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2488 Bungalo Lane

2488 Bungalo Lane, Miramar Beach, FL 32550
Property in Walton Beaches
Sold Jun 02, 2022
$830,000
$664,000 by Planters Bank & Trust Company
Mortgage Due Jun 10, 2027
Sold Mar 07, 2013
$365,000
$345,100 by Primelending
Mortgage Due Mar 01, 2043
2488 Bungalo Lane in Miramar Beach, FL was first built in 2005 and is 19 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2488 Bungalo Lane has 1,800 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. The linear feet across the front of the lot is 410 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 5,477 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 gypsum boards such as those made of drywall, sheetrock, etc. 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. The property was last sold in May 31, 2022 for $830,000. That's $461.11 per sqft. Prior to that sales transaction, the property was also sold in Feb 25, 2013 for $365,000. 2488 Bungalo Lane was last assessed in 2022. The total value of the property was assessed at $368,276. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,059. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: C+
  • Exterior Walls Type: Concrete
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Type: Pole
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,477
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 410
  • Total Building Area: 1,800
  • Gross Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,800
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SANDESTIN PH II
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2488 BUNGALOS AT SANDESTIN PH II PB 16-78 OR 2682-148 OR 2851-3185 OR 2852-4850 OR 2913-175 OR 3254-3812

Ownership

  • Current Owner : HAGAN MARTHA RUTH
  • Current Owner 2: LAYMAN SUE
  • Previous Owner : DAVIS JEFFREY G
  • Owner Before Previous Owner: MITCHELL JAMES DAVID
  • Owner Before Previous Owner 2: MITCHELL KIMBERLY EVE
  • Ownership Rights Codes: Tenants in Common

Neighborhood

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

Geography

  • Assessors Map Reference: S2-24-21
  • Subdivision Phase Number: 2
  • Parcel: 24-2S-21-42830-000-2488
  • Block: 24
  • Lot: 2488
  • Meridian: SEC 24 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3911
  • Longitude: -86.3073

    Address

  • Full Address: 2488 Bungalo Ln
  • Address - House Number: 2488
  • Address - Street Name: Bungalo
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C024
  • 4-Digit Zip Code: 1857
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 1,620
  • Tax Year: 2022
  • Tax Amount: $3,059
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2647
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 923,040
  • High Value: 1,167,411
  • Low Value: 678,668

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $664,000
  • First Open Lien Mortgage Lender: PLANTERS BANK & TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Jun 02, 2022
  • First Open Lien Mortgage Loan Amount: $664,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 10, 2027

    Market Valuation

  • Market Total Value: $629,901
  • Market Land Value: $134,888
  • Market Improvement Value: $495,013

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $368,276

    Sales

  • Current Sale Contract Date: May 31, 2022
  • Current Sale Recording Date: Jun 02, 2022
  • Current Sale Transaction ID: 11889712173
  • Current Sale Price: $830,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 26110
  • Previous Sale Recording Date: Mar 07, 2013
  • Previous Sale Contract Date: Feb 25, 2013
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLANTERS BANK & TRUST COMPANY
  • First Mortgage Transaction Date: Jun 02, 2022
  • First Mortgage Loan Amount: $664,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 10, 2027

    Previous Mortgages

  • Previous Mortgage Lender: PRIMELENDING
  • Previous Mortgage Transaction Date: Mar 07, 2013
  • Previous Mortgage Loan Amount: $345,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Mar 01, 2043

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Frequently Asked Questions

What neighborhood is 2488 Bungalo Lane located in?
The 2488 Bungalo Lane is a located in the neighborhood of Walton Beaches in Miramar Beach, Miramar Beach.
What is the average sales price for listings in 2488 Bungalo Lane?
The average sales price for units in 2488 Bungalo Lane is $0 currently.

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