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Fort Walton Beach 32548 Ferry Park
38 Oregon Drive
$120,000
● House - Off Market

38 Oregon Drive

Fort Walton Beach, FL 32548
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$223,049
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

Outstanding location across the street from Ferry Park excellent place to jog or walk your dog also a great place for kids to play. Conveniently located behind uptown station close to shopping, Winn Dixie & restaurants. Seller updated kitchen with granite, stainless steel appliances, new cabinets & pergo flooring. A/C approximately 5 yrs. old. Garage has been converted into a Florida Room with new tiled floors plus an additional bathroom, hardiboard siding surrounds the back of home. There's also a covered back porch for barbecuing & an open patio to relax & enjoy the sunshine. Kitchen & bathrooms have pergo flooring. Seller has added a $1000 carpet allowance for new buyers. Home is located approximately 1 1/2 miles from the beach. House sold ''As Is''.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$86
Property Type
House
Property Taxes
$107
HOA Dues
-
Year Built
1956

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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 #704358)

Price History

Date / Event Date Event Price
Mar 31, 2022 Sold
Premium
Sold
Dec 31, 2015 Sold
Premium
Sold
Jun 6, 2014 Sold
Premium
Sold
Apr 29, 2014 Listed by RE/MAX Southern Realty $120,000
Listed by RE/MAX Southern Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • 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: 58
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,135
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,775
  • Gross Building Area: 1,775
  • Building Area: 1,463
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,463
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK PLACE 3RD ADD
  • Land Acres: 0000000279
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: PARK PLACE 3RD ADD LOT 1 BLK 5

Neighborhood

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

Geography

  • Assessors Map Reference: 53
  • Parcel: 13-2S-24-195D-0005-0010
  • Block: 5
  • Lot: 1
  • Meridian: SEC 13 TWN 02S RNG 24W
  • Municipality: FORT WALTON BEACH
  • Latitude: 30.417
  • Longitude: -86.6008

    Address

  • Full Address: 38 Oregon Dr Ne
  • Address - House Number: 38
  • Street Segment Direction: NE
  • Address - Street Name: Oregon
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fort Walton Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 5040
  • Zip Code: 32548

Valuation

    Tax

  • Total Area: 1,529
  • Tax Year: 2023
  • Tax Amount: $260,296
  • Tax Rate Code Area: 004

    Appraisal Valuation

  • Standard Deviation: 0.213
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 328,906
  • High Value: 398,965
  • Low Value: 258,847

    Market Valuation

  • Market Total Value: $226,868
  • Market Land Value: $54,216
  • Market Improvement Value: $172,652

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $226,868
  • Assessed Land Value: $54,216
  • Assessed Improvements Value: $172,652

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 29, 2022
  • Current Sale Recording Date: Mar 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3538760
  • Previous Sale Recording Date: Dec 31, 2015
  • Previous Sale Contract Date: Dec 30, 2015
  • Previous Sale Amount: $155,000
  • 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 Ferry Park

Stats & Trends

Median Asking:

$417,000

Sale Price/ft²

$231

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2266 ft²

Average Home Age

54.6 years

Currently For Sale

9 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

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ECAR

Listed by: Mary Ann Miller, RE/MAX Southern Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 704358
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 38 Oregon Drive built and last sold?
The property at 38 Oregon Drive was built in 1956 and last sold on Mar 29, 2022 for $269,900.
How much is this home worth?
The estimated value of the home located at 38 Oregon Drive is $0.
What are some comparable homes to 38 Oregon Drive?
There are currently no comparable homes to 38 Oregon Drive.
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