NOT LISTED FOR SALE

481 N Orange St Alys Beach, FL 32461

Estimated Value: $834,000 - $963,000

4 Beds
2 Baths
1,464 Sq Ft
$599/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $887,000 $606 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,058/month

10 Days on Market

Highlights

  • In Ground Pool
  • 0.41 Acre Lot
  • Florida Architecture
  • Dune Lakes Elementary School Rated A-
  • Recreation Room
  • Furnished

About This Home

As of September 2023

Welcome to your personal paradise nestled in the highly desirable area of Inlet Beach. This single-level, 4 BR, 2 BA home, remodeled and adorned with new furnishings and coastal decor, is more than a property—it's an opportunity. Blending an old Florida feel with modern accommodations, this fully furnished, turnkey, and rental-ready home invites you to start making memories without delay. Set on a large .40 acre lot, this high-performing vacation rental with over $100,000 in gross rents this year is your tranquil oasis. The palm tree-lined driveway welcomes you, offering ample parking space for vehicles, including room for a camper, boat, or jet skis, adding to the convenience of this property. Your private outdoor paradise awaits with a 16'X28' heated pool, recently renovated with new gunite, pump, filter, and heater, beckoning for fun-filled days under the sun. Nearby, a brand new hot tub invites for relaxation under the stars, while a fire pit sets the stage for cozy evenings under the open sky. The home's exterior, complete with a new roof featuring hurricane straps, updated decking, and fresh paint, stands as a testament to the care and attention invested into this property.

Inside, the kitchen, enhanced with a stylish backsplash and complemented by new countertops and modern appliances, is ready for your culinary adventures. The newly installed LVP flooring unifies the living spaces, creating a seamless flow throughout the home. The coastal decor and new furnishings add a touch of elegance and comfort, making the home even more inviting. A game room with a multicade offers an additional entertainment option, perfect for entertaining family and guests. Rest easy knowing the home features updated plumbing, an HVAC system replaced in 2019, and a water heater installed the same year, ensuring a worry-free living experience.

The property also includes paddleboards, kayaks, and bikes, perfect for those who love to explore the outdoors. Just a short 0.2-mile journey away, you'll find the Lake Powell Access on North Walton Lakeshore Drive. This convenient spot offers a dock and launch, making it an ideal starting point for your canoeing, kayaking, and paddleboarding adventures. Even better, the Inlet Beach regional beach access is just 0.5 miles away, placing the sandy shores and sparkling waters of the Gulf of Mexico practically at your doorstep.

Inlet Beach is a true beach lover's paradise, blending the charm of old Florida with modern amenities, new restaurants, and high-end shopping, bringing a new energy to this carefree beach neighborhood. The Rosemary Beach town center, just 1.4 miles away, offers a variety of experiences, while 30A Avenue, only a mile from your doorstep and accessible via backroads, is a hub for shopping and dining.

For food lovers, the area boasts popular local eateries like Shades Restaurant and The Donut Hole, adding to the vibrant local community. Experience the coastal lifestyle you've always wanted, without the hefty price tag, in this highly desirable community. Don't miss this opportunity to own your dream vacation home in Inlet Beach. Buyer to verify all matters of importance.

Last Agent to Sell the Property

Johnny Milan LLC

Scenic Real Estate License #3195522 Listed on: 08/03/2023

Co-Listed By

Janette Klein

Scenic Real Estate License #577416

Last Buyer's Agent

Leici Nunnelley

EXP Realty LLC License #3612478

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,139

Year Built

  • Built in 1995

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 75x236
  • Property fronts a county road
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot
  • Cleared Lot

Home Design

  • Florida Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,464 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Recreation Room
  • Vinyl Flooring

Kitchen

  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • 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
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Lake Shore Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-3S-18-16092-000-0020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,139

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Lot Size: 75x236
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: ESCN
  • Co List Office Phone: 850-830-8030
  • Subdivision Name: LAKE SHORE ESTATES
  • Directions: Turn on North Orange St in Inlet Beach. The property will on the left hand side just before the stop sign at N. Walton Lakeshore Dr. Look for sign.
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1995
  • Utilities Electric: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Utilities:Septic Tank: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Floor Vinyl, Furnished - All, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Lot Features: Cleared, Level, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Frame, Roof Metal
  • Exterior Features: Fenced Chain Link, Fenced Lot-Part, Patio Covered, Patio Open, Pool - In-Ground
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Fenced Lot-Part: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Cleared: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Fenced Chain Link: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Water, Septic Tank, Sewer Available, TV Cable
  • Utility: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 17859.6
  • Parcel #: 25-3S-18-16092-000-0020
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2138.93
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Sep 14, 2023
Sold by
Russell Travis Burton
Bought by
Mcgill Eric D and Mcgill Kirsten L
Seller's Agent
Johnny Milan LLC
Scenic Real Estate
Buyer's Agent
Leici Nunnelley
EXP Realty LLC
List Price
$899,000
Sold Price
$887,000
Premium/Discount to List
-$12,000
-1.33%
Views
17
Current Estimated Value
$876,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,667
Avg. Annual Appreciation
-0.61%
Original Mortgage
$709,600
Outstanding Balance
$463,362
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$412,971

Purchase Details

Listed on
Sep 11, 2022
Closed on
Nov 3, 2022
Sold by
J D Morris Construction Company Inc
Bought by
Russell Travis Burton
Seller's Agent
Kim Ryals
Berkshire Hathaway HomeServices
Buyer's Agent
Kim Ryals
Berkshire Hathaway HomeServices
List Price
$750,000
Sold Price
$625,000
Premium/Discount to List
-$125,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.24%
Original Mortgage
$573,000
Interest Rate
6.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mcgill Eric D $887,000 Mcneese Title
Russell Travis Burton $625,000 Mcneese Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgill Eric D $709,600
Previous Owner Russell Travis Burton $573,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $887,000 -1.3% $606 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $899,000 +43.8% $614 / Sq Ft
02/03/2023 02/03/23 Off Market $625,000 -- --
11/04/2022 11/04/22 Sold $625,000 -3.8% $427 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/17/2022 10/17/22 Price Changed $650,000 -13.3% $444 / Sq Ft
09/11/2022 09/11/22 For Sale $750,000 0.0% $512 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/09/2022 08/09/22 Price Changed $750,000 -9.6% $512 / Sq Ft
06/07/2022 06/07/22 For Sale $829,995 -- $567 / 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 $4,671 $512,093 $353,125 $158,968
2023 $4,671 $514,057 $353,125 $160,932
2022 $2,139 $246,823 $108,494 $138,329
2021 $1,904 $196,739 $94,895 $101,844
2020 $1,834 $183,755 $86,817 $96,938
2019 $1,775 $178,772 $83,478 $95,294
2018 $1,729 $173,376 $0 $0
2017 $1,644 $170,752 $78,000 $92,752
2016 $1,514 $156,079 $0 $0
2015 $1,442 $149,977 $0 $0
2014 $1,300 $130,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 929109

Emerald Coast Association of REALTORS®

APN: 25-3S-18-16092-000-0020