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Lynn Haven 32444 Gulf Coast VIllage
2007 Geralo Lane
Photo of 2007 Geralo Lane
Sold on Jul 27, 2021

19

Map

Photo of 2007 Geralo Lane
Photo of 2007 Geralo Lane
$225,000
● House - Off Market

2007 Geralo Lane

Lynn Haven, FL 32444
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,343 Ft²
$283,047
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

'CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS'

WELCOME TO LYNN HAVEN !!

Congrats, by reading this you have an opportunity to buy a home that has just finished extensive hurricane repairs and upgrades. It's quite a list of things you really need to see to appreciate. Just to name a few of the updates: NEW kitchen cabinets, AND countertops, AND stainless steel appliances. You will want to act pretty fast, affordable, updated, Lynn Haven homes in this price range go very quickly.
Unit Size
1,343 Ft²
Days on Market
49 days
Land Size
0.23 acres
Price per sqft
$182
Property Type
House
Property Taxes
$95
HOA Dues
-
Year Built
1985

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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: 17 days ago ( #712596)

Price History

Date / Event Date Event Price
Jul 27, 2021 Sold
Premium
Sold
Jun 8, 2021 Listed by Bay Heritage Realty, LLC $244,900
Listed by Bay Heritage Realty, LLC

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 55
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,105
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,620
  • Gross Building Area: 1,620
  • Building Area: 1,620
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,620
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GULF COAST VILLAGE
  • Land Acres: 0000000232
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: GULF COAST VILLAGE UNIT 1 LOT 8 ORB 4439 P 1388 (103B2)

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 001404

Zoning

  • Zoning: A

Geography

  • Parcel: 11633-219-000
  • Lot: 8
  • Meridian: SEC 16 TWN 03S RNG 14W
  • Municipality: CITY OF LYNN HAVEN
  • Latitude: 30.2275
  • Longitude: -85.6517

    Address

  • Full Address: 2007 Geralo Ln
  • Legal Unit: 1
  • Address - House Number: 2007
  • Address - Street Name: Geralo
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Lynn Haven
  • Carrier Code: C010
  • 4-Digit Zip Code: 4283
  • Zip Code: 32444

Valuation

    Tax

  • Total Area: 1,649
  • Tax Year: 2023
  • Tax Amount: $305,817
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.2554
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 63
  • Final Value: 319,262
  • High Value: 400,808
  • Low Value: 237,716

    Market Valuation

  • Market Total Value: $199,481
  • Market Land Value: $41,467
  • Market Improvement Value: $158,014

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $194,773

    Sales

  • Current Sale Contract Date: Jul 27, 2021
  • Current Sale Recording Date: Jul 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021057555
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 Gulf Coast VIllage

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

1204 ft²

Average Home Age

41 years

Currently For Sale

1 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 2007 Geralo Lane built and last sold?
The property at 2007 Geralo Lane was built in 1985 and last sold on Jul 27, 2021 for $225,000.
How much is this home worth?
The estimated value of the home located at 2007 Geralo Lane is $243,368.
What are some comparable homes to 2007 Geralo Lane?
There are currently no comparable homes to 2007 Geralo Lane.
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