NOT LISTED FOR SALE

Estimated Value: $3,570,000 - $4,627,000

4 Beds
4.5 Baths
3,245 Sq Ft
$1,274/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $4,495,000 $1,385 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $24,229/month

Highlights

  • Beach
  • Gulf View
  • Cathedral Ceiling
  • Dune Lakes Elementary School Rated A-
  • Gated Community
  • Beach House

About This Home

As of May 2022

This palatial home has been graciously appointed with spaces that flow seamlessly into one another, creating an open, inviting and spacious feel throughout. Strategically positioned on one of the many green spaces found throughout Grace Point, this coastal retreat showcases the pristine and natural views from the main living areas which blur the line between indoor and out. This home will highlight the effortless combination between form and function. Come be introduced and experience 30A's newest gated beachfront community.

Last Agent to Sell the Property

Hilary & Jacob

Corcoran Reverie SRB Listed on: 03/29/2022

Last Buyer's Agent

Marla Hanna

Corcoran Reverie SRB License #3269040

Corcoran Reverie SRB

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 43 x 70

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Shingle Roof
  • Shake Siding

Interior Spaces

  • 3,245 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Area
  • Wood Flooring
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

  • Bay Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Central Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20-3S-18-16310-000-0300

Community Details

Overview

  • Grace Point Subdivision

Recreation

  • Beach

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$267 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Lot Size: 43 x 70
  • Subdivision Name: Grace Point
  • Directions: From Rosemary Beach head west on 30A for approximately 4 miles. Grace Point is located in between Prominence and The Watersound Beach club. Turn left into the neighborhood on Grace Point Way. Rainer Lane will be on your left.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2022
  • Remarks Misc:Remarks: This palatial home has been graciously appointed with spaces that flow seamlessly into one another, creating an open, inviting and spacious feel throughout. Strategically positioned on one of the many green spaces found throughout Grace Point, this coastal retreat showcases the pristine and natural views from the main living areas which blur the line between indoor and out. This home will highlight the effortless combination between form and function. Come be introduced and experience 30A's newest gated beachfront community.
  • Utilities Electric: Yes
  • Utilities:Public Water: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Water Heater - Gas: Yes
  • Rooms:Family Room: Yes
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Ceiling Cathedral, Ceiling Raised, Fireplace Gas, Floor Hardwood, Furnished - None, Kitchen Island, Lighting Recessed
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Ceiling Cathedral: Yes
  • Appliances:Range Hood: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Fireplace Gas: Yes

Exterior Features

  • View: Gulf
  • Construction Type: Roof Shingle/Shake, Shake Siding
  • Property Condition: Under Construction
  • ConstructionSiding:Siding Shake: Yes
  • Construction Status:Under Construction: Yes
  • ConstructionSiding:Roof ShingleShake: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Gated Community
  • Association #2 Fee: 800.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 3049.2
  • Parcel #: 20-3S-18-16310-000-0300
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
May 10, 2022
Sold by
Pointe Construction Llc
Bought by
Burke Kevin and Neal Christina
Seller's Agent
Hilary & Jacob
Corcoran Reverie SRB
Buyer's Agent
Marla Hanna
Corcoran Reverie SRB
List Price
$4,495,000
Sold Price
$4,495,000
Current Estimated Value
$4,133,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$361,755
Avg. Annual Appreciation
-2.27%

Purchase Details

Closed on
Jul 30, 2020
Sold by
Warbler Properties Llc
Bought by
Pointe Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 30, 2017
Sold by
Malerba Michael
Bought by
Warbler Properties Llc

Purchase Details

Closed on
Mar 1, 2016
Bought by
Malerba Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burke Kevin $4,495,000 Porath & Associates Pa
Pointe Construction Llc $720,000 Attorney
Warbler Properties Llc $581,439 None Available
Malerba Michael $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pointe Construction Llc $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2022 05/12/22 Sold $4,495,000 0.0% $1,385 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $4,495,000 -- $1,385 / 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
2025 $28,445 $3,148,056 $1,275,000 $1,873,056
2024 $30,523 $3,359,190 $1,275,000 $2,084,190
2023 $30,523 $3,359,190 $1,275,000 $2,084,190
2022 $6,243 $687,324 $687,324 $0
2021 $5,819 $601,175 $601,175 $0
2020 $4,932 $550,000 $550,000 $0
2019 $3,938 $396,550 $396,550 $0
2018 $3,839 $385,000 $0 $0
2017 $1,517 $153,010 $153,010 $0
2016 $1,178 $117,700 $0 $0
2015 -- $110,000 $110,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 894368

Emerald Coast Association of REALTORS®

APN: 20-3S-18-16310-000-0300