NOT LISTED FOR SALE

Estimated Value: $1,329,000 - $1,656,000

3 Beds
3.5 Baths
1,824 Sq Ft
$785/Sq Ft Est. Value

Sale Details

Date Sold: May 8, 2024

Last sale price $1,400,000 $768 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,458 / mo

107 Days on Market

Highlights

  • Coastal Architecture
  • Living Room
  • High Speed Internet
  • Dune Lakes Elementary School Rated A-
  • Picnic Area

About This Home

As of May 2024

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Embrace the epitome of coastal living in the secluded neighborhood of Creek Park at Magnolia Cottages. This spacious and bright beach home boasts numerous advantages, notably its highly sought-after location along HWY 30A, its prime positioning directly across from the neighborhood pool, and its gated beach access with golf cart parking. Accommodating up to 11 guests, the home features three thoughtfully designed bedrooms, three and a half baths, and a charming built-in bunk area. As you enter into the home, the radiant warmth of the hardwood floors greets you into the airy common living area, while the wall-to-wall sliding glass door pours in natural light. The expansive living area is expertly crafted for entertainment, family gatherings, and dining together. The fully equipped kitchen showcases elegant white custom cabinetry complemented by stainless steel appliances, a distinctive tile backsplash, and a stretched breakfast bar. This low-maintenance abode is ready for immediate occupancy, complete with tasteful furnishings included in the sale. With deeded beach access and great rental history, it stands out as a savvy choice for a second home or investment property.

Last Agent to Sell the Property

Marc Miller

REMAX By The Sea Listed on: 12/15/2023

Last Buyer's Agent

Amanda Hurd

unknownagency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,715

Year Built

  • Built in 2020

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Home Design

  • Coastal Architecture

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Additional Features

  • Living Room
  • High Speed Internet

Community Details

Overview

  • Property has a Home Owners Association
  • Magnolia Cottages By The Sea Phase 2 Subdivision

Amenities

  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,715

Year Built

Built in 2020

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.11
  • Lot Size: 50 x 100
  • Subdivision Name: Magnolia Cottages by the Sea Phase 2
  • Architectural Style: Coastal
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Dining Room Type: Bedroom, Living Room, Primary Bathroom, Primary Bedroom

Garage/Parking

  • Garage: No

Utilities

  • Utilities: High Speed Internet Available, Water Connected

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Amenities: Picnic Area
  • Association: Yes

Schools

  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 4792.0
  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 7715.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Dune Lakes
  • High School: South Walton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
May 8, 2024
Sold by
Nailen Carole Sue
Bought by
Denes Thomas R and Denes Andrea
Seller's Agent
Marc Miller
REMAX By The Sea
Buyer's Agent
Amanda Hurd
unknownagency
List Price
$1,450,000
Sold Price
$1,400,000
Premium/Discount to List
-$50,000
-3.45%
Views
14
Current Estimated Value
$1,432,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,555
Avg. Annual Appreciation
1.17%
Original Mortgage
$1,120,000
Outstanding Balance
$1,099,800
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$332,755

Purchase Details

Listed on
Jun 14, 2022
Closed on
Dec 20, 2022
Sold by
Kimble Thomas J and Kimble Janet S
Bought by
Nailen Carole Sue
Seller's Agent
Heather Williams
Scenic Sotheby's International Realty
Buyer's Agent
Heather Williams
Coldwell Banker Jme Realty
List Price
$1,500,000
Sold Price
$1,375,000
Premium/Discount to List
-$125,000
-8.33%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.31%

Purchase Details

Closed on
Jun 12, 2020
Sold by
Creek Park Llc
Bought by
Kimble Thomas J and Kimble Janet S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
3.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Denes Thomas R $1,400,000 Emerald Coast Title
Nailen Carole Sue $1,375,000 Nautilus Title & Escrow
Kimble Thomas J $715,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denes Thomas R $1,120,000
Previous Owner Kimble Thomas J $465,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2024 05/08/24 Sold $1,400,000 -3.4% $768 / Sq Ft
12/15/2023 12/15/23 For Sale $1,450,000 +5.5% $795 / Sq Ft
12/20/2022 12/20/22 Sold $1,375,000 -4.8% $753 / Sq Ft View Prior Sale
12/07/2022 12/07/22 Pending -- -- --
10/17/2022 10/17/22 Price Changed $1,445,000 -3.3% $792 / Sq Ft
10/07/2022 10/07/22 Price Changed $1,495,000 -0.1% $819 / Sq Ft
09/20/2022 09/20/22 Price Changed $1,496,000 -0.1% $820 / Sq Ft
09/12/2022 09/12/22 Price Changed $1,497,000 -0.1% $820 / Sq Ft
09/01/2022 09/01/22 Price Changed $1,498,000 -0.1% $821 / Sq Ft
08/06/2022 08/06/22 Price Changed $1,499,000 -0.1% $821 / Sq Ft
06/14/2022 06/14/22 For Sale $1,500,000 -- $822 / Sq Ft
Source: Central Panhandle 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 $10,359 $1,146,477 $250,000 $896,477
2024 $10,283 $1,131,642 $226,125 $905,517
2023 $10,283 $1,131,642 $226,125 $905,517
2022 $7,715 $1,044,910 $250,998 $793,912
2021 $5,646 $583,317 $146,358 $436,959
2020 $1,337 $133,900 $133,900 $0
2019 $1,291 $130,000 $130,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 750341

Central Panhandle Association of REALTORS®

APN: 28-3S-18-16192-00D-0030

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