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Bradford
579 SE 31ST Way
$290,000
● House - Off Market

579 SE 31ST Way

Melrose, FL 32666
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,978 Ft²
$340,560
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

This Beautiful Home is Back on the Market! Come take a look, this hidden gem is waiting for you! Energy efficient construction w/hardy board exterior, architectural shingles, irrigation system, covered entry porch that leads to a welcoming 8' entry door & tiled foyer. Interior features split BR and open FP, 9'ceilings w/crown molding throughout. LR has a gas stone fireplace and french doors that lead out to covered back porch.  Oak hardwood floors throughout LR and DR areas. Kitchen has hickory cabinets, granite countertops and tiled floors. Master suite has a large walk-in closet and french doors that open to the back porch, which overlooks the beautiful fenced backyard.
Unit Size
1,978 Ft²
Days on Market
47 days
Land Size
-
Price per sqft
$152
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2006

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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: 7 months ago (Real MLS #1108314)

Price History

Date / Event Date Event Price
Sep 8, 2021 Sold
Premium
Sold
May 4, 2021 Listed by UNITED REAL ESTATE GALLERY $300,000
Listed by UNITED REAL ESTATE GALLERY
Jul 6, 2020 Sold
Premium
Sold
Jan 10, 2020 Listed by UNITED REAL ESTATE GALLERY $265,000
Listed by UNITED REAL ESTATE GALLERY
Oct 29, 2007 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,393
  • Total Building Area: 2,716
  • Gross Building Area: 2,716
  • Building Area: 1,930
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,930
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GENEVA CREEK S/D
  • Land Acres: 0000000560
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 25 8S 22 COM AT NW COR OF LOT 6 GENEVA CREEK S/D. S25*50'16"W ELY R/W SR-21. S25*50'16"W 214.33' TO ELY R/W SR-21. ELY 22.19' FOR POB. N14*52'34"E 41.01', N06*30'54"E 50.27', N21*27'38E 166.17', N79*02'43"E 51.79' S06*00'03"W 307.87', THENCE N57*30'1

Neighborhood

  • School District Name: Bradford County School District
  • Census Tract: 000301

Geography

  • Parcel: 06203-B-00600
  • Lot: 6
  • Meridian: SEC 25 TWN 08S RNG 22E
  • Municipality: SJWMD
  • Latitude: 29.7624
  • Longitude: -82.0543

    Address

  • Full Address: 579 Se 31st Way
  • Address - House Number: 579
  • Street Direction: SE
  • Address - Street Name: 31st
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Melrose
  • Carrier Code: R004
  • 4-Digit Zip Code: 5332
  • Zip Code: 32666

Valuation

    Tax

  • Total Area: 2,291
  • Tax Year: 2023
  • Tax Amount: $317,350
  • Tax Rate Code Area: 004

    Appraisal Valuation

  • Standard Deviation: 0.4481
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 10
  • Final Value: 358,689
  • High Value: 519,426
  • Low Value: 197,951

    Market Valuation

  • Market Total Value: $310,392
  • Market Land Value: $33,000
  • Market Improvement Value: $277,392

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,549

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 03, 2021
  • Current Sale Recording Date: Sep 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8493
  • Previous Sale Recording Date: Jul 06, 2020
  • Previous Sale Contract Date: Jul 02, 2020
  • Previous Sale Amount: $260,000
  • 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 Bradford

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$194

Below Asking

0.03%

Average Days on Market

90

Average Home Size

1850 ft²

Average Home Age

42.2 years

Currently For Sale

93 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

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Real MLS

Listed by: LINDA F HUGHES, UNITED REAL ESTATE GALLERY
Last Updated: 7 months ago
Data Source: Real MLS, MLS# 1108314
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 579 Southeast 31st Way built and last sold?
The property at 579 Southeast 31st Way was built in 2006 and last sold on Sep 3, 2021 for $290,000.
How much is this home worth?
The estimated value of the home located at 579 Southeast 31st Way is $306,616.
What are some comparable homes to 579 Southeast 31st Way?
There are currently no comparable homes to 579 Southeast 31st Way.
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