See Home Value
Freeport 32439
229 Madison Street
$430,000
● House - Off Market

229 Madison Street

Freeport, FL 32439
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,898 Ft²
$2,456
Est. Monthly
4.68%
Cap Rate

About This Property

Accepting Back Up Offer!

3 bedroom, 2 bathroom home with flex room, eat-in-kitchen, and formal dining room.

Lots of potential for the 644 sq. foot accessory dwelling complete with air conditioning, tankless water heater, living area, bedroom, and full bathroom.

Property is 1.37 acres and zoned R3.  R3 details from the City of Freeport can be found in the documents.

Roof: July 2024

HVAC: 2019

Water Heater: 2021

Newly installed vinyl plank flooring, fresh paint inside and out (including on the cabinets), updated bathrooms, and stainless steel appliances including a new range.

The property welcomes you with a spacious lawn and beautiful oak trees, along with some fruit-producing trees, a garden, and compost. The location is superb, offering convenience at every turn. Shopping is just 0.1 miles away, restaurants are 0.4 miles, gas stations are 0.3 miles, and local schools, the Freeport Public Library, public pool, and City Hall are all within 0.5 miles - the hub of local events. The Regional Sports Complex, with youth and adult sports opportunities, walking trails, outdoor exercise equipment, and a disc golf course, is 1.5 miles away. Launch your boat from the Four Mile Creek Landing boat launch, less than half a mile from your doorstep, and explore the area by water. And if that's not enough, the white sand beaches of the Gulf of Mexico and 30A are less than 15 miles away.

2.5% VA Assumable Loan to qualified VA eligible buyers using their own entitlements.

This unique property is a one-of-a-kind opportunity! Don't let it slip away, call to schedule a showing today!

Buyer to verify any and all information deemed important.
Unit Size
1,898 Ft²
Days on Market
-
Land Size
1.37 acres
Price per sqft
$237
Property Type
House
Property Taxes
$246
HOA Dues
-
Year Built
1984

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (ECAR MLS #957701)

Price History

Date / Event Date Event Price
Feb 18, 2025 Sold
Sold
Dec 31, 2024 In contract -
In contract
Aug 25, 2024 Listed by Coldwell Banker Realty $450,000
Listed by Coldwell Banker Realty
Mar 6, 2024 Sold
Sold
Feb 6, 2024 No longer available -
No longer available
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1990
  • Building Count: 3
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 7
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 62,552
  • Lot Size Depth Feet: 2,300
  • Lot Size Frontage Feet: 2,720
  • Total Building Area: 3,266
  • Gross Building Area: 3,266
  • Building Area: 3,266
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,266
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOWN OF FREEPORT
  • Land Acres: 0000001436
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: COM SE/COR LOT 8 BLK 7 TOWN OF FREEPORT PB O-J, N 89 DEG 55' W 108.36 FT FOR POB,N 89 DEG 56'W ALG N ROW JACKSON ST 272.72 FT TO SW/COR LOT 7 BLK 7 BEING ON E ROW MADISON ST,N 00 DEG 00'00E ALG ROW 230.00 FT,DPRT E ROW S 89 DEG 52'E 272.62 FT,S 00 DE

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950502

Geography

  • Assessors Map Reference: CAP-Y
  • Parcel: 15-1S-19-23040-007-0050
  • Block: 7
  • Lot: 8
  • Meridian: SEC 15 TWN 01S RNG 019
  • Municipality: COUNTY
  • Latitude: 30.4948
  • Longitude: -86.1357

    Address

  • Full Address: 229 Madison St
  • Address - House Number: 229
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: FL
  • City Name: Freeport
  • Carrier Code: R005
  • 4-Digit Zip Code: 3854
  • Zip Code: 32439

Valuation

    Tax

  • Total Area: 1,914
  • Tax Year: 2022
  • Tax Amount: $290,085
  • Tax Rate Code Area: 002

    Appraisal Valuation

  • Standard Deviation: 0.0898
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 92
  • Final Value: 431,991
  • High Value: 470,799
  • Low Value: 393,182

    Market Valuation

  • Market Total Value: $272,713
  • Market Land Value: $71,608
  • Market Improvement Value: $201,105

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $251,845

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 06, 2024
  • Current Sale Recording Date: Mar 06, 2024
  • Current Sale Price:
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 7950
  • Previous Sale Recording Date: Jun 11, 2021
  • Previous Sale Contract Date: May 25, 2021
  • Previous Sale Amount: $102,000
  • Previous Sale Document Type: 55
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Freeport


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Frequently Asked Questions

When was property at 229 Madison Street built and last sold?
The property at 229 Madison Street was built in 1984 and last sold on Mar 6, 2024 for $1,000.
How much is this home worth?
The estimated value of the home located at 229 Madison Street is $0.
What are some comparable homes to 229 Madison Street?
There are currently no comparable homes to 229 Madison Street.