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Walton 32459
188 Marlberry Trace
$253,000
● House - Off Market

188 Marlberry Trace

Santa Rosa Beach, FL 32459
bedrooms
3 Beds
bathrooms
2 Baths
$395,113
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Rare Opportunity to own your own property in a beautiful gated community with sidewalks near the Bay!! Convenient and easy access to the beaches on the Scenic 30-A Corridor AND Destin, Hospital and Silver Sands Outlet Mall. Well maintained three bedroom, two bath home in move-in condition. Low HOA fees. A MUST SEE!! This one won't last long.

Buyer to verify all dimensions.
Unit Size
-
Days on Market
55 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$138
HOA Dues
-
Year Built
2011

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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: 8 months ago (ECAR #795116)

Price History

Date / Event Date Event Price
May 25, 2018 Sold
Premium
Sold
Mar 31, 2018 Listed by Tommy Sholes Inc $259,500
Listed by Tommy Sholes Inc
Feb 28, 2012 Sold
Premium
Sold
Dec 22, 2011 Listed by Tommy Sholes Inc $183,000
Listed by Tommy Sholes Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 9
  • 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: 1
  • Garage Square Area: 264
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,289
  • Total Building Area: 1,616
  • Gross Building Area: 1,616
  • Building Area: 1,352
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,352
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIDDEN GROVE
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 25 HIDDEN GROVE PB 16-29 OR 2682-2537 OR 2806-3972 OR 2858-4120 OR 2884-3346 OR 3074-3973 OR 3080-2183

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950604

Geography

  • Assessors Map Reference: S2-19-20
  • Parcel: 19-2S-20-33170-000-0250
  • Block: 2
  • Lot: 25
  • Meridian: SEC 19 TWN 02S RNG 20W
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3927
  • Longitude: -86.2836

    Address

  • Full Address: 188 Marlberry Trce
  • Address - House Number: 188
  • Address - Street Name: Marlberry
  • Address - Suffix Type: Trce
  • State: FL
  • City Name: Santa Rosa Beach
  • Carrier Code: H029
  • 4-Digit Zip Code: 3375
  • Zip Code: 32459

Valuation

    Tax

  • Total Area: 1,418
  • Tax Year: 2022
  • Tax Amount: $175,401
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2748
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 60
  • Final Value: 499,470
  • High Value: 636,774
  • Low Value: 362,166

    Market Valuation

  • Market Total Value: $358,601
  • Market Land Value: $99,206
  • Market Improvement Value: $259,395

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $227,437

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 25, 2018
  • Current Sale Recording Date: May 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018000017425
  • Previous Sale Recording Date: Feb 28, 2012
  • Previous Sale Contract Date: Feb 24, 2012
  • Previous Sale Amount: $170,000
  • 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:

$720,000

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

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: Alan P Bruni, Tommy Sholes Inc
Last Updated: 8 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 795116
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 188 Marlberry Trace built and last sold?
The property at 188 Marlberry Trace was built in 2011 and last sold on May 25, 2018 for $253,000.
How much is this home worth?
The estimated value of the home located at 188 Marlberry Trace is $262,095.
What are some comparable homes to 188 Marlberry Trace?
There are currently no comparable homes to 188 Marlberry Trace.
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