For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Okaloosa 32539 Triple Lakes Estates
4691 Falcon Way
$110,000
● House - Off Market

4691 Falcon Way

Crestview, FL 32539
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,485 Ft²
$186,238
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

Short Sale. Lovely four bedroom brick and vinyl home with split bedroom floor plan. The large fenced yard on a corner lot will give you something to look forward to after your easy commute to Eglin Air Force Base. Cathedral ceiling in open living room adds spaciousness. Kitchen has breakfast bar. French doors to patio. Master bedroom has walk-in plus linen closet. Master bathroom has double vanity. Faster trip to beaches via new Mid-Bay Bridge By-Pass. Buyer to verify all data. Buyer to rely solely on own appraisal for square footage and own survey for lot size.
Unit Size
1,485 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$72
Property Type
House
Property Taxes
$67
HOA Dues
-
Year Built
2006

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #743894)

Price History

Date / Event Date Event Price
Mar 16, 2016 Sold
Premium
Sold
Jun 23, 2015 Listed by Rulnick Realty Inc $107,000
Listed by Rulnick Realty Inc
Jun 27, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 378
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,681
  • Total Building Area: 1,993
  • Gross Building Area: 1,993
  • Building Area: 1,485
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,485
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRIPLE LAKES ESTATES
  • Land Acres: 0000000268
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: TRIPLE LAKES ESTATES LOT 12 BLK 1

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020306

Geography

  • Assessors Map Reference: MAP 1
  • Parcel: 24-3N-22-2550-0001-0120
  • Block: 1
  • Lot: 12
  • Meridian: SEC 24 TWN 03N RNG 22W
  • Municipality: COUNTY
  • Latitude: 30.7494
  • Longitude: -86.3975

    Address

  • Full Address: 4691 Falcon Way
  • Address - House Number: 4691
  • Address - Street Name: Falcon
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Crestview
  • Carrier Code: R009
  • 4-Digit Zip Code: 8788
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 1,707
  • Tax Year: 2023
  • Tax Amount: $69,444
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 272,710
  • High Value: 330,185
  • Low Value: 215,236

    Market Valuation

  • Market Total Value: $196,211
  • Market Land Value: $10,000
  • Market Improvement Value: $186,211

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,699

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 15, 2016
  • Current Sale Recording Date: Mar 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3054538
  • Previous Sale Recording Date: Jun 27, 2006
  • Previous Sale Contract Date: Jun 26, 2006
  • Previous Sale Amount: $195,000
  • 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 Triple Lakes Estates

Stats & Trends

Median Asking:

$197,500

Sale Price/ft²

$150

Below Asking

0.14%

Average Days on Market

126

Average Home Size

716 ft²

Average Home Age

14.5 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

Rentals Near You

Click here to view more rentals in the neighborhood.
ECAR

Listed by: Wendy Rulnick Hinzman, Rulnick Realty Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 743894
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 4691 Falcon Way built and last sold?
The property at 4691 Falcon Way was built in 2006 and last sold on Mar 15, 2016 for $110,000.
How much is this home worth?
The estimated value of the home located at 4691 Falcon Way is $0.
What are some comparable homes to 4691 Falcon Way?
There are currently no comparable homes to 4691 Falcon Way.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Crestview Homes for Sale
Crestview Houses for Sale
Crestview Townhouses for Sale
Crestview Land for Sale
Crestview Commercial for Sale
Crestview Homes with Basements
Crestview Homes with Pools
Crestview Homes with Parking
Nearby Cities
Wright Homes for Sale
Freeport Homes for Sale
Niceville Homes for Sale
Holley Homes for Sale
Valparaiso Homes for Sale
Shalimar Homes for Sale
Florala Homes for Sale
Laurel Hill Homes for Sale
Nearby Property Records
Okaloosa County, FL Property Records
Walton County, FL Property Records
Santa Rosa County, FL Property Records
Covington County, AL Property Records
Holmes County, FL Property Records
Escambia County, AL Property Records
Escambia County, FL Property Records
Washington County, FL Property Records
Neighborhoods
Port Dixie Real Estate
Kenwod Real Estate
Valparaiso Real Estate
Rocky Bayou Real Estate
Countryview Estates Real Estate
Shalimar Real Estate
Parkwood Real Estate
Fox Valley Real Estate
Nearby Counties
Niceville-Valparaiso Homes for Sale
DeFuniak Springs Homes for Sale
Paxton-Darlington Homes for Sale
Baker Homes for Sale
Laurel Hill Homes for Sale
Munson Homes for Sale
Harold Homes for Sale
Eglin AFB Homes for Sale
Top Real Estate Agents
Top Agents in Triple Lakes Estates
Top Agents in Crestview
Top Agents in 32566
Top Agents in Niceville-Valparaiso
Top Agents in 32539
Top Agents in 32578
Top Agents in 32439
Top Agents in 32547