When was property at 501 Tropical Way built and last sold?

The property at 501 Tropical Way was built in 2006 and last sold on Dec 28, 2017 for $158,500.

How much is this home worth?

The estimated value of the home located at 501 Tropical Way is $300,660.

What are some comparable homes to 501 Tropical Way?

There are currently no comparable homes to 501 Tropical Way.

Walton

32439

501 Tropical Way

Sold on Apr 5, 2024

Map

$252,000

● House - Off Market

501 Tropical Way

Freeport, FL 32439

3 Beds

2 Baths

1,463 Ft²

$1,523

Est. Monthly

7.51%

Cap Rate

About This Property

Charming 3BR/2BA home with dining area & galley kitchen that features a breakfast bar, granite countertops & stainless appliances. Open concept living room with new LVP flooring. Fresh paint throughout. Textured ceiling, no popcorn. Two bedrooms downstairs with bath in between. Enjoy the privacy of an upstairs large master suite complete with vaulted ceiling and walk-in closet. The MBA includes dual vanities, tub/shower combo, and attic storage space. Massive backyard. This S/D does not have an HOA, making it easy to store your boat and RV on your property. You are within minutes to public boat launches at Pilcher Park & Grady Brown Park. Only 20 minutes to the Blue Mountain public beach access. Great as your residence or as a rental investment property.

Unit Size

1,463 Ft²

Days on Market

76 days

Land Size

0.33 acres

Price per sqft

$191

Property Type

House

Property Taxes

$147

HOA Dues

Year Built

2006

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (ECAR #940197)

Price History

Date / Event	Date	Event
Apr 5, 2024	Sold	Premium
Sold
Jan 16, 2024	Listed by Berkshire Hathaway Home Services PenFed Realty	$280,000
Listed by Berkshire Hathaway Home Services PenFed Realty
Jan 11, 2018	Sold	Premium
Sold
Apr 2, 2010	Sold	Premium
Sold

Property Highlights

Building Info

Overview

General

Year Built: 2006

Effective Year Built: 2006
Building Count: 1
Bedroom Count: 2
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 6
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: 3
Floor Count: 200
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 5
Porch Type: 126
Pool Type: 0

Dimensions

Lot Size Square Feet: 14,535

Lot Size Depth Feet: 1,900
Lot Size Frontage Feet: 760
Total Building Area: 1,463
Gross Building Area: 1,463
Building Area: 1,463
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 1,463
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: BRANDON OAKS 2ND ADDITION
Land Acres: 0000000334
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: LOT 20 BLK B BRANDON OAKS 2ND ADDITION PB 16-76 OR 2759-2015 OR 2812-174 OR 2839-14 OR 3062-4835

Neighborhood

School District Name: Walton County School District

Census Tract: 950502

Geography

Assessors Map Reference: S1-33-19

Parcel: 33-1S-19-23033-00B-0200
Block: B
Lot: 20
Meridian: SEC 33 TWN 01S RNG 019
Municipality: COUNTY
Latitude: 30.4468
Longitude: -86.1453

Address

Full Address: 501 Tropical Way

Address - House Number: 501
Address - Street Name: Tropical
Address - Suffix Type: Way
State: FL
City Name: Freeport
Carrier Code: R002
4-Digit Zip Code: 4799
Zip Code: 32439

Valuation

Tax

Total Area: 1,540

Tax Year: 2022
Tax Amount: $176,698
Tax Rate Code Area: 005

Appraisal Valuation

Standard Deviation: 0.4622

Valuation Date: Jan 17, 2024
Confidence Score: 7
Final Value: 254,873
High Value: 372,684
Low Value: 137,061

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Market Valuation

Market Total Value: $227,683

Market Land Value: $36,239
Market Improvement Value: $191,444

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $227,683
Assessed Land Value: $36,239
Assessed Improvements Value: $191,444

Sales

Current Sale Contract Date: Dec 28, 2017

Current Sale Recording Date: Jan 11, 2018
Current Sale Price:

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Current Sale Document Type: 71
Current Sale Input Document Number: 2018000001326
Previous Sale Recording Date: Apr 02, 2010
Previous Sale Contract Date: Mar 29, 2010
Previous Sale Amount: $90,000
Previous Sale Document Type: 68

Last Sale Mortgage

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Previous Mortgages

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Walton

Stats & Trends

Median Asking:

$699,999

Sale Price/ft²

$401

Below Asking

0.02%

Average Days on Market

Average Home Size

2265 ft²

Average Home Age

17.6 years

Currently For Sale

3392 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

Currently no nearby rentals

Listed by: Colleen K Krika, Berkshire Hathaway Home Services PenFed Realty
Last Updated: 4 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 940197

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.