NOT LISTED FOR SALE

29 N Somerset St N Unit 203 Alys Beach, FL 32461

Alys Beach Neighborhood

Estimated Value: $1,987,960 - $3,116,000

2 Beds
2.5 Baths
1,342 Sq Ft
$1,040/mo HOA Fee

Last Sold July 09, 2018

Last sale price $1,450,000 $1,080 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $17,069/month

4 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Community Pool
  • Bay Elementary School Rated A-
  • Main Floor Primary Bedroom
  • 5-minute walk to Central Park at Alys Beach

About This Home

As of July 2018

Indulge in Gulf views from the balcony of this second floor Lucian residence. Located on the southeast corner, second floor of the first building in the growing Alys Beach Town Center, the 2 bedroom & a bunk, 2.5 bath open-floor plan condominium has exquisite interiors that reflect a coastal contemporary lifestyle. Thoughtfully selected furnishings and artwork by Tracery Interiors, enhance each room in this light-filled home. Luxury fixtures and finishes include Veneer plaster, Siena Silver Travertine, fire rock tile, Thermador and WaterMark. Owners enjoy parking in an underground parking garage.

Last Listed By

Ben Bricken

Alys Beach Properties Llc License #3304892 Listed on: 06/08/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,229

Year Built

  • Built in 2017

Lot Details

  • 436

HOA Fees

  • $1,040 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,342 Sq Ft Home
  • 4-Story Property
  • Dining Room

Kitchen

  • Gas Oven or Range
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Home Security

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

  • Bay 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-18-16405-000-0230

Community Details

Overview

  • 8 Buildings
  • 8 Units
  • Alys Beach Subdivision

Amenities

  • Community Pavilion

Recreation

  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Building Fire Alarm
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,229

Year Built

Built in 2017

Lot Details

0

HOA Fees

$1,040 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • 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: N/A
  • New Construction: No
  • Building Stories: 4
  • Year Built: 2017
  • Utilities Electric: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Number Of Buildings: 8
  • Appliances: Dishwasher, Disposal, Fire Alarm/Sprinkler, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Interior Amenities: Furnished - None, Kitchen Island
  • Stories: 4
  • Window Features: Storm Window(s)
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:StoveOven Gas: Yes

Exterior Features

  • Construction Type: Concrete, Block, Stucco
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:Garage Attached: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Exercise Room, Pavillion/Gazebo, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 3120.11
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 26-3S-18-16405-000-0230
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jul 9, 2018
Sold by
Pope Marion T and Pope Jonathan
Bought by
2093 Lucian Llc
Seller's Agent
Ben Bricken
Alys Beach Properties Llc
Buyer's Agent
Robbie Roberts
Alys Beach Properties Llc
List Price
$1,450,000
Sold Price
$1,450,000
Total Days on Market
4
Current Estimated Value
$2,621,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,171,990
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Jun 30, 2017
Sold by
Ebsco Gulf Coast Development Inc
Bought by
Pope Marion T and Pope Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$827,000
Interest Rate
3.67%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 24, 2014
Sold by
Ebsco Gulf Coast Development Inc
Bought by
Ab Lucian Development Llc

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
2093 Lucian Llc $1,450,000 Reli Title Llc
Pope Marion T $1,272,700 Attorney
Ab Lucian Development Llc -- Reli Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pope Marion T $827,000
Previous Owner Pope Marion T $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2018 07/09/18 Sold $1,450,000 0.0% $1,080 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $1,450,000 -- $1,080 / 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 $16,229 $1,511,260 -- $1,511,260
2023 $16,229 $1,348,582 $0 $0
2022 $15,234 $1,373,873 $0 $1,373,873
2021 $14,382 $1,114,531 $0 $1,114,531
2020 $13,540 $1,114,531 $0 $1,114,531
2019 $13,266 $1,092,683 $0 $1,092,683
2018 $13,104 $1,071,252 $0 $0
2017 $3,393 $97,882 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 800621

Emerald Coast Association of REALTORS®

APN: 26-3S-18-16405-000-0230