NOT LISTED FOR SALE

38 Inlet Cove Alys Beach, FL 32461

Estimated Value: $757,000 - $795,000

3 Beds
2.5 Baths
1,831 Sq Ft
$421/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $815,000 $445 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,851/month

179 Days on Market

Highlights

  • Boat Dock
  • Fishing
  • Florida Architecture
  • Bay Elementary School Rated A-
  • Newly Painted Property
  • Wood Flooring

About This Home

As of January 2024

BEST PRICED Home in Inlet Heights!Sellers to credit Buyers $5k towards Closing Costs or Rate Buy Down with accepted offer. Welcome to your dream home at Inlet Heights! This stunning property offers a luxurious and comfortable living experience with its exceptional features and convenient location. For those seeking an investment opportunity, this property can be used as a short and long term rental, providing the potential for an attractive rental income. This spacious residence boasts 3 bed / 2.5 bath and provides ample space for you and your family. The master suite, located on the main floor, offers private porch access, allowing you to enjoy peaceful moments while taking in the picturesque surroundings. Step inside and be captivated by the inviting atmosphere of the home. The screened-in back porch is the perfect spot to relax and unwind, providing an ideal space for entertaining guests or enjoying a quiet evening outdoors.The kitchen features a gas stove and granite countertops that add a touch of elegance and functionality. The open layout seamlessly connects the kitchen to the living area, creating a seamless flow for everyday living and entertaining. Once upstairs, you will see the landing area that is perfect for a home office and work space, A full bathroom and two bedrooms with king beds. The beautifully landscaped backyard features synthetic grass, ensuring a low-maintenance oasis for you to enjoy year-round. Built in 2016, this home has been meticulously maintained and has not been rented since mid-2016. Inlet Heights residents and guests have access to the community pool at Grande Pointe, which overlooks the stunning Lake Powell. This home is perfectly situated at the end of a cul-de-sac home, offering privacy and creating a serene retreat. Additionally, the property comes fully furnished, allowing you to move in seamlessly and start enjoying the coastal lifestyle immediately. With its prime location, you'll have easy access to some of the most incredible public beach accesses along the renowned 30A. Immerse yourself in the beauty of the coastal scenery and indulge in the crystal-clear waters and white sand beaches. Don't miss the opportunity to make this exceptional property your own. Schedule a viewing today and experience the ultimate blend of comfort, convenience, and coastal living at Inlet Heights.

Last Agent to Sell the Property

Jason Rust

Compass License #3485571 Listed on: 01/02/2024

Compass

Co-Listed By

Tanika O'brien

Compass License #3264650

Last Buyer's Agent

Tiffany Haseker

Corcoran Reverie SRB License #3530819

Corcoran Reverie SRB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,488

Year Built

  • Built in 2016

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45x90
  • Cul-De-Sac
  • Street terminates at a dead end

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Newly Painted Property
  • Frame Construction
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 1,831 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Crown Molding
  • Living Room
  • Dining Area
  • Screened Porch

Kitchen

  • Walk-In Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Schools

  • Bay Elementary And Middle School
  • South Walton High School

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • Underground Utilities
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 36-3S-18-16190-000-0110

Community Details

Overview

  • Association fees include recreational faclty
  • Inlet Heights Subdivision
  • Handicap Modified Features In Community

