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Okaloosa 32578 Woodlands
197 Wright Circle
$239,000
● House - Off Market

197 Wright Circle

Niceville, FL 32578
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,295 Ft²
$362,727
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Wonderful, updated and well maintained home in the Bluewater area. The home is situated on a large corner lot with green luscious grass, privacy fenced back yard and paver patio with fire pit! As you enter the home you are graced with wood laminate flooring, vaulted ceilings, plantation shutters throughout, an updated kitchen, stainless steel appliances, and granite counters. The home has been freshly painted in a neutral grey. The master bedroom is on the main floor and the master bathroom has been updated with a dual sink vanity, tub and shower. Upstairs are two good-sized bedrooms and a hall bathroom with tub and shower surround. The two car garage houses an enclosed heated and cooled 120 square foot space (not listed in sf) which would be fantastic to use as workout space or office!
Unit Size
1,295 Ft²
Days on Market
-
Land Size
-
Price per sqft
$185
Property Type
House
Property Taxes
$100
HOA Dues
$128
Year Built
1990

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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 #808890)

Price History

Date / Event Date Event Price
May 19, 2023 Sold
Premium
Sold
Nov 29, 2018 Sold
Premium
Sold
Oct 4, 2018 Listed by Berkshire Hathaway HomeServices PenFed Realty $239,000
Listed by Berkshire Hathaway HomeServices PenFed Realty
Jun 30, 2016 Sold
Premium
Sold
May 18, 2016 Listed by Berkshire Hathaway HomeServices PenFed Realty $208,000
Listed by Berkshire Hathaway HomeServices PenFed Realty
Updated kitchen, whole house painted, wood flooring, plantation shutters, paver rear patio, and converted partial garage space into heated and cooled office/workout room.
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 380
  • Parking Space Count: 0
  • Patio Type: 55
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,956
  • Total Building Area: 1,710
  • Gross Building Area: 1,710
  • Building Area: 1,295
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,295
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIGO VILLAGE
  • Land Acres: 0000000114
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: INDIGO VILLAGE LOT 1 BLK B

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021001

Geography

  • Assessors Map Reference: 39
  • Parcel: 23-1S-22-4526-000B-0010
  • Block: B
  • Lot: 1
  • Meridian: SEC 23 TWN 01S RNG 22W
  • Municipality: NORTH BAY FIRE
  • Latitude: 30.4783
  • Longitude: -86.4117

    Address

  • Full Address: 197 Wright Cir
  • Address - House Number: 197
  • Address - Street Name: Wright
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Niceville
  • Carrier Code: R006
  • 4-Digit Zip Code: 4231
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 1,515
  • Tax Year: 2023
  • Tax Amount: $169,433
  • Tax Rate Code Area: 014

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 357,343
  • High Value: 421,041
  • Low Value: 293,646

    Market Valuation

  • Market Total Value: $245,945
  • Market Land Value: $81,474
  • Market Improvement Value: $164,471

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,873

    Sales

  • Current Sale Contract Date: May 17, 2023
  • Current Sale Recording Date: May 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3624609
  • Previous Sale Recording Date: Nov 29, 2018
  • Previous Sale Contract Date: Nov 27, 2018
  • Previous Sale Amount: $239,000
  • 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 Bluewater Bay

Stats & Trends

Median Asking:

$484,375

Sale Price/ft²

$259

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2104 ft²

Average Home Age

31.6 years

Currently For Sale

68 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: Amanda Grandy, Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 808890
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 197 Wright Circle built and last sold?
The property at 197 Wright Circle was built in 1990 and last sold on May 17, 2023 for $356,000.
How much is this home worth?
The estimated value of the home located at 197 Wright Circle is $246,248.
What are some comparable homes to 197 Wright Circle?
There are currently no comparable homes to 197 Wright Circle.
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