NOT LISTED FOR SALE

Estimated Value: $1,500,809 - $1,615,000

0.28 Acre
$5,563,946 Price per Acre
12,197 Sq Ft Lot

Last Sold October 18, 2019

Last sale price $935,000

Est. 67% increase in value since last sale

Current estimated payment $8,947/month

473 Days on Market

Highlights

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

About This Lot

As of October 2019

GULF and LAKE Views. Large corner lot in very private S/D surrounded by state land on 3 sides and the Gulf of Mexico on the south side. Great for anyone who enjoys Uncrowded beach and panoramic views.

Last Agent to Sell the Property

Micky Whitaker

Corcoran Reverie SRB License #481600 Listed on: 05/17/2018

Corcoran Reverie SRB

Last Buyer's Agent

Cliff Cohen

Scenic Sotheby's International Realty License #541210

Scenic Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,543

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x125
  • Corner Lot

HOA Fees

  • $42 Monthly HOA Fees

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 08-3S-19-25040-00F-0050

Community Details

Overview

  • Gulf Trace Subdivision
  • The community has rules related to covenants

Recreation

  • Beach

Property Details

Property Type

Land

Est. Annual Taxes

$3,543

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.28
  • Lot Size: 100x125
  • Subdivision Name: GULF TRACE
  • Directions: from hwy 283 and 39A intersection go west. turn south on Forest Dunes dr. Turn left on Gulf Shore Dr. Lot will be on right
  • Utilities Electric: Yes
  • Utilities:Sewer Available: Yes
  • Waterview:Gulf2: Yes
  • Utilities:Community Water: Yes
  • Waterview:Lake2: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Corner, Covenants, Restrictions
  • View: Lake, Gulf
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • Lot Features:Corner: Yes

Utilities

  • Utilities: Community Water, Electric, Sewer Available

Condo/Co-op/Association

  • Community Features: Beach
  • Association #2 Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 12196.8
  • Parcel #: 08-3S-19-25040-00F-0050
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3543.29
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2018
Closed on
Oct 18, 2019
Sold by
Bellwill Properties Llc
Bought by
Baker Delmar David and Baker Danielle Finney
Seller's Agent
Micky Whitaker
Corcoran Reverie SRB
Buyer's Agent
Cliff Cohen
Scenic Sotheby's International Realty
List Price
$935,000
Sold Price
$935,000
Current Estimated Value
$1,557,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,905
Avg. Annual Appreciation
6.66%
Original Mortgage
$654,500
Outstanding Balance
$575,897
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$793,508

Purchase Details

Listed on
Mar 12, 2018
Closed on
May 4, 2018
Sold by
Geffon William B and Geffon Cheryl E
Bought by
Bellwill Properties Llc
Seller's Agent
Kitty Taylor
Grayton Coast Properties Inc
Buyer's Agent
Mickey Whitaker
30-A Realty Inc
List Price
$775,000
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.72%

Purchase Details

Closed on
Sep 16, 2017
Sold by
Geffon William and Geffon Cheryl
Bought by
Geffon Family Trust

Purchase Details

Closed on
Nov 15, 2012
Sold by
Macdonald Edward A and Macdonald Donna D
Bought by
Geffon William and Geffon Cheryl

Purchase Details

Closed on
Mar 21, 2011
Sold by
Rankin Karen L
Bought by
Macdonald Edward A and Macdonald Donna D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.99%
Mortgage Type
New Conventional
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
Baker Delmar David $935,000 Shoreline Title Llc
Bellwill Properties Llc $775,000 Attorney
Geffon Family Trust -- Attorney
Geffon William $350,000 Neighborhood Title Group
Macdonald Edward A $400,000 South Walton Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Delmar David $654,500
Previous Owner Macdonald Edward A $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Off Market $935,000 -- --
10/18/2019 10/18/19 Sold $935,000 0.0% --
09/02/2019 09/02/19 Pending -- -- --
05/17/2018 05/17/18 For Sale $935,000 +20.6% --
05/04/2018 05/04/18 Sold $775,000 0.0% --
04/03/2018 04/03/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $775,000 -- --
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 $7,264 $879,450 $879,450 --
2023 $7,264 $747,119 $0 $0
2022 $7,497 $953,387 $953,387 $0
2021 $7,012 $833,890 $833,890 $0
2020 $5,603 $561,322 $561,322 $0
2019 $4,542 $457,320 $457,320 $0
2018 $3,991 $407,000 $0 $0
2017 $3,543 $357,500 $357,500 $0
2016 $3,722 $401,250 $0 $0
2015 $3,496 $375,000 $0 $0
2014 $2,899 $281,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 798894

Emerald Coast Association of REALTORS®

APN: 08-3S-19-25040-00F-0050