Amenities

  • Recreation Room

Recreation

  • Boat Dock
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,488

Year Built

Built in 2016

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 45x90
  • Road Surface Type: Paved
  • Co List Office Mls Id: ECF1
  • Co List Office Phone: 305-851-2820
  • Subdivision Name: INLET HEIGHTS
  • Directions: Once you get to the 30A/98 intersection, stay on 98 E (Emerald Coast Parkway) for 1 mile and turn Left on Grande Pointe Blvd, continue and turn left on Inlet Heights Lane into the Inlet Heights community.
  • Architectural Style: Florida Cottage
  • 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: Dishwasher, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Gas, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Floor Hardwood, Floor Tile
  • Interior Amenities: Ceiling Crwn Molding, Kitchen Island, Newly Painted, Owner's Closet, Pantry, Split Bedroom, Washer/Dryer Hookup
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Appliances:StoveOven Gas: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Dead End
  • Pool Features: Pool Type
  • Construction Type: Frame, Siding CmntFbrHrdBrd
  • Exterior Features: Hurricane Shutters
  • Patio And Porch Features: Porch, Porch Screened
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Lot Features:Cul-De-Sac: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Frame: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Lot Features:Dead End: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Natural, Phone, Public Water, Underground

Condo/Co-op/Association

  • Community Features: Community Room, Dock, Fishing, Handicap Provisions, Pool
  • Association #2 Fee: 1200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Recreational Faclty

Schools

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

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 36-3S-18-16190-000-0110
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4488.48
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Jan 25, 2024
Sold by
Cahn David M and Cahn Patricia A
Bought by
Fahs Louis Bruce and Fahs Natalie Lynn
Seller's Agent
Jason Rust
Compass
Buyer's Agent
Tiffany Haseker
Corcoran Reverie SRB
List Price
$895,000
Sold Price
$815,000
Premium/Discount to List
-$80,000
-8.94%
Total Days on Market
179
Current Estimated Value
$771,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,830
Avg. Annual Appreciation
-4.01%
Original Mortgage
$652,000
Outstanding Balance
$644,153
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$127,017

Purchase Details

Listed on
Jul 21, 2015
Closed on
Jul 29, 2016
Sold by
Holiday Builders Inc
Bought by
Cahn David M and Cahn Patricia A
Seller's Agent
Jack Gove
HOLIDAY BUILDERS OF THE GULF COAST LLC.
Buyer's Agent
Carrie Shoaf
Scenic Sotheby's International Realty
List Price
$331,990
Sold Price
$329,597
Premium/Discount to List
-$2,393
-0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.83%
Original Mortgage
$179,597
Interest Rate
2.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2014
Sold by
Inlet Heights Holdings Llc
Bought by
Holiday Builders Inc

Purchase Details

Closed on
Aug 23, 2013
Sold by
Se Property Holdings Llc
Bought by
Inlet Heights Holdings Llc
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
Fahs Louis Bruce $815,000 Scenic Title Llc
Cahn David M $329,600 Hb Title Inc
Holiday Builders Inc $332,500 All Pro Title Inc
Inlet Heights Holdings Llc $750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fahs Louis Bruce $652,000
Previous Owner Cahn David M $179,597
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $815,000 -2.9% $445 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
12/12/2023 12/12/23 Price Changed $839,000 -2.3% $458 / Sq Ft
11/30/2023 11/30/23 Price Changed $859,000 -2.3% $469 / Sq Ft
10/20/2023 10/20/23 Price Changed $879,000 -1.2% $480 / Sq Ft
08/28/2023 08/28/23 Price Changed $890,000 -0.6% $486 / Sq Ft
06/24/2023 06/24/23 For Sale $895,000 +171.5% $489 / Sq Ft
07/29/2016 07/29/16 Sold $329,597 -0.7% $192 / Sq Ft
08/25/2015 08/25/15 Pending -- -- --
07/21/2015 07/21/15 For Sale $331,990 -- $193 / 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 $5,204 $825,004 $270,000 $555,004
2023 $5,204 $418,020 $0 $0
2022 $4,488 $600,475 $167,610 $432,865
2021 $3,344 $345,471 $85,292 $260,179
2020 $3,210 $328,268 $78,031 $250,237
2019 $2,840 $286,016 $83,478 $202,538
2018 $2,747 $275,484 $0 $0
2017 $2,551 $257,385 $78,000 $179,385
2016 $723 $75,000 $0 $0
2015 $640 $63,000 $0 $0
2014 $464 $45,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 926268

Emerald Coast Association of REALTORS®

APN: 36-3S-18-16190-000-0110