NOT LISTED FOR SALE

1409 W Highway 98 Unit 102 Mary Esther, FL 32569

Estimated Value: $350,000 - $373,000

3 Beds
2 Baths
1,533 Sq Ft
0.8 Acres

Last Sold December 03, 2015

Last sale price $177,000 $115 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,175/month

Highlights

  • Bonus Room
  • Cooling Available
  • Central Heating
  • Florosa Elementary School Rated 9+
  • Laundry Room
  • Dining Room

About This Home

As of March 2018

Spectacular Views of the Intercoastal Waterway and Boat Traffic!!! Three bedrooms plus bonus room for office/media/play room/your choice. Sit on your porch or pool deck and watch the water activities. GREAT LOCATION, minutes from Hurlburt AFB, Mary Esther Mall, Restaurants, Movies, Schools. Covered parking .

Last Agent to Rent the Property

Tawney Felde

Wimco Realty Rentals Inc License #3276551 Listed on: 02/07/2018

Last Renter's Agent

Tawney Felde

Wimco Realty Rentals Inc License #3276551 Listed on: 02/07/2018

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,509

Year Built

  • 2000

Lot Details

  • 0.8

Parking

  • Carport

Interior Spaces

  • 1,533 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Florosa Elementary School
  • Bruner Middle School
  • Fort Walton Beach High School

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater

Community Details

  • Rum Island Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-2S-25-1893-0000-0102

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,509

Year Built

2000

Lot Details

0

Rental Info

  • Rental Info Lease Start Date: 2018-03-26

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Subdivision Name: Rum Island Condominiums
  • Directions: From our office drive south on Mary Esther Blvd, Turn right onto Hwy 98, Drive approx. 3 miles west, make a left turn/slight U-turn at Sunrise Marine into complex.
  • Architectural Style: Condominium
  • Building Stories: 1
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Dining Room: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Bonus Room: Yes
  • Special Features: None
  • Stories: 1
  • Year Built: 2000

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Master Bedroom:First: Yes

Schools

  • Elementary School: Florosa
  • High School: Fort Walton Beach
  • Middle Or Junior School: Bruner

Lot Info

  • Parcel #: 14-2S-25-1893-0000-0102
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2015
Closed on
Dec 3, 2015
Sold by
Schermerhorn Donald
Bought by
Baird Rick A
Seller's Agent
Claudette Heinrich
Claudette Heinrich Realty Inc
Buyer's Agent
Lisa Allen
Century 21 Wimco Realty Inc
List Price
$177,000
Sold Price
$177,000
Current Estimated Value
$358,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,979
Avg. Annual Appreciation
7.40%
Original Mortgage
$112,000
Outstanding Balance
$88,454
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$270,525

Purchase Details

Closed on
Apr 30, 2004
Sold by
Mcknight Willis S
Bought by
Schermerhorn Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,850
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2000
Sold by
Rum Island Development Inc
Bought by
Mcknight Willis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,100
Interest Rate
7.18%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Baird Rick A $177,000 Mti Title Ins Agency Inc
Schermerhorn Donald $225,000 --
Mcknight Willis S $169,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baird Rick A $112,000
Previous Owner Schermerhorn Donald $193,850
Previous Owner Mcknight Willis S $152,100
Closed Schermerhorn Donald $36,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2018 03/16/18 Rented $1,500 0.0% --
03/16/2018 03/16/18 Under Contract -- -- --
02/07/2018 02/07/18 For Rent $1,500 0.0% --
12/03/2015 12/03/15 Sold $177,000 0.0% $115 / Sq Ft View Prior Sale
09/21/2015 09/21/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $177,000 0.0% $115 / Sq Ft
02/01/2014 02/01/14 Rented $1,200 0.0% --
02/01/2014 02/01/14 Under Contract -- -- --
08/05/2013 08/05/13 For Rent $1,200 -- --
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 $3,509 $320,000 -- $320,000
2023 $3,509 $320,000 $0 $320,000
2022 $3,105 $285,000 $0 $285,000
2021 $2,656 $215,000 $0 $215,000
2020 $2,470 $210,000 $0 $210,000
2019 $2,196 $185,000 $0 $185,000
2018 $2,052 $185,000 $0 $0
2017 $1,810 $154,000 $0 $0
2016 $1,763 $151,000 $0 $0
2015 $1,940 $161,000 $0 $0
2014 $1,880 $154,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 743807

Emerald Coast Association of REALTORS®

APN: 14-2S-25-1893-0000-0102