NOT LISTED FOR SALE

159 Gulfside Way Miramar Beach, FL 32550

Estimated Value: $1,055,323 - $1,431,000

4 Beds
3 Baths
2,228 Sq Ft
$539/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $1,120,000 $503 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,428/month

10 Days on Market

Highlights

  • Vaulted Ceiling
  • Traditional Architecture
  • Bonus Room
  • Van R. Butler Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Cooling System Powered By Gas

About This Home

As of January 2022

High rental income producing property in one of the only cottage communities near the ocean in Miramar Beach and Destin. The Gulfside Cottage community boasts a community pool, gazebo, and a walk path to the beach. The walk to the beach is about 120 steps. The cottage boasts a covered parking area with lockable storage unit for beach gear. The interior has had numerous updates in recent years including flooring, full painting, kitchen remodel, and most of the furniture is newer. The 3rd story crows nest boasts ocean views and a 2nd living area/bonus room. The second floor has an open living/dining area and a large wrap-around patio.

Last Agent to Sell the Property

Stephen Hachey

Flat Fee MLS Realty License #3389117 Listed on: 12/07/2021

Last Buyer's Agent

William Valentine

The Premier Property Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,749

Year Built

  • Built in 2002

Lot Details

  • 6,055

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,228 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room
  • Bonus Room
  • Vinyl Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Destin Elementary School
  • Emerald Coast Middle School
  • Fort Walton Beach High School

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Gulfside Cottages S/D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-2S-21-42530-000-0140

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,749

Year Built

Built in 2002

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Subdivision Name: GULFSIDE COTTAGES S/D
  • Directions: Off Hwy 98 in Miramar Beach
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2002
  • ResoBuildingAreaSource: Appraiser
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Bonus Room: Yes
  • Energy:AC - Central Gas: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Ceiling Raised, Floor Vinyl
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Vinyl: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Siding Vinyl: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features: Other
  • General Property Info:Garage2: No
  • Parking Features:Other3: Yes

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 33-2S-21-42530-000-0140
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2021
Closed on
Jan 20, 2022
Sold by
Tim And Donna Nystrom Living Trust
Bought by
Kuhn Susanne
Seller's Agent
Stephen Hachey
Flat Fee MLS Realty
Buyer's Agent
William Valentine
The Premier Property Group
List Price
$1,120,000
Sold Price
$1,120,000
Current Estimated Value
$1,200,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,831
Avg. Annual Appreciation
1.89%
Original Mortgage
$866,400
Outstanding Balance
$798,496
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$402,335

Purchase Details

Closed on
Mar 1, 2021
Sold by
Nystrom Timothy Castle and Nystrom Donna
Bought by
Nystrom Timothy Castle and Nystrom Donna Lynn

Purchase Details

Listed on
Sep 13, 2012
Closed on
May 9, 2013
Sold by
Vivori Rose Holdings Llc
Bought by
Nystrom Timothy Castle and Bolton Robert J
Seller's Agent
Diane Green
Newman Dailey Resort Properties
Buyer's Agent
Sam Kinkaid
RE/MAX by the Sea
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$393,750
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Hardy William M
Bought by
Vivori Rose Holdings Llc

Purchase Details

Closed on
Apr 29, 2004
Sold by
Hardy Billy K
Bought by
Hardy William M

Purchase Details

Closed on
Sep 5, 2003
Sold by
King Bruce and Polk Sam
Bought by
Hardy William M and Hardy Billy K

Purchase Details

Closed on
Feb 28, 2002
Sold by
Mathews Development Company
Bought by
King Bruce and Polk Sam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
4.87%
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
Kuhn Susanne $1,120,000 Championship Title Agency
Nystrom Timothy Castle -- Attorney
Tim And Donna Nystrom Living Trust $100 Paulter Kristina
Nystrom Timothy Castle $525,000 Mcneese Title Llc
Vivori Rose Holdings Llc $1,223,200 --
Hardy William M -- --
Hardy William M $599,000 --
King Bruce $364,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuhn Susanne $866,400
Previous Owner Nystrom Timothy Castle $393,750
Previous Owner King Bruce $300,700
Closed King Bruce $62,000
Closed Vivori Rose Holdings Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2022 01/25/22 Sold $1,120,000 0.0% $503 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
12/07/2021 12/07/21 For Sale $1,120,000 +113.3% $503 / Sq Ft
05/09/2013 05/09/13 Sold $525,000 0.0% $236 / Sq Ft View Prior Sale
12/04/2012 12/04/12 Pending -- -- --
09/13/2012 09/13/12 For Sale $525,000 -- $236 / 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 $9,749 $1,083,301 $120,553 $962,748
2023 $9,749 $1,072,918 $120,553 $952,365
2022 $6,747 $904,012 $167,268 $736,744
2021 $5,189 $554,500 $146,302 $408,198
2020 $4,702 $471,027 $133,848 $337,179
2019 $4,563 $459,486 $128,700 $330,786
2018 $4,449 $446,171 $0 $0
2017 $4,037 $407,277 $120,146 $287,131
2016 $4,028 $402,519 $0 $0
2015 $3,900 $391,262 $0 $0
2014 $3,517 $341,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephen Hachey

    Seller's Agent in 2022

    Stephen Hachey

    Flat Fee MLS Realty

    (813) 863-3948

    7 in this area

    2,830 Total Sales

    Stephen Hachey
    Section Image

  • W

    Buyer's Agent in 2022

    William Valentine

    The Premier Property Group

  • Rush Valentine

    Buyer's Agent in 2022

    Rush Valentine

    EXP Realty LLC

    (662) 769-2732

    39 in this area

    130 Total Sales

    Rush Valentine
    Section Image
  • Diane Green

    Seller's Agent in 2013

    Diane Green

    Newman Dailey Resort Properties

    (850) 699-7307

    39 in this area

    70 Total Sales

    Diane Green
    Section Image
  • Sam Kinkaid

    Buyer's Agent in 2013

    Sam Kinkaid

    RE/MAX by the Sea

    (850) 585-1387

    16 in this area

    68 Total Sales

    Sam Kinkaid
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 887022

Emerald Coast Association of REALTORS®

APN: 33-2S-21-42530-000-0140

Florida Walton County Miramar Beach 32550

159 Gulfside Way, Miramar Beach, FL

This home is located at 159 Gulfside Way, Miramar Beach, FL 32550 since 07 December 2021 and is currently estimated at $1,200,831, approximately $538 per square foot. This property was built in 2002. 159 Gulfside Way is a home located in Walton County with nearby schools including Van R. Butler Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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