NOT LISTED FOR SALE

220 N Driftwood Bay Unit 40C Miramar Beach, FL 32550

Miramar Beach Neighborhood

Estimated Value: $503,279 - $640,000

3 Beds
2 Baths
1,285 Sq Ft
$609/mo HOA Fee

Last Sold October 19, 2016

Last sale price $157,500 $123 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $3,767/month

48 Days on Market

Highlights

  • Beach
  • Golf Course Community
  • Vaulted Ceiling
  • Van R. Butler Elementary School Rated A-
  • Gated Community
  • Main Floor Primary Bedroom

About This Home

As of October 2016

REO...3 bedroom / 2 bath foreclosure in Seascape Resort. This second floor unit has great potential as a second home or investment property. The HVAC system, water heater and both toilets have been replaced. Located near the tennis pro shop and directly across from the swimming pool. Quick walk to the beach! Seascape Resort has 5 pools, 8 tennis courts, 400 ft of beach, a beachside bar and grill, and gated entrance with security guards. Seascape Town Center coming soon!

Last Agent to Sell the Property

- Ecn.rets.e2553

ecn.rets.RETS_OFFICE Listed on: 07/01/2016

Last Buyer's Agent

David Connart

East Pass Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,738

Year Built

  • Built in 1978

Lot Details

  • 1,394

HOA Fees

  • $609 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,285 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Living Room
  • Breakfast Room

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 29-2S-21-42500-000-040C

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, management, master, security, sewer, water, cable TV, trash
  • 4 Buildings
  • 4 Units
  • Seascape Condo Garden Villa Subdivision

Amenities

  • Recreation Room
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,738

Year Built

Built in 1978

Lot Details

0

HOA Fees

$609 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: SEASCAPE CONDO GARDEN VILLA
  • Directions: Enter Seascape Resort from Emerald Coast Parkway. Turn right at the 3 way stop. Follow Seascape Dr around and turn right on Driftwood Bay. The condo is just past the tennis pro shop and across from the pool. The building will say 220. Go upstairs to unit 40C.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1978
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Breakfast Room: Yes
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Number Of Buildings: 4
  • Appliances: Dishwasher, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Beamed, Ceiling Vaulted, Floor Tile, Floor WW Carpet, Furnished - None
  • Stories: 2
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Tile: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Ceiling Beamed: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Frame, Roof Shingle/Shake, Wood Siding
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Frame: Yes
  • ConstructionSiding:Roof ShingleShake: Yes
  • ConstructionSiding:Siding Wood: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Gated Community, Golf, Laundry, Pool, Separate Storage, Tennis, TV Cable
  • Association #2 Fee: 1825.85
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Management, Master Association, Security, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 29-2S-21-42500-000-040C
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2023
Sold by
Deco Diva Llc
Bought by
Indy Trailers Llc
Current Estimated Value
$541,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,675
Outstanding Balance
$289,581
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$252,239

Purchase Details

Listed on
Jul 1, 2016
Closed on
Oct 19, 2016
Sold by
Florida Bank
Bought by
Deco Diva Llc
Seller's Agent
- Ecn.rets.e2553
ecn.rets.RETS_OFFICE
Buyer's Agent
David Connart
East Pass Realty Inc
List Price
$157,500
Sold Price
$157,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.93%
Original Mortgage
$132,219
Interest Rate
3.44%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 22, 2016
Sold by
Britt Earl B and Britt Earl B
Bought by
Florida Bank and Iberiabank

Purchase Details

Closed on
Mar 1, 2016
Bought by
Iberiabank
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
Indy Trailers Llc $560,900 Vintage Title & Escrow
Indy Trailers Llc $560,900 Vintage Title & Escrow
Deco Diva Llc $157,500 Attorney
Deco Diva Llc $157,500 Attorney
Florida Bank -- None Available
Florida Bank -- None Available
Iberiabank $100 --
Iberiabank $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Indy Trailers Llc $420,675
Previous Owner Deco Diva Llc $132,219
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2016 10/19/16 Sold $157,500 0.0% $123 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $157,500 -- $123 / 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 $2,738 $387,235 -- $387,235
2023 $2,738 $225,782 $0 $0
2022 $2,215 $276,596 $0 $276,596
2021 $1,965 $219,735 $0 $219,735
2020 $1,693 $169,633 $0 $169,633
2019 $1,652 $166,305 $0 $166,305
2018 $1,626 $163,041 $0 $0
2017 $1,569 $158,286 $0 $158,286
2016 $1,508 $150,743 $0 $0
2015 $1,459 $143,560 $0 $0
2014 $1,409 $136,724 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 756026

Emerald Coast Association of REALTORS®

APN: 29-2S-21-42500-000-040C