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Bay 32404 St. Andrews Bay
3908 Silver Spur Road #LOT59
Photo of Unit LOT59 at 3908 Silver Spur Road
Sold on May 14, 2021

19

Map

Photo of Unit LOT59 at 3908 Silver Spur Road
Photo of Unit LOT59 at 3908 Silver Spur Road
$298,375
● House - Off Market

3908 Silver Spur Road #LOT59

Panama City, FL 32404
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,593 Ft²
$364,415
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Welcome to Brighton Oaks! The Hayden floor plan is a two story 5 bedroom, 3 Bath home with two car garage. Interior features include Vinyl flooring

throughout the common areas, carpet in bedrooms, stairs and upstairs hallway, durable laminate countertops in the kitchen and baths, nickel hardware on interior

doors, a lighting package and the appliances include a stove microwave in dishwasher. This home has a downstairs guest bedroom and a full bath. Additional

bedrooms are on the second level and bedroom 1 has large bath with walk-in closet, dual sink vanity, separate shower and large soak tub.
Unit Size
2,593 Ft²
Days on Market
8 days
Land Size
0.15 acres
Price per sqft
$118
Property Type
House
Property Taxes
-
HOA Dues
$49
Year Built
2021

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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 months ago ( #705937)

Price History

Date / Event Date Event Price
May 20, 2021 Sold
Premium
Sold
Dec 23, 2020 Listed by DR Horton of NWFL LLC $306,375
Listed by DR Horton of NWFL LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 9
  • Roof Cover Type: 14
  • Floor Count: 200
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,992
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 380
  • Total Building Area: 2,964
  • Gross Building Area: 2,964
  • Building Area: 2,544
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,544
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRIGHTON OAKS
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • Legal Description 1: BRIGHTON OAKS LOT 59 ORB 4408 P 2243

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 001301

Geography

  • Assessors Map Reference: MAP 116A
  • Parcel: 11514-350-059
  • Lot: 59
  • Meridian: SEC 13 TWN 03S RNG 14W
  • Municipality: FIRE COUNTY MOSQUITO
  • Latitude: 30.2264
  • Longitude: -85.5986

    Address

  • Full Address: 3908 Silver Spur Rd
  • Address - House Number: 3908
  • Address - Street Name: Silver Spur
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Panama City
  • Carrier Code: R005
  • 4-Digit Zip Code: 9316
  • Zip Code: 32404

Valuation

    Tax

  • Total Area: 2,831
  • Tax Year: 2023
  • Tax Amount: $361,833
  • Tax Rate Code Area: 055

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 404,294
  • High Value: 493,641
  • Low Value: 314,948

    Market Valuation

  • Market Total Value: $288,998
  • Market Land Value: $54,000
  • Market Improvement Value: $234,998

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $283,220

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2021038354
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:

$326,820

Sale Price/ft²

$185

Below Asking

0.02%

Average Days on Market

86

Average Home Size

1809 ft²

Average Home Age

18 years

Currently For Sale

225 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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Frequently Asked Questions

When was property at 3908 Silver Spur Road built and last sold?
The property at 3908 Silver Spur Road was built in 2021 and last sold on May 14, 2021 for $298,375.
How much is this home worth?
The estimated value of the home located at 3908 Silver Spur Road is $309,439.
What are some comparable homes to 3908 Silver Spur Road?
There are currently no comparable homes to 3908 Silver Spur Road.
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