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Suwannee 32060
18001 229th Drive
Photo of 18001 229th Drive
Sold on Oct 15, 2021

1

Map

$200,000
● House - Off Market

18001 229th Drive

Live Oak, FL 32060
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,144 Ft²
$225,091
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Beautiful home on the Suwannee River
Unit Size
1,144 Ft²
Days on Market
7 days
Land Size
-
Price per sqft
$175
Property Type
House
Property Taxes
$208
HOA Dues
-
Year Built
2006

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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: 5 months ago (Space Coast MLS #917840)

Price History

Date / Event Date Event Price
Oct 13, 2021 Sold
Premium
Sold
Oct 8, 2021 Listed by Brownfield R. E. Group. Inc. $200,000
Listed by Brownfield R. E. Group. Inc.
Apr 11, 2016 Sold
Premium
Sold
Oct 15, 2010 Sold
Premium
Sold

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 5
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 49
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,155
  • Lot Size Frontage Feet: 1,960
  • Total Building Area: 1,404
  • Gross Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,404
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUWANNEE RIDGE
  • Land Acres: 0000002001
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LEG LOT 23 SUWANNEE RIDGE UNIT I ORB 2305 P 111-12 WD YR 2022 (JTWFROS)

Neighborhood

  • School District Name: Suwannee County School District
  • Census Tract: 970303

Geography

  • Assessors Map Reference: 00014C
  • Parcel: 21-04S-11E-11999-001230
  • Lot: 23
  • Meridian: SEC 21 TWN 04S RNG 11E
  • Municipality: COUNTY
  • Latitude: 30.1215
  • Longitude: -83.2241

    Address

  • Full Address: 18001 229th Dr
  • Legal Unit: 1
  • Address - House Number: 18001
  • Address - Street Name: 229th
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Live Oak
  • Carrier Code: R012
  • 4-Digit Zip Code: 5104
  • Zip Code: 32060

Valuation

    Tax

  • Total Area: 1,403
  • Tax Year: 2022
  • Tax Amount: $294,961
  • Tax Rate Code Area: CO

    Appraisal Valuation

  • Standard Deviation: 0.4362
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 224,177
  • High Value: 321,984
  • Low Value: 126,369

    Market Valuation

  • Market Total Value: $174,539
  • Market Land Value: $47,040
  • Market Improvement Value: $127,499

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $174,539
  • Assessed Land Value: $47,040
  • Assessed Improvements Value: $127,499

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Oct 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021244271
  • Previous Sale Recording Date: Apr 11, 2016
  • Previous Sale Contract Date: Apr 08, 2016
  • Previous Sale Amount: $180,000
  • 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 Suwannee

Stats & Trends

Median Asking:

$319,000

Sale Price/ft²

$206

Below Asking

0.03%

Average Days on Market

72

Average Home Size

2272 ft²

Average Home Age

45.7 years

Currently For Sale

21 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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SpaceCoast

Listed by: Marianne Brownfield, Brownfield R. E. Group. Inc.
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 917840
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 18001 229th Drive built and last sold?
The property at 18001 229th Drive was built in 2006 and last sold on Oct 13, 2021 for $200,000.
How much is this home worth?
The estimated value of the home located at 18001 229th Drive is $0.
What are some comparable homes to 18001 229th Drive?
There are currently no comparable homes to 18001 229th Drive.
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