NOT LISTED FOR SALE

LOT 14 Laurel Ln Point Washington, FL 32459

Estimated Value: $467,000 - $573,000

0.17 Acre
$2,950,576 Price per Acre
7,492 Sq Ft Lot

Last Sold June 12, 2012

Last sale price $20,000

Est. 2,437% increase in value since last sale

Current estimated payment $2,959/month

18 Days on Market

About This Lot

As of June 2012

Magnolia Beach....Heavily wooded subdivision by the bay. Just across the street from protected bayou. Home designs to follow classic Florida Cottage style. Buyer to verify all sizes & lot dimensions. ***Bank of America, N.A. employees and employees' household members and HTS business partners of the Bank are prohibited from purchasing this property, whether directly or indirectly. Proof of funds required with all cash offers. Pre-qual from Bank of America required with all financed offers. Allow 2-3 business days for seller response to offers***

Last Agent to Sell the Property

Thomas Williams

Century 21 Blue Marlin Pelican Listed on: 04/06/2012

Last Buyer's Agent

Emily Thurman

ecn.unknownoffice

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,564

Lot Details

  • Lot Dimensions are 50x150

Schools

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

Community Details

  • Magnolia Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-2S-19-24140-037-0140

Property Details

Property Type

Land

Est. Annual Taxes

$3,564

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size: 50X150
  • Road Surface Type: Paved Road
  • Subdivision Name: MAGNOLIA BEACH
  • Directions: North on Bay Dr (HWY 283); Right onto E Point Washington; Left onto Dawson; Right onto Greenbriar Lane; Right onto Magnolia Beach Way to the end of the street; Left on Laurel Lane. Lots on the left
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Special Features: RealEstateOwned

Utilities

  • Utilities: Public Sewer, Public Water

Schools

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

Lot Info

  • Parcel #: 27-2S-19-24140-037-0140
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2022
Sold by
Allison Trejo Casey
Bought by
Correa Olga and Johnson Ralph Edgar
Current Estimated Value
$507,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,015
Outstanding Balance
$230,000
Interest Rate
3.15%
Mortgage Type
New Conventional
Estimated Equity
$277,499

Purchase Details

Closed on
May 3, 2016
Sold by
Tindell Cheryl R and Johnson Rae Carolyn
Bought by
Johnson Ralph E and Johnson Gladys K

Purchase Details

Closed on
May 1, 2016
Bought by
Tindell Cheryl R

Purchase Details

Closed on
Jan 2, 2013
Sold by
Johnson Ralph E
Bought by
Tindell Cheryl R and Johnson Rae Carolyn

Purchase Details

Closed on
Dec 18, 2012
Sold by
Stone Ike and Stone Jacquelyn T
Bought by
Johnson Ralph E

Purchase Details

Listed on
Apr 6, 2012
Closed on
May 17, 2012
Sold by
Bank Of America N A
Bought by
Stone Jacquelyn T and Stone Ike
Seller's Agent
Thomas Williams
Century 21 Blue Marlin Pelican
Buyer's Agent
Emily Thurman
ecn.unknownoffice
List Price
$20,000
Sold Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.34%

Purchase Details

Closed on
Mar 5, 2012
Sold by
Balinsky Gary A and Balinsky Melinda
Bought by
Bank Of America N A

Purchase Details

Closed on
Apr 20, 2005
Sold by
Fraine Development Llc
Bought by
Balinsky Gary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Correa Olga $385,000 Panhandle Land Title
Trejo Casey Allison -- Panhandle Land Title
Johnson Ralph E -- Attorney
Tindell Cheryl R $100 --
Tindell Cheryl R -- Attorney
Johnson Ralph E $35,000 Mcneese Title Llc
Stone Jacquelyn T $20,000 Attorney
Bank Of America N A $4,100 Attorney
Balinsky Gary A $260,000 Acquire Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correa Olga $285,015
Previous Owner Balinsky Gary A $247,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2019 06/23/19 Off Market $20,000 -- --
06/12/2012 06/12/12 Sold $20,000 0.0% --
04/24/2012 04/24/12 Pending -- -- --
04/06/2012 04/06/12 For Sale $20,000 -- --
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 $3,564 $402,123 $155,000 $247,123
2023 $3,564 $392,232 $117,000 $275,232
2022 $2,688 $337,829 $93,962 $243,867
2021 $2,174 $224,593 $45,663 $178,930
2020 $932 $166,093 $33,421 $132,672
2019 $897 $127,727 $0 $0
2018 $878 $125,345 $0 $0
2017 $837 $121,592 $0 $0
2016 $821 $119,091 $0 $0
2015 $828 $118,263 $0 $0
2014 -- $117,324 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 575042

Emerald Coast Association of REALTORS®

APN: 27-2S-19-24140-037-0140