NOT LISTED FOR SALE

Lot 8 Laurel Oak Ln Point Washington, FL 32459

Estimated Value: $670,000 - $800,000

0.17 Acre
$4,470,471 Price per Acre
7,405 Sq Ft Lot

Last Sold January 06, 2017

Last sale price $100,000

Est. 660% increase in value since last sale

Current estimated payment $4,246/month

34 Days on Market

Highlights

  • Property fronts a bayou
  • Wetlands on Lot
  • Wooded Lot
  • Dune Lakes Elementary School Rated A-

About This Lot

As of January 2017

Waterfront lot on deep water McQuage Bayou. Build here and take your kayak or boat to Choctawhatchee Bay! Secluded, tranquil setting to call home by the bay. Visualize opportunities with construction drawings available for a 2 story home with garage and guest suite. Recorded Easement through lot 6 & 7 provides access to this parcel. Great location for nature lovers along the bayou. Put in a dock and enjoy life out on the water. Savor a quite lifestyle near the bay where the action of the beach at Grayton is just a 10 minute drive away. ***Buyer is responsible for personally verifying details about this property. All information contained on the listing is believed to be accurate, yet not guaranteed. ***

Last Agent to Sell the Property

Rachel Matz

Christies International Real Estate Emerald Coast License #3272585 Listed on: 10/25/2016

Christies International Real Estate Emerald Coast

Co-Listed By

Michelle Joly

Davis Properties Of Nw Fl License #3116678

Last Buyer's Agent

Duane Porte

Inlet Beach Real Estate License #3125166

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $513

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x205
  • Property fronts a bayou
  • Property fronts an easement
  • Wooded Lot
  • The community has rules related to exclusive easements

Schools

  • Emerald Coast Middle School
  • South Walton High School

Additional Features

  • Bayou Views
  • Water Tap or Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 27-2S-19-24140-037-0080

Community Details

Overview

  • Magnolia Beach Subdivision

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$513

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.17
  • Lot Size: 50x205
  • Road Frontage Type: Easement
  • Co List Office Mls Id: EDPN
  • Co List Office Phone: 850-231-2025
  • Subdivision Name: MAGNOLIA BEACH
  • Directions: From HWY 98 Drive North on 283N to East Point Washington Road where you take a right. Continue on East Point Washington Rd to Dawson Road and take a left. Take the first right on Devlieg Ave. Continue to the end. Devlieg Ave continues on as Laurel Oak Lane. Look for sign on the left.
  • Utilities:Sewer Available: Yes
  • Utilities:Public Water: Yes
  • Utilities:Tap Fee Due: Yes
  • Waterfront:Bayou: Yes
  • Waterview:Bayou2: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Easements, Survey Available, Wetlands, Within 1/2 Mile to Water, Wooded
  • View: Bayou
  • Waterfront Features: Bayou
  • Waterfront: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Easements: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Wetlands: Yes

Utilities

  • Utilities: Public Water, Sewer Available, Tap Fee Due

Schools

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

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 27-2S-19-24140-037-0080
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 512.64
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2018
Sold by
Cotton Kathleen Marie and Cotton Charles W
Bought by
Cotton Charles W and Cotton Kathleen Marie
Current Estimated Value
$759,980

Purchase Details

Listed on
Oct 25, 2016
Closed on
Jan 6, 2017
Sold by
Thurber John S
Bought by
Cotton Charles W
Seller's Agent
Rachel Matz
Christies International Real Estate Emerald Coast
Buyer's Agent
Duane Porte
Inlet Beach Real Estate
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.95%

Purchase Details

Closed on
May 13, 2005
Sold by
Thurber Dawn M
Bought by
Thurber John S

Purchase Details

Closed on
Jun 30, 2004
Sold by
Thurber John S and Thurber Dawn M
Bought by
Branham Randolph T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 10, 2004
Sold by
Thurber John S and Thurber Dawn M
Bought by
Foret Ted H
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
Cotton Charles W -- Nautitas Title & Escrow
Cotton Charles W $100,000 Bradley Title Llc
Thurber John S -- --
Branham Randolph T $205,000 Preferred Title
Foret Ted H $60,000 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Branham Randolph T $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2017 01/06/17 Sold $100,000 0.0% --
11/28/2016 11/28/16 Pending -- -- --
10/25/2016 10/25/16 For Sale $100,000 -- --
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 $3,118 $392,911 -- --
2023 $3,118 $381,467 $0 $0
2022 $3,079 $370,356 $0 $0
2021 $3,116 $359,569 $86,116 $273,453
2020 $2,789 $279,344 $78,785 $200,559
2019 $752 $75,755 $75,755 $0
2018 $726 $72,841 $0 $0
2017 $654 $70,720 $70,720 $0
2016 $620 $68,000 $0 $0
2015 $513 $50,433 $0 $0
2014 $473 $45,848 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 763142

Emerald Coast Association of REALTORS®

APN: 27-2S-19-24140-037-0080