NOT LISTED FOR SALE

Estimated Value: $6,459,000 - $15,974,360

7 Beds
10 Baths
8,729 Sq Ft
$1,285/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $10,650,000 $1,220 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $74,251/month

249 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Home Theater
  • Gated Community
  • Bay Elementary School Rated A-
  • Heated In Ground Pool
  • 0.64 Acre Lot

About This Home

As of January 2021

The culmination of meticulous craftsmanship & materials from around the globe, this 7-bedroom, 10-bath Mediterranean estate is a work of art in prestigious Paradise by the Sea. Designed by renowned architect Darrell Russell of A Boheme Design, the home's grand volume is accented by marble floors, hand-applied Venetian plaster, and an elaborate three-story spiral staircase. Beautiful millwork, crown molding, arched windows, columns, and coffered ceilings can be found throughout the home's impressive 8,729 square feet.The main living area takes full advantage of the unspoiled coastal views, providing the perfect backdrop for entertaining, corporate retreat or family gathering anchored around the gas fireplace.

Last Agent to Sell the Property

Kellie Clements

Corcoran Reverie Listed on: 03/26/2020

Co-Listed By

Hilary Farnum-Fasth

Corcoran Reverie

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,651

Year Built

  • Built in 2012

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 62.31 452 x 60.02 x 465
  • Property fronts gulf or ocean

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Electric Gate
  • Additional Parking

Home Design

  • Mediterranean Architecture
  • Stucco

Interior Spaces

  • 8,729 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Home Gym

Kitchen

  • <<doubleOvenToken>>
  • Range Hood
  • <<microwave>>
  • Dishwasher
  • Wine Refrigerator

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Outdoor Kitchen

Schools

  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units

Community Details

Overview

  • Association fees include management, legal/accounting, security
  • Southen Assoc Mgmt Association
  • Paradise By The Sea Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,651

Year Built

Built in 2012

Lot Details

0

HOA Fees

$385 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2012
  • Property Sub Type: Detached
  • Lot Size Acres: 0.64
  • Lot Size: 62.31 452 x 60.02 x 465
  • Co List Office Mls Id: HNR1
  • Co List Office Phone: (850) 231-5030
  • Subdivision Name: Paradise By The Sea
  • Architectural Style: Mediterranean
  • Unit Levels: Three Or More
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Double Oven, Dryer, Dishwasher, Microwave, Range Hood, Wine Refrigerator, Washer
  • Interior Amenities: Elevator, Fireplace, Entrance Foyer
  • Other Equipment: Intercom
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Living Area: 8729.0
  • Dining Room Type: Dining Room, Exercise Room, Foyer, Living Room, Primary Bathroom, Primary Bedroom, Media Room, Office, Recreation
  • ResoLivingAreaSource: Plans

Exterior Features

  • Pool Features: Gas Heat, In Ground, Private, Pool
  • Pool Private: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony, Outdoor Kitchen, Pool
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Additional Parking, Attached, Electric Gate, Garage, Garage Door Opener
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Electric, Multi Units
  • Heating: Central, Electric, Multiple Heating Units
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 4620.0
  • Community Features: Gated
  • Association Fee Frequency: Annually
  • Association Name: Southen Assoc Mgmt
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Association Management, Legal/Accounting, Security

Schools

  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 27878.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 7651.25
  • Tax Year: 2019

MLS Schools

  • High School: South Walton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2022
Sold by
Seacrest Management Llc
Bought by
Henry Beach House Llc
Current Estimated Value
$11,216,680

Purchase Details

Listed on
Mar 26, 2020
Closed on
Jan 4, 2021
Sold by
Petit Parker H
Bought by
Seacrest Management Llc
Seller's Agent
Kellie Clements
Corcoran Reverie
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$11,850,000
Sold Price
$10,650,000
Premium/Discount to List
-$1,200,000
-10.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%

Purchase Details

Closed on
Jul 15, 2008
Sold by
Hansen Michael and Hansen Carolyn
Bought by
Petit Parker H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.03%

Purchase Details

Closed on
Oct 10, 2002
Sold by
Collins John
Bought by
Hansen Michael and Hansen Carolyn
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Henry Beach House Llc $18,900,000 --
Seacrest Management Llc $9,935,000 Attorney
Petit Parker H $1,625,000 Mcneese Title Llc
Hansen Michael $1,110,000 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petit Parker H $4,317,594
Previous Owner Petit Parker H $1,300,000
Previous Owner Collins John L $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Off Market $10,650,000 -- --
01/04/2021 01/04/21 Sold $10,650,000 -10.1% $1,220 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $11,850,000 -- $1,358 / Sq Ft
Source: Central Panhandle 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 $140,871 $15,448,728 $4,200,000 $11,248,728
2023 $140,871 $15,503,447 $4,200,000 $11,303,447
2022 $91,382 $9,860,546 $4,472,590 $5,387,956
2021 $88,439 $9,165,906 $3,895,398 $5,270,508
2020 $82,652 $8,279,805 $3,563,800 $4,716,005
2019 $79,845 $8,039,980 $3,460,000 $4,579,980
2018 $76,753 $7,697,577 $0 $0
2017 $72,484 $7,571,476 $3,190,883 $4,380,593
2016 $66,885 $6,947,604 $0 $0
2015 $61,700 $6,296,773 $0 $0
2014 $55,172 $5,406,773 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 695873

Central Panhandle Association of REALTORS®

APN: 35-3S-18-16020-00A-0160