NOT LISTED FOR SALE

Estimated Value: $1,082,236 - $1,766,000

3 Beds
3 Baths
1,511 Sq Ft
$841/Sq Ft Est. Value

Last Sold September 30, 2013

Last sale price $389,000 $257 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $7,559/month

4 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Wood Flooring
  • Dune Lakes Elementary School Rated A-
  • Florida Architecture
  • Community Pool

About This Home

As of September 2013

Magnolia Cottages by the Sea is a very desirable neighborhood towards the eastern end of Scenic County Road 30A. It is a wonderful location, near Alys Beach, Seacrest Beach, and Rosemary Beach and all the tony shops, restaurants, and entertainment that those popular areas provide. The emerald waters and sugar-white soft sand of the Gulf of Mexico are an easy stroll away, by way of the deeded beach access. Magnolia Cottages is a very attractive neighborhood with lush natural landscaping, and the streets and the driveways all covered with pretty brick pavers. There is a lovely community pool just a few lots away from this cottage. A large, but private, front porch welcomes you as you enter this immaculate cottage. The open living, dining, and kitchen area are perfect for family gatherings, or for entertaining. The floors are beautiful exotic hardwood, and the kitchen is all stainless steel with granite countertops. This perfect beach retreat offers three bedrooms, three bathrooms, and lots of storage space. These owners do not rent, but the potential rental income should be great. Interior photos will be added very soon.

Last Agent to Sell the Property

Alda Sileo

Century 21 Beach Realty Listed on: 08/15/2013

Last Buyer's Agent

Jim Dixon

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,366

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 45x95
  • Property fronts a private road
  • Interior Lot

HOA Fees

  • $118 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,511 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Dining Room

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Covered Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Tap Fee Is Paid
  • Multiple Water Heaters
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-3S-18-16190-00B-0060

Community Details

Overview

  • Magnolia Cottages Subdivision

Recreation

  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,366

Year Built

Built in 2004

Lot Details

0

HOA Fees

$118 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 45X95
  • Road Frontage Type: Private Road
  • Subdivision Name: MAGNOLIA COTTAGES
  • Directions: From east intersection of Hwy. 30A and Hwy. 98, proceed westerly on Hwy. 30A for ~2.5 miles. Turn north on Patina, which takes you under the Magnolia Cottages condo building. 89 Patina is the sixth ho
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2004
  • 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:Dining Room: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Water Heater - Two: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Floor Hardwood, Floor Tile, Furnished - Some, Lighting Recessed, Owner's Closet, Pantry, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Lot Features: Curb & Gutter, Interior, Within 1/2 Mile to Water
  • Construction Type: Foundation On Piling, Siding CmntFbrHrdBrd
  • Exterior Features: Deck Covered, Deck Enclosed, Shower
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • Exterior:Deck Covered: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Lot Features:Curb Gutter: Yes
  • Exterior:Deck Enclosed: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Pool
  • Association #2 Fee: 1417.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 28-3S-18-16190-00B-0060
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2023
Sold by
Love Jeffrey S and Love Heather P
Bought by
Sans Souci Seacrest Llc
Current Estimated Value
$1,270,559

Purchase Details

Listed on
Aug 15, 2013
Closed on
Sep 30, 2013
Sold by
Bear Travis and Albritton Carey
Bought by
Love Jeffrey S and Love Heather P
Seller's Agent
Alda Sileo
Century 21 Beach Realty
Buyer's Agent
Jim Dixon
Berkshire Hathaway HomeServices
List Price
$389,000
Sold Price
$389,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%
Original Mortgage
$301,000
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2010
Sold by
Colgrove Donald and Colgrove Melissa
Bought by
Bear Travis and Albritton Carey

Purchase Details

Closed on
Nov 15, 2004
Sold by
Magnolia Partners Llc
Bought by
Colgrove Donald and Colgrove Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,660
Interest Rate
4.62%
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
Sans Souci Seacrest Llc $100 None Listed On Document
Love Jeffrey S $389,000 None Available
Bear Travis $367,000 None Available
Colgrove Donald $364,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Love Jeffrey S $301,000
Previous Owner Colgrove Donald $285,500
Previous Owner Colgrove Donald $277,660
Closed Colgrove Donald $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2013 09/30/13 Sold $389,000 0.0% $257 / Sq Ft
08/19/2013 08/19/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $389,000 -- $257 / 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 $6,366 $855,461 $226,125 $629,336
2023 $6,366 $557,667 $0 $0
2022 $6,053 $815,890 $250,998 $564,892
2021 $4,461 $460,882 $146,358 $314,524
2020 $4,461 $446,845 $133,900 $312,945
2019 $4,365 $443,807 $130,000 $313,807
2018 $3,945 $395,600 $0 $0
2017 $4,157 $435,264 $64,823 $370,441
2016 $3,663 $366,078 $0 $0
2015 $3,528 $357,955 $0 $0
2014 $3,139 $304,498 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 602842

Emerald Coast Association of REALTORS®

APN: 28-3S-18-16190-00B-0060