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Union 32054
5220 SW 47TH Loop
$85,000
● House - Off Market

5220 SW 47TH Loop

Lake Butler, FL 32054
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,552 Ft²
$165,584
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Great property to  fix up in Union County on 2 acres.
Unit Size
1,552 Ft²
Days on Market
-
Land Size
-
Price per sqft
$72
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976

Payment Calculator

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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 (Real MLS #991140)

Price History

Date / Event Date Event Price
Apr 26, 2019 Sold
Premium
Sold
Apr 22, 2019 Listed by NON MLS (realMLS) $111,587
Listed by NON MLS (realMLS)
Aug 15, 2014 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 2,204
  • Building Area: 1,552
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,552
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: COM AT SW COR OF SW 1/4 OF NE 1/4 FOR POB TH RUN N 181.81 FT TH RUN W 210 FT TH RUN S 420 FT TH RUN E 210 FT TH RUN N 238.19 FT TO POB

Neighborhood

  • School District Name: Union County School District
  • Census Tract: 960300

Geography

  • Parcel: 08-06-18-00-000-0260-0
  • Lot: 26
  • Meridian: SEC 08 TWN 06S RNG 18E
  • Municipality: COUNTY, UNINCORPORATED AREAS
  • Latitude: 29.9791
  • Longitude: -82.5347

    Address

  • Full Address: 5220 Sw 47th Loop
  • Address - House Number: 5220
  • Street Direction: SW
  • Address - Street Name: 47th
  • Address - Suffix Type: Loop
  • State: FL
  • City Name: Lake Butler
  • Carrier Code: R005
  • 4-Digit Zip Code: 7353
  • Zip Code: 32054

Valuation

    Tax

  • Total Area: 1,728
  • Tax Year: 2022
  • Tax Amount: $68,958
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.4272
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 14
  • Final Value: 79,841
  • High Value: 113,953
  • Low Value: 45,728

    Market Valuation

  • Market Total Value: $80,218
  • Market Land Value: $19,000
  • Market Improvement Value: $61,218

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,034

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 22, 2019
  • Current Sale Recording Date: Apr 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 20190000954
  • Previous Sale Recording Date: Aug 15, 2014
  • Previous Sale Contract Date: Aug 12, 2014
  • Previous Sale Amount: $105,000
  • 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 Union

Stats & Trends

Median Asking:

$332,500

Sale Price/ft²

$189

Below Asking

0.06%

Average Days on Market

119

Average Home Size

2092 ft²

Average Home Age

42.2 years

Currently For Sale

17 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

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Real MLS

Listed by: NON MLS (realMLS), NON MLS (realMLS)
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 991140
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. Data is deemed reliable but is not guaranteed accurate by NEFMLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 5220 Southwest 47th Loop built and last sold?
The property at 5220 Southwest 47th Loop was built in 1976 and last sold on Apr 22, 2019 for $85,000.
How much is this home worth?
The estimated value of the home located at 5220 Southwest 47th Loop is $0.
What are some comparable homes to 5220 Southwest 47th Loop?
There are currently no comparable homes to 5220 Southwest 47th Loop.
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