NOT LISTED FOR SALE

16 Lake Mist Ln Alys Beach, FL 32461

Estimated Value: $987,461 - $1,138,000

4 Beds
3.5 Baths
2,280 Sq Ft
$465/Sq Ft Est. Value

Last Sold July 06, 2020

Last sale price $535,000 $235 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $6,366/month

45 Days on Market

Highlights

  • Boat Dock
  • Beach House
  • Community Pool
  • Bay Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Walk-In Pantry

About This Home

As of July 2020

This 4 bedroom, 3.5 bathroom residence in The Preserve at Inlet Beach is a must see! An ideal floor plan creates a relaxed flow, while numerous windows and doors provide an abundance of natural light. A large great room opens to spacious dining area and a well-appointed kitchen, complete with quartz countertops, best-in-class appliances, and a sizable pantry. Two master suites, each with its own gorgeous master bathroom are located on both the first and second level. Also located on the second level are two guest suites, an additional bathroom, a large balcony, along with a spacious sitting room and laundry room. A second laundry hookup is located on the first floor. Additional home features include; spray foam insulation, Rinnai Tankless water heater, PEX Water System, and an electric car or golf car hookup located in the garage. The Preserve at Inlet Beach features a neighborhood pool, and is conveniently located just a short distance for Rosemary Beach and 30Avenue.

Last Agent to Sell the Property

Chris Sause

Berkshire Hathaway HomeServices PenFed Realty License #3233999 Listed on: 04/15/2020

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Kelly Hill

Scenic Sotheby's International Realty

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $638

Year Built

  • Built in 2020

Lot Details

  • Lot Dimensions are 50 x 95
  • Property fronts a private road

HOA Fees

  • $73 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Beach House
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Exterior Washer Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Gas Oven or Range
  • Range Hood
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Multiple cooling system units
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 25-3S-18-16130-000-0130

Community Details

Overview

  • Association fees include legal, management, recreational faclty
  • The Preserve At Inlet Beach Subdivision
  • The community has rules related to covenants

Recreation

  • Boat Dock
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$638

Year Built

Built in 2020

Lot Details

0

HOA Fees

$73 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 50 x 95
  • Road Frontage Type: Private Road
  • Subdivision Name: THE PRESERVE AT INLET BEACH
  • Directions: From Hwy 98 turn north onto Wall Street. Continue straight into The Preserve at Inlet Beach. Turn right onto Lake Mist Ln.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2020
  • Utilities Electric: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Range Hood, Refrigerator, Stove/Oven Gas
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Kitchen Island, Pantry, Washer/Dryer Hookup
  • Appliances:Range Hood: Yes
  • Appliances:StoveOven Gas: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions
  • Pool Features: Pool Type
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd, Slab
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage
  • Parking Features:Garage3: Yes

Utilities

  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Dock, Pool
  • Association #2 Fee: 220.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Legal, Management, Recreational Faclty

Schools

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

Lot Info

  • Parcel #: 25-3S-18-16130-000-0130
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 637.79
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2020
Closed on
Jul 1, 2020
Sold by
Grayton Equities Llc
Bought by
Burnett Joseph Lee and Burnett Carroll Goodman
Seller's Agent
Chris Sause
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Kelly Hill
Scenic Sotheby's International Realty
List Price
$535,000
Sold Price
$535,000
Total Days on Market
45
Current Estimated Value
$1,061,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,115
Avg. Annual Appreciation
14.90%
Original Mortgage
$428,000
Outstanding Balance
$313,927
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$745,758

Purchase Details

Closed on
Jan 10, 2019
Sold by
Inlet Preserve Property Llc
Bought by
Grayton Equities Llc and Seacoast Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
4.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 1, 2016
Bought by
Inlet Preserve Property Llc

Purchase Details

Closed on
Mar 31, 2016
Sold by
Emeral Coast Holdings Llc Series 2
Bought by
Inlet Preserve Property Llc

Purchase Details

Closed on
Apr 26, 2013
Sold by
Northpoint Investments Llc
Bought by
Emerald Coast Holdings Llc Series 2
Source: Public Records

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Range of Values:

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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
Burnett Joseph Lee $535,000 Attorney
Grayton Equities Llc $95,000 Ticon Title Co Llc
Inlet Preserve Property Llc $100 --
Inlet Preserve Property Llc -- Attorney
Inlet Preserve Property Llc $1,605,900 Attorney
Emerald Coast Holdings Llc Series 2 $153,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnett Joseph Lee $428,000
Previous Owner Grayton Equities Llc $357,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2020 07/06/20 Sold $535,000 0.0% $235 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $535,000 -- $235 / 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 $4,038 $497,152 -- --
2023 $4,038 $482,672 $0 $0
2022 $3,989 $468,614 $0 $0
2021 $4,040 $454,965 $80,628 $374,337
2020 $736 $73,765 $73,765 $0
2019 $638 $64,480 $64,480 $0
2018 $599 $62,000 $0 $0
2017 $524 $52,858 $52,858 $0
2016 $333 $40,660 $0 $0
2015 $315 $38,000 $0 $0
2014 $216 $21,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 844700

Emerald Coast Association of REALTORS®

APN: 25-3S-18-16130-000-0130