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Okaloosa 32539 Shoal Ridge
4759 Melissa Cove
$53,000
● House - Off Market

4759 Melissa Cove

Crestview, FL 32539
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,298 Ft²
$83,961
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

Real Estate Owned REO. Three bedroom, 2 bath home south of I-10 close to bases, schools, shopping, hospitals and amenities. This home features a unique fireplace and the woodwork throughout this home is something you must see to appreciate the potential rustic charm along with tiled flooring with design layouts. Great starter or retirement home, hard to find under 100k.
Unit Size
1,298 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$41
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988

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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: 2 years ago (ECAR MLS #782886)

Price History

Date / Event Date Event Price
Feb 5, 2020 Sold
Premium
Sold
Jan 2, 2018 Sold
Premium
Sold
Sep 7, 2017 Listed by ERA American Real Estate $53,000
Listed by ERA American Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • 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: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 560
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,864
  • Total Building Area: 1,925
  • Gross Building Area: 1,925
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHOAL RIDGE
  • Land Acres: 0000000249
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SHOAL RIDGE LOT 2

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020702

Geography

  • Assessors Map Reference: 15C
  • Parcel: 34-3N-23-220A-0000-0020
  • Lot: 2
  • Meridian: SEC 34 TWN 03N RNG 23W
  • Municipality: COUNTY
  • Latitude: 30.72
  • Longitude: -86.54

    Address

  • Full Address: 4759 Melissa Cv
  • Address - House Number: 4759
  • Address - Street Name: Melissa
  • Address - Suffix Type: Cv
  • State: FL
  • City Name: Crestview
  • Carrier Code: R011
  • 4-Digit Zip Code: 8360
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 1,517
  • Tax Year: 2023
  • Tax Amount: $101,078
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 250,089
  • High Value: 302,796
  • Low Value: 197,382

    Market Valuation

  • Market Total Value: $180,565
  • Market Land Value: $36,000
  • Market Improvement Value: $144,565

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,497

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 31, 2020
  • Current Sale Recording Date: Feb 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3335351
  • Previous Sale Recording Date: Jan 02, 2018
  • Previous Sale Contract Date: Dec 28, 2017
  • Previous Sale Amount: $53,000
  • Previous Sale Document Type: 68
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 Shoal Ridge

Stats & Trends

Median Asking:

$175,000

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

30

Average Home Size

0 ft²

Average Home Age

38 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: Brandon Jordan, ERA American Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 782886
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 4759 Melissa Cove built and last sold?
The property at 4759 Melissa Cove was built in 1988 and last sold on Jan 31, 2020 for $164,900.
How much is this home worth?
The estimated value of the home located at 4759 Melissa Cove is $0.
What are some comparable homes to 4759 Melissa Cove?
There are currently no comparable homes to 4759 Melissa Cove.
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