NOT LISTED FOR SALE

18 W Majestic Palm Dr Unit Lot 16 Inlet Beach, FL 32461

Estimated Value: $1,517,000 - $1,820,000

4 Beds
4.5 Baths
3,045 Sq Ft
$551/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $1,700,000 $558 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $9,417/month

Highlights

  • Coastal Architecture
  • Newly Painted Property
  • Community Pool
  • Dune Lakes Elementary School Rated A-
  • High Ceiling
  • Covered Patio or Porch

About This Home

As of March 2023

ENTERED FOR COMP PURPOSES ONLY

Last Agent to Sell the Property

Abbott Martin Group

EXP Realty LLC Listed on: 04/11/2022

EXP Realty LLC

Last Buyer's Agent

Abbott Martin Group

EXP Realty LLC Listed on: 04/11/2022

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,032

Year Built

  • Built in 2023

Lot Details

  • 4,182 Sq Ft Lot
  • Lot Dimensions are 42 x 100
  • Property fronts a highway
  • Interior Lot

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Coastal Architecture
  • Newly Painted Property
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 3,045 Sq Ft Home
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Family Room
  • Dining Room

Kitchen

  • Double Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include management
  • Twin Oaks 1St Add Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,032

Year Built

Built in 2023

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Detached
  • Lot Size Acres: 0.1
  • Lot Size: 42 X 100
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Paved
  • Subdivision Name: Twin Oaks 1st Add
  • Architectural Style: Coastal
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: NewHome

Interior Features

  • Appliances: Double Oven, Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Microwave
  • Interior Amenities: Bookcases, Fireplace, High Ceilings, New Paint, Other, Recessed Lighting
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 3045.0
  • Dining Room Type: Bedroom, Dining Room, Family Room, Kitchen, Primary Bathroom, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community
  • Waterfront: No
  • Construction Type: Block, HardiPlank Type
  • Exterior Features: Balcony, Patio
  • Patio And Porch Features: Balcony, Covered, Patio
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 350.0
  • Community Features: Pool, Short Term Rental Allowed
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Features: Interior Lot
  • Lot Size Sq Ft: 4182.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: Dune Lakes
  • High School: South Walton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
Apr 24, 2023
Sold by
Cadence Bank Na
Bought by
Brock Built Homes Of Florida Llc
Seller's Agent
Abbott Martin Group
EXP Realty LLC
Buyer's Agent
Abbott Martin Group
EXP Realty LLC
List Price
$1,700,000
Sold Price
$1,700,000
Current Estimated Value
$1,678,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,574
Avg. Annual Appreciation
-0.50%
Original Mortgage
$1,190,000
Outstanding Balance
$1,155,196
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$523,230

Purchase Details

Listed on
Apr 11, 2022
Closed on
Apr 23, 2023
Sold by
Cadence Bank Na
Bought by
Twin Palms Florida Llc
Seller's Agent
Abbott Martin Group
EXP Realty LLC
Buyer's Agent
Abbott Martin Group
EXP Realty LLC
List Price
$1,700,000
Sold Price
$1,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Outstanding Balance
$1,155,196
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$523,230

Purchase Details

Listed on
Apr 11, 2022
Closed on
Mar 30, 2023
Sold by
Brock Built Homes Of Florida Llc
Bought by
Tedla Senait and Debessay Habtegiorgis
Seller's Agent
Abbott Martin Group
EXP Realty LLC
Buyer's Agent
Abbott Martin Group
EXP Realty LLC
List Price
$1,700,000
Sold Price
$1,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Outstanding Balance
$1,155,196
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$523,230

Purchase Details

Closed on
Aug 4, 2022
Sold by
Twin Palms Florida Llc
Bought by
Brock Built Homes Of Florida Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,758,040
Interest Rate
5.3%
Mortgage Type
Construction
Source: Public Records

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
Brock Built Homes Of Florida Llc -- None Listed On Document
Twin Palms Florida Llc -- None Listed On Document
Tedla Senait $1,700,000 --
Brock Built Homes Of Florida Llc $831,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tedla Senait $1,190,000
Previous Owner Brock Built Homes Of Florida Llc $2,758,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2023 03/30/23 Sold $1,700,000 0.0% $558 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $1,700,000 -- $558 / Sq Ft
Source: Central Panhandle 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 $2,032 $1,321,996 $223,675 $1,098,321
2023 $2,032 $223,675 $223,675 $0
2022 $429 $46,301 $46,301 $0
Source: Public Records

Agents Affiliated with this Home

  • Abbott Martin Group

    Seller's Agent in 2023

    Abbott Martin Group

    EXP Realty LLC

    (850) 460-2900

    83 in this area

    944 Total Sales

    Abbott Martin Group
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 750416

Central Panhandle Association of REALTORS®

APN: 36-3S-18-16262-000-0160

Florida Walton County Inlet Beach 32413

18 W Majestic Palm Dr Unit Lot 16, Inlet Beach, FL

This home is located at 18 W Majestic Palm Dr Unit Lot 16, Inlet Beach, FL 32461 since 11 April 2022 and is currently estimated at $1,678,426, approximately $551 per square foot. This property was built in 2023. 18 W Majestic Palm Dr Unit Lot 16 is a home located in Walton County with nearby schools including Dune Lakes Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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