NOT LISTED FOR SALE

2575 Cayenne Ln Shalimar, FL 32579

Estimated Value: $903,000 - $1,253,000

5 Beds
3.5 Baths
3,442 Sq Ft
$293/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $685,000 $199 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,209/month

Highlights

  • Deeded access to the beach
  • Intracoastal View
  • French Provincial Architecture
  • Choctawhatchee Senior High School Rated A-
  • Gated Community
  • Maid or Guest Quarters

About This Home

As of June 2021

Stunning views of the Bay or marina from just about every room in this home. Windows everywhere. The entire first floor is a mother-in-law suite (or lock-out apartment) with private entrance, two bedrooms and shared bath, its own garage, spacious living area with backyard paved deck, laundry hook-up and full kitchen with granite and stainless appliances. The main living area on the second floor is one massive space with soaring two-story ceilings, gas fireplace, main kitchen with dual pantries, dining area, and large balcony overlooking the Two Georges Marina. This floor also has the master bedroom/bath with a jetted tub and separate tiled shower, a half bath for guests, and laundry room. Flooring is engineered hardwood and travertine throughout. At the top of the stairs to the third floor is a spacious hardwood landing with the best Bay views in the house. This bonus area is large enough to use as an office space. Off the landing are doors leading to the fourth and fifth bedrooms with private balconies and shared bath with dual granite vanity and shower/tub combo. Three separate A/C systems and thermostats control the comfort levels of each floor. Beautifully landscaped but with no lawn to mow. Room for a pool in back. Walk across the street to the community water access for some swimming, kayaking or paddle boarding. Transferable termite bond. 3-car garage. Store your boat across the street at the marina and still have room for two cars and a golf cart. Despite being practically waterfront, this property is in an X Zone. No flood insurance required. The gated community of Casa Marina is situated within seven minutes of both FWB Medical Center and Eglin AFB. It's also a short golf cart-ride to the Shalimar Point Golf Course and the Meigs public beach. Home is in an "X" flood zone, so no flood insurance required.

Last Agent to Sell the Property

The Steely Group

Live 30A Real Estate LLC License #SL3288163 Listed on: 02/04/2021

Last Buyer's Agent

Bradley Bowman

Livin Right Real Estate LLC License #3369565

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,914

Year Built

  • Built in 1998

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 65x105
  • Property fronts a county road
  • Interior Lot
  • Sprinkler System

HOA Fees

  • $113 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener

Property Views

  • Intracoastal
  • Bay
  • Bayou

Home Design

  • French Provincial Architecture
  • Slate Roof
  • Stucco
  • Slate

Interior Spaces

  • 3,442 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Fire and Smoke Detector
  • Exterior Washer Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Outdoor Features

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

Schools

  • Shalimar Elementary School
  • Meigs Middle School
  • Choctawhatchee High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06-2S-23-0335-0000-0060

Community Details

Overview

  • Association fees include ground keeping, security
  • Casa Marina S/D Subdivision
  • The community has rules related to covenants

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,914

Year Built

Built in 1998

Lot Details

0

HOA Fees

$113 per month

Parking

3

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 65x105
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: CASA MARINA S/D
  • Directions: From Eglin Parkway in Shalimar turn east on Old ferry Road. Travel until you see Two Georges Marina on the right. Turn left on Cayenne Lane at the Casa Marina sign and go through the gate. Sign is on the right.
  • Architectural Style: French Provincial
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1998
  • Utilities Electric: Yes
  • Appliances Microwave: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Ceiling Cathedral, Fireplace, Floor Hardwood, Floor Tile, Washer/Dryer Hookup
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes

Exterior Features

  • Lot Features: Covenants, Interior, Restrictions, Survey Available, Within 1/2 Mile to Water
  • View: Bayou, Bay
  • Construction Type: Roof Tile/Slate, Slab, Stucco
  • Exterior Features: Balcony, Guest Quarters, Patio Covered, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Roof TileSlate: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: 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, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Deed Access, Gated Community
  • Association #2 Fee: 1350.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Security

