NOT LISTED FOR SALE

132 N Somerset St Unit P2 Alys Beach, FL 32461

Alys Beach Neighborhood

Estimated Value: $3,459,768 - $3,919,000

3 Beds
3.5 Baths
2,004 Sq Ft
$1,866/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $3,650,000 $1,821 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $23,840/month

Highlights

  • Beach
  • Deeded access to the beach
  • Covered Deck
  • Bay Elementary School Rated A-
  • In Ground Pool
  • 2-minute walk to Central Park at Alys Beach

About This Home

As of April 2022

Rowhome across from Caliza Pool & Restaurant. Entered for comp purposes.

Last Listed By

Ben Bricken

Alys Beach Properties Llc License #3304892 Listed on: 05/03/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,628

Year Built

  • Built in 2016

Lot Details

  • 1,873

HOA Fees

  • $608 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Property Attached
  • Concrete Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,004 Sq Ft Home
  • 2-Story Property
  • Loggia
  • Furnished
  • Living Room
  • Dining Area

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Courtyard
  • Covered Deck
  • Open Patio

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-3S-18-16420-000-00P2

Community Details

Overview

  • Alys Beach Subdivision

Amenities

  • Sauna

Recreation

  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Whirlpool Spa

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,628

Year Built

Built in 2016

Lot Details

0

HOA Fees

$608 per month

Parking

1

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Subdivision Name: ALYS BEACH
  • Directions: Alys Beach is located on Scenic Hwy 30A one mile west of Rosemary Beach and one mile east of South Watersound Parkway.
  • Architectural Style: Other
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2016
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished - All
  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Gas, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Window Features: Storm Windows
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:StoveOven Gas: Yes

Exterior Features

  • Lot Features: Within 1/2 Mile to Water
  • Pool Features: Pool - In-Ground, Pool Type
  • Construction Type: Concrete, Block, Stucco
  • Exterior Features: Balcony, Deck Covered, Deck Open, Patio Open, Shower
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Roof Concrete: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Other
  • General Property Info:Garage2: Yes
  • Parking Features:Other3: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Natural, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Exercise Room, Playground, Pool, Sauna/Steam Room, Tennis, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 1822.5
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Dune Lakes
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 26-3S-18-16420-000-00P2
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Apr 29, 2022
Sold by
Bills Revocable Living Trust
Bought by
Ars Properties Fl Llc
Seller's Agent
Ben Bricken
Alys Beach Properties Llc
Buyer's Agent
Mary Kay Chilton
Scenic Sotheby's International Realty
List Price
$3,650,000
Sold Price
$3,650,000
Current Estimated Value
$3,739,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,192
Avg. Annual Appreciation
0.79%
Original Mortgage
$2,880,000
Outstanding Balance
$2,713,239
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,025,953

Purchase Details

Closed on
Apr 9, 2019
Sold by
Hudson Larson Douglas and Hudson Kelli Corbin
Bought by
Bills John M and Bills Susan M

Purchase Details

Closed on
Jun 30, 2017
Sold by
Benedetto Derek F and Benedetto Farrah S
Bought by
Hudson Larson Douglas and Hudson Kelli Corbin

Purchase Details

Closed on
Oct 14, 2016
Sold by
Ebsco Gulf Coast Development Inc
Bought by
Benedetto Derek F and Benedetto Farrah S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,076,734
Interest Rate
3.44%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Ars Properties Fl Llc $3,650,000 Reli Title
Bills John M $2,025,000 Attorney
Hudson Larson Douglas $1,800,000 Shoreline Title Llc
Benedetto Derek F $1,353,200 Reli Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ars Properties Fl Llc $2,880,000
Previous Owner Benedetto Derek F $1,076,734
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2022 05/03/22 For Sale $3,650,000 0.0% $1,821 / Sq Ft
04/29/2022 04/29/22 Sold $3,650,000 -- $1,821 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
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 $27,628 $2,610,329 $359,100 $2,251,229
2023 $27,628 $2,679,252 $359,100 $2,320,152
2022 $21,977 $2,316,700 $281,140 $2,035,560
2021 $19,084 $1,600,320 $253,449 $1,346,871
2020 $17,094 $1,470,585 $231,865 $1,238,720
2019 $16,583 $1,426,754 $225,117 $1,201,637
2018 $16,394 $1,401,220 $0 $0
2017 $14,373 $1,205,770 $235,966 $969,804
2016 $2,270 $226,894 $0 $0
2015 $2,156 $212,058 $0 $0
2014 $1,987 $192,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 897403

Emerald Coast Association of REALTORS®

APN: 26-3S-18-16420-000-00P2