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626 North Walton Lake Shore Drive

626 North Walton Lake Shore Drive, Rosemary Beach, FL 32461
Property in Walton Beaches
Sold Dec 15, 2021
$3,350,000
$1,000,000 by Pnc Bank Na
Mortgage Due Jan 01, 2052
Sold Feb 16, 2021
$2,600,000
$2,210,000 by American Bank & Trust Company
Mortgage
Local assessors in Rosemary Beach, FL have categorized 626 North Walton Lake Shore Drive as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 10,498 square feet. The linear feet between the front and back of the lot was measured at 1,400 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, 5 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 4 full bathrooms. There are also 5 partial bathrooms. This is a 3 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 626 North Walton Lake Shore Drive has a total of 5,006 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 520 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 - C+. The building has a cathedral style roof that was made of materials that we aren't sure of. Lots of wood 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 626 North Walton Lake Shore Drive sold most recently in Dec 15, 2021 for a total of $3,350,000. If you work out the math, that's approximately a cost of $606.23 per sqft. Before that, the property was also sold for $2,600,000 in Feb 10, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $19,398 in taxes each year. The initial year of tax delinquency occurred in 2020. 626 North Walton Lake Shore Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $2,131,322. If we break it down further, the land itself was valued at $304,123. Improvements to the property, however, were assessed at a total of $1,827,199. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 14
  • Building Quality: C+
  • Exterior Walls Type: Wood
  • Interior Walls Type: Decorative/custom materials
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Other
  • Floor Count: 3
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Type: Pole
  • Garage Type: Attached
  • Garage Square Area: 520
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,498
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 750
  • Total Building Area: 5,526
  • Gross Building Area: 5,526
  • Building Area: 5,006
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,006
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE SHORE ESTATES
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 BLK A LAKE SHORE ESTATES PB 3-60 OR 30-449 OR 1066-319 OR 1953-327 OR 2147-417 OR 3005-2649 OR 3183-439 OR 3229-3460

Ownership

  • Current Owner : MCDANIEL TERRY EDMOND
  • Current Owner 2: MCDANIEL LISA ANNE
  • Previous Owner : DOUBLE D LAKESHORE 30A LLC
  • Owner Before Previous Owner: WATKINS JACOB
  • Owner Before Previous Owner 2: WATKINS EMILY DEVAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: LKDUNE

Geography

  • Assessors Map Reference: S3-25-18
  • Parcel: 25-3S-18-16040-00A-0070
  • Block: A
  • Lot: 7
  • Meridian: SEC 25 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.283
  • Longitude: -86.0003

    Address

  • Full Address: 626 N Walton Lakeshore Dr
  • Address - House Number: 626
  • Street Direction: N
  • Address - Street Name: Walton Lakeshore
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R032
  • 4-Digit Zip Code: 7341
  • Zip Code: 32461

Valuation

    Tax

  • Total Area: 4,358
  • Tax Year: 2022
  • Tax Amount: $19,398
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2678
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 4,075,316
  • High Value: 5,167,018
  • Low Value: 2,983,614

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Dec 15, 2021
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $2,131,322
  • Market Land Value: $304,123
  • Market Improvement Value: $1,827,199

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,131,322
  • Assessed Land Value: $304,123
  • Assessed Improvements Value: $1,827,199

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Transaction ID: 11875027750
  • Current Sale Price: $3,350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210061811
  • Previous Sale Recording Date: Feb 16, 2021
  • Previous Sale Contract Date: Feb 10, 2021
  • Previous Sale Amount: $2,600,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Dec 15, 2021
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN BANK & TRUST COMPANY
  • Previous Mortgage Transaction Date: Feb 16, 2021
  • Previous Mortgage Loan Amount: $2,210,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Walton



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 626 North Walton Lake Shore Drive located in?
The 626 North Walton Lake Shore Drive is a located in the neighborhood of Walton Beaches in Walton, Rosemary Beach.
What is the average sales price for listings in 626 North Walton Lake Shore Drive?
The average sales price for units in 626 North Walton Lake Shore Drive is $0 currently.

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