NOT LISTED FOR SALE

503 Flatwoods Forest Loop Santa Rosa Beach, FL 32459

Estimated Value: $1,445,000 - $1,715,000

4 Beds
4.5 Baths
2,912 Sq Ft
$545/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $1,260,000 $433 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $10,533/month

25 Days on Market

Highlights

  • Fishing
  • Home fronts a pond
  • Pond
  • Bay Elementary School Rated A-
  • Pond View
  • Beach House

About This Home

As of April 2021

Settled in the gorgeous NatureWalk at Seagrove community, this 2-story Florida cottage is professionally decorated with new furnishings, electronics and includes a brand new (2021) 6 seater golf cart. Sleeps 14. This stunning property would be a lucrative investment for any second home or vacation rental. Two guest suites, a custom bunk room with 4 queen beds and private bath. An open and airy master suite, and luxury bathroom, complete with a soaker tub and separate walk-in shower, to be a place of rejuvenation and relaxation. The expansive kitchen showcases stunning Carrera marble countertops, shaker style cabinets all the way to the ceiling, subway tile backsplash, built in appliances including gas cooktop. Wide open living, kitchen, dining perfect for entertaining. Gas fireplace with matching Carrera marble surround. Screened porch overlooking the pond. Prime location near 30A and Seaside! This premier location offers accessibility to area restaurants and Publix just right next door. Amenities in community include a trail to the beach - just under 1 mile, The Gathering Place is centrally located and features a playground, heated lap pool, zero entry pool, hot tub, fire pit, grills, tv, bar area for parties and plenty of seating. Other community amenities include fitness stations, multi-purpose courts, pickleball, and trails throughout.

Last Agent to Sell the Property

Susan Kadi

Corcoran Reverie SRB License #3318670 Listed on: 01/15/2021

Corcoran Reverie SRB

Last Buyer's Agent

Scott Cobine

Berkshire Hathaway HomeServices License #681944

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,091

Year Built

  • Built in 2018

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 43.31 x 95 x 53.92 x 95.03
  • Home fronts a pond
  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Off Grade Structure
  • Ridge Vents on the Roof
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 2,912 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Shelving
  • Beamed Ceilings
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Double Pane Windows
  • Window Treatments
  • Breakfast Room
  • Screened Porch
  • Pond Views

Kitchen

  • Walk-In Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors

Outdoor Features

  • Outdoor Shower
  • Pond

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period
  • Assessor Parcel Number 11-3S-19-25010-000-1940

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, management, master, security, cable TV
  • Naturewalk At Seagrove Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Playground
  • Community Whirlpool Spa
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,091

Year Built

Built in 2018

Lot Details

0

HOA Fees

$290 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: 43.31 x 95 x 53.92 x 95.03
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: NATUREWALK AT SEAGROVE
  • Directions: From Hwy 98 turn south on Hwy 395. Naturewalk is a few miles down on the East (left) before reaching Publix. From Hwy 30A turn North on Hwy 395, go just past Publix and the fire station and Naturewalk will be on your right.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2018
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Security System, Stove/Oven Gas, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Interior Amenities: Ceiling Beamed, Ceiling Tray/Cofferd, Fireplace, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Shelving, Washer/Dryer Hookup, Window Treatment All
  • Window Features: Double Pane Windows, Storm Window(s)
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Appliances:StoveOven Gas: Yes
  • Appliances:Security System: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Pond
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Foundation Off Grade, Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Porch Screened, Shower, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • ConstructionSiding:Foundation Off Grade: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • General Property Info:Garage2: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Fishing, Minimum Rental Prd, Pets Allowed, Picnic Area, Playground, TV Cable, Whirlpool
  • Association #2 Fee: 870.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Management, Master Association, Security, Cable TV

Schools

  • Elementary School: Dune Lakes
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: 11-3S-19-25010-000-1940
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8090.64
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Apr 8, 2021
Sold by
Bonin Christopher E and Bonin Kristin R
Bought by
Horning Michelle A and Horning Lee J
Seller's Agent
Susan Kadi
Corcoran Reverie SRB
Buyer's Agent
Scott Cobine
Berkshire Hathaway HomeServices
List Price
$1,260,000
Sold Price
$1,260,000
Total Days on Market
25
Current Estimated Value
$1,586,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,009
Avg. Annual Appreciation
6.32%
Original Mortgage
$996,000
Outstanding Balance
$908,950
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$717,061

Purchase Details

Listed on
Aug 8, 2020
Closed on
Sep 25, 2020
Sold by
Robertson Betty Lynn and Gill Tommi Lynn
Bought by
Bonin Christopher E and Bonin Kristin R
Seller's Agent
Joe Fagundes
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Bill Ullery
Berkshire Hathaway HomeServices
List Price
$877,000
Sold Price
$877,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
95.63%
Original Mortgage
$789,300
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2018
Sold by
Klp Destin Llc
Bought by
Robertson Betty Lynn and Gill Tommi Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,100
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Horning Michelle A $1,260,000 Attorney
Bonin Christopher E $877,700 Setco Services Llc
Robertson Betty Lynn $766,100 K Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horning Michelle A $996,000
Previous Owner Bonin Christopher E $789,300
Previous Owner Robertson Betty Lynn $453,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $1,260,000 0.0% $433 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $1,260,000 +43.7% $433 / Sq Ft
09/25/2020 09/25/20 Sold $877,000 0.0% $301 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $877,000 -- $301 / 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 $16,082 $1,317,344 $278,916 $1,038,428
2023 $16,082 $1,353,080 $278,916 $1,074,164
2022 $15,472 $1,260,831 $309,596 $951,235
2021 $10,070 $721,639 $116,963 $604,676
2020 $8,428 $660,614 $107,006 $553,608
2019 $8,223 $640,773 $103,890 $536,883
2018 $2,848 $100,864 $0 $0
2017 $582 $97,926 $97,926 $0
2016 $157 $15,654 $0 $0
2015 $149 $14,630 $0 $0
2014 $137 $13,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 862509

Emerald Coast Association of REALTORS®

APN: 11-3S-19-25010-000-1940