NOT LISTED FOR SALE

Estimated Value: $1,712,000 - $2,155,000

5 Beds
4 Baths
2,880 Sq Ft
$646/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $1,050,000 $365 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $11,477/month

36 Days on Market

Highlights

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

About This Home

As of May 2018

Prominently located on an expansive corner lot directly on Scenic 98, this bespoke coastal retreat offers expansive south facing porches with beautiful gulf views as well as convenient deeded beach access and excellent investment potential with $110,000 in projected annual gross rental income. Architecturally refined with thoughtful design, this well-maintained five bedroom home is situated in a premier location in Frangista Beach allowing for immediate gated community beach access as well as side entry parking with optimal ingress and egress from Hollywood Street highlighted by a detached one car garage with loft space that can be converted to additional living area if desired. The interiors have been recently re-painted and updated to include hardwood flooring, updated appliances and new designer furnishings creating a fresh coastal design palette. This outstanding floor plan takes full advantage of it's beach side positioning allowing for gulf views from the first level which is highlighted by an open floor plan complete with an expansive living area including 10' ceilings, dining room and chef's kitchen complete with stainless appliances and hardwood flooring throughout. The first level also offers a full king suite with ensuite bathroom as well as rear covered porch space with ample privacy. The second level is highlighted by the south facing oversized master suite offering easy access to the covered porch as well as a large ensuite bathroom. There are three additional bedroom suites located on the second and third floor, each allowing for optimal privacy and comfort; perfect for a family retreat. This exemplary home is located in the heart of Frangista Beach and Scenic Highway 98 with close proximity to world class dining, shopping and entertainment.

Last Agent to Sell the Property

Spears Group

Scenic Sotheby's International Realty Listed on: 03/20/2018

Last Buyer's Agent

Marie Babin

RE/MAX by the Sea License #3364088

RE/MAX by the Sea

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,595

Year Built

  • Built in 2002

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Partially Fenced Property
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $144 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Metal Roof
  • Cement Board or Planked
  • Stucco

Interior Spaces

  • 2,880 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Built-in Bookshelves
  • Shelving
  • Woodwork
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Dining Room
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Dressing Area
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Covered patio or porch

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32-2S-21-42040-00E-0140

Community Details

Overview

  • Association fees include ground keeping, land recreation, management, recreational faclty, security
  • Frangista Beach Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,595

Year Built

Built in 2002

Lot Details

0

HOA Fees

$144 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 50x100
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: FRANGISTA BEACH
  • Directions: Property is located in Frangista Beach, just East of Holiday Rd. At Scenic Gulf Drive, turn left and the property is on your left; on the corner of Hollywood St and Scenic Gulf Dr.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2002
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Ceiling Raised, Floor Hardwood, Floor Tile, Furnished - All, Lighting Recessed, Pantry, Shelving, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Woodwork Painted: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Shelving: Yes
  • Interior:Built-In Bookcases: Yes

Exterior Features

  • Lot Features: Corner, Covenants, Restrictions, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd, Slab, Stucco
  • Exterior Features: Balcony, Fenced Lot-Part, Hurricane Shutters, Patio Covered, Porch, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Hurricane Shutters: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Sprinkler System: Yes
  • Lot Features:Sidewalk: Yes
  • Lot Features:Corner: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage, Detached, Garage Detached, Oversized
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Oversized: Yes
  • Parking Features:Garage Detached: Yes
  • Parking Features:Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Pool, Waterfront
  • Association #2 Fee: 431.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Land Recreation, Management, Recreational Faclty, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 32-2S-21-42040-00E-0140
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2018
Closed on
May 25, 2018
Sold by
Sacks Joseph T and Sacks Carol A
Bought by
Tx4 Llc
Seller's Agent
Spears Group
Scenic Sotheby's International Realty
Buyer's Agent
Marie Babin
RE/MAX by the Sea
List Price
$1,050,000
Sold Price
$1,050,000
Current Estimated Value
$1,861,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$811,891
Avg. Annual Appreciation
8.47%
Original Mortgage
$840,000
Outstanding Balance
$306,843
Interest Rate
4.4%
Estimated Equity
$1,578,317

Purchase Details

Closed on
Jul 30, 2004
Sold by
Carter Kerry and Carter Kim
Bought by
Sacks Joseph T and Sacks Carol A

Purchase Details

Closed on
Jul 25, 2002
Sold by
Frangista Development Co Llc
Bought by
Carter Kerry and Carter Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.75%
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
Tx4 Llc $1,050,000 Vintage Title & Escrow Inc
Sacks Joseph T -- Mcneese Title Llc
Carter Kerry $762,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tx4 Llc $840,000
Previous Owner Sacks Carol A $905,000
Previous Owner Carter Kerry S $250,000
Previous Owner Carter Kerry $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Sold $1,050,000 0.0% $365 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $1,050,000 -- $365 / 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 $12,595 $1,608,135 $968,750 $639,385
2023 $12,595 $1,184,063 $0 $0
2022 $11,401 $1,401,560 $732,600 $668,960
2021 $9,726 $1,031,623 $531,259 $500,364
2020 $8,729 $874,423 $486,035 $388,388
2019 $8,425 $848,356 $467,342 $381,014
2018 $7,599 $762,125 $0 $0
2017 $7,467 $757,158 $379,373 $377,785
2016 $7,135 $742,384 $0 $0
2015 $6,634 $682,661 $0 $0
2014 $5,930 $585,873 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 794251

Emerald Coast Association of REALTORS®

APN: 32-2S-21-42040-00E-0140