NOT LISTED FOR SALE

Estimated Value: $3,673,000 - $5,026,000

6 Beds
7 Baths
3,312 Sq Ft
$1,241/Sq Ft Est. Value

Last Sold April 16, 2012

Last sale price $887,500 $268 Per Sq Ft

Est. 363% increase in value since last sale

Current estimated payment $23,485/month

2 Days on Market

Highlights

  • Gulf View
  • Vaulted Ceiling
  • Loft
  • Dune Lakes Elementary School Rated A-
  • Beach House
  • Furnished

About This Home

As of April 2012

''Margaritaville'', located in the heart of historic Downtown Old Grayton Beach, South Walton's truly ''original'' beach community. Beautifully renovated with sweeping Gulf views. Southwest exposure, overlooking state owned dunes and the Gulf with rare year round sunset views. Spacious kitchen with Sub-Zero fridge, two ranges/ovens, two dishwashers, ice machine, walk-in pantry, stainless countertops. Large living area on first floor perfect for entertaining. Living area on third floor features wetbar w/ fridge and dishwasher. Durable, low maintenance tile floors throughout. Outdoor shower with privacy on East side. Loft has tv/game area and futon. Gross revenues of $86K 2010, $90.1 in 2011 and YTD 2012 $50 so far. Steps to all nightlife, dining and shopping Grayton has to offer. This is a great price and not a short sale. Buyer is ready to sell. As always, buyer should confirm all measurements.

Last Agent to Sell the Property

Tom Hidell

Compass License #3079745 Listed on: 03/16/2012

Compass

Co-Listed By

Michelle Joly

Davis Properties Of Nw Fl License #3116678

Last Buyer's Agent

Linda Tramontana

Coldwell Banker Realty License #671423

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,760

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • Lot Dimensions are 75x52
  • Property fronts a private road
  • Property fronts an easement

Home Design

  • Beach House
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 3,312 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Wainscoting
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Living Room
  • Dining Room
  • Loft
  • Tile Flooring
  • Gulf Views
  • Hurricane or Storm Shutters

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Covered Deck

Schools

  • Bay Elementary School
  • Seaside Middle School
  • South Walton High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Grayton Beach Front Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17-3S-19-25060-000-0010

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,760

Year Built

Built in 1995 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 75X52
  • Road Frontage Type: Easement, Private Road
  • Co List Office Mls Id: EDPN
  • Co List Office Phone: 850-231-2025
  • Subdivision Name: GRAYTON BEACH FRONT
  • Directions: From 30A head south on Route 283, Defuniak Street, to dead end at Hotz. Left on Hotz to private road at Red Bar, Garfield. Subject is first house on left with red roof adjacent Red Bar, ''Margaritav
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1995
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Loft: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Machine, Jennaire Type, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Warranty Provided, Washer
  • Full Bathrooms: 7
  • Total Bedrooms: 6
  • Interior Amenities: Breakfast Bar, Ceiling Raised, Floor Tile, Furnished - All, Kitchen Island, Owner's Closet, Pantry, Renovated, Skylight(s), Walls Wainscoting, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Warranty Provided: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Skylight(s): Yes
  • Appliances:Jennaire Type: Yes
  • Interior:Walls Wainscoting: Yes

Exterior Features

  • View: Gulf
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Deck Covered, Hurricane Shutters, Renovated, Shower
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Deck Covered: Yes
  • Exterior:Hurricane Shutters: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes

Utilities

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

Schools

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

Lot Info

  • Parcel #: 17-3S-19-25060-000-0010
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2020
Sold by
Dirty Lake Llc
Bought by
Hubbard William James and Hubbard Anabel
Current Estimated Value
$4,108,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$799,000
Outstanding Balance
$711,348
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$3,397,209

Purchase Details

Closed on
Oct 5, 2018
Sold by
Hubbard William James and Hubbard Anabel
Bought by
Dirty Lake Llc

Purchase Details

Listed on
Mar 16, 2012
Closed on
Apr 16, 2012
Sold by
Grayton Group Limited I Llc
Bought by
Hubbard William James and Hubbard Anabel
Seller's Agent
Tom Hidell
Compass
Buyer's Agent
Linda Tramontana
Coldwell Banker Realty
List Price
$887,500
Sold Price
$887,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.98%
Original Mortgage
$417,000
Interest Rate
3.9%

Purchase Details

Closed on
Apr 18, 2008
Sold by
Hester Judith Holley
Bought by
Grayton Group Ltd I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,891,250
Interest Rate
6.03%
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
Hubbard William James $100 Vintage Title & Escrow
Dirty Lake Llc -- None Available
Hubbard William James $887,500 None Available
Grayton Group Ltd I Llc $1,600,000 Sterling Title & Escrow Serv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hubbard William James $799,000
Previous Owner Hubbard William James $417,000
Previous Owner Grayton Group Ltd I Llc $1,891,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2012 04/16/12 Sold $887,500 0.0% $268 / Sq Ft
03/18/2012 03/18/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $887,500 -- $268 / 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 $23,760 $2,937,142 $1,210,000 $1,727,142
2023 $23,760 $2,614,842 $887,700 $1,727,142
2022 $23,168 $2,499,957 $985,347 $1,514,610
2021 $9,996 $1,032,642 $839,649 $192,993
2020 $12,245 $1,226,633 $768,174 $458,459
2019 $14,555 $1,465,661 $745,800 $719,861
2018 $12,402 $1,405,406 $0 $0
2017 $11,758 $1,381,962 $0 $0
2016 $10,843 $1,262,958 $0 $0
2015 $10,371 $1,210,254 $0 $0
2014 $9,968 $1,169,709 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 512780

Emerald Coast Association of REALTORS®

APN: 17-3S-19-25060-000-0010