NOT LISTED FOR SALE

115 W Park Place Ave Alys Beach, FL 32461

Estimated Value: $3,925,000 - $4,555,632

0.27 Acre
$15,760,770 Price per Acre
11,761 Sq Ft Lot

Last Sold May 10, 2019

Last sale price $1,425,000 $707 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $24,886/month

11 Days on Market

About This Lot

As of May 2019

Property currently under contract. Seller will accept back-up offers prior to closing.
Look at these Absolutely Amazing Forever Gulf Front Views at a Non-Gulf Front Price!! Privately nestled and tucked away from busy parking traffic, you overlook the magnificent Gulf of Mexico and sublime Beach Park.
Never worry about Customary Use laws affecting your beach enjoyment. No HOA dues.

Listed as a home in MLS Listing 807515.
Be a hero! Build a legacy

Last Agent to Sell the Property

Walter Moss

EXP Realty LLC License #3338285 Listed on: 04/11/2019

Last Buyer's Agent

Walter Moss

EXP Realty LLC License #3338285 Listed on: 04/11/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,402

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 95x122x95x122

Schools

  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 36-3S-18-16100-000-2243

Property Details

Property Type

Land

Est. Annual Taxes

$20,402

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.27
  • Lot Size: 95x122x95x122
  • Road Surface Type: Paved Road
  • Directions: In Inlet Beach, turn off Hwy. 98 on South Walton Lakeshore Drive. Go one block and turn right on West Park Place. Property is on corner of West Park Place Avenue and Emerald Cove Lane
  • Utilities Electric: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Septic Tank: Yes
  • Utilities:Community Water: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None

Utilities

  • Utilities: Community Water, Electric, Gas - Natural, Septic Tank, Sewer Available

Schools

  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 11761.2
  • Parcel #: 36-3S-18-16100-000-2243
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
May 10, 2019
Sold by
Letcher Charles E and Letcher Betty
Bought by
Henderson Nicholas W
Seller's Agent
Walter Moss
EXP Realty LLC
Buyer's Agent
Walter Moss
EXP Realty LLC
List Price
$1,425,000
Sold Price
$1,425,000
Current Estimated Value
$4,255,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,830,408
Avg. Annual Appreciation
18.32%
Original Mortgage
$356,292
Interest Rate
4.1%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Henderson Nicholas W $1,425,000 Coastal Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henderson Nicholas W $1,000,000
Open Henderson Nicholas W $1,758,000
Closed Henderson Nicholas W $356,292
Previous Owner Letcher Charles E $250,000
Previous Owner Letcher Charles E $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Off Market $1,425,000 -- --
05/27/2021 05/27/21 Off Market $1,425,000 -- --
05/10/2019 05/10/19 Sold $1,425,000 0.0% $707 / Sq Ft
05/10/2019 05/10/19 Sold $1,425,000 0.0% $707 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
04/22/2019 04/22/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $1,425,000 0.0% $707 / Sq Ft
01/29/2019 01/29/19 For Sale $1,425,000 -- $707 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $20,402 $2,477,764 $1,111,623 $1,366,141
2023 $20,402 $1,985,894 $0 $0
2022 $17,348 $1,945,974 $745,722 $1,200,252
2021 $5,325 $550,112 $550,112 $0
2020 $5,024 $503,283 $503,283 $0
2019 $1,144 $152,539 $0 $0
2018 $1,121 $149,695 $0 $0
2017 $1,085 $146,616 $0 $0
2016 $1,066 $143,600 $0 $0
2015 $1,075 $142,602 $0 $0
2014 $1,080 $141,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 820284

Emerald Coast Association of REALTORS®

APN: 36-3S-18-16100-000-2243