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Destin 32541 Heritage Run
740 Vintage Circle
$237,000
● House - Off Market

740 Vintage Circle

Destin, FL 32541
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,597 Ft²
$425,811
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

What a great 3 bedroom, 2 bath brick REO home in the heart of Destin! The home features new carpet and fresh paint, brand new appliances, countertops, kitchen cabinets and HVAC, a cozy fireplace and a fenced back yard for privacy and backyard living. The location is convenient to beaches, bays, shopping, restaurants and all the resort has to offer! This is a Fannie Mae Homepath Property.
Unit Size
1,597 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$150
Property Type
House
Property Taxes
$185
HOA Dues
-
Year Built
1988

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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: 2 years ago (ECAR MLS #738413)

Price History

Date / Event Date Event Price
Dec 31, 2015 Sold
Premium
Sold
Sep 17, 2015 Listed by Keller Williams Realty Destin $239,900
Listed by Keller Williams Realty Destin
Apr 10, 2015 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 504
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 98
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,450
  • Lot Size Frontage Feet: 730
  • Total Building Area: 2,669
  • Gross Building Area: 2,669
  • Building Area: 1,597
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,597
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERITAGE RUN S/D
  • Land Acres: 0000000194
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: HERITAGE RUN S/D LOT 12 BLK C

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023306

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-1137-000C-0120
  • Block: C
  • Lot: 12
  • Municipality: DESTIN
  • Latitude: 30.4076
  • Longitude: -86.4976

    Address

  • Full Address: 740 Vintage Cir
  • Address - House Number: 740
  • Address - Street Name: Vintage
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Destin
  • Carrier Code: C012
  • 4-Digit Zip Code: 1647
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 2,089
  • Tax Year: 2023
  • Tax Amount: $234,331
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.2633
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 62
  • Final Value: 474,173
  • High Value: 599,031
  • Low Value: 349,315

    Market Valuation

  • Market Total Value: $405,402
  • Market Land Value: $130,494
  • Market Improvement Value: $274,908

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,694

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2015
  • Current Sale Recording Date: Dec 31, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3040635
  • Previous Sale Recording Date: Apr 10, 2015
  • Previous Sale Contract Date: Apr 09, 2015
  • Previous Sale Amount: $126,100
  • Previous Sale Document Type: 21
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 Heritage Run

Stats & Trends

Median Asking:

$439,000

Sale Price/ft²

$286

Above Asking

0.00%

Average Days on Market

104

Average Home Size

2009 ft²

Average Home Age

37 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: The Kelly Group Team, Keller Williams Realty Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 738413
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 740 Vintage Circle built and last sold?
The property at 740 Vintage Circle was built in 1988 and last sold on Dec 28, 2015 for $237,000.
How much is this home worth?
The estimated value of the home located at 740 Vintage Circle is $250,858.
What are some comparable homes to 740 Vintage Circle?
There are currently no comparable homes to 740 Vintage Circle.
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