Schools

  • Elementary School: Shalimar
  • High School: Choctawhatchee
  • Middle Or Junior School: Meigs

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 06-2S-23-0335-0000-0060
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7913.6
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Jun 8, 2021
Sold by
Whitley David and Aure Rhoda Lyn
Bought by
Ritter Matthew W and Ritter Tamara E
Seller's Agent
The Steely Group
Live 30A Real Estate LLC
Buyer's Agent
Bradley Bowman
Livin Right Real Estate LLC
List Price
$685,000
Sold Price
$685,000
Current Estimated Value
$1,009,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,583
Avg. Annual Appreciation
10.24%
Original Mortgage
$548,000
Outstanding Balance
$500,447
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$509,136

Purchase Details

Listed on
Oct 21, 2016
Closed on
Sep 29, 2017
Sold by
Marbry John R and Brock Margeret L
Bought by
Aure Rhoda Lyn and Whitley David
Seller's Agent
Matthew Williams
World Impact Real Estate
Buyer's Agent
Mark Hiller
EXP Realty LLC
List Price
$580,000
Sold Price
$580,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$580,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2012
Closed on
Nov 8, 2012
Sold by
Alpha Omega Investment Union Llc
Bought by
Marbry John R and Brock Margaret L
Seller's Agent
ecn.rets.e4040
ecn.rets.RETS_OFFICE
Buyer's Agent
Natalia Sevciuc
Stars Realty
List Price
$540,000
Sold Price
$540,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.47%

Purchase Details

Closed on
Sep 8, 2011
Sold by
Pearce James R
Bought by
Alpha Omega Investment Union Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.55%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 22, 2006
Sold by
Spencer Lisa Jo and Kain Mattie
Bought by
Kain Mattie and Kain Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2000
Sold by
Housing South Inc
Bought by
Kain James E and Kain Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.8%
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
Ritter Matthew W $685,000 Attorney
Aure Rhoda Lyn $580,000 Bradly Title Llc
Marbry John R $540,000 H & S Title & Escrow Inc
Alpha Omega Investment Union Llc $140,000 Attorney
Kain Mattie -- None Available
Kain James E $345,000 First Natl Land Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritter Matthew W $548,000
Previous Owner Aure Rhoda Lyn $580,000
Previous Owner Alpha Omega Investment Union Llc $50,000
Previous Owner Alpha Omega Investment Union Llc $130,000
Previous Owner Alpha Omega Investment Union Llc $150,000
Previous Owner Kain Mattie $220,000
Previous Owner Kain James E $252,000
Previous Owner Kain James E $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $685,000 0.0% $199 / Sq Ft
02/04/2021 02/04/21 For Sale $685,000 +18.1% $199 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
03/31/2020 03/31/20 Off Market $580,000 -- --
09/29/2017 09/29/17 Sold $580,000 0.0% $169 / Sq Ft
07/27/2017 07/27/17 Pending -- -- --
10/21/2016 10/21/16 For Sale $580,000 +7.4% $169 / Sq Ft
11/08/2012 11/08/12 Sold $540,000 0.0% $157 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
08/31/2012 08/31/12 For Sale $540,000 -- $157 / 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 $8,857 $776,999 -- --
2023 $8,857 $754,368 $0 $0
2022 $8,659 $732,396 $104,473 $627,923
2021 $8,756 $681,275 $93,279 $587,996
2020 $8,231 $635,771 $91,441 $544,330
2019 $7,914 $603,239 $87,087 $516,152
2018 $7,303 $550,135 $0 $0
2017 $7,096 $532,183 $0 $0
2016 $6,788 $512,151 $0 $0
2015 $6,465 $480,796 $0 $0
2014 $6,078 $451,574 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 851568

Emerald Coast Association of REALTORS®

APN: 06-2S-23-0335-0000-0060