NOT LISTED FOR SALE

Estimated Value: $3,176,869 - $3,404,000

4 Beds
4 Baths
5,920 Sq Ft
$550/Sq Ft Est. Value

Last Sold November 12, 2013

Last sale price $1,675,000 $283 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $19,790/month

29 Days on Market

Highlights

  • Marina
  • Lake Front
  • Golf Course Community
  • Van R. Butler Elementary School Rated A-
  • Boat Dock
  • Deeded access to the beach

About This Home

As of November 2013

Bank Owned!! Seller financing available with low interest rate! Come take a look at this amazing property! This impressive 4 bedroom/4 bath home is truly a builder's masterpiece. The mahagony front doors open to a dramatic foyer and entryway featuring Travertine, Limestone and Brazillian Walnut Floors with Mosaic accents. The living room features one of five fireplaces with custom mantels and columns. The souring great room with built in entertainment center is set off by the great room. The loft overlooks the great room with views of the enclosed pool, lake and golf course. The Chef's Kitchen features Thermadore appliances including a double convection oven and warming drawer. With 18 foot ceilings and large crown moldings, the Lotron lighting system allows the lighting to be adjusted and customized to your every mood. Most closets contain custom built ins. This spectacular home is situated on its lake front site to boast views the full length of the lake. This home's large scale and lavish attention to detail still offers a comfortable elegance, perfect for for grand entertaining or simply enjoying your family.

Last Agent to Sell the Property

Greg Smith

Seahorse Realty Inc License #569444 Listed on: 06/19/2013

Last Buyer's Agent

Marcus Fletcher

Fletchersales Realty License #3033681

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,620

Year Built

  • Built in 2001

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 161x219x161x150
  • Lake Front
  • Property fronts a private road
  • Irregular Lot
  • Sprinkler System
  • Lawn Pump

HOA Fees

  • $262 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener
  • Golf Cart Parking

Home Design

  • Mediterranean Architecture
  • Exterior Columns
  • Stucco

Interior Spaces

  • 5,920 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Built-in Bookshelves
  • Woodwork
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Plantation Shutters
  • Insulated Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Screened Porch
  • Lake Views
  • Washer

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Dressing Area
  • 4 Full Bathrooms
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Doors

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Deeded access to the beach
  • Deck
  • Outdoor Kitchen

Schools

  • Destin Elementary And Middle School
  • South Walton High School

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • High Efficiency Heating System
  • Electric Water Heater
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 23-2S-21-42450-000-3100

Community Details

Overview

  • Association fees include land recreation, legal, recreational faclty, security, cable TV, trash
  • Burnt Pine Lane Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area

Recreation

  • Boat Dock
  • Marina
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Security

  • Gated Community
  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,620

Year Built

Built in 2001

Lot Details

0

HOA Fees

$262 per month

Parking

3

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Lot Size: 161X219X161X150
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: BURNT PINE LANE
  • Directions: Enter through north gate into Sandestin and vear right. Turn left at stop sign and follow to Burnt Pine. Turn left through guard gate and continue on Club Drive. Turn right on Merion Dr., 2nd house on
  • Architectural Style: Mediterranean
  • New Construction: No
  • Efficiency: Doors
  • Building Stories: 2
  • Year Built: 2001
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Energy:Heat High Efficiency: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Insulated Doors: Yes
  • Rooms:Foyer: Yes
  • Rooms:Breakfast Room: Yes
  • Energy:AC - 2 or More: Yes
  • Waterview:Lake2: Yes
  • Rooms:Family Room: Yes
  • Waterfront:Lake: Yes
  • Rooms:Office2: Yes
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Fire Alarm/Sprinkler, Ice Machine, Microwave, Oven Continue Clean, Oven Double, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Ceiling Tray/Cofferd, Fireplace, Fireplace 2+, Fireplace Gas, Floor Hardwood, Furnished - Some, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Plantation Shutters, Washer/Dryer Hookup, Wet Bar, Window Treatment All, Woodwork Stained
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Security System: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes
  • Appliances:Oven Double: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Interior:Plantation Shutters: Yes
  • Interior:Fireplace: Yes
  • Appliances:Oven Continue Clean: Yes
  • Interior:Fireplace 2: Yes
  • Interior:Woodwork Stained: Yes

Exterior Features

  • Lot Features: Covenants, Irregular, Restrictions, Within 1/2 Mile to Water
  • View: Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Slab, Stucco
  • Exterior Features: Columns, Deck Open, Hot Tub, Lawn Pump, Patio Covered, Pool - Enclosed, Pool - Heated, Pool - In-Ground, Porch Screened, Sprinkler System, Summer Kitchen, TV Antenna
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - Enclosed: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:Columns: Yes
  • Lot Features:Irregular: Yes
  • Exterior:Summer Kitchen: Yes
  • Exterior:TV Antenna: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Golf Cart Enclosed, Oversized
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Oversized: Yes
  • Parking Features:Golf Cart Enclosed: Yes

Utilities

  • Utilities: Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Dock, Exercise Room, Fishing, Gated Community, Golf, Marina, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 785.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Land Recreation, Legal, Recreational Faclty, Security, Cable TV, Trash

Schools

  • Elementary School: Destin
  • High School: South Walton
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 21780.0
  • Parcel #: 23-2S-21-42450-000-3100
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2023
Sold by
Walters Daron Le
Bought by
Daron S Walters Revocable Trust
Current Estimated Value
$3,283,176

Purchase Details

Listed on
Jun 19, 2013
Closed on
Nov 12, 2013
Sold by
Fnbt Com Bank
Bought by
Walters Daron and Walters Suzanne
Seller's Agent
Greg Smith
Seahorse Realty Inc
Buyer's Agent
Marcus Fletcher
Fletchersales Realty
List Price
$1,675,000
Sold Price
$1,675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$1,507,500
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2010
Sold by
The Estuary
Bought by
Fnbt Com Bank

Purchase Details

Closed on
Jun 18, 2005
Sold by
Mitchell G Elliott and Clark West H
Bought by
The Estuary Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$717,506
Interest Rate
5.7%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 17, 2004
Sold by
Jones Cynthia I and Jones Dennis A
Bought by
Mitchell G Elliott and Clark West H
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
Daron S Walters Revocable Trust $100 None Listed On Document
Walters Daron $1,675,000 Fatco
Fnbt Com Bank $2,135,000 Attorney
The Estuary Llc $2,100,000 --
Mitchell G Elliott $1,775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walters Daron $1,405,000
Previous Owner Walters Daron $1,507,500
Previous Owner The Estuary Llc $717,506
Previous Owner Mitchell G Elliott $1,330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2013 11/12/13 Sold $1,675,000 0.0% $283 / Sq Ft
07/18/2013 07/18/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $1,675,000 -- $283 / 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 $18,620 $2,166,832 $459,435 $1,707,397
2023 $18,620 $1,927,545 $0 $0
2022 $17,530 $2,046,685 $509,972 $1,536,713
2021 $15,420 $1,593,013 $446,052 $1,146,961
2020 $15,114 $1,514,034 $408,082 $1,105,952
2019 $14,678 $1,478,024 $392,386 $1,085,638
2018 $11,921 $1,232,845 $0 $0
2017 $11,600 $1,207,488 $0 $0
2016 $11,464 $1,182,652 $0 $0
2015 $11,563 $1,174,431 $0 $0
2014 $11,633 $1,165,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 599197

Emerald Coast Association of REALTORS®

APN: 23-2S-21-42450-000-3100