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Okaloosa Escambia Farms
7878 RED BARROW Road
$188,000
● House - Off Market

7878 RED BARROW Road

Baker, FL 32531
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,540 Ft²
$328,348
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

This one you have to see to appreciate. So much to list that has been done. Exterior has new Hardy board siding and a new metal roof. All new exterior High efficiency windows with Stucco accents. A very nice two car carport was added and in the back a gorgeous 12x22 deck. The interior has been completely remodeled literally all of it. All new sheetrock walls and ceilings, all new light fixtures and ceiling fans, all new interior doors, New wood flooring in family areas and all new carpet in Bedrooms, new tile in baths and laundry and new tiled shower in master bedroom. Crown molding all throughout the home in all rooms. New kitchen cabinets, new appliances, including Water Heater. New HVAC, New septic system. Wheeww! Did I miss anything? All sitting on 12 acres of land. Come look today!
Unit Size
1,540 Ft²
Days on Market
-
Land Size
12.00 acres
Price per sqft
$120
Property Type
House
Property Taxes
$56
HOA Dues
-
Year Built
1978

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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 #731337)

Price History

Date / Event Date Event Price
Jun 24, 2019 Sold
Premium
Sold
Apr 3, 2019 No longer available -
No longer available
Jan 26, 2019 Listed by RE/MAX Agency One $220,000
Listed by RE/MAX Agency One
Aug 4, 2015 Sold
Premium
Sold
Jun 5, 2015 Listed by RE/MAX Agency One $185,000
Listed by RE/MAX Agency One

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 484
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 756,637
  • Total Building Area: 3,606
  • Gross Building Area: 3,606
  • Building Area: 2,434
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,434
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ESCAMBIA FARMS PORTION OF
  • Land Acres: 0000017370
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: ESCAMBIA FARMS PORTION OF UNIT #108 COM SW COR SECT 7-5N-24 S3 DEG

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020102

Geography

  • Assessors Map Reference: MAP 7
  • Parcel: 03-5N-24-2770-0000-108K
  • Meridian: SEC 03 TWN 05N RNG 24W
  • Municipality: COUNTY
  • Latitude: 30.9425
  • Longitude: -86.6823

    Address

  • Full Address: 7878 Red Barrow Rd
  • Legal Unit: 108
  • Address - House Number: 7878
  • Address - Street Name: Red Barrow
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Baker
  • Carrier Code: R042
  • 4-Digit Zip Code: 7206
  • Zip Code: 32531

Valuation

    Tax

  • Total Area: 2,589
  • Tax Year: 2023
  • Tax Amount: $192,519
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1808
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 443,091
  • High Value: 523,214
  • Low Value: 362,967

    Market Valuation

  • Market Total Value: $306,259
  • Market Land Value: $70,218
  • Market Improvement Value: $236,041

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,878

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 18, 2019
  • Current Sale Recording Date: Jun 24, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3286730
  • Previous Sale Recording Date: Aug 04, 2015
  • Previous Sale Contract Date: Aug 03, 2015
  • Previous Sale Amount: $188,000
  • 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 Escambia Farms

Stats & Trends

Median Asking:

$637,500

Sale Price/ft²

$224

Below Asking

0.06%

Average Days on Market

106

Average Home Size

1801 ft²

Average Home Age

15 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

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ECAR

Listed by: Lamar Deese, RE/MAX Agency One
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 731337
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 7878 Red Barrow Road built and last sold?
The property at 7878 Red Barrow Road was built in 1978 and last sold on Jun 18, 2019 for $210,000.
How much is this home worth?
The estimated value of the home located at 7878 Red Barrow Road is $0.
What are some comparable homes to 7878 Red Barrow Road?
There are currently no comparable homes to 7878 Red Barrow Road.
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