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Okaloosa 32539
3464 Grady Lane
$212,230
● House - Off Market

3464 Grady Lane

Crestview, FL 32539
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,325 Ft²
$1,080
Est. Monthly

About This Property

If you are looking for country living with a home that you can put your own style on, this is the one for you. This 3 bedroom home has the potential of a thriving family homestead. If you are a crafter, hobbyist, or love outdoor projects you are going to enjoy all of the potential work spaces. This is a brick home. The floor plan is open. The bedrooms are nice size. The master bath is currently a half bath but space is there to add a shower.
Unit Size
1,325 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$166
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1982

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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: 2 years ago (ECAR MLS #965244)

Price History

Date / Event Date Event Price
Apr 21, 2025 Sold
Premium
Sold
Mar 13, 2025 In contract -
In contract
Mar 6, 2025 Price Decreased $219,900
↓ $5K (2.2%)
Price Decreased
Dec 27, 2024 Listed by The Property Group 850 Inc $224,900
Listed by The Property Group 850 Inc
Apr 11, 2014 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 1,450
  • Total Building Area: 1,589
  • Gross Building Area: 1,589
  • Building Area: 1,325
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,325
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: BEG 140.2 FT E & 30 FT S OF NW COR OF NE1/4 OF NW1/4 S300 FT E145.1 FT

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020305

Geography

  • Assessors Map Reference: 11
  • Parcel: 25-4N-23-0000-0006-0050
  • Block: 6
  • Meridian: SEC 25 TWN 04N RNG 23W
  • Municipality: COUNTY
  • Latitude: 30.8229
  • Longitude: -86.5033

    Address

  • Full Address: 3464 Grady Ln
  • Address - House Number: 3464
  • Address - Street Name: Grady
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Crestview
  • Carrier Code: R025
  • 4-Digit Zip Code: 9129
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 1,368
  • Tax Year: 2023
  • Tax Amount: $60,665
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 211,534
  • High Value: 256,115
  • Low Value: 166,952

    Market Valuation

  • Market Total Value: $135,875
  • Market Land Value: $13,995
  • Market Improvement Value: $121,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,532

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 07, 2014
  • Current Sale Recording Date: Apr 11, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2921247
  • Previous Sale Recording Date: Dec 16, 2013
  • Previous Sale Contract Date: Dec 13, 2013
  • Previous Sale Document Type: 69
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 Okaloosa

Stats & Trends

Median Asking:

$378,900

Sale Price/ft²

$226

Below Asking

0.02%

Average Days on Market

81

Average Home Size

1821 ft²

Average Home Age

28.5 years

Currently For Sale

1634 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: Polly McMillan, The Property Group 850 Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 965244
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 3464 Grady Lane built and last sold?
The property at 3464 Grady Lane was built in 1982 and last sold on Apr 7, 2014 for $53,000.
How much is this home worth?
The estimated value of the home located at 3464 Grady Lane is $0.
What are some comparable homes to 3464 Grady Lane?
There are currently no comparable homes to 3464 Grady Lane.
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