NOT LISTED FOR SALE

35 Las Palmas Way Santa Rosa Beach, FL 32459

Santa Rosa Neighborhood

Estimated Value: $929,000 - $1,228,000

4 Beds
4 Baths
2,052 Sq Ft
$509/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $500,000 $244 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $6,200/month

137 Days on Market

Highlights

  • Gulf View
  • Deck
  • Furnished
  • Dune Lakes Elementary School Rated A-
  • Mediterranean Architecture
  • Outdoor Shower

About This Home

As of March 2020

This lovely home boasts a fantastic location, on a quiet road just off Scenic Highway 30A, for full enjoyment of the laid-back beach lifestyle of South Walton County, Florida! It's 3 stories feature 4 bedrooms and 4 baths, with an open living/dining/kitchen area for gatherings. Balconies on both the second and third floors allow further enjoyment of the natural surroundings and fresh sea air, plus the huge back deck makes a great outdoor entertaining area! Formerly a vacation rental, the property would serve well as a family home, second home, and/or income-producing property. Some exclusions shall apply.

Last Agent to Sell the Property

John Paul Somers

Somers & Company License #3210089 Listed on: 10/18/2019

Co-Listed By

Rachael Earley

Somers & Company License #3118214

Last Buyer's Agent

Edward Krasauskas

Vacasa Real Estate - SRB License #3097068

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,618

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 58 x 63

HOA Fees

  • $133 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Stucco

Interior Spaces

  • 2,052 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Window Treatments
  • Dining Room
  • Tile Flooring
  • Gulf Views

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Las Palmas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-3S-20-34660-000-0080

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,618

Year Built

Built in 2005

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 58 x 63
  • Co List Office Mls Id: EJPS
  • Co List Office Phone: 850-654-7777
  • Subdivision Name: Las Palmas
  • Directions: From the intersection of Scenic 30A and County Road 393, continue east on Scenic 30A. Continue and then turn left (north) onto Las Palmas Way. Subject property will be on the left.
  • Architectural Style: Mediterranean
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2005
  • 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
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove/Oven Electric, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Floor Tile, Furnished - All, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Interior:Floor Tile: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Lot Features: Within 1/2 Mile to Water
  • View: Gulf
  • Construction Type: Stucco
  • Exterior Features: Deck Open, Shower
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Shower: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Association #2 Fee: 400.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 02-3S-20-34660-000-0080
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2019
Closed on
Mar 30, 2020
Sold by
Gilmore Michael D and Gilmore Laura S
Bought by
Johnson Gary L and Johnson Jane M
Seller's Agent
John Paul Somers
Somers & Company
Buyer's Agent
Edward Krasauskas
Vacasa Real Estate - SRB
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$1,044,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$544,294
Avg. Annual Appreciation
14.50%
Original Mortgage
$475,000
Outstanding Balance
$333,015
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$717,178

Purchase Details

Closed on
Dec 13, 2005
Sold by
Las Palmas Contractors Llc
Bought by
Gilmore Michael D and Gilmore Laura S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
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
Johnson Gary L $500,000 Setco Services Llc
Gilmore Michael D $820,000 Dune Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Gary L $475,000
Previous Owner Gilmore Michael D $100,000
Previous Owner Gilmore Michael D $820,000
Previous Owner Las Palmas Contractors Llc $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2020 03/30/20 Sold $500,000 0.0% $244 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
10/18/2019 10/18/19 For Sale $500,000 -- $244 / 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 $6,618 $859,351 $300,000 $559,351
2023 $6,618 $607,253 $0 $0
2022 $5,546 $650,151 $148,488 $501,663
2021 $4,858 $501,862 $129,876 $371,986
2020 $4,179 $424,847 $118,820 $306,027
2019 $3,756 $381,593 $115,360 $266,233
2018 $3,473 $355,822 $0 $0
2017 $3,069 $309,651 $69,772 $239,879
2016 $3,068 $306,635 $0 $0
2015 $2,997 $294,809 $0 $0
2014 $2,627 $291,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Paul Somers

    Seller's Agent in 2020

    John Paul Somers

    Somers & Company

    (850) 654-7777

    2 in this area

    288 Total Sales

    John Paul Somers
    Section Image
  • Rachael Earley

    Seller Co-Listing Agent in 2020

    Rachael Earley

    Somers & Company

    (850) 225-6478

    2 in this area

    248 Total Sales

    Rachael Earley
    Section Image

  • E

    Buyer's Agent in 2020

    Edward Krasauskas

    Vacasa Real Estate - SRB

    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 833663

Emerald Coast Association of REALTORS®

APN: 02-3S-20-34660-000-0080

Florida Walton County Santa Rosa Beach 32459 Santa Rosa

35 Las Palmas Way, Santa Rosa Beach, FL

This home is located at 35 Las Palmas Way, Santa Rosa Beach, FL 32459 since 18 October 2019 and is currently estimated at $1,044,294, approximately $508 per square foot. This property was built in 2005. 35 Las Palmas Way is a home located in Walton County with nearby schools including Dune Lakes Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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