NOT LISTED FOR SALE

2-1 W Cedar Bend Rd Santa Rosa Beach, FL 32459

Estimated Value: $2,982,000 - $3,876,000

0.16 Acre
$20,550,938 Price per Acre
6,970 Sq Ft Lot

Last Sold December 04, 2018

Last sale price $295,000

Est. 1,015% increase in value since last sale

Current estimated payment $19,765/month

62 Days on Market

Highlights

  • Boat Dock
  • Fishing
  • Gated Community
  • Dune Lakes Elementary School Rated A-
  • Gulf View
  • Community Pool

About This Lot

As of December 2018

BEST LOT IN DRAPER LAKE with stunning LAKE & GULF VIEWS from the ground level!! Build your dream home on this very large lot located on the western peninsula of Draper Lake. This homesite sits atop a hill, which affords breathtaking lake and Gulf views from street level. Also borders the path to the beach access on Buddy St. Draper Lake Coastal Village is a unique community that offers boathouses, parks, pools, nature trails, golf carts, and a 45' observation tower. The Village was designed in harmony with the building traditions of the Adirondacks and the Chautauqua Assemblies. Great care has gone into the sensitive preservation of the natural surroundings. Centrally located to the best dining, unique boutique shopping, bike paths and some of the best golf courses on the Gulf coast.

Last Agent to Sell the Property

Craig Baranowski

Scenic Sotheby's International Realty Brokerage Email: craig@scenicsir.com License #3082340 Listed on: 08/28/2018

Scenic Sotheby's International Realty

Last Buyer's Agent

ecn.rets.e22741

ecn.rets.RETS_OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,246

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 65x108

HOA Fees

  • $275 Monthly HOA Fees

Property Views

  • Gulf
  • Lake

Schools

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

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02-3S-20-34350-002-0010

Community Details

Overview

  • Association fees include accounting, ground keeping, management, recreational faclty, security
  • Draper Lake Coastal Village Subdivision
  • The community has rules related to covenants

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion

Recreation

  • Boat Dock
  • Community Pool
  • Fishing

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,246

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.16
  • Lot Size: 65x108
  • Road Surface Type: Paved Road
  • Subdivision Name: DRAPER LAKE COASTAL VILLAGE
  • Directions: From Hwy 98 in Santa Rosa Beach, travel south on Hwy 393. Proceed to the intersection at Hwy 30A and turn left at the stop sign. Proceed approximately 1 mile and turn right at Draper Lake west entrance. Continue straight on West Cedar Bend Road, and it will be the 7th lot is on the right directly across from the home on Lake Trail Lane.
  • Attribution Contact: craig@scenicsir.com
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Utilities:Gas Available: Yes
  • Waterview:Lake2: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Covenants, Within 1/2 Mile to Water
  • View: Lake, Gulf
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Covenants: Yes

Utilities

  • Utilities: Electric, Phone, Public Sewer, Public Water, Gas Available

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Dock, Fishing, Gated Community, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, TV Cable, Owners Pets Allowed
  • Association #2 Fee: 825.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, 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: 6969.6
  • Parcel #: 02-3S-20-34350-002-0010
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2246.21
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2024
Sold by
Gardiner Living Trust
Bought by
Bruce Ben W and Bruce Jerianne R
Current Estimated Value
$3,288,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,430,000
Outstanding Balance
$3,204,255
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$83,895

Purchase Details

Closed on
Oct 3, 2022
Sold by
Gardiner Thomas and Gardiner Krista
Bought by
Gardiner Living Trust

Purchase Details

Listed on
Aug 28, 2018
Closed on
Dec 4, 2018
Sold by
Kotite Peter and Laguardia Kotite Martha
Bought by
Gardiner Thomas and Gardiner Krista
Seller's Agent
Craig Baranowski
Scenic Sotheby's International Realty
Buyer's Agent
ecn.rets.e22741
ecn.rets.RETS_OFFICE
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.12%
Original Mortgage
$236,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 23, 2018
Closed on
Apr 30, 2018
Sold by
Durango Gator Investments Llc
Bought by
Kotetie Peter and Laguardia Kotite Martha
Seller's Agent
Kelly Hill
Scenic Sotheby's International Realty
Buyer's Agent
Craig Baranowski
Scenic Sotheby's International Realty
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%

Purchase Details

Closed on
Jul 6, 2015
Sold by
Mattimore Michael and Mattimore Nancy
Bought by
Durango Gator Investment Inc

Purchase Details

Closed on
Jul 21, 2004
Sold by
Draper Lake Llc
Bought by
Mattimore Michael and Mattimore Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bruce Ben W $3,980,000 Mcneese Title
Bruce Ben W $3,980,000 Mcneese Title
Gardiner Living Trust $100 --
Gardiner Living Trust $100 None Listed On Document
Gardiner Thomas $295,000 Attorney
Kotetie Peter $290,000 Attorney
Durango Gator Investment Inc $220,200 Attorney
Mattimore Michael $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruce Ben W $3,430,000
Closed Bruce Ben W $3,430,000
Previous Owner Gardiner Thomas $236,000
Previous Owner Mattimore Michael $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2018 12/04/18 Sold $295,000 0.0% --
10/29/2018 10/29/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $295,000 +1.7% --
04/30/2018 04/30/18 Sold $290,000 0.0% -- View Prior Sale
03/30/2018 03/30/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $290,000 -- --
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 $24,678 $2,754,194 $480,000 $2,274,194
2023 $24,678 $2,754,194 $480,000 $2,274,194
2022 $21,004 $2,298,051 $302,746 $1,995,305
2021 $2,136 $220,674 $220,674 $0
2020 $2,015 $201,888 $201,888 $0
2019 $2,433 $245,010 $245,010 $0
2018 $2,372 $237,874 $0 $0
2017 $2,246 $230,946 $230,946 $0
2016 $2,020 $201,876 $0 $0
2015 $1,373 $163,350 $0 $0
2014 -- $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 806237

Emerald Coast Association of REALTORS®

APN: 02-3S-20-34350-002-0010