NOT LISTED FOR SALE

Estimated Value: $2,603,000

0.86 Acres
$3,026,744 Price per Acre
37,462 Sq Ft Lot

Last Sold May 18, 2016

Last sale price $100,000

Est. 2,503% increase in value since last sale

Current estimated payment $13,761/month

61 Days on Market

Highlights

  • Waterfront Community
  • Community Boat Dock
  • Wooded Lot
  • Dune Lakes Elementary School Rated A-
  • Fishing
  • Interior Lot

About This Lot

As of May 2016

SELLER SAYS SELL! BUY NOW BEFORE IT'S TOO LATE!!! Build your dreams in Point Washington! Bay Magnolia is a premier community close to everything, yet away from it all. Bay Magnolia offers a serine, peaceful atmosphere tucked between the unspoiled Florida landscape of nature preserve, state forest, & the beauty of Choctawhatchee Bay. The community has a private neighborhood beach & Bay Front park with a gazebo & community dock. Truly a Boater's & Nature Lover's Paradise! Located close to Eden Gardens State Park, Point Washington State Forest, yet only 4 miles away from the ''Beach Life'' of HWY 30A, beaches, restaurants, and shopping! Seaside Community school offers an additional option for schooling. Large estate sized lot, .... MORE has covenants that allow a separate carriage house & under ground utilities. The perfect location to call Hom

Last Agent to Sell the Property

Karen Martineau

RE/MAX Coastal Properties License #3096846 Listed on: 03/09/2016

RE/MAX Coastal Properties

Co-Listed By

Glenda Lichorwic

RE/MAX Coastal Properties License #3247032

Last Buyer's Agent

Chris Sause

Berkshire Hathaway HomeServices PenFed Realty License #3233999

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $534

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 40' x 214.52' x 106.17' x 50.24' x 46.97' x 272.82
  • Interior Lot
  • Wooded Lot
  • Property is zoned Deed Restrictions, Resid

HOA Fees

  • $42 Monthly HOA Fees

Schools

  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 27-2S-19-24060-00B-0030

Community Details

Overview

  • Bay Magnolia Subdivision
  • The community has rules related to covenants

Amenities

  • Community Pavilion

Recreation

  • Community Boat Dock
  • Waterfront Community
  • Fishing

Property Details

Property Type

Land

Est. Annual Taxes

$534

Lot Details

0.86 Acres

HOA Fees

$42 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.86
  • Lot Size: 40' x 214.52' x 106.17' x 50.24' x 46.97' x 272.82
  • Road Surface Type: Gravel/Oyster Shell
  • Co List Office Mls Id: EMAX
  • Co List Office Phone: 850-837-9900
  • Subdivision Name: Bay Magnolia
  • Directions: From Hwy 98, Turn onto Bay Dr / County Hwy-283 / County Hwy-283N. Turn right onto E Point Washington Rd. Take 2nd entrance into Bay Magnolia, Turn left onto Amelia Ln. Lot is on the Left.
  • Remarks Misc:Remarks: SELLER SAYS SELL! BUY NOW BEFORE IT'S TOO LATE!!! Build your dreams in Point Washington! Bay Magnolia is a premier community close to everything, yet away from it all. Bay Magnolia offers a serine, peaceful atmosphere tucked between the unspoiled Florida landscape of nature preserve, state forest, & the beauty of Choctawhatchee Bay. The community has a private neighborhood beach & Bay Front park with a gazebo & community dock. Truly a Boater's & Nature Lover's Paradise! Located close to Eden Gardens State Park, Point Washington State Forest, yet only 4 miles away from the ''Beach Life'' of HWY 30A, beaches, restaurants, and shopping! Seaside Community school offers an additional option for schooling. Large estate sized lot, .... MORE
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Underground: Yes
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Covenants, Interior, Restrictions, Survey Available, Within 1/2 Mile to Water, Wooded
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes

Utilities

  • Utilities: Public Sewer, Public Water, Underground

Condo/Co-op/Association

  • Community Features: Dock, Fishing, Pavillion/Gazebo, Pets Allowed, Waterfront, Owners Pets Allowed
  • Association #2 Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 37461.6
  • Parcel #: 27-2S-19-24060-00B-0030
  • Zoning: Deed Restrictions, Resid
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 534.28
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2016
Closed on
May 18, 2016
Sold by
Baya Joseph and Baya Stephanie
Bought by
Tidwell Robert
Seller's Agent
Karen Martineau
RE/MAX Coastal Properties
Buyer's Agent
Chris Sause
Berkshire Hathaway HomeServices PenFed Realty
List Price
$100,000
Sold Price
$100,000
Current Estimated Value
$2,603,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,503,000
Avg. Annual Appreciation
39.27%

Purchase Details

Closed on
Mar 16, 2015
Sold by
Perrine Lawrence E and Perrine Nancy H
Bought by
Baya Joseph and Baya Stephanie

Purchase Details

Closed on
Feb 7, 2013
Sold by
Burwell Ralph R
Bought by
Perrine Lawrence E and Perrine Nancy H

Purchase Details

Closed on
May 27, 2004
Sold by
Henderson Roger and Henderson Nancy
Bought by
Burwell Ralph R

Purchase Details

Closed on
Aug 3, 2002
Sold by
Magnolia Bay
Bought by
Henderson Roger and Henderson Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,150
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Tidwell Robert $100,000 Customers First Title Co
Baya Joseph $93,000 Attorneys Title Of Nw Fl Inc
Perrine Lawrence E $58,500 Attorney
Burwell Ralph R $195,000 Acquire Land Title Inc
Henderson Roger $63,500 Coastal Title Group Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Henderson Roger $57,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2016 05/18/16 Sold $100,000 0.0% --
05/09/2016 05/09/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $100,000 -- --
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 $2,104 $295,000 $295,000 --
2024 $1,559 $295,000 $295,000 --
2023 $1,559 $146,640 $0 $0
2022 $1,427 $176,914 $176,914 $0
2021 $1,334 $154,740 $154,740 $0
2020 $1,115 $113,254 $113,254 $0
2019 $1,039 $108,898 $108,898 $0
2018 $908 $91,052 $0 $0
2017 $876 $88,400 $88,400 $0
2016 $851 $85,000 $0 $0
2015 $534 $57,300 $0 $0
2014 -- $43,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 748158

Emerald Coast Association of REALTORS®

APN: 27-2S-19-24060-00B-0030

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