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Okaloosa 32539
5830 Willow Lane
$165,000
● House - Off Market

5830 Willow Lane

Crestview, FL 32539
bedrooms
3 Beds
bathrooms
2 Baths
$242,959
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

Real Estate Owned REO. Privacy, mostly brick exterior overlooking nearly 880 yards of breath-taking wooded nature trails with man-made bridges over babbling brooks. You enter the long circular driveway from county maintained paved road. 3 bedroom, 2 bath home. A large floor to ceiling brick fireplace further enhances the beauty of the living room. You'll enjoy the ranch-style atmosphere of the kitchen/dining area, and appreciate the privacy of the large family room. Located only 37 miles from the beautiful Okaloosa Island beaches of the Gulf of Mexico, and 27 miles from Eglin AFB West Gate.
Unit Size
-
Days on Market
69 days
Land Size
5.95 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976

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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 (ECAR #837371)

Price History

Date / Event Date Event Price
Mar 18, 2020 Sold
Premium
Sold
Dec 27, 2019 Listed by ERA American Real Estate $169,900
Listed by ERA American Real Estate
Nov 15, 2019 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 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: 59
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 250,034
  • Lot Size Frontage Feet: 3,960
  • Total Building Area: 2,310
  • Gross Building Area: 2,310
  • Building Area: 2,226
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,226
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005740
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: S1/2 OF NW1/4 OF SW1/4 OF SE1/4 & N 66 FT OF SW1/4 OF SW1/4 OF SE1/4 909-266

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020305

Geography

  • Assessors Map Reference: 11
  • Parcel: 36-4N-23-0000-0001-032A
  • Block: 1
  • Meridian: SEC 36 TWN 04N RNG 23W
  • Municipality: COUNTY
  • Latitude: 30.7962
  • Longitude: -86.4988

    Address

  • Full Address: 5830 Willow Ln
  • Address - House Number: 5830
  • Address - Street Name: Willow
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Crestview
  • Carrier Code: R027
  • 4-Digit Zip Code: 5110
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 2,251
  • Tax Year: 2023
  • Tax Amount: $127,777
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.186
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 75
  • Final Value: 278,494
  • High Value: 330,314
  • Low Value: 226,674

    Market Valuation

  • Market Total Value: $203,446
  • Market Land Value: $28,980
  • Market Improvement Value: $174,466

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $157,222

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 18, 2020
  • Current Sale Recording Date: Mar 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3345678
  • Previous Sale Recording Date: Nov 15, 2019
  • Previous Sale Contract Date: Oct 31, 2019
  • Previous Sale Amount: $96,200
  • Previous Sale Document Type: 23
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 Okaloosa

Stats & Trends

Median Asking:

$372,500

Sale Price/ft²

$219

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1847 ft²

Average Home Age

28.9 years

Currently For Sale

2389 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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ECAR

Listed by: Brandon Jordan, ERA American Real Estate
Last Updated: 7 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 837371
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 5830 Willow Lane built and last sold?
The property at 5830 Willow Lane was built in 1976 and last sold on Feb 18, 2020 for $165,000.
How much is this home worth?
The estimated value of the home located at 5830 Willow Lane is $171,599.
What are some comparable homes to 5830 Willow Lane?
There are currently no comparable homes to 5830 Willow Lane.
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