NOT LISTED FOR SALE

312 E Shipwreck Rd Santa Rsa Beach, FL 32459

Estimated Value: $2,094,000 - $2,957,000

0.53 Acre
$4,819,434 Price per Acre
23,087 Sq Ft Lot

Last Sold December 18, 2014

Last sale price $300,000

Est. 751% increase in value since last sale

Current estimated payment $14,819/month

322 Days on Market

About This Lot

As of December 2014

Enjoy beautiful views of Buck Bayou and Choctawhatchee Bay from this 1/2 acre WATERFRONT home site. The huge, two story dock provides accommodations for a large boat (water depth is 5' at the slip) and two jet skis. This is a special opportunity to build your waterfront home!

Last Agent to Sell the Property

Jonathan Clark

Rosemary Beach Realty LLC License #3213933 Listed on: 12/06/2013

Last Buyer's Agent

Linda Quinlan

Century 21 Emerald Paradise

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,634

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 101x257x104x239
  • Property Fronts a Bay or Harbor
  • Property fronts a bayou

HOA Fees

  • $63 Monthly HOA Fees

Property Views

  • Bay
  • Bayou

Schools

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

Community Details

  • Driftwood Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11-2S-21-42010-00L-0240

Property Details

Property Type

Land

Est. Annual Taxes

$16,634

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.53
  • Lot Size: 101X257X104X239
  • Road Surface Type: Paved Road
  • Subdivision Name: DRIFTWOOD ESTATES
  • Directions: From 98, head North on Mack Bayou Rd. Continue to follow Mack Bayou Rd. through a series of turns until you drive through the entrance to Driftwood Estates. Turn Right on East Shipwreck Rd. Lot is on
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Waterfront:Bay: Yes
  • Waterview:Bay2: Yes
  • Waterfront:Bayou: Yes
  • Waterview:Bayou2: Yes
  • Special Features: None

Exterior Features

  • View: Bayou, Bay
  • Waterfront Features: Bay, Bayou
  • Waterfront: Yes

Utilities

  • Utilities: Electric, Public Sewer

Condo/Co-op/Association

  • Community Features: Waterfront
  • Association #2 Fee: 190.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 23086.8
  • Parcel #: 11-2S-21-42010-00L-0240
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2013
Closed on
Dec 18, 2014
Sold by
3E Hogan Properties Llc
Bought by
Russell Michael J and Russell Wanda
Seller's Agent
Jonathan Clark
Rosemary Beach Realty LLC
Buyer's Agent
Linda Quinlan
Century 21 Emerald Paradise
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$2,554,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,254,300
Avg. Annual Appreciation
21.78%
Original Mortgage
$225,000
Outstanding Balance
$173,423
Interest Rate
4.09%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$2,380,877

Purchase Details

Listed on
Aug 24, 2012
Closed on
Jun 10, 2013
Sold by
Burke Adam
Bought by
3 E Hogan Properties Llc
Seller's Agent
John Paul Somers
Somers & Company
Buyer's Agent
Jonathan Clark
Rosemary Beach Realty LLC
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.84%

Purchase Details

Closed on
Jan 18, 2012
Sold by
Rbc Centura Bank
Bought by
Burke Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,874
Interest Rate
3.97%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 13, 2011
Sold by
Mcccall Atwood K
Bought by
Rbc Centura Bank

Purchase Details

Closed on
Mar 11, 2004
Sold by
Intrawest Sandestin Co Llc
Bought by
Mccall Atwood K and Mccall Teresa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,100
Interest Rate
5.72%
Mortgage Type
Unknown
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
Russell Michael J $300,000 Attorney
3 E Hogan Properties Llc $225,000 Aqua Title Inc
Burke Adam $177,165 Landcastle Title Llc
Rbc Centura Bank -- Attorney
Mccall Atwood K $249,000 Dba Advance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Michael J $225,000
Previous Owner Burke Adam $132,874
Previous Owner Mccall Atwood K $224,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2014 12/18/14 Sold $300,000 0.0% --
10/24/2014 10/24/14 Pending -- -- --
12/06/2013 12/06/13 For Sale $300,000 +33.3% --
06/10/2013 06/10/13 Sold $225,000 0.0% -- View Prior Sale
05/18/2013 05/18/13 Pending -- -- --
08/24/2012 08/24/12 For Sale $225,000 -- --
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 $16,634 $2,502,599 $405,018 $2,097,581
2023 $16,634 $1,239,293 $0 $0
2022 $15,560 $2,294,131 $449,570 $1,844,561
2021 $11,151 $1,282,798 $393,221 $889,577
2020 $9,295 $931,099 $312,825 $618,274
2019 $8,956 $901,790 $300,793 $600,997
2018 $8,343 $836,757 $0 $0
2017 $2,818 $284,300 $280,800 $3,500
2016 $2,737 $273,500 $0 $0
2015 $2,933 $288,500 $0 $0
2014 $1,871 $181,512 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 609273

Emerald Coast Association of REALTORS®

APN: 11-2S-21-42010-00L-0240