NOT LISTED FOR SALE

Estimated Value: $1,384,468 - $1,969,000

3 Beds
3.5 Baths
1,824 Sq Ft
$864/Sq Ft Est. Value

Last Sold February 06, 2023

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

Est. 13% increase in value since last sale

Current estimated payment $9,397/month

11 Days on Market

Highlights

  • Deeded access to the beach
  • Beach House
  • Community Pool
  • Dune Lakes Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Living Room

About This Home

As of February 2023

Nestled in the back of Magnolia Cottages by the Sea, 973 Patina Boulevard offers offers pure tranquility just moments from all of 30A has to offer. This three bedroom home is perfectly setup for the investor looking for a short-term rental machine, could also make a beautiful primary or secondary home. Located directly across from the community pool offers an oasis across from the front door or take a stroll down to the deeded beach access to enjoy the turquoise water and sugar white sand that the Emerald Coast has to offer. Upon entering the home you are welcomed by an oversized screened porch, perfect for morning coffee, afternoon drinks or a dinner while enjoying the gulf breeze. Off the kitchen you find a large living space that backs up to the oversized dining area. To complete the first floor a spacious master is located at the rear of the house. When reaching the second floor landing you will find two guest suites both with en-suites connected, one is currently being used as a large bunk room. Come feel the chic costal vibe this cottage has to offer.

Last Agent to Sell the Property

Joe Simpson

Corcoran Reverie SRB Listed on: 01/19/2023

Last Buyer's Agent

Brandon Goings

Christies International Real Estate Emerald Coast License #3472821

Christies International Real Estate Emerald Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,599

Year Built

  • Built in 2017

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 95

HOA Fees

  • $199 Monthly HOA Fees

Home Design

  • Beach House

Interior Spaces

  • 1,824 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deeded access to the beach

Schools

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

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • Association fees include accounting, management, recreational faclty
  • Magnolia Cottages By The Sea Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,599

Year Built

Built in 2017

Lot Details

0

HOA Fees

$199 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 50 x 95
  • Road Surface Type: Paved
  • Subdivision Name: MAGNOLIA COTTAGES BY THE SEA
  • Directions: From 30A East, Patina Blvd is about a mile east of Camp Creek Parkway. Take a right on Patina Boulevard
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2017
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Utilities:Community Water: Yes
  • Energy:Ceiling Fans: 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: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Access, Pool
  • Association #2 Fee: 2385.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Management, Recreational Faclty

Schools

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

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 28-3S-18-16191-00D-0010
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5598.65
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Feb 6, 2023
Sold by
973 Patina Llc
Bought by
Rothwell Dana
Seller's Agent
Joe Simpson
Corcoran Reverie SRB
Buyer's Agent
Brandon Goings
Christies International Real Estate Emerald Coast
List Price
$1,495,000
Sold Price
$1,400,000
Premium/Discount to List
-$95,000
-6.35%
Views
1
Current Estimated Value
$1,576,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,117
Avg. Annual Appreciation
5.41%

Purchase Details

Closed on
Dec 17, 2020
Sold by
Bell William E
Bought by
973 Patina Llc

Purchase Details

Closed on
Jul 17, 2017
Sold by
Creek Park Llc
Bought by
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
$479,120
Interest Rate
3.37%
Mortgage Type
New Conventional
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
Rothwell Dana $1,400,000 South Oak Title
973 Patina Llc $775,523 Bradley Title Llc
Bell William E $598,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rothwell Dana $1,100,400
Previous Owner Bell William E $479,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2023 02/06/23 Sold $1,400,000 -6.4% $768 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $1,495,000 0.0% $820 / Sq Ft
01/19/2023 01/19/23 Off Market $1,495,000 -- --
01/18/2023 01/18/23 For Sale $1,495,000 -- $820 / 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 $8,111 $1,111,765 $226,125 $885,640
2023 $8,111 $1,111,765 $226,125 $885,640
2022 $7,612 $1,027,471 $250,998 $776,473
2021 $5,599 $578,392 $146,358 $432,034
2020 $5,579 $558,889 $133,900 $424,989
2019 $5,384 $542,149 $130,000 $412,149
2018 $4,915 $492,906 $0 $0
2017 $642 $64,823 $64,823 $0
2016 $0 $64,823 $64,823 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 915145

Emerald Coast Association of REALTORS®

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