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Walton 32413
48 Pleasant Street
Photo of 48 Pleasant Street
Sold on Mar 24, 2023

1

Map

$1,675,000
● House - Off Market

48 Pleasant Street

Inlet Beach, FL 32461
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,360 Ft²
$1,726,059
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

*Entered for comp purposes
Unit Size
2,360 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$710
Property Type
House
Property Taxes
$959
HOA Dues
$786
Year Built
2014

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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: 26 days ago ( #739366)

Price History

Date / Event Date Event Price
Mar 27, 2023 Sold
Premium
Sold
Feb 20, 2023 Listed by Counts Real Estate Group Inc $1,675,000
Listed by Counts Real Estate Group Inc
Jan 3, 2022 Sold
Premium
Sold
Nov 25, 2021 No longer available -
No longer available
Jul 8, 2021 Price Decreased $1,569,000
↓ $30K (1.9%)
Price Decreased
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • 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: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,888
  • Gross Building Area: 2,888
  • Building Area: 2,360
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,360
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PROMINENCE PHASE 1
  • Land Acres: 0000000100
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 42 PROMINENCE PHASE 1 PB 18-87 OR 3037-2935 OR 3155-428 OR 3233-384

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950611

Geography

  • Assessors Map Reference: S3-20-18
  • Subdivision Phase Number: 1
  • Parcel: 20-3S-18-16200-000-0420
  • Block: 4
  • Lot: 42
  • Meridian: SEC 20 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3004
  • Longitude: -86.0648

    Address

  • Full Address: 48 Pleasant St
  • Address - House Number: 48
  • Address - Street Name: Pleasant
  • Address - Suffix Type: St
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R035
  • 4-Digit Zip Code: 0747
  • Zip Code: 32461

Valuation

    Tax

  • Total Area: 2,758
  • Tax Year: 2022
  • Tax Amount: $1,150,511
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2678
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 1,942,342
  • High Value: 2,462,659
  • Low Value: 1,422,024

    Market Valuation

  • Market Total Value: $1,241,461
  • Market Land Value: $324,675
  • Market Improvement Value: $916,786

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,241,461
  • Assessed Land Value: $324,675
  • Assessed Improvements Value: $916,786

    Sales

  • Current Sale Contract Date: Mar 24, 2023
  • Current Sale Recording Date: Mar 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10259
  • Previous Sale Recording Date: Jan 03, 2022
  • Previous Sale Contract Date: Dec 29, 2021
  • Previous Sale Amount: $1,500,000
  • 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:

$720,000

Sale Price/ft²

$421

Below Asking

0.03%

Average Days on Market

98

Average Home Size

2298 ft²

Average Home Age

16.9 years

Currently For Sale

2279 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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Frequently Asked Questions

When was property at 48 Pleasant Street built and last sold?
The property at 48 Pleasant Street was built in 2014 and last sold on Mar 24, 2023 for $1,675,000.
How much is this home worth?
The estimated value of the home located at 48 Pleasant Street is $1,765,687.
What are some comparable homes to 48 Pleasant Street?
There are currently no comparable homes to 48 Pleasant Street.
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