NOT LISTED FOR SALE

Estimated Value: $1,048,208 - $1,339,000

5 Beds
3.5 Baths
2,114 Sq Ft
$550/Sq Ft Est. Value

Last Sold November 19, 2015

Last sale price $465,000 $220 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $7,034/month

138 Days on Market

Highlights

  • Gulf View
  • Gated Community
  • Mediterranean Architecture
  • Dune Lakes Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Home Office

About This Home

As of November 2015

Incredible Gulf views from the third floor balcony of this three-story Mediterranean-style home located within a gated neighborhood of only 10 homes just on the north side of Scenic Highway 30A; just a short stroll to one of the three very close beach access points. This beach house features 4 bedrooms, one of which is a convenient first floor master, as well as 3 full and 1 half baths. The additional living space that is currently used as an entertainment room on third floor could function as a large 5th bedroom or bunk area. Tile floors carry throughout its open first floor living area that includes a designer kitchen with granite counters, tumbled marble back splash, stainless steel appliances and bar seating for four. Beautiful plantation shutters throughout negating the additional window coverings. Very large owner's closet as well as an exterior storage building featuring the same Mediterranean architecture as that of the main home. An expansive, private, pavered-courtyard, backed by a green space, providing total seclusion and lantern lighting is ideal for outdoor entertaining day or night. This home also as 2 AC units, and 2 water heaters.
The third floor living space features access to a covered balcony with excellent Gulf view. Great investment property, turn key with minor decor exclusions.

Last Agent to Sell the Property

Kelly Hill

Scenic Sotheby's International Realty Listed on: 05/21/2015

Scenic Sotheby's International Realty

Last Buyer's Agent

Lori Outlaw

Coldwell Banker Realty License #3319103

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,803

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 55 x 60
  • Property fronts a private road
  • Partially Fenced Property
  • Sprinkler System
  • Property is zoned Deed Restrictions, Resid

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • Oversized Parking

Home Design

  • Mediterranean Architecture
  • Slate Roof
  • Aluminum Trim
  • Stucco
  • Slate

Interior Spaces

  • 2,114 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Home Office
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Cultured Marble Bathroom Countertops
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02-3S-20-34660-000-0040

Community Details

Overview

  • Association fees include accounting, electricity, ground keeping, management, master
  • Las Palmas Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,803

Year Built

Built in 2005

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 55 X 60
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: LAS PALMAS
  • Directions: Travel south on Hwy 393 from Hwy 98 E. Turn left (east) on 30-A for approximately 1/4 mile and turn left (north) on Las Palmas into gate. Please call for gate code.
  • Architectural Style: Mediterranean
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2005
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Utilities:Community Water: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Heat - Two or More: Yes
  • Rooms:Office2: Yes
  • Rooms:Den: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Floor Tile, Floor WW Carpet, Furnished - Some, Window Treatment All
  • Window Features: Double Pane Windows
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Lot Features: Within 1/2 Mile to Water
  • View: Gulf
  • Construction Type: Roof Tile/Slate, Slab, Stucco, Trim Aluminum
  • Exterior Features: Balcony, Fenced Lot-Part, Patio Enclosed, Patio Open, Porch, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Trim Aluminum: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Sprinkler System: Yes
  • ConstructionSiding:Roof TileSlate: Yes
  • Exterior:Patio Enclosed: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Oversized
  • Parking Features:Oversized: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Community Water, Electric, Gas - Natural, Public Sewer, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association #2 Fee: 400.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Electricity, Ground Keeping, Management, Master Association

Schools

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

Lot Info

  • Parcel #: 02-3S-20-34660-000-0040
  • Zoning: Deed Restrictions, Resid
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2802.92
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2015
Closed on
Nov 19, 2015
Sold by
Rutz Alan M and Rutz Patricia K
Bought by
Wallace Richard E and Wallace Therese M
Seller's Agent
Kelly Hill
Scenic Sotheby's International Realty
Buyer's Agent
Lori Outlaw
Coldwell Banker Realty
List Price
$465,000
Sold Price
$465,000
Current Estimated Value
$1,163,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$698,052
Avg. Annual Appreciation
9.83%
Original Mortgage
$453,000
Interest Rate
3.78%
Mortgage Type
VA

Purchase Details

Listed on
Oct 1, 2014
Closed on
Jan 23, 2015
Sold by
Mcconnell Lucinda C
Bought by
Rutz Alan M and Rutz Patricia K
Seller's Agent
Tom Whiddon
Destin Exclusive Real Estate
Buyer's Agent
Kelly Hill
Scenic Sotheby's International Realty
List Price
$439,900
Sold Price
$439,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$351,920
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2014
Sold by
Mcconnell Lucinda C and Mcconnell Lucinda M
Bought by
Mcconnell Lucinda C

Purchase Details

Closed on
Oct 22, 2010
Sold by
Mcconnell Kraig F and Mcconnell Lucinda M
Bought by
Mcconnell Lucinda M

Purchase Details

Closed on
Nov 30, 2009
Sold by
Elder William A and Elder Shelley A
Bought by
Mcconnell Kraig F and Mcconnell Lucinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2005
Sold by
Las Palmas Contractors Llc
Bought by
Elder William A and Elder Shelley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,600
Interest Rate
6.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wallace Richard E $465,000 Attorney
Rutz Alan M $439,900 None Available
Mcconnell Lucinda C -- None Available
Mcconnell Lucinda M $127,500 Attorney
Mcconnell Kraig F $325,000 Aqua Title
Elder William A $712,000 Dune Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Richard E $416,800
Closed Wallace Richard E $453,000
Previous Owner Rutz Alan M $351,920
Previous Owner Mcconnell Lucinda $145,000
Previous Owner Mcconnell Kraig F $260,000
Previous Owner Elder William A $569,600
Previous Owner Las Palmas Contractors Llc $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2015 11/19/15 Sold $465,000 0.0% $220 / Sq Ft
10/06/2015 10/06/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $465,000 +5.7% $220 / Sq Ft
01/23/2015 01/23/15 Sold $439,900 0.0% $208 / Sq Ft
12/21/2014 12/21/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $439,900 -- $208 / 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 $6,917 $941,637 $300,000 $641,637
2023 $6,917 $605,203 $0 $0
2022 $5,833 $728,077 $152,465 $575,612
2021 $5,098 $563,895 $133,355 $430,540
2020 $4,559 $468,501 $122,003 $346,498
2019 $4,089 $420,036 $118,450 $301,586
2018 $3,776 $391,298 $0 $0
2017 $3,336 $341,622 $69,772 $271,850
2016 $3,388 $338,565 $0 $0
2015 $2,787 $311,547 $0 $0
2014 -- $309,074 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 730237

Emerald Coast Association of REALTORS®

APN: 02-3S-20-34660-000-0040