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Walton 32413
275 Artesian Way
$320,000
● House - Off Market

275 Artesian Way

Inlet Beach, FL 32461
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,350 Ft²
$614,800
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

WOW!!! YOU CAN BUY THIS HOUSE IN WATERSOUND FOR THIS LITTLE!!! Here's the opportunity you've been waiting for....a Beautiful, exceptionally well constructed home in Watersound. What a perfect location!! The Origins golf course with its club house just 2 blocks away as well as access to the top-tier private Golf AND Beach clubs in all of the panhandle...Shark's Tooth, Camp Creek and the Watersound Beach Club. Opportunities like this are rare. THIS IS THE LEAST EXPENSIVE HOME IN ALL OF WATERSOUND!!! Exceptionally well designed home has all the attributes necessary for full time living....a walk-in kitchen pantry, walk-in master closet, both with custom built shelving & hanging space, upgraded media wiring throughout, New JennAir Appliances.... THIS IS A MUST SEE!
Unit Size
1,350 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$244
Property Type
House
Property Taxes
$196
HOA Dues
$475
Year Built
2007

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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 #718265)

Price History

Date / Event Date Event Price
Jan 8, 2015 Sold
Premium
Sold
Nov 20, 2014 Listed by Paradise Property Brokers Inc $329,000
Listed by Paradise Property Brokers Inc
Nov 5, 2014 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 18
  • Interior Walls Type: 14
  • 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: 4
  • Garage Square Area: 252
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,870
  • Gross Building Area: 1,870
  • Building Area: 1,870
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,870
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERSOUND
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 64 WINTER GARDEN AT WATERSOUND S/D PB 17-68 OR 2724-3174 OR 2756-668 OR 2784-66 OR 2963-3898 OR 2968-1325

Neighborhood

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

Geography

  • Assessors Map Reference: S3-25-18
  • Parcel: 25-3S-18-16200-000-0640
  • Block: 6
  • Lot: 64
  • Meridian: SEC 25 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.2931
  • Longitude: -86.0109

    Address

  • Full Address: 275 Artesian Way
  • Address - House Number: 275
  • Address - Street Name: Artesian
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R019
  • 4-Digit Zip Code: 8578
  • Zip Code: 32461

Valuation

    Tax

  • Total Area: 1,774
  • Tax Year: 2022
  • Tax Amount: $432,457
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2664
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 855,965
  • High Value: 1,084,008
  • Low Value: 627,922

    Market Valuation

  • Market Total Value: $537,845
  • Market Land Value: $111,448
  • Market Improvement Value: $426,397

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $537,845
  • Assessed Land Value: $111,448
  • Assessed Improvements Value: $426,397

    Sales

  • Current Sale Contract Date: Dec 31, 2014
  • Current Sale Recording Date: Jan 08, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2015661307576
  • Previous Sale Recording Date: Nov 05, 2014
  • Previous Sale Contract Date: Nov 05, 2014
  • Previous Sale Amount: $181,800
  • Previous Sale Document Type: 69

    Financing

  • First Mortgage Financing Type: ADJ
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:

$709,000

Sale Price/ft²

$397

Below Asking

0.02%

Average Days on Market

80

Average Home Size

2260 ft²

Average Home Age

17.7 years

Currently For Sale

3381 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: Clifford W Milam, Paradise Property Brokers Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 718265
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 275 Artesian Way built and last sold?
The property at 275 Artesian Way was built in 2007 and last sold on Dec 31, 2014 for $320,000.
How much is this home worth?
The estimated value of the home located at 275 Artesian Way is $0.
What are some comparable homes to 275 Artesian Way?
There are currently no comparable homes to 275 Artesian Way.
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