NOT LISTED FOR SALE

Estimated Value: $1,171,000

0.25 Acre
$4,684,000 Price per Acre
10,890 Sq Ft Lot

Last Sold May 11, 2018

Last sale price $675,000

Est. 73% increase in value since last sale

Current estimated payment $7,126/month

1 Day on Market

Highlights

  • Lake Front
  • Gulf View
  • Level Lot
  • Dune Lakes Elementary School Rated A-

About This Lot

As of May 2018

PRIME LAKEFRONT LOT WITH GULF VIEWS priced to sell! Recent comparable Eastern Lakefront lot located further from the beach sold for 775K. This premium lot, located in Seagrove Beach on prominent San Roy Rd, is a rare building opportunity on the southern shore of Eastern Lake. This lot not only will have great water views of the coastal dune lake, but will provide expansive Gulf views from the southern view. This lot allows for the building up to 50 feet in height and a sizable building area. This waterfront lot, just two lots off the Gulf of Mexico, is just steps to the beach and allows for a unique building site for both the end-user, or the wise-investor. Any information contained in this listing is believed to be accurate but is not guaranteed.

Last Agent to Sell the Property

Beau Blankenship

Christies International Real Estate Emerald Coast License #3305087 Listed on: 05/03/2018

Christies International Real Estate Emerald Coast

Last Buyer's Agent

Beau Blankenship

Christies International Real Estate Emerald Coast License #3305087 Listed on: 05/03/2018

Christies International Real Estate Emerald Coast

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,868

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 65x214x33x183
  • Lake Front
  • Street terminates at a dead end
  • Level Lot
  • Irregular Lot

Property Views

  • Gulf
  • Lake

Schools

  • Seaside Middle School
  • South Walton High School

Utilities

  • Gas Available

Community Details

  • Summer Dream Subdivision

Listing and Financial Details

  • Assessor Parcel Number 19-3S-18-16240-000-0060

Property Details

Property Type

Land

Est. Annual Taxes

$1,868

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.25
  • Lot Size: 65X214X33X183
  • Road Surface Type: Paved Road
  • Subdivision Name: SUMMER DREAM
  • Directions: From Rosemary Beach head WEST along Hwy 30A approx. 3 miles. Turn south onto Lakewood Dr. and take a right at the first stop sign onto Lakeview Dr. Follow and continue onto Beachside Dr. and take a quick right turn onto San Roy Rd. Lot will be second on your right.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Utilities:Gas Available: Yes
  • Waterview:Lake2: Yes
  • Waterfront:Lake: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Curb & Gutter, Dead End, Irregular, Level, Survey Available, Within 1/2 Mile to Water
  • View: Lake, Gulf
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Dead End: Yes
  • Lot Features:Curb Gutter: Yes
  • Lot Features:Irregular: Yes

Utilities

  • Utilities: Electric, Public Sewer, Public Water, Gas Available

Schools

  • High School: South Walton
  • Middle Or Junior School: Seaside

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: 19-3S-18-16240-000-0060
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1868.31
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2023
Sold by
Ludwig Sandra J and Ludwig Gerald
Bought by
Paparella Donald and Paparella Heather
Current Estimated Value
$1,171,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,035,500
Interest Rate
6.27%
Mortgage Type
Construction

Purchase Details

Listed on
May 3, 2018
Closed on
May 10, 2018
Sold by
Branoff Andrew
Bought by
Ludwig Sandra J and Ludwig Gerald
Seller's Agent
Beau Blankenship
Christies International Real Estate Emerald Coast
Buyer's Agent
Beau Blankenship
Christies International Real Estate Emerald Coast
List Price
$675,000
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%

Purchase Details

Closed on
Apr 13, 2017
Sold by
Lautzenheiser Rhonda
Bought by
Branoff Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2002
Sold by
Pema Corp
Bought by
Lautzenheiser Rhonda
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Paparella Donald $2,035,500 None Listed On Document
Ludwig Sandra J $675,000 Attorney
Branoff Andrew $655,000 Attorney
Lautzenheiser Rhonda $257,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paparella Donald $500,000
Closed Paparella Donald $1,035,500
Previous Owner Branoff Andrew $530,000
Previous Owner Lautzenheiser Rhonda $306,139
Previous Owner Lautzenheiser Rhonda $304,783
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2018 05/11/18 Sold $675,000 0.0% --
05/04/2018 05/04/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $675,000 -- --
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 $9,094 $1,306,250 $1,306,250 --
2023 $9,094 $732,047 $0 $0
2022 $6,882 $828,527 $828,527 $0
2021 $5,856 $604,997 $604,997 $0
2020 $5,525 $553,496 $553,496 $0
2019 $5,337 $537,375 $537,375 $0
2018 $4,113 $412,500 $0 $0
2017 $1,868 $189,732 $189,732 $0
2016 $1,767 $182,435 $0 $0
2015 $1,573 $154,712 $0 $0
2014 $1,450 $140,647 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 797736

Emerald Coast Association of REALTORS®

APN: 19-3S-18-16240-000-0060