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Walton 32413
192 Cannonball Lane
$450,000
● House - Off Market

192 Cannonball Lane

Watersound, FL 32461
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,286 Ft²
$807,001
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

GREAT VALUE!! Immaculately maintained residence in WaterSound Origins! Perfectly situated across from the Village Commons amenity complex this 4 bedroom and 3 bath home offers 2266 square feet. The open kitchen, dining and cathedral ceiling living area are inviting with a multitude of windows providing natural light. An office, bedroom, full bath and two screened porches complete the first floor. As you follow the staircase up to the second level there are two additional guest bedrooms which share a full bath, laundry room and master bedroom with a spacious ensuite. There is also a two car garage and partially fenced yard. Community amenities include a pool, trails, fitness center, caf, playground, Lake Powell dock and Origins golf course. Don't miss this special opportunity!
Unit Size
2,286 Ft²
Days on Market
-
Land Size
-
Price per sqft
$210
Property Type
House
Property Taxes
-
HOA Dues
$475
Year Built
2008

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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 #757417)

Price History

Date / Event Date Event Price
May 26, 2021 Sold
Premium
Sold
Dec 2, 2016 Sold
Premium
Sold
Jul 21, 2016 Listed by Berkshire Hathaway HomeServices $479,000
Listed by Berkshire Hathaway HomeServices
Feb 10, 2009 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 462
  • Parking Space Count: 0
  • Patio Type: 70
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,097
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 450
  • Total Building Area: 2,426
  • Gross Building Area: 2,426
  • Building Area: 2,426
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,426
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATER SOUND
  • Land Acres: 0000000117
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 5 WINTER GARDEN AT WATER SOUND S/D PB 17-68 OR 2724-3174 OR 2725-4728 OR 2810-2065 OR 3027-2337 OR 3199-3605

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950610

Geography

  • Assessors Map Reference: S3-25-18
  • Parcel: 25-3S-18-16200-000-0050
  • Lot: 5
  • Meridian: SEC 25 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.2943
  • Longitude: -86.008

    Address

  • Full Address: 192 Cannonball Ln
  • Address - House Number: 192
  • Address - Street Name: Cannonball
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R019
  • 4-Digit Zip Code: 8581
  • Zip Code: 32461

Valuation

    Tax

  • Total Area: 2,655
  • Tax Year: 2022
  • Tax Amount: $706,024
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2689
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 1,349,474
  • High Value: 1,712,391
  • Low Value: 986,557

    Market Valuation

  • Market Total Value: $761,837
  • Market Land Value: $106,141
  • Market Improvement Value: $655,696

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $761,837
  • Assessed Land Value: $106,141
  • Assessed Improvements Value: $655,696

    Sales

  • Current Sale Contract Date: May 21, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210026437
  • Previous Sale Recording Date: Dec 02, 2016
  • Previous Sale Contract Date: Nov 30, 2016
  • Previous Sale Amount: $450,000
  • 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:

$699,000

Sale Price/ft²

$395

Below Asking

0.02%

Average Days on Market

80

Average Home Size

2268 ft²

Average Home Age

17.7 years

Currently For Sale

3396 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: Anne L Winicki, Berkshire Hathaway HomeServices
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 757417
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 192 Cannonball Lane built and last sold?
The property at 192 Cannonball Lane was built in 2008 and last sold on May 21, 2021 for $950,000.
How much is this home worth?
The estimated value of the home located at 192 Cannonball Lane is $1,191,423.
What are some comparable homes to 192 Cannonball Lane?
There are currently no comparable homes to 192 Cannonball Lane.
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