NOT LISTED FOR SALE

40 Green Island Way Miramar Beach, FL 32550

Estimated Value: $623,000 - $690,000

3 Beds
2 Baths
1,480 Sq Ft
$443/Sq Ft Est. Value

Last Sold October 17, 2014

Last sale price $310,000 $209 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,916/month

162 Days on Market

Highlights

  • Deeded access to the beach
  • In Ground Pool
  • Vaulted Ceiling
  • Van R. Butler Elementary School Rated A-
  • Newly Painted Property
  • Traditional Architecture

About This Home

As of October 2014

WOW... $60,000 in Rental Revenue!! Great primary, second, or vacation rental home located just 400 yards from the deeded beach access. Open and split floor plan with tile floors in living areas and carpet in the bedrooms. Some of the many features of this home include vaulted ceilings, fireplace, tile floors, spacious kitchen with breakfast bar. Master suite with full tub & separate shower, & a formal dining room. This is one of the few homes with a pool. This wonderful neighborhood is conveniently located close to Silver Sands Outlet Mall, award winning restaurants, golfing and more. The home is being sold completely furnished & ready for you or your renters (few exclusions). You're just a short stroll from the pristine, sugar white beach & emerald green waters of the Gulf of Mexico. Be sure to add this home to your ''Must See'' list

Last Agent to Sell the Property

Paul Shorey

World Impact Real Estate License #3120823 Listed on: 03/09/2014

Last Buyer's Agent

Nikki Segraves

ERA American Real Estate License #3070604

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,822

Year Built

  • Built in 2000

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Back Yard Fenced
  • Level Lot
  • Cleared Lot

HOA Fees

  • $51 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Traditional Architecture
  • Newly Painted Property

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dressing Area
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach
  • Open Patio

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 28-2S-21-42600-000-0040

Community Details

Overview

  • Association fees include accounting, legal, management, utilities, recreational faclty
  • Seaspray Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,822

Year Built

Built in 2000

Lot Details

0

HOA Fees

$51 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Lot Size: 50X100
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: SEASPRAY
  • Directions: Seaspray is located across from the Miramar Post Office. Enter Seaspray subdivision & take the first street to left, house will be on the right.
  • Architectural Style: Traditional
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2000
  • 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
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Dryer, Oven Self Cleaning, Range Hood, Refrigerator, Stove/Oven Electric, Warranty Provided, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Vaulted, Fireplace, Floor Vinyl, Floor WW Carpet New, Furnished - All, Newly Painted, Pantry, Split Bedroom, Washer/Dryer Hookup, Window Treatmnt Some
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Warranty Provided: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Newly Painted: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Fireplace: Yes
  • Interior:Floor WW Carpet New: Yes

Exterior Features

  • Lot Features: Cleared, Level, Within 1/2 Mile to Water
  • Construction Type: Slab
  • Exterior Features: Fenced Back Yard, Patio Open, Pool - In-Ground
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Cleared: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Pool - In-Ground: Yes

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Deed Access, Pool
  • Association #2 Fee: 606.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Legal, Management, Other Utilities, Recreational Faclty

Schools

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

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 28-2S-21-42600-000-0040
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2022
Sold by
Johnston and Kathleen
Bought by
J2m Capital Llc
Current Estimated Value
$655,194

Purchase Details

Listed on
Mar 9, 2014
Closed on
Oct 17, 2014
Sold by
Foy John C and Foy Twila D
Bought by
Reed Edward S
Seller's Agent
Paul Shorey
World Impact Real Estate
Buyer's Agent
Nikki Segraves
ERA American Real Estate
List Price
$310,000
Sold Price
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$279,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2014
Closed on
Oct 15, 2014
Sold by
Martin Ryan and Martin Sara
Bought by
Foy John C and Foy Twila D
Seller's Agent
Paul Shorey
World Impact Real Estate
Buyer's Agent
Nikki Segraves
ERA American Real Estate
List Price
$310,000
Sold Price
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2005
Sold by
Warrington Margaret Wonders
Bought by
Foy John C and Foy Twila D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,500
Interest Rate
2%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 14, 2000
Sold by
Adams Homes Of Northwest Florida Inc
Bought by
Warrington David M and Warrington Margaret W

Purchase Details

Closed on
Jan 28, 2000
Sold by
Seaspray Development Llc
Bought by
Adams Homes Of Northwest Florida Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750,000
Interest Rate
8.02%
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
J2m Capital Llc $100 Mead Law And Title
Reed Edward S $310,000 H & S Title & Escrow Inc
Foy John C -- H & S Title & Escrow Inc
Foy John C $445,000 H & S Title & Escrow Inc
Warrington David M $136,800 --
Adams Homes Of Northwest Florida Inc $39,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reed Edward S $279,000
Previous Owner Foy John C $311,500
Previous Owner Adams Homes Of Northwest Florida Inc $105,750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2014 10/17/14 Sold $310,000 0.0% $209 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
03/09/2014 03/09/14 For Sale $310,000 -- $209 / 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 $4,822 $566,116 $125,000 $441,116
2023 $4,822 $530,664 $84,441 $446,223
2022 $4,126 $445,242 $93,729 $351,513
2021 $3,041 $321,995 $81,981 $240,014
2020 $2,781 $278,598 $75,002 $203,596
2019 $2,721 $273,947 $72,117 $201,830
2018 $2,492 $249,934 $0 $0
2017 $2,449 $247,086 $67,324 $179,762
2016 $2,428 $242,641 $0 $0
2015 $2,422 $238,277 $0 $0
2014 -- $197,735 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 700545

Emerald Coast Association of REALTORS®

APN: 28-2S-21-42600-000-0040