NOT LISTED FOR SALE

203 W Kingston Rd Inlet Beach, FL 32413

Estimated Value: $4,843,000 - $5,758,000

5 Beds
5.5 Baths
5,026 Sq Ft
$1,040/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $4,199,000 $835 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $32,088/month

Highlights

  • Beach House
  • Home Office
  • Living Room
  • Bay Elementary School Rated A-
  • Covered Patio or Porch
  • Multiple cooling system units

About This Home

As of June 2021

This 2015 construction home has timeless qualities including venetian plaster in selected areas, masterful window treatments, stone flooring transitioning to the outdoor living space by the pool along with uniquely crafted cabinetry throughout the home. Boasting just over 5,000 square feet, the home has 5 bedrooms and 5.5 baths. The main bedroom of the home enjoys its own separate attached private den area for guest comfort. On a rental program but with very limited weeks per year, the home has very high weekly rates with fewer guests befitting a luxury accommodation. Used significantly by the current owner, showings may be scheduled for Saturday and Sunday March 27th and 28th, as agreed between March 29th and April 3rd with showings to be easy April 4-8th. A must see and agent accompany is required.

Last Agent to Sell the Property

Jabbour Luxury Group

Scenic Sotheby's International Realty License #BK3325676 Listed on: 04/22/2021

Scenic Sotheby's International Realty

Last Buyer's Agent

ecn.rets.e21608

ecn.rets.RETS_OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,514

Year Built

  • Built in 2015

Lot Details

  • 5,271

HOA Fees

  • $465 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Beach House

Interior Spaces

  • 5,026 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Area
  • Home Office

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

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

Utilities

  • Multiple cooling system units
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Lot Dimensions are 48x100

Community Details

  • Rosemary Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 35-3S-18-16065-046-0020

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,514

Year Built

Built in 2015

Lot Details

0

HOA Fees

$465 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 48X100
  • Subdivision Name: ROSEMARY BEACH
  • Directions: Turning East Water at the Tennis Courts follow E Water to the Fitness Center. Turn left then right on Kingston. Home is the first home behind the fitness center.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2015
  • ResoBuildingAreaSource: Appraiser
  • Rooms:Living Room: Yes
  • Utilities:Community Water: Yes
  • Rooms:Covered Porch: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Rooms:Office2: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Pool Features: Pool Type
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes

Utilities

  • Utilities: Community Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Association #2 Fee: 1395.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 35-3S-18-16065-046-0020
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 23514.08
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jun 14, 2021
Sold by
Horne Paul N and Horne Julia S
Bought by
Casa Azul Llc
Seller's Agent
Jabbour Luxury Group
Scenic Sotheby's International Realty
Buyer's Agent
ecn.rets.e21608
ecn.rets.RETS_OFFICE
List Price
$4,199,000
Sold Price
$4,199,000
Current Estimated Value
$5,225,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,026,312
Avg. Annual Appreciation
6.06%
Original Mortgage
$2,939,300
Outstanding Balance
$2,672,734
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,703,115

Purchase Details

Closed on
Feb 21, 2014
Sold by
Rb Cottages Llc
Bought by
Horne Paul N

Purchase Details

Closed on
Jan 19, 2012
Sold by
Malugen Joe T
Bought by
Rb Cottages Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,715
Interest Rate
4.08%
Mortgage Type
Unknown
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
Casa Azul Llc $4,199,000 Shoreline Title Llc
Horne Paul N $583,400 Rodgers Kiefer Title
Rb Cottages Llc $675,000 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casa Azul Llc $2,939,300
Previous Owner Rb Cottages Llc $728,715
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $4,199,000 0.0% $835 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $4,199,000 -- $835 / 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 $37,824 $4,323,489 $775,000 $3,548,489
2023 $37,824 $4,140,522 $0 $0
2022 $34,884 $3,764,111 $739,148 $3,024,963
2021 $24,168 $2,496,780 $604,209 $1,892,571
2020 $23,514 $2,355,554 $552,775 $1,802,779
2019 $22,261 $2,241,539 $536,675 $1,704,864
2018 $21,584 $2,164,649 $0 $0
2017 $21,048 $2,123,685 $0 $0
2016 $19,566 $1,955,268 $0 $0
2015 $4,625 $455,000 $0 $0
2014 $1,950 $235,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 869955

Emerald Coast Association of REALTORS®

APN: 35-3S-18-16065-046-0020