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7139 Timber Run Road
Photo of 7139 Timber Run Road
Sold on Jun 24, 2022

8

Map

Photo of 7139 Timber Run Road
Photo of 7139 Timber Run Road
$37,500
● Land - Off Market

7139 Timber Run Road

Youngstown, FL 32466
bedrooms
Studio
bathrooms
0 Bath
$46,533
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Great building lot in Youngstown!  Completely cleared with well, septic, and power. Perfect place for a site built home, modular home, or mobile home. County maintained road! Located just minutes from Panama City, shopping, dining, and the beaches of Panama City Beach.  All measurements are approximate, verify if important.
Unit Size
-
Days on Market
33 days
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$28
HOA Dues
-
Year Built
2022

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 17 days ago ( #726961)

Price History

Date / Event Date Event Price
Oct 25, 2022 Sold
Premium
Sold
Jun 24, 2022 Sold
Premium
Sold
May 17, 2022 Listed by Counts Real Estate Group $46,000
Listed by Counts Real Estate Group
Jan 3, 2022 Sold
Premium
Sold
Oct 13, 2017 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 46,987
  • Total Building Area: 1,512
  • Gross Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBER RUN ESTATES
  • Land Acres: 0000001079
  • Standard Land Use Code: 1006
  • County Land Use Code: 000200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: TIMBER RUN ESTATES MAP 139 LOT 13 BLK C ORB 4624 P 1245

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 000302

Zoning

  • Zoning: BC02

Geography

  • Parcel: 05127-378-000
  • Block: C
  • Lot: 13
  • Meridian: SEC 22 TWN 01S RNG 13W
  • Municipality: FIRE COUNTY MOSQUITO
  • Latitude: 30.3746
  • Longitude: -85.5291

    Address

  • Full Address: 7139 Timber Run Rd
  • Address - House Number: 7139
  • Address - Street Name: Timber Run
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Youngstown
  • Carrier Code: R104
  • 4-Digit Zip Code: 1959
  • Zip Code: 32466

Valuation

    Tax

  • Total Area: 1,512
  • Tax Year: 2023
  • Tax Amount: $159,252
  • Tax Rate Code Area: 055

    Appraisal Valuation

  • Standard Deviation: 0.4882
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 2
  • Final Value: 147,527
  • High Value: 219,557
  • Low Value: 75,496

    Market Valuation

  • Market Total Value: $123,977
  • Market Land Value: $16,976
  • Market Improvement Value: $107,001

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $123,977
  • Assessed Land Value: $16,976
  • Assessed Improvements Value: $107,001

    Sales

  • Current Sale Contract Date: Oct 21, 2022
  • Current Sale Recording Date: Oct 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 78227
  • Previous Sale Recording Date: Jun 24, 2022
  • Previous Sale Contract Date: Jun 24, 2022
  • Previous Sale Amount: $37,500
  • 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 Bay

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$246

Below Asking

0.02%

Average Days on Market

110

Average Home Size

1465 ft²

Average Home Age

24.4 years

Currently For Sale

2935 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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Frequently Asked Questions

When was property at 7139 Timber Run Road built and last sold?
The property at 7139 Timber Run Road was built in 2022 and last sold on Oct 21, 2022 for $37,500.
How much is this home worth?
The estimated value of the home located at 7139 Timber Run Road is $46,460.
What are some comparable homes to 7139 Timber Run Road?
There are currently no comparable homes to 7139 Timber Run Road.
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