NOT LISTED FOR SALE

169 Cove Dr Miramar Beach, FL 32550

Estimated Value: $1,112,559 - $1,524,000

3 Beds
3.5 Baths
2,609 Sq Ft
$485/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $1,150,000 $441 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,350/month

43 Days on Market

Highlights

  • Lake Front
  • Gated with Attendant
  • Deck
  • Van R. Butler Elementary School Rated A-
  • Bay View
  • Florida Architecture

About This Home

As of March 2024

Immerse yourself in 169 Cove Drive, a splendid 2-story Florida Cottage situated in the prestigious COVE ON THE BAY in Sandestin Resort. Covering an impressive 2,609 sqft, this 3-bedroom, 3.5-bath residence artfully marries timeless charm with modern sophistication. Upon entrance, you will be welcomed by the radiant open-concept design connecting the living, dining, and kitchen domains. Expansive windows unveil breathtaking vistas of the golf course, serene lake, and the distant bay, offering a backdrop that is nothing short of picturesque. The state-of-the-art kitchen, accentuated with top-tier appliances and a welcoming breakfast bar, is a testament to modern functionality. Of special note are the dual master suites. The second-floor suite radiates luxury with its bay-facing deck expansive sitting area, and an ensuite bath boasting a garden tub and twin vanities. Freshly painted interiors, complemented by plantation shutters, mirrored elements, and a cozy fireplace, infuse elegance throughout.Recent enhancements include a brand-new roof and the addition of robust hardie board siding, underscoring the home's commitment to quality. The exterior space is equally inviting, with a sunlit deck and an enveloping porch - perfect for serene moments.A defining feature for discerning buyers: unlike many neighborhoods in this vacation-rich area, COVE ON THE BAY expressly prohibits short-term rentals. This ensures an environment ideal for year-round living or a tranquil second home, away from the hustle and bustle of transient stays.Residents further benefit from a plethora of Sandestin Resort amenities, such as a BBQ pit/grill, beach access, a renowned golf course, and tennis courts, all secured within a gated community which you can enjoy on the golf cart which conveys with the purchase of this home!!For those seeking a harmonious blend of luxury, tranquility, and exclusivity, this home stands unparalleled. To fully appreciate its offering, consider a personal tour. All ages, Room Sizes and measurements are approximate. Please verify if important.

Last Agent to Sell the Property

Darrell Turner

Counts Real Estate Group Inc License #3249862 Listed on: 01/10/2024

Counts Real Estate Group Inc

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,076

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • 6,534 Sq Ft Lot
  • Lake Front
  • Sprinkler System

HOA Fees

  • $216 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Bay
  • Lake

Home Design

  • Florida Architecture
  • Shingle Roof
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 2,609 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Plantation Shutters
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include pool(s), security, trash
  • Ecam Association
  • Sandestin Resort Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,076

Year Built

Built in 1991 | Remodeled

Lot Details

0

HOA Fees

$216 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Property Sub Type: Detached
  • Lot Size Acres: 0.15
  • Subdivision Name: Sandestin Resort
  • Architectural Style: Florida
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Fireplace, Kitchen Island, Pantry, Remodeled, Shutters
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 2609.0
  • Dining Room Type: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
  • Stories: 2
  • Window Features: Plantation Shutters
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • View: Bay, Lake
  • View: Yes
  • Waterfront Features: Lake, Lake Front
  • Waterfront: Yes
  • Construction Type: HardiPlank Type
  • Exterior Features: Built-in Barbecue, Balcony, Deck, Sprinkler/Irrigation, Porch
  • Patio And Porch Features: Balcony, Covered, Deck, Open, Porch
  • Property Condition: Updated/Remodeled
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Garage: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Security Features: Gated with Guard, Gated Community
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 216.33
  • Community Features: Gated
  • Association Fee Frequency: Monthly
  • Association Name: ECAM
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Pool(s), Security, Trash

Lot Info

  • Lot Size Sq Ft: 6534.0

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Annual Amount: 6076.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
Mar 26, 2024
Sold by
Paulk Richard D and Paulk Mary C
Bought by
Haneman Mark William and Haneman Mary Anne
Seller's Agent
Darrell Turner
Counts Real Estate Group Inc
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$1,295,500
Sold Price
$1,150,000
Premium/Discount to List
-$145,500
-11.23%
Views
69
Current Estimated Value
$1,266,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,390
Avg. Annual Appreciation
6.25%

Purchase Details

Closed on
Sep 21, 2009
Sold by
Speigner Danny R and Speigner Deborah M
Bought by
Paulk Richard D and Paulk Mary C

Purchase Details

Closed on
Mar 3, 2009
Sold by
Smith Robert A
Bought by
Speigner Danny R and Speigner Deborah M

Purchase Details

Closed on
Aug 5, 2004
Sold by
Stange Walter Michael and Stange Deidra
Bought by
Smith Robert A

Purchase Details

Closed on
May 26, 2000
Sold by
Intrawest Sandestin Company Llc
Bought by
Stange Walter Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.27%
Mortgage Type
Seller Take Back
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
Haneman Mark William $1,150,000 30A Title Llc
Haneman Mark William $1,150,000 30A Title Llc
Paulk Richard D $548,000 South Walton Title Inc
Speigner Danny R $300,000 Attorney
Smith Robert A $555,000 Dba Advance Title
Stange Walter Michael $200,000 Advance Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stange Walter Michael $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2024 03/26/24 Sold $1,150,000 -11.2% $441 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $1,295,500 -- $497 / 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 $6,076 $1,050,918 $166,750 $884,168
2023 $6,076 $612,409 $0 $0
2022 $5,643 $666,907 $84,356 $582,551
2021 $4,899 $506,123 $73,783 $432,340
2020 $4,830 $483,862 $67,502 $416,360
2019 $4,791 $482,404 $64,906 $417,498
2018 $4,722 $473,561 $0 $0
2017 $4,696 $473,763 $60,591 $413,172
2016 $4,627 $462,396 $0 $0
2015 $4,357 $428,670 $0 $0
2014 $5,072 $491,982 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 751175

Central Panhandle Association of REALTORS®

APN: 28-2S-21-42300-000-1690