NOT LISTED FOR SALE

Lot D7 Somerset St Alys Beach, FL 32461

Alys Beach Neighborhood

Estimated Value: $7,616,000 - $8,405,000

0.19 Acre
$42,467,189 Price per Acre
8,276 Sq Ft Lot

Last Sold November 22, 2016

Last sale price $1,145,000

Est. 605% increase in value since last sale

Current estimated payment $48,412/month

About This Lot

As of November 2016

Entered for comp purposes.
Construction of a primary residential structure must be commenced within two years from the date of the deed. Owner shall complete construction of the primary residential structure within 24 months from the start of construction Nestled on 158 acres along the emerald shall complete construction of the primary residential structure within 24 waters and white sand beaches of northwest Florida's Gulf Coast, Alys Beach is a New Urban community created with the highest standards for beauty, sustainability, and quality of life

Last Agent to Sell the Property

Ben Bricken

Alys Beach Properties Llc License #3304892 Listed on: 02/17/2016

Last Buyer's Agent

Ben Bricken

Alys Beach Properties Llc License #3304892 Listed on: 02/17/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $63,724

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 73.48'x112.83'x65.24'x94.76'

HOA Fees

  • $323 Monthly HOA Fees

Schools

  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Water Tap or Transfer Fee
  • Cable TV Available

Community Details

  • Alys Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26-3S-18-16400-00D-0070

Property Details

Property Type

Land

Est. Annual Taxes

$63,724

Lot Details

0

HOA Fees

$323 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.19
  • Lot Size: 73.48'x112.83'x65.24'x94.76'
  • Subdivision Name: ALYS BEACH
  • Directions: Alys Beach is on Scenic Hwy 30A, one mile west of Rosemary Beach and one mile east of WaterSound Parkway
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Tap Fee Due: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None

Utilities

  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, Tap Fee Due, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Association #2 Fee: 967.5
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 8276.4
  • Parcel #: 26-3S-18-16400-00D-0070
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2021
Sold by
Daniels Justin M and Daniels Robin T
Bought by
Aronov Owen William
Current Estimated Value
$8,068,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2021
Sold by
366 N Somerset Street Alys Llc
Bought by
Daniels Justin M and Daniels Robin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2020
Sold by
Molinaro Mark Richard
Bought by
366 N Somerset Street Alys Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,510,290
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 2017
Sold by
Molinro Mark Richard
Bought by
Revocabl Molinaro Mark Richard and Mark Richard Molinaro Revocable Trust

Purchase Details

Listed on
Feb 17, 2016
Closed on
Nov 22, 2016
Sold by
Ebsco Gulf Coast Development Inc
Bought by
Molinaro Mark
Seller's Agent
Ben Bricken
Alys Beach Properties Llc
Buyer's Agent
Ben Bricken
Alys Beach Properties Llc
List Price
$1,145,000
Sold Price
$1,145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.69%
Original Mortgage
$801,500
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Aronov Owen William $7,205,000 Shoreline Title Llc
Daniels Justin M $6,000,000 Florida Natl Ttl Svcs Llc
Daniels Justin M $6,000,000 New Title Company Name
366 N Somerset Street Alys Llc -- Lori Ogles For Reli Ttl Llc
Revocabl Molinaro Mark Richard -- Attorney
Molinaro Mark $1,145,000 Reli Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daniels Justin M $4,200,000
Previous Owner 366 N Somerset Street Alys Llc $2,510,290
Previous Owner Molinaro Mark $801,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2016 11/22/16 Sold $1,145,000 0.0% --
02/17/2016 02/17/16 For Sale $1,145,000 -- --
02/12/2016 02/12/16 Pending -- -- --
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 $63,724 $6,764,700 $1,630,580 $5,134,120
2023 $63,724 $6,461,058 $0 $0
2022 $57,658 $5,873,689 $1,276,582 $4,597,107
2021 $14,733 $1,150,846 $1,150,846 $0
2020 $12,924 $1,052,839 $1,052,839 $0
2019 $12,566 $1,022,202 $1,022,202 $0
2018 $13,418 $1,102,701 $0 $0
2017 $13,042 $1,071,462 $1,071,462 $0
2016 $12,659 $1,030,269 $0 $0
2015 $12,038 $962,900 $0 $0
2014 $10,940 $875,364 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ben Bricken

    Seller's Agent in 2016

    Ben Bricken

    Alys Beach Properties Llc

    (850) 213-5552

    216 in this area

    220 Total Sales

    Ben Bricken
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 746663

Emerald Coast Association of REALTORS®

APN: 26-3S-18-16400-00D-0070

Florida Walton County Alys Beach 32461 Alys Beach

Lot D7 Somerset St, Alys Beach, FL

This home is located at Lot D7 Somerset St, Alys Beach, FL 32461 since 17 February 2016 and is currently estimated at $8,068,766. Lot D7 Somerset St is a home located in Walton County with nearby schools including Dune Lakes Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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