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Walton 32439
741 Bay Grove Road
$216,000
● House - Off Market

741 Bay Grove Road

Freeport, FL 32439
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,911 Ft²
$388,673
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

This house is simply amazing! Located in the sought after Bay Grove area and just a short distance to all things ''South Walton'' at just a fraction of the price, yet, just secluded enough to enjoy the peace of country living. The home has always been used as a secondary residence just three short months each year. Immaculately kept and a great home for entertaining. Brand new stainless steel appliances. The kitchen also features solid oak cabinets and a breakfast bar. The home sits on a half acre. NO HOA FEES, LARGE LOT, SPACIOUS HOME...What more can you ask for! Come see this amazing buy today! Less than 20 minutes to the beautiful beaches, restaurants, and shopping. Furnishings are negotiable.
Unit Size
1,911 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$114
Property Type
House
Property Taxes
$105
HOA Dues
-
Year Built
2004

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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 #726574)

Price History

Date / Event Date Event Price
Jun 4, 2015 Sold
Premium
Sold
Apr 1, 2015 Listed by Southern Beach Realty LLC $217,000
Listed by Southern Beach Realty LLC

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,271
  • Lot Size Frontage Feet: 1,010
  • Total Building Area: 2,331
  • Gross Building Area: 2,331
  • Building Area: 1,911
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,911
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MALLET BAYOU
  • Land Acres: 0000000511
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 9 MALLET BAYOU S/D PB 15-65 OR 2627-3690 OR 2981-84

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950502

Geography

  • Assessors Map Reference: S1-33-19
  • Parcel: 33-1S-19-23030-000-0090
  • Lot: 9
  • Meridian: SEC 33 TWN 01S RNG 019
  • Municipality: COUNTY
  • Latitude: 30.4511
  • Longitude: -86.1454

    Address

  • Full Address: 741 Bay Grove Rd
  • Address - House Number: 741
  • Address - Street Name: Bay Grove
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Freeport
  • Carrier Code: R002
  • 4-Digit Zip Code: 4836
  • Zip Code: 32439

Valuation

    Tax

  • Total Area: 2,181
  • Tax Year: 2022
  • Tax Amount: $111,224
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.2313
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 459,560
  • High Value: 565,882
  • Low Value: 353,237

    Market Valuation

  • Market Total Value: $300,594
  • Market Land Value: $110,765
  • Market Improvement Value: $189,829

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $158,638

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 29, 2015
  • Current Sale Recording Date: Jun 04, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015661325194
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 Walton

Stats & Trends

Median Asking:

$720,000

Sale Price/ft²

$421

Below Asking

0.03%

Average Days on Market

98

Average Home Size

2299 ft²

Average Home Age

16.9 years

Currently For Sale

2305 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

Rentals Near You

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ECAR

Listed by: Heather E Jeanneret, Southern Beach Realty LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 726574
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 741 Bay Grove Road built and last sold?
The property at 741 Bay Grove Road was built in 2004 and last sold on May 29, 2015 for $216,000.
How much is this home worth?
The estimated value of the home located at 741 Bay Grove Road is $0.
What are some comparable homes to 741 Bay Grove Road?
There are currently no comparable homes to 741 Bay Grove Road.
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