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Walton 32439
153 Sweetwater Lane
$600,000
● House - Off Market

153 Sweetwater Lane

Freeport, FL 32439
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,130 Ft²
$772,498
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

WATERFRONT DREAM! This custom 3/2 home is located on the calm waters of Mallet Bayou! Situated under beautiful canopy oaks, on TWO protected deepwater lots (total 1.3 Acre), this home is only 10 minutes from the Beaches of South Walton! Bring the boat and enjoy the sunset sails along Choctawhatchee Bay. Features of this home include; large open concept kitchen/living area with beautiful views of Mallet Bayou, large waterfront master bedroom with ensuite, separate pantry room, oversized additional bedrooms, tiled floors, cathedral ceilings, recessed lighting, stainless appliances, granite countertops, breakfast bar, large screened-in porch (perfect for entertaining), boat dock, boat lift and much more! See attached virtual tour, video and floor plan. Call for your appointment to view today!
Unit Size
2,130 Ft²
Days on Market
-
Land Size
1.30 acres
Price per sqft
$317
Property Type
House
Property Taxes
$190
HOA Dues
-
Year Built
2006

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #860413)

Price History

Date / Event Date Event Price
Aug 30, 2021 Sold
Premium
Sold
Dec 7, 2020 Listed by Brannon Real Estate Services $675,000
Listed by Brannon Real Estate Services

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 644
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,584
  • Lot Size Depth Feet: 3,560
  • Lot Size Frontage Feet: 1,590
  • Total Building Area: 3,146
  • Gross Building Area: 3,146
  • Building Area: 2,502
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,502
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FORREST SHORES MALLETT UNRECD
  • Land Acres: 0000001299
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LONG DESC OR 308-285 BEING LOTS 18 & 19 FOREST SHORES MALLET UNRECD DESC AS COM AT A POINT WHERE S LINE OF SEC 27 INTERSECTS W ROW US HWY 331,N 01 DEG 0552E 624.53 FT S 89 DEG 4032W 631.75 FT TO POB,S 00 DEG 1042E 441 FT TO WATERS EDGE MALLET BAYOU,

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950502

Zoning

  • Zoning: BAYN

Geography

  • Assessors Map Reference: S1-27-19
  • Section: 27
  • Parcel: 27-1S-19-23100-000-0180
  • Block: 1
  • Lot: 180
  • Meridian: SEC 27 TWN 01S RNG 019
  • Municipality: COUNTY
  • Latitude: 30.4583
  • Longitude: -86.1335

    Address

  • Full Address: 153 Sweetwater Ln
  • Address - House Number: 153
  • Address - Street Name: Sweetwater
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Freeport
  • Carrier Code: R010
  • 4-Digit Zip Code: 4657
  • Zip Code: 32439

Valuation

    Tax

  • Total Area: 2,750
  • Tax Year: 2022
  • Tax Amount: $406,562
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.2621
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 755,341
  • High Value: 953,357
  • Low Value: 557,324

    Market Valuation

  • Market Total Value: $467,362
  • Market Land Value: $206,377
  • Market Improvement Value: $260,985

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $467,362
  • Assessed Land Value: $206,377
  • Assessed Improvements Value: $260,985

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Aug 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210043549
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:

$724,900

Sale Price/ft²

$424

Below Asking

0.03%

Average Days on Market

98

Average Home Size

2290 ft²

Average Home Age

17 years

Currently For Sale

2315 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: Elizabeth L Brannon, Brannon Real Estate Services
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 860413
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 153 Sweetwater Lane built and last sold?
The property at 153 Sweetwater Lane was built in 2006 and last sold on Aug 27, 2021 for $600,000.
How much is this home worth?
The estimated value of the home located at 153 Sweetwater Lane is $0.
What are some comparable homes to 153 Sweetwater Lane?
There are currently no comparable homes to 153 Sweetwater Lane.
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