NOT LISTED FOR SALE

4-8 Cedar Post Rd Santa Rosa Beach, FL 32459

Estimated Value: $756,000 - $2,754,000

0.08 Acre
$22,877,850 Price per Acre
3,485 Sq Ft Lot

Sale Details

Date Sold: October 9, 2020

Last sale price $250,500

Est. 631% increase in value since last sale

Current estimated payment $10,347 / mo

152 Days on Market

Highlights

  • Community Boat Dock
  • Fishing
  • Community Pool
  • Dune Lakes Elementary School Rated A-
  • Gated Community

About This Lot

As of October 2020

Nature and beach lovers alike will find all that they need in the Draper Lake Community. Based on the orientation of this lot the front and back of any prospective home will have green space views. This lot is on the west end of the development allowing convenient passage to the beach access. Lot is set directly across from the 40-foot observation tower capturing panoramic views that include the emerald waters of the Gulf of Mexico and comes with approved plans that are valued at $25,000. This home site will have a Type II house as indicated in the Draper Lake design code. One of the last lots left in a great location.

Last Agent to Sell the Property

Bert Summerville-Kain

Scenic Sotheby's International Realty Brokerage Email: bertsummerville@gmail.com License #675453 Listed on: 04/06/2020

Scenic Sotheby's International Realty

Last Buyer's Agent

Debbie James

Scenic Sotheby's International Realty License #3094866

Scenic Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,883

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 36x85x53x84

HOA Fees

  • $290 Monthly HOA Fees

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 02-3S-20-34350-004-0080

Community Details

Overview

  • Association fees include management, recreational faclty, security
  • Draper Lake Coastal Village Subdivision
  • The community has rules related to covenants

Recreation

  • Community Boat Dock
  • Community Boat Launch
  • Community Pool
  • Fishing

Additional Features

  • Community Pavilion
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,883

Lot Details

3,485 Sq Ft Lot

HOA Fees

$290 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.08
  • Lot Size: 36x85x53x84
  • Road Surface Type: Paved Road
  • Subdivision Name: DRAPER LAKE COASTAL VILLAGE
  • Directions: Heading east on 30A coming from Gulf Place and 393 turn right into the first Draper Lake entrance.. onto Cedar Post Road then make a right at the cul-de-sac and the home site will be on your right.
  • Attribution Contact: bertsummerville@gmail.com
  • Remarks Misc:Remarks: Nature and beach lovers alike will find all that they need in the Draper Lake Community. Based on the orientation of this lot the front and back of any prospective home will have green space views. This lot is on the west end of the development allowing convenient passage to the beach access. Lot is set directly across from the 40-foot observation tower capturing panoramic views that include the emerald waters of the Gulf of Mexico and comes with approved plans that are valued at $25,000. This home site will have a Type II house as indicated in the Draper Lake design code. One of the last lots left in a great location.
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Special Features: None

Exterior Features

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

Utilities

  • Utilities: Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Boat Launch, Dock, Fishing, Gated Community, Pavillion/Gazebo, Pool, Owners Pets Allowed
  • Association #2 Fee: 870.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Management, Recreational Faclty, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 02-3S-20-34350-004-0080
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1883.48
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2020
Closed on
Oct 9, 2020
Sold by
Swann James and Swann Debbie
Bought by
Mitchell Lisa and Mitchell Mark
Seller's Agent
Bert Summerville-Kain
Scenic Sotheby's International Realty
Buyer's Agent
Debbie James
Scenic Sotheby's International Realty
List Price
$250,500
Sold Price
$250,500
Current Estimated Value
$1,830,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,579,728
Avg. Annual Appreciation
43.37%

Purchase Details

Listed on
Apr 18, 2016
Closed on
Sep 26, 2016
Sold by
Finch Management Llc
Bought by
Swann James and Swann Debbie
Seller's Agent
Blake Morar Group
Scenic Sotheby's International Realty
Buyer's Agent
Bert Summerville-Kain
Scenic Sotheby's International Realty
List Price
$255,000
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.44%

Purchase Details

Closed on
Dec 2, 2014
Sold by
Nogfinch Llc
Bought by
Finch Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,113
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2013
Sold by
Kitty Classic Cars Llc
Bought by
Nogfinch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,177
Interest Rate
3.55%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 5, 2012
Sold by
Dunedin Realty Advisors Llc
Bought by
Kitty Classic Cars Llc

Purchase Details

Closed on
Aug 16, 2004
Sold by
Draper Lake Llc
Bought by
Dunedin Realty Advisors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
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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Purchase History

Date Buyer Sale Price Title Company
Mitchell Lisa $250,500 Aqua Title Services
Mitchell Lisa $250,500 Aqua Title Services
Swann James $255,000 Attorney
Swann James $255,000 Attorney
Finch Management Llc $109,900 None Available
Finch Management Llc $109,900 None Available
Nogfinch Llc $116,200 Mcgill Escrow & Title Llc
Nogfinch Llc $116,200 Mcgill Escrow & Title Llc
Kitty Classic Cars Llc $85,000 Neighborhood Title Group
Kitty Classic Cars Llc $85,000 Neighborhood Title Group
Dunedin Realty Advisors Llc $500,000 --
Dunedin Realty Advisors Llc $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Finch Management Llc $118,113
Previous Owner Nogfinch Llc $116,177
Previous Owner Dunedin Realty Advisors Llc $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2020 10/09/20 Sold $250,500 0.0% --
09/05/2020 09/05/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $250,500 -1.8% --
09/23/2016 09/23/16 Sold $255,000 0.0% -- View Prior Sale
09/02/2016 09/02/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $255,000 -- --
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 $3,428 $480,000 $480,000 --
2024 $2,943 $420,000 $420,000 --
2023 $2,943 $239,325 $0 $0
2022 $2,340 $291,375 $291,375 $0
2021 $1,915 $197,789 $197,789 $0
2020 $1,560 $156,277 $156,277 $0
2019 $1,883 $189,656 $189,656 $0
2018 $1,836 $184,132 $0 $0
2017 $1,772 $178,769 $178,769 $0
2016 $1,481 $156,267 $0 $0
2015 $1,285 $126,445 $0 $0
2014 $1,077 $104,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 844220

Emerald Coast Association of REALTORS®

APN: 02-3S-20-34350-004-0080

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