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Crestview 32539
550 PURL ADAMS Avenue
$116,000
● House - Off Market

550 PURL ADAMS Avenue

Crestview, FL 32539
bedrooms
2 Beds
bathrooms
1 Bath
$150,671
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Calling on all investors and first time home buyers. This 2/1 is located in central Crestview within walking distance of Twin Hills park. Home has a metal roof, A/C system installed in 2005, fresh paint, new fixtures, and cooled Florida Room. Plenty of storage in the backyard with a workshop, garden shed, and a gazebo to sit in and relax. Call to schedule your showing today!!!
Unit Size
-
Days on Market
30 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965

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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: 10 months ago (ECAR #852177)

Price History

Date / Event Date Event Price
Sep 1, 2020 Sold
Premium
Sold
Aug 1, 2020 Listed by RE/MAX Agency One $110,000
Listed by RE/MAX Agency One
Apr 10, 2013 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 210
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 98
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,753
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,702
  • Gross Building Area: 1,702
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 912
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000201
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: BEG NW COR OF NW1/4 S 2129.50 FT E 314 FT N 33 FT TO POB N120 FT W70 FT

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020400

Geography

  • Assessors Map Reference: 15A
  • Parcel: 16-3N-23-0000-0029-0000
  • Block: 29
  • Meridian: SEC 16 TWN 03N RNG 23W
  • Municipality: CRESTVIEW
  • Latitude: 30.7601
  • Longitude: -86.5587

    Address

  • Full Address: 550 Purl Adams Ave
  • Address - House Number: 550
  • Address - Street Name: Purl Adams
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Crestview
  • Carrier Code: C005
  • 4-Digit Zip Code: 3611
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 1,222
  • Tax Year: 2023
  • Tax Amount: $59,125
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.2153
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 168,306
  • High Value: 204,543
  • Low Value: 132,068

    Market Valuation

  • Market Total Value: $107,323
  • Market Land Value: $7,292
  • Market Improvement Value: $100,031

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,083

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 31, 2020
  • Current Sale Recording Date: Sep 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3387470
  • Previous Sale Recording Date: Apr 10, 2013
  • Previous Sale Contract Date: Apr 09, 2013
  • Previous Sale Amount: $47,000
  • 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 Crestview

Stats & Trends

Median Asking:

$284,000

Sale Price/ft²

$166

Below Asking

0.02%

Average Days on Market

74

Average Home Size

1825 ft²

Average Home Age

22.3 years

Currently For Sale

190 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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ECAR

Listed by: Tomasz A Bielenin, RE/MAX Agency One
Last Updated: 10 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 852177
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 550 Purl Adams Avenue built and last sold?
The property at 550 Purl Adams Avenue was built in 1965 and last sold on Aug 31, 2020 for $116,000.
How much is this home worth?
The estimated value of the home located at 550 Purl Adams Avenue is $0.
What are some comparable homes to 550 Purl Adams Avenue?
There are currently no comparable homes to 550 Purl Adams Avenue.
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