$167,000
SOLD MAY 23, 2014
0.07 Acre
$2,385,714 Price per Acre
3,049 Sq Ft Lot

Recently Sold

About This Lot

As of September 2023

Great lot in the hottest community in Sandestin Golf and Beach Resort. Villa Lago is the newest single family neighborhood located within the gates of the exclusive Sandestin Golf and Beach Resort and within walking distances of The Village of Baytowne Wharf. Amenities include an exclusive clubhouse and pool.

Last Agent to Sell the Property

Gary Bowman

The Agency Northwest Florida Beaches License #3083549 Listed on: 04/25/2014

Last Buyer's Agent

Gary Bowman

100% Realty Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $520

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 40 x 75

HOA Fees

  • $193 Monthly HOA Fees

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include accounting, ground keeping, insurance, management, recreational faclty, security
  • Villa Lago Subdivision

Listing and Financial Details

  • Assessor Parcel Number 23-2S-21-42250-000-0830

Property Details

Property Type

Land

Est. Annual Taxes

$520

Lot Details

0

HOA Fees

$193 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.07
  • Lot Size: 40 X 75
  • Road Surface Type: Paved Road
  • Subdivision Name: VILLA LAGO
  • Directions: Turn into North Sandestin (Main Gate) take your first right at the loop then continue to stop sign take a left (towards Baytowne). Villa Lago subdivision is on your right immediately after the Village
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Special Features: None

Utilities

  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Association #2 Fee: 580.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, 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: 3049.2
  • Parcel #: 23-2S-21-42250-000-0830
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 519.53
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 8, 2023
Sold by
Stewart Hugh Jefferson and Stewart Gina W
Bought by
Bing Felecia Michelle
Seller's Agent
Gary Bowman
The Agency Northwest Florida Beaches
Buyer's Agent
Gary Bowman
The Agency Northwest Florida Beaches
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Views
8
Current Estimated Value
$1,047,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,343
Avg. Annual Appreciation
3.40%
Original Mortgage
$550,000
Outstanding Balance
$395,578
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$670,001

Purchase Details

Listed on
Jun 5, 2015
Closed on
Jul 31, 2015
Sold by
Villa Lago Investments Llc
Bought by
Stewart Hugh Jefferson and Stewart Gina W
Seller's Agent
Gary Bowman
The Agency Northwest Florida Beaches
Buyer's Agent
Gary Bowman
100% Realty Inc
List Price
$599,000
Sold Price
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$509,150
Interest Rate
4.04%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 25, 2014
Closed on
May 23, 2014
Sold by
Azar Michael
Bought by
Villa Lago Investments Llc
Seller's Agent
Gary Bowman
The Agency Northwest Florida Beaches
Buyer's Agent
Gary Bowman
100% Realty Inc
List Price
$167,000
Sold Price
$167,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
192.51%

Purchase Details

Closed on
Dec 14, 2005
Sold by
C D Jones & Co Inc
Bought by
Azar Michael
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 Type Sale Price Title Company
Warranty Deed $1,000,000 Rodgers Kiefer Title
Warranty Deed $599,000 Attorney
Warranty Deed $167,000 Attorney
Corporate Deed $379,000 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $550,000 New Conventional
Previous Owner $509,150 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $1,000,000 -9.1% $489 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $1,100,000 +83.6% $538 / Sq Ft
07/31/2015 07/31/15 Sold $599,000 0.0% $302 / Sq Ft
06/05/2015 06/05/15 For Sale $599,000 +258.7% $302 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
05/23/2014 05/23/14 Sold $167,000 0.0% --
04/25/2014 04/25/14 For Sale $167,000 -- --
04/22/2014 04/22/14 Pending -- -- --
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 $6,492 $832,193 $194,214 $637,979
2023 $6,492 $631,242 $0 $0
2022 $6,135 $760,198 $215,577 $544,621
2021 $5,224 $558,016 $188,557 $369,459
2020 $4,734 $474,261 $172,506 $301,755
2019 $4,583 $461,472 $165,871 $295,601
2018 $4,431 $444,374 $0 $0
2017 $4,313 $435,134 $154,846 $280,288
2016 $4,233 $423,052 $0 $0
2015 $1,414 $139,150 $0 $0
2014 $918 $110,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 704155

Emerald Coast Association of REALTORS®

APN: 23-2S-21-42250-000-0830