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Bay 32409 Pinebrook
13212 SPRING FORK Lane
Photo of 13212 SPRING FORK Lane
Sold on Sep 10, 2018

2

Map

Photo of 13212 SPRING FORK Lane
$22,000
● Land - Off Market

13212 SPRING FORK Lane

Southport, FL 32409
bedrooms
Studio
bathrooms
0 Bath
$37,062
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

This .6 acre lot with 125' of frontage on Spring Fork Lane. Which is ideally located inside the Pinebrook Subdivision, which is only minutes from Bozeman High School and less than 15 minutes to Airport and Lynn Haven, Great area to build a house with some basic building restrictions that will help retain long term value for your home. The lot is high and dry on a dead end paved road with cul-de-sac. Neighborhood is starting build up and this would be a great spot to build a home and raise a family.
Unit Size
-
Days on Market
59 days
Land Size
0.60 acres
Price per sqft
-
Property Type
Land
Property Taxes
$23
HOA Dues
-
Year Built
2021

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 26 days ago ( #673958)

Price History

Date / Event Date Event Price
May 14, 2023 No longer available -
No longer available
May 12, 2023 Sold
Premium
Sold
Apr 16, 2023 In contract -
In contract
Mar 13, 2023 Listed by Counts Real Estate Group Inc $429,900
Listed by Counts Real Estate Group Inc
May 5, 2021 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 576
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,290
  • Total Building Area: 2,358
  • Gross Building Area: 2,358
  • Building Area: 1,782
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,782
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINEBROOK
  • Land Acres: 0000000604
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 00
  • Legal Description 1: PINEBROOK MAP 72 LOT 5 ORB 4688 P 1568

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 000201

Zoning

  • Zoning: BC16

Geography

  • Parcel: 26484-655-000
  • Block: NA
  • Lot: 5
  • Meridian: SEC 23 TWN 01S RNG 15W
  • Municipality: FIRE COUNTY MOSQUITO
  • Latitude: 30.3911
  • Longitude: -85.7133

    Address

  • Full Address: 13212 Spring Fork Ln
  • Address - House Number: 13212
  • Address - Street Name: Spring Fork
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Panama City
  • Carrier Code: R003
  • 4-Digit Zip Code: 3559
  • Zip Code: 32409

Valuation

    Tax

  • Total Area: 2,146
  • Tax Year: 2023
  • Tax Amount: $369,768
  • Tax Rate Code Area: 055

    Appraisal Valuation

  • Standard Deviation: 0.2061
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 72
  • Final Value: 431,450
  • High Value: 520,397
  • Low Value: 342,502

    Market Valuation

  • Market Total Value: $292,087
  • Market Land Value: $36,000
  • Market Improvement Value: $256,087

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $292,087
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $256,087

    Sales

  • Current Sale Contract Date: May 12, 2023
  • Current Sale Recording Date: May 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 29806
  • Previous Sale Recording Date: May 05, 2021
  • Previous Sale Contract Date: May 04, 2021
  • Previous Sale Amount: $324,000
  • 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 Pinebrook

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 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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Frequently Asked Questions

When was property at 13212 Spring Fork Lane built and last sold?
The property at 13212 Spring Fork Lane was built in 2021 and last sold on May 12, 2023 for $415,000.
How much is this home worth?
The estimated value of the home located at 13212 Spring Fork Lane is $433,416.
What are some comparable homes to 13212 Spring Fork Lane?
There are currently no comparable homes to 13212 Spring Fork Lane.
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