48 Lake Mist Ln Inlet Beach, FL 32461
Estimated Value: $1,304,752 - $1,499,000
4
Beds
5
Baths
3,015
Sq Ft
$464/Sq Ft
Est. Value
Highlights
- Vaulted Ceiling
- Beach House
- Covered patio or porch
- Bay Elementary School Rated A-
- Bonus Room
- Walk-In Pantry
About This Home
As of July 2024Love the shops, dining, and activities of the 30A lifestyle, but don't like the traffic of high season?
This home CHECKS IT ALL! Low HOA, perfect balance of full-time and second home owners as well as short term rentals; generous lot sizes, community dock for paddle boarding, kayaking, or fishing, and community pool! Perfectly poised seconds from Rosemary Beach yet removed from the congestion during the high season, 48 Lake Mist Lane offers the opportunity to live the Rosemary Beach lifestyle at a fraction of the price! Steps from the new Pedestrian Underpass and the areas' best restaurants and shopping, Inlet Beach is uniquely poised only steps to the gulf as well as the worlds' largest coastal dune lake, Lake Powell.
This beautifully maintained and upgraded home offers a spacious open kitchen, living room, and dining area, as well as a Master Bedroom and ensuite all on the first floor. 5 outdoor entertainment spaces and a 3 indoor entertainment spaces create the ideal environment for family and friends to make lasting memories.
Increase your rental income potential and comfortability with the extensive upgrades such as a large customized pergola with fire pit and outdoor entertainment space as well as the whole house water and air filtration system. CHECK OUT THE EXTENSIVE UPGRADES & CUSTOMIZATIONS LIST. The home has never been rented (BUT CAN BE) and UPGRADES made are ideal and thoughtfully chosen.
Lovingly nicknamed, "Freedom Lane", Lake Mist Lane is a close-knit street where neighbors have block parties and look out for one another. With no thorough traffic, this is the perfect neighborhood and street to raise children, walk your furry friends, or host friends, family, and guests.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,951
Year Built
- Built in 2020
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50 x 94
- Back Yard Fenced
- Interior Lot
HOA Fees
- $133 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Home Design
- Beach House
- Frame Construction
- Metal Roof
- Cement Board or Planked
Interior Spaces
- 3,015 Sq Ft Home
- 3-Story Property
- Crown Molding
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- Living Room
- Dining Area
- Bonus Room
- Fire and Smoke Detector
- Exterior Washer Dryer Hookup
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Gas Oven or Range
- Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wall to Wall Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- Shower Only
Outdoor Features
- Outdoor Shower
- 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
- The Preserve At Inlet Beach Subdivision
Listing and Financial Details
- Assessor Parcel Number 25-3S-18-16130-000-0170
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2024
Closed on
Jul 12, 2024
Sold by
Browning Steven Jay and Browning Jennifer Owenby
Bought by
Shetty Jagadeesha and Shetty Rashmi J
Seller's Agent
Abbott Martin Group
EXP Realty LLC
Buyer's Agent
Rhonda Acquistapace-Breland
Bastion Realty LLC
List Price
$1,399,000
Sold Price
$1,335,000
Premium/Discount to List
-$64,000
-4.57%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,938
Avg. Annual Appreciation
3.49%
Original Mortgage
$872,000
Outstanding Balance
$845,116
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$533,104
Purchase Details
Closed on
Aug 28, 2020
Sold by
Intel Preserve Property Llc
Bought by
Browning Steven Jay and Browning Jennifer Owensby
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,680
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2016
Bought by
Inlet Preserve Property Llc
Purchase Details
Closed on
Mar 1, 2016
Bought by
Inlet Preserve Property Llc
Purchase Details
Closed on
Apr 26, 2013
Sold by
Northpoint Investments Llc Series 8
Bought by
Emerald Coast Holdings Llc Series 1 and Emerald Coast Holdings Llc
Similar Homes in Inlet Beach, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shetty Jagadeesha | $1,335,000 | Mcneese Title | |
| Browning Steven Jay | $643,700 | Attorney | |
| Inlet Preserve Property Llc | $100 | -- | |
| Inlet Preserve Property Llc | $602,300 | -- | |
| Emerald Coast Holdings Llc Series 1 | $510,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shetty Jagadeesha | $872,000 | |
| Previous Owner | Browning Steven Jay | $0 | |
| Previous Owner | Browning Steven Jay | $453,680 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2024 07/15/24 | Sold | $1,335,000 | -1.1% | $443 / Sq Ft |
| 06/12/2024 06/12/24 | Price Changed | $1,349,999 | +5.1% | $448 / Sq Ft |
| 06/06/2024 06/06/24 | Pending | -- | -- | -- |
| 05/22/2024 05/22/24 | Price Changed | $1,285,000 | -4.8% | $426 / Sq Ft |
| 05/10/2024 05/10/24 | Price Changed | $1,349,999 | -3.5% | $448 / Sq Ft |
| 04/20/2024 04/20/24 | For Sale | $1,399,000 | -- | $464 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $4,951 | $600,685 | -- | -- |
| 2023 | $4,951 | $583,189 | $0 | $0 |
| 2022 | $4,893 | $566,203 | $0 | $0 |
| 2021 | $4,957 | $549,712 | $80,628 | $469,084 |
| 2020 | $720 | $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
-
Abbott Martin Group
Seller's Agent in 2024
Abbott Martin Group
EXP Realty LLC
(850) 460-2900
78 in this area
885 Total Sales
-
Rhonda Acquistapace-Breland
R
Buyer's Agent in 2024
Rhonda Acquistapace-Breland
Bastion Realty LLC
(850) 708-4229
1 in this area
7 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 947870
APN: 25-3S-18-16130-000-0170
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