NOT LISTED FOR SALE

Estimated Value: $1,215,000 - $1,590,000

4 Beds
4.5 Baths
2,398 Sq Ft
$558/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $1,100,000 $459 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,911/month

32 Days on Market

Highlights

  • Gated Community
  • Florida Architecture
  • Home Office
  • Van R. Butler Elementary School Rated A-
  • Community Pool
  • Covered Patio or Porch

About This Home

As of February 2022

Only blocks from the Gulf of Mexico, 163 Penelope is a must-see! This four-bedroom, 4.5 bath (with bonus room) is an Oasis of the Emerald Coast. Enjoy an expansive fenced backyard that protects healthy ferns and Jasmine, fruit-bearing lemon and orange trees, and the tropical bird of paradise. While sipping your morning coffee nestled among split-leaf philodendron and Japanese maples, enjoy listening to the Gulf Waves in the distance. Feel free to envision the installation of your Large private pool and tiki area to increase both short-term rental potential or for personal pleasure. Once inside, the beauty begins.
Enjoy a partially furnished coastal abode with custom appointments, featuring granite countertops and custom cabinetry.

Last Agent to Sell the Property

Chris Taylor

Ocean Reef Realty Inc License #3045239 Listed on: 12/11/2021

Co-Listed By

Joshua Weddington

Ocean Reef Realty Inc

Last Buyer's Agent

MATT GARDNER

EXP Realty LLC License #3426679

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,675

Year Built

  • Built in 2017

Lot Details

  • Property fronts a county road
  • Cul-De-Sac
  • Partially Fenced Property

HOA Fees

  • $142 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Florida Architecture
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 2,398 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Recessed Lighting
  • Window Treatments
  • Living Room
  • Dining Room
  • Home Office

Kitchen

  • Walk-In Pantry
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Water Tap Fee Is Paid
  • Private Company Owned Well
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 29-2S-21-42060-00B-0040

Community Details

Overview

  • Association fees include accounting, management, master, recreational faclty
  • Frangista Beach 3Rd Addn Subdivision
  • The community has rules related to covenants

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,675

Year Built

Built in 2017

Lot Details

0

HOA Fees

$142 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: n/a
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: EORR
  • Co List Office Phone: 850-837-3935
  • Subdivision Name: FRANGISTA BEACH 3RD ADDN
  • Directions: Turn Right onto Miami Street from Scenic Gulf Drive/Scenic Highway 98, left on W Palm Beach that turns into Charlotte, follow Charlotte to Penelope St turn left. House is located on the left side of cul de sac. Gate entering community.
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2017
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Utilities:Private Well: Yes
  • Utilities:Tap Fee Paid: Yes
  • Rooms:Covered Porch: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Storm Windows: Yes
  • Rooms:Office2: Yes
  • Energy:Storm Doors: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Interior Amenities: Floor Laminate, Floor WW Carpet, Furnished - Some, Lighting Recessed, Pantry, Window Treatment All
  • Window Features: Storm Window(s)
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Floor Laminate: Yes

Exterior Features

  • Lot Features: Covenants, Cul-De-Sac, Restrictions
  • Pool Features: Pool Type
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Fenced Lot-Part, Porch Open
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Private Well, Public Sewer, Public Water, Tap Fee Paid

Condo/Co-op/Association

  • Community Features: Gated Community, Pool
  • Association #2 Fee: 425.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Management, Master Association, Recreational Faclty

Schools

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

Lot Info

  • Parcel #: 29-2S-21-42060-00B-0040
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3675.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2022
Sold by
Sepka Jeanine and Sepka Daniel S
Bought by
Property Warriors Llc
Current Estimated Value
$1,276,139

Purchase Details

Listed on
Dec 11, 2021
Closed on
Feb 17, 2022
Sold by
Sansom Dean A and Sansom Heather G
Bought by
Sepka Jeanine and Sepka Daniel S
Seller's Agent
Chris Taylor
Ocean Reef Realty Inc
Buyer's Agent
MATT GARDNER
EXP Realty LLC
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$990,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2017
Sold by
Walker Properties Investments Llc
Bought by
J Dog Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,200
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2015
Sold by
Scarlett Lilly Investments Llc
Bought by
Walker Property Investments Llc and J Dog Llc

Purchase Details

Closed on
Mar 31, 2015
Sold by
Penelope Ruth Inc
Bought by
Scarlett Lilly Investments Llc
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
Property Warriors Llc $975,622 --
Sepka Jeanine $1,100,000 Bright Line Title
J Dog Llc $530,250 Attorney
Not Provided -- Attorney
Walker Property Investments Llc $324,000 Attorney
Scarlett Lilly Investments Llc $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sepka Jeanine $990,000
Previous Owner Not Provided $424,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $1,100,000 0.0% $459 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
12/11/2021 12/11/21 For Sale $1,100,000 -- $459 / 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 $9,785 $1,076,907 $495,000 $581,907
2023 $9,785 $1,076,907 $495,000 $581,907
2022 $3,742 $441,919 $0 $0
2021 $3,789 $429,048 $0 $0
2020 $3,852 $427,539 $128,711 $298,828
2019 $3,737 $413,611 $123,761 $289,850
2018 $3,817 $382,852 $0 $0
2017 $996 $100,465 $100,465 $0
2016 $921 $92,001 $0 $0
2015 $698 $90,508 $0 $0
2014 $587 $71,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 887279

Emerald Coast Association of REALTORS®

APN: 29-2S-21-42060-00B-0040