NOT LISTED FOR SALE

TBD Lot 1 Blk 4 Cedar Fork Rd Santa Rosa Beach, FL 32459

Estimated Value: $785,000

0.16 Acre
$4,906,250 Price per Acre
6,970 Sq Ft Lot

Last Sold August 29, 2019

Last sale price $207,500

Est. 278% increase in value since last sale

Current estimated payment $4,701/month

66 Days on Market

Highlights

  • Beach
  • Fishing
  • Corner Lot
  • Dune Lakes Elementary School Rated A-
  • Gated Community
  • Community Pool

About This Lot

As of August 2019

Very large Draper Lake homesite on well-located corner, with high elevation (35'), next to Buddy Street beach access road and just a short stroll to the western peninsula pool. Just a few lots to the west of the Observation Tower Park where you can climb to the top of the Observation Tower for Gulf and Lake viewing. Draper Lake Coastal Village is an Adirondack-inspired gated coastal community south of 30A, designed by award-winning Duany, Plater, Zyberk, offering two boathouses with storage for your paddle board, kayak or canoe, two pools, one with a fireplace and outdoor TV lounging area, a gated beach cabana parking area on Gulfview Heights Rd. with private bathrooms and shower. The beauty of Draper Lake is in its hiking trails around the lake and throughout the community. A hiking/walking trail completely surrounds the neighborhood on the lake so that you're not crossing over anyone's property or climbing over a dock to enjoy the lake. And just a short stroll to restaurants and shops along 30A!

Last Agent to Sell the Property

Kelly Hill

Scenic Sotheby's International Realty Listed on: 05/12/2019

Scenic Sotheby's International Realty

Last Buyer's Agent

Allison Richards

Compass License #3016863

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,166

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 73x95x78x77
  • Property fronts a private road
  • Corner Lot
  • Level Lot

HOA Fees

  • $275 Monthly HOA Fees

Schools

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

Utilities

  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 02-3S-20-34350-004-0010

Community Details

Overview

  • Association fees include accounting, electricity, ground keeping, legal, management, security
  • Draper Lake Coastal Village Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Community Pavilion
  • Recreation Room

Recreation

  • Beach
  • Community Pool
  • Fishing

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$3,166

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.16
  • Lot Size: 73x95x78x77
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved Road
  • Subdivision Name: DRAPER LAKE COASTAL VILLAGE
  • Directions: Apprx. one mile east of the intersection of Co. Hwy 393 & 30A, just past Local Catch, turn into the west gate of Draper Lake (call for gate code). Make first right after pool and drive to bottom of hill. Homesite is first corner on left of Cedar Fork & Cedar Bend roads. Look for sign post 4-1.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Aerials/Topo Availbl, Corner, Covenants, Level, Restrictions, Within 1/2 Mile to Water
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • Lot Features:Corner: Yes
  • Lot Features:AerialsTopo Availbl: Yes

Utilities

  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, Underground

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Fishing, Gated Community, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Waterfront
  • Association #2 Fee: 825.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Electricity, Ground Keeping, Legal, Management, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 02-3S-20-34350-004-0010
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2019
Closed on
Aug 29, 2019
Sold by
Cole Charles E
Bought by
Johnson Michael T and Wasilewski Alicia D
Seller's Agent
Kelly Hill
Scenic Sotheby's International Realty
Buyer's Agent
Allison Richards
Compass
List Price
$207,500
Sold Price
$207,500
Current Estimated Value
$785,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,500
Avg. Annual Appreciation
24.24%
Original Mortgage
$186,750
Outstanding Balance
$164,244
Interest Rate
3.8%
Mortgage Type
Commercial
Estimated Equity
$620,756

Purchase Details

Closed on
Jun 16, 2014
Sold by
Summers Kevin and Summers Vanessa
Bought by
Cole Charles E

Purchase Details

Closed on
Jul 29, 2004
Sold by
Draper Lake Llc
Bought by
Summers Kevin and Summers Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,900
Interest Rate
6.19%
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
Johnson Michael T $207,500 Aqua Title Services
Cole Charles E $185,000 None Available
Summers Kevin $485,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Michael T $186,750
Previous Owner Summers Kevin $441,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2019 08/29/19 Sold $207,500 0.0% --
07/17/2019 07/17/19 Pending -- -- --
05/12/2019 05/12/19 For Sale $207,500 -- --
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 $3,166 $460,000 $460,000 --
2023 $3,166 $250,203 $0 $0
2022 $2,510 $319,125 $319,125 $0
2021 $2,002 $206,779 $206,779 $0
2020 $1,888 $189,177 $189,177 $0
2019 $2,253 $229,584 $229,584 $0
2018 $2,128 $222,897 $0 $0
2017 $1,995 $216,405 $216,405 $0
2016 $1,793 $189,165 $0 $0
2015 $1,556 $153,065 $0 $0
2014 $1,108 $126,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 822634

Emerald Coast Association of REALTORS®

APN: 02-3S-20-34350-004-0010