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Crestview 32539 Shoal Terrace Estates
151 Oak Terrace Drive
$249,000
● House - Off Market

151 Oak Terrace Drive

Crestview, FL 32539
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,074 Ft²
$249,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Conveniently located South of I-10 in the sought after Shoal Terrace Estates subdivision lies this freshly renovated 3 bed/2bath/1 car garage home with new HVAC system installed Dec 2018, newer dimensional shingle roof, fresh coats of paint, updated bathrooms and whole house backup generator. The home welcomes family and guests alike with large living room with cathedral ceilings and beautiful laminate flooring. The galley style kitchen is equipped with a stainless steel Samsung 5 burner gas range. The home has low maintenance LVP and tile flooring throughout the home. The bedrooms are nice sized with ample closet space. A 1 year home warranty is being offered for the new buyers peace of mind. Schedule your showing today
Unit Size
1,074 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$232
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1989

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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: 2 years ago (ECAR MLS #930972)

Price History

Date / Event Date Event Price
Dec 4, 2023 Sold
Premium
Sold
Aug 28, 2023 Listed by Keller Williams Realty FWB $249,000
Listed by Keller Williams Realty FWB
Jan 16, 2019 Sold
Premium
Sold
Dec 15, 2018 No longer available -
No longer available
Jul 21, 2015 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • 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: 228
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,804
  • Total Building Area: 1,332
  • Gross Building Area: 1,332
  • Building Area: 1,074
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,074
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHOAL TERRACE EST
  • Land Acres: 0000000202
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SHOAL TERRACE EST LOT 20 BLK B

Neighborhood

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

Geography

  • Assessors Map Reference: 15C
  • Parcel: 29-3N-23-2215-000B-0200
  • Block: B
  • Lot: 20
  • Meridian: SEC 29 TWN 03N RNG 23W
  • Municipality: CRESTVIEW
  • Latitude: 30.7254
  • Longitude: -86.562

    Address

  • Full Address: 151 Oak Terrace Dr
  • Address - House Number: 151
  • 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: $230,585
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.0808
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 94
  • Final Value: 241,312
  • High Value: 260,820
  • Low Value: 221,804

    Market Valuation

  • Market Total Value: $169,462
  • Market Land Value: $40,000
  • Market Improvement Value: $129,462

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,462
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $129,462

    Sales

  • Current Sale Contract Date: Nov 28, 2023
  • Current Sale Recording Date: Dec 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3660314
  • Previous Sale Recording Date: Jan 16, 2019
  • Previous Sale Contract Date: Jan 14, 2019
  • Previous Sale Amount: $127,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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: Green Beret Group, Keller Williams Realty FWB
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 930972
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 151 Oak Terrace Drive built and last sold?
The property at 151 Oak Terrace Drive was built in 1989 and last sold on Nov 28, 2023 for $249,000.
How much is this home worth?
The estimated value of the home located at 151 Oak Terrace Drive is $0.
What are some comparable homes to 151 Oak Terrace Drive?
There are currently no comparable homes to 151 Oak Terrace Drive.
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