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Walton 32413
70 Medley Street
$680,000
● House - Off Market

70 Medley Street

Watersound, FL 32461
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$1,051,554
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

SINGLE STORY custom floor plan with upgrades galore. This expansive single level home with detached 2 car garage has never been lived in an and shows brand new. Custom features include 10' ceilings, crown molding throughout, V-Groove horizontal wood accent walls, solid core doors throughout, marble countertops in kitchen and quartz countertops in bathrooms, upgraded Medallion wood flooring throughout, upgraded stainless steel appliances and more. Custom Audio Video with surround speaker and TV are an additional upgrade and convey with the home.
Unit Size
-
Days on Market
31 days
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$76
HOA Dues
$525
Year Built
2017

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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 #802003)

Price History

Date / Event Date Event Price
Jul 28, 2022 Sold
Premium
Sold
Jul 24, 2020 Sold
Premium
Sold
Jun 21, 2020 No longer available -
No longer available
Jun 2, 2020 Price Decreased $799,000
↓ $26K (3.1%)
Price Decreased
May 13, 2020 Listed by Berkshire Hathaway HomeServices $824,500
Listed by Berkshire Hathaway HomeServices
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 524
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,496
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 700
  • Total Building Area: 3,531
  • Gross Building Area: 3,531
  • Building Area: 3,007
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,007
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERSOUND PH 1
  • Land Acres: 0000000218
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 109 WINTER GARDEN 4 AT WATERSOUND PH 1 PB 19-8 OR 2985-3431 OR 3002-731 OR 3033-3734 OR 3057-4537 OR 3067-3810 OR 3080-4392 OR 3099-561 OR 3151-4307 OR 3261-2756

Neighborhood

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

Geography

  • Assessors Map Reference: S3-25-18
  • Subdivision Phase Number: 1
  • Parcel: 25-3S-18-16230-000-1090
  • Block: 10
  • Lot: 109
  • Meridian: SEC 25 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.2911
  • Longitude: -86.0043

    Address

  • Full Address: 70 Medley St
  • Address - House Number: 70
  • Address - Street Name: Medley
  • Address - Suffix Type: St
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R019
  • 4-Digit Zip Code: 8588
  • Zip Code: 32461

Valuation

    Tax

  • Total Area: 3,140
  • Tax Year: 2022
  • Tax Amount: $542,262
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.228
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 1,538,854
  • High Value: 1,889,806
  • Low Value: 1,187,902

    Market Valuation

  • Market Total Value: $943,028
  • Market Land Value: $135,088
  • Market Improvement Value: $807,940

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $623,299

    Sales

  • Current Sale Contract Date: Jul 28, 2022
  • Current Sale Recording Date: Jul 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 34751
  • Previous Sale Recording Date: Jul 24, 2020
  • Previous Sale Contract Date: Jul 24, 2020
  • Previous Sale Amount: $785,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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:

$699,000

Sale Price/ft²

$395

Below Asking

0.02%

Average Days on Market

80

Average Home Size

2268 ft²

Average Home Age

17.7 years

Currently For Sale

3396 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: Delawalla Group, Berkshire Hathaway HomeServices
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 802003
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 70 Medley Street built and last sold?
The property at 70 Medley Street was built in 2017 and last sold on Jul 28, 2022 for $1,500,000.
How much is this home worth?
The estimated value of the home located at 70 Medley Street is $834,704.
What are some comparable homes to 70 Medley Street?
There are currently no comparable homes to 70 Medley Street.
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