NOT LISTED FOR SALE

48 Lake Mist Ln Inlet Beach, FL 32461

Estimated Value: $1,315,516 - $1,674,000

4 Beds
5 Baths
3,015 Sq Ft
$478/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $1,335,000 $443 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,539/month

47 Days on Market

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 2024

Love 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.

Last Agent to Sell the Property

Abbott Martin Group

EXP Realty LLC Listed on: 06/12/2024

EXP Realty LLC

Last Buyer's Agent

Rhonda Acquistapace-Breland

Bastion Realty LLC License #3521867

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,951

Year Built

Built in 2020

Lot Details

0

HOA Fees

$133 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 50 X 94
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: THE PRESERVE AT INLET BEACH
  • Directions: From US HWY 98 E, turn left onto N. Wall Street, Turn right onto Lake Mist Ln., property will be on the right.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2020
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Bonus Room: Yes
  • Rooms:Dining Area: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Floor Tile, Floor Vinyl, Floor WW Carpet, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Appliances:Range Hood: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Kitchen Island: Yes

Exterior Features

  • Lot Features: Interior
  • Pool Features: Pool Type
  • Construction Type: Frame, Roof Metal, Siding CmntFbrHrdBrd, Slab
  • Exterior Features: Balcony, Fenced Back Yard, Fenced Privacy, Patio Covered, Patio Open, Porch, Shower
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee: 400.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 25-3S-18-16130-000-0170
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

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
$1,459,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,898
Avg. Annual Appreciation
4.43%
Original Mortgage
$872,000
Outstanding Balance
$845,116
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$553,822

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
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
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

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 $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

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 947870

Emerald Coast Association of REALTORS®

APN: 25-3S-18-16130-000-0170