NOT LISTED FOR SALE

Estimated Value: $1,052,000 - $1,383,000

3 Beds
3.5 Baths
1,738 Sq Ft
$708/Sq Ft Est. Value

Last Sold December 15, 2014

Last sale price $520,000 $299 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $6,953/month

67 Days on Market

Highlights

  • Newly Painted Property
  • Wooded Lot
  • Main Floor Primary Bedroom
  • Dune Lakes Elementary School Rated A-
  • Florida Architecture
  • Balcony

About This Home

As of December 2014

Charming home in secluded location in Magnolia Cottages by The Sea. This extremely well cared for home is located at the end of the street and backs up to a beautiful wooded area, so close to the beach but tucked away in a peaceful serene area. Home has many beautiful finishes including pesky cypress ceiling in living area, Brazilian Cherry hardwood floors throughout home, 2 storage areas and a well equipped kitchen. 3 porches to enjoy the wonderful outdoors. Magnolia Cottages has a great community pool, brick paver streets and deeded beach access. If you are looking for a mint condition property in the ideal location between WaterSound and Rosemary Beach this could be it.

Last Agent to Sell the Property

Scott Cobine

Berkshire Hathaway HomeServices License #681944 Listed on: 08/29/2014

Berkshire Hathaway HomeServices

Last Buyer's Agent

Frances Bright

Carillon Realty Inc License #627082

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,014

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 45x95
  • Wooded Lot

HOA Fees

  • $135 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Newly Painted Property

Interior Spaces

  • 1,738 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Dining Room
  • Hurricane or Storm Shutters
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Schools

  • Bay Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Additional Features

  • Balcony
  • Central Air

Community Details

  • Magnolia Cottages Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-3S-18-16190-00B-0260

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,014

Year Built

Built in 2006

Lot Details

10,149 Sq Ft Lot

HOA Fees

$135 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 45X95
  • Subdivision Name: MAGNOLIA COTTAGES
  • Directions: Magnolia Cottages is located between WaterSond and Alys Beach
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2006
  • Remarks Misc:Remarks: Charming home in secluded location in Magnolia Cottages by The Sea. This extremely well cared for home is located at the end of the street and backs up to a beautiful wooded area, so close to the beach but tucked away in a peaceful serene area. Home has many beautiful finishes including pesky cypress ceiling in living area, Brazilian Cherry hardwood floors throughout home, 2 storage areas and a well equipped kitchen. 3 porches to enjoy the wonderful outdoors. Magnolia Cottages has a great community pool, brick paver streets and deeded beach access. If you are looking for a mint condition property in the ideal location between WaterSound and Rosemary Beach this could be it.
  • Energy:AC - Central Elect: Yes
  • Rooms:Dining Room: Yes
  • Rooms:Laundry2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Furnished - Some, Newly Painted
  • Master Bedroom:First: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Lot Features: Wooded
  • Exterior Features: Balcony, Hurricane Shutters
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Lot Features:Wooded: Yes
  • Exterior:Balcony: Yes
  • Exterior:Hurricane Shutters: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Community Sewer

Condo/Co-op/Association

  • Association #2 Fee: 135.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Bay
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 28-3S-18-16190-00B-0260
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3014.24
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2021
Sold by
Mcgehee Cynthia Thompson
Bought by
Mcgehee Cynthia Thompson and Cindy Mcgehee Revocable Trust
Current Estimated Value
$1,230,802

Purchase Details

Listed on
Aug 29, 2014
Closed on
Dec 15, 2014
Sold by
Watersound Retreat Llc
Bought by
Mcgehee Cynthia Thompson
Seller's Agent
Scott Cobine
Berkshire Hathaway HomeServices
Buyer's Agent
Frances Bright
Carillon Realty Inc
List Price
$520,000
Sold Price
$520,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%

Purchase Details

Listed on
Mar 24, 2012
Closed on
Aug 24, 2012
Sold by
Burkam Garrett L and Summers George A
Bought by
Watersound Retreat L L C
Seller's Agent
JANE BUCKLE
Surfside Property Group
Buyer's Agent
Scott Cobine
Gulf Front Realty Inc
List Price
$355,000
Sold Price
$355,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.97%

Purchase Details

Closed on
Jan 23, 2006
Sold by
Burkham Garrett L
Bought by
Burkam Garrett L and Summers George A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,420
Interest Rate
8.25%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 7, 2004
Sold by
Magnolia Partners Llc
Bought by
Burkam Garrett L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcgehee Cynthia Thompson -- Accommodation
Mcgehee Cynthia Thompson -- Accommodation
Mcgehee Cynthia Thompson $520,000 None Available
Mcgehee Cynthia Thompson $520,000 None Available
Watersound Retreat L L C $355,000 None Available
Watersound Retreat L L C $355,000 None Available
Burkam Garrett L $393,200 None Available
Burkam Garrett L $393,200 None Available
Burkam Garrett L $509,000 --
Burkam Garrett L $509,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burkam Garrett L $720,420
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2014 12/15/14 Sold $520,000 0.0% $299 / Sq Ft
11/04/2014 11/04/14 Pending -- -- --
08/29/2014 08/29/14 For Sale $520,000 +46.5% $299 / Sq Ft
08/24/2012 08/24/12 Sold $355,000 0.0% $206 / Sq Ft View Prior Sale
06/08/2012 06/08/12 Pending -- -- --
03/24/2012 03/24/12 For Sale $355,000 -- $206 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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
2025 $4,130 $500,718 -- --
2024 $3,899 $486,606 -- --
2023 $3,899 $472,433 $0 $0
2022 $3,892 $458,673 $0 $0
2021 $3,941 $445,314 $0 $0
2020 $4,007 $521,913 $147,290 $374,623
2019 $3,887 $429,292 $0 $0
2018 $3,824 $421,288 $0 $0
2017 $3,717 $412,623 $0 $0
2016 $3,668 $404,136 $0 $0
2015 $3,700 $401,327 $0 $0
2014 $3,412 $340,978 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 713119

Emerald Coast Association of REALTORS®

APN: 28-3S-18-16190-00B-0260

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