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Okaloosa 32578
1515 PINE Street
$185,000
● House - Off Market

1515 PINE Street

Niceville, FL 32578
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,280 Ft²
$354,288
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

This is a unique opportunity to own a newercustom built home on a half acre lot, zoned agricultural, backed up to Eglin reservation that you can enjoy! This darling home features vaulted wood ceilings, gorgeous custom hickory cabinets, jack and jill bath between two bedrooms and a half bath attached to the very nice sized laundry room. The back yard is fenced and has beautiful trees. There is a screened in porch across the back of the house and an oversized garage with one side for your RV and one side for your vehicle plus added storage. Do not miss this opportunity to enjoy the relaxed environment of Seminole where you can enjoy the benefits of agricultural zoning, Bluewater Elementary School and be just next door to the EOD school, convenient to beachs and the night life in Destin
Unit Size
1,280 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$155
Property Type
House
Property Taxes
$163
HOA Dues
-
Year Built
2007

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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 #725257)

Price History

Date / Event Date Event Price
Jun 30, 2015 Sold
Premium
Sold
Mar 16, 2015 Listed by Southwind Property Management $199,000
Listed by Southwind Property Management

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • 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
  • Parking Type: 1
  • Garage Type: 4
  • Garage Square Area: 720
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,313
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,584
  • Gross Building Area: 2,584
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEMINOLE S/D
  • Land Acres: 0000000466
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SEMINOLE S/D LOT 23 BLK B

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021001

Geography

  • Assessors Map Reference: 40
  • Parcel: 24-1S-22-223A-000B-0230
  • Block: B
  • Lot: 23
  • Meridian: SEC 24 TWN 01S RNG 22W
  • Municipality: NORTH BAY FIRE
  • Latitude: 30.4829
  • Longitude: -86.4071

    Address

  • Full Address: 1515 Pine St
  • Address - House Number: 1515
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: FL
  • City Name: Niceville
  • Carrier Code: R001
  • 4-Digit Zip Code: 9785
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 1,967
  • Tax Year: 2023
  • Tax Amount: $181,627
  • Tax Rate Code Area: 014

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 375,911
  • High Value: 448,654
  • Low Value: 303,169

    Market Valuation

  • Market Total Value: $273,909
  • Market Land Value: $67,895
  • Market Improvement Value: $206,014

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $191,120

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 22, 2015
  • Current Sale Recording Date: Jun 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3006943
  • Previous Sale Recording Date: Apr 18, 2008
  • Previous Sale Contract Date: Apr 15, 2008
  • 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:

$372,500

Sale Price/ft²

$220

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1848 ft²

Average Home Age

28.9 years

Currently For Sale

2384 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

Rentals Near You

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ECAR

Listed by: Jean S Brooks, Southwind Property Management
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 725257
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 1515 Pine Street built and last sold?
The property at 1515 Pine Street was built in 2007 and last sold on Jun 22, 2015 for $185,000.
How much is this home worth?
The estimated value of the home located at 1515 Pine Street is $210,653.
What are some comparable homes to 1515 Pine Street?
There are currently no comparable homes to 1515 Pine Street.
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