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Springfield 32405 Highland City
3127 Douglas Road
Photo of 3127 Douglas Road
Sold on Jun 2, 2023

23

Map

Photo of 3127 Douglas Road
Photo of 3127 Douglas Road
$241,000
● House - Off Market

3127 Douglas Road

Panama City, FL 32405
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,150 Ft²
$229,384
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Conveniently located to shopping, restaurants, schools and Tyndall Air Force Base. This 3 bedroom, 2 bath home is just right for a first time home buyer! This home has many upgrades such as roof, siding, garage door, and floors.  There is also a double-car garage and wide concrete driveway. All measurements are approximate and should be verified if important.
Unit Size
1,150 Ft²
Days on Market
33 days
Land Size
0.12 acres
Price per sqft
$199
Property Type
House
Property Taxes
$81
HOA Dues
-
Year Built
2007

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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: 24 days ago ( #739579)

Price History

Date / Event Date Event Price
Jun 2, 2023 Sold
Premium
Sold
Mar 30, 2023 Listed by Coldwell Banker Carroll Realty $229,000
Listed by Coldwell Banker Carroll Realty
Feb 4, 2011 Sold
Premium
Sold
Oct 19, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • 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: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,183
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,570
  • Gross Building Area: 1,570
  • Building Area: 1,150
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,150
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND CITY
  • Land Acres: 0000000119
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: IGHLAND CITY -10.6B- 117B COM AT NW COR OF LOT 10 BLK 34 TH S 630.15 E 50 FOR POB TH N 103.40 E 50 S 102.50 W 50 TO POB ORB 4695 P 1048

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 001302

Geography

  • Parcel: 12756-020-020
  • Block: 34
  • Lot: 10
  • Meridian: SEC 27 TWN 03S RNG 14W
  • Municipality: CITY OF SPRINGFIELD
  • Latitude: 30.1916
  • Longitude: -85.6153

    Address

  • Full Address: 3127 Douglas Rd
  • Address - House Number: 3127
  • Address - Street Name: Douglas
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Panama City
  • Carrier Code: C005
  • 4-Digit Zip Code: 7110
  • Zip Code: 32405

Valuation

    Tax

  • Total Area: 1,403
  • Tax Year: 2023
  • Tax Amount: $107,404
  • Tax Rate Code Area: 020

    Appraisal Valuation

  • Standard Deviation: 0.2574
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 63
  • Final Value: 221,533
  • High Value: 278,577
  • Low Value: 164,488

    Market Valuation

  • Market Total Value: $116,714
  • Market Land Value: $13,050
  • Market Improvement Value: $103,664

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,249

    Sales

  • Current Sale Contract Date: Jun 02, 2023
  • Current Sale Recording Date: Jun 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 34257
  • Previous Sale Recording Date: Feb 04, 2011
  • Previous Sale Contract Date: Jan 31, 2011
  • Previous Sale Amount: $110,000
  • 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

$186

Below Asking

0.02%

Average Days on Market

89

Average Home Size

1923 ft²

Average Home Age

18.8 years

Currently For Sale

219 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

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Frequently Asked Questions

When was property at 3127 Douglas Road built and last sold?
The property at 3127 Douglas Road was built in 2007 and last sold on Jun 2, 2023 for $241,000.
How much is this home worth?
The estimated value of the home located at 3127 Douglas Road is $231,800.
What are some comparable homes to 3127 Douglas Road?
There are currently no comparable homes to 3127 Douglas Road.
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