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405 Old Beach Road

405 Old Beach Road, Santa Rosa Beach, FL 32459
Property in Walton Beaches
Sold Feb 28, 2017
$3,000,000
$4,200,000 by Servisfirst Bank
Mortgage
Sold Oct 14, 2016
$2,600,000
$1,875,000 by Dupaco Community Cu
Mortgage Due Oct 13, 2046
Local assessors in Santa Rosa Beach, FL have categorized 405 Old Beach Road as a residential type of property. The home was built in 1995 and is 29 years old. It was most recently renovated and altered in 2018. The property's lot size has been calculated to be 12,720 square feet. The linear feet between the front and back of the lot was measured at 1,700 ft and the front of the lot was measured at 750 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 405 Old Beach Road has a total of 4,452 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a cathedral style roof that was made of materials that we aren't sure of. Lots of concrete were used in the construction of the exterior walls of the home. While the walls in the interior have been made of decorative/custom materials. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 405 Old Beach Road was last sold in Feb 23, 2017 for $3,000,000. According to our calculations, that's $639.39 per sqft. Prior to that sales transaction, the property was sold for $2,600,000 in Oct 13, 2016. Current property owners are expected to pay $34,920 in taxes per year. The property on 405 Old Beach Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $4,384,087. To break that down further, the land itself was valued at $2,492,680. While improvements to the property were assessed at a total of $1,891,407. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Quality: A
  • Exterior Walls Type: Concrete
  • Interior Walls Type: Decorative/custom materials
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Pole
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,720
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 750
  • Total Building Area: 4,692
  • Gross Building Area: 4,692
  • Building Area: 4,452
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,452
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLD FLORIDA BEACH
  • Land Acres: 0.292
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 13 OLD FLORIDA BEACH S/D PB 9-17 OR 1028-24 OR 2340-235 OR 3023-1233 OR 3034-1746

Ownership

  • Current Owner : MITCHELL HUGH B
  • Current Owner 2: MITCHELL VANESSA V
  • Previous Owner : HENSE KEVIN A
  • Owner Before Previous Owner: STEIN RICHARD M
  • Owner Before Previous Owner 2: LUCAS SUSAN

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950606

Geography

  • Assessors Map Reference: S3-11-20
  • Parcel: 11-3S-20-34020-000-0130
  • Block: 1
  • Lot: 13
  • Meridian: SEC 11 TWN 03S RNG 020
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3434
  • Longitude: -86.2192

    Address

  • Full Address: 405 Old Beach Rd
  • Address - House Number: 405
  • Address - Street Name: Old Beach
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Santa Rosa Beach
  • Carrier Code: H006
  • 4-Digit Zip Code: 4482
  • Zip Code: 32459

Valuation

    Tax

  • Total Area: 3,142
  • Tax Year: 2022
  • Tax Amount: $34,920
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2284
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 6,479,429
  • High Value: 7,959,745
  • Low Value: 4,999,113

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,200,000
  • First Open Lien Mortgage Lender: SERVISFIRST BANK
  • First Open Lien Mortgage Recording Date: Feb 28, 2017
  • First Open Lien Mortgage Loan Amount: $4,200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $4,384,087
  • Market Land Value: $2,492,680
  • Market Improvement Value: $1,891,407

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,384,087
  • Assessed Land Value: $2,492,680
  • Assessed Improvements Value: $1,891,407

    Sales

  • Current Sale Contract Date: Feb 23, 2017
  • Current Sale Recording Date: Feb 28, 2017
  • Current Sale Transaction ID: 1806620379
  • Current Sale Price: $3,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20170006085
  • Previous Sale Recording Date: Oct 14, 2016
  • Previous Sale Contract Date: Oct 13, 2016
  • Previous Sale Amount: $2,600,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SERVISFIRST BANK
  • First Mortgage Transaction Date: Feb 28, 2017
  • First Mortgage Loan Amount: $4,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: DUPACO COMMUNITY CU
  • Previous Mortgage Transaction Date: Oct 14, 2016
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,875,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Oct 13, 2046

About Walton



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Nearby Rentals

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$3,350 /mo

  • 3 Beds
  • 2 Baths
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270 Whispering Lake Drive, Santa Rosa Beach, FL, 32459 Listing by Renee T Friesen

Frequently Asked Questions

What neighborhood is 405 Old Beach Road located in?
The 405 Old Beach Road is a located in the neighborhood of Walton Beaches in Walton, Santa Rosa Beach.
What is the average sales price for listings in 405 Old Beach Road?
The average sales price for units in 405 Old Beach Road is $0 currently.

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