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120 North Somerset Street

120 North Somerset Street, Rosemary Beach, FL 32461
Townhouse in Walton Beaches
1 Units For Sale
Unit for sale at 120 N Somerset Street, Alys Beach, FL 32461

$3,850,000

  • 3 Beds
  • 3.5 Baths
  • 2,004 ft²
120 N Somerset Street, Alys Beach, FL 32461 Listing by The Simpson Group

120 North Somerset Street has been categorized by the local assessors in Rosemary Beach, FL as a residential type of property. The building on the property was first built in 2016 and is 8 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 120 North Somerset Street has 1,656 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,050 ft and across the front of the lot is 180 ft. The area measurement of the land has been determined as 1,873 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 684 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a cathedral style roof made of concrete. The exterior walls of the building are made of stucco. While the interior walls have been made of decorative/custom materials. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it 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, 120 North Somerset Street sold most recently in May 20, 2019 for a total of $1,800,000. If you work out the math, that's approximately a cost of $769.23 per sqft. 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 $21,394 in taxes each year. 120 North Somerset Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $2,243,116. If we break it down further, the land itself was valued at $281,140. Improvements to the property, however, were assessed at a total of $1,961,976. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

Building Features

Parking

Attached Garage
Guest Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190209
02/09/2019
3 Bed
4 Bath
2004 ft²
$1,925,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
2004 ft²
$1,800,000 -6.49%
05/20/2019
Ben R Bricken

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Quality: A
  • Construction Type: Frame
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Decorative/custom materials
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 684
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 1,873
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 180
  • Total Building Area: 2,340
  • Gross Building Area: 2,340
  • Building Area: 1,656
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,656
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CALIZA COURTS
  • Land Acres: 0.043
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT P6 CALIZA COURTS PB 18-59 OR 3023-4678 OR 3036-798 OR 3042-1633 OR 3105-4851

Ownership

  • Current Owner : YATES MICHAEL ZANE
  • Current Owner 2: YATES LORA BETH
  • Previous Owner : RUSSELL PETER
  • Owner Before Previous Owner: 187 SAN ROY BEACH HOLDINGS LLC

Neighborhood

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

Geography

  • Assessors Map Reference: S3-26-18
  • Parcel: 26-3S-18-16420-000-00P6
  • Lot: P6
  • Meridian: SEC 26 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.2862
  • Longitude: -86.0278

    Address

  • Full Address: 120 N Somerset St
  • Address - House Number: 120
  • Street Direction: N
  • Address - Street Name: Somerset
  • Address - Suffix Type: St
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R006
  • 4-Digit Zip Code: 8211
  • Zip Code: 32461

Valuation

    Tax

  • Total Area: 2,109
  • Tax Year: 2022
  • Tax Amount: $21,394
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2678
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 61
  • Final Value: 3,241,341
  • High Value: 4,109,636
  • Low Value: 2,373,046

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,100,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: May 20, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2049

    Market Valuation

  • Market Total Value: $2,243,116
  • Market Land Value: $281,140
  • Market Improvement Value: $1,961,976

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,243,116
  • Assessed Land Value: $281,140
  • Assessed Improvements Value: $1,961,976

    Sales

  • Current Sale Contract Date: May 20, 2019
  • Current Sale Recording Date: May 20, 2019
  • Current Sale Transaction ID: 11612196448
  • Current Sale Price: $1,800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190016221
  • Previous Sale Recording Date: May 25, 2017
  • Previous Sale Contract Date: May 16, 2017
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: May 20, 2019
  • First Mortgage Loan Amount: $1,100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: HANCOCK BANK
  • Previous Mortgage Transaction Date: May 25, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,215,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2047

About Walton



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Frequently Asked Questions

What neighborhood is 120 North Somerset Street located in?
The 120 North Somerset Street is a townhouse located in the neighborhood of Walton Beaches in Walton, Rosemary Beach.
How many listings are currently for sale in 120 North Somerset Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 120 North Somerset Street?
The average sales price for units in 120 North Somerset Street is $1,925,000 , or $961/sqft. currently.

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