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Holmes 32455
2908 R M Ward Road
$135,000
● House - Off Market

2908 R M Ward Road

Ponce De Leon, FL 32455
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,363 Ft²
$634
Est. Monthly

About This Property

This HUD Owned REO home screams country living, affordability, and opportunity. Situated on over 1/2 acre this 3 bedroom 2 and 1/2 bath home feels larger than what is truly there. With all brick exterior, fenced lot, oversized side entry attached garage and a seperate oversized 2 car garage, this home is one to see. Just a few miles from I10 access you can live in the country and work just about anywhere. A definite must see to appreciate. This home does needs some repairs, therefore not all financing is available, but home is FHA IE (insurable with escrow).
Unit Size
1,363 Ft²
Days on Market
23 days
Land Size
0.68 acres
Price per sqft
$95
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1973

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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: 5 months ago (ECAR #1001739)

Price History

Date / Event Date Event Price
May 22, 2026 Sold
Premium
Sold
May 8, 2026 In contract -
In contract
Apr 28, 2026 Listed by Assurance Realty of NWFL LLC $129,000
Listed by Assurance Realty of NWFL LLC
May 19, 2022 Sold
Premium
Sold
Nov 1, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 2
  • 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: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 550
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,620
  • Total Building Area: 2,005
  • Gross Building Area: 2,005
  • Building Area: 1,363
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 3
  • Heated Square Feet: 1,363
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000680
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 1
  • Legal Description 1: A PARCEL LOCATED IN SW1/4 OF NW1/4 DES IN OR 34/370 LESS .30 AC DES IN OR-95/12 PR-OR490/147 WD-OR553/201 WD-OR642/872

Neighborhood

  • School District Name: Holmes County School District
  • Census Tract: 960202

Geography

  • Assessors Map Reference: 00415718
  • Parcel: 1432.00-000-000-005.000
  • Meridian: SEC 32 TWN 04S RNG 16W
  • Municipality: COUNTY
  • Latitude: 30.7131
  • Longitude: -85.8673

    Address

  • Full Address: 2908 R M Ward Rd
  • Address - House Number: 2908
  • Address - Street Name: R M Ward
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Ponce De Leon
  • Carrier Code: R003
  • 4-Digit Zip Code: 7116
  • Zip Code: 32455

Valuation

    Tax

  • Total Area: 1,690
  • Tax Year: 2022
  • Tax Amount: $90,526
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.4077
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 18
  • Final Value: 108,706
  • High Value: 153,030
  • Low Value: 64,381

    Market Valuation

  • Market Total Value: $106,774
  • Market Land Value: $3,400
  • Market Improvement Value: $103,374

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $101,709

    Sales

  • Current Sale Contract Date: May 12, 2022
  • Current Sale Recording Date: May 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2510
  • Previous Sale Recording Date: Nov 01, 2016
  • Previous Sale Contract Date: Nov 01, 2016
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 27
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 Holmes

Stats & Trends

Median Asking:

$187,000

Sale Price/ft²

$133

Below Asking

0.01%

Average Days on Market

59

Average Home Size

1292 ft²

Average Home Age

44.9 years

Currently For Sale

63 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: Cosmo M Spellings, Assurance Realty of NWFL LLC
Last Updated: 5 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1001739
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 2908 Rm Ward Road built and last sold?
The property at 2908 Rm Ward Road was built in 1973 and last sold on May 12, 2022 for $225,000.
How much is this home worth?
The estimated value of the home located at 2908 Rm Ward Road is $0.
What are some comparable homes to 2908 Rm Ward Road?
There are currently no comparable homes to 2908 Rm Ward Road.
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