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Okaloosa 32578 Chardonnay Estates
1033 Napa Way
$413,000
● House - Off Market

1033 Napa Way

Niceville, FL 32578
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,349 Ft²
$706,182
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Create memories in this beautiful Bluewater Home. There isn't a nicer property on the market. Entertain your friends or escape the heat in your own backyard oasis. Absolutely stunning pool with paver deck and extensive landscaping await you. The house has hardwoods and tile throughout. The kitchen has a ton of cabinets, large island, and great for the most discriminating chef. The backyard is fully fenced and backs up to green space. Schedule your exclusive showing today.
Unit Size
2,349 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$179
Property Type
House
Property Taxes
$248
HOA Dues
$109
Year Built
2004

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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 #759986)

Price History

Date / Event Date Event Price
Jan 3, 2017 Sold
Premium
Sold
Aug 31, 2016 Listed by Destin Real Estate $419,727
Listed by Destin Real Estate
Jul 27, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 427
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,804
  • Total Building Area: 2,978
  • Gross Building Area: 2,978
  • Building Area: 2,349
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,349
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHARDONNAY ESTATES
  • Land Acres: 0000000225
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: CHARDONNAY ESTATES LOT 48

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021001

Geography

  • Assessors Map Reference: 40
  • Parcel: 26-1S-22-1000-0000-0480
  • Lot: 48
  • Meridian: SEC 26 TWN 01S RNG 22W
  • Municipality: NORTH BAY FIRE
  • Latitude: 30.4613
  • Longitude: -86.4171

    Address

  • Full Address: 1033 Napa Way
  • Address - House Number: 1033
  • Address - Street Name: Napa
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Niceville
  • Carrier Code: R004
  • 4-Digit Zip Code: 3960
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 2,645
  • Tax Year: 2023
  • Tax Amount: $354,201
  • Tax Rate Code Area: 014

    Appraisal Valuation

  • Standard Deviation: 0.1942
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 648,555
  • High Value: 774,526
  • Low Value: 522,585

    Market Valuation

  • Market Total Value: $477,712
  • Market Land Value: $88,263
  • Market Improvement Value: $389,449

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $341,137

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 30, 2016
  • Current Sale Recording Date: Jan 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3110172
  • Previous Sale Recording Date: Jul 27, 2004
  • Previous Sale Contract Date: Jul 23, 2004
  • Previous Sale Amount: $294,900
  • 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 Bluewater Bay

Stats & Trends

Median Asking:

$498,000

Sale Price/ft²

$258

Below Asking

0.01%

Average Days on Market

68

Average Home Size

1968 ft²

Average Home Age

31.7 years

Currently For Sale

47 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

Rentals Near You

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ECAR

Listed by: Tim Shepard, Destin Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 759986
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 1033 Napa Way built and last sold?
The property at 1033 Napa Way was built in 2004 and last sold on Dec 30, 2016 for $413,000.
How much is this home worth?
The estimated value of the home located at 1033 Napa Way is $433,221.
What are some comparable homes to 1033 Napa Way?
There are currently no comparable homes to 1033 Napa Way.
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