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Okaloosa 32578 Blue Pine Village
106 Ridge Lane
$189,900
● House - Off Market

106 Ridge Lane

Niceville, FL 32578
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,283 Ft²
$324,316
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Updated 3 bedroom 2 bath home in gorgeous Bluewater Bay. This open concept home is move-in ready with many renovations, including a new roof in 2014, beautiful new landscaping, and irrigation system to name a few. Kitchen has white cabinetry and a brand new tile back splash. Main living areas were recently tiled throughout with 20 ceramic tiles. This split floor plan is thoughtfully laid out and feels much larger than the square footage suggests. The huge living room includes a cathedral ceiling and wood burning fireplace. Front yard has two large shade trees, perfect for relaxing on the front porch. The heated and cooled Florida room makes a perfect office or sitting area. Fenced backyard has a large patio shaded with a pear tree. Two car garage with attic access, new garage d
Unit Size
1,283 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$148
Property Type
House
Property Taxes
$138
HOA Dues
$75
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #750416)

Price History

Date / Event Date Event Price
Jun 3, 2016 Sold
Premium
Sold
Apr 12, 2016 Listed by La Florida Coastal Properties $189,900
Listed by La Florida Coastal Properties
Apr 22, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • 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: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 399
  • Parking Space Count: 0
  • Patio Type: 94
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,742
  • Total Building Area: 1,727
  • Gross Building Area: 1,727
  • Building Area: 1,178
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,178
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLUE PINE VILLAGE
  • Land Acres: 0000000109
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: BLUE PINE VILLAGE AMENDED LOT 4 BLK B

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021002

Geography

  • Assessors Map Reference: 39
  • Parcel: 23-1S-22-474B-000B-0040
  • Block: B
  • Lot: 4
  • Meridian: SEC 23 TWN 01S RNG 22W
  • Municipality: NORTH BAY FIRE
  • Latitude: 30.4844
  • Longitude: -86.4118

    Address

  • Full Address: 106 Ridge Ln
  • Address - House Number: 106
  • Address - Street Name: Ridge
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Niceville
  • Carrier Code: R011
  • 4-Digit Zip Code: 9712
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 1,500
  • Tax Year: 2023
  • Tax Amount: $148,041
  • Tax Rate Code Area: 014

    Appraisal Valuation

  • Standard Deviation: 0.1971
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 356,355
  • High Value: 426,607
  • Low Value: 286,103

    Market Valuation

  • Market Total Value: $248,023
  • Market Land Value: $81,474
  • Market Improvement Value: $166,549

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,896

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 31, 2016
  • Current Sale Recording Date: Jun 03, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3069758
  • Previous Sale Recording Date: Apr 22, 2005
  • Previous Sale Contract Date: Apr 01, 2005
  • Previous Sale Amount: $206,900
  • 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:

$496,500

Sale Price/ft²

$258

Below Asking

0.01%

Average Days on Market

69

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: Larry G Phillips, La Florida Coastal Properties
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 750416
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 106 Ridge Lane built and last sold?
The property at 106 Ridge Lane was built in 1988 and last sold on May 31, 2016 for $189,900.
How much is this home worth?
The estimated value of the home located at 106 Ridge Lane is $198,563.
What are some comparable homes to 106 Ridge Lane?
There are currently no comparable homes to 106 Ridge Lane.
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