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Okaloosa 32569 Sandy Ridge Estates
447 Sandy Ridge Circle
$380,000
● House - Off Market

447 Sandy Ridge Circle

Mary Esther, FL 32569
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,901 Ft²
$386,574
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

New roof installed 2021! This beautiful 3-bedroom, 2.5-bathroom home is a ONE-of-a-kind charmer. Step inside to discover incredible high ceilings, tiled floors, and a fireplace in the great room. The kitchen features plenty of cabinet space and granite countertops. Retreat to the three cozy bedrooms, with the primary suite on the first floor having french doors leading to the backyard patio and a spacious en-suite bathroom with separate tub and shower. Upstairs you'll find a few nice surprises with skylights providing a vibrant vibe and one of the bedrooms having a balcony overlooking the backyard. Located in a desirable neighborhood, this home is just moments away from Hurlburt Field and the Emerald Coast beaches! A truly exceptional property. Schedule a showing today.
Unit Size
1,901 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$205
Property Type
House
Property Taxes
$201
HOA Dues
-
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 #926667)

Price History

Date / Event Date Event Price
Sep 22, 2023 Sold
Premium
Sold
Jun 30, 2023 Listed by Realty ONE Group Emerald Coast $389,000
Listed by Realty ONE Group Emerald Coast
Jun 21, 2021 Sold
Premium
Sold
May 8, 2021 No longer available -
No longer available
May 4, 2021 Listed by Realty ONE Group Emerald Coast $315,000
Listed by Realty ONE Group Emerald Coast
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

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
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 418
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 58
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,946
  • Total Building Area: 2,543
  • Gross Building Area: 2,543
  • Building Area: 1,901
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,901
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SANDY RIDGE EST
  • Land Acres: 0000000114
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SANDY RIDGE EST LOT 24 BLK A

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023100

Geography

  • Assessors Map Reference: 49
  • Parcel: 16-2S-25-212B-000A-0240
  • Block: A
  • Lot: 24
  • Meridian: SEC 16 TWN 02S RNG 25W
  • Municipality: FLOROSA FIRE (SW)
  • Latitude: 30.4083
  • Longitude: -86.7619

    Address

  • Full Address: 447 Sandy Ridge Cir
  • Address - House Number: 447
  • Address - Street Name: Sandy Ridge
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Mary Esther
  • Carrier Code: R005
  • 4-Digit Zip Code: 2113
  • Zip Code: 32569

Valuation

    Tax

  • Total Area: 2,176
  • Tax Year: 2023
  • Tax Amount: $254,515
  • Tax Rate Code Area: 021

    Appraisal Valuation

  • Standard Deviation: 0.1936
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 368,872
  • High Value: 440,322
  • Low Value: 297,422

    Market Valuation

  • Market Total Value: $255,440
  • Market Land Value: $51,104
  • Market Improvement Value: $204,336

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,907

    Sales

  • Current Sale Contract Date: Sep 16, 2023
  • Current Sale Recording Date: Sep 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3648460
  • Previous Sale Recording Date: Jun 21, 2021
  • Previous Sale Contract Date: Jun 16, 2021
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Sandy Ridge Estates

Stats & Trends

Median Asking:

$329,200

Sale Price/ft²

$227

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1236 ft²

Average Home Age

32.5 years

Currently For Sale

0 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: Garrett T Carr, Realty ONE Group Emerald Coast
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 926667
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 447 Sandy Ridge Circle built and last sold?
The property at 447 Sandy Ridge Circle was built in 1992 and last sold on Sep 16, 2023 for $380,000.
How much is this home worth?
The estimated value of the home located at 447 Sandy Ridge Circle is $390,040.
What are some comparable homes to 447 Sandy Ridge Circle?
There are currently no comparable homes to 447 Sandy Ridge Circle.
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