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Lake Lorraine 32579 Port Dixie
1015 4th Avenue
$98,500
● House - Off Market

1015 4th Avenue

Shalimar, FL 32579
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,750 Ft²
$189,991
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model

About This Property

Short Sale. Gorgeous home with perfect front and back yard and community pool. Monthly fee includes pool maintenance, yard maintenance(outside your own fenced area) and exterior building maintenance. Home has Stainless steel appliances. Brick Fireplace with raised hearth. Wonderful large windows overlooking back covered porch/yard and fenced front yard. This home has a nice laundry room and garage !! The entire complex is well cared for and a pleasure to come home to. Do not miss seeing this wonderful home!
Unit Size
1,750 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$62
Property Type
House
Property Taxes
-
HOA Dues
$175
Year Built
1982

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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: 2 years ago (ECAR MLS #720088)

Price History

Date / Event Date Event Price
Feb 23, 2016 Sold
Premium
Sold
Dec 19, 2014 Listed by ERA American Real Estate $108,000
Listed by ERA American Real Estate
Mar 3, 2009 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 35
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 6
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 252
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,758
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,155
  • Gross Building Area: 2,155
  • Building Area: 1,751
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,751
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREEN ARBOR TH
  • Land Acres: 0000000040
  • Standard Land Use Code: 1001
  • County Land Use Code: 000109
  • State Land Use Code: 01
  • Legal Description 1: GREEN ARBOR TH LOT 3

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021501

Geography

  • Assessors Map Reference: 44
  • Parcel: 05-2S-23-1075-0000-0030
  • Lot: 3
  • Meridian: SEC 05 TWN 02S RNG 23W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4391
  • Longitude: -86.5679

    Address

  • Full Address: 1015 4th Ave
  • Address - House Number: 1015
  • Address - Street Name: 4th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Shalimar
  • Carrier Code: C008
  • 4-Digit Zip Code: 1983
  • Zip Code: 32579

Valuation

    Tax

  • Total Area: 1,936
  • Tax Year: 2023
  • Tax Amount: $239,526
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 294,444
  • High Value: 346,929
  • Low Value: 241,958

    Market Valuation

  • Market Total Value: $223,007
  • Market Land Value: $30,000
  • Market Improvement Value: $193,007

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $223,007
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $193,007

    Sales

  • Current Sale Contract Date: Feb 19, 2016
  • Current Sale Recording Date: Feb 23, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3049803
  • Previous Sale Recording Date: Mar 03, 2009
  • Previous Sale Contract Date: Feb 27, 2009
  • Previous Sale Amount: $137,000
  • 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 Port Dixie

Stats & Trends

Median Asking:

$327,000

Sale Price/ft²

$217

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1716 ft²

Average Home Age

38 years

Currently For Sale

39 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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ECAR

Listed by: Rai DesGranges, ERA American Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 720088
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.

Frequently Asked Questions

When was property at 1015 4th Avenue built and last sold?
The property at 1015 4th Avenue was built in 1982 and last sold on Feb 19, 2016 for $98,500.
How much is this home worth?
The estimated value of the home located at 1015 4th Avenue is $0.
What are some comparable homes to 1015 4th Avenue?
There are currently no comparable homes to 1015 4th Avenue.
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