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Okaloosa 32539
6395 Lumber Ridge Road
$450,000
● House - Off Market

6395 Lumber Ridge Road

Crestview, FL 32539
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,935 Ft²
$532,260
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

If privacy is what you want, look no further.  This classic home sits on approximately 17 acres of beautiful land with mature oaks, magnolias, pines, and more.  It is partially wooded with lots of trails to walk or ride and enjoy nature.  There's also lots of cleared space and with two septics, two wells, and two power poles there's plenty of room to bring family or friends to have them close. The large workshop will also provide plenty of shelter for boats, atv's, lawn mowers, etc. The home has a 2 car garage, large screen porch, jetted tub in the master, and bathroom off of bedroom #3 as well.  The office space is large enough to be converted to a bedroom if needed.
Unit Size
1,935 Ft²
Days on Market
-
Land Size
17.00 acres
Price per sqft
$231
Property Type
House
Property Taxes
$134
HOA Dues
-
Year Built
2001

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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 #868249)

Price History

Date / Event Date Event Price
May 26, 2021 Sold
Premium
Sold
Apr 1, 2021 Listed by Coldwell Banker Realty $447,488
Listed by Coldwell Banker Realty
Dec 31, 2020 Sold
Premium
Sold
Jul 11, 2014 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • 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: 462
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 743,569
  • Lot Size Depth Feet: 100
  • Total Building Area: 2,925
  • Gross Building Area: 2,925
  • Building Area: 2,925
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,935
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Land Acres: 0000017070
  • Standard Land Use Code: 7000
  • County Land Use Code: 005000
  • State Land Use Code: 050
  • Legal Description 1: BEG 940.06FT E OF NW COR OF SEC CONT E 1690.98FT S 440FT W 1681.22FT N 438.83FT TO POB

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020200

Geography

  • Assessors Map Reference: 12
  • Parcel: 24-4N-22-0000-0004-0000
  • Block: 4
  • Meridian: SEC 24 TWN 04N RNG 22W
  • Municipality: COUNTY
  • Latitude: 30.8361
  • Longitude: -86.4037

    Address

  • Full Address: 6395 Lumber Ridge Rd
  • Address - House Number: 6395
  • Address - Street Name: Lumber Ridge
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Crestview
  • Carrier Code: R001
  • 4-Digit Zip Code: 6648
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 2,456
  • Tax Year: 2023
  • Tax Amount: $240,603
  • Tax Rate Code Area: 001

    Market Valuation

  • Market Total Value: $339,935
  • Market Land Value: $58,258
  • Market Improvement Value: $281,677

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $279,430

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 25, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3458617
  • Previous Sale Recording Date: Dec 31, 2020
  • Previous Sale Contract Date: Dec 31, 2020
  • Previous Sale Amount: $55,000
  • 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 Okaloosa

Stats & Trends

Median Asking:

$378,533

Sale Price/ft²

$226

Below Asking

0.02%

Average Days on Market

81

Average Home Size

1814 ft²

Average Home Age

28.6 years

Currently For Sale

1650 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: Angela D Mullins Meeks, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 868249
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 6395 Lumber Ridge Road built and last sold?
The property at 6395 Lumber Ridge Road was built in 2001 and last sold on May 25, 2021 for $450,000.
How much is this home worth?
The estimated value of the home located at 6395 Lumber Ridge Road is $454,322.
What are some comparable homes to 6395 Lumber Ridge Road?
There are currently no comparable homes to 6395 Lumber Ridge Road.
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