NOT LISTED FOR SALE

48 Forest Hills Ln Unit 48A Miramar Beach, FL 32550

Miramar Beach Neighborhood

Estimated Value: $506,000 - $594,000

2 Beds
2 Baths
1,178 Sq Ft
$314/mo HOA Fee

Last Sold December 30, 2020

Last sale price $287,500 $244 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,472/month

2 Days on Market

Highlights

  • Beach
  • Spa
  • Gated Community
  • Van R. Butler Elementary School Rated A-
  • Fishing
  • Main Floor Primary Bedroom

About This Home

As of December 2020

Here's your chance to own one of the very best placed townhomes in the Tennis Village at the prestigious TOPS'L Beach & Racquet Resort. This highly desirable 2 bedroom property is located at the end of a cul-de-sac and directly behind the TOPS'L Racquet Club. Here you can enjoy step off your patio access to a heated indoor/outdoor pool and hot tub, an outdoor pool and hot tub, sauna and steam rooms, racquetball courts, a fitness center, and private locker rooms. Just a few steps further, you can perfect your backhand on one of the 12 lighted Rubico clay championship tennis courts. As one of the Top Tennis Resorts in the country, owners and guests can take full advantage of weekly tennis events, drill sessions, round robins, and various tennis clinics. In addition, private and group lessons with USPTA-certified tennis professionals, player-matching services are offered. Not to mention, the expansive sugar-white sand beach is only a leisurely stroll through this private gated lushly landscaped community. With amenities like these, it's clear this property will not last long!

Last Listed By

Michael Taylor

Ocean Reef Realty Inc License #671165 Listed on: 12/02/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,819

Year Built

  • Built in 1984

Lot Details

  • 1,133

HOA Fees

  • $314 Monthly HOA Fees

Parking

  • Carport

Interior Spaces

  • 1,178 Sq Ft Home
  • Furnished
  • Living Room

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Spa
  • Heated Pool

Outdoor Features

  • Built-In Barbecue
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35-2S-21-42110-010-0480

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, management, recreational faclty, security, water, cable TV, trash
  • Tops'l Tennis Village Subdivision

Amenities

  • Community Barbecue Grill
  • Sauna
  • Recreation Room

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Fishing

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,819

Year Built

Built in 1984

Lot Details

0

HOA Fees

$314 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: TOPS'L TENNIS VILLAGE
  • Directions: Turn South into Tops'l main entrance. Turn right into Forest Hills. 48 will be the last villa on the left
  • Architectural Style: N/A
  • Carport Y N: Yes
  • New Construction: No
  • Year Built: 1984
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Floor Tile, Floor WW Carpet, Furnished - Some, Washer/Dryer Hookup
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Pool Features: Pool Type
  • Exterior Features: BBQ Pit/Grill, Hot Tub, Pool - Heated, Porch, Tennis Court
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • General Property Info:Garage2: No
  • Parking Features:Carport3: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Community Sewer, Community Water, Electric, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Exercise Room, Fishing, Gated Community, Pool, Sauna/Steam Room, Tennis
  • Association #2 Fee: 314.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Management, Recreational Faclty, Security, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 35-2S-21-42110-010-0480
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1818.68
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2023
Sold by
Waters Timothy A and Waters Tracy M
Bought by
Waters Family Trust and Waters
Total Days on Market
2
Current Estimated Value
$533,471

Purchase Details

Closed on
May 26, 2023
Sold by
Parsons Robin E Le
Bought by
Waters Timothy A and Waters Tracy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2020
Closed on
Dec 29, 2020
Sold by
Schaffler Margaret M
Bought by
Parsons Robin E
Seller's Agent
Michael Taylor
Ocean Reef Realty Inc
Buyer's Agent
Robin Parsons
World Impact Real Estate
List Price
$287,500
Sold Price
$287,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.90%

Purchase Details

Closed on
Dec 17, 2009
Sold by
Schaffler Thomas F and Schaffler Margaret M
Bought by
Schaffler Margaret M

Purchase Details

Closed on
Sep 12, 2002
Sold by
Ray Randal Earl
Bought by
Schaffler Thomas F and Schaffler Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.5%

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
Waters Family Trust -- None Listed On Document
Waters Timothy A -- Shoreline Title
Parsons Robin E $287,500 Setco Services Llc
Schaffler Margaret M $69,000 None Available
Schaffler Thomas F $170,000 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waters Timothy A $225,000
Previous Owner Schaffler Thomas F $98,000
Previous Owner Schaffler Thomas F $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $287,500 0.0% $244 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
12/02/2020 12/02/20 For Sale $287,500 -- $244 / 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 $2,394 $340,148 -- $340,148
2023 $2,394 $247,628 $0 $0
2022 $2,086 $225,116 $0 $225,116
2021 $2,075 $214,396 $0 $214,396
2020 $1,865 $186,795 $0 $186,795
2019 $1,819 $183,132 $0 $183,132
2018 $1,790 $179,539 $0 $0
2017 $1,728 $174,309 $0 $174,309
2016 $1,661 $166,004 $0 $0
2015 $1,687 $166,004 $0 $0
2014 $1,628 $158,099 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 860135

Emerald Coast Association of REALTORS®

APN: 35-2S-21-42110-010-0480