NOT LISTED FOR SALE

Estimated Value: $3,813,000 - $4,844,000

0.31 Acre
$14,110,019 Price per Acre
13,504 Sq Ft Lot

Last Sold July 21, 2020

Last sale price $815,000

Est. 437% increase in value since last sale

Current estimated payment $25,599/month

26 Days on Market

Highlights

  • Beach
  • Gulf View
  • Corner Lot
  • Dune Lakes Elementary School Rated A-
  • 0.31 Acre Lot

About This Lot

As of July 2020

Rare corner lot with almost a third of an acre in the prime location of Blue Mountain Beach. Seconds from the beach access along with optimal Gulf Views from one of the highest locations in the area. This can be the perfect lot for your dream home or maximize the opportunity of this footprint with a large rental investment home. Call today for more information and to see why this lot stands out from others on the market!

Last Agent to Sell the Property

Caleb Midgett

Scenic Sotheby's International Realty Brokerage Email: caleb@scenicsir.com License #3125648 Listed on: 06/09/2020

Scenic Sotheby's International Realty

Last Buyer's Agent

Snelling Team

Scenic Sotheby's International Realty License #SL3341681

Scenic Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $32,445

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 235x155x176
  • Property fronts a county road
  • Corner Lot

Property Views

  • Gulf
  • Lake

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 12-3S-20-34040-005-0120

Community Details

Overview

  • Blue Mountain Beach Subdivision

Recreation

  • Beach

Property Details

Property Type

Land

Est. Annual Taxes

$32,445

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.31
  • Lot Size: 235x155x176
  • Road Frontage Type: County Road
  • Subdivision Name: BLUE MOUNTAIN BEACH
  • Directions: South on 83 until you reach Blue Mountain Rd and turn left. Continue to Sea Grade Rd and turn left. Lot will be last one on your right at the top of the hill.
  • Attribution Contact: caleb@scenicsir.com
  • Utilities:Sewer Available: Yes
  • Utilities:Public Water: Yes
  • Waterview:Gulf2: Yes
  • Waterview:Lake2: Yes
  • Special Features: None

Exterior Features

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

Utilities

  • Utilities: Public Water, Sewer Available

Condo/Co-op/Association

  • Community Features: Beach

Schools

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

Lot Info

  • Lot Size Sq Ft: 13503.6
  • Parcel #: 12-3S-20-34040-005-0120
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2023
Sold by
Sumpton Paul and Sumpton Jai
Bought by
Paul And Joi Sumpton Living Trust and Sumpton
Current Estimated Value
$4,374,106

Purchase Details

Closed on
Jun 22, 2022
Sold by
Siegel Nest Llc
Bought by
Sumpton Paul and Sumpton Joi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,720,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2020
Closed on
Jul 21, 2020
Sold by
Jones Marilyn and Jones Kenneth
Bought by
Siegel Nest Llc
Seller's Agent
Caleb Midgett
Scenic Sotheby's International Realty
Buyer's Agent
Snelling Team
Scenic Sotheby's International Realty
List Price
$815,000
Sold Price
$815,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.47%

Purchase Details

Closed on
Mar 11, 2016
Sold by
Jernigan Jack C and Jernigan Glenda P
Bought by
Jones Marilyn and Jones Kenneth
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
Paul And Joi Sumpton Living Trust -- None Listed On Document
Sumpton Paul $3,400,000 None Listed On Document
Siegel Nest Llc $815,000 Setco Services Llc
Jones Marilyn $637,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sumpton Paul $2,720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2020 07/21/20 Sold $815,000 0.0% --
07/05/2020 07/05/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $815,000 -- --
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 $32,445 $3,588,058 $1,200,000 $2,388,058
2023 $32,445 $3,747,457 $1,200,000 $2,547,457
2022 $7,930 $992,030 $992,030 $0
2021 $6,452 $666,589 $666,589 $0
2020 $5,630 $609,845 $609,845 $0
2019 $5,279 $592,082 $592,082 $0
2018 $4,626 $499,859 $0 $0
2017 $3,847 $388,125 $388,125 $0
2016 $2,360 $304,548 $0 $0
2015 $1,791 $202,500 $0 $0
2014 $1,558 $166,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 848050

Emerald Coast Association of REALTORS®

APN: 12-3S-20-34040-005-0120