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Washington 32428
1754 SALEM Drive
Photo of 1754 SALEM Drive
Sold on Apr 28, 2017

21

Map

Photo of 1754 SALEM Drive
Photo of 1754 SALEM Drive
$61,000
● House - Off Market

1754 SALEM Drive

Chipley, FL 32428
bedrooms
3 Beds
bathrooms
1 Bath
square feet
996 Ft²
$105,161
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

Affordable and move-in ready! This is such a cute home. If you want a turn-key home with a very low payment this home needs to be yours. It has been completely renovated and updated to include NEW: wood-look planked laminate flooring, tile, double stainless steel sink in the kitchen, ceiling fans, LED lighting, Nest Wifi connected thermostat, Nest smoke alarm, energy efficient self-cleaning Rheem Wifi and digital water heater, energy efficient Rheem heating and cooling system, ceiling fans, paint, and a nice storage building in the back yard. This home is green/energy efficient throughout. Also, you will enjoy and appreciate the screened in back porch. Sunny Hills has several lakes, boat launches, an 18 hole golf course, and a clubhouse. It is located within 12 miles to I-10...
Unit Size
996 Ft²
Days on Market
129 days
Land Size
0.20 acres
Price per sqft
$65
Property Type
House
Property Taxes
$52
HOA Dues
-
Year Built
1971

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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 months ago ( #652727)

Price History

Date / Event Date Event Price
May 1, 2017 Sold
Premium
Sold
Nov 15, 2016 Listed by Barbee Realty, Inc $64,497
Listed by Barbee Realty, Inc
Aug 25, 2015 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Frontage Feet: 782
  • Total Building Area: 1,176
  • Gross Building Area: 1,176
  • Building Area: 996
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 996
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNNY HILLS
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0120
  • State Land Use Code: 0120
  • Legal Description 1: SUNNY HILLS UNIT #4 LOT 33 ORB 1087 P 586 BLK 0191

Neighborhood

  • School District Name: Washington County School District
  • Census Tract: 970301

Geography

  • Parcel: 00000000-04-0191-0033
  • Block: 33
  • Lot: 33
  • Meridian: SEC 30 TWN 02S RNG 13W
  • Municipality: SUNNY HILLS
  • Latitude: 30.5449
  • Longitude: -85.5824

    Address

  • Full Address: 1754 Salem Dr
  • Legal Unit: 4
  • Address - House Number: 1754
  • Address - Street Name: Salem
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Chipley
  • Carrier Code: R006
  • 4-Digit Zip Code: 2918
  • Zip Code: 32428

Valuation

    Tax

  • Total Area: 1,050
  • Tax Year: 2022
  • Tax Amount: $40,577
  • Tax Rate Code Area: 0007

    Appraisal Valuation

  • Standard Deviation: 0.4381
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 12
  • Final Value: 71,965
  • High Value: 103,498
  • Low Value: 40,431

    Market Valuation

  • Market Total Value: $84,435
  • Market Land Value: $3,500
  • Market Improvement Value: $80,935

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,115

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 22, 2017
  • Current Sale Recording Date: May 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201767002543
  • Previous Sale Recording Date: Aug 25, 2015
  • Previous Sale Contract Date: Aug 19, 2015
  • Previous Sale Amount: $55,000
  • 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 Washington

Stats & Trends

Median Asking:

$248,950

Sale Price/ft²

$162

Below Asking

0.01%

Average Days on Market

90

Average Home Size

1704 ft²

Average Home Age

26.6 years

Currently For Sale

114 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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Frequently Asked Questions

When was property at 1754 Salem Drive built and last sold?
The property at 1754 Salem Drive was built in 1971 and last sold on Apr 22, 2017 for $61,000.
How much is this home worth?
The estimated value of the home located at 1754 Salem Drive is $70,043.
What are some comparable homes to 1754 Salem Drive?
There are currently no comparable homes to 1754 Salem Drive.
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