NOT LISTED FOR SALE

Estimated Value: $946,241 - $1,476,000

3 Beds
3 Baths
1,225 Sq Ft
$917/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $840,000 $686 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,892/month

15 Days on Market

Highlights

  • Beach
  • Private Pool
  • Bonus Room
  • Dune Lakes Elementary School Rated A-
  • Florida Architecture
  • Furnished

About This Home

As of November 2021

One of the lowest priced homes on 30a with deeded beach access. This stunning Florida Cottage is the most desirable floor plan, the Cedar Key floor plan. Beautifully constructed and primely located just steps from deeded beach access, this exceptional 1,225 square foot, three bedroom home features premium finishes with unparalleled interior design and professional decor. Characterized by Florida coastal cottage design, this charming coastal retreat makes the perfect secondary home with easy beach access and great short term rental opportunity (home easily sleeps 6 people).

Last Agent to Sell the Property

Mike Herring

Keller Williams Realty Emerald License #3256219 Listed on: 09/23/2021

Keller Williams Realty Emerald

Co-Listed By

Non Member

NON-MEMBER OFFICE

Last Buyer's Agent

John Lavin

RE/Max on the Gulf

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,099

Year Built

  • Built in 2005

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 45x90

HOA Fees

  • $189 Monthly HOA Fees

Home Design

  • Florida Architecture
  • HardiePlank Type

Interior Spaces

  • 1,225 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Dining Room
  • Bonus Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool
  • Outdoor Shower

Outdoor Features

  • Screened Patio
  • Porch

Schools

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

Utilities

  • Cooling Available

Community Details

Overview

  • Association fees include legal/accounting, ground maintenance, pool(s), recreation facilities

Recreation

  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,099

Year Built

Built in 2005

Lot Details

0

HOA Fees

$189 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Detached
  • Lot Size Acres: 0.09
  • Lot Size: 45x90
  • Co List Office Mls Id: BNON
  • Subdivision Name: [No Recorded Subdiv]
  • 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, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 1225.0
  • Dining Room Type: Bonus Room, Bedroom, Dining Room, Kitchen, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Private, Community
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: HardiPlank Type
  • Exterior Features: Outdoor Shower, Porch
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 2270.0
  • Community Features: Beach, Other, Pool, See Remarks, Short Term Rental Allowed
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Legal/Accounting, Maintenance Grounds, Pool(s), Recreation Facilities

Schools

  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 3920.0

Rental Info

  • Furnished: Furnished

MLS Schools

  • Elementary School: Van R Butler
  • High School: South Walton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2022
Sold by
Christopher Pankonien Casey and Rodr Laura
Bought by
Pankonien Revocable Trust
Current Estimated Value
$1,123,810

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 29, 2021
Sold by
Lappe Peter Michael and Lappe Emily Ann
Bought by
Pankonien Casey Christopher and Pankonien Laura Rodriguez
Seller's Agent
Mike Herring
Keller Williams Realty Emerald
Buyer's Agent
John Lavin
RE/Max on the Gulf
List Price
$914,900
Sold Price
$840,000
Premium/Discount to List
-$74,900
-8.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$672,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2010
Sold by
Britain William
Bought by
Lappe Peter Michael and Lappe Emily Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2005
Sold by
Magnolia Partners Llc
Bought by
Britain William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,350
Interest Rate
6.04%
Mortgage Type
Stand Alone Second
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
Pankonien Revocable Trust -- Slaman Amy P
Pankonien Casey Christopher $840,000 Shoreline Title Llc
Lappe Peter Michael $345,000 Dba Aqua Title Inc
Britain William $647,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pankonien Casey Christopher $672,000
Previous Owner Lappe Peter Michael $200,000
Previous Owner Lappe Peter Michael $265,000
Previous Owner Britain William $129,350
Previous Owner Britain William $518,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $840,000 -- --
11/30/2021 11/30/21 Sold $840,000 -8.2% $686 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $914,900 -- $747 / 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 $7,099 $775,007 $237,431 $537,576
2023 $7,099 $781,318 $237,431 $543,887
2022 $6,913 $745,963 $263,548 $482,415
2021 $4,087 $422,197 $153,676 $268,521
2020 $4,130 $413,713 $140,595 $273,118
2019 $3,954 $407,168 $136,500 $270,668
2018 $3,526 $353,587 $0 $0
2017 $3,548 $380,708 $68,064 $312,644
2016 $3,160 $327,211 $0 $0
2015 $3,009 $314,141 $0 $0
2014 $2,692 $270,134 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 717141

Central Panhandle Association of REALTORS®

APN: 28-3S-18-16190-00B-0180