NOT LISTED FOR SALE

355 Cobalt Ln Miramar Beach, FL 32550

Estimated Value: $836,632 - $1,044,000

3 Beds
2.5 Baths
2,785 Sq Ft
$348/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $637,000 $229 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,621/month

87 Days on Market

Highlights

  • Waterfront Community
  • Golf Course Community
  • Vaulted Ceiling
  • Van R. Butler Elementary School Rated A-
  • Gated Community
  • Traditional Architecture

About This Home

As of September 2020

This beautiful home in Emerald Bay enjoys a fabulous cul-de-sac location adjoining natural preserve land--the ideal combination of privacy and curb appeal! Loaded with extras and upgrades, the home offers a great custom floorplan, allowing maximum enjoyment of the Emerald Coast lifestyle.
Incredibly spacious, the first floor includes an open living room, dining room, and kitchen, a large master suite, fully screened outdoor space, powder room, and a charming mudroom off the 2-car garage. Gorgeous hardwood floors, 10' ceilings and 8' doors showcase the area. The kitchen boasts the desirable features of other Emerald Bay homes along with many upgrades, including a built-in range, extra large island, quartz countertops, walk-in pantry closet, wine fridge, soft close cabinetry and more. The master suite features his-and-hers closets with laundry, dual sinks/vanities, soaking tub, nice glass shower, and w/c.

On the second level are two additional bedrooms, a large bath with dual sinks, a closet equipped for a second washer/dryer, and a large sitting area, which could be walled off to become a third additional bedroom if desired. Walk-in attic space allows for plentiful storage options--especially considering the spray foam insulation.

The back yard is fully fenced for pets and includes a brick patio with built-in gas line for the grill. Gas also powers the living room fireplace and the attractive lanterns in the front. Emerald Bay homeowners can enjoy the community pool, tennis, and golf course, plus the excellent location straddling the Okaloosa/Walton County line make it the perfect base for exploring the abundant attractions of Destin, Miramar Beach, the Beaches of South Walton, and all the best of the Emerald Coast!

Last Agent to Sell the Property

John Paul Somers

Somers & Company License #3210089 Listed on: 05/04/2020

Co-Listed By

Rachael Earley

Somers & Company License #3118214

Last Buyer's Agent

Lisa Egstad

Real Estate International Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,745

Year Built

  • Built in 2018

Lot Details

  • Lot Dimensions are 83 x 90 x 23 x 75 x 80
  • Coastal Barrier Zone
  • Cul-De-Sac
  • Back Yard Fenced

HOA Fees

  • $98 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,785 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Vaulted Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Living Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Deck
  • Open Patio
  • Built-In Barbecue
  • Porch

Schools

  • Destin Elementary School
  • Emerald Coast Middle School
  • Fort Walton Beach High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30-2S-21-42911-000-0140

Community Details

Overview

  • Emerald Bay Ph 1A Subdivision
  • The community has rules related to covenants

Recreation

  • Waterfront Community
  • Golf Course Community
  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,745

Year Built

Built in 2018

Lot Details

0

HOA Fees

$98 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 83 x 90 x 23 x 75 x 80
  • Road Surface Type: Paved
  • Co List Office Mls Id: EJPS
  • Co List Office Phone: 850-654-7777
  • Subdivision Name: EMERALD BAY PH 1A
  • Directions: The entrance to Emerald Bay is located just west of the Okaloosa/Walton County line, on the north side of Highway 98. Go through the guard gate, turn right onto Indigo Loop, follow the road around, then turn right onto Cobalt Lane and continue until the cul-de-sac at the end. 355 will be straight ahead.
  • Architectural Style: Traditional
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2018
  • Remarks Misc:Remarks: This beautiful home in Emerald Bay enjoys a fabulous cul-de-sac location adjoining natural preserve land--the ideal combination of privacy and curb appeal! Loaded with extras and upgrades, the home offers a great custom floorplan, allowing maximum enjoyment of the Emerald Coast lifestyle. Incredibly spacious, the first floor includes an open living room, dining room, and kitchen, a large master suite, fully screened outdoor space, powder room, and a charming mudroom off the 2-car garage. Gorgeous hardwood floors, 10' ceilings and 8' doors showcase the area. The kitchen boasts the desirable features of other Emerald Bay homes along with many upgrades, including a built-in range, extra large island, quartz countertops, walk-in pantry closet, wine fridge, soft close cabinetry and more.
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Utilities:Community Water: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Washer, Wine Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Fireplace Gas, Floor Hardwood, Lighting Recessed, Pantry, Split Bedroom, Washer/Dryer Hookup, Window Treatmnt Some
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes

Exterior Features

  • Lot Features: Covenants, Cul-De-Sac, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Exterior Features: BBQ Pit/Grill, Deck Enclosed, Fenced Back Yard, Patio Open, Porch
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Restrictions: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Deck Enclosed: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Community Sewer, Community Water, Electric, Gas - Natural, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Golf, Pets Allowed, Pool, Tennis, Waterfront
  • Association #2 Fee: 293.7
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 30-2S-21-42911-000-0140
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres
  • Lot Features Coastal Barrier Zone: Yes

Tax Info

  • Tax Annual Amount: 4744.55
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
Sep 4, 2020
Sold by
Mceachern Kendall B and Mceachern Holly K
Bought by
Daniel Frank J and Daniel Kathleen K
Seller's Agent
John Paul Somers
Somers & Company
Buyer's Agent
Lisa Egstad
Real Estate International Inc
List Price
$637,000
Sold Price
$637,000
Current Estimated Value
$969,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,408
Avg. Annual Appreciation
8.39%
Original Mortgage
$509,600
Outstanding Balance
$452,236
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$517,172

Purchase Details

Closed on
Mar 9, 2018
Sold by
Huff Homes Of Florid Llc
Bought by
Mceachern Kendall B and Mceachern Holly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,100
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2017
Sold by
Emerald Bay Development Corporation
Bought by
Huff Homes Of Florida Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Daniel Frank J $637,000 Customers First Title Co
Mceachern Kendall B $580,000 First Natl Land Title Co Inc
Huff Homes Of Florida Llc $328,000 First National Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniel Frank J $509,600
Previous Owner Mceachern Kendall B $453,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $637,000 0.0% $229 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $637,000 -- $229 / 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 $4,968 $607,747 -- --
2023 $4,968 $590,046 $0 $0
2022 $4,951 $572,860 $0 $0
2021 $5,014 $556,175 $0 $0
2020 $4,552 $493,276 $81,102 $412,174
2019 $4,745 $477,752 $77,983 $399,769
2018 $748 $74,984 $0 $0
2017 $722 $72,800 $72,800 $0
2016 $0 $72,800 $72,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 845760

Emerald Coast Association of REALTORS®

APN: 30-2S-21-42911-000-0140