NOT LISTED FOR SALE

98 Pinecrest Cir Alys Beach, FL 32461

Estimated Value: $2,605,185 - $3,969,000

6 Beds
6 Baths
3,002 Sq Ft
$1,063/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $1,625,000 $541 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $18,658/month

7 Days on Market

Highlights

  • Beach
  • Gated Community
  • Vaulted Ceiling
  • Dune Lakes Elementary School Rated A-
  • Recreation Room
  • Beach House

About This Home

As of August 2020

Spectacular 6 bedroom, 6 bath beach home located south of 30a near Rosemary Beach! This amazing coastal retreat has been completely renovated and is offered fully furnished and rental ready. Features include tile floors throughout, shiplap walls, quartz countertops, frameless glass showers, fresh exterior paint, custom wood plank staircase, vaulted ceilings with v-grove accenting, professional grade appliances, new HVAC & more! This home has master suites on both the 1st and 2nd floors and boasts an open concept living area as well as a first floor recreation room complete with a newly updated wet bar! Pinecrest at Inlet Beach is a cozy and intimate gated community that has a beautiful community pool and is walking distance to Rosemary Beach, Alys Beach and a nearby public beach access!

Last Agent to Sell the Property

Nathan Lambert

Lambert Realty and Development License #3190100 Listed on: 07/17/2020

Co-Listed By

Corina Lambert

Lambert Realty and Development License #3437212

Last Buyer's Agent

Merry Ann Holotik

Engel & Volkers Destin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,914

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • Lot Dimensions are 70x80
  • Property fronts a private road
  • Interior Lot
  • Level Lot

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Beach House
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,002 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Paneling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Living Room
  • Recreation Room
  • Tile Flooring

Kitchen

  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 6 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Doors

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Porch

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • Central Heating and Cooling System
  • Water Tap Fee Is Paid
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 36-3S-18-16126-000-0010

Community Details

Overview

  • Association fees include management, security, trash
  • Pinecrest At Inlet Beach Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,914

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 70x80
  • Road Frontage Type: Private Road
  • Co List Office Mls Id: ELAM
  • Co List Office Phone: 850-259-2561
  • Subdivision Name: PINECREST AT INLET BEACH
  • Directions: Turn south on Hwy 30a near Rosemary Beach. Pinecrest will be on your left just before Winston Ln. Enter gate and turn left. First on your left.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2007
  • ResoBuildingAreaSource: Appraiser
  • Remarks Misc:Remarks: Spectacular 6 bedroom, 6 bath beach home located south of 30a near Rosemary Beach! This amazing coastal retreat has been completely renovated and is offered fully furnished and rental ready. Features include tile floors throughout, shiplap walls, quartz countertops, frameless glass showers, fresh exterior paint, custom wood plank staircase, vaulted ceilings with v-grove accenting, professional grade appliances, new HVAC & more! This home has master suites on both the 1st and 2nd floors and boasts an open concept living area as well as a first floor recreation room complete with a newly updated wet bar! Pinecrest at Inlet Beach is a cozy and intimate gated community that has a beautiful community pool and is walking distance to Rosemary Beach, Alys Beach and a nearby public beach access!
  • 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:Living Room: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Storm Doors: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Security System, Stove/Oven Gas, Washer
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Interior Amenities: Ceiling Vaulted, Floor Tile, Furnished - All, Lighting Recessed, Renovated, Walls Paneled, Window Treatment All
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling Vaulted: Yes
  • Appliances:Security System: Yes
  • Interior:Walls Paneled: Yes

Exterior Features

  • Lot Features: Covenants, Interior, Level, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Block, Frame, Roof Metal
  • Exterior Features: Balcony, Porch Open, Shower
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Block: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Porch Open: Yes
  • Exterior:Shower: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Gated Community, Pets Allowed, Pool, TV Cable
  • Association #2 Fee: 975.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Management, Security, Trash

Schools

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

Lot Info

  • Parcel #: 36-3S-18-16126-000-0010
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11913.66
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2021
Sold by
98Pinecrest Llc
Bought by
Ashley Properties Llc and Loml Llc
Current Estimated Value
$3,190,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,210,000
Outstanding Balance
$1,992,143
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,198,153

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 21, 2020
Sold by
Smith Brian and Smith Jennifer T
Bought by
98Pinecrest Llc
Seller's Agent
Nathan Lambert
Lambert Realty and Development
Buyer's Agent
Merry Ann Holotik
Engel & Volkers Destin
List Price
$1,625,000
Sold Price
$1,625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.39%

Purchase Details

Listed on
Dec 13, 2017
Closed on
Mar 2, 2018
Sold by
M B D Properties Llc
Bought by
Smith Brian and Smith Jennifer T
Seller's Agent
Beau Blankenship
Christies International Real Estate Emerald Coast
Buyer's Agent
Nathan Lambert
ResortQuest Real Estate Seagrove Beach
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%
Original Mortgage
$1,062,500
Interest Rate
4.04%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 4, 2015
Closed on
Feb 25, 2015
Sold by
Blankenship Cynthia A
Bought by
Mbd Properties Llc
Seller's Agent
Beau Blankenship
Christies International Real Estate Emerald Coast
Buyer's Agent
Lisa Hughley
Keller Williams Realty SRB
List Price
$1,059,000
Sold Price
$1,059,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%

Purchase Details

Closed on
Nov 18, 2014
Sold by
Blankenship Charles E and Blankenship Cynthia A
Bought by
Revocabl Blankenship Cynthia A and Cynthia A Blankenship Revocable Trust

Purchase Details

Closed on
Mar 31, 2010
Sold by
Robert W Higgins Family Ltd
Bought by
Blankenship Charles E and Blankenship Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.91%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ashley Properties Llc $2,600,000 None Available
98Pinecrest Llc $11,375 New Title Company Name
Smith Brian $1,250,000 Mcneese Title Llc
Mbd Properties Llc $1,059,000 Mcneese Title Llc
Revocabl Blankenship Cynthia A -- None Available
Blankenship Charles E $700,000 Neighborhood Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashley Properties Llc $2,210,000
Previous Owner Smith Brian $1,062,500
Previous Owner Blankenship Charles E $210,000
Previous Owner Blankenship Charles E $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2020 08/21/20 Sold $1,625,000 0.0% $541 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $1,625,000 +30.0% $541 / Sq Ft
03/02/2018 03/02/18 Sold $1,250,000 0.0% $405 / Sq Ft View Prior Sale
02/02/2018 02/02/18 Pending -- -- --
12/13/2017 12/13/17 For Sale $1,250,000 +18.0% $405 / Sq Ft
02/25/2015 02/25/15 Sold $1,059,000 0.0% $343 / Sq Ft View Prior Sale
02/15/2015 02/15/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $1,059,000 -- $343 / 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
2025 $19,998 $2,213,217 $600,000 $1,613,217
2024 $18,623 $2,231,960 $600,000 $1,631,960
2023 $18,623 $2,049,554 $600,000 $1,449,554
2022 $17,766 $1,917,065 $603,034 $1,314,031
2021 $12,551 $1,296,650 $421,960 $874,690
2020 $12,344 $1,236,621 $386,040 $850,581
2019 $11,914 $1,199,644 $374,796 $824,848
2018 $11,559 $1,175,404 $0 $0
2017 $11,126 $1,201,809 $353,600 $848,209
2016 $9,449 $944,313 $0 $0
2015 $8,436 $855,989 $0 $0
2014 $7,939 $806,935 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 851098

Emerald Coast Association of REALTORS®

APN: 36-3S-18-16126-000-0010