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Walton 32413
31 Cannonball Lane #LOT170
$563,995
● House - Off Market

31 Cannonball Lane #LOT170

Inlet Beach, FL 32461
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$901,550
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Modified Coral Bean, 4 bed, 3.5 bath with a bonus room and study.
Unit Size
-
Days on Market
212 days
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
$475
Year Built
2017

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 #766327)

Price History

Date / Event Date Event Price
Aug 1, 2017 Sold
Premium
Sold
Nov 28, 2016 Listed by Berkshire Hathaway HomeServices $563,995
Listed by Berkshire Hathaway HomeServices
Sep 30, 2016 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 544
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,793
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,320
  • Gross Building Area: 3,320
  • Building Area: 2,776
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,776
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERSOUND PH 1
  • Land Acres: 0000000133
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 170 WINTER GARDEN 3 AT WATERSOUND PH 1 PB 19-7 OR 2985-3431 OR 3022-18 OR 3048-2294

Neighborhood

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

Geography

  • Assessors Map Reference: S3-25-18
  • Subdivision Phase Number: 1
  • Parcel: 25-3S-18-16220-000-1700
  • Block: 17
  • Lot: 170
  • Meridian: SEC 25 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.2933
  • Longitude: -86.0056

    Address

  • Full Address: 31 Cannonball Ln
  • Address - House Number: 31
  • Address - Street Name: Cannonball
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R019
  • 4-Digit Zip Code: 8580
  • Zip Code: 32461

Valuation

    Tax

  • Total Area: 2,720
  • Tax Year: 2022
  • Tax Amount: $451,196
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2578
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 1,523,741
  • High Value: 1,916,597
  • Low Value: 1,130,885

    Market Valuation

  • Market Total Value: $871,380
  • Market Land Value: $106,141
  • Market Improvement Value: $765,239

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $525,034

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 28, 2017
  • Current Sale Recording Date: Aug 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20170025266
  • Previous Sale Recording Date: Sep 30, 2016
  • Previous Sale Contract Date: Sep 28, 2016
  • Previous Sale Amount: $707,500
  • 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

$424

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2275 ft²

Average Home Age

17.6 years

Currently For Sale

2324 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: Hunter Harman, Berkshire Hathaway HomeServices
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 766327
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 31 Cannonball Lane built and last sold?
The property at 31 Cannonball Lane was built in 2017 and last sold on Jul 28, 2017 for $564,000.
How much is this home worth?
The estimated value of the home located at 31 Cannonball Lane is $569,635.
What are some comparable homes to 31 Cannonball Lane?
There are currently no comparable homes to 31 Cannonball Lane.
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