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Walton 32413
65 W SALT BOX Lane
$1,910,000
● House - Off Market

65 W SALT BOX Lane

Watersound, FL 32461
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3,218 Ft²
$3,462,939
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

This custom designed residence in WaterSound Beach is almost complete and sure to impress. Upon entering this amazing home one immediately appreciates the extraordinary use of skillful millwork and craftsmanship evident in the custom trim, moldings, doors and 14 foot ceilings. There is a multitude of natural light coming through the plethora of windows. This private retreat is complete with private pool and covered summer kitchen which is outfitted with all the necessities for serious entertaining. All of these upgrades truly set the tone for a gracious, relaxed ambience which is found throughout this one of a kind, unique and inspired beach home.
Unit Size
3,218 Ft²
Days on Market
-
Land Size
-
Price per sqft
$606
Property Type
House
Property Taxes
-
HOA Dues
$1,110
Year Built
2015

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #732157)

Price History

Date / Event Date Event Price
Aug 24, 2020 Sold
Premium
Sold
Jul 17, 2015 Sold
Premium
Sold
May 30, 2015 Listed by Berkshire Hathaway HomeServices $1,950,000
Listed by Berkshire Hathaway HomeServices

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 3
  • Floor Count: 400
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 4
  • Garage Square Area: 264
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 35
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 5,500
  • Total Building Area: 3,506
  • Gross Building Area: 3,506
  • Building Area: 3,506
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,506
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERSOUND BEACH PH 2
  • Land Acres: 0000000126
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 60 WATERSOUND BEACH PH 2 PB 15-50A-D OR 2512-1951 OR 2535-36 OR 2932-4859 OR 2985-187 OR 3156-2612

Neighborhood

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

Geography

  • Assessors Map Reference: S3-20-18
  • Subdivision Phase Number: 2
  • Parcel: 20-3S-18-16011-000-0600
  • Block: 6
  • Lot: 60
  • Meridian: SEC 20 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3044
  • Longitude: -86.0727

    Address

  • Full Address: 65 Salt Box Ln
  • Address - House Number: 65
  • Address - Street Name: Salt Box
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R035
  • 4-Digit Zip Code: 8530
  • Zip Code: 32461

Valuation

    Tax

  • Total Area: 3,863
  • Tax Year: 2022
  • Tax Amount: $2,204,328
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.228
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 4,339,248
  • High Value: 5,328,860
  • Low Value: 3,349,635

    Market Valuation

  • Market Total Value: $2,668,613
  • Market Land Value: $1,041,171
  • Market Improvement Value: $1,627,442

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,668,613
  • Assessed Land Value: $1,041,171
  • Assessed Improvements Value: $1,627,442

    Sales

  • Current Sale Contract Date: Aug 18, 2020
  • Current Sale Recording Date: Aug 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20200032114
  • Previous Sale Recording Date: Jul 17, 2015
  • Previous Sale Contract Date: Jul 15, 2015
  • Previous Sale Amount: $1,910,000
  • 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:

$725,000

Sale Price/ft²

$424

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2274 ft²

Average Home Age

17.6 years

Currently For Sale

2325 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: Anne L Winicki, Berkshire Hathaway HomeServices
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 732157
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 65 Salt Box Lane West built and last sold?
The property at 65 Salt Box Lane West was built in 2015 and last sold on Aug 18, 2020 for $2,467,800.
How much is this home worth?
The estimated value of the home located at 65 Salt Box Lane West is $0.
What are some comparable homes to 65 Salt Box Lane West?
There are currently no comparable homes to 65 Salt Box Lane West.
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