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Walton 32459
259 River Circle
$251,000
● House - Off Market

259 River Circle

Santa Rosa Beach, FL 32459
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,082 Ft²
$438,774
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Come take a look at this quaint Florida Cottage that sits on over a half an acre of land offering spacious grounds and privacy for you to enjoy the outdoors from the expansive front and back decks! River Bend, a private road and community nestled in Santa Rosa Beach with only thirteen other houses,feels so far away from the bustling highway, yet only a few miles to the spectacular Gulf of Mexico beaches. This home offers a 2 car garage plus pergola for overflow parking, luscious landscaping, wood floors throughout, granite island in the kitchen, and more. Don't miss the opportunity to own a slice of heaven for a fantastic price!
Unit Size
2,082 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$125
Property Type
House
Property Taxes
$142
HOA Dues
$120
Year Built
1993

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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: 2 years ago (ECAR MLS #756580)

Price History

Date / Event Date Event Price
Sep 9, 2016 Sold
Premium
Sold
Jul 8, 2016 Listed by Keller Williams Realty Destin $259,900
Listed by Keller Williams Realty Destin
Jul 3, 2003 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • 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: 460
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 24,568
  • Lot Size Depth Feet: 1,640
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 2,542
  • Gross Building Area: 2,542
  • Building Area: 2,082
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,082
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERBEND
  • Land Acres: 0000000564
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 14 RIVERBEND S/D PB 8-51 OR 1064-103 OR 1159-190 OR 1685-284 OR 2515-1523 OR 3020-1478

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950605

Geography

  • Assessors Map Reference: S2-28-20
  • Parcel: 28-2S-20-33410-000-0140
  • Block: 1
  • Lot: 14
  • Meridian: SEC 28 TWN 02S RNG 020
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3869
  • Longitude: -86.2553

    Address

  • Full Address: 259 River Cir
  • Address - House Number: 259
  • Address - Street Name: River
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Santa Rosa Beach
  • Carrier Code: H016
  • 4-Digit Zip Code: 3437
  • Zip Code: 32459

Valuation

    Tax

  • Total Area: 2,414
  • Tax Year: 2022
  • Tax Amount: $134,785
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2748
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 60
  • Final Value: 489,107
  • High Value: 623,562
  • Low Value: 354,652

    Market Valuation

  • Market Total Value: $270,844
  • Market Land Value: $78,396
  • Market Improvement Value: $192,448

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $183,612

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 09, 2016
  • Current Sale Recording Date: Sep 09, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016000029460
  • Previous Sale Recording Date: Jul 03, 2003
  • Previous Sale Contract Date: Jun 30, 2003
  • Previous Sale Amount: $199,900
  • 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 Walton

Stats & Trends

Median Asking:

$709,000

Sale Price/ft²

$397

Below Asking

0.02%

Average Days on Market

80

Average Home Size

2260 ft²

Average Home Age

17.7 years

Currently For Sale

3381 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: At The Beach Team, Keller Williams Realty Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 756580
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 259 River Circle built and last sold?
The property at 259 River Circle was built in 1993 and last sold on Sep 9, 2016 for $251,000.
How much is this home worth?
The estimated value of the home located at 259 River Circle is $294,199.
What are some comparable homes to 259 River Circle?
There are currently no comparable homes to 259 River Circle.
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