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Miramar Beach 32550
44 Chase Run
$215,000
● House - Off Market

44 Chase Run

Miramar Beach, FL 32550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,356 Ft²
$404,947
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Live by the bay in lovely neighborhood near everything! This is a great house with split floorplan. Close to the community bay-front pool and dock, just waiting for your fishing pole. New carpet with pet guard pad with lifetime guarantee. Kitchen with large breakfast bar, bright eat-in nook. Needs a little work, but there are new appliances! No fingerprint stainless refrigerator, new dishwasher and disposal. Living room with corner fireplace. Screened porch. Roof new 2008, HVAC 2010. Near Silver Sands Outlet Mall, beaches, more. Low association fees. Buyer to verify all data. Square footage source  Walton Co. Property Appraiser website. Buyer to rely solely on own appraisal for square footage and own survey for lot
Unit Size
1,356 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$165
Property Type
House
Property Taxes
$75
HOA Dues
$85
Year Built
1992

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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 MLS #721620)

Price History

Date / Event Date Event Price
Apr 30, 2015 Sold
Premium
Sold
Mar 1, 2015 Sold
Premium
Sold
Jan 22, 2015 Listed by Rulnick Realty Inc $224,000
Listed by Rulnick Realty Inc

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,579
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,977
  • Gross Building Area: 1,977
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAY BRIDGE LANDING
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 14 BAY BRIDGE LANDING PB 8-40 OR 867-163 OR 1931-204 OR 2969-4941 OR 2977-3676

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950608

Geography

  • Assessors Map Reference: S2-29-21
  • Parcel: 29-2S-21-42940-000-0140
  • Block: 1
  • Lot: 14
  • Meridian: SEC 29 TWN 02S RNG 021
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3879
  • Longitude: -86.3684

    Address

  • Full Address: 44 Chase Run
  • Address - House Number: 44
  • Address - Street Name: Chase
  • Address - Suffix Type: Run
  • State: FL
  • City Name: Miramar Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 3965
  • Zip Code: 32550

Valuation

    Tax

  • Total Area: 1,677
  • Tax Year: 2022
  • Tax Amount: $269,761
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2713
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 542,476
  • High Value: 689,695
  • Low Value: 395,257

    Market Valuation

  • Market Total Value: $334,495
  • Market Land Value: $86,874
  • Market Improvement Value: $247,621

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $334,495
  • Assessed Land Value: $86,874
  • Assessed Improvements Value: $247,621

    Sales

  • Current Sale Contract Date: Apr 29, 2015
  • Current Sale Recording Date: Apr 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015661320649
  • Previous Sale Recording Date: Mar 01, 2015
  • Previous Sale Contract Date: Mar 01, 2015
  • Previous Sale Amount: $100
  • Previous Sale Document Type: 27
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 Miramar Beach

Stats & Trends

Median Asking:

$735,000

Sale Price/ft²

$500

Below Asking

0.03%

Average Days on Market

83

Average Home Size

1711 ft²

Average Home Age

26.6 years

Currently For Sale

983 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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ECAR

Listed by: Wendy Rulnick Hinzman, Rulnick Realty Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 721620
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 44 Chase Run built and last sold?
The property at 44 Chase Run was built in 1992 and last sold on Apr 29, 2015 for $215,000.
How much is this home worth?
The estimated value of the home located at 44 Chase Run is $0.
What are some comparable homes to 44 Chase Run?
There are currently no comparable homes to 44 Chase Run.
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