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Walton 32413
36 Olivia Lane
$485,000
● House - Off Market

36 Olivia Lane

Inlet Beach, FL 32461
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,512 Ft²
$828,294
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Great two story home in Magnolia Cottages.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
-
Price per sqft
$321
Property Type
House
Property Taxes
$286
HOA Dues
$1,843
Year Built
2004

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 #751191)

Price History

Date / Event Date Event Price
Apr 6, 2021 Sold
Premium
Sold
Mar 4, 2021 No longer available -
No longer available
Feb 6, 2021 Listed by Mainsail Realty Company $900,000
Listed by Mainsail Realty Company
Jan 18, 2019 Sold
Premium
Sold
Dec 17, 2018 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • 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: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 242
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,865
  • Total Building Area: 1,712
  • Gross Building Area: 1,712
  • Building Area: 1,712
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,712
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAGNOLIA COTTAGES BY THE SEA
  • Land Acres: 0000000112
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 4 BLK A MAGNOLIA COTTAGES BY THE SEA PB 15-49 REPLAT IN PB 15-71 OR 2646-4793 OR 2647-280 OR 2829-1279 OR 2830-4667 OR 3009-404 OR 3095-1375 OR 3191-2912

Neighborhood

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

Geography

  • Assessors Map Reference: S3-28-18
  • Parcel: 28-3S-18-16190-00A-0040
  • Block: A
  • Lot: 4
  • Meridian: SEC 28 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.291
  • Longitude: -86.0483

    Address

  • Full Address: 36 Olivia Ln
  • Address - House Number: 36
  • Address - Street Name: Olivia
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R006
  • 4-Digit Zip Code: 0724
  • Zip Code: 32461

Valuation

    Tax

  • Total Area: 1,633
  • Tax Year: 2022
  • Tax Amount: $756,286
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2689
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 1,346,895
  • High Value: 1,709,118
  • Low Value: 984,672

    Market Valuation

  • Market Total Value: $816,070
  • Market Land Value: $250,998
  • Market Improvement Value: $565,072

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $816,070
  • Assessed Land Value: $250,998
  • Assessed Improvements Value: $565,072

    Sales

  • Current Sale Contract Date: Mar 30, 2021
  • Current Sale Recording Date: Apr 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210016630
  • Previous Sale Recording Date: Jan 18, 2019
  • Previous Sale Contract Date: Jan 17, 2019
  • Previous Sale Amount: $547,500
  • 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:

$700,000

Sale Price/ft²

$401

Below Asking

0.02%

Average Days on Market

80

Average Home Size

2266 ft²

Average Home Age

17.7 years

Currently For Sale

3382 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: Clayton F Bonjean, Mainsail Realty Company
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 751191
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 36 Olivia Lane built and last sold?
The property at 36 Olivia Lane was built in 2004 and last sold on Mar 30, 2021 for $870,000.
How much is this home worth?
The estimated value of the home located at 36 Olivia Lane is $0.
What are some comparable homes to 36 Olivia Lane?
There are currently no comparable homes to 36 Olivia Lane.
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