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Lynn Haven 32444 Mowat Highlands
1007 Sutherland Plaza
Photo of 1007 Sutherland Plaza
Sold on Feb 24, 2023

38

Map

Photo of 1007 Sutherland Plaza
Photo of 1007 Sutherland Plaza
$347,000
● House - Off Market

1007 Sutherland Plaza

Lynn Haven, FL 32444
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,740 Ft²
$365,703
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Beautiful 3 Bedroom/2 Bath + Office located in the established Mowat Highlands neighborhood! This split/open floor plan home was remodeled after Hurricane Michael w/ a modern and luxurious feel featuring 10ft ceilings, crown molding, craftsman style doors/trim & luxury vinyl plank flooring throughout. The kitchen showcases quartz countertops, stainless steel appliances, breakfast bar & custom cabinetry overlooking the dining room with bay windows! The spacious master bedroom features his/her walk-in closets, dual vanities, large cultured marble shower w/ glass doors & french doors leading outside. Large privacy fenced backyard featuring flower beds full of orange canna lillies, maple tree & crepe myrtle to enjoy from the large covered patio. Access to the backyard from 24th St.
Unit Size
1,740 Ft²
Days on Market
43 days
Land Size
0.35 acres
Price per sqft
$201
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
1996

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 18 days ago ( #735570)

Price History

Date / Event Date Event Price
Feb 24, 2023 Sold
Premium
Sold
Dec 19, 2022 Listed by Keller Williams Success Realty $350,000
Listed by Keller Williams Success Realty
Jul 13, 2020 Sold
Premium
Sold
Aug 28, 2019 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,477
  • Total Building Area: 2,224
  • Gross Building Area: 2,224
  • Building Area: 1,740
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,740
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MOWAT HIGHLANDS PHASE V
  • Land Acres: 0000000355
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: MOWAT HIGHLANDS PHASE VII LOT 15 ORB 4660 P 1094

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 001301

Zoning

  • Zoning: UND

Geography

  • Subdivision Phase Number: 7
  • Parcel: 11588-465-000
  • Lot: 15
  • Meridian: SEC 15 TWN 03S RNG 14W
  • Municipality: CITY OF LYNN HAVEN
  • Latitude: 30.2225
  • Longitude: -85.6376

    Address

  • Full Address: 1007 Sutherland Plz
  • Address - House Number: 1007
  • Address - Street Name: Sutherland
  • Address - Suffix Type: Plz
  • State: FL
  • City Name: Lynn Haven
  • Carrier Code: C009
  • 4-Digit Zip Code: 8313
  • Zip Code: 32444

Valuation

    Tax

  • Total Area: 2,083
  • Tax Year: 2023
  • Tax Amount: $311,075
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.2354
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 67
  • Final Value: 370,163
  • High Value: 457,300
  • Low Value: 283,026

    Market Valuation

  • Market Total Value: $259,017
  • Market Land Value: $48,755
  • Market Improvement Value: $210,262

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,208

    Sales

  • Current Sale Contract Date: Feb 24, 2023
  • Current Sale Recording Date: Feb 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11132
  • Previous Sale Recording Date: Jul 13, 2020
  • Previous Sale Contract Date: Jul 10, 2020
  • Previous Sale Amount: $267,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Mowat Highlands

Stats & Trends

Median Asking:

$372,500

Sale Price/ft²

$213

Below Asking

0.01%

Average Days on Market

94

Average Home Size

2225 ft²

Average Home Age

30.7 years

Currently For Sale

3 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Frequently Asked Questions

When was property at 1007 Sutherland Plaza built and last sold?
The property at 1007 Sutherland Plaza was built in 1996 and last sold on Feb 24, 2023 for $347,000.
How much is this home worth?
The estimated value of the home located at 1007 Sutherland Plaza is $353,603.
What are some comparable homes to 1007 Sutherland Plaza?
There are currently no comparable homes to 1007 Sutherland Plaza.
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