NOT LISTED FOR SALE

Estimated Value: $1,361,000 - $1,464,000

0.1 Acre
$14,096,490 Price per Acre
4,356 Sq Ft Lot

Last Sold October 05, 2020

Last sale price $177,500

Est. 694% increase in value since last sale

Current estimated payment $8,689/month

26 Days on Market

About This Lot

As of October 2020

Beautiful homesite in the community of Lakeside at Blue Mountain Beach. Perfect for primary residence, 2nd home or investment property. This lot is close to the community pool. Just a short stroll to the public beach access and the commercial shops/restaurants at Blue Mountain Beach.

Last Agent to Sell the Property

Brian Beasley

Compass License #3403827 Listed on: 07/10/2020

Compass

Last Buyer's Agent

Erin Martin

The Premier Property Group License #3094130

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $970

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x90

HOA Fees

  • $97 Monthly HOA Fees

Schools

  • Van R Butler Elementary School
  • Bay Middle School
  • South Walton High School

Utilities

  • Water Tap or Transfer Fee

Community Details

  • Lakeside At Blue Mountain Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12-3S-20-34850-000-0890

Property Details

Property Type

Land

Est. Annual Taxes

$970

Lot Details

0

HOA Fees

$97 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.1
  • Lot Size: 50X90
  • Subdivision Name: LAKESIDE AT BLUE MOUNTAIN BEACH
  • Directions: From 30A, go North onto Hwy 283. Take first right onto Matt's Way (into Lakeside at Blue Mountain Beach). Take a right onto Cabana Trail and it will be the 15th lot on your right.
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Tap Fee Due: Yes
  • Special Features: None

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee: 290.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 12-3S-20-34850-000-0890
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 969.69
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2022
Sold by
Edith Adams Jennifer
Bought by
Myers Jason K and Myers Shanna J
Current Estimated Value
$1,409,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,145,037
Interest Rate
5.27%
Mortgage Type
Balloon
Estimated Equity
$264,612

Purchase Details

Listed on
Jul 10, 2020
Closed on
Oct 5, 2020
Sold by
Dass Stephen M
Bought by
Adams Jennifer Edith
Seller's Agent
Brian Beasley
Compass
Buyer's Agent
Erin Martin
The Premier Property Group
List Price
$177,500
Sold Price
$177,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.37%

Purchase Details

Closed on
Nov 5, 2013
Sold by
Franchi Russell Gene
Bought by
Dass Stephen M

Purchase Details

Closed on
Jun 26, 2006
Sold by
Franchi Russell Gene
Bought by
Franchi Russell Gene and Russell Gene Franchi Revocable Trust

Purchase Details

Closed on
Jul 1, 2005
Sold by
Blue Mountain Preserve Llc
Bought by
Franchi Russell G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
5.57%
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
Myers Jason K $1,500,000 Bradley Title
Adams Jennifer Edith $177,500 Shoreline Title Llc
Adams Jennifer Edith $177,500 Shoreline Title
Dass Stephen M $60,100 None Available
Franchi Russell Gene -- None Available
Franchi Russell G $335,000 Harborview Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Jason K $1,200,000
Previous Owner Franchi Russell G $301,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2022 04/21/22 Off Market $177,500 -- --
10/05/2020 10/05/20 Sold $177,500 0.0% --
08/05/2020 08/05/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $177,500 -- --
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 $11,649 $1,282,048 $325,000 $957,048
2023 $11,649 $1,282,048 $325,000 $957,048
2022 $1,832 $234,304 $234,304 $0
2021 $1,451 $149,877 $149,877 $0
2020 $1,035 $109,695 $109,695 $0
2019 $970 $106,500 $106,500 $0
2018 $859 $91,534 $0 $0
2017 $805 $88,868 $88,868 $0
2016 $764 $85,450 $0 $0
2015 $680 $72,600 $0 $0
2014 -- $55,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 850490

Emerald Coast Association of REALTORS®

APN: 12-3S-20-34850-000-0890