Marks

Destin Exclusive Real Estate License #3124790 Listed on: 03/31/2016

Last Buyer's Agent

Mike Henderson

The Premier Property Group License #3015138

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,262

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • Lot Dimensions are 74'x39'x71'x36'x20'
  • Lake Front
  • Home fronts a seawall
  • Property fronts a private road
  • On Golf Course
  • Cul-De-Sac
  • Level Lot
  • Sprinkler System

HOA Fees

  • $452 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Newly Painted Property
  • Exterior Columns
  • Frame Construction
  • Dimensional Roof
  • Pitched Roof
  • Ridge Vents on the Roof
  • Composition Shingle Roof
  • Wood Trim
  • Cement Board or Planked

Interior Spaces

  • 1,842 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Shelving
  • Woodwork
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Tinted Windows
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

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

Flooring

  • Wood
  • Painted or Stained Flooring
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Guest Parking
  • Golf Cart Parking

Outdoor Features

  • Bulkhead
  • Built-In Barbecue
  • Porch

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • High Efficiency Heating System
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-2S-21-42810-000-1306

Community Details

Overview

  • Association fees include accounting, ground keeping, management, master, utilities, recreational faclty, security, 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
  • Community Whirlpool Spa
  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,262

Year Built

Built in 2003 | Remodeled

Lot Details

0

HOA Fees

$452 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 74'x39'x71'x36'x20'
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: LAUREL GROVE
  • Directions: Traveling east on Highway 98, turn left (north) into Sandestin Resort. Take the first right at the traffic circle and proceed to the first stop sign. Turn right and go down about one mile along Baytowne Ave., and Laurel Grove is on the left. Proceed into the neighborhood, and take a left at the circle and Laurel Way will be the first street on the left, and home is on the right.
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2003
  • 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
  • Rooms:Living Room: Yes
  • Energy:Heat High Efficiency: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Energy:Ridge Vent: Yes
  • Waterfront:Lake: Yes
  • Energy:Heat - Two or More: Yes
  • Energy:Tinted Windows: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Security System, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Fireplace Gas, Floor Hardwood, Floor Tile, Floor WW Carpet, Furnished - All, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Shelving, Split Bedroom, Walls Wainscoting, Window Treatment All, Woodwork Painted
  • Window Features: Double Pane Windows, Tinted Windows
  • 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
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes
  • Interior:Woodwork Painted: Yes
  • Appliances:Security System: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Shelving: Yes
  • Interior:Walls Wainscoting: Yes

Exterior Features

  • Lot Features: Bulkhead/Seawall, Covenants, Cul-De-Sac, Curb & Gutter, Golf Course, Level, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Frame, Roof Composite Shngl, Roof Dimensional Shg, Roof Pitched, Siding CmntFbrHrdBrd, Slab, Trim Wood
  • Exterior Features: BBQ Pit/Grill, Columns, Porch, Porch Open, Renovated, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Restrictions: Yes
  • Lot Features:BulkheadSeawall: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Sprinkler System: Yes
  • Lot Features:Golf Course: Yes
  • Exterior:Columns: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Exterior:BBQ PitGrill: Yes
  • Lot Features:Curb Gutter: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Golf Cart Open, Guest
  • Parking Features:Guest: Yes
  • Parking Features:Golf Cart Open: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Boat Launch, Community Room, Dock, Exercise Room, Fishing, Gated Community, Golf, Handicap Provisions, Marina, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Project, Tennis, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 451.67
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management, Master Association, Other Utilities, 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-21-42810-000-1306
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3262.41
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2016
Closed on
Jul 6, 2016
Sold by
Tuckamore Llc
Bought by
Wiley Mark and Wiley Cindy
Seller's Agent
Susan Marks
Destin Exclusive Real Estate
Buyer's Agent
Mike Henderson
The Premier Property Group
List Price
$485,000
Sold Price
$485,000
Current Estimated Value
$898,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,185
Avg. Annual Appreciation
6.95%
Original Mortgage
$388,000
Outstanding Balance
$311,994
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$589,107

Purchase Details

Closed on
Aug 27, 2009
Sold by
Kinney Timothy H and Kinney Lynn R
Bought by
Tuckmore Llc

Purchase Details

Closed on
Apr 6, 2005
Sold by
Lyle Wayne W
Bought by
Kinney Timothy H and Kinney Lynn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,000
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2003
Sold by
Intrawest Sandestin Co Llc
Bought by
Lyle Wayne W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.3%
Mortgage Type
Unknown
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
Wiley Mark $485,000 Attorney
Tuckmore Llc $400,000 Attorney
Kinney Timothy H $732,500 Emerald Coast Title Svcs Inc
Lyle Wayne W $439,900 Dba Advance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiley Mark $388,000
Previous Owner Kinney Timothy H $586,000
Previous Owner Lyle Wayne W $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2016 07/07/16 Sold $485,000 0.0% $263 / Sq Ft
05/28/2016 05/28/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $485,000 -- $263 / 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 $5,568 $719,777 $108,692 $611,085
2023 $5,568 $512,097 $0 $0
2022 $5,209 $669,497 $120,648 $548,849
2021 $4,295 $464,613 $105,525 $359,088
2020 $3,841 $384,746 $96,542 $288,204
2019 $3,729 $375,513 $92,829 $282,684
2018 $3,699 $370,924 $0 $0
2017 $3,666 $369,846 $86,659 $283,187
2016 $3,665 $366,246 $0 $0
2015 $3,555 $351,264 $0 $0
2014 $3,262 $316,462 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 735642

Emerald Coast Association of REALTORS®

APN: 26-2S-21-42810-000-1306