NOT LISTED FOR SALE

Estimated Value: $1,353,000 - $2,345,000

4 Beds
4.5 Baths
2,160 Sq Ft
$770/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $1,277,271 $591 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $9,755/month

49 Days on Market

Highlights

  • Deeded access to the beach
  • Primary Bedroom Suite
  • Wood Flooring
  • Dune Lakes Elementary School Rated A-
  • Florida Architecture
  • Main Floor Primary Bedroom

About This Home

As of October 2021

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 a 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. The 2-story home will feature 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 much more. Phase 2 pool is exclusive to the 37 homes located in this phase. Photos are of previous model home.

Last Agent to Sell the Property

Shelley Smith

Better Homes and Gardens Real Estate Coast Properties License #3069359 Listed on: 02/12/2021

Co-Listed By

Karissa Bell

Better Homes and Gardens Real Estate Coast Properties

Last Buyer's Agent

Stacie Boudreaux

Corcoran Reverie SRB License #3284677

Corcoran Reverie SRB

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • Lot Dimensions are 50x94

HOA Fees

  • $121 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Frame Construction
  • Metal Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Recessed Lighting
  • Dining Room
  • Screened Porch
  • Fire and Smoke Detector
  • Exterior Washer Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach

Schools

  • Bay Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 28-3S-18-16192-00D-0060

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, management, cable TV
  • Magnolia Cottages By The Sea Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$121 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 50x94
  • Co List Office Mls Id: ECPG
  • Co List Office Phone: 850-200-0523
  • Subdivision Name: MAGNOLIA COTTAGES BY THE SEA
  • Directions: From the East end of Hwy 98 & 30A, proceed Westerly on Hwy 30A for 2.5 miles. Right on Patina, which takes you under the Waterhouse condo building. Drive to the very back of the development. D6 is on the right at the cross through after the pool.
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2021
  • Remarks Misc:Remarks: 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 a 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. The 2-story home will feature 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 much more. Phase 2 pool is exclusive to the 37 homes located in this phase. Photos are of previous model home.
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Energy:AC - 2 or More: Yes
  • Rooms:Screened Porch: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Ice Machine, Microwave, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Ceiling Crwn Molding, Floor Hardwood, Floor Tile, Lighting Recessed, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Foundation On Piling, Frame, Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Porch Screened, Shower
  • Property Condition: Under Construction
  • ConstructionSiding:Roof Metal: Yes
  • Construction Status:Under Construction: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • ConstructionSiding:Frame: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Porch Screened: 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

  • Community Features: Deed Access, Pool
  • Association #2 Fee: 1450.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Management, Cable TV

Schools

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

Lot Info

  • Parcel #: 28-3S-18-16192-00D-0060
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Oct 14, 2021
Sold by
Patina Magnolia Llc
Bought by
Lacerenza Christopher M and Lacerenza Cara S
Seller's Agent
Shelley Smith
Better Homes and Gardens Real Estate Coast Properties
Buyer's Agent
Stacie Boudreaux
Corcoran Reverie SRB
List Price
$1,277,271
Sold Price
$1,277,271
Current Estimated Value
$1,662,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,103
Avg. Annual Appreciation
6.25%
Original Mortgage
$957,953
Outstanding Balance
$869,764
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$792,610

Purchase Details

Closed on
Dec 15, 2020
Sold by
Creek Park Llc
Bought by
Flaig Jonathan and Flaig Karen
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
Lacerenza Christopher M $1,277,300 Attorney
Flaig Jonathan $93,800 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lacerenza Christopher M $957,953
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2023 08/27/23 Off Market $1,277,271 -- --
10/14/2021 10/14/21 Sold $1,277,271 0.0% $591 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $1,277,271 -- $591 / 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 $12,006 $1,328,688 $250,000 $1,078,688
2024 $11,856 $1,304,813 $226,125 $1,078,688
2023 $11,856 $1,304,813 $226,125 $1,078,688
2022 $11,090 $1,196,643 $250,998 $945,645
2021 $1,417 $146,358 $146,358 $0
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: Emerald Coast Association of REALTORS®

MLS Number: 864521

Emerald Coast Association of REALTORS®

APN: 28-3S-18-16192-00D-0060

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