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657 Bayou Drive

657 Bayou Drive, Miramar Beach, FL 32550
Property in Walton Beaches
Sold Dec 20, 2021
$400,000
$300,000 by Renasant Bank
Mortgage Due Jan 01, 2037
Sold Aug 01, 2017
$314,250
$217,000 by Bancorpsouth Bank
Mortgage Due Aug 01, 2047
Local assessors in Miramar Beach, FL have categorized 657 Bayou Drive as a residential type of property. The property's lot size has been calculated to be 2,200 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 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, 657 Bayou Drive sold most recently in Dec 15, 2021 for a total of $400,000. Before that, the property was also sold for $314,250 in Jul 24, 2017. 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 $3,141 in taxes each year. 657 Bayou Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $338,909. Improvements to the property, however, were assessed at a total of $338,909. 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

  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,200
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAYOU VILLAGE PH II SANDESTIN CONDO
  • Land Acres: 0.051
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 657 BAYOU VILLAGE PH II SANDESTIN CONDO AND 1/32 INT IN COMMON ELEMENT AS REC IN OR 134-87 OR 470-332 OR 2899-3542 OR 2951-4337 OR 3048-2160 OR 3230-1162

Ownership

  • Current Owner : WELLS JENNIFER BUTLER
  • Current Owner 2: WELLS JEFFERY ALLEN
  • Previous Owner : BUTLER CATHERINE MARIE
  • Owner Before Previous Owner: COOK DONALD E
  • Owner Before Previous Owner 2: COOK ROXANE A
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950609

Zoning

  • Zoning: SD

Geography

  • Assessors Map Reference: S2-27-21
  • Subdivision Phase Number: 2
  • Parcel: 27-2S-21-42070-000-6570
  • Block: 65
  • Lot: 6570
  • Meridian: SEC 27 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3818
  • Longitude: -86.3331

    Address

  • Full Address: 657 Bayou Dr
  • Address - House Number: 657
  • Address - Street Name: Bayou
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C014
  • 4-Digit Zip Code: 4870
  • Zip Code: 32550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,141
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2158
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 70
  • Final Value: 537,623
  • High Value: 653,687
  • Low Value: 421,559

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: RENASANT BANK
  • First Open Lien Mortgage Recording Date: Dec 20, 2021
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2037

    Market Valuation

  • Market Total Value: $338,909
  • Market Improvement Value: $338,909

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $338,909
  • Assessed Improvements Value: $338,909

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 20, 2021
  • Current Sale Transaction ID: 11875931088
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210062494
  • Previous Sale Recording Date: Aug 01, 2017
  • Previous Sale Contract Date: Jul 24, 2017
  • Previous Sale Amount: $314,250
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RENASANT BANK
  • First Mortgage Transaction Date: Dec 20, 2021
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: BANCORPSOUTH BANK
  • Previous Mortgage Transaction Date: Aug 01, 2017
  • Previous Mortgage Loan Amount: $217,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2047

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Frequently Asked Questions

What neighborhood is 657 Bayou Drive located in?
The 657 Bayou Drive is a located in the neighborhood of Walton Beaches in Miramar Beach, Miramar Beach.
What is the average sales price for listings in 657 Bayou Drive?
The average sales price for units in 657 Bayou Drive is $0 currently.

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