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Bay 32405 St. Andrews Bay
165 Drews Lane
Photo of 165 Drews Lane
Sold on Nov 18, 2020

26

Map

Photo of 165 Drews Lane
Photo of 165 Drews Lane
$282,900
● House - Off Market

165 Drews Lane

Lynn Haven, FL 32405
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,688 Ft²
$374,983
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

NEW CONSTRUCTION, CAMRYN'S CROSSING II subdivision in Lynn Haven, built by Southern Coastal Homes. INTERIOR features of this coastal inspired home offer a private Foyer entrance that leads to a large, Great Room with tray ceiling. Kitchen with center island, custom cabinetry, & stainless steel appliances leads into dining area and is open to the great room as well. Master Suite has tray ceiling, double vanity, garden tub, and large walk-in closet. Spacious covered patio just off Great Room makes this home perfect for entertaining. EXTERIOR-This ALL BRICK home features a 2 car garage, covered lanai, covered front porch, fully sodded yard with Rain Bird sprinkler system. Cam II includes playground & walking park. Includes features of the DESIGN BOARD in documents(subject to change).
Unit Size
1,688 Ft²
Days on Market
20 days
Land Size
0.15 acres
Price per sqft
$168
Property Type
House
Property Taxes
$10
HOA Dues
$42
Year Built
2020

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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: 3 months ago ( #700489)

Price History

Date / Event Date Event Price
Mar 21, 2024 Sold
Premium
Sold
Nov 20, 2020 Sold
Premium
Sold
Aug 3, 2020 Listed by CENTURY 21 Commander Realty $282,900
Listed by CENTURY 21 Commander Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,621
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 530
  • Total Building Area: 2,040
  • Gross Building Area: 2,040
  • Building Area: 1,640
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,640
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAMRYNS CROSSING PH II
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • Legal Description 1: CAMRYNS CROSSING PH II LOT 55 ORB 4327 P 2299

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 001301

Geography

  • Subdivision Phase Number: 2
  • Parcel: 11528-575-550
  • Lot: 55
  • Meridian: SEC 14 TWN 03S RNG 14W
  • Municipality: CITY OF LYNN HAVEN
  • Latitude: 30.2209
  • Longitude: -85.6206

    Address

  • Full Address: 165 Drews Ln
  • Address - House Number: 165
  • Address - Street Name: Drews
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Panama City
  • Carrier Code: R011
  • 4-Digit Zip Code: 5618
  • Zip Code: 32405

Valuation

    Tax

  • Total Area: 1,946
  • Tax Year: 2023
  • Tax Amount: $418,618
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.0978
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 349,771
  • High Value: 383,980
  • Low Value: 315,562

    Market Valuation

  • Market Total Value: $266,280
  • Market Land Value: $56,177
  • Market Improvement Value: $210,103

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $266,280
  • Assessed Land Value: $56,177
  • Assessed Improvements Value: $210,103

    Sales

  • Current Sale Contract Date: Mar 21, 2024
  • Current Sale Recording Date: Mar 21, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16434
  • Previous Sale Recording Date: Nov 20, 2020
  • Previous Sale Contract Date: Nov 18, 2020
  • Previous Sale Amount: $282,900
  • Previous Sale Document Type: 68
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 St. Andrews Bay

Stats & Trends

Median Asking:

$330,000

Sale Price/ft²

$184

Below Asking

0.02%

Average Days on Market

89

Average Home Size

1977 ft²

Average Home Age

19.1 years

Currently For Sale

224 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 165 Drews Lane built and last sold?
The property at 165 Drews Lane was built in 2020 and last sold on Mar 21, 2024 for $358,000.
How much is this home worth?
The estimated value of the home located at 165 Drews Lane is $288,124.
What are some comparable homes to 165 Drews Lane?
There are currently no comparable homes to 165 Drews Lane.
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