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1308 Laurel Way

1308 Laurel Way, Miramar Beach, FL 32550
Property in Walton Beaches
Sold May 03, 2021
$645,000
$548,250 by Renasant Bank
Mortgage Due May 01, 2051
Sold Oct 08, 2004
$555,000
$444,000 by Destin Bank
Mortgage Due Nov 01, 2034
1308 Laurel Way in Miramar Beach, FL was first built in 2003 and is 21 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1308 Laurel Way has 1,637 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 2,644 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of composition shingle. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The exterior walls of the home are made of concrete. While the interior walls are made of decorative/custom materials. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1308 Laurel Way sold most recently in Apr 30, 2021 for a total of $645,000. If you work out the math, that's approximately a cost of $394.01 per sqft. Before that, the property was also sold for $555,000 in Oct 1, 2004. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,553 in taxes each year. 1308 Laurel Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $599,229. If we break it down further, the land itself was valued at $120,648. Improvements to the property, however, were assessed at a total of $478,581. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Quality: C+
  • Exterior Walls Type: Concrete
  • Interior Walls Type: Decorative/custom materials
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,644
  • Total Building Area: 1,637
  • Gross Building Area: 1,637
  • Building Area: 1,637
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,637
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAUREL GROVE PH 1
  • Land Acres: 0.061
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1308 LAUREL GROVE PH 1 PB 15 PG 69 AS DESC IN OR 2518-1167 OR 2635-1325 OR 3195-4147 OR 3251-1830

Ownership

  • Current Owner : DAVIS CHRISTOPHER
  • Current Owner 2: DAVIS ANGELA ELIZABETH
  • Previous Owner : F CUBED LLC
  • Owner Before Previous Owner: MEHAN MICHAEL X
  • Owner Before Previous Owner 2: MEHAN NANCY L
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950607

Zoning

  • Zoning: SD

Geography

  • Assessors Map Reference: S2-26-21
  • Subdivision Phase Number: 1
  • Parcel: 26-2S-21-42810-000-1308
  • Block: 13
  • Lot: 1308
  • Meridian: SEC 26 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3864
  • Longitude: -86.3146

    Address

  • Full Address: 1308 Laurel Way
  • Address - House Number: 1308
  • Address - Street Name: Laurel
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C024
  • 4-Digit Zip Code: 7893
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 1,696
  • Tax Year: 2022
  • Tax Amount: $5,553
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2637
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 903,325
  • High Value: 1,141,539
  • Low Value: 665,112

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,250
  • First Open Lien Mortgage Lender: RENASANT BANK
  • First Open Lien Mortgage Recording Date: May 03, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $599,229
  • Market Land Value: $120,648
  • Market Improvement Value: $478,581

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $599,229
  • Assessed Land Value: $120,648
  • Assessed Improvements Value: $478,581

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: May 03, 2021
  • Current Sale Transaction ID: 11833674233
  • Current Sale Price: $645,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210021778
  • Previous Sale Recording Date: Oct 08, 2004
  • Previous Sale Contract Date: Oct 01, 2004
  • Previous Sale Amount: $555,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RENASANT BANK
  • First Mortgage Transaction Date: May 03, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: DESTIN BANK
  • Previous Mortgage Transaction Date: Oct 08, 2004
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $444,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Nov 01, 2034

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Frequently Asked Questions

What neighborhood is 1308 Laurel Way located in?
The 1308 Laurel Way is a located in the neighborhood of Walton Beaches in Miramar Beach, Miramar Beach.
What is the average sales price for listings in 1308 Laurel Way?
The average sales price for units in 1308 Laurel Way is $0 currently.

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