M
Seller's Agent in 2023
Michael Sobik
LPT Realty LLC
(850) 368-8886
19 in this area
24 Total Sales
166 Cove On the Bay Miramar Beach, FL 32550
Estimated Value: $978,000 - $1,721,000
4
Beds
2.5
Baths
1,969
Sq Ft
$726/Sq Ft
Est. Value
Highlights
- Marina
- Boat Dock
- Boat Lift
- Van R. Butler Elementary School Rated A-
- Golf Course Community
- Property Fronts a Bay or Harbor
About This Home
As of January 2023Under contract with a 72 Hour Kick Out Clause In Place. New roof, HVAC, water heater, dock, and boat lift. The only bayfront home listed in Sandestin outside Burnt Pine. Bayfront! Stepping into this home, the peace and serenity granted by the vast views from nearly every room will pull you in. Recently updated throughout, the open floorplan and high ceilings breathe relaxation. The kitchen offers plenty of counter space for prepping and entertaining, a large pantry and dining space.
The master suite is complete with a large walk-in closet, double-vanity, modern soaking tub, and separate shower. The second bedroom downstairs is a kids' haven with double bunkbeds and trendy accessories. Bedrooms three and four are upstairs, both offering expansive Bay views.
Co-Listed By
Tresha Brown
EXP Realty LLC
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,231
Year Built
- Built in 1989
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 164x64x134x26
- Property Fronts a Bay or Harbor
- Property fronts a private road
- Cul-De-Sac
HOA Fees
- $351 Monthly HOA Fees
Parking
- 2 Car Garage
- Automatic Garage Door Opener
Home Design
- Florida Architecture
- Shingle Roof
Interior Spaces
- 1,969 Sq Ft Home
- 2-Story Property
- Wet Bar
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- Fireplace
- Plantation Shutters
- Living Room
- Dining Room
- Screened Porch
- Tile Flooring
- Bay Views
- Exterior Washer Dryer Hookup
Kitchen
- Breakfast Bar
- Electric Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
Outdoor Features
- Boat Lift
- Docks
- Deck
- Open Patio
Schools
- Van R Butler Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 28-2S-21-42300-000-1660
Community Details
Overview
- Association fees include accounting, ground keeping, master, security, cable TV, trash
- Cove On The Bay Subdivision
- The community has rules related to covenants
Recreation
- Boat Dock
- Community Boat Launch
- Marina
- Beach
- Golf Course Community
- Tennis Courts
- Community Pool
- Fishing
Additional Features
- Community Barbecue Grill
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2022
Closed on
Jan 12, 2023
Sold by
Lackey Patrick R and Lackey Lisamarie P
Bought by
Sweetgum Properties Llc
Seller's Agent
Michael Sobik
LPT Realty LLC
Buyer's Agent
Gary Bowman
The Agency Northwest Florida Beaches
List Price
$1,899,000
Sold Price
$1,800,000
Premium/Discount to List
-$99,000
-5.21%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$371,412
Avg. Annual Appreciation
-7.95%
Original Mortgage
$1,125,000
Outstanding Balance
$1,089,505
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$339,083
Purchase Details
Listed on
Jul 26, 2018
Closed on
Jan 18, 2019
Sold by
Lee Rufus E
Bought by
Lackey Patrick R and Lackey Lisamarie P
Seller's Agent
Christine Thompson
The Agency Northwest Florida Beaches
Buyer's Agent
Michael Sobik
LPT Realty LLC
List Price
$716,000
Sold Price
$716,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.99%
Original Mortgage
$487,100
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 20, 2009
Sold by
Lee Mary Julie
Bought by
Lee Rufus E
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sweetgum Properties Llc | $1,800,000 | Rodgers Kiefer Title | |
| Sweetgum Properties Llc | $1,800,000 | Rodgers Kiefer Title | |
| Lackey Patrick R | $716,000 | Vintage Title & Escrow Inc | |
| Lee Rufus E | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sweetgum Properties Llc | $1,125,000 | |
| Closed | Sweetgum Properties Llc | $1,125,000 | |
| Previous Owner | Lackey Patrick R | $487,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/30/2023 04/30/23 | Off Market | $1,800,000 | -- | -- | |
| 01/13/2023 01/13/23 | Sold | $1,800,000 | -5.2% | $914 / Sq Ft | |
| 10/25/2022 10/25/22 | For Sale | $1,899,000 | +165.2% | $964 / Sq Ft | |
| 01/18/2019 01/18/19 | Sold | $716,000 | 0.0% | $357 / Sq Ft | View Prior Sale |
| 12/11/2018 12/11/18 | Pending | -- | -- | -- | |
| 07/26/2018 07/26/18 | For Sale | $716,000 | -- | $357 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $7,504 | $1,229,545 | $325,000 | $904,545 |
| 2023 | $7,504 | $778,897 | $0 | $0 |
| 2022 | $7,081 | $826,309 | $230,063 | $596,246 |
| 2021 | $6,231 | $643,716 | $201,226 | $442,490 |
| 2020 | $6,092 | $610,261 | $184,097 | $426,164 |
| 2019 | $6,002 | $604,343 | $177,016 | $427,327 |
| 2018 | $5,670 | $584,808 | $0 | $0 |
| 2017 | $5,382 | $581,889 | $165,250 | $416,639 |
| 2016 | $4,754 | $493,190 | $0 | $0 |
| 2015 | $4,210 | $414,154 | $0 | $0 |
| 2014 | $4,415 | $428,301 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Sobik
-
T
Seller Co-Listing Agent in 2023
Tresha Brown
EXP Realty LLC
-
Gary Bowman
Buyer's Agent in 2023
Gary Bowman
The Agency Northwest Florida Beaches
(850) 217-8382
110 in this area
125 Total Sales
-
Christine Thompson
Seller's Agent in 2019
Christine Thompson
The Agency Northwest Florida Beaches
(850) 267-5763
133 in this area
143 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 910696
APN: 28-2S-21-42300-000-1660
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