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Okaloosa 32578 Blue Pine Village
3038 Blue Pine Lane
$165,000
● House - Off Market

3038 Blue Pine Lane

Niceville, FL 32578
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,173 Ft²
$278,560
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Cute starter home located in Bluewater Bay. Freshly painted and landscaped this 3/2 split bedroom plan is a steal of a deal for the investor or the first time home buyer. This great little neighborhood offer two neighborhood swimming pools with a gazebo, shower and bathrooms. Zoned and walking distance from Bluewater Elementary school!
Unit Size
1,173 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$141
Property Type
House
Property Taxes
$81
HOA Dues
$70
Year Built
1987

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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 #756682)

Price History

Date / Event Date Event Price
Sep 21, 2016 Sold
Premium
Sold
Jul 11, 2016 Listed by Berkshire Hathaway HomeServices PenFed Realty $165,000
Listed by Berkshire Hathaway HomeServices PenFed Realty
Jul 27, 2009 Sold
Premium
Sold

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • 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: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 264
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,597
  • Total Building Area: 1,492
  • Gross Building Area: 1,492
  • Building Area: 1,138
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,138
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLUE PINE VILLAGE
  • Land Acres: 0000000106
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: BLUE PINE VILLAGE AMENDED LOT 20 BLK A

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021002

Geography

  • Assessors Map Reference: 39
  • Parcel: 23-1S-22-474B-000A-0200
  • Block: A
  • Lot: 20
  • Meridian: SEC 23 TWN 01S RNG 22W
  • Municipality: NORTH BAY FIRE
  • Latitude: 30.4853
  • Longitude: -86.4127

    Address

  • Full Address: 3038 Blue Pine Ln
  • Address - House Number: 3038
  • Address - Street Name: Blue Pine
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Niceville
  • Carrier Code: R011
  • 4-Digit Zip Code: 9762
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 1,310
  • Tax Year: 2023
  • Tax Amount: $245,772
  • Tax Rate Code Area: 014

    Appraisal Valuation

  • Standard Deviation: 0.2092
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 325,249
  • High Value: 393,305
  • Low Value: 257,193

    Market Valuation

  • Market Total Value: $214,239
  • Market Land Value: $81,474
  • Market Improvement Value: $132,765

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $214,239
  • Assessed Land Value: $81,474
  • Assessed Improvements Value: $132,765

    Sales

  • Current Sale Contract Date: Sep 12, 2016
  • Current Sale Recording Date: Sep 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3091111
  • Previous Sale Recording Date: Jul 27, 2009
  • Previous Sale Contract Date: Jul 23, 2009
  • Previous Sale Amount: $151,000
  • 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 Bluewater Bay

Stats & Trends

Median Asking:

$483,750

Sale Price/ft²

$259

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2125 ft²

Average Home Age

31.6 years

Currently For Sale

69 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: Donna W Bennett, Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 756682
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 3038 Blue Pine Lane built and last sold?
The property at 3038 Blue Pine Lane was built in 1987 and last sold on Sep 12, 2016 for $165,000.
How much is this home worth?
The estimated value of the home located at 3038 Blue Pine Lane is $0.
What are some comparable homes to 3038 Blue Pine Lane?
There are currently no comparable homes to 3038 Blue Pine Lane.
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