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Okaloosa 32578
1759 Laredo Avenue
$177,000
● House - Off Market

1759 Laredo Avenue

Niceville, FL 32578
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,877 Ft²
$316,306
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

With a little love, this 3 bedroom, 2 bath REO home in Niceville would be the perfect residence or long term rental investment. The home features an open floor plan with the Master on the 1st floor, a fenced backyard with a pool, vaulted ceilings and attic for additional storage and an attached 2 car garage. The location is convenient to shopping, schools, Military Bases, restaurants and employment opportunities!
Unit Size
1,877 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$100
Property Type
House
Property Taxes
$187
HOA Dues
-
Year Built
2001

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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 #762574)

Price History

Date / Event Date Event Price
May 9, 2017 Sold
Premium
Sold
Dec 5, 2016 Sold
Premium
Sold
Oct 14, 2016 Listed by Keller Williams Realty Destin $188,000
Listed by Keller Williams Realty Destin

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • 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: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 383
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,499
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,486
  • Gross Building Area: 2,486
  • Building Area: 1,877
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,877
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALPARAISO P/C
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: VALPARAISO P/C 6 LOTS 23 BLK 31

Neighborhood

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

Geography

  • Assessors Map Reference: 23
  • Parcel: 05-1S-22-256F-0031-0230
  • Block: 31
  • Lot: 23
  • Meridian: SEC 05 TWN 01S RNG 22W
  • Municipality: EAST NICEVILLE FIRE
  • Latitude: 30.5031
  • Longitude: -86.4571

    Address

  • Full Address: 1759 Laredo Ave
  • Address - House Number: 1759
  • Address - Street Name: Laredo
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Niceville
  • Carrier Code: R005
  • 4-Digit Zip Code: 4609
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 2,102
  • Tax Year: 2023
  • Tax Amount: $236,689
  • Tax Rate Code Area: 015

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 507,372
  • High Value: 605,553
  • Low Value: 409,191

    Market Valuation

  • Market Total Value: $324,871
  • Market Land Value: $47,434
  • Market Improvement Value: $277,437

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,139

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 08, 2017
  • Current Sale Recording Date: May 09, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3133785
  • Previous Sale Recording Date: Dec 05, 2016
  • Previous Sale Contract Date: Nov 16, 2016
  • Previous Sale Amount: $177,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: FIX
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:

$378,025

Sale Price/ft²

$226

Below Asking

0.02%

Average Days on Market

81

Average Home Size

1818 ft²

Average Home Age

28.1 years

Currently For Sale

1678 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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ECAR

Listed by: The Kelly Group Team, Keller Williams Realty Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 762574
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 1759 Laredo Avenue built and last sold?
The property at 1759 Laredo Avenue was built in 2001 and last sold on May 8, 2017 for $280,000.
How much is this home worth?
The estimated value of the home located at 1759 Laredo Avenue is $203,409.
What are some comparable homes to 1759 Laredo Avenue?
There are currently no comparable homes to 1759 Laredo Avenue.
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