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Fort Walton Beach 32548 Northwest
115 Willard Road
$80,000
● House - Off Market

115 Willard Road

Fort Walton Beach, FL 32548
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,153 Ft²
$172,630
RealtyHop Estimate
115.79%
Since Oct 1, 2012
National-US
Primary Model

About This Property

This home is a Short Sale located in a quiet neighborhood in Fort Walton Beach, convenient to beaches, shopping, and both Eglin and Hurlburt Field. Perfect for the first time home buyer or investor, this 3 bedroom home features a formal living area and den, and original pine cabinets accentuate the kitchen. The separate laundry room provides plenty of room for extra storage. The backyard is large enough for your pets or a pool. The 3rd bedroom could be used as an office. With some TLC, this house will make a wonderful home.
Unit Size
1,153 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$69
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959

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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 #579262)

Price History

Date / Event Date Event Price
Sep 24, 2012 Sold
Premium
Sold
May 31, 2012 Listed by ERA American Real Estate $80,000
Listed by ERA American Real Estate
Feb 10, 2012 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,034
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,259
  • Gross Building Area: 1,259
  • Building Area: 1,153
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,153
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SANTA MARKELLA S/D
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SANTA MARKELLA S/D LOT 39 BLK C

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 022500

Geography

  • Assessors Map Reference: 53
  • Parcel: 14-2S-24-2170-000C-0390
  • Block: C
  • Lot: 39
  • Meridian: SEC 14 TWN 02S RNG 24W
  • Municipality: FORT WALTON BEACH
  • Latitude: 30.4193
  • Longitude: -86.6223

    Address

  • Full Address: 115 Willard Rd Nw
  • Address - House Number: 115
  • Street Segment Direction: NW
  • Address - Street Name: Willard
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Fort Walton Beach
  • Carrier Code: C016
  • 4-Digit Zip Code: 4710
  • Zip Code: 32548

Valuation

    Tax

  • Total Area: 1,208
  • Tax Year: 2023
  • Tax Amount: $61,918
  • Tax Rate Code Area: 004

    Appraisal Valuation

  • Standard Deviation: 0.1887
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 75
  • Final Value: 243,084
  • High Value: 288,958
  • Low Value: 197,210

    Market Valuation

  • Market Total Value: $156,787
  • Market Land Value: $48,192
  • Market Improvement Value: $108,595

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $84,588

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 20, 2012
  • Current Sale Recording Date: Sep 24, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2802458
  • Previous Sale Recording Date: Feb 10, 2012
  • Previous Sale Contract Date: Jan 20, 2012
  • Previous Sale Amount: $88,500
  • Previous Sale Document Type: 55
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 Northwest

Stats & Trends

Median Asking:

$327,450

Sale Price/ft²

$197

Below Asking

0.04%

Average Days on Market

91

Average Home Size

1658 ft²

Average Home Age

61.9 years

Currently For Sale

18 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: Shannon L Aden, ERA American Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 579262
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 115 Willard Road built and last sold?
The property at 115 Willard Road was built in 1959 and last sold on Sep 20, 2012 for $80,000.
How much is this home worth?
The estimated value of the home located at 115 Willard Road is $0.
What are some comparable homes to 115 Willard Road?
There are currently no comparable homes to 115 Willard Road.
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