NOT LISTED FOR SALE

501 Magnolia Place Miramar Beach, FL 32550

Estimated Value: $590,804 - $672,000

4 Beds
3 Baths
1,640 Sq Ft
1976 Built

Last Sold September 02, 2021

Last sale price $537,000 $327 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,751/month

9 Days on Market

Highlights

  • Boat Dock
  • Golf Course Community
  • Private Pool
  • Van R. Butler Elementary School Rated A-
  • Fitness Center
  • Gated Community

About This Home

As of September 2021

This lovely golf course 4 bdrm 3 bath condo is a gem! And what a great VALUE! And it's an END UNIT! Magnolia Beach Condos at Sandestin Golf & Beach Resort make for an incredible home or vacation rental. Nestled between Choctawhatchee Bay and the Gulf of Mexico, Sandestin Resort has golf, restaurants, shuttle service, beach access, marina, hiking and biking trails, hotels, conference centers. The Baytowne Wharf Neighborhood has additional market place shops, restaurants, entertainment areas. All of this is right at your fingertips. This is a great opportunity for you to OWN THE LIFESTYLE!

Last Agent to Sell the Property

KAREN JURKOWICH

Non Member Office (NABOR) License #SL3048990 Listed on: 06/17/2021

Non Member Office (NABOR)

Last Buyer's Agent

Crystal Watkins

Destin Homes & Land Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,176

Year Built

  • Built in 1976

Parking

  • 2 Parking Garage Spaces

Home Design

  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,640 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Vinyl Flooring

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony
  • Patio

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 27-2S-21-42040-000-5010

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, master, recreational faclty, security, trash, water
  • Magnolia Village Condo Subdivision

Recreation

  • Boat Dock
  • Golf Course Community
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Picnic Area
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,176

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: A
  • Property Sub Type: Condominium
  • Design: N/A
  • Legal Description: UNIT 501 MAGNOLIA VILLAGE CONDO IN SANDESTIN & 1/12 INT IN COMMON ELEMENT OR 2300-1484
  • List Type: Exclusive Right of Sale
  • Project Facilities: Dock, Exercise Room, Gated Community, Golf, Pets Allowed, Picnic Area, Pool, TV Cable
  • Stories In Unit: 2
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Washer
  • Interior Amenities: Floor Vinyl, Furnished - None, Washer/Dryer Hookup
  • Bedroom Location: First, Second
  • Lower Floor 1 Bedrooms: 4
  • Master Bedroom: Second
  • Total Bathrooms: 3.00
  • Living Room: First
  • Estimated Heated Cooled Sq Ft: 1640.00
  • Dining Kitchen: First

Exterior Features

  • Pool Type: Community
  • Construction Siding: Block, Roof Composite Shngl, Siding Vinyl
  • New Construction: Construction Complete
  • Exterior: Balcony, Patio Open
  • Pool: Yes

Garage/Parking

  • Assigned Spaces: 2.00
  • Carport: No
  • Garage Spaces: No
  • Parking Features: See Remarks

Utilities

  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Fees Include: Insurance, Master Association, Recreational Faclty, Security, Trash, Water

Fee Information

  • Assessment Fees: Yes
  • New Buyer Fee: No

Schools

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

Lot Info

  • Assessment Amount: 580.00
  • Homestead: No
  • Assessor Parcel Number: 27-2S-21-42040-000-5010

Green Features

  • Energy Efficiency: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect

Rental Info

  • Existing Leases: 1 - 3 Years
  • Is Subject Leased: Yes
  • Lease Expiration Dt: 2021-11-23
  • Monthly Rent: 2300.0000

Tax Info

  • Last Taxes: 2176.06
  • Last Tax Year: 2020

Multi Family

  • Occupancy Status: Occupied

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Sep 2, 2021
Sold by
Perry Anne and John J Mcgill Revocable Trust
Bought by
Roth Stephen and Roth Stefanie
Seller's Agent
KAREN JURKOWICH
Non Member Office (NABOR)
Buyer's Agent
Crystal Watkins
Destin Homes & Land Realty Inc
List Price
$499,900
Sold Price
$537,000
Premium/Discount to List
$37,100
7.42%
Current Estimated Value
$639,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,701
Avg. Annual Appreciation
4.39%
Original Mortgage
$402,750
Outstanding Balance
$343,669
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$296,032

Purchase Details

Closed on
Dec 15, 2000
Sold by
Mcgill John J and Mcgill Claudette B
Bought by
Mcgill John J and Mcgill Claudette B
Source: Public Records

Range of Values:

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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
Roth Stephen $537,000 Attorney
Mcgill John J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roth Stephen $402,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $537,000 +7.4% $327 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $499,900 0.0% $305 / Sq Ft
11/20/2019 11/20/19 Rented $2,300 0.0% --
11/20/2019 11/20/19 Under Contract -- -- --
08/28/2019 08/28/19 For Rent $2,300 -- --
Source: Navarre Area Board 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 $4,303 $473,550 -- $473,550
2023 $4,303 $473,550 $0 $473,550
2022 $3,990 $430,500 $0 $430,500
2021 $2,468 $270,600 $0 $270,600
2020 $2,176 $217,989 $0 $217,989
2019 $2,122 $213,708 $0 $213,708
2018 $2,089 $209,510 $0 $0
2017 $2,016 $203,409 $0 $203,409
2016 $789 $115,860 $0 $0
2015 $795 $115,055 $0 $0
2014 $799 $114,142 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Navarre Area Board of REALTORS®

MLS Number: 874948

Navarre Area Board of REALTORS®

APN: 27-2S-21-42040-000-5010