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Okaloosa 32539
302 Forrest Parkway
$178,000
● House - Off Market

302 Forrest Parkway

Crestview, FL 32539
bedrooms
3 Beds
bathrooms
2 Baths
$227,250
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Adorable all brick, 1 story home with an oversize driveway, carport, large outdoor workshop, shed, and enclosed patio is located on a large .73 acre pie-shaped lot offering plenty of privacy! The owners have maintained the property to include a new dimensional shingle roof in 2015, updated bathrooms, and a renovated kitchen with a movable island. There is a beautiful brick wood-burning fireplace in the den, a perfect backdrop for the upcoming holidays! Sit and enjoy quiet mornings on the private screened porch or take on your favorite new hobby in the large outside workshop (she/he shed) with electricity and ready for finishing your way. Sellers are offering a 1 year home warranty for qualified buyers. Ready for new homeowners and immediate occupancy. Call for a private tour today!
Unit Size
-
Days on Market
53 days
Land Size
0.73 acres
Price per sqft
-
Property Type
House
Property Taxes
$98
HOA Dues
-
Year Built
1975

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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 #858842)

Price History

Date / Event Date Event Price
Jan 26, 2021 Sold
Premium
Sold
Nov 7, 2020 Listed by Coldwell Banker Realty $175,000
Listed by Coldwell Banker Realty
Oct 22, 2013 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 300
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,723
  • Lot Size Frontage Feet: 1,130
  • Total Building Area: 1,935
  • Gross Building Area: 1,935
  • Building Area: 1,271
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,271
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ADAMS POWELL EAST
  • Land Acres: 0000000728
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: ADAMS POWELL EAST LOT 12 BLK C

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020400

Geography

  • Assessors Map Reference: 15A
  • Parcel: 04-3N-23-3000-000C-0120
  • Block: C
  • Lot: 12
  • Meridian: SEC 04 TWN 03N RNG 23W
  • Municipality: COUNTY
  • Latitude: 30.7842
  • Longitude: -86.5429

    Address

  • Full Address: 302 Forrest Pkwy
  • Address - House Number: 302
  • Address - Street Name: Forrest
  • Address - Suffix Type: Pkwy
  • State: FL
  • City Name: Crestview
  • Carrier Code: R005
  • 4-Digit Zip Code: 8586
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 1,537
  • Tax Year: 2023
  • Tax Amount: $131,004
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 241,860
  • High Value: 292,833
  • Low Value: 190,888

    Market Valuation

  • Market Total Value: $173,685
  • Market Land Value: $26,339
  • Market Improvement Value: $147,346

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,571

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 22, 2021
  • Current Sale Recording Date: Jan 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3424562
  • Previous Sale Recording Date: Oct 22, 2013
  • Previous Sale Contract Date: Oct 11, 2013
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: 68
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 Okaloosa

Stats & Trends

Median Asking:

$378,000

Sale Price/ft²

$226

Below Asking

0.02%

Average Days on Market

81

Average Home Size

1816 ft²

Average Home Age

28.6 years

Currently For Sale

1650 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: Tamela Leann Hayes, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 858842
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 302 Forrest Parkway built and last sold?
The property at 302 Forrest Parkway was built in 1975 and last sold on Jan 22, 2021 for $178,000.
How much is this home worth?
The estimated value of the home located at 302 Forrest Parkway is $0.
What are some comparable homes to 302 Forrest Parkway?
There are currently no comparable homes to 302 Forrest Parkway.
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