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Walton 32459
164 NEEDLERUSH Drive
$1,010,000
● House - Off Market

164 NEEDLERUSH Drive

Santa Rosa Beach, FL 32459
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,266 Ft²
$1,859,114
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Fresh Updates just completed!!!!! High ceilings, spacious kitchen and open floor plan are just a few of the words that describe this magnificent home in Phase III of WaterColor. Special features of this quality constructed home include: 3 bedrooms, 3.5 baths, media area, multiple niches/spaces for kids to explore, wood floors, brick fireplace, large kitchen with huge center island, 1st floor master suite and much more. This home sits on a wonderful, real-load lot near the Frog Pool and could possibly accommodate a carriage house  currently there is trellised parking and a wonderful detached storage room.
Unit Size
2,266 Ft²
Days on Market
-
Land Size
-
Price per sqft
$485
Property Type
House
Property Taxes
$801
HOA Dues
$1,083
Year Built
2005

Payment Calculator

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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 #752971)

Price History

Date / Event Date Event Price
Aug 19, 2021 Sold
Premium
Sold
Jul 18, 2016 Sold
Premium
Sold
Apr 20, 2016 Listed by Better Homes and Gardens Real Estate Coast Properties $1,099,000
Listed by Better Homes and Gardens Real Estate Coast Properties
Mar 13, 2015 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,077
  • Total Building Area: 2,159
  • Gross Building Area: 2,159
  • Building Area: 2,159
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,159
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERCOLOR
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 39 OAK GROVE AT WATERCOLOR PB 15-58 OR 2546-1752 OR 2626- 4893 OR 2627-4901 OR 2759-742 OR 2973-1267 OR 3015-3492 OR 3212-2488

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950606

Geography

  • Assessors Map Reference: S3-15-19
  • Parcel: 15-3S-19-25420-000-0390
  • Block: 3
  • Lot: 39
  • Meridian: SEC 15 TWN 03S RNG 019
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3278
  • Longitude: -86.136

    Address

  • Full Address: 164 Needlerush Dr
  • Address - House Number: 164
  • Address - Street Name: Needlerush
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Santa Rosa Beach
  • Carrier Code: H011
  • 4-Digit Zip Code: 7962
  • Zip Code: 32459

Valuation

    Tax

  • Total Area: 2,322
  • Tax Year: 2022
  • Tax Amount: $1,621,536
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2284
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 2,760,778
  • High Value: 3,391,517
  • Low Value: 2,130,040

    Market Valuation

  • Market Total Value: $1,749,721
  • Market Land Value: $836,536
  • Market Improvement Value: $913,185

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,749,721
  • Assessed Land Value: $836,536
  • Assessed Improvements Value: $913,185

    Sales

  • Current Sale Contract Date: Aug 16, 2021
  • Current Sale Recording Date: Aug 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210041644
  • Previous Sale Recording Date: Jul 18, 2016
  • Previous Sale Contract Date: Jul 15, 2016
  • Previous Sale Amount: $1,010,000
  • Previous Sale Document Type: 68
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:

$719,900

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

2285 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: Willis E Palmer, Better Homes and Gardens Real Estate Coast Properties
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 752971
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 164 Needlerush Drive built and last sold?
The property at 164 Needlerush Drive was built in 2005 and last sold on Aug 16, 2021 for $2,175,000.
How much is this home worth?
The estimated value of the home located at 164 Needlerush Drive is $0.
What are some comparable homes to 164 Needlerush Drive?
There are currently no comparable homes to 164 Needlerush Drive.
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