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Walton 32459
171 Water Oaks Loop
$360,000
● House - Off Market

171 Water Oaks Loop

Santa Rosa Beach, FL 32459
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,273 Ft²
$405,615
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Beautiful 3 Bedroom home located in the heart of Santa Rosa Beach! Less than a mile from 30A public beach access.  Home features 3 bedrooms, 2 baths, and covered front and back porches. The master bath boasts a double vanity and a separate shower and soaking tub. A spacious kitchen with granite counter tops opens to large family room. Home is wrapped in very strong, low maintenance Hardie Board, and comes with Fabric Shield Hurricane Protection.  This home comes loaded with, 9ft ceilings, arched doorways, stove and dishwasher are GE, microwave and refrigerator are Samsung, with tile floors in wet areas. Seller is only accepting 'AS IS' offers with no contingencies.  No short term rentals allowed in this neighborhood.
Unit Size
1,273 Ft²
Days on Market
-
Land Size
-
Price per sqft
$306
Property Type
House
Property Taxes
-
HOA Dues
$135
Year Built
2012

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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 #903710)

Price History

Date / Event Date Event Price
Sep 28, 2022 Sold
Premium
Sold
Jul 14, 2022 Listed by Gulf Realty 30A LLC $390,000
Listed by Gulf Realty 30A LLC
Jan 31, 2012 Sold
Premium
Sold
Jan 18, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,258
  • Total Building Area: 1,284
  • Gross Building Area: 1,284
  • Building Area: 1,284
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,284
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATER OAKS
  • Land Acres: 0000000098
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 38 WATER OAKS S/D PB 17 PG 19 OR 2705-3935 OR 2802-9 OR 2874-1485 OR 2882-3375 OR 3268-1203

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950605

Geography

  • Assessors Map Reference: S2-28-20
  • Parcel: 28-2S-20-33440-000-0380
  • Block: 3
  • Lot: 38
  • Meridian: SEC 28 TWN 02S RNG 020
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3771
  • Longitude: -86.257

    Address

  • Full Address: 171 Water Oaks Loop
  • Address - House Number: 171
  • Address - Street Name: Water Oaks
  • Address - Suffix Type: Loop
  • State: FL
  • City Name: Santa Rosa Beach
  • Carrier Code: H016
  • 4-Digit Zip Code: 8537
  • Zip Code: 32459

Valuation

    Tax

  • Total Area: 1,343
  • Tax Year: 2022
  • Tax Amount: $78,420
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2357
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 418,233
  • High Value: 516,829
  • Low Value: 319,636

    Market Valuation

  • Market Total Value: $276,871
  • Market Land Value: $25,563
  • Market Improvement Value: $251,308

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $122,790

    Sales

  • Current Sale Contract Date: Sep 27, 2022
  • Current Sale Recording Date: Sep 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 43327
  • Previous Sale Recording Date: Jan 31, 2012
  • Previous Sale Contract Date: Jan 23, 2012
  • Previous Sale Amount: $145,925
  • Previous Sale Document Type: 20
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:

$725,000

Sale Price/ft²

$424

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2274 ft²

Average Home Age

17.6 years

Currently For Sale

2325 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

Rentals Near You

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ECAR

Listed by: Christopher A Johnson, Gulf Realty 30A LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 903710
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 171 Water Oaks Loop built and last sold?
The property at 171 Water Oaks Loop was built in 2012 and last sold on Sep 27, 2022 for $360,000.
How much is this home worth?
The estimated value of the home located at 171 Water Oaks Loop is $0.
What are some comparable homes to 171 Water Oaks Loop?
There are currently no comparable homes to 171 Water Oaks Loop.
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