NOT LISTED FOR SALE

LOT 4 Pinecrest Cir Inlet Beach, FL 32461

Estimated Value: $4,666,000 - $5,871,000

0.33 Acre
$15,714,015 Price per Acre
14,375 Sq Ft Lot

Last Sold October 30, 2014

Last sale price $405,000

Est. 1,180% increase in value since last sale

Current estimated payment $31,614/month

109 Days on Market

Highlights

  • Gated Community
  • 0.33 Acre Lot
  • Interior Lot
  • Bay Elementary School Rated A-
  • Community Pool

About This Lot

As of October 2014

Pinecrest at Inlet Beach is a small elegant neighborhood tucked away on the South side of Scenic 30A and next door to Rosemary Beach. Just steps from the Gulf of Mexico, yet, this gated retreat offers privacy when you wish to escape. This large lot is close to both the boardwalk and the beach access. It is also within walking or biking distance to boutique shops, fantastic dining and farmers markets in the nearby communities of Rosemary Beach, Seacrest Beach, and Alys Beach. Less than 30 minutes from the Northwest Florida Beaches International airport making Pinecrest the ideal location.

Last Listed By

Marianne Grant

Watersound Real Estate License #389561 Listed on: 05/22/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $27,659

Year Built

  • 2017

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 116x125
  • Property fronts a county road
  • Interior Lot

HOA Fees

  • $283 Monthly HOA Fees

Schools

  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 36-3S-18-16125-000-0040

Community Details

Overview

  • Association fees include accounting, ground keeping, recreational faclty
  • Pinecrest At Inlet Beach Subdivision
  • The community has rules related to covenants

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$27,659

Year Built

2017

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.33
  • Lot Size: 116X125
  • Road Frontage Type: County Road
  • Subdivision Name: PINECREST AT INLET BEACH
  • Directions: FROM HIGHWAY 98 & E CO HIGHWAY 30-A, TRAVEL WEST ON 30-A. PINECREST WILL BE ON THE SOUTH SIDE OF 30-A BEFORE ROSEMARY BEACH. PINECREST IS A GATED COMMUNITY- GATE CODE NEEDED TO ENTER.
  • Utilities Electric: Yes
  • Special Features: None
  • Year Built (Public Record): 2017

Exterior Features

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

Utilities

  • Sewer: Public Sewer
  • Utilities: Electric, Phone, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Pool
  • Association #2 Fee: 850.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Recreational Faclty

Schools

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

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Parcel #: 36-3S-18-16125-000-0040
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2023
Sold by
Mahan Mary Nunn
Bought by
Ladgenski Derek
Total Days on Market
109
Current Estimated Value
$5,185,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,499,500
Outstanding Balance
$4,341,294
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$844,331

Purchase Details

Closed on
Jun 2, 2017
Sold by
Waterside Llc
Bought by
Mahan Mary N

Purchase Details

Closed on
Dec 18, 2015
Sold by
Thompson Julius C and Thompson Wendy K
Bought by
Waterside Llc

Purchase Details

Listed on
May 22, 2014
Closed on
Oct 30, 2014
Sold by
Blank F Philip and Blank Rita
Bought by
Thompson Julius C and Thompson Wendy K
Seller's Agent
Marianne Grant
Watersound Real Estate
Buyer's Agent
Jim Dixon
30A Homes Sales
List Price
$405,000
Sold Price
$405,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.28%
Original Mortgage
$402,024
Interest Rate
4.29%

Purchase Details

Closed on
Apr 15, 2004
Sold by
Pinecrest Investors Llc
Bought by
Blank F Philip and Blan Rita

Purchase Details

Closed on
Jul 25, 2003
Sold by
Pinecrest At Inlet Beach Llc
Bought by
Pinecrest Investors Llc

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
Ladgenski Derek $5,000,000 South Oak Title
Mahan Mary N $2,200,000 Attorney
Waterside Llc $595,000 Attorney
Thompson Julius C $405,000 Attorney
Blank F Philip $340,000 --
Pinecrest Investors Llc $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ladgenski Derek $4,499,500
Previous Owner Thompson Julius C $402,024
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2014 10/30/14 Sold $405,000 0.0% --
09/08/2014 09/08/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $405,000 -- --
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 $27,659 $3,877,407 $624,765 $3,252,642
2023 $27,659 $2,655,188 $0 $0
2022 $25,845 $3,206,415 $693,489 $2,512,926
2021 $21,241 $2,194,370 $527,450 $1,666,920
2020 $20,677 $2,071,307 $482,550 $1,588,757
2019 $19,965 $2,010,365 $468,495 $1,541,870
2018 $19,364 $1,942,023 $0 $0
2017 $4,381 $442,000 $442,000 $0
2016 $4,253 $425,000 $0 $0
2015 $3,456 $340,000 $0 $0
2014 $1,934 $238,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 706026

Emerald Coast Association of REALTORS®

APN: 36-3S-18-16125-000-0040