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Walton 32459
297 Emerald Ridge
$630,000
● House - Off Market

297 Emerald Ridge

Santa Rosa Beach, FL 32459
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,393 Ft²
$1,264,511
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Tired of short-sales? Check out this property owned by Regions! Close to Santa Rosa Golf & Country Club, Butler Elementary and The Beach! Large kitchen, large Master Bedroom w/Sitting Area, Media Room, Office and large 2 car garage. Ask about possible Seller Financing.
Unit Size
3,393 Ft²
Days on Market
-
Land Size
-
Price per sqft
$192
Property Type
House
Property Taxes
-
HOA Dues
$330
Year Built
2006

Payment Calculator

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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 #600947)

Price History

Date / Event Date Event Price
Mar 30, 2020 Sold
Premium
Sold
Jan 14, 2020 No longer available -
No longer available
Nov 27, 2019 Relisted $1,120,000
Relisted
Oct 25, 2019 No longer available -
No longer available
Oct 13, 2019 Listed by Davis Properties Of Nw Fl $1,120,000
Listed by Davis Properties Of Nw Fl
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 494
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,996
  • Total Building Area: 3,887
  • Gross Building Area: 3,887
  • Building Area: 3,393
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,393
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SANTA ROSA BEACH
  • Land Acres: 0000000275
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 16 BLK E PH II OF GULF PLACE AT SANTA ROSA BEACH S/D PB 11-4 OR 1490-121 OR 2244-331 OR 2478-272 OR 2615-2903 OR 2920-1344 OR 2929-4514 OR 3138-1340

Neighborhood

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

Geography

  • Assessors Map Reference: S3-03-20
  • Subdivision Phase Number: 2
  • Parcel: 03-3S-20-34401-00E-0160
  • Block: E
  • Lot: 16
  • Meridian: SEC 03 TWN 03S RNG 020
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3516
  • Longitude: -86.2334

    Address

  • Full Address: 297 Emerald Rdg
  • Address - House Number: 297
  • Address - Street Name: Emerald
  • Address - Suffix Type: Rdg
  • State: FL
  • City Name: Santa Rosa Beach
  • Carrier Code: H028
  • 4-Digit Zip Code: 4355
  • Zip Code: 32459

Valuation

    Tax

  • Total Area: 3,769
  • Tax Year: 2022
  • Tax Amount: $1,078,594
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2682
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 1,978,467
  • High Value: 2,509,195
  • Low Value: 1,447,739

    Market Valuation

  • Market Total Value: $1,246,340
  • Market Land Value: $334,352
  • Market Improvement Value: $911,988

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,246,340
  • Assessed Land Value: $334,352
  • Assessed Improvements Value: $911,988

    Sales

  • Current Sale Contract Date: Mar 23, 2020
  • Current Sale Recording Date: Mar 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20200011384
  • Previous Sale Recording Date: Sep 03, 2013
  • Previous Sale Contract Date: Aug 23, 2013
  • Previous Sale Amount: $630,000
  • Previous Sale Document Type: 68
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

0.02%

Average Days on Market

97

Average Home Size

2260 ft²

Average Home Age

17.5 years

Currently For Sale

2365 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: Laurance B Davis, Davis Properties Of Nw Fl
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 600947
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 297 Emerald Ridge built and last sold?
The property at 297 Emerald Ridge was built in 2006 and last sold on Mar 23, 2020 for $1,040,000.
How much is this home worth?
The estimated value of the home located at 297 Emerald Ridge is $0.
What are some comparable homes to 297 Emerald Ridge?
There are currently no comparable homes to 297 Emerald Ridge.
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