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115 2nd Avenue

115 2nd Avenue, Fort Walton Beach, FL 32548
Property in Beal Parkway
Sold Apr 06, 2023
$340,000
$272,000 by Community Bank Of Mississippi
Mortgage
Sold May 17, 2022
$227,500
115 2nd Avenue has been categorized by the local assessors in Fort Walton Beach, FL as a residential type of property. The building on the property was first built in 1957 and is 67 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 115 2nd Avenue has 1,697 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,420 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 115 2nd Avenue sold most recently in Apr 5, 2023 for a total of $340,000. If you work out the math, that's approximately a cost of $186.51 per sqft. Before that, the property was also sold for $227,500 in May 13, 2022. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,809 in taxes each year. 115 2nd Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $201,466. If we break it down further, the land itself was valued at $48,192. Improvements to the property, however, were assessed at a total of $153,274. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,420
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,823
  • Gross Building Area: 1,823
  • Building Area: 1,697
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,697
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEABREEZE ADD
  • Land Acres: 0.262
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEABREEZE ADD #2 LOT 8 BLK C

Ownership

  • Current Owner : GHOSH PROPERTIES LLC
  • Previous Owner : MDW REHAB PROPERTIES LLC
  • Owner Before Previous Owner: HOLT
  • Owner Before Previous Owner 2: CRYSTAL
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 022600

Geography

  • Assessors Map Reference: 53
  • Parcel: 14-2S-24-221C-000C-0080
  • Block: C
  • Lot: 8
  • Meridian: SEC 14 TWN 02S RNG 24W
  • Municipality: FORT WALTON BEACH
  • Latitude: 30.4069
  • Longitude: -86.6144

    Address

  • Full Address: 115 2nd Ave Sw
  • Address - House Number: 115
  • Street Segment Direction: SW
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Fort Walton Beach
  • Carrier Code: C045
  • 4-Digit Zip Code: 5312
  • Zip Code: 32548

Valuation

    Tax

  • Total Area: 1,760
  • Tax Year: 2023
  • Tax Amount: $2,809
  • Tax Rate Code Area: 004

    Appraisal Valuation

  • Standard Deviation: 0.0808
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 94
  • Final Value: 359,731
  • High Value: 388,812
  • Low Value: 330,650

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $272,000
  • First Open Lien Mortgage Lender: COMMUNITY BANK OF MISSISSIPPI
  • First Open Lien Mortgage Recording Date: Apr 06, 2023
  • First Open Lien Mortgage Loan Amount: $272,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $201,466
  • Market Land Value: $48,192
  • Market Improvement Value: $153,274

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $201,466
  • Assessed Land Value: $48,192
  • Assessed Improvements Value: $153,274

    Sales

  • Current Sale Contract Date: Apr 05, 2023
  • Current Sale Recording Date: Apr 06, 2023
  • Current Sale Transaction ID: 11904762800
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3616136
  • Previous Sale Recording Date: May 17, 2022
  • Previous Sale Contract Date: May 13, 2022
  • Previous Sale Amount: $227,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY BANK OF MISSISSIPPI
  • First Mortgage Transaction Date: Apr 06, 2023
  • First Mortgage Loan Amount: $272,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Beal Parkway



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Nearby Rentals

Unit for rent at 300 Sw Miracle Strip Parkway, Fort Walton Beach, FL, 32548

$1,050 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
300 Sw Miracle Strip Parkway #4D, Fort Walton Beach, FL, 32548 Listing by Melina N Diaz

Frequently Asked Questions

What neighborhood is 115 2nd Avenue located in?
The 115 2nd Avenue is a located in the neighborhood of Beal Parkway in Beal Parkway, Fort Walton Beach.
What is the average sales price for listings in 115 2nd Avenue?
The average sales price for units in 115 2nd Avenue is $0 currently.

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