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Miramar Beach 32550
224 Chase Run
$213,000
● House - Off Market

224 Chase Run

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,549 Ft²
$375,753
RealtyHop Estimate
77.24%
Since Feb 1, 2016
National-US
Primary Model

About This Property

What a fantastic all brick 3 bedroom, 2 bath REO home in Bay Bridge Landing in Miramar Beach! The home features a gas fireplace, beautiful laminate wood flooring, ceramic tile, raised ceilings, granite countertops, almost new stainless gas stove and is located on a cul-de-sac! The yard will be great for entertaining family and friends and the location is close to all the Resort has to offer! This is a Fannie Mae Homepath Property
Unit Size
1,549 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$137
Property Type
House
Property Taxes
$84
HOA Dues
$85
Year Built
1994

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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 #740946)

Price History

Date / Event Date Event Price
Jul 31, 2018 Sold
Premium
Sold
Dec 19, 2016 Sold
Premium
Sold
Jan 22, 2016 Sold
Premium
Sold
Oct 29, 2015 Listed by Keller Williams Realty Destin $212,000
Listed by Keller Williams Realty Destin

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,670
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,989
  • Gross Building Area: 1,989
  • Building Area: 1,549
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,549
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAY BRIDGE LANDING
  • Land Acres: 0000000222
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 28 BAY BRIDGE LANDING PB 8-40 OR 855-187 OR 1021-219 OR 1304-172 OR 2993-3397 OR 3000-1461 OR 3018-1587 OR 3028-3563 OR 3080-4826

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950608

Geography

  • Assessors Map Reference: S2-29-21
  • Parcel: 29-2S-21-42940-000-0280
  • Block: 2
  • Lot: 28
  • Meridian: SEC 29 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.387
  • Longitude: -86.3706

    Address

  • Full Address: 224 Chase Run
  • Address - House Number: 224
  • Address - Street Name: Chase
  • Address - Suffix Type: Run
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 4667
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 1,812
  • Tax Year: 2022
  • Tax Amount: $175,167
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2318
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 560,403
  • High Value: 690,351
  • Low Value: 430,456

    Market Valuation

  • Market Total Value: $354,110
  • Market Land Value: $86,874
  • Market Improvement Value: $267,236

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $227,186

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 30, 2018
  • Current Sale Recording Date: Jul 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018000025647
  • Previous Sale Recording Date: Dec 19, 2016
  • Previous Sale Contract Date: Dec 16, 2016
  • Previous Sale Amount: $265,000
  • 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 Miramar Beach

Stats & Trends

Median Asking:

$737,500

Sale Price/ft²

$500

Below Asking

0.03%

Average Days on Market

82

Average Home Size

1706 ft²

Average Home Age

26.5 years

Currently For Sale

980 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: The Kelly Group Team, Keller Williams Realty Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 740946
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 224 Chase Run built and last sold?
The property at 224 Chase Run was built in 1994 and last sold on Jul 30, 2018 for $300,000.
How much is this home worth?
The estimated value of the home located at 224 Chase Run is $0.
What are some comparable homes to 224 Chase Run?
There are currently no comparable homes to 224 Chase Run.
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