NOT LISTED FOR SALE

Estimated Value: $1,291,768 - $1,840,000

3 Beds
3.5 Baths
1,825 Sq Ft
$824/Sq Ft Est. Value

Last Sold February 16, 2022

Last sale price $1,250,000 $685 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,902/month

25 Days on Market

Highlights

  • Primary Bedroom Suite
  • Beach House
  • Central Heating and Cooling System
  • Dune Lakes Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Dining Room

About This Home

As of February 2022

BACK UP OFFERS BEING ACCEPTED, UNDER CONTRACT WITH A 72 HOUR KICK OUT CLAUSE. Magnolia Cottages Phase 2....For anyone looking for quality and close proximity to the beach, this is the location! Magnolia is a very desirable neighborhood with wonderful location near Alys, Seacrest & Rosemary Beach. The emerald waters and sugar-white sand is only steps away from the deeded beach access. Magnolia offers lush landscaping with brick paver streets. Phase 2 has it's own private community pool with green space for kids to play. This 2 story home features a nice, large screened-in-porch -a perfect gathering place for family and friends. Interior accents will include gorgeous hardwood floors throughout, beautiful custom cabinetry, stainless steel appliances, and quartz counter tops.

Last Agent to Sell the Property

Karissa Bell

Better Homes and Gardens Real Estate Coast Properties License #3091405 Listed on: 12/07/2021

Co-Listed By

Shelley Smith

Better Homes and Gardens Real Estate Coast Properties License #3069359

Last Buyer's Agent

William Walker

The Premier Property Group Seacrest Office License #3480590

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • 0.26

HOA Fees

  • $242 Monthly HOA Fees

Home Design

  • Beach House

Interior Spaces

  • 1,825 Sq Ft Home
  • 2-Story Property
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Additional Features

  • Lot Dimensions are 50x100
  • Central Heating and Cooling System

Community Details

  • Magnolia Cottages By The Sea Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-3S-18-16191-00C-0010

Home Details

Home Type

Single Family

Year Built

Built in 2017 | Under Construction

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 50x100
  • Co List Office Mls Id: ECPG
  • Co List Office Phone: 850-200-0523
  • Subdivision Name: MAGNOLIA COTTAGES BY THE SEA
  • Directions: 1.2 Miles west of Alys Beach. Turn North onto Patina Blvd. Follow Patina all the way back and turn left onto Canopy Lane. House will be 1st house on the left.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2017
  • Remarks Misc:Remarks: BACK UP OFFERS BEING ACCEPTED, UNDER CONTRACT WITH A 72 HOUR KICK OUT CLAUSE. Magnolia Cottages Phase 2....For anyone looking for quality and close proximity to the beach, this is the location! Magnolia is a very desirable neighborhood with wonderful location near Alys, Seacrest & Rosemary Beach. The emerald waters and sugar-white sand is only steps away from the deeded beach access. Magnolia offers lush landscaping with brick paver streets. Phase 2 has it's own private community pool with green space for kids to play. This 2 story home features a nice, large screened-in-porch -a perfect gathering place for family and friends. Interior accents will include gorgeous hardwood floors throughout, beautiful custom cabinetry, stainless steel appliances, and quartz counter tops.
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Dining Room: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Master Bedroom:First: Yes

Exterior Features

  • Pool Features: Pool Type
  • Property Condition: Under Construction
  • Construction Status:Under Construction: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Public Sewer, Public Water

Condo/Co-op/Association

  • Association #2 Fee: 2900.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 28-3S-18-16191-00C-0010
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2021
Closed on
Feb 16, 2022
Sold by
Bell Ishee Margaret
Bought by
Woodall William and Woodall Bonnie
Seller's Agent
Karissa Bell
Better Homes and Gardens Real Estate Coast Properties
Buyer's Agent
William Walker
The Premier Property Group Seacrest Office
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,503,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,192
Avg. Annual Appreciation
4.72%
Original Mortgage
$718,000
Outstanding Balance
$664,170
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$839,022

Purchase Details

Closed on
Sep 1, 2018
Sold by
Bell William E
Bought by
Ishee Margaret Bell

Purchase Details

Closed on
Oct 19, 2017
Sold by
Creek Park Llc
Bought by
Ishee Margaret Bell and Bell William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,600
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records
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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
Woodall William $1,250,000 Blue Title
Ishee Margaret Bell -- Attorney
Ishee Margaret Bell $602,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodall William $718,000
Previous Owner Ishee Margaret Bell $481,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2023 08/27/23 Off Market $1,250,000 -- --
02/16/2022 02/16/22 Sold $1,250,000 0.0% $685 / Sq Ft
01/01/2022 01/01/22 Pending -- -- --
12/07/2021 12/07/21 For Sale $1,250,000 -- $685 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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
2025 $10,247 $1,134,046 $262,500 $871,546
2024 $10,157 $1,117,869 $237,431 $880,438
2023 $10,157 $1,117,869 $237,431 $880,438
2022 $7,668 $1,035,325 $263,548 $771,777
2021 $5,637 $582,393 $153,676 $428,717
2020 $5,613 $562,302 $140,595 $421,707
2019 $5,417 $545,432 $136,500 $408,932
2018 $4,881 $489,485 $0 $0
2017 $675 $68,064 $68,064 $0
2016 $0 $68,064 $68,064 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 882346

Emerald Coast Association of REALTORS®

APN: 28-3S-18-16191-00C-0010