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Wright 32547 Midpines
625 Lang Road
$165,000
● House - Off Market

625 Lang Road

Fort Walton Beach, FL 32547
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,560 Ft²
$287,410
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Large lot located beside a park and close to schools. Hard wood floors, stainless appliances, fireplace, new HVAC, has been rewired.
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$109
Property Type
House
Property Taxes
$131
HOA Dues
-
Year Built
1968

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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 (ECAR MLS #746362)

Price History

Date / Event Date Event Price
Jul 21, 2016 Sold
Premium
Sold
Feb 12, 2016 Listed by Endless Horizons Realty Inc $169,900
Listed by Endless Horizons Realty Inc
Nov 30, 2010 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 444
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,448
  • Lot Size Frontage Feet: 910
  • Total Building Area: 2,160
  • Gross Building Area: 2,160
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MID PINES S/D
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: MID PINES S/D LOT 16 BLK B

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 022002

Geography

  • Assessors Map Reference: 43
  • Parcel: 02-2S-24-1601-000B-0160
  • Block: B
  • Lot: 16
  • Meridian: SEC 02 TWN 02S RNG 24W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.437
  • Longitude: -86.6263

    Address

  • Full Address: 625 Lang Rd
  • Address - House Number: 625
  • Address - Street Name: Lang
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Fort Walton Beach
  • Carrier Code: C025
  • 4-Digit Zip Code: 3670
  • Zip Code: 32547

Valuation

    Tax

  • Total Area: 1,884
  • Tax Year: 2023
  • Tax Amount: $281,603
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 343,071
  • High Value: 415,088
  • Low Value: 271,054

    Market Valuation

  • Market Total Value: $245,299
  • Market Land Value: $65,315
  • Market Improvement Value: $179,984

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,299
  • Assessed Land Value: $65,315
  • Assessed Improvements Value: $179,984

    Sales

  • Current Sale Contract Date: Jul 15, 2016
  • Current Sale Recording Date: Jul 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3079175
  • Previous Sale Recording Date: Nov 30, 2010
  • Previous Sale Contract Date: Nov 24, 2010
  • Previous Sale Amount: $150,000
  • 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 Midpines

Stats & Trends

Median Asking:

$339,500

Sale Price/ft²

$216

Below Asking

0.03%

Average Days on Market

63

Average Home Size

1620 ft²

Average Home Age

57 years

Currently For Sale

1 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: Diane B Keller, Endless Horizons Realty Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 746362
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 625 Lang Road built and last sold?
The property at 625 Lang Road was built in 1968 and last sold on Jul 15, 2016 for $165,000.
How much is this home worth?
The estimated value of the home located at 625 Lang Road is $0.
What are some comparable homes to 625 Lang Road?
There are currently no comparable homes to 625 Lang Road.
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