NOT LISTED FOR SALE

Estimated Value: $1,574,306 - $2,027,000

4 Beds
4 Baths
2,952 Sq Ft
$603/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $1,200,000 $407 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $10,582/month

8 Days on Market

Highlights

  • Lake Front
  • Fishing
  • Florida Architecture
  • Bay Elementary School Rated A-
  • Gated Community
  • Wood Flooring

About This Home

As of October 2020

Incredible opportunity to purchase your nearly new custom built home designed by Archiscapes; built by Luke & Blues. Open Design Living, Dining & Chef's Kitchen! On the LAKE! Gated Neighborhood. Incredible finishes, every detail is perfection. Spacious 4 bedrooms, 4 baths, & Tower/Bonus Room. Features include wood flooring through out, shiplap on walls, custom closets, whole house sprinkler system & security system, 2 Rinnai heaters, WOLF Range,18' Eurowall 6-panel trim-fold doors,opening to the screened porch overlooking the lake. First floor bedroom with private bath. The Master Suite has a private porch on the lake, walk in closet, & Spa Bathroom. See List of Designer features. Forest Lakes is a highly desirable neighborhood w/ 12+ acres; 151 homesites, Pool; playground & trails.

Last Agent to Sell the Property

Susan Bremer

EXP Realty LLC License #3104431 Listed on: 08/16/2020

EXP Realty LLC

Co-Listed By

Mark Bremer LLC

The Beach Group Properties LLC

Last Buyer's Agent

Mary Alice & Marsha

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,903

Year Built

  • Built in 2017

Lot Details

  • Lake Front
  • Property fronts a private road
  • Interior Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 2,952 Sq Ft Home
  • 4-Story Property
  • Crown Molding
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Insulated Doors
  • Family Room
  • Den
  • Bonus Room
  • Screened Porch
  • Wood Flooring
  • Fire Sprinkler System

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Parking

  • 1 Carport Space
  • Guest Parking

Eco-Friendly Details

  • Energy-Efficient Doors

Schools

  • Van R Butler Elementary School
  • Seaside Middle School
  • South Walton High School

Utilities

  • High Efficiency Air Conditioning
  • Central Heating
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-3S-20-34401-000-0140

Community Details

Overview

  • Association fees include land recreation, master, recreational faclty
  • Forest Lakes Subdivision
  • The community has rules related to covenants

Amenities

  • Community Pavilion

Recreation

  • Community Playground
  • Fishing

Security

  • Gated Community
  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,903

Year Built

Built in 2017

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: Irregular; 46 x 84 (1 side) & 46 x 86 (1side)
  • Road Frontage Type: Private Road
  • Co List Office Mls Id: ERON
  • Co List Office Phone: 850-231-9007
  • Subdivision Name: Forest Lakes
  • Directions: 393 to 30A turn Left. Forest Lakes is on the North side of 30A. Please call for Gate Code
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Efficiency: Doors
  • Building Stories: 4
  • Year Built: 2017
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Appliances Microwave: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:Insulated Doors: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Bonus Room: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Rooms:Screened Porch: Yes
  • Rooms:Family Room: Yes
  • Waterfront:Lake: Yes
  • Rooms:Den: Yes
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Disposal, Fire Alarm/Sprinkler, Ice Machine, Microwave, Refrigerator W/IceMk, Stove/Oven Gas, Wine Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Fireplace Gas, Floor Hardwood, Furnished - None, Lighting Recessed, Washer/Dryer Hookup, Window Treatment All
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Ice Machine: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes

Exterior Features

  • Lot Features: Covenants, Interior, Level, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Porch, Porch Screened, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Porch Screened: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features: Carport, Guest
  • Parking Features:Guest: Yes
  • Parking Features:Carport3: Yes

Utilities

  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Fishing, Gated Community, Pavillion/Gazebo, Pets Allowed, Playground
  • Association #2 Fee: 480.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Land Recreation, Master Association, Recreational Faclty

Schools

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

Lot Info

  • Parcel #: 02-3S-20-34401-000-0140
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6903.28
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2020
Closed on
Oct 9, 2020
Sold by
Elberfeld Julie A and Elberfeld Robert W
Bought by
Stowe Clarence and Stowe Lynn
Seller's Agent
Susan Bremer
EXP Realty LLC
Buyer's Agent
Mary Alice & Marsha
Scenic Sotheby's International Realty
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
$1,779,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$579,327
Avg. Annual Appreciation
8.41%
Original Mortgage
$960,000
Outstanding Balance
$857,719
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$921,608

Purchase Details

Closed on
Oct 27, 2018
Sold by
Elberfeld Julie A and Elberfeld Robert W
Bought by
Elberfeld Julie A and Elberfeld Robert W

Purchase Details

Closed on
Mar 2, 2010
Sold by
Dandrea Thomas R and Dandrea Jennifer A
Bought by
Elberfeld Robert and Elberfeld Julie

Purchase Details

Closed on
Feb 4, 2005
Sold by
Forest Lakes Developers Llc
Bought by
Dandrea Thomas R and Deandrea Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,075
Interest Rate
5.62%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stowe Clarence $1,200,000 Attorney
Elberfeld Julie A -- Attorney
Elberfeld Robert $34,100 None Available
Dandrea Thomas R -- --
Dandrea Thomas R $409,500 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stowe Clarence $960,000
Previous Owner Elberfeld Robert W $581,250
Previous Owner Dandrea Thomas R $348,075
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2022 01/04/22 Off Market $1,200,000 -- --
10/09/2020 10/09/20 Sold $1,200,000 0.0% $407 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/16/2020 08/16/20 For Sale $1,200,000 +328.7% $407 / Sq Ft
06/23/2019 06/23/19 Off Market $279,900 -- --
06/09/2012 06/09/12 Sold $279,900 0.0% $215 / Sq Ft
06/06/2012 06/06/12 Pending -- -- --
05/09/2012 05/09/12 For Sale $279,900 -- $215 / 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 $8,729 $1,028,960 -- --
2023 $8,729 $998,990 $0 $0
2022 $8,635 $969,893 $0 $0
2021 $8,750 $941,644 $172,484 $769,160
2020 $7,332 $734,515 $143,456 $591,059
2019 $6,903 $699,878 $126,616 $573,262
2018 $6,499 $675,413 $0 $0
2017 $937 $119,347 $119,347 $0
2016 $894 $114,757 $0 $0
2015 $801 $99,000 $0 $0
2014 -- $78,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 853266

Emerald Coast Association of REALTORS®

APN: 02-3S-20-34401-000-0140