NOT LISTED FOR SALE

Estimated Value: $1,051,180 - $1,229,000

4 Beds
4 Baths
2,103 Sq Ft
$533/Sq Ft Est. Value

Last Sold March 09, 2015

Last sale price $540,000 $257 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $7,030/month

178 Days on Market

Highlights

  • Marina
  • On Golf Course
  • Lake View
  • Van R. Butler Elementary School Rated A-
  • Gated Community
  • Vaulted Ceiling

About This Home

As of March 2015

Construction on this home has a scheduled completion date of July 15, 2012. Villa Lago is the newest single family neighborhood located inside the exclusive Sandestin Golf and Beach Resort and is within walking distance of the Village at Baytowne Wharf. Villa Lago's setting of over 13 acres is completely surrounded by the renovated Baytowne Golf course. Amenities include an exclusive clubhouse and pool. This is certain to become one of most sought after rental second home communities within the sandestin resort. Features of this lovely meditereanan home include hardwood floors, tile, stained cabinets, crown molding,, stainless steel kitchen aid appliances, decorative tile in bathrooms and limestone porches. This home will have a contemporary flair with curved walls. Downstairs room can be used as an office or bedroom with full bath downstairs. Villa Lago dues are 325.00 per quarter and sandestin SOA are 358.00 per quarter. (with construction completed) Square footage, Room dimensions, and Lot dimensions to be verified by the buyer.

Last Agent to Sell the Property

Tracey Clay

Destin Lifestyles Real Estate License #3017089 Listed on: 08/08/2014

Co-Listed By

Leslie Rudder

Destin Lifestyles Real Estate License #702109

Last Buyer's Agent

ecn.rets.e1553

ecn.rets.RETS_OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,679

Year Built

  • Built in 2012

Lot Details

  • Lot Dimensions are 35 x 75 x 43 x 78
  • On Golf Course
  • Level Lot

HOA Fees

  • $264 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Golf Cart Parking

Home Design

  • Mediterranean Architecture
  • Slate Roof
  • Stucco
  • Slate

Interior Spaces

  • 2,103 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Vaulted Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Living Room
  • Dining Area
  • Home Office
  • Wood Flooring
  • Lake Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Van R Butler Elementary School
  • Destin Middle School
  • South Walton High School

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 23-2S-21-42250-000-0690

Community Details

Overview

  • Association fees include accounting, advertising, ground keeping, land recreation, legal, licenses/permits, management, master, recreational faclty, security, cable TV
  • Villa Lago Subdivision

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,679

Year Built

Built in 2012

Lot Details

0

HOA Fees

$264 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 35 X 75 X 43 X 78
  • Road Surface Type: Paved
  • Co List Office Mls Id: EDLF
  • Co List Office Phone: 850-830-7490
  • Subdivision Name: VILLA LAGO
  • Directions: Turn North into Sandestin's main gate, turn right at the circle, at the stop sign turn left, follow road past Village of Baytowne Wharf, Villa Lago will be on your right just past Burnt Pine.
  • Architectural Style: Mediterranean
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2012
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Continue Clean, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Floor Hardwood, Lighting Recessed, Pantry, Washer/Dryer Hookup, Window Treatmnt Some
  • Window Features: Double Pane Windows
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Oven Continue Clean: Yes

Exterior Features

  • Lot Features: Curb & Gutter, Golf Course, Level, Within 1/2 Mile to Water
  • View: Lake
  • Construction Type: Roof Tile/Slate, Slab, Stucco
  • Exterior Features: Balcony, Patio Covered
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Stucco: Yes
  • Lot Features:Golf Course: Yes
  • ConstructionSiding:Roof TileSlate: Yes
  • Lot Features:Curb Gutter: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Golf Cart Enclosed
  • Parking Features:Golf Cart Enclosed: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Community Sewer, Community Water, Electric, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Community Room, Gated Community, Golf, Marina, Pool, Tennis, TV Cable
  • Association #2 Fee: 791.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Advertising, Ground Keeping, Land Recreation, Legal, Licenses/Permits, Management, Master Association, Recreational Faclty, Security, Cable TV

Schools

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

Lot Info

  • Parcel #: 23-2S-21-42250-000-0690
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3678.71
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2014
Closed on
Mar 6, 2015
Sold by
Gillispie Cody and Gillispie Patricia
Bought by
Omar Abdullah and Abedi Fariba
Seller's Agent
Tracey Clay
Destin Lifestyles Real Estate
Buyer's Agent
ecn.rets.e1553
ecn.rets.RETS_OFFICE
List Price
$540,000
Sold Price
$540,000
Current Estimated Value
$1,121,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,545
Avg. Annual Appreciation
7.14%
Original Mortgage
$340,000
Outstanding Balance
$264,742
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$833,218

Purchase Details

Listed on
Mar 23, 2012
Closed on
Aug 24, 2012
Sold by
Bclp Land Group Llc
Bought by
Gillispie Cody and Gillispie Patricia
Seller's Agent
Tracey Clay
Destin Lifestyles Real Estate
Buyer's Agent
Tracey Clay
Destin Lifestyles Real Estate
List Price
$430,500
Sold Price
$430,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$344,480
Interest Rate
2.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2012
Sold by
Rockledge Capital Llc
Bought by
Bclp Land Group Llc

Purchase Details

Closed on
Nov 3, 2005
Sold by
C-D Jones & Co Inc
Bought by
Alcan Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Omar Abdullah $540,000 H & S Title & Escrow Inc
Gillispie Cody $430,600 Mcneese Title Llc
Bclp Land Group Llc $75,000 Mcneese Title Llc
Alcan Investments Llc $339,000 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omar Abdullah $340,000
Previous Owner Gillispie Cody $344,480
Previous Owner Alcan Investments Llc $271,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2019 06/23/19 Off Market $430,500 -- --
03/09/2015 03/09/15 Sold $540,000 0.0% $257 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
08/08/2014 08/08/14 For Sale $540,000 +25.4% $257 / Sq Ft
08/27/2012 08/27/12 Sold $430,500 0.0% $209 / Sq Ft
03/23/2012 03/23/12 Pending -- -- --
03/23/2012 03/23/12 For Sale $430,500 -- $209 / 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 $6,648 $840,411 $194,214 $646,197
2023 $6,648 $645,080 $0 $0
2022 $6,253 $773,138 $215,577 $557,561
2021 $5,340 $570,721 $188,557 $382,164
2020 $4,838 $484,658 $172,506 $312,152
2019 $4,684 $471,689 $165,871 $305,818
2018 $4,529 $454,226 $0 $0
2017 $4,409 $444,831 $154,846 $289,985
2016 $4,357 $435,389 $0 $0
2015 $4,229 $416,052 $0 $0
2014 -- $386,902 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 711590

Emerald Coast Association of REALTORS®

APN: 23-2S-21-42250-000-0690