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Niceville 32578
638 29Th Street
$111,500
● House - Off Market

638 29Th Street

Niceville, FL 32578
bedrooms
1 Bed
bathrooms
1 Bath
square feet
678 Ft²
$192,459
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Have ever dreamed of owning your little piece of paradise with such quaintness and warmth? You have found it in the heart of Niceville. Don't let the age fool you as it has been updated to 1995 by the county. This home whispers Welcome and Come on in! The seller has taken eminence time and labor of love to bring out the beauty and characteristics of this home. The care of taking apart the old roof to be able to restore and re-purpose it throughout the home. If these walls could talk they would speak volumes to you. From the restored wood to the exposed rafters to the bead board from the 1850's on the ceiling - you will fall in love. Located in walking distance to the bay and Lion's Park. Plenty of room to store your outside toys too! Make your appt today to see this beautiful home
Unit Size
678 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$168
Property Type
House
Property Taxes
$53
HOA Dues
-
Year Built
1964

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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 #757334)

Price History

Date / Event Date Event Price
Sep 14, 2016 Sold
Premium
Sold
Jul 20, 2016 Listed by ERA American Real Estate $114,000
Listed by ERA American Real Estate
Nov 18, 2014 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 23
  • 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: 58
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,076
  • Lot Size Frontage Feet: 500
  • Total Building Area: 702
  • Gross Building Area: 702
  • Building Area: 678
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 678
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HELMS & ALLEN S/D
  • Land Acres: 0000000117
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: HELMS & ALLEN S/D LOT 16 BLK 10

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021101

Geography

  • Assessors Map Reference: 23
  • Parcel: 07-1S-22-1130-0010-0160
  • Block: 10
  • Lot: 16
  • Meridian: SEC 07 TWN 01S RNG 22W
  • Municipality: NICEVILLE
  • Latitude: 30.5153
  • Longitude: -86.4803

    Address

  • Full Address: 638 29th St
  • Address - House Number: 638
  • Address - Street Name: 29th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Niceville
  • Carrier Code: C011
  • 4-Digit Zip Code: 2564
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 683
  • Tax Year: 2023
  • Tax Amount: $51,419
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 75
  • Final Value: 200,685
  • High Value: 237,674
  • Low Value: 163,696

    Market Valuation

  • Market Total Value: $119,037
  • Market Land Value: $43,707
  • Market Improvement Value: $75,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,299

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 09, 2016
  • Current Sale Recording Date: Sep 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3089763
  • Previous Sale Recording Date: Nov 18, 2014
  • Previous Sale Contract Date: Nov 04, 2014
  • Previous Sale Amount: $36,900
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: ADJ
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 Niceville

Stats & Trends

Median Asking:

$420,000

Sale Price/ft²

$250

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2024 ft²

Average Home Age

27.4 years

Currently For Sale

63 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: Marsha Babe, ERA American Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 757334
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 638 29th Street built and last sold?
The property at 638 29th Street was built in 1964 and last sold on Sep 9, 2016 for $111,500.
How much is this home worth?
The estimated value of the home located at 638 29th Street is $114,961.
What are some comparable homes to 638 29th Street?
There are currently no comparable homes to 638 29th Street.
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