NOT LISTED FOR SALE

Lot 24-32 E Point Washington Rd Unit Grayton Bayou Santa Rosa Beach, FL 32459

Estimated Value: $696,351 - $895,000

0.17 Acre
$4,497,576 Price per Acre
7,405 Sq Ft Lot

Last Sold April 12, 2017

Last sale price $46,000

Est. 1,562% increase in value since last sale

Current estimated payment $4,404/month

172 Days on Market

Highlights

  • Waterfront Community
  • Community Boat Launch
  • Community Pool
  • Dune Lakes Elementary School Rated A-
  • Fishing
  • Interior Lot

About This Lot

As of April 2017

Grayton Bayou located only 5 mins from beach. Professionally landscaped with Florida cottage style homes. Many amenities - common area with pond, nature areas, 2000 Sq. ft swimming pool, wi-fi, picnic area, bayfront park, and boat launch in close proximity. This property has an alleyway for easy construction of carriage house or garage. This property is ''State Forest View!'' MacQuage Bayou and the 20,000 acre Point Washington State Forest is located right across the street. Grayton Bayou CC&R's require florida cottage home with minimum size of 1600 sq. ft.

Last Agent to Sell the Property

Jonathan Roberts

Keller Williams Realty SRB License #646666 Listed on: 10/01/2016

Keller Williams Realty SRB

Last Buyer's Agent

Nichole Causton

The Premier Property Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $232

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Property fronts a state road
  • Property fronts an easement
  • Interior Lot

HOA Fees

  • $56 Monthly HOA Fees

Schools

  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Propane
  • Water Tap or Transfer Fee
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-2S-19-24500-032-0240

Community Details

Overview

  • Association fees include electricity, ground keeping, insurance, land recreation, legal, licenses/permits, recreational faclty, repairs/maintenance, water
  • Grayton Bayou Subdivision
  • The community has rules related to covenants, exclusive easements

Amenities

  • Picnic Area
  • Community Pavilion

Recreation

  • Community Boat Launch
  • Waterfront Community
  • Community Pool
  • Community Whirlpool Spa
  • Fishing

Property Details

Property Type

Land

Est. Annual Taxes

$232

Lot Details

0

HOA Fees

$56 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.17
  • Lot Size: 50 x 150
  • Road Frontage Type: County Road, See Remarks, State Highway, Easement
  • Road Surface Type: Paved Road, Gravel/Oyster Shell
  • Subdivision Name: Grayton Bayou
  • Directions: From Highway 98, go north on Bay Drive (Co-Hwy 283-North), turn right on E. Pt. Washington Road. This property is located just past the corner of Dawson Ave. and E. Pt. Washington Road on the left.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Tap Fee Due: Yes
  • Utilities:Gas - Propane: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Covenants, Easements, Interior, Restrictions, Within 1/2 Mile to Water, See Remarks
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Easements: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • Lot Features:See Remarks6: Yes

Utilities

  • Utilities: Electric, Gas - Propane, Phone, Public Sewer, Public Water, Tap Fee Due, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Boat Launch, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Waterfront, Whirlpool, Owners Pets Allowed
  • Association #2 Fee: 670.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Electricity, Ground Keeping, Insurance, Land Recreation, Legal, Licenses/Permits, Recreational Faclty, Repairs/Maintenance, Water

Schools

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

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 28-2S-19-24500-032-0240
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 232.46
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2019
Sold by
Walton Point Real Estate Partners I Llc
Bought by
Be Welle Properties Llc
Current Estimated Value
$764,588

Purchase Details

Listed on
Oct 1, 2016
Closed on
Apr 11, 2017
Sold by
Cromwell Jason S and Cromwell Joanie W
Bought by
Walton Point Real State Partners I Llc
Seller's Agent
Jonathan Roberts
Keller Williams Realty SRB
Buyer's Agent
Nichole Causton
The Premier Property Group
List Price
$46,000
Sold Price
$46,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.92%

Purchase Details

Closed on
Jan 12, 2005
Sold by
Wensel Nicholas A
Bought by
Cromwell Jason S and Cromwell Joanie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
5.71%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 10, 2004
Sold by
Rpm Development Llc
Bought by
Wendel Nicholas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
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
Be Welle Properties Llc $340,000 Allure Title Company
Walton Point Real State Partners I Llc $46,000 None Available
Cromwell Jason S $250,000 Acquire Land Title Inc
Wendel Nicholas A $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cromwell Jason S $187,500
Previous Owner Wendel Nicholas A $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2019 06/23/19 Off Market $46,000 -- --
04/12/2017 04/12/17 Sold $46,000 0.0% --
03/22/2017 03/22/17 Pending -- -- --
10/01/2016 10/01/16 For Sale $46,000 -- --
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 $4,061 $519,334 $135,000 $384,334
2023 $4,061 $381,153 $0 $0
2022 $3,602 $435,631 $95,180 $340,451
2021 $3,153 $336,702 $66,270 $270,432
2020 $2,859 $286,366 $55,117 $231,249
2019 $2,248 $226,360 $52,997 $173,363
2018 $508 $50,959 $0 $0
2017 $320 $42,286 $42,286 $0
2016 $306 $40,660 $0 $0
2015 $290 $38,000 $0 $0
2014 $232 $28,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 721172

Emerald Coast Association of REALTORS®

APN: 28-2S-19-24500-032-0240