NOT LISTED FOR SALE

Estimated Value: $1,188,000

0.13 Acre
$9,000,000 Price per Acre
5,750 Sq Ft Lot

Last Sold November 14, 2013

Last sale price $370,000

Est. 221% increase in value since last sale

Current estimated payment $7,435/month

316 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Gulf View
  • Bay Elementary School Rated A-
  • Fishing
  • Gated Community

About This Lot

As of November 2013

Superb Price For A Bank Owned REO Lot Which Adjoins The Community Pool In Heritage Dunes. You Must See This Quaint Gulf Front Community With Only 30 Lots, 16 On The South Side Of Eastern Lake Rd. Rental Restricted So This Community Is Ideal For Primary Or Second Home Ownership Privilege. From Here You Are Only 2.3 Miles To Seaside And Many Excellent Restaurants. Only 2.6 Miles To Publix. Convenient, Yes! Community Is Gated And Has Beautiful Community Swimming Pool (Heated) And Three Beach Accesses. Lot Dimensions Are Taken From Original Plat And Should Be Verified. Call Today To See This Lot And Make It Yours. You Will Be Glad You Did!

Last Agent to Sell the Property

Mark Desalvo

Newman Dailey Resort Properties License #3019075 Listed on: 11/21/2012

Last Buyer's Agent

Genieve Baranowski

World Impact Real Estate License #3198692

World Impact Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,846

Lot Details

  • Lot Dimensions are 56x82x73x65
  • Property fronts a private road
  • Corner Lot
  • Level Lot
  • Irregular Lot

HOA Fees

  • $225 Monthly HOA Fees

Property Views

  • Gulf Views

Schools

  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Gas Available
  • Water Tap Fee Is Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period
  • Assessor Parcel Number 24-3S-19-25480-000-0160

Community Details

Overview

  • Association fees include accounting, ground keeping, management, recreational faclty
  • Heritage Dunes Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Community Pool
  • Fishing
  • Deeded access to the beach

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$8,846

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size: 56X82X73X65
  • Road Frontage Type: Private Road
  • Subdivision Name: HERITAGE DUNES
  • Directions: From Hwy 98 In Walton County, Turn South On County Hwy 395 To County Hwy 30-A. Turn East On Hwy 30-A And Travel Approx 1.6 Miles. Take Eastern Lake Rd Which Splits From Hwy 30-A Approx 0.2 Miles To He
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Utilities:Gas Available: Yes
  • Utilities:Tap Fee Paid: Yes
  • Special Features: RealEstateOwned

Exterior Features

  • Lot Features: Corner, Covenants, Irregular, Level, Restrictions, Within 1/2 Mile to Water
  • View: Gulf
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • Lot Features:Corner: Yes
  • Lot Features:Irregular: Yes

Utilities

  • Utilities: Electric, Phone, Public Sewer, Public Water, Tap Fee Paid, TV Cable, Gas Available
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Fishing, Gated Community, Minimum Rental Prd, Pool, Waterfront, Owners Pets Allowed
  • Association #2 Fee: 675.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management, Recreational Faclty

Schools

  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 24-3S-19-25480-000-0160
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2012
Closed on
Nov 14, 2013
Sold by
Trustmark National Bank
Bought by
Project At Heritage Dunes 16 Llc
Seller's Agent
Mark Desalvo
Newman Dailey Resort Properties
Buyer's Agent
Genieve Baranowski
World Impact Real Estate
List Price
$370,000
Sold Price
$370,000
Current Estimated Value
$1,188,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$818,000
Avg. Annual Appreciation
10.40%
Original Mortgage
$220,000
Outstanding Balance
$165,062
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$1,022,938

Purchase Details

Closed on
Jun 25, 2012
Sold by
Coslik Stephen
Bought by
Trustmark National Bank

Purchase Details

Closed on
Mar 14, 2005
Sold by
Spencer Elizabeth and Jones Rita S
Bought by
Coslik Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$891,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
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
Project At Heritage Dunes 16 Llc $370,000 Attorney
Trustmark National Bank $778,000 Attorney
Coslik Stephen $990,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Project At Heritage Dunes 16 Llc $220,000
Previous Owner Coslik Stephen $891,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2013 11/14/13 Sold $370,000 0.0% --
10/03/2013 10/03/13 Pending -- -- --
11/21/2012 11/21/12 For Sale $370,000 -- --
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 $8,846 $1,320,000 $1,320,000 --
2023 $8,846 $668,622 $0 $0
2022 $5,633 $607,838 $607,838 $0
2021 $5,404 $558,234 $558,234 $0
2020 $5,098 $510,714 $510,714 $0
2019 $4,924 $495,839 $495,839 $0
2018 $4,737 $481,397 $0 $0
2017 $4,319 $445,120 $445,120 $0
2016 $4,086 $428,000 $0 $0
2015 $3,835 $400,000 $0 $0
2014 $3,299 $320,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 587227

Emerald Coast Association of REALTORS®

APN: 24-3S-19-25480-000-0160