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Walton 32413
29 Tranquil Way
$709,000
● House - Off Market

29 Tranquil Way

Seacrest, FL 32461
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,826 Ft²
$1,087,655
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Exceptional quality, style, & well maintained describes this Florida cottage style home in a tropical oasis setting. The open floor plan allows for large group entertaining. The windows are large throughout the whole house bringing in the tropical views of the side and back courtyards. The 1st floor has 10' ceilings and the 2nd floor has 9' ceilings. There is a nice bay window in the dining area which is next to the breakfast bar. The kitchen has granite counter tops and tile back splashes. There is a door to the large screened in porch for convenient entertaining. There is a walk-in pantry with lots of shelves and storage space.
Unit Size
1,826 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$394
Property Type
House
Property Taxes
$383
HOA Dues
$750
Year Built
2001

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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 #801252)

Price History

Date / Event Date Event Price
Aug 3, 2018 Sold
Premium
Sold
Jun 18, 2018 Listed by The Premier Property Group Seacrest Office $719,000
Listed by The Premier Property Group Seacrest Office
Nov 25, 2014 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • 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: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 2,083
  • Gross Building Area: 2,083
  • Building Area: 2,083
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,083
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRANQUIL SHORES
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 2 TRANQUIL SHORES S/D PB 13-26 OR 1792-282 OR 2003-174 OR 2793-3363 OR 2965-1131 OR 2971-1008 OR 3081-2154

Neighborhood

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

Geography

  • Assessors Map Reference: S3-27-18
  • Parcel: 27-3S-18-16500-000-0020
  • Lot: 2
  • Meridian: SEC 27 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.2895
  • Longitude: -86.0456

    Address

  • Full Address: 29 Tranquil Way
  • Address - House Number: 29
  • Address - Street Name: Tranquil
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R006
  • 4-Digit Zip Code: 0744
  • Zip Code: 32461

Valuation

    Tax

  • Total Area: 2,054
  • Tax Year: 2022
  • Tax Amount: $710,660
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.228
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 1,425,128
  • High Value: 1,750,144
  • Low Value: 1,100,112

    Market Valuation

  • Market Total Value: $880,389
  • Market Land Value: $358,137
  • Market Improvement Value: $522,252

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $880,389
  • Assessed Land Value: $358,137
  • Assessed Improvements Value: $522,252

    Sales

  • Current Sale Contract Date: Aug 03, 2018
  • Current Sale Recording Date: Aug 03, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018000026195
  • Previous Sale Recording Date: Nov 25, 2014
  • Previous Sale Contract Date: Nov 21, 2014
  • Previous Sale Amount: $500,000
  • 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:

$725,000

Sale Price/ft²

$425

Below Asking

0.03%

Average Days on Market

98

Average Home Size

2287 ft²

Average Home Age

17.1 years

Currently For Sale

2295 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: Joey Boudreaux, The Premier Property Group Seacrest Office
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 801252
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 29 Tranquil Way built and last sold?
The property at 29 Tranquil Way was built in 2001 and last sold on Aug 3, 2018 for $709,000.
How much is this home worth?
The estimated value of the home located at 29 Tranquil Way is $729,608.
What are some comparable homes to 29 Tranquil Way?
There are currently no comparable homes to 29 Tranquil Way.
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