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Bay 32404 Riverside
4014 Oak Forest Drive
Photo of 4014 Oak Forest Drive
Sold on Dec 12, 2022

55

Map

Photo of 4014 Oak Forest Drive
Photo of 4014 Oak Forest Drive
$339,000
● House - Off Market

4014 Oak Forest Drive

Panama City, FL 32404
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,191 Ft²
$376,615
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

1 Year home warranty included! This truly unique and sought after neighborhood offers a private kayak launch that leads to the bay, fishing dock, open community spaces great for walking, pool, exercise room, and club house. This spacious home features 3 bedrooms/2.5 bathrooms and has so many bonuses. Enjoy your days on the covered front porch or under the large shade tree out front. Beautifully landscaped and offers so much privacy. This home offers plenty of natural light. There is an oversized garage. The master bed is located on the first level. Off from the kitchen is a formal dining area. This homes offers 2 Living spaces and a office nook just from the stairs. The 2 other bedrooms are located up stairs with a dedicated bathroom. Plantation wooden shutters on all the window
Unit Size
2,191 Ft²
Days on Market
87 days
Land Size
0.22 acres
Price per sqft
$162
Property Type
House
Property Taxes
$105
HOA Dues
$100
Year Built
2004

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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: 26 days ago ( #732304)

Price History

Date / Event Date Event Price
Dec 14, 2022 Sold
Premium
Sold
Sep 16, 2022 Listed by Think Real Estate $355,000
Listed by Think Real Estate
Jul 6, 2007 Sold
Premium
Sold
Jun 22, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2014
  • 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: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 4
  • Garage Square Area: 720
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,451
  • Total Building Area: 1,862
  • Gross Building Area: 1,862
  • Building Area: 1,862
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,862
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERSIDE PH I
  • Land Acres: 0000000171
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: RIVERSIDE PH I 116A LOT 19 ORB 4639 P 1208

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Subdivision Phase Number: 1
  • Parcel: 11476-099-000
  • Lot: 19
  • Meridian: SEC 13 TWN 03S RNG 14W
  • Municipality: FIRE COUNTY MOSQUITO
  • Latitude: 30.232
  • Longitude: -85.5966

    Address

  • Full Address: 4014 Oak Forest Dr
  • Address - House Number: 4014
  • Address - Street Name: Oak Forest
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City
  • Carrier Code: R005
  • 4-Digit Zip Code: 5783
  • Zip Code: 32404

Valuation

    Tax

  • Total Area: 2,376
  • Tax Year: 2023
  • Tax Amount: $325,507
  • Tax Rate Code Area: 055

    Appraisal Valuation

  • Standard Deviation: 0.2389
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 66
  • Final Value: 369,093
  • High Value: 457,285
  • Low Value: 280,901

    Market Valuation

  • Market Total Value: $295,795
  • Market Land Value: $54,323
  • Market Improvement Value: $241,472

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $295,795
  • Assessed Land Value: $54,323
  • Assessed Improvements Value: $241,472

    Sales

  • Current Sale Contract Date: Dec 09, 2022
  • Current Sale Recording Date: Dec 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 88338
  • Previous Sale Recording Date: Jul 06, 2007
  • Previous Sale Contract Date: Jul 02, 2007
  • Previous Sale Amount: $327,000
  • 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:

$330,895

Sale Price/ft²

$185

Below Asking

0.02%

Average Days on Market

89

Average Home Size

1933 ft²

Average Home Age

19.1 years

Currently For Sale

217 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 4014 Oak Forest Drive built and last sold?
The property at 4014 Oak Forest Drive was built in 2004 and last sold on Dec 9, 2022 for $339,000.
How much is this home worth?
The estimated value of the home located at 4014 Oak Forest Drive is $360,728.
What are some comparable homes to 4014 Oak Forest Drive?
There are currently no comparable homes to 4014 Oak Forest Drive.
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