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Lynn Haven 32405 Hammocks
3740 Bay Tree Road
Photo of 3740 Bay Tree Road
Sold on May 6, 2022

32

Map

Photo of 3740 Bay Tree Road
Photo of 3740 Bay Tree Road
$400,000
● House - Off Market

3740 Bay Tree Road

Lynn Haven, FL 32444
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,817 Ft²
$387,997
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS' Immaculate Move-In ready home centrally  located in desirable Hammocks subdivision which offers community pool and sidewalks. 4 bedroom/2 bath features open, split floor plan. Trey celings, crown molding and LVP flooring throughout.  Spacious kitchen with quartz countertops, breakfast bar, pantry and stainless appliances. Master bedroom has a large walk in closet. Double vanity and walk in shower in master bath. If you love the outdoors-you will LOVE this one. Privacy fenced with custom built fireplace and pergola which is great for entertaining. Nice storage shed, sprinkler system and smart thermostat all convey.
Unit Size
1,817 Ft²
Days on Market
31 days
Land Size
0.33 acres
Price per sqft
$212
Property Type
House
Property Taxes
$278
HOA Dues
$145
Year Built
2017

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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 ( #724637)

Price History

Date / Event Date Event Price
May 9, 2022 Sold
Premium
Sold
Apr 4, 2022 Listed by Counts Real Estate Group $385,000
Listed by Counts Real Estate Group
May 30, 2019 Sold
Premium
Sold
Apr 8, 2019 Listed by Counts Real Estate Group $330,000
Listed by Counts Real Estate Group
Feb 7, 2017 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 489
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,180
  • Total Building Area: 2,306
  • Gross Building Area: 2,306
  • Building Area: 1,817
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,817
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAMMOCKS PHASE V
  • Land Acres: 0000000326
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: HAMMOCKS PHASE V LOT 56 BLK I ORB 4561 P 1089 MAP 103D3

Neighborhood

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

Zoning

  • Zoning: UND

Geography

  • Subdivision Phase Number: 5
  • Parcel: 11849-721-000
  • Block: I
  • Lot: 56
  • Meridian: SEC 22 TWN 03S RNG 14W
  • Municipality: CITY OF LYNN HAVEN
  • Latitude: 30.2044
  • Longitude: -85.6343

    Address

  • Full Address: 3740 Bay Tree Rd
  • Address - House Number: 3740
  • Address - Street Name: Bay Tree
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Lynn Haven
  • Carrier Code: C012
  • 4-Digit Zip Code: 5663
  • Zip Code: 32444

Valuation

    Tax

  • Total Area: 2,144
  • Tax Year: 2023
  • Tax Amount: $477,912
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.2112
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 71
  • Final Value: 429,262
  • High Value: 519,960
  • Low Value: 338,563

    Market Valuation

  • Market Total Value: $346,385
  • Market Land Value: $47,475
  • Market Improvement Value: $298,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,385
  • Assessed Land Value: $47,475
  • Assessed Improvements Value: $298,910

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 06, 2022
  • Current Sale Recording Date: May 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 34944
  • Previous Sale Recording Date: May 30, 2019
  • Previous Sale Contract Date: May 28, 2019
  • Previous Sale Amount: $300,000
  • 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:

$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

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Frequently Asked Questions

When was property at 3740 Bay Tree Road built and last sold?
The property at 3740 Bay Tree Road was built in 2017 and last sold on May 6, 2022 for $400,000.
How much is this home worth?
The estimated value of the home located at 3740 Bay Tree Road is $382,835.
What are some comparable homes to 3740 Bay Tree Road?
There are currently no comparable homes to 3740 Bay Tree Road.
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