NOT LISTED FOR SALE

Estimated Value: $4,186,000 - $5,555,226

0.16 Acre
$30,253,481 Price per Acre
6,970 Sq Ft Lot

Last Sold April 13, 2017

Last sale price $620,000

Est. 681% increase in value since last sale

Current estimated payment $28,502/month

10 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Gulf View
  • Dune Lakes Elementary School Rated A-
  • Fishing

About This Lot

As of April 2017

Beautiful Grayton Beach home site across from Western Lake on the corner of Hotz Ave & Banfill Street. Featuring gorgeous scrub oak trees and views of Western Lake. This lot takes you back in time when the beach had a couple small cottages tucked within the old oak trees. Across from the this lot is the public lake access with a dock and boat ramp to launch your kayaks and paddle boards. A short paddle from there and you're on the beach. Grayton Beach is a laid back community with some old and some new cottages, picket fences, and the white sand beach which has been named ''the most beautiful beach in the world''. Where visitors and locals gather together to enjoy the wonderful beach life. Gulf view potential. Listing agent is related to seller.

Last Agent to Sell the Property

Catherine Ryland

Grayton Coast Properties Inc License #3246970 Listed on: 03/24/2017

Last Buyer's Agent

Scott Provow

The Beach Group Properties LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,851

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50' x 140'

Property Views

  • Gulf
  • Lake

Schools

  • Emerald Coast Middle School
  • South Walton High School

Listing and Financial Details

  • Assessor Parcel Number 08-3S-19-25030-009-0100

Community Details

Overview

  • Grayton Beach Subdivision

Recreation

  • Boat Dock
  • Beach
  • Fishing

Property Details

Property Type

Land

Est. Annual Taxes

$2,851

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.16
  • Lot Size: 50' X 140'
  • Road Surface Type: Paved Road
  • Subdivision Name: GRAYTON BEACH
  • Directions: Head South into Grayton Beach onto Defuniak St. Go straight and round left onto Hotz Ave. Stay straight and lot is down on the left on corner of Hotz and Banfill.
  • Utilities:Sewer Available: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Waterview:Lake2: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Within 1/2 Mile to Water
  • View: Lake, Gulf
  • Lot Features:Within 12 Mile to Water: Yes

Utilities

  • Utilities: Public Water, Sewer Available

Condo/Co-op/Association

  • Community Features: Beach, Dock, Fishing

Schools

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

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 08-3S-19-25030-009-0100
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2851.22
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2018
Sold by
Martin Cosby H
Bought by
Fife Life Llc
Current Estimated Value
$4,840,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 24, 2017
Closed on
Apr 13, 2017
Sold by
Trueax Partners Lp
Bought by
Martin Cosby H
Seller's Agent
Catherine Ryland
Grayton Coast Properties Inc
Buyer's Agent
Scott Provow
The Beach Group Properties LLC
List Price
$620,000
Sold Price
$620,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.68%

Purchase Details

Closed on
Jan 27, 2017
Sold by
Trueax Partners Lp
Bought by
Redbar Magnificent Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
4.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 20, 2013
Sold by
Scott Elizabeth S and Virden Virginia S
Bought by
Trueax Partners Lp

Purchase Details

Closed on
Dec 27, 2012
Sold by
Sahlie Shirley P
Bought by
Virden Virginia S and Scott Elizabeth S

Purchase Details

Closed on
Dec 26, 2012
Sold by
The Trust Company Of Sterne Agee Inc
Bought by
Sahlie Shirley P

Purchase Details

Closed on
Apr 21, 2000
Sold by
Wilkinson Wilkinson Horace Tilton Horace Tilton and Wilkinson Brown Marjorie
Bought by
The Trust Co Of Sterne Agee & Leach Inc and Shirley P Sahlie Individual Retirement A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fife Life Llc $2,100,000 Shroeline Title Llc
Martin Cosby H $620,000 Mcneese Title Llc
Redbar Magnificent Properties Llc $610,000 Mcgill Escrow & Title Llc
Trueax Partners Lp $975,000 Mcneese Title Llc
Virden Virginia S $614,400 Attorney
Sahlie Shirley P $614,400 Attorney
The Trust Co Of Sterne Agee & Leach Inc $660,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fire Life Llc $1,281,500
Closed Fife Life Llc $1,300,000
Previous Owner Redbar Magnificent Properties Llc $610,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2017 04/13/17 Sold $620,000 0.0% --
04/03/2017 04/03/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $620,000 -- --
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 $27,985 $4,052,749 $2,250,000 $1,802,749
2023 $27,985 $2,357,451 $0 $0
2022 $25,609 $3,453,932 $971,250 $2,482,682
2021 $21,014 $2,398,782 $658,685 $1,740,097
2020 $17,681 $1,771,187 $547,831 $1,223,356
2019 $16,026 $1,613,699 $531,875 $1,081,824
2018 $4,839 $485,271 $0 $0
2017 $3,419 $358,961 $0 $0
2016 $3,003 $300,135 $0 $0
2015 $2,851 $280,500 $0 $0
2014 $7,886 $765,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 760814

Emerald Coast Association of REALTORS®

APN: 08-3S-19-25030-009-0100