NOT LISTED FOR SALE

Estimated Value: $2,131,000 - $2,543,000

4 Beds
4.5 Baths
3,110 Sq Ft
$766/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $1,205,000 $387 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $14,420/month

240 Days on Market

Highlights

  • Gulf View
  • Beach House
  • Community Pool
  • Dune Lakes Elementary School Rated A-
  • Furnished
  • Golf Cart Parking

About This Home

As of March 2017

Build sandcastles, catch a wave, sip wine at sunset, or stargaze on cool winter evenings--it's all about the beach! This attractive 3-story ''cottage'' is just steps from the gorgeous white sand and emerald waters of Seagrove Beach, one of the most loved sections of South Walton's Highway 30A! With 2 large decks, gulf views, and 2 nearby community pools, the whole gang can find a place to relax.
The first floor includes a large garage and storage area for all your beach toys. Three bedroom suites and a living/sitting area comprise the second floor, while the main gathering area and a second master suite are found on the third. The open living/dining/kitchen is perfect for entertaining, especially with the large deck. The kitchen features granite counters, attractive cabinets, stainless appliances, and a large breakfast bar. High ceilings with crown molding, wood laminate flooring and tile bath floors enhance the interior. This property is offered furnished for those wanting a turn-key income-producing property--or personalize it to make a lovely family beach home!

Buyer to verify all dimensions and specifications.

Last Agent to Sell the Property

John Paul Somers

Somers & Company License #3210089 Listed on: 06/14/2016

Co-Listed By

Rachael Earley

Somers & Company License #3118214

Last Buyer's Agent

Scott Martineau

RE/MAX Coastal Properties License #3260680

RE/MAX Coastal Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,751

Year Built

  • Built in 2008

Lot Details

  • 4,530

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Guest Parking
  • Golf Cart Parking

Home Design

  • Beach House
  • Metal Roof
  • Piling Construction

Interior Spaces

  • 3,110 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Built-in Bookshelves
  • Crown Molding
  • Recessed Lighting
  • Living Room
  • Den
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Balcony
  • Covered Deck
  • Porch

Schools

  • Bay Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Additional Features

  • Lot Dimensions are 40 x 43 x 25 x 40 x 65 x 80
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 24-3S-19-25476-000-0070

Community Details

Overview

  • Summer's Edge Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,751

Year Built

Built in 2008

Lot Details

0

HOA Fees

$145 per month

Parking

3

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 40 x 43 x 25 x 40 x 65 x 80
  • Co List Office Mls Id: EJPS
  • Co List Office Phone: 850-654-7777
  • Subdivision Name: SUMMER'S EDGE
  • Directions: From the intersection of 395 and 30-A, go east about 1-3/4 miles and take the fork in the road to the right. This is Eastern Lake Road. Take a right onto Chelsea Loop and follow around to the blue house beside the pool.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2008
  • Utilities Electric: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Balcony2: Yes
  • Rooms:Den: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Floor Laminate, Floor Tile, Furnished - All, Lighting Recessed
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Floor Laminate: Yes

Exterior Features

  • Lot Features: Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Foundation On Piling, Roof Metal
  • Exterior Features: Deck Covered, Porch Open
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Deck Covered: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • Exterior:Porch Open: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Garage, Golf Cart Enclosed, Guest
  • Parking Features:Garage3: Yes
  • Parking Features:Golf Cart Enclosed: Yes
  • Parking Features:Guest: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric

Condo/Co-op/Association

  • Community Features: Pool
  • Association #2 Fee: 435.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Bay
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 24-3S-19-25476-000-0070
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2017
Sold by
Forson James H and Forson Laura M
Bought by
Cavalier Longhorn Llc
Current Estimated Value
$2,383,651

Purchase Details

Listed on
Jun 14, 2016
Closed on
Mar 9, 2017
Sold by
Johnson David T and Johnson Leanne Dass
Bought by
Forson James K and Forson Laura M
Seller's Agent
John Paul Somers
Somers & Company
Buyer's Agent
Scott Martineau
RE/MAX Coastal Properties
List Price
$1,205,000
Sold Price
$1,205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$903,750
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 1, 2010
Sold by
Branch Banking & Trust
Bought by
Johnson David T and Johnson Leanne Davis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2010
Sold by
Eagle One Development L L C
Bought by
Branch Banking & Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2007
Sold by
Eagle One Development Llc
Bought by
Summers Edge Homeowners Assn Inc

Purchase Details

Closed on
Mar 12, 2004
Sold by
Bass Alan H and Bass Michael T
Bought by
Eagle One Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2003
Sold by
Brs Joint Venture
Bought by
Bass Alan H and Bass Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,100
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Cavalier Longhorn Llc -- Attorney
Forson James K $1,205,000 Aqua Title Services
Johnson David T $540,000 Attorney
Branch Banking & Trust Company -- Attorney
Summers Edge Homeowners Assn Inc $100,000 None Available
Eagle One Development Llc $600,000 --
Bass Alan H -- --
Bass Alan H $409,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forson James K $903,750
Previous Owner Johnson David T $403,000
Previous Owner Johnson David T $405,000
Previous Owner Eagle One Development Llc $540,000
Previous Owner Bass Alan H $368,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2017 03/10/17 Sold $1,205,000 0.0% $387 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
06/14/2016 06/14/16 For Sale $1,205,000 -- $387 / 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 $15,751 $1,960,082 $742,500 $1,217,582
2023 $15,751 $1,511,481 $0 $0
2022 $14,490 $1,774,518 $729,405 $1,045,113
2021 $12,091 $1,249,158 $637,982 $611,176
2020 $11,634 $1,165,467 $583,673 $581,794
2019 $11,212 $1,142,720 $566,673 $576,047
2018 $10,106 $1,013,522 $0 $0
2017 $9,880 $996,793 $445,120 $551,673
2016 $9,387 $967,553 $0 $0
2015 $8,925 $926,693 $0 $0
2014 -- $749,117 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 754856

Emerald Coast Association of REALTORS®

APN: 24-3S-19-25476-000-0070