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Bay 32444
4609 Schooner Lane
Photo of 4609 Schooner Lane
Sold on Apr 30, 2020

38

Map

Photo of 4609 Schooner Lane
Photo of 4609 Schooner Lane
$193,000
● Land - Off Market

4609 Schooner Lane

Lynn Haven, FL 32444
bedrooms
Studio
bathrooms
0 Bath
$282,957
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

''CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS'' Navigable WATERFRONT LOT in desired LYNN HAVEN school district. Perfect opportunity for boaters to get on the water with a lift, seawall and infrastructure already in place. Come build the waterfront home of your dreams! A brand new boat lift that can accommodate a 28ft boat was just installed. The canal at high tide is between 5 and 5.5 ft deep.
Unit Size
-
Days on Market
145 days
Land Size
0.45 acres
Price per sqft
-
Property Type
Land
Property Taxes
$225
HOA Dues
-
Year Built
2021

Payment Calculator

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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: 26 days ago ( #691615)

Price History

Date / Event Date Event Price
May 4, 2020 Sold
Premium
Sold
Dec 6, 2019 Listed by Keller Williams Success Realty $199,000
Listed by Keller Williams Success Realty
Jul 10, 2013 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 35
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 19,776
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 2,932
  • Gross Building Area: 2,932
  • Building Area: 2,470
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,470
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAYWOOD SHORES ESTATES
  • Land Acres: 0000000454
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: BAYWOOD SHORE EST U-5 BEG 720 N OF NE COR BLK A BSE U-3 TH N 120 W 165 M/L TO CANAL SLY 120 M/L E 165 TO POB AKA LOT 13 BLK S M-90B -5.318- ORB 4248 P 207

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 001404

Zoning

  • Zoning: R1

Geography

  • Parcel: 11715-318-000
  • Block: A
  • Lot: 13
  • Meridian: SEC 17 TWN 03S RNG 14W
  • Municipality: FIRE COUNTY MOSQUITO
  • Latitude: 30.2319
  • Longitude: -85.6773

    Address

  • Full Address: 4609 Schooner Ln
  • Address - House Number: 4609
  • Address - Street Name: Schooner
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Lynn Haven
  • Carrier Code: C002
  • 4-Digit Zip Code: 3449
  • Zip Code: 32444

Valuation

    Tax

  • Total Area: 2,585
  • Tax Year: 2023
  • Tax Amount: $421,265
  • Tax Rate Code Area: 055

    Appraisal Valuation

  • Standard Deviation: 0.2073
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 71
  • Final Value: 582,207
  • High Value: 702,929
  • Low Value: 461,485

    Market Valuation

  • Market Total Value: $469,223
  • Market Land Value: $168,480
  • Market Improvement Value: $300,743

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $372,263

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 29, 2020
  • Current Sale Recording Date: May 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020029176
  • Previous Sale Recording Date: Jul 10, 2013
  • Previous Sale Contract Date: Jun 26, 2013
  • Previous Sale Amount: $302,000
  • 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 Bay

Stats & Trends

Median Asking:

$386,338

Sale Price/ft²

$244

Below Asking

0.02%

Average Days on Market

110

Average Home Size

1520 ft²

Average Home Age

24.5 years

Currently For Sale

2921 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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Frequently Asked Questions

When was property at 4609 Schooner Lane built and last sold?
The property at 4609 Schooner Lane was built in 2021 and last sold on Apr 29, 2020 for $193,000.
How much is this home worth?
The estimated value of the home located at 4609 Schooner Lane is $200,990.
What are some comparable homes to 4609 Schooner Lane?
There are currently no comparable homes to 4609 Schooner Lane.
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