NOT LISTED FOR SALE

8593 Magnolia Bay Ln Miramar Beach, FL 32550

Miramar Beach Neighborhood

Estimated Value: $951,000 - $1,274,000

3 Beds
3.5 Baths
1,997 Sq Ft
$527/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $990,000 $496 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,581/month

Highlights

  • Marina
  • Lake Front
  • Golf Course Community
  • Van R. Butler Elementary School Rated A-
  • Boat Dock
  • Fishing

About This Home

As of September 2023

This Magnolia Bay townhome is nestled back in the much sought after gated community of Sandestin Golf and Beach Resort. It is being sold fully furnished. This unit provides lake and golf course views, a community pool just steps away and a quick golf cart ride to the beach. The master suite is located on the first floor with an additional master suite, guest room, and loft area located on the second floor. Take advantage of all the storage in your very own one car garage.

Last Agent to Sell the Property

Logan Brewer

Paradise Property Brokers Inc License #3473575 Listed on: 08/25/2023

Co-Listed By

Paige Brewer

Paradise Property Brokers Inc

Last Buyer's Agent

Cliff Milam

Paradise Property Brokers Inc License #3097943

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,002

Year Built

  • Built in 2001

Lot Details

  • 3,049 Sq Ft Lot
  • Lake Front

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,997 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Insulated Doors
  • Living Room
  • Dining Room
  • Lake Views

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Doors
  • Porch

Listing and Financial Details

  • Assessor Parcel Number 26-2S-21-42635-000-8593

Community Details

Overview

  • Association fees include accounting, ground keeping, licenses/permits, master, recreational faclty, security, cable TV, trash
  • Magnolia Bay Subdivision
  • The community has rules related to covenants

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room

Recreation

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

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,002

Year Built

Built in 2001

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: EPPB
  • Co List Office Phone: 850-420-2494
  • Subdivision Name: MAGNOLIA BAY
  • Directions: Enter Sandestin Golf and Beach Resort through North Gate. At roundabout, take the first exit onto Heron Walk Drive. At second roundabout, take second exit onto Baytowne Ave. Turn right onto Turnberry
  • Architectural Style: Townhome
  • Carport Y N: No
  • New Construction: No
  • Efficiency: Doors
  • Building Stories: 2
  • Year Built: 2001
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Energy:Heat High Efficiency: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:Insulated Doors: Yes
  • Waterview:Lake2: Yes
  • Waterfront:Lake: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Cathedral, Furnished - Some, Window Treatment All
  • Window Features: Double Pane Windows
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Ceiling Cathedral: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Appliances:Freezer: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Lot Features: Covenants
  • Pool Features: Pool Type
  • View: Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Frame, Roof Shingle/Shake, Wood Siding
  • Exterior Features: Porch
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Frame: Yes
  • ConstructionSiding:Roof ShingleShake: Yes
  • ConstructionSiding:Siding Wood: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Garage3: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Dock, Exercise Room, Fishing, Gated Community, Golf, Marina, Picnic Area, Playground, Pool, Tennis, TV Cable
  • Association #2 Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Licenses/Permits, Master Association, Recreational Faclty, Security, Cable TV, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 3049.2
  • Parcel #: 26-2S-21-42635-000-8593
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3001.66
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Sep 27, 2023
Sold by
Edmonds Property Management Llc
Bought by
Kunkel Edward Scott and Kunkel Lori A
Seller's Agent
Logan Brewer
Paradise Property Brokers Inc
Buyer's Agent
Cliff Milam
Paradise Property Brokers Inc
List Price
$1,050,000
Sold Price
$990,000
Premium/Discount to List
-$60,000
-5.71%
Views
3
Current Estimated Value
$1,052,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,834
Avg. Annual Appreciation
5.52%
Original Mortgage
$792,000
Outstanding Balance
$778,502
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$317,392

Purchase Details

Closed on
Mar 28, 2022
Sold by
Perry Irvin Margaret
Bought by
Edmonds Property Management Llc

Purchase Details

Closed on
Mar 23, 2021
Sold by
Irvin Margaret Perry
Bought by
Irvin Margaret Perry and Margaret Perry Irvin Revocable

Purchase Details

Listed on
Oct 2, 2013
Closed on
Apr 1, 2014
Sold by
Wtk Enterprises Llc
Bought by
Revocabl Irving Margaret Perry and Margaret Perry Irving Revocable Trust
Seller's Agent
Jessica Jones
Scenic Sotheby's International Realty
Buyer's Agent
Cliff Milam
Paradise Property Brokers Inc
List Price
$488,000
Sold Price
$488,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%

Purchase Details

Closed on
Aug 7, 2013
Sold by
Tway William T and Tway Kaye L
Bought by
Wtk Enterprises Llc

Purchase Details

Closed on
Aug 8, 2011
Sold by
J & M Rental Properties Llc
Bought by
Tway William T and Tway Kaye L
Source: Public Records

Range of Values:

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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
Kunkel Edward Scott $990,000 Burke Law & Title
Edmonds Property Management Llc $749,000 Burke Law & Title
Irvin Margaret Perry -- Accommodation
Revocabl Irving Margaret Perry $488,000 Attorney
Wtk Enterprises Llc $178,000 None Available
Tway William T $450,000 Customers First Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kunkel Edward Scott $792,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $990,000 -5.7% $496 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $1,050,000 +115.2% $526 / Sq Ft
06/23/2019 06/23/19 Off Market $488,000 -- --
04/01/2014 04/01/14 Sold $488,000 0.0% $247 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
10/02/2013 10/02/13 For Sale $488,000 -- $247 / 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 $5,942 $919,652 $100,000 $819,652
2023 $5,942 $653,893 $0 $653,893
2022 $3,002 $362,566 $0 $0
2021 $3,038 $352,006 $0 $0
2020 $3,088 $414,379 $0 $414,379
2019 $2,994 $339,341 $0 $0
2018 $2,943 $333,014 $0 $0
2017 $2,860 $326,165 $0 $0
2016 $2,821 $319,456 $0 $0
2015 $2,845 $317,235 $0 $0
2014 $3,872 $375,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Logan Brewer

    Seller's Agent in 2023

    Logan Brewer

    Paradise Property Brokers Inc

    (270) 543-8377

    24 in this area

    38 Total Sales

    Logan Brewer
    Section Image

  • P

    Seller Co-Listing Agent in 2023

    Paige Brewer

    Paradise Property Brokers Inc

  • C

    Buyer's Agent in 2023

    Cliff Milam

    Paradise Property Brokers Inc

    (770) 480-5777

    112 in this area

    134 Total Sales

    Cliff Milam
    Section Image

  • J

    Seller's Agent in 2014

    Jessica Jones

    Scenic Sotheby's International Realty

    (850) 259-5864

    76 in this area

    84 Total Sales

    Jessica Jones
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 930806

Emerald Coast Association of REALTORS®

APN: 26-2S-21-42635-000-8593

Florida Walton County Miramar Beach 32550 Miramar Beach

8593 Magnolia Bay Ln, Miramar Beach, FL

This home is located at 8593 Magnolia Bay Ln, Miramar Beach, FL 32550 since 25 August 2023 and is currently estimated at $1,052,834, approximately $527 per square foot. This property was built in 2001. 8593 Magnolia Bay Ln is a home located in Walton County with nearby schools including Van R. Butler Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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