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Niceville 32578
513 Oak Avenue
$191,000
● House - Off Market

513 Oak Avenue

Niceville, FL 32578
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,347 Ft²
$315,947
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Perfect home in central Niceville on a large lot. This home has been freshly painted on the exterior and interior and is ready for immediate occupancy. The lot features mature landscaping and a brick facade as well as a newer dimensional shingle roof. Inside the home features new lighting, a tiled entry, kitchen and dining area and new carpet in the living room and bedrooms. The kitchen has newer appliances and updated counters. The living room features a floor to ceiling brick fireplace with wood mantle. The master bedroom has a walk in closet and separated vanity area as well as a large stand up tile shower. The back yard is spacious and has many beautifully blooming azaleas. There is a storage shed as well. Call today to see this great home.
Unit Size
1,347 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$137
Property Type
House
Property Taxes
$52
HOA Dues
-
Year Built
1985

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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 #748499)

Price History

Date / Event Date Event Price
May 6, 2016 Sold
Premium
Sold
Mar 14, 2016 Listed by Sound Choice Real Estate LLC $185,000
Listed by Sound Choice Real Estate LLC
Feb 1, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • 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: 2
  • 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: 456
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,799
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,823
  • Gross Building Area: 1,823
  • Building Area: 1,347
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,347
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALPARAISO P/C
  • Land Acres: 0000000294
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: VALPARAISO P/C #5 N40 FT LOT 19 & S40 FT LOT 20 BLK 94

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021102

Geography

  • Assessors Map Reference: 23
  • Parcel: 05-1S-22-256E-0094-0200
  • Block: 94
  • Lot: 19,20
  • Meridian: SEC 05 TWN 01S RNG 22W
  • Municipality: NICEVILLE
  • Latitude: 30.5066
  • Longitude: -86.4626

    Address

  • Full Address: 513 Oak Ave
  • Address - House Number: 513
  • Address - Street Name: Oak
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Niceville
  • Carrier Code: R015
  • 4-Digit Zip Code: 3312
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 1,604
  • Tax Year: 2023
  • Tax Amount: $143,447
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 338,404
  • High Value: 403,888
  • Low Value: 272,920

    Market Valuation

  • Market Total Value: $224,151
  • Market Land Value: $61,366
  • Market Improvement Value: $162,785

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $147,331

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 29, 2016
  • Current Sale Recording Date: Feb 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3045642
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 Niceville

Stats & Trends

Median Asking:

$422,450

Sale Price/ft²

$251

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1975 ft²

Average Home Age

28 years

Currently For Sale

63 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: Andrew Tidwell, Sound Choice Real Estate LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 748499
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 513 Oak Avenue built and last sold?
The property at 513 Oak Avenue was built in 1985 and last sold on Jan 29, 2016 for $112,000.
How much is this home worth?
The estimated value of the home located at 513 Oak Avenue is $0.
What are some comparable homes to 513 Oak Avenue?
There are currently no comparable homes to 513 Oak Avenue.
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