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Walton 32413
106 W Cobia Run
$695,000
● House - Off Market

106 W Cobia Run

Seacrest, FL 32461
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,035 Ft²
$1,221,223
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

This beautiful Florida Craftsman Style design is exactly what you've been looking for... this amazing one story home is perfectly situated close to the 12,000 sq ft pool and close to the shops of the Village of South Walton and just a short stroll to all Rosemary and Alys Beach have to offer. This 4 bedroom 3 bath cottage has all you could want in a primary residence or vacation home, hardwood floors throughout with stone wood burning fireplace located in the the great room. Large Master Suite and 2nd Bedroom are large enough for King Beds and the other 2 bedrooms are spacious as well. Kitchen features include granite, custom cabinets, and stainless appliances. Home is sold furnished and is a vacation rental dream... Must see to believe!
Unit Size
2,035 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$368
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
2003

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (ECAR MLS #752952)

Price History

Date / Event Date Event Price
Nov 21, 2023 Sold
Premium
Sold
Apr 10, 2017 Sold
Premium
Sold
May 17, 2016 Listed by Counts Real Estate Group Inc $749,000
Listed by Counts Real Estate Group Inc
Oct 22, 2002 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,966
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,245
  • Gross Building Area: 2,245
  • Building Area: 2,245
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,245
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEACREST BEACH PH 2
  • Land Acres: 0000000114
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 9 BLK G SEACREST BEACH PH 2 S/D PB 13-3 OR 1694-429 OR 2444A-1008 OR 3038-239

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950611

Geography

  • Assessors Map Reference: S3-26-18
  • Subdivision Phase Number: 2
  • Parcel: 26-3S-18-16010-00G-0090
  • Block: G
  • Lot: 9
  • Meridian: SEC 26 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.2841
  • Longitude: -86.0199

    Address

  • Full Address: 106 Cobia Run W
  • Address - House Number: 106
  • Street Segment Direction: W
  • Address - Street Name: Cobia
  • Address - Suffix Type: Run
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R032
  • 4-Digit Zip Code: 6907
  • Zip Code: 32461

Valuation

    Tax

  • Total Area: 2,128
  • Tax Year: 2022
  • Tax Amount: $802,859
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2678
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 1,557,901
  • High Value: 1,975,233
  • Low Value: 1,140,568

    Market Valuation

  • Market Total Value: $1,066,944
  • Market Land Value: $467,366
  • Market Improvement Value: $599,578

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,066,944
  • Assessed Land Value: $467,366
  • Assessed Improvements Value: $599,578

    Sales

  • Current Sale Contract Date: Nov 16, 2023
  • Current Sale Recording Date: Nov 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 42014
  • Previous Sale Recording Date: Apr 10, 2017
  • Previous Sale Contract Date: Apr 06, 2017
  • Previous Sale Amount: $695,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Walton

Stats & Trends

Median Asking:

$719,000

Sale Price/ft²

$421

Below Asking

0.03%

Average Days on Market

98

Average Home Size

2297 ft²

Average Home Age

16.9 years

Currently For Sale

2283 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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ECAR

Listed by: Mark Cowart, Counts Real Estate Group Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 752952
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 106 Cobia Run West built and last sold?
The property at 106 Cobia Run West was built in 2003 and last sold on Nov 16, 2023 for $431,100.
How much is this home worth?
The estimated value of the home located at 106 Cobia Run West is $0.
What are some comparable homes to 106 Cobia Run West?
There are currently no comparable homes to 106 Cobia Run West.
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