NOT LISTED FOR SALE

Estimated Value: $1,027,000 - $1,084,000

0.07 Acre
$15,597,162 Price per Acre
2,962 Sq Ft Lot

Last Sold June 13, 2013

Last sale price $79,500

Est. 1,234% increase in value since last sale

Current estimated payment $6,589/month

4 Days on Market

About This Lot

As of June 2013

LOWEST PRICED LOT IN SANDESTIN. Villa Lago is a luxury beach community located within the gates of Sandestin Resort. This premium Villa Lago Lake Front Lot features views across the longest distance of the lake; offering added privacy and spectacular views.. This lot is priced to sell. A full set of plans is also available with this lot.

Last Agent to Sell the Property

- Ecn.rets.e3961

ecn.rets.RETS_OFFICE Listed on: 05/13/2013

Last Buyer's Agent

Jennifer Howard

La Florida Coastal Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,275

Lot Details

  • Lot Dimensions are 40 x 70

HOA Fees

  • $158 Monthly HOA Fees

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Community Details

  • Villa Lago Subdivision

Listing and Financial Details

  • Assessor Parcel Number 23-2S-21-42250-000-1110

Property Details

Property Type

Land

Est. Annual Taxes

$6,275

Lot Details

0

HOA Fees

$158 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size: 40 X 70
  • Subdivision Name: VILLA LAGO
  • Directions: Turn North into Sandestin Resort. Villa Lago is located just past the Village of Baytowne Wharf on your left.
  • Special Features: None

Utilities

  • Utilities: Community Sewer, Community Water

Condo/Co-op/Association

  • Association #2 Fee: 475.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 23-2S-21-42250-000-1110
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2017
Sold by
Shaver Linda K
Bought by
Mason William M and Mason Lisa W
Current Estimated Value
$1,060,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$306,609
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$727,526

Purchase Details

Closed on
Mar 14, 2014
Sold by
Huff Developments Llc
Bought by
Shaver David E and Shaver Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 13, 2013
Closed on
Jun 13, 2013
Sold by
Hyneman Kevin
Bought by
Huff Developments Llc
Seller's Agent
- Ecn.rets.e3961
ecn.rets.RETS_OFFICE
Buyer's Agent
Jennifer Howard
La Florida Coastal Properties
List Price
$79,500
Sold Price
$79,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.79%

Purchase Details

Closed on
Jun 28, 2012
Sold by
Tri Meg Properties Llc
Bought by
Hyneman Kevin

Purchase Details

Closed on
Jul 12, 2011
Sold by
Elcan Charles A and Elcan Patricia F
Bought by
Tri Meg Properties Llc

Purchase Details

Closed on
Nov 3, 2005
Sold by
C D Jones & Co Inc
Bought by
Elcan Charles A and Elcan Patricia F
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
Mason William M $450,000 Emerald Coast Title Svcs Llc
Shaver David E $429,000 Mcneese Title Llc
Huff Developments Llc $79,500 Mcneese Title Llc
Hyneman Kevin $65,000 Mcneese Title Llc
Tri Meg Properties Llc $80,000 Mcneese Title Llc
Elcan Charles A $311,000 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mason William M $360,000
Previous Owner Shaver David E $329,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2013 06/13/13 Sold $79,500 0.0% --
05/17/2013 05/17/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $79,500 -- --
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 $6,275 $819,337 $132,418 $686,919
2023 $6,275 $593,272 $0 $0
2022 $5,848 $733,193 $146,985 $586,208
2021 $4,937 $530,292 $128,561 $401,731
2020 $4,449 $445,734 $117,617 $328,117
2019 $4,283 $431,322 $113,093 $318,229
2018 $4,173 $418,517 $0 $0
2017 $3,271 $367,139 $0 $0
2016 $3,228 $359,588 $0 $0
2015 $3,255 $357,088 $0 $0
2014 -- $75,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 594118

Emerald Coast Association of REALTORS®

APN: 23-2S-21-42250-000-1110