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Crestview 32536 Riverchase
107 Paddle Wheel Cove
$305,000
● House - Off Market

107 Paddle Wheel Cove

Crestview, FL 32536
bedrooms
4 Beds
bathrooms
2 Baths
$330,512
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Freshly painted home located on the southern point of Crestview. This home features a traditional entry way leading into an open concept kitchen with stainless steel appliances, well sized pantry, hop up bar area, open living area and separate dining room. The home offers 4 bedrooms with large closets, primary bathroom features separate tub/shower. This home has been beautifully upgraded with new light fixtures as well as new hardware. The gorgeous backyard is full of nature and fully fenced, along with an oversized driveway with space for an RV/boat, and 2018 roof. Schedule a showing today!
Unit Size
-
Days on Market
30 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1998

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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: 11 months ago (ECAR #885986)

Price History

Date / Event Date Event Price
Dec 23, 2021 Sold
Premium
Sold
Nov 17, 2021 Listed by Ellis Realty LLC $300,000
Listed by Ellis Realty LLC
Aug 23, 2018 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • 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: 2
  • 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: 441
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,061
  • Total Building Area: 2,873
  • Gross Building Area: 2,873
  • Building Area: 1,638
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,638
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERCHASE S/D
  • Land Acres: 0000000346
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: RIVERCHASE S/D PH I LOT 3 BLK A

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020602

Geography

  • Assessors Map Reference: 19
  • Subdivision Phase Number: 1
  • Parcel: 06-2N-23-5000-000A-0030
  • Block: A
  • Lot: 3
  • Meridian: SEC 06 TWN 02N RNG 23W
  • Municipality: CRESTVIEW
  • Latitude: 30.7038
  • Longitude: -86.5895

    Address

  • Full Address: 107 Paddle Wheel Cv
  • Address - House Number: 107
  • Address - Street Name: Paddle Wheel
  • Address - Suffix Type: Cv
  • State: FL
  • City Name: Crestview
  • Carrier Code: R016
  • 4-Digit Zip Code: 5285
  • Zip Code: 32536

Valuation

    Tax

  • Total Area: 1,927
  • Tax Year: 2023
  • Tax Amount: $259,112
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.2021
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 299,474
  • High Value: 360,006
  • Low Value: 238,943

    Market Valuation

  • Market Total Value: $216,427
  • Market Land Value: $35,500
  • Market Improvement Value: $180,927

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $201,701

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Dec 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3515121
  • Previous Sale Recording Date: Aug 23, 2018
  • Previous Sale Contract Date: Aug 17, 2018
  • Previous Sale Amount: $170,000
  • 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 Riverchase

Stats & Trends

Median Asking:

$309,000

Sale Price/ft²

$185

Below Asking

0.05%

Average Days on Market

101

Average Home Size

2424 ft²

Average Home Age

15.5 years

Currently For Sale

2 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: Zarina S Ellis, Ellis Realty LLC
Last Updated: 11 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 885986
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 107 Paddle Wheel Cove built and last sold?
The property at 107 Paddle Wheel Cove was built in 1998 and last sold on Dec 17, 2021 for $305,000.
How much is this home worth?
The estimated value of the home located at 107 Paddle Wheel Cove is $0.
What are some comparable homes to 107 Paddle Wheel Cove?
There are currently no comparable homes to 107 Paddle Wheel Cove.
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