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Okaloosa 32578
1579 Cedar Street
$260,000
● House - Off Market

1579 Cedar Street

Niceville, FL 32578
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,760 Ft²
$518,279
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

A beautiful must see home with all the nicest high end touches. Floors are hardwood in the living area, large laundry/office space, kitchen has bead board cabinets, master bedroom and bath are at the back of the property with separated shower and jetted tub and split from other two bedrooms. Front and back porches and carport ceilings are tongue in groove wood with ceiling fans, awesome trees, dog fence in back yard and privacy fence on perimeter of lot. Seminole is zoned agricultural and these large lots offer a ton of choices for owners. Home is zoned for Bluewater Bay Elementary and convenient to Bluewater Bay, Destin's Mid Bay Bridge toll road and Eglin reservation. Very close by is the EOD school! Great house, awesome location and move in ready.
Unit Size
1,760 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$159
Property Type
House
Property Taxes
$157
HOA Dues
-
Year Built
2007

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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 #707276)

Price History

Date / Event Date Event Price
Aug 21, 2014 Sold
Premium
Sold
Jun 8, 2014 Listed by Southwind Property Management $279,000
Listed by Southwind Property Management
Dec 12, 2006 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • 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
  • Parking Type: 1
  • Garage Type: 3
  • Garage Square Area: 528
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,598
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,864
  • Gross Building Area: 2,864
  • Building Area: 1,760
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,760
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEMINOLE S/D
  • Land Acres: 0000000450
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SEMINOLE S/D LOT 36 BLK C

Neighborhood

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

Geography

  • Assessors Map Reference: 40
  • Parcel: 24-1S-22-223A-000C-0360
  • Block: C
  • Lot: 36
  • Meridian: SEC 24 TWN 01S RNG 22W
  • Municipality: NORTH BAY FIRE
  • Latitude: 30.4873
  • Longitude: -86.4084

    Address

  • Full Address: 1579 Cedar St
  • Address - House Number: 1579
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: FL
  • City Name: Niceville
  • Carrier Code: R006
  • 4-Digit Zip Code: 8702
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 2,209
  • Tax Year: 2023
  • Tax Amount: $413,509
  • Tax Rate Code Area: 014

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 454,230
  • High Value: 535,198
  • Low Value: 373,263

    Market Valuation

  • Market Total Value: $347,480
  • Market Land Value: $67,895
  • Market Improvement Value: $279,585

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $347,480
  • Assessed Land Value: $67,895
  • Assessed Improvements Value: $279,585

    Sales

  • Current Sale Contract Date: Aug 20, 2014
  • Current Sale Recording Date: Aug 21, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2946384
  • Previous Sale Recording Date: Dec 12, 2006
  • Previous Sale Contract Date: Dec 06, 2006
  • Previous Sale Amount: $95,000
  • 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:

$372,500

Sale Price/ft²

$220

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1818 ft²

Average Home Age

28.1 years

Currently For Sale

1677 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: Jean S Brooks, Southwind Property Management
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 707276
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 1579 Cedar Street built and last sold?
The property at 1579 Cedar Street was built in 2007 and last sold on Aug 20, 2014 for $260,000.
How much is this home worth?
The estimated value of the home located at 1579 Cedar Street is $0.
What are some comparable homes to 1579 Cedar Street?
There are currently no comparable homes to 1579 Cedar Street.
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