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Lynn Haven 32444 Hammocks
3610 Bay Tree Road
Photo of 3610 Bay Tree Road
Sold on Jan 31, 2022

26

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Photo of 3610 Bay Tree Road
Photo of 3610 Bay Tree Road
$300,000
● House - Off Market

3610 Bay Tree Road

Lynn Haven, FL 32444
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,814 Ft²
$313,677
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

This is your opportunity to live in the sought after neighborhood of The Hammocks. This well maintained, move-in ready, 3 bedroom 2 bathroom home is what you've been looking for. You'll love the way the large kitchen flows into the open living area. The large master bedroom offers plenty of closet space, and the bathroom has dual sinks, a large shower and bathtub. The other two bedrooms offer plenty of room to stretch out and relax. This home also features a dining area, laundry room, and breakfast nook. Entering the large backyard you'll find an outdoor oasis inviting you to enjoy Florida living. Just imagine all of the possibilities for outdoor entertainment with family and friends in your new home!
Unit Size
1,814 Ft²
Days on Market
42 days
Land Size
0.20 acres
Price per sqft
$160
Property Type
House
Property Taxes
$280
HOA Dues
$48
Year Built
2005

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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: 30 days ago ( #720327)

Price History

Date / Event Date Event Price
Feb 7, 2022 Sold
Premium
Sold
Dec 20, 2021 Listed by Keller Williams Success Realty $290,000
Listed by Keller Williams Success Realty
Mar 17, 2020 No longer available -
No longer available
Mar 11, 2020 Sold
Premium
Sold
Mar 8, 2020 Listed by Keller Williams Success Realty $245,000
Listed by Keller Williams Success Realty
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • 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: 420
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,764
  • Total Building Area: 2,234
  • Gross Building Area: 2,234
  • Building Area: 1,814
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,814
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAMMOCKS PHASE 6
  • Land Acres: 0000000201
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: HAMMOCKS PHASE 6 LOT 7 BLK H ORB 4520 P 1175

Neighborhood

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

Zoning

  • Zoning: UND

Geography

  • Subdivision Phase Number: 6
  • Parcel: 11849-846-000
  • Block: H
  • Lot: 7
  • Meridian: SEC 22 TWN 03S RNG 14W
  • Municipality: CITY OF LYNN HAVEN
  • Latitude: 30.2048
  • Longitude: -85.6391

    Address

  • Full Address: 3610 Bay Tree Rd
  • Address - House Number: 3610
  • Address - Street Name: Bay Tree
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Lynn Haven
  • Carrier Code: C012
  • 4-Digit Zip Code: 5655
  • Zip Code: 32444

Valuation

    Tax

  • Total Area: 2,138
  • Tax Year: 2023
  • Tax Amount: $344,244
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.2554
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 63
  • Final Value: 377,173
  • High Value: 473,511
  • Low Value: 280,835

    Market Valuation

  • Market Total Value: $258,112
  • Market Land Value: $47,475
  • Market Improvement Value: $210,637

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,112
  • Assessed Land Value: $47,475
  • Assessed Improvements Value: $210,637

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 31, 2022
  • Current Sale Recording Date: Feb 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8735
  • Previous Sale Recording Date: Mar 11, 2020
  • Previous Sale Contract Date: Mar 10, 2020
  • Previous Sale Amount: $255,000
  • 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

1996 ft²

Average Home Age

19.2 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

Unit for rent at 265 W 15th St, Panama City, FL, 32401

$1,094 /mo

  • 2 Beds
  • 2 Baths
265 W 15th St, Panama City, FL, 32401 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 3610 Bay Tree Road built and last sold?
The property at 3610 Bay Tree Road was built in 2005 and last sold on Jan 31, 2022 for $300,000.
How much is this home worth?
The estimated value of the home located at 3610 Bay Tree Road is $294,941.
What are some comparable homes to 3610 Bay Tree Road?
There are currently no comparable homes to 3610 Bay Tree Road.
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