NOT LISTED FOR SALE

Estimated Value: $1,044,000 - $1,790,000

3 Beds
3 Baths
1,949 Sq Ft
$715/Sq Ft Est. Value

Last Sold June 10, 2016

Last sale price $603,000 $309 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $8,611/month

124 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Pantry
  • Outdoor Shower
  • Bay Elementary School Rated A-
  • Living Room
  • Kitchen Island

About This Home

As of June 2016

Fully furnished one-story beach cottage in Magnolia Cottages by the Sea on 30A! Projected annual rental income $50k+! This spacious tucked-away beach house is situated on one of the neighborhoods most private lots and features an Open Floor Plan, 3 Bedroom/3 Full Bath, 2 Master Suites, Walk-In Closets, 2 Porches just minutes walking distance to the pristine white sandy beaches of South Walton! Magnolia Cottages by the Sea is a small family-friendly beach community on 30A with a community pool and deeded beach access located 1 mile from Alys Beach, 2 miles from Rosemary Beach, and 5 miles from Seaside.

Last Agent to Sell the Property

Cliff Glansen

Flatfee.Com License #707077 Listed on: 12/30/2015

Last Buyer's Agent

Ann Mosely

Berkshire Hathaway HomeServices

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,607

Year Built

  • Built in 2014

Lot Details

  • 10,498

HOA Fees

  • $154 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,949 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Schools

  • Bay Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Additional Features

  • Outdoor Shower
  • Lot Dimensions are 55x148
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 28-3S-18-16190-00B-0190

Community Details

Overview

  • Magnolia Cottages By The Sea Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,607

Year Built

Built in 2014

Lot Details

0

HOA Fees

$154 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 55X148
  • Subdivision Name: Magnolia Cottages By The Sea
  • Directions: Turn off 30A on to Patina Blvd, left on Creek Park Ln, 3rd house on the left.
  • Architectural Style: Other
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2014
  • ResoBuildingAreaSource: Appraiser
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Floor Hardwood, Kitchen Island, Pantry
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Hardwood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Kitchen Island: Yes

Exterior Features

  • Construction Type: Roof Metal
  • Exterior Features: Shower
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Shower: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • Parking Features:Other3: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Pool
  • Association #2 Fee: 1843.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Bay
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 28-3S-18-16190-00B-0190
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3607.41
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2015
Closed on
Jun 10, 2016
Sold by
Wanous Gabriel and Wanous Katie
Bought by
Owen Steven K and Owen Yvonne S
Seller's Agent
Cliff Glansen
Flatfee.Com
Buyer's Agent
Ann Mosely
Berkshire Hathaway HomeServices
List Price
$603,000
Sold Price
$603,000
Current Estimated Value
$1,412,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$809,731
Avg. Annual Appreciation
9.23%
Original Mortgage
$481,800
Outstanding Balance
$389,702
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$965,225

Purchase Details

Closed on
Feb 21, 2014
Sold by
All 30A Llc
Bought by
Wanous Gabriel and Wanous Katie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2012
Sold by
Strickland Robert James and Strickland Lynne
Bought by
All 30A Llc

Purchase Details

Closed on
Dec 9, 2004
Sold by
Magnolia Partners Llc
Bought by
Strickland Robert and Strickland Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,910
Interest Rate
5.67%
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
Owen Steven K $603,000 Neighborhood Title Group Inc
Wanous Gabriel $450,000 Rodgers Kiefer Title
All 30A Llc $750,000 Mcgill Escrow & Title Llc
Strickland Robert $499,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owen Steven K $481,800
Previous Owner Wanous Gabriel $360,000
Previous Owner All 30A Llc $160,000
Previous Owner Strickland Robert J $307,948
Previous Owner Strickland Robert $449,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2016 06/10/16 Sold $603,000 0.0% $309 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
12/30/2015 12/30/15 For Sale $603,000 -- $309 / 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 $8,672 $1,182,134 $293,962 $888,172
2023 $8,672 $753,917 $0 $0
2022 $8,227 $1,112,965 $326,298 $786,667
2021 $6,031 $623,072 $190,266 $432,806
2020 $6,031 $604,151 $174,070 $430,081
2019 $5,721 $586,078 $169,000 $417,078
2018 $5,130 $514,493 $0 $0
2017 $5,558 $560,761 $84,270 $476,491
2016 $3,800 $416,750 $0 $0
2015 $3,832 $413,853 $0 $0
2014 $3,607 $352,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 743667

Emerald Coast Association of REALTORS®

APN: 28-3S-18-16190-00B-0190