NOT LISTED FOR SALE

Estimated Value: $1,730,823 - $2,572,000

3 Beds
3.5 Baths
2,305 Sq Ft
$916/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $1,200,000 $521 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $12,582/month

2 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Vaulted Ceiling
  • Bay Elementary School Rated A-
  • Deck
  • Beach House

About This Home

As of June 2020

Nestled in the private neighborhood of Gulf Trace in Grayton Beach, you'll find this unique, cozy beach house that is located just steps to the private beach walk over. Three bedrooms and three and a half bathrooms provide comfortable and relaxing spaces for the whole family. With its architecturally designed indoor/outdoor open floor plan and oversized screened porch, you'll be able to enjoy true Florida living surrounded by beautiful views and natural vegetation. A large storage space and a separate carriage house ideal for hosting plenty of guests are among some of the features which make it the perfect second home, investment property or primary residence. Gulf Trace is a truly exceptional community offering the exclusive advantages of being isolated and protected from adjacent development. Sitting like an island, the community is buffered by the Gulf of Mexico and Grayton Beach State Park on three sides. Providing a laid-back vibe, Gulf Trace values its secluded location among the nature and wildlife of South Walton. Gulf Trace also boasts two private, deeded beach walkovers, a county enforced neighborhood development plan and a voluntary homeowner's association with no mandatory fees.

Last Agent to Sell the Property

Marianne Grant Blake Cooper Group

Christies International Real Estate Emerald Coast Listed on: 06/01/2020

Christies International Real Estate Emerald Coast

Last Buyer's Agent

The BobbyJ Team

30A Local Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,950

Year Built

  • Built in 1996

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80x125
  • Interior Lot

Home Design

  • Beach House
  • Studio
  • Metal Roof

Interior Spaces

  • 2,305 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Workshop
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Covered Parking

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Balcony
  • Deck
  • Terrace

Schools

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

Utilities

  • Central Heating and Cooling System
  • Propane Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 08-3S-19-25020-00C-0020

Community Details

Overview

  • Gulf Trace Subdivision
  • The community has rules related to covenants

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,950

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Lot Size: 80X125
  • Road Surface Type: Paved
  • Subdivision Name: GULF TRACE
  • Directions: From HWY 98 head south on HWY 283. At the intersection of 283 and 30A, take a right heading west. Entrance to Gulf Trace is located on the south side of 30A.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1996
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Utilities:Gas - Propane: Yes
  • Rooms:Screened Porch: Yes
  • Rooms:Separate Apartment: Yes
  • Rooms:Terrace: Yes
  • Rooms:Workshop2: Yes
  • Energy:Water Heater - Propn: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished - All
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Fireplace Gas
  • Fireplace: Yes
  • Flooring: Floor Hardwood, Floor Tile, Floor WW Carpet
  • Interior Amenities: Breakfast Bar, Ceiling Vaulted, Kitchen Island, Lighting Recessed, Pantry
  • Window Features: Window Treatment All
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Fireplace Gas: Yes

Exterior Features

  • Lot Features: Covenants, Interior, Restrictions, Within 1/2 Mile to Water
  • Exterior Features: Balcony, Shower
  • Patio And Porch Features: Deck Open, Porch Screened
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Shower: Yes
  • Exterior:Porch Screened: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Parking Features: Covered
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Gas - Propane, Phone, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Waterfront

Schools

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

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: 08-3S-19-25020-00C-0020
  • Zoning: Resid Single Family

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2024
Sold by
Boots & Pants Llc
Bought by
Swann Laurence Eric and Uzcan Hepsen
Current Estimated Value
$2,111,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,575,000
Outstanding Balance
$1,558,846
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$552,360

Purchase Details

Closed on
Feb 29, 2024
Sold by
Swann Eric and Swann Hepsen
Bought by
Boots & Pants Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2020
Closed on
Jul 15, 2020
Sold by
Perry James T and James T Perry Jr Revocable Tru
Bought by
Tippins Russell B and New Randy L
Seller's Agent
Marianne Grant Blake Cooper Group
Christies International Real Estate Emerald Coast
Buyer's Agent
The BobbyJ Team
30A Local Real Estate
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.50%
Original Mortgage
$500,000
Interest Rate
3.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 1, 2020
Closed on
Jun 19, 2020
Sold by
Perry James T and James T Perry Jr Revocable Tru
Bought by
Swann Eric and Uzcan Hepsen
Seller's Agent
Marianne Grant Blake Cooper Group
Christies International Real Estate Emerald Coast
Buyer's Agent
The BobbyJ Team
30A Local Real Estate
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 10, 2008
Sold by
Perry James T and Croze Perry Marianne
Bought by
James T Perry Jr Revocable Trust
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
Swann Laurence Eric $100 None Listed On Document
Boots & Pants Llc $100 None Listed On Document
Tippins Russell B $700,000 Shoreline Title Llc
Swann Eric $1,200,000 Attorney
James T Perry Jr Revocable Trust -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swann Laurence Eric $1,575,000
Previous Owner Boots & Pants Llc $2,300,000
Previous Owner Perry James T $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $1,200,000 0.0% $521 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $1,200,000 -- $521 / 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 $12,950 $1,549,346 $615,000 $934,346
2023 $12,950 $1,317,783 $0 $0
2022 $12,459 $1,507,344 $666,704 $840,640
2021 $10,542 $1,089,077 $583,140 $505,937
2020 $4,675 $815,359 $392,533 $422,826
2019 $4,537 $494,686 $0 $0
2018 $4,464 $485,462 $0 $0
2017 $4,339 $475,477 $0 $0
2016 $4,284 $465,697 $0 $0
2015 $4,321 $462,460 $0 $0
2014 $4,346 $458,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 846999

Emerald Coast Association of REALTORS®

APN: 08-3S-19-25020-00C-0020