NOT LISTED FOR SALE

Estimated Value: $1,634,000 - $2,567,000

5 Beds
4.5 Baths
2,697 Sq Ft
$806/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $1,360,000 $504 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $13,314/month

120 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Recreation Room
  • Van R. Butler Elementary School Rated A-
  • Gulf View
  • Beach House

About This Home

As of September 2020

Located in the community of Frangista Beach this home has never been rented and is in excellent condition. Just steps from the Gulf this 4 bedroom, 4 bath home features an elevator, a private pool with an outdoor kitchen area that's perfect for summer gatherings, beautiful hardwood floors,central vacuum, two laundry areas, temperature controlled garages, a commercial grade ice machine, and 2,700 sq. ft. Situated on an oversized lot, there is extra parking in the rear of the home unlike any others in Frangista Beach. There are 2 master suites, balconies off every bedroom, and gulf views. Throughout the home there is plenty of natural light with large windows throughout. The spacious kitchen is open to the dining and living area perfect for entertaining guests. This home would make a great rental investment with rental projections of $125,000!! Call us today to see this beautiful home in Frangista Beach!

Last Agent to Sell the Property

Caleb Midgett

Scenic Sotheby's International Realty Brokerage Email: caleb@scenicsir.com License #3125648 Listed on: 04/10/2020

Scenic Sotheby's International Realty

Last Buyer's Agent

John Sullivan

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,093

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 50x100x25x100x25x200
  • Property fronts a county road
  • Back Yard Fenced
  • Interior Lot
  • Irregular Lot

HOA Fees

  • $154 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Oversized Parking
  • Guest Parking

Home Design

  • Beach House
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 2,697 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Central Vacuum
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Recreation Room
  • Wood Flooring
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Balcony
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Built-In Barbecue

Schools

  • Van R Butler Elementary School
  • Destin 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 32-2S-21-42040-00E-0250

Community Details

Overview

  • Association fees include ground keeping, recreational faclty
  • Frangista Beach Subdivision

Recreation

  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,093

Year Built

Built in 2004

Lot Details

0

HOA Fees

$144 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 50x100x25x100x25x200
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Frangista Beach
  • Directions: In Frangista Beach, 2 houses to the west of Miami Street on Scenic Gulf Drive. You can access it also from the rear entrance on Los Angeles St.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2004
  • Attribution Contact: caleb@scenicsir.com
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Elevator, Floor Hardwood, Furnished - All, Window Treatment All
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Window Treatment All: Yes
  • Appliances:Security System: Yes
  • Appliances:Central Vacuum: Yes

Exterior Features

  • Lot Features: Interior, Irregular, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Balcony, BBQ Pit/Grill, Fenced Back Yard, Patio Covered, Shower, Summer Kitchen
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Covered: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:BBQ PitGrill: Yes
  • Lot Features:Irregular: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Garage Detached, Guest, Oversized
  • Parking Features:Garage Attached: Yes
  • Parking Features:Oversized: Yes
  • Parking Features:Garage Detached: Yes
  • Parking Features:Guest: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Pets Allowed, Pool
  • Association #2 Fee: 462.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Recreational Faclty

Schools

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

Lot Info

  • Parcel #: 32-2S-21-42040-00E-0250
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2020
Closed on
Sep 30, 2020
Sold by
Rayball Patrick J and Rayball Barbara J
Bought by
Schmidt Jordan
Seller's Agent
Caleb Midgett
Scenic Sotheby's International Realty
Buyer's Agent
John Sullivan
Scenic Sotheby's International Realty
List Price
$1,360,000
Sold Price
$1,360,000
Current Estimated Value
$2,173,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$813,302
Avg. Annual Appreciation
10.79%
Original Mortgage
$1,020,000
Outstanding Balance
$909,284
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,351,365

Purchase Details

Listed on
Feb 10, 2016
Closed on
May 27, 2016
Sold by
Pittman Michael R and Pittman Bonnie A
Bought by
Rayball Patrick J and Rayball Barbara J
Seller's Agent
Brad Hilderbrand
Coastal Abode
Buyer's Agent
Caleb Midgett
Scenic Sotheby's International Realty
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Original Mortgage
$960,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 2, 2004
Sold by
Frangista Development Co Llc
Bought by
Pittman Michael R and Pittman Bonnie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.87%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Schmidt Jordan $1,360,000 Reliant 850 Title
Rayball Patrick J $1,200,000 Mcneese Title Llc
Pittman Michael R $895,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Jordan $1,020,000
Previous Owner Rayball Patrick J $960,000
Previous Owner Pittman Michael R $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2022 10/24/22 Off Market $1,200,000 -- --
09/30/2020 09/30/20 Sold $1,360,000 0.0% $504 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $1,360,000 +13.3% $504 / Sq Ft
05/27/2016 05/27/16 Sold $1,200,000 0.0% $444 / Sq Ft
04/23/2016 04/23/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $1,200,000 -- $444 / 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 $19,093 $2,212,125 $1,418,750 $793,375
2023 $19,093 $1,539,074 $0 $0
2022 $14,419 $1,730,297 $900,511 $829,786
2021 $12,312 $1,271,962 $653,646 $618,316
2020 $10,949 $1,096,819 $598,004 $498,815
2019 $10,656 $1,075,155 $575,004 $500,151
2018 $9,707 $973,488 $0 $0
2017 $9,533 $961,856 $466,770 $495,086
2016 $6,426 $679,214 $0 $0
2015 $6,482 $674,493 $0 $0
2014 $6,520 $669,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 844447

Emerald Coast Association of REALTORS®

APN: 32-2S-21-42040-00E-0250