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Lynn Haven 32444 Hammocks
3415 Cherry Ridge Road
Photo of 3415 Cherry Ridge Road
Sold on Jun 5, 2023

76

Map

Photo of 3415 Cherry Ridge Road
Photo of 3415 Cherry Ridge Road
$375,000
● House - Off Market

3415 Cherry Ridge Road

Lynn Haven, FL 32444
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,265 Ft²
$379,635
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

''Motivated seller''   Beautiful 4 bedroom home with a split floor plan, Beautiful Screened porch, additional paver patio, 2 outside storage buildings, privacy fenced back yard, community pool, close to Mosley, Tyndall, NSA and everything Panama City and Lynn Haven have to offer. Call for your private showing today.
Unit Size
2,265 Ft²
Days on Market
78 days
Land Size
-
Price per sqft
$167
Property Type
House
Property Taxes
$317
HOA Dues
$48
Year Built
2003

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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: 17 days ago ( #738968)

Price History

Date / Event Date Event Price
Jun 6, 2023 Sold
Premium
Sold
Mar 18, 2023 Listed by Berkshire Hathaway HomeServices Beach Properties of Florida $379,000
Listed by Berkshire Hathaway HomeServices Beach Properties of Florida
Dec 16, 2020 Sold
Premium
Sold
Oct 21, 2020 No longer available -
No longer available
Oct 15, 2020 Listed by Berkshire Hathaway HomeServices Beach Properties of Florida $295,000
Listed by Berkshire Hathaway HomeServices Beach Properties of Florida
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • 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: 441
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,605
  • Total Building Area: 2,706
  • Gross Building Area: 2,706
  • Building Area: 2,265
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,265
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAMMOCKS PHASE II
  • Land Acres: 0000000221
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: HAMMOCKS PHASE II MAP 103D3 LOT 8 BLK F ORB 4695 P 2273

Neighborhood

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

Zoning

  • Zoning: UND

Geography

  • Assessors Map Reference: MAP 103D3
  • Subdivision Phase Number: 2
  • Parcel: 11849-485-000
  • Block: F
  • Lot: 8
  • Meridian: SEC 22 TWN 03S RNG 14W
  • Municipality: CITY OF LYNN HAVEN
  • Latitude: 30.2072
  • Longitude: -85.6392

    Address

  • Full Address: 3415 Cherry Ridge Rd
  • Address - House Number: 3415
  • Address - Street Name: Cherry Ridge
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Lynn Haven
  • Carrier Code: C012
  • 4-Digit Zip Code: 5641
  • Zip Code: 32444

Valuation

    Tax

  • Total Area: 2,567
  • Tax Year: 2023
  • Tax Amount: $377,506
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 420,112
  • High Value: 512,954
  • Low Value: 327,270

    Market Valuation

  • Market Total Value: $280,078
  • Market Land Value: $47,475
  • Market Improvement Value: $232,603

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $280,078
  • Assessed Land Value: $47,475
  • Assessed Improvements Value: $232,603

    Sales

  • Current Sale Contract Date: May 19, 2023
  • Current Sale Recording Date: Jun 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 34665
  • Previous Sale Recording Date: Dec 16, 2020
  • Previous Sale Contract Date: Dec 15, 2020
  • Previous Sale Amount: $288,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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:

$329,900

Sale Price/ft²

$186

Below Asking

0.02%

Average Days on Market

89

Average Home Size

1896 ft²

Average Home Age

18.2 years

Currently For Sale

220 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 3415 Cherry Ridge Road built and last sold?
The property at 3415 Cherry Ridge Road was built in 2003 and last sold on May 19, 2023 for $375,000.
How much is this home worth?
The estimated value of the home located at 3415 Cherry Ridge Road is $380,670.
What are some comparable homes to 3415 Cherry Ridge Road?
There are currently no comparable homes to 3415 Cherry Ridge Road.
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