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Okaloosa 32578
1721 Pine Avenue
$299,000
● House - Off Market

1721 Pine Avenue

Niceville, FL 32578
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,162 Ft²
$505,801
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

2015 home located in an established neighborhood at the heart of Niceville. Zoned for top schools in the area. This craftsman style home features an all brick exterior on a large lot. Inside you will find tile through out the living and wet areas and carpeted bedrooms. The open concept floor plan makes living in this home very comfortable with plenty of space to entertain your guests. All the while the bedrooms are neatly tucked away if it is peace and quiet you are looking for. This home features many wonderful details including granite countertops in the kitchen and bathrooms, trey ceilings with recessed lighting in the living room and master bedroom and a cable tv hook up on the back porch where you can enjoy an evening watching the ball game al fresco. Make an appointment today.
Unit Size
2,162 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$138
Property Type
House
Property Taxes
$42
HOA Dues
-
Year Built
2015

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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 #752053)

Price History

Date / Event Date Event Price
Dec 1, 2023 Sold
Premium
Sold
Jul 21, 2016 Sold
Premium
Sold
May 5, 2016 Listed by Keller Williams Realty Nville $299,000
Listed by Keller Williams Realty Nville
Apr 9, 2015 Sold
Premium
Sold
Jan 14, 2015 Listed by Keller Williams Realty Nville $264,900
Listed by Keller Williams Realty Nville

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • 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: 440
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,766
  • Gross Building Area: 2,766
  • Building Area: 2,162
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,162
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALP P/C
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: VALP P/C #6 LOT 22 BLK 79

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021102

Geography

  • Assessors Map Reference: 23
  • Parcel: 05-1S-22-256F-0079-0210
  • Block: 79
  • Lot: 22
  • Meridian: SEC 05 TWN 01S RNG 22W
  • Municipality: EAST NICEVILLE FIRE
  • Latitude: 30.4991
  • Longitude: -86.4615

    Address

  • Full Address: 1721 Pine Ave
  • Address - House Number: 1721
  • Address - Street Name: Pine
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Niceville
  • Carrier Code: R005
  • 4-Digit Zip Code: 4600
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 2,453
  • Tax Year: 2023
  • Tax Amount: $304,680
  • Tax Rate Code Area: 015

    Appraisal Valuation

  • Standard Deviation: 0.0808
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 94
  • Final Value: 454,931
  • High Value: 491,708
  • Low Value: 418,153

    Market Valuation

  • Market Total Value: $453,274
  • Market Land Value: $56,469
  • Market Improvement Value: $396,805

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $273,317

    Sales

  • Current Sale Contract Date: Nov 28, 2023
  • Current Sale Recording Date: Dec 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3659980
  • Previous Sale Recording Date: Jul 21, 2016
  • Previous Sale Contract Date: Jul 14, 2016
  • Previous Sale Amount: $299,000
  • 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 Okaloosa

Stats & Trends

Median Asking:

$379,000

Sale Price/ft²

$226

Below Asking

0.02%

Average Days on Market

80

Average Home Size

1821 ft²

Average Home Age

28.5 years

Currently For Sale

1621 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: Timothy Seketa, Keller Williams Realty Nville
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 752053
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 1721 Pine Avenue built and last sold?
The property at 1721 Pine Avenue was built in 2015 and last sold on Nov 28, 2023 for $475,000.
How much is this home worth?
The estimated value of the home located at 1721 Pine Avenue is $0.
What are some comparable homes to 1721 Pine Avenue?
There are currently no comparable homes to 1721 Pine Avenue.
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