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Lynn Haven 32444 The Meadows and The Pointe
308 Marsh Island Drive
Photo of 308 Marsh Island Drive
Sold on Oct 26, 2020

44

Map

Photo of 308 Marsh Island Drive
Photo of 308 Marsh Island Drive
$323,900
● House - Off Market

308 Marsh Island Drive

Lynn Haven, FL 32444
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,161 Ft²
$433,919
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Lovely Tom Gladstone custom built home in The Meadows community one block from Nature Walk Golf Course.  This 3BR/2.5BA home has many custom extras including LVP floor in living area, Marble tubs and showers, chair height toilets, quartz counter tops in kitchen and baths, tile floors in the baths & Florida room, gas fireplace, GE appliances, extra large windows, French doors, & a zoned heating/cooling system allowing the temperature of each room to be controlled separately.  There is deck off the back overlooking the beautifully landscaped & fenced backyard, a paver patio, full coverage gutters, storage shed, garage shelving & attic storage.  There is a conservation area behind the home  sellers say cannot be built on.  All info ap
Unit Size
2,161 Ft²
Days on Market
131 days
Land Size
0.24 acres
Price per sqft
$150
Property Type
House
Property Taxes
$46
HOA Dues
$42
Year Built
2019

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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: 3 months ago ( #698616)

Price History

Date / Event Date Event Price
Oct 27, 2020 Sold
Premium
Sold
Jun 17, 2020 Listed by Scott Ingraham Real Estate $324,500
Listed by Scott Ingraham Real Estate
Feb 13, 2017 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 14
  • Floor Count: 100
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,737
  • Total Building Area: 2,609
  • Gross Building Area: 2,609
  • Building Area: 2,125
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,125
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE MEADOWS & THE POINTE
  • Land Acres: 0000000224
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 00
  • Legal Description 1: THE MEADOWS & THE POINTE LOT 6 BLK C ORB 4315 P 603

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 001402

Zoning

  • Zoning: UND

Geography

  • Parcel: 11352-736-000
  • Block: C
  • Lot: 6
  • Meridian: SEC 12 TWN 03S RNG 14W
  • Municipality: CITY OF LYNN HAVEN
  • Latitude: 30.2383
  • Longitude: -85.6049

    Address

  • Full Address: 308 Marsh Island Dr
  • Address - House Number: 308
  • Address - Street Name: Marsh Island
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Lynn Haven
  • Carrier Code: C013
  • 4-Digit Zip Code: 4924
  • Zip Code: 32444

Valuation

    Tax

  • Total Area: 2,405
  • Tax Year: 2023
  • Tax Amount: $15,400
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.2354
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 67
  • Final Value: 451,439
  • High Value: 557,708
  • Low Value: 345,169

    Market Valuation

  • Market Total Value: $316,341
  • Market Land Value: $46,750
  • Market Improvement Value: $269,591

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,497

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 26, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020071281
  • Previous Sale Recording Date: Feb 13, 2017
  • Previous Sale Contract Date: Feb 10, 2017
  • Previous Sale Amount: $45,000
  • 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 St. Andrews Bay

Stats & Trends

Median Asking:

$330,000

Sale Price/ft²

$185

Below Asking

0.02%

Average Days on Market

89

Average Home Size

1966 ft²

Average Home Age

18.8 years

Currently For Sale

224 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

Rentals Near You

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Frequently Asked Questions

When was property at 308 Marsh Island Drive built and last sold?
The property at 308 Marsh Island Drive was built in 2019 and last sold on Oct 26, 2020 for $323,900.
How much is this home worth?
The estimated value of the home located at 308 Marsh Island Drive is $331,790.
What are some comparable homes to 308 Marsh Island Drive?
There are currently no comparable homes to 308 Marsh Island Drive.
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