NOT LISTED FOR SALE

261 Sandtrap Rd Unit 1W Miramar Beach, FL 32550

Estimated Value: $1,103,000 - $1,155,161

3 Beds
3 Baths
2,000 Sq Ft
$627/mo HOA Fee

Last Sold May 27, 2021

Last sale price $806,000 $403 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,046/month

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Covered Deck
  • Van R. Butler Elementary School Rated A-
  • Deeded access to the beach
  • Newly Painted Property

About This Home

As of May 2021

Under Contract and accepting Backup offers! Gulf Front and luxurious condo living on a private beachfront paradise. A very rare find and the only unit for sale in the last 16 months! Only 9 units are located in this non-rental complex. Take in panoramic views of the gulf from your living room, kitchen, or the oversized master bedroom. Your private balcony sits high above the beach and has a staircase which leads directly to the sand and the waves. This unit boasts 3 oversized bedrooms and 3 gorgeously remodeled bathrooms. An open concept kitchen w/ granite countertops flows into the separate dining room and into the large living room. This property features a very LOW HOA fee and located in the HEART of the Emerald Coast. The unit also features a washer/dryer and 2 parking spaces

Last Agent to Sell the Property

The Ketchersid Team

Corcoran Reverie Destin Listed on: 03/08/2021

Corcoran Reverie Destin

Last Buyer's Agent

Adelita Serna

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,120

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $627 Monthly HOA Fees

Home Design

  • Newly Painted Property
  • Mirrored Walls
  • Slate Roof
  • Stucco
  • Slate

Interior Spaces

  • 2,000 Sq Ft Home
  • Furnished
  • Shelving
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Gulf Views

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Dressing Area
  • 3 Full Bathrooms
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Balcony
  • Covered Deck
  • Covered Patio or Porch

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

  • No Rentals Allowed
  • Assessor Parcel Number 34-2S-21-42230-000-001W

Community Details

Overview

  • Association fees include accounting, ground keeping, legal, management, master, sewer, water, cable TV, trash
  • 9 Buildings
  • 9 Units
  • Sandspur Condo Subdivision

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Beach

Pet Policy

  • Pets Allowed

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,120

Year Built

Built in 1985 | Remodeled

Lot Details

0

HOA Fees

$627 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: SANDSPUR CONDO
  • Directions: From Highway 98, turn south onto Sandtrap Road. Continue to the end of the street, Sandspur will be to your right - take elevator or stairs to 1st floor - unit is to the right
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1985
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Foyer: Yes
  • Waterfront:Unit Waterfront: Yes
  • Rooms:Dining Area: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 9
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Floor Tile, Floor WW Carpet, Furnished - All, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Renovated, Shelving, Walls Mirrored, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Appliances:Freezer: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Shelving: Yes
  • Interior:Walls Mirrored: Yes

Exterior Features

  • View: Gulf
  • Waterfront Features: Unit Waterfront, Gulf
  • Waterfront: Yes
  • Construction Type: Roof Tile/Slate, Stucco
  • Exterior Features: Balcony, Deck Covered, Deck Open, Hurricane Shutters, Patio Covered, Patio Open, Porch, Porch Open, Renovated, Shower
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Hurricane Shutters: Yes
  • Exterior:Porch Open: Yes
  • Exterior:Shower: Yes
  • ConstructionSiding:Roof TileSlate: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fan(s), 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, Deed Access, Dumpster, Elevators, Exercise Room, No Rental, Pets Allowed, Separate Storage, TV Cable
  • Association #2 Fee: 627.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 34-2S-21-42230-000-001W
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 9

Tax Info

  • Tax Annual Amount: 4120.42
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
May 27, 2021
Sold by
James Paul M and James Frances Schultz
Bought by
Ives Michelle S
Seller's Agent
The Ketchersid Team
Corcoran Reverie Destin
Buyer's Agent
Adelita Serna
Berkshire Hathaway HomeServices
List Price
$806,000
Sold Price
$806,000
Current Estimated Value
$1,129,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,040
Avg. Annual Appreciation
8.02%
Original Mortgage
$604,500
Outstanding Balance
$547,299
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$581,741

Purchase Details

Closed on
Dec 11, 2001
Sold by
Anderson Douglas Ray and Anderson Deborah Poythress
Bought by
James Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.5%
Source: Public Records

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
Ives Michelle S $806,000 Attorney
James Paul M $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ives Michelle S $604,500
Previous Owner James Paul M $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $806,000 0.0% $403 / Sq Ft
03/08/2021 03/08/21 For Sale $806,000 -- $403 / Sq Ft
03/05/2021 03/05/21 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 $4,922 $597,354 -- --
2023 $4,922 $579,955 $0 $0
2022 $4,864 $563,063 $0 $563,063
2021 $4,177 $469,143 $0 $0
2020 $4,246 $536,250 $0 $536,250
2019 $4,120 $452,264 $0 $452,264
2018 $4,318 $443,391 $0 $0
2017 $3,806 $383,975 $0 $383,975
2016 $3,659 $365,684 $0 $0
2015 $3,717 $365,684 $0 $0
2014 $3,590 $348,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 853030

Emerald Coast Association of REALTORS®

APN: 34-2S-21-42230-000-001W