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Niceville 32578
1046 48Th Street
$282,000
● House - Off Market

1046 48Th Street

Niceville, FL 32578
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,149 Ft²
$279,053
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

This adorable home located centrally in Niceville is a must see! High ceilings and an open layout make this home feel welcoming and spacious. New flooring and earth toned paints create a comforting feel throughout the 3 bed 2 full bath split floor plan. Kitchen is light and bright, with a sliding door to a patio and fully fenced large backyard! Make sure to see the detached, heated and cooled flex space in the back, perfect for any hobby, interest, office or play space. Home also has a 1 car garage with pull down ladder access to a large attic for extra storage. HVAC and water heater replaced within the last 5 years, roof is only 7 years old!

**Multiple Offers, calling for all offers by 7PM 7/17/22**

Solar panels to be paid off at closing. Please note that grass is edited in pictures.
Unit Size
1,149 Ft²
Days on Market
-
Land Size
-
Price per sqft
$235
Property Type
House
Property Taxes
$100
HOA Dues
-
Year Built
1994

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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 #903328)

Price History

Date / Event Date Event Price
Sep 1, 2022 Sold
Premium
Sold
Jul 11, 2022 Listed by Coldwell Banker Realty $269,900
Listed by Coldwell Banker Realty
Nov 4, 2019 Sold
Premium
Sold
Mar 16, 2016 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • 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: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • 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: 7,491
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,438
  • Gross Building Area: 1,438
  • Building Area: 1,151
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,151
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALPARAISO P/C
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: VALPARAISO P/C 2 LOT 4 BLK 17

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020900

Geography

  • Assessors Map Reference: 23
  • Parcel: 05-1S-22-256B-0017-0040
  • Block: 17
  • Lot: 4
  • Meridian: SEC 05 TWN 01S RNG 22W
  • Municipality: EAST NICEVILLE FIRE
  • Latitude: 30.5326
  • Longitude: -86.4707

    Address

  • Full Address: 1046 48th St
  • Address - House Number: 1046
  • Address - Street Name: 48th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Niceville
  • Carrier Code: C006
  • 4-Digit Zip Code: 1322
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 1,301
  • Tax Year: 2023
  • Tax Amount: $195,213
  • Tax Rate Code Area: 015

    Appraisal Valuation

  • Standard Deviation: 0.2092
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 290,573
  • High Value: 351,374
  • Low Value: 229,773

    Market Valuation

  • Market Total Value: $189,308
  • Market Land Value: $38,182
  • Market Improvement Value: $151,126

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $189,308
  • Assessed Land Value: $38,182
  • Assessed Improvements Value: $151,126

    Sales

  • Current Sale Contract Date: Aug 30, 2022
  • Current Sale Recording Date: Sep 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3575766
  • Previous Sale Recording Date: Nov 04, 2019
  • Previous Sale Contract Date: Oct 25, 2019
  • Previous Sale Amount: $175,000
  • 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 Niceville

Stats & Trends

Median Asking:

$424,950

Sale Price/ft²

$251

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1982 ft²

Average Home Age

28 years

Currently For Sale

63 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: Kayleigh B Maven, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 903328
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 1046 48th Street built and last sold?
The property at 1046 48th Street was built in 1994 and last sold on Aug 30, 2022 for $282,000.
How much is this home worth?
The estimated value of the home located at 1046 48th Street is $0.
What are some comparable homes to 1046 48th Street?
There are currently no comparable homes to 1046 48th Street.
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