NOT LISTED FOR SALE

Estimated Value: $8,682,721

1.3 Acres
$6,679,016 Price per Acre
56,628 Sq Ft Lot

Last Sold March 25, 2021

Last sale price $6,275,000

Est. 38% increase in value since last sale

Current estimated payment $51,534/month

5 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • 1.3 Acre Lot
  • Van R. Butler Elementary School Rated A-

About This Lot

As of March 2021

This 1.3 acre gulf front lot, with 131 feet of beach frontage, in the highly coveted neighborhood of Four Mile Village, is one of the last of its kind. Four Mile Village is a hidden coastal paradise nestled between the Coffeen Nature Preserve and Topsail Hill State Park. This gated community offers unparalleled privacy in a natural setting. 300 acres on nearly untouched landscape provides storybook hiking trails, historic landmarks, a coastal dune lake, and 2,200 feet of lightly traversed beach.

Last Agent to Sell the Property

Chris Sause

Berkshire Hathaway HomeServices PenFed Realty License #3233999 Listed on: 02/05/2021

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Chip Jervis

Prudential Coastal Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $34,825

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 150 x 502 x 131 x 413
  • Property fronts gulf or ocean
  • Coastal Setback
  • Property fronts a private road
  • Property is zoned County, Resid Single

HOA Fees

  • $188 Monthly HOA Fees

Property Views

  • Gulf Views

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35-2S-21-42000-015-0000

Community Details

Overview

  • Four Mile Village Subdivision
  • The community has rules related to covenants

Recreation

  • Beach

Property Details

Property Type

Land

Est. Annual Taxes

$34,825

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 1.3
  • Lot Size: 150 x 502 x 131 x 413
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved Road
  • Subdivision Name: FOUR MILE VILLAGE
  • Directions: From Highway 98 turn south onto Village Beach Rd.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Aerials/Topo Availbl, Coastal Setback, Covenants, Restrictions, Survey Available
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • Lot Features:Coastal Setback: Yes
  • Lot Features:AerialsTopo Availbl: Yes

Utilities

  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Waterfront
  • Association #2 Fee: 2250.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 56628.0
  • Parcel #: 35-2S-21-42000-015-0000
  • Zoning: County, Resid Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 34825.2
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 25, 2021
Sold by
Mans Kimberly L and Mans Kimberly L
Bought by
Bruce Don C and Bruce Joan W
Seller's Agent
Chris Sause
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Chip Jervis
Prudential Coastal Properties
List Price
$6,275,000
Sold Price
$6,275,000
Current Estimated Value
$8,682,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,407,721
Avg. Annual Appreciation
7.62%

Purchase Details

Closed on
Sep 15, 2020
Sold by
Roberts David E
Bought by
Mans Kimberly L and Kimberly L Mass Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2018
Sold by
Rb Jb Family Llc
Bought by
Roberts David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,506,552
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2013
Sold by
Beach View Investments Llc
Bought by
Rb Jb Family Llc

Purchase Details

Closed on
Jun 18, 2004
Sold by
Joyce E Donaldson Living Trust
Bought by
Beach View Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,440,000
Interest Rate
5.87%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bruce Don C $6,275,000 None Available
Bruce Don C $6,275,000 None Listed On Document
Mans Kimberly L $5,250,000 Aqua Title
Roberts David E $3,600,000 Attorney
Rb Jb Family Llc $2,500,000 None Available
Beach View Investments Llc -- American Land Title Inc
Beach View Investments Llc $3,050,000 American Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mans Kimberly L $1,500,000
Previous Owner Roberts David E $5,506,552
Previous Owner Rb Jb Family Llc $1,500,000
Previous Owner Beach View Investments Llc $2,440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2021 03/25/21 Sold $6,275,000 0.0% --
02/10/2021 02/10/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $6,275,000 -- --
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 $49,530 $5,451,030 $5,451,030 --
2023 $49,530 $5,451,030 $5,451,030 $0
2022 $52,524 $5,667,619 $5,667,619 $0
2021 $40,602 $4,194,593 $4,194,593 $0
2020 $34,825 $3,488,659 $3,488,659 $0
2019 $33,313 $3,354,480 $3,354,480 $0
2018 $28,465 $2,983,763 $0 $0
2017 $26,677 $2,896,857 $2,896,857 $0
2016 $24,606 $2,653,464 $0 $0
2015 $23,901 $2,147,076 $0 $0
2014 $21,733 $1,858,941 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 863991

Emerald Coast Association of REALTORS®

APN: 35-2S-21-42000-015-0000