NOT LISTED FOR SALE

5355 Pine Ridge Ln Unit 5355 Miramar Beach, FL 32550

Estimated Value: $855,862 - $996,000

3 Beds
3 Baths
1,750 Sq Ft
$918/mo HOA Fee

Last Sold August 14, 2014

Last sale price $450,000 $257 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $6,113/month

163 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Fishing
  • Van R. Butler Elementary School Rated A-
  • Golf Course Community
  • Home fronts a pond

About This Home

As of August 2014

THIS IS A BEAUTIFUL THREE BEDROOM THREE BATH CONDO IN PINE RIDGE VILLAS, BUILT ON THE HIGHEST RIDGE IN THE SANDESTIN GOLF & BEACH RESORT. THERE IS A COVERED MAIN ENTRY WITHIN TWO-STORY STAIR TOWER FEATURING ARCHED BALCONY RAILING & COVERED GARAGE ENTRY THROUGH UTILITY DEVELOPMENT IS RENTAL CAPABLE. PANORAMIC VIEWS INCLUDE 13TH FAIRWAY & 15TH GREEN OF BAYTOWNE GOLF COURSE. NEIGHBORHOOD SWIMMING POOL- HEATED & HAS BATHROOM CABANAS. 130 MPH IMPACT RATED FRENCH DOORS AND PTG WINDOWS. 10 FT CEILINGS & CROWN MOLDING IN FOYER, LIVING ROOM & ALL BEDROOMS. MASTER SUITE FEATURES WALK-IN CLOSET, TUMBLED MARBLE COUNTERTOPS WITH DOUBLE VANITY, SEPARATE SHOWER WITH SEAT & JACUZZI WHIRLPOOL TUB. WET BAR WITH GRANITE COUNTER TOP AND TUMBLE MARBLE BACKSPLASH IN LIVING AREA. TRAVERTINE MARBLE FLOORING IN FOYER, KITCHEN & MASTER BATH. ALL ELECTRIC KITCHEN INCLUDES GRANITE COUNTER TOP WITH TUMBLED MARBLE FULL UNDER CABINET BACKSPLASH. 24CF GE SIDE-BY-SIDE STAINLESS REFRIGERATOR WITH ICE/WATER IN DOOR, BUILT-IN OVEN WITH MICROWAVE AND SEPARATE BLACK COOKTOP, GE TRITON STAINLESS DISHWASHER, GE DISPOSAL, GE WASHER & DRYER. PINE RIDGE VILLAS IS PERFECTLY LOCATED ON THE BEACH SIDE OF THE SANDESTIN RESORT.

Last Agent to Sell the Property

Ginger Lundstrom

Platinum Realty LLC License #499352 Listed on: 02/04/2014

Last Buyer's Agent

Jane Mills

The Real Estate Market Inc License #3170051

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,836

Year Built

  • Built in 2004

Lot Details

  • Home fronts a pond

HOA Fees

  • $918 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Exterior Columns
  • Frame Construction
  • Slate Roof
  • Stucco
  • Slate

Interior Spaces

  • 1,750 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Plantation Shutters
  • Living Room

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Dressing Area
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Pond
  • Balcony

Schools

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

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-2S-21-42900-001-5355

Community Details

Overview

  • Association fees include accounting, ground keeping, licenses/permits, master, security, cable TV, trash
  • Pine Ridge Villas Subdivision

Amenities

  • Picnic Area

Recreation

  • Boat Dock
  • Marina
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Fishing

Security

  • Gated Community
  • Building Fire Alarm
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,836

Year Built

Built in 2004

Lot Details

0

HOA Fees

$918 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: PINE RIDGE VILLAS
  • Directions: TAKE HWY 98 TO SANDESTIN, TURN INTO THE SOUTH GATE, PINE RIDGE IS ON YOUR IMMEDIATE LEFT.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2004
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Waterfront:Pond: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Tray/Cofferd, Floor Marble, Floor Tile, Floor WW Carpet, Furnished - All, Plantation Shutters, Washer/Dryer Hookup, Wet Bar
  • Stories: 3
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: 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 Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Interior:Wet Bar: Yes
  • Interior:Plantation Shutters: Yes
  • Interior:Floor Marble: Yes

Exterior Features

  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Frame, Roof Tile/Slate, Stucco
  • Exterior Features: Balcony, Columns
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Columns: Yes
  • ConstructionSiding:Roof TileSlate: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Covered
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Covered: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Dock, Exercise Room, Fishing, Gated Community, Golf, Marina, Picnic Area, Pool, Tennis, TV Cable
  • Association #2 Fee: 2754.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Licenses/Permits, Master Association, Security, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 26-2S-21-42900-001-5355
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2014
Closed on
Aug 14, 2014
Sold by
Thebault Investments Llc
Bought by
Thornton Land Company Llc
Seller's Agent
Ginger Lundstrom
Platinum Realty LLC
Buyer's Agent
Jane Mills
The Real Estate Market Inc
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$910,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,966
Avg. Annual Appreciation
6.46%
Original Mortgage
$350,000
Outstanding Balance
$267,372
Interest Rate
4.16%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$643,594

Purchase Details

Closed on
Feb 7, 2005
Sold by
Herlitz J W and Herlitz Julie
Bought by
Thebault Investments Llc

Purchase Details

Closed on
Sep 1, 2004
Sold by
Pine Ridge Villas Llc
Bought by
Herlitz J W and Herlitz Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
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
Thornton Land Company Llc $450,000 None Available
Thebault Investments Llc $725,000 Dba Advance Title
Herlitz J W $503,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton Land Company Llc $350,000
Previous Owner Herlitz J W $333,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2014 08/14/14 Sold $450,000 0.0% $257 / Sq Ft
07/17/2014 07/17/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $450,000 -- $257 / 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 $4,836 $735,000 -- $735,000
2023 $4,836 $433,452 $0 $0
2022 $4,381 $560,438 $0 $560,438
2021 $3,468 $358,225 $0 $358,225
2020 $3,576 $358,225 $0 $358,225
2019 $3,488 $351,208 $0 $351,208
2018 $3,433 $344,313 $0 $0
2017 $3,313 $334,285 $0 $334,285
2016 $3,540 $353,728 $0 $0
2015 $3,596 $353,728 $0 $0
2014 $3,473 $336,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 612321

Emerald Coast Association of REALTORS®

APN: 26-2S-21-42900-001-5355