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Crestview 32539 Shoal Terrace Estates
131 Oak Terrace Drive
$70,500
● House - Off Market

131 Oak Terrace Drive

Crestview, FL 32539
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,058 Ft²
$139,220
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

Short Sale. Very nice home on a very nice street !! 3 bed and 2 bath, 1 car garage Home and yard are immaculate ! Some tile flooring and carpeting in good condition. FIREPLACE with hearth made to sit on. Has one car GARAGE and a level yard. South of I-10 and easy commute to bases or other work. Not too far from beaches ! Great starter home or down sizing home. Seller is not aware of anything wrong with home but being sold ''As Is''. Be sure to come see this one !
Unit Size
1,058 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$71
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1993

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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 #600598)

Price History

Date / Event Date Event Price
Jun 24, 2014 Sold
Premium
Sold
Jun 27, 2013 Listed by ERA American Real Estate $74,900
Listed by ERA American Real Estate
Aug 31, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • 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: 242
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,066
  • Total Building Area: 1,357
  • Gross Building Area: 1,357
  • Building Area: 1,058
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,058
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHOAL TERRACE EST
  • Land Acres: 0000000185
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SHOAL TERRACE EST LOT 29 BLK B

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020702

Geography

  • Assessors Map Reference: 15C
  • Parcel: 29-3N-23-2215-000B-0290
  • Block: B
  • Lot: 29
  • Meridian: SEC 29 TWN 03N RNG 23W
  • Municipality: CRESTVIEW
  • Latitude: 30.7251
  • Longitude: -86.5639

    Address

  • Full Address: 131 Oak Terrace Dr
  • Address - House Number: 131
  • Address - Street Name: Oak Terrace
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Crestview
  • Carrier Code: R013
  • 4-Digit Zip Code: 8382
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 1,208
  • Tax Year: 2023
  • Tax Amount: $233,670
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 220,153
  • High Value: 266,551
  • Low Value: 173,755

    Market Valuation

  • Market Total Value: $172,119
  • Market Land Value: $40,000
  • Market Improvement Value: $132,119

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $172,119
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $132,119

    Sales

  • Current Sale Contract Date: Mar 19, 2014
  • Current Sale Recording Date: Jun 24, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2935150
  • Previous Sale Recording Date: Aug 31, 2006
  • Previous Sale Contract Date: Aug 28, 2006
  • Previous Sale Amount: $120,000
  • 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 Shoal Terrace Estates

Stats & Trends

Median Asking:

$200,000

Sale Price/ft²

$198

Below Asking

0.11%

Average Days on Market

249

Average Home Size

1718 ft²

Average Home Age

32 years

Currently For Sale

1 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: Rai DesGranges, ERA American Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 600598
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 131 Oak Terrace Drive built and last sold?
The property at 131 Oak Terrace Drive was built in 1993 and last sold on Mar 19, 2014 for $70,500.
How much is this home worth?
The estimated value of the home located at 131 Oak Terrace Drive is $0.
What are some comparable homes to 131 Oak Terrace Drive?
There are currently no comparable homes to 131 Oak Terrace Drive.
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