For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Chipley 32428
579 Main Street
$25,000
● House - Off Market

579 Main Street

Chipley, FL 32428
bedrooms
2 Beds
bathrooms
1 Bath
square feet
552 Ft²
$197
Est. Monthly

About This Property

ATTENTION INVESTORS. Several opportunities await in Chipley on Main street. This interior lot home is needing its remodel process to be completed. There is an adjoining corner parcel with another home that can be purchased as a package deal giving you several opportunities such as a total of 2 rentals properties, 2 fix and flips, or expand your rental potential by building two additional homes on the backside of the two parcels. MLS # 965393 Local schools are Kate M. Smith Elementary, Roulhac Middle, and Chipley High School. MOTIVATED seller . BRING ALL OFFERS
Unit Size
552 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$72
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1946

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #965536)

Price History

Date / Event Date Event Price
Apr 8, 2025 Sold
Premium
Sold
Mar 2, 2025 In contract -
In contract
Jan 19, 2025 Price Decreased $40,000
↓ $10K (20%)
Price Decreased
Jan 3, 2025 Listed by Keller Williams Realty FWB $50,000
Listed by Keller Williams Realty FWB
Jul 2, 2007 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 13
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 21
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,492
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 780
  • Gross Building Area: 780
  • Building Area: 552
  • Building Area Measurement: L

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RUBENSTEIN & LAKEN ADD/CHIPLEY
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 0100
  • Legal Description 1: 33 5 13 OR 733 P 533 LOTS 48,49. R&L/A BLK B

Neighborhood

  • School District Name: Washington County School District
  • Census Tract: 970104

Geography

  • Parcel: 00000000-00-2842-0000
  • Block: B
  • Lot: 48,49
  • Meridian: SEC 33 TWN 05S RNG 13W
  • Municipality: CITY OF CHIPLEY
  • Latitude: 30.7916
  • Longitude: -85.5387

    Address

  • Full Address: 579 Main St
  • Address - House Number: 579
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: FL
  • City Name: Chipley
  • Carrier Code: C001
  • 4-Digit Zip Code: 1249
  • Zip Code: 32428

Valuation

    Tax

  • Total Area: 581
  • Tax Year: 2022
  • Tax Amount: $30,955
  • Tax Rate Code Area: 0002

    Appraisal Valuation

  • Standard Deviation: 0.4381
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 12
  • Final Value: 20,070
  • High Value: 28,864
  • Low Value: 11,275

    Market Valuation

  • Market Total Value: $16,092
  • Market Land Value: $2,750
  • Market Improvement Value: $13,342

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,092
  • Assessed Land Value: $2,750
  • Assessed Improvements Value: $13,342

    Sales

  • Current Sale Contract Date: Jun 22, 2007
  • Current Sale Recording Date: Jul 02, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2007005817
  • Previous Sale Recording Date: Mar 22, 2007
  • Previous Sale Contract Date: Mar 22, 2007
  • Previous Sale Amount: $1,000
  • 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 Chipley

Stats & Trends

Median Asking:

$187,400

Sale Price/ft²

$115

Below Asking

0.02%

Average Days on Market

49

Average Home Size

1409 ft²

Average Home Age

74.4 years

Currently For Sale

20 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: Green Beret Group, Keller Williams Realty FWB
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 965536
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 579 Main Street built and last sold?
The property at 579 Main Street was built in 1946 and last sold on Jun 22, 2007 for $17,500.
How much is this home worth?
The estimated value of the home located at 579 Main Street is $0.
What are some comparable homes to 579 Main Street?
There are currently no comparable homes to 579 Main Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Chipley Homes for Sale
Chipley Houses for Sale
Chipley Land for Sale
Chipley Commercial for Sale
Chipley Homes with Basements
Chipley Homes with Pools
Chipley Homes with Parking
Chipley Homes with Garages
Nearby Cities
Marianna Homes for Sale
Bonifay Homes for Sale
Graceville Homes for Sale
Vernon Homes for Sale
Cottondale Homes for Sale
Alford Homes for Sale
Esto Homes for Sale
Westville Homes for Sale
Nearby Property Records
Washington County, FL Property Records
Holmes County, FL Property Records
Jackson County, FL Property Records
Geneva County, AL Property Records
Houston County, AL Property Records
Calhoun County, FL Property Records
Seminole County, GA Property Records
Walton County, FL Property Records
Nearby Counties
Vernon Homes for Sale
Marianna Homes for Sale
Bonifay Homes for Sale
Alford Homes for Sale
Graceville Homes for Sale
Caryville Homes for Sale
Cottondale Homes for Sale
Esto-Noma Homes for Sale
Top Real Estate Agents
Top Agents in Chipley
Top Agents in 32428
Top Agents in Vernon
Top Agents in Marianna
Top Agents in 32446
Top Agents in 32425
Top Agents in Marianna
Top Agents in Bonifay