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Okaloosa 32578 Magnolia Forest
1734 Wren Way
$335,000
● House - Off Market

1734 Wren Way

Niceville, FL 32578
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,100 Ft²
$596,030
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

This beautiful like-new home has been meticulously maintained and designed for carefree living. All floors are tile and all surfaces are hypo allergenic. The design is one level and all hallways and doorways are extra wide to accommodate a wheel chair if necessary. The floor plan is very open and has lots of glass making each room bright and filled with sunshine. All windows and doors are hurricane rated for safety and peace of mind. There is a screened porch off the main living area and another sun filled patio just off the screened porch. Both outdoor living areas have gas connections for outdoor cooking. There is a gas fireplace in the main living area and a breakfast room off the kitchen plus a formal dining room. The bedrooms are arranged in a split plan for privacy.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$166
Property Type
House
Property Taxes
$269
HOA Dues
$75
Year Built
2006

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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 #748040)

Price History

Date / Event Date Event Price
Nov 17, 2016 Sold
Premium
Sold
May 20, 2016 Sold
Premium
Sold
Mar 2, 2016 Listed by Platinum Realty LLC $349,000
Listed by Platinum Realty LLC

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • 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: 605
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,560
  • Total Building Area: 2,920
  • Gross Building Area: 2,920
  • Building Area: 2,009
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,009
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAGNOLIA FOREST S/D
  • Land Acres: 0000000242
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: MAGNOLIA FOREST S/D LOT 21

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021002

Geography

  • Assessors Map Reference: 30
  • Parcel: 15-1S-22-2115-0000-0210
  • Lot: 21
  • Meridian: SEC 15 TWN 01S RNG 22W
  • Municipality: NORTH BAY FIRE
  • Latitude: 30.4918
  • Longitude: -86.4434

    Address

  • Full Address: 1734 Wren Way
  • Address - House Number: 1734
  • Address - Street Name: Wren
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Niceville
  • Carrier Code: R012
  • 4-Digit Zip Code: 7102
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 2,497
  • Tax Year: 2023
  • Tax Amount: $375,244
  • Tax Rate Code Area: 014

    Appraisal Valuation

  • Standard Deviation: 0.2576
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 534,238
  • High Value: 671,879
  • Low Value: 396,598

    Market Valuation

  • Market Total Value: $539,133
  • Market Land Value: $90,300
  • Market Improvement Value: $448,833

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,525

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 14, 2016
  • Current Sale Recording Date: Nov 17, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 3102346
  • Previous Sale Recording Date: May 20, 2016
  • Previous Sale Contract Date: May 17, 2016
  • Previous Sale Amount: $335,000
  • 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 Bluewater Bay

Stats & Trends

Median Asking:

$495,000

Sale Price/ft²

$258

Below Asking

0.01%

Average Days on Market

67

Average Home Size

2074 ft²

Average Home Age

30.9 years

Currently For Sale

51 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: Ginger J Lundstrom, Platinum Realty LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 748040
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 1734 Wren Way built and last sold?
The property at 1734 Wren Way was built in 2006 and last sold on Nov 14, 2016 for $335,000.
How much is this home worth?
The estimated value of the home located at 1734 Wren Way is $0.
What are some comparable homes to 1734 Wren Way?
There are currently no comparable homes to 1734 Wren Way.
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