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Fort Walton Beach 32548 Elliott's Point
35 Choctawhatchee Road
$90,000
● House - Off Market

35 Choctawhatchee Road

Fort Walton Beach, FL 32548
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,450 Ft²
$226,366
RealtyHop Estimate
128.65%
Since Mar 1, 2012
National-US
Primary Model

About This Property

Short Sale. To be sold ''AS IS'' This home was renovated in 2006, and a 160 sq. ft. screen porch was added. Renovations include tile floors, crown molding and double paned windows. The kitchen had new cabinets, tile back splash and new countertops, double sinks, microwave, refrigerator, dishwasher and electric stove/oven. Bathrooms were totally redone and the main bath features a new enclosed shower. The roof was new and new vinyl siding. The front door, water heater, air conditioner, gas furnace, ventilation ducts, and new well for the sprinkler system, were also new in '06.Large , privacy fenced back yard. The home has been a rental since '06. With a little tlc this could be a very nice home.
Unit Size
1,450 Ft²
Days on Market
-
Land Size
-
Price per sqft
$68
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951

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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: 2 years ago (ECAR MLS #547517)

Price History

Date / Event Date Event Price
Mar 3, 2015 Sold
Premium
Sold
Feb 23, 2012 Sold
Premium
Sold
Oct 30, 2010 Listed by ERA American Real Estate $99,000
Listed by ERA American Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1970
  • 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: 23
  • 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: 98
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,246
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,659
  • Gross Building Area: 1,659
  • Building Area: 1,404
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,404
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PART ELLIOTT
  • Land Acres: 0000000189
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: RE S/D PART ELLIOTT PT LOT 18 BLK D

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 022400

Geography

  • Assessors Map Reference: 45
  • Parcel: 18-2S-23-080D-000D-0180
  • Block: D
  • Lot: 18
  • Meridian: SEC 18 TWN 02S RNG 23W
  • Municipality: FORT WALTON BEACH
  • Latitude: 30.408
  • Longitude: -86.5903

    Address

  • Full Address: 35 Choctawhatchee Rd Se
  • Address - House Number: 35
  • Street Segment Direction: SE
  • Address - Street Name: Choctawhatchee
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Fort Walton Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 5749
  • Zip Code: 32548

Valuation

    Tax

  • Total Area: 1,527
  • Tax Year: 2023
  • Tax Amount: $146,242
  • Tax Rate Code Area: 004

    Appraisal Valuation

  • Standard Deviation: 0.2062
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 359,399
  • High Value: 433,534
  • Low Value: 285,264

    Market Valuation

  • Market Total Value: $259,611
  • Market Land Value: $101,825
  • Market Improvement Value: $157,786

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,067

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 26, 2015
  • Current Sale Recording Date: Mar 03, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2981598
  • Previous Sale Recording Date: Feb 23, 2012
  • Previous Sale Contract Date: Feb 21, 2012
  • Previous Sale Amount: $90,000
  • 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 Elliott's Point

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$224

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1914 ft²

Average Home Age

50.4 years

Currently For Sale

11 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: Dawn C Hughes, ERA American Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 547517
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 35 Choctawhatchee Road built and last sold?
The property at 35 Choctawhatchee Road was built in 1951 and last sold on Feb 26, 2015 for $149,500.
How much is this home worth?
The estimated value of the home located at 35 Choctawhatchee Road is $115,486.
What are some comparable homes to 35 Choctawhatchee Road?
There are currently no comparable homes to 35 Choctawhatchee Road.
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