For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Okaloosa 32567
8035 LUDLUM Road
$228,000
● House - Off Market

8035 LUDLUM Road

Laurel Hill, FL 32567
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,396 Ft²
$434,686
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

LOOKING FOR YOUR OWN PIECE OF SERENITY - THIS IS IT! LOCATED DOWN A LONG OAK COVERED DRIVE THIS PROPERTY SITS ON 30 BEAUTIFUL ACRES AND HAS EVERYTHING YOU COULD ASK FOR. HOME INCLUDES 2 MASTER SUTIES, 4 BEDROOMS, 3 FULL BATHS, A LARGE LIVING ROOM WITH STONE FIREPLACE, A RECENTLY ADDED LARGE DINING ROOM THAT CONNECTS TO THE OPEN KITCHEN, AN AMAZING NEW MASTER SUITE WITH HIS AND HER CLOSETS ALL UNDER A SPLIT FLOOR PLAN THAT ALLOWS PLENTY OF FAMILY SPACE. PROPERTY OFFERS CITY WATER BUT ALSO INCLUDES A DEEP PRIVATE WELL, A 1/4 ACRE POND, FENCED GARDEN AREA AND AN AMAZING BARN!!!! INCLUDED IS A 16X16 SEPERATE APARTMENT ON PROPERTY AS WELL. HOME HAS AN AMAZING COVERED FRONT PORCH TO ENJOY AFTERNOON RELAXATION. HOME IS LOG CABIN STYLE WITH WOOD SIDING RUSTIC FEEL AND METAL ROOF.
Unit Size
2,396 Ft²
Days on Market
-
Land Size
30.00 acres
Price per sqft
$102
Property Type
House
Property Taxes
$58
HOA Dues
-
Year Built
1938

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #741542)

Price History

Date / Event Date Event Price
Dec 30, 2015 Sold
Premium
Sold
Nov 5, 2015 Listed by Merrifield & Pilcher Realty $244,900
Listed by Merrifield & Pilcher Realty
Feb 13, 2013 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1985
  • 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: 0
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 572
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,306,800
  • Total Building Area: 3,506
  • Gross Building Area: 3,506
  • Building Area: 3,506
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,240
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Land Acres: 0000030000
  • Standard Land Use Code: 7000
  • County Land Use Code: 005000
  • State Land Use Code: 050
  • Legal Description 1: SW1/4 OF SE1/4 LESS E 235 FT AND LESS W 40 FT OF S 475.93FT AND LESS S87.85 FT

Neighborhood

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

Geography

  • Assessors Map Reference: 8
  • Parcel: 03-5N-22-0000-0016-0000
  • Block: 16
  • Meridian: SEC 03 TWN 05N RNG 22W
  • Municipality: COUNTY
  • Latitude: 30.9536
  • Longitude: -86.4302

    Address

  • Full Address: 8035 Ludlam Rd
  • Address - House Number: 8035
  • Address - Street Name: Ludlam
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Laurel Hill
  • Carrier Code: R033
  • 4-Digit Zip Code: 2304
  • Zip Code: 32567

Valuation

    Tax

  • Total Area: 2,519
  • Tax Year: 2023
  • Tax Amount: $227,726
  • Tax Rate Code Area: 001

    Market Valuation

  • Market Total Value: $294,432
  • Market Land Value: $85,667
  • Market Improvement Value: $208,765

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $222,247

    Sales

  • Current Sale Contract Date: Dec 28, 2015
  • Current Sale Recording Date: Dec 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3040276
  • Previous Sale Recording Date: Feb 13, 2013
  • Previous Sale Contract Date: Feb 13, 2013
  • Previous Sale Amount: $160,000
  • 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:

$378,025

Sale Price/ft²

$226

Below Asking

0.02%

Average Days on Market

80

Average Home Size

1816 ft²

Average Home Age

28.3 years

Currently For Sale

1649 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

Click here to view more rentals in the neighborhood.
ECAR

Listed by: Christa V Merrifield, Merrifield & Pilcher Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 741542
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 8035 Ludlum Road built and last sold?
The property at 8035 Ludlum Road was built in 1938 and last sold on Dec 28, 2015 for $228,000.
How much is this home worth?
The estimated value of the home located at 8035 Ludlum Road is $0.
What are some comparable homes to 8035 Ludlum Road?
There are currently no comparable homes to 8035 Ludlum Road.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Laurel Hill Homes for Sale
Laurel Hill Houses for Sale
Laurel Hill Land for Sale
Laurel Hill Homes with Basements
Laurel Hill Homes with Pools
Laurel Hill Homes with Parking
Laurel Hill Homes with Garages
Laurel Hill Homes with a View
Nearby Cities
Crestview Homes for Sale
Florala Homes for Sale
Paxton Homes for Sale
Lockhart Homes for Sale
Nearby Property Records
Covington County, AL Property Records
Okaloosa County, FL Property Records
Walton County, FL Property Records
Santa Rosa County, FL Property Records
Holmes County, FL Property Records
Escambia County, AL Property Records
Coffee County, AL Property Records
Geneva County, AL Property Records
Neighborhoods
Countryview Estates Real Estate
Crestview Real Estate
Fox Valley Real Estate
Antioch Estates Real Estate
Oakdale Real Estate
Rolling Ridge Real Estate
The Pines Real Estate
Triple Lakes Estates Real Estate
Nearby Counties
Crestview Homes for Sale
DeFuniak Springs Homes for Sale
Paxton-Darlington Homes for Sale
Baker Homes for Sale
Top Real Estate Agents
Top Agents in Laurel Hill
Top Agents in Crestview
Top Agents in 32539
Top Agents in Crestview
Top Agents in 32536
Top Agents in 32433
Top Agents in DeFuniak Springs
Top Agents in Paxton-Darlington