NOT LISTED FOR SALE

5 Laguna St Unit 301 Fort Walton Beach, FL 32548

Estimated Value: $419,597 - $504,000

3 Beds
3 Baths
1,663 Sq Ft
$624/mo HOA Fee

Last Sold December 15, 2022

Last sale price $390,000 $235 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,264/month

41 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Boat Slip
  • Choctawhatchee Senior High School Rated A-
  • Property fronts a bayou
  • 1-minute walk to Laguna Park

About This Home

As of December 2022

Three bedrooms on the water with an assigned boatslip and extra storage! Price was just reduced to sell. This property includes an assigned deep water boat slip on Cinco Bayou with easy access to Choctawhatchee Bay and the Gulf of Mexico. This three bedroom, three bathroom unit lives large, with beautiful views of the water off your large porch. A large open kitchen, an extra storage unit, assigned covered parking spot, elevator access and a waterfront pool are just a few of the things that make Laguna Landing stand out. This conveniently located property is VA approved, and includes a home warranty through August 2023. Property has a contract with a 72 hour kick out clause.

Last Agent to Sell the Property

The Ketchersid Team

Corcoran Reverie Destin Listed on: 10/05/2022

Corcoran Reverie Destin

Co-Listed By

Jodi Ketchersid

The Ketchersid Group LLC License #3116313

Last Buyer's Agent

Patti Skinner

Coldwell Banker Realty License #3544302

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,472

Year Built

  • Built in 2000

Lot Details

  • Property fronts a bayou

HOA Fees

  • $624 Monthly HOA Fees

Home Design

  • Exterior Columns
  • Flat Roof Shape
  • Frame Construction
  • Flat Roof with Façade front
  • Metal Roof
  • Stucco Exterior Insulation and Finish Systems

Interior Spaces

  • 1,663 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Great Room
  • Bayou Views

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Home Security

Parking

  • 1 Carport Space
  • Guest Parking

Outdoor Features

  • In Ground Pool
  • Boat Slip
  • Docks
  • Balcony
  • Covered Deck

Schools

  • Elliott Point Elementary School
  • Meigs Middle School
  • Choctawhatchee High School

Utilities

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

Listing and Financial Details

  • Minimum Rental Period
  • Assessor Parcel Number 12-2S-24-4585-0000-0301

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, land recreation, legal, licenses/permits, management, recreational faclty, repairs/maintenance, services, sewer, supplies, water, cable TV, trash
  • 25 Buildings
  • 25 Units
  • Laguna Landing Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Recreation Room
  • Elevator
  • Community Storage Space

Recreation

  • Boat Dock
  • Marina
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Building Fire Alarm
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,472

Year Built

Built in 2000

Lot Details

0

HOA Fees

$624 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EHJ1
  • Co List Office Phone: 850-424-3094
  • Subdivision Name: LAGUNA LANDING
  • Directions: Eglin Parkway at the south end of Cinco Bayou Bridge on east side, turn directly into entrance way before the bridge. Unit is on the third floor.
  • Architectural Style: N/A
  • Carport Y N: Yes
  • New Construction: No
  • Year Built: 2000
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Great Room: Yes
  • Waterfront:Bayou: Yes
  • Waterview:Bayou2: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 25
  • Appliances: Dishwasher, Disposal, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Floor Hardwood, Floor Tile, Floor WW Carpet, Kitchen Island, Owner's Closet, Pantry, Washer/Dryer Hookup
  • Stories: 3
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Kitchen Island: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Bayou
  • Waterfront Features: Bayou
  • Waterfront: Yes
  • Construction Type: Frame, Roof Flat, Roof Metal, Siding EIFS, Slab, Stucco
  • Exterior Features: Balcony, Boat Slip, Columns, Deck Covered, Deck Open, Dock, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Columns: Yes
  • ConstructionSiding:Siding EIFS: Yes
  • ConstructionSiding:Roof Flat: Yes
  • Exterior:Boat Slip: Yes
  • Exterior:Dock: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Covered, Guest
  • General Property Info:Garage2: No
  • Parking Features:Guest: Yes
  • Parking Features:Covered: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Dock, Dumpster, Elevators, Fishing, Marina, Minimum Rental Prd, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Separate Storage, TV Cable, Waterfront
  • Association #2 Fee: 624.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Land Recreation, Legal, Licenses/Permits, Management, Recreational Faclty, Repairs/Maintenance, Services, Sewer, Supplies, Water, Cable TV, Trash

Schools

  • Elementary School: Elliott Point
  • High School: Choctawhatchee
  • Middle Or Junior School: Meigs

Lot Info

  • Parcel #: 12-2S-24-4585-0000-0301
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 25

Tax Info

  • Tax Annual Amount: 4472.45
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2024
Sold by
Johnston Amber D and Johnston James E
Bought by
Gilman Michael D
Current Estimated Value
$431,894

Purchase Details

Listed on
Oct 5, 2022
Closed on
Dec 15, 2022
Sold by
Cole Scott Stephen and Cole Diana Maria
Bought by
Johnston James Edward and Johnston Amber Deen
Seller's Agent
The Ketchersid Team
Corcoran Reverie Destin
Buyer's Agent
Patti Skinner
Coldwell Banker Realty
List Price
$425,000
Sold Price
$390,000
Premium/Discount to List
-$35,000
-8.24%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$240,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2018
Sold by
Douglas Mitcael
Bought by
Cole Scott S and Cole Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 25, 2013
Closed on
May 15, 2013
Sold by
Bush James D and Bush Shelby H
Bought by
Douglas Michael
Seller's Agent
Elizabeth Steinberger
RE/MAX by the Sea
Buyer's Agent
Sandra Sharpe
Coldwell Banker Realty
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$283,261
Interest Rate
3.56%
Mortgage Type
VA
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
Gilman Michael D $425,000 Mead Law & Title
Johnston James Edward $390,000 Ketchersid Land & Title
Cole Scott S $290,000 Attorney
Douglas Michael $280,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnston James Edward $240,000
Previous Owner Cole Scott S $290,000
Previous Owner Douglas Michael $283,261
Previous Owner Bush James D $100,000
Previous Owner Bush James D $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2022 12/15/22 Sold $390,000 -2.0% $235 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
11/03/2022 11/03/22 Price Changed $398,000 -0.3% $239 / Sq Ft
10/21/2022 10/21/22 Price Changed $399,000 -2.7% $240 / Sq Ft
10/18/2022 10/18/22 Price Changed $410,000 -3.5% $247 / Sq Ft
10/05/2022 10/05/22 For Sale $425,000 +51.8% $256 / Sq Ft
06/23/2019 06/23/19 Off Market $280,000 -- --
05/15/2013 05/15/13 Sold $280,000 0.0% $168 / Sq Ft
03/22/2013 03/22/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $280,000 -- $168 / 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 $3,299 $267,449 -- --
2023 $3,299 $259,659 $0 $0
2022 $4,622 $310,000 $0 $310,000
2021 $4,472 $310,000 $0 $310,000
2020 $3,893 $248,800 $0 $248,800
2019 $3,613 $228,400 $0 $228,400
2018 $2,683 $208,000 $0 $0
2017 $2,840 $216,827 $0 $0
2016 $2,763 $212,367 $0 $0
2015 $2,780 $210,891 $0 $0
2014 $2,656 $209,217 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 909398

Emerald Coast Association of REALTORS®

APN: 12-2S-24-4585-0000-0301