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Okaloosa
1406 Greenwood Road
$190,000
● House - Off Market

1406 Greenwood Road

Baker, FL 32531
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,027 Ft²
$343,482
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

ENTERED FOR COMP PURPOSES ONLY. 4 bedroom 2 bath home completely renovated in 2010. Metal roof, engineered hardwood floors, tile in bathrooms.
Unit Size
2,027 Ft²
Days on Market
-
Land Size
2.06 acres
Price per sqft
$94
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1975

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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 #727063)

Price History

Date / Event Date Event Price
Sep 8, 2023 Sold
Premium
Sold
Aug 9, 2023 No longer available -
No longer available
Aug 5, 2023 Listed by RE/MAX Agency One $449,900
Listed by RE/MAX Agency One
Apr 9, 2015 Listed by RE/MAX Agency One $190,000
Listed by RE/MAX Agency One
Apr 7, 2015 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • 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: 7
  • Garage Square Area: 529
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 58
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 89,298
  • Lot Size Frontage Feet: 2,120
  • Total Building Area: 2,384
  • Gross Building Area: 2,384
  • Building Area: 2,027
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,027
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREENWOOD 01
  • Land Acres: 0000002050
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: BEG 612.5 FT N & 5000 FT W OF SE COR OF N1/2 N 353 FT W363 FT S36 DEG E426.9 FT

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020102

Geography

  • Assessors Map Reference: 14B
  • Subdivision Tract Number: 1
  • Parcel: 08-3N-24-0000-0002-0230
  • Block: 2
  • Lot: 1
  • Meridian: SEC 08 TWN 03N RNG 24W
  • Municipality: COUNTY
  • Latitude: 30.777
  • Longitude: -86.6757

    Address

  • Full Address: 1406 Greenwood Rd
  • Address - House Number: 1406
  • Address - Street Name: Greenwood
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Baker
  • Carrier Code: R045
  • 4-Digit Zip Code: 8458
  • Zip Code: 32531

Valuation

    Tax

  • Total Area: 2,123
  • Tax Year: 2023
  • Tax Amount: $112,473
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1669
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 360,126
  • High Value: 420,252
  • Low Value: 300,001

    Market Valuation

  • Market Total Value: $211,233
  • Market Land Value: $26,632
  • Market Improvement Value: $184,601

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,790

    Sales

  • Current Sale Contract Date: Sep 07, 2023
  • Current Sale Recording Date: Sep 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3645986
  • Previous Sale Recording Date: Apr 07, 2015
  • Previous Sale Contract Date: Apr 06, 2015
  • Previous Sale Amount: $190,000
  • 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 Okaloosa

Stats & Trends

Median Asking:

$378,165

Sale Price/ft²

$226

Below Asking

0.02%

Average Days on Market

81

Average Home Size

1819 ft²

Average Home Age

28.1 years

Currently For Sale

1684 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: Tomasz A Bielenin, RE/MAX Agency One
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 727063
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 1406 Greenwood Road built and last sold?
The property at 1406 Greenwood Road was built in 1975 and last sold on Sep 7, 2023 for $444,000.
How much is this home worth?
The estimated value of the home located at 1406 Greenwood Road is $456,190.
What are some comparable homes to 1406 Greenwood Road?
There are currently no comparable homes to 1406 Greenwood Road.
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