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306 Newcastle Drive

306 Newcastle Drive, Fort Walton Beach, FL 32547
Sold Apr 06, 2017
$188,000
$184,594 by Waterstone Mortgage Corp
Mortgage Due Apr 01, 2047
Sold Oct 11, 2016
$125,000
306 Newcastle Drive has been categorized by the local assessors in Fort Walton Beach, FL as a residential type of property. The building on the property was first built in 1960 and is 64 years old. However, we must point out that the home was most recently renovated and altered in 1965. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 306 Newcastle Drive has 1,508 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,365 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of wood. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 306 Newcastle Drive sold most recently in Mar 24, 2017 for a total of $188,000. If you work out the math, that's approximately a cost of $98.22 per sqft. Before that, the property was also sold for $125,000 in Sep 29, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,343 in taxes each year. 306 Newcastle Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $147,384. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,365
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,914
  • Gross Building Area: 1,914
  • Building Area: 1,508
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,508
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 3RD ADD GARNIER BCH
  • Land Acres: 0.238
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 3RD ADD GARNIER BCH LOT 7 BLK 2

Ownership

  • Current Owner : WADE SHAWN MICHAEL
  • Previous Owner : CULIE BARBARA
  • Owner Before Previous Owner: WILMINGTON SAVINGS FUND SOCIETY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 022100

Geography

  • Assessors Map Reference: 43
  • Parcel: 02-2S-24-1003-0002-0070
  • Block: 2
  • Lot: 7
  • Meridian: SEC 02 TWN 02S RNG 24W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4416
  • Longitude: -86.6124

    Address

  • Full Address: 306 Newcastle Dr
  • Address - House Number: 306
  • Address - Street Name: Newcastle
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fort Walton Beach
  • Carrier Code: C021
  • 4-Digit Zip Code: 2451
  • Zip Code: 32547

Valuation

    Tax

  • Total Area: 1,636
  • Tax Year: 2023
  • Tax Amount: $1,343
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1977
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 316,451
  • High Value: 379,026
  • Low Value: 253,876

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $234,860
  • First Open Lien Mortgage Lender: WATERSTONE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 06, 2017
  • First Open Lien Mortgage Loan Amount: $184,594
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2047
  • Second Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • Second Open Lien Mortgage Recording Date: Mar 13, 2020
  • Second Open Lien Mortgage Loan Amount: $50,266
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Market Valuation

  • Market Total Value: $222,626
  • Market Land Value: $45,983
  • Market Improvement Value: $176,643

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $147,384

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 24, 2017
  • Current Sale Recording Date: Apr 06, 2017
  • Current Sale Transaction ID: 1807316421
  • Current Sale Price: $188,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3127642
  • Previous Sale Recording Date: Oct 11, 2016
  • Previous Sale Contract Date: Sep 29, 2016
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WATERSTONE MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 06, 2017
  • First Mortgage Loan Amount: $184,594
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2047

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Frequently Asked Questions

What neighborhood is 306 Newcastle Drive located in?
The 306 Newcastle Drive is a located in the neighborhood of Fort Walton Beach in Ocean City, Fort Walton Beach.
What is the average sales price for listings in 306 Newcastle Drive?
The average sales price for units in 306 Newcastle Drive is $0 currently.

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