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Okaloosa 32578 Blue Pine Village
108 SUMMIT Court
$180,000
● House - Off Market

108 SUMMIT Court

Niceville, FL 32578
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,169 Ft²
$328,329
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

Turnkey, meticulously maintained renovated home in Bluewater Bay area. Modern kitchen has granite counters, tumbled stone back-splash and pendant light over sink. Large ceramic tile in kitchen/dining and living room. New vanities, flooring, mirrors, lighting fixtures and cultured marble finishes in both full baths. The 16'X10' heated and cooled Titan Florida room featuring ''responsive plastic'' windows (also has screens) leads to a wooden deck. Private backyard with porch swing is great for entertaining. Master Bedroom lives large with cathedral ceilings. New A/C April 2015. Termite bond on home is transferable. One bedroom has a ''stadium wall'' as accent wall (TV located behind closet doors). Mid-Bay bridge just minutes from Range Road on- ramp. Community pool and RV or boat storage.
Unit Size
1,169 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$158
Property Type
House
Property Taxes
$74
HOA Dues
$70
Year Built
1986

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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 #735282)

Price History

Date / Event Date Event Price
Sep 30, 2015 Sold
Premium
Sold
Jul 29, 2015 Listed by Keller Williams Realty Destin $185,000
Listed by Keller Williams Realty Destin
Dec 26, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • 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: 264
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 98
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,499
  • Total Building Area: 1,512
  • Gross Building Area: 1,512
  • Building Area: 1,009
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,009
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLUE PINE VILLAGE
  • Land Acres: 0000000103
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: BLUE PINE VILLAGE PH I LOT 44 BLK B

Neighborhood

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

Geography

  • Assessors Map Reference: 39
  • Subdivision Phase Number: 1
  • Parcel: 23-1S-22-474A-000B-0440
  • Block: B
  • Lot: 44
  • Meridian: SEC 23 TWN 01S RNG 22W
  • Municipality: NORTH BAY FIRE
  • Latitude: 30.4868
  • Longitude: -86.4116

    Address

  • Full Address: 108 Summit Ct
  • Address - House Number: 108
  • Address - Street Name: Summit
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Niceville
  • Carrier Code: R011
  • 4-Digit Zip Code: 9761
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 1,241
  • Tax Year: 2023
  • Tax Amount: $128,152
  • Tax Rate Code Area: 014

    Appraisal Valuation

  • Standard Deviation: 0.1971
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 325,062
  • High Value: 389,145
  • Low Value: 260,979

    Market Valuation

  • Market Total Value: $214,739
  • Market Land Value: $81,474
  • Market Improvement Value: $133,265

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,183

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 29, 2015
  • Current Sale Recording Date: Sep 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3024575
  • Previous Sale Recording Date: Dec 26, 2007
  • Previous Sale Contract Date: Dec 14, 2007
  • Previous Sale Amount: $162,500
  • 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:

$495,000

Sale Price/ft²

$258

Below Asking

0.01%

Average Days on Market

67

Average Home Size

2075 ft²

Average Home Age

31.2 years

Currently For Sale

52 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: Sharon L Gross, Keller Williams Realty Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 735282
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 108 Summit Court built and last sold?
The property at 108 Summit Court was built in 1986 and last sold on Sep 29, 2015 for $180,000.
How much is this home worth?
The estimated value of the home located at 108 Summit Court is $0.
What are some comparable homes to 108 Summit Court?
There are currently no comparable homes to 108 Summit Court.
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