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Okaloosa 32539
3811 POVERTY CREEK Road
$190,000
● House - Off Market

3811 POVERTY CREEK Road

Crestview, FL 32539
bedrooms
3 Beds
bathrooms
2 Baths
$245,217
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Your very own country get away after a long day at work. This all brick 3 bedroom 2 bath beauty sitting on 1 acre is ready for you to call your very own. As you walk in you will right away notice that there is no carpet-only large ceramic tile floors for easy maintenance and cleaning. Large living room with a electric fireplace for them cozy winter nights. Plenty of counter and cabinet space in the kitchen to meet all your cooking needs. Master bath boasts whirlpool tub and a separate walk in shower. Choose between the large open front porch or enclosed back porch to enjoy your morning coffee. Double car side garage providing room for your vehicles. Several out buildings for additional storage, shops, and smoke shed ideal for BBQing. Property is fenced & it extends beyond the back fence.
Unit Size
-
Days on Market
30 days
Land Size
1.02 acres
Price per sqft
-
Property Type
House
Property Taxes
$109
HOA Dues
-
Year Built
2004

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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 #857697)

Price History

Date / Event Date Event Price
Nov 30, 2020 Sold
Premium
Sold
Oct 20, 2020 Listed by RE/MAX Agency One $185,000
Listed by RE/MAX Agency One
Oct 14, 2015 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 1
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,334
  • Total Building Area: 1,976
  • Gross Building Area: 1,976
  • Building Area: 1,333
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,333
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAN-CO-I
  • Land Acres: 0000001018
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: LAN CO I LOT 6

Neighborhood

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

Geography

  • Assessors Map Reference: 12
  • Parcel: 29-4N-22-1455-0000-0060
  • Lot: 6
  • Meridian: SEC 29 TWN 04N RNG 22W
  • Municipality: COUNTY
  • Latitude: 30.8085
  • Longitude: -86.474

    Address

  • Full Address: 3811 Poverty Creek Rd
  • Address - House Number: 3811
  • Address - Street Name: Poverty Creek
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Crestview
  • Carrier Code: R008
  • 4-Digit Zip Code: 9797
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 1,698
  • Tax Year: 2023
  • Tax Amount: $111,921
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.186
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 75
  • Final Value: 283,141
  • High Value: 335,826
  • Low Value: 230,456

    Market Valuation

  • Market Total Value: $202,259
  • Market Land Value: $18,102
  • Market Improvement Value: $184,157

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $140,808

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 20, 2020
  • Current Sale Recording Date: Nov 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3410767
  • Previous Sale Recording Date: Oct 14, 2015
  • Previous Sale Contract Date: Oct 13, 2015
  • Previous Sale Amount: $138,900
  • 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 Okaloosa

Stats & Trends

Median Asking:

$372,500

Sale Price/ft²

$220

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1848 ft²

Average Home Age

28.9 years

Currently For Sale

2384 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

Rentals Near You

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ECAR

Listed by: Tomasz A Bielenin, RE/MAX Agency One
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 857697
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 3811 Poverty Creek Road built and last sold?
The property at 3811 Poverty Creek Road was built in 2004 and last sold on Nov 20, 2020 for $190,000.
How much is this home worth?
The estimated value of the home located at 3811 Poverty Creek Road is $0.
What are some comparable homes to 3811 Poverty Creek Road?
There are currently no comparable homes to 3811 Poverty Creek Road.
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