NOT LISTED FOR SALE

5406 Terrace Ln S Unit 5406 Miramar Beach, FL 32550

Estimated Value: $1,123,166 - $1,266,000

3 Beds
3.5 Baths
2,430 Sq Ft
$494/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $543,000 $223 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $7,446/month

2,054 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Gated Community
  • Van R. Butler Elementary School Rated A-
  • Fishing
  • Main Floor Primary Bedroom

About This Home

As of April 2013

Elegant South Seas style decor abounds in this spacious three bedroom, three and a half bath beach villa. This home offers a spacious livable floorplan with screened patio and balcony and 2-car garage. Walk to beach and fine dining. Views of beautifully bunkered greens and lush fairways of Baytowne Golf Course

Last Agent to Sell the Property

Ginger Lundstrom

Platinum Realty LLC License #499352 Listed on: 07/19/2007

Last Buyer's Agent

Sarah Stone

Scenic Sotheby's International Realty License #3093630

Scenic Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,369

Year Built

  • Built in 1992

Lot Details

  • 3,615

HOA Fees

  • $435 Monthly HOA Fees

Home Design

  • Villa
  • Property Attached

Interior Spaces

  • 2,430 Sq Ft Home
  • 2-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 35-2S-21-42400-000-5406

Community Details

Overview

  • Tivoli Terrace Ph 1 Subdivision

Recreation

  • Marina
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,369

Year Built

Built in 1992

Lot Details

0

HOA Fees

$435 per month

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Subdivision Name: TIVOLI TERRACE PH 1
  • Directions: TAKE HWY 98 TO SANDESTIN. TURN ON SOUTH-SIDE, LEFT AT FOUR-WAY STOP.
  • Architectural Style: Villa
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1992
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Master Bedroom:First: Yes

Exterior Features

  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Beach, Fishing, Gated Community, Golf, Marina, Playground, Pool, Tennis
  • Association #2 Fee: 435.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 35-2S-21-42400-000-5406
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2019
Sold by
Gregory Will M and Gregory Jean
Bought by
Coane Casey W and Coane Judith Ann
Current Estimated Value
$1,200,292

Purchase Details

Listed on
Jul 19, 2007
Closed on
Apr 19, 2013
Sold by
Leitman Jerry D and Leitman Marcia
Bought by
Gregory Will M and Gregory Jean
Seller's Agent
Ginger Lundstrom
Platinum Realty LLC
Buyer's Agent
Sarah Stone
Scenic Sotheby's International Realty
List Price
$543,000
Sold Price
$543,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$401,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2001
Sold by
Stephens Carolyn T
Bought by
Leitman Jerry D and Leitman Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.99%
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
Coane Casey W $720,000 None Available
Gregory Will M $543,000 Attorney
Leitman Jerry D $480,000 Advance Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gregory Will M $401,000
Previous Owner Leitman Jerry D $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2013 04/19/13 Sold $543,000 0.0% $223 / Sq Ft
03/03/2013 03/03/13 Pending -- -- --
07/19/2007 07/19/07 For Sale $543,000 -- $223 / 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 $8,369 $848,468 $300,000 $548,468
2023 $8,369 $709,970 $0 $0
2022 $5,981 $645,427 $0 $645,427
2021 $5,950 $614,693 $0 $614,693
2020 $6,136 $614,693 $0 $614,693
2019 $4,527 $493,225 $0 $0
2018 $4,454 $484,028 $0 $0
2017 $4,331 $474,072 $0 $0
2016 $4,276 $464,321 $0 $0
2015 $4,312 $461,093 $0 $0
2014 $4,753 $461,093 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 470570

Emerald Coast Association of REALTORS®

APN: 35-2S-21-42400-000-5406