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Wright 32547 Tanglewood
806 Laurel Drive
$220,000
● House - Off Market

806 Laurel Drive

Fort Walton Beach, FL 32547
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,784 Ft²
$363,255
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Looking for a move-in ready home? This fantastic residence is situated on a cul-de-sac 2.6 miles from Hurlburt Field back gate. Roof and AC were replaced in 2013 and hot water heater in 2011. This 4 bedroom 2 bath home features a nice sized living room with vaulted ceilings and a wood burning fireplace. The 4th bedroom is upstairs and could be used for a man cave or playroom. The backyard has an open deck and a LARGE shed that is 8 x 12 with a loft. (2014 paid $2800) This home has been freshly painted and carpets cleaned. This is a must see for 1st time home buyers!
Unit Size
1,784 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$128
Property Type
House
Property Taxes
$150
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 #785339)

Price History

Date / Event Date Event Price
Nov 16, 2021 Sold
Premium
Sold
Oct 20, 2021 No longer available -
No longer available
Oct 14, 2021 Listed by Berkshire Hathaway HomeServices PenFed Realty $350,000
Listed by Berkshire Hathaway HomeServices PenFed Realty
Nov 15, 2017 Sold
Premium
Sold
Oct 12, 2017 Listed by Berkshire Hathaway HomeServices PenFed Realty $229,000
Listed by Berkshire Hathaway HomeServices PenFed Realty
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 361
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,969
  • Lot Size Frontage Feet: 780
  • Total Building Area: 2,397
  • Gross Building Area: 2,397
  • Building Area: 1,784
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,784
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TANGLEWOOD 1ST ADDN
  • Land Acres: 0000000206
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: TANGLEWOOD 1ST ADDN LOT 57 BLK A

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021902

Geography

  • Assessors Map Reference: 42
  • Parcel: 04-2S-24-2491-000A-0570
  • Block: A
  • Lot: 57
  • Meridian: SEC 04 TWN 02S RNG 24W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4382
  • Longitude: -86.6528

    Address

  • Full Address: 806 Laurel Dr
  • Address - House Number: 806
  • Address - Street Name: Laurel
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fort Walton Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 2913
  • Zip Code: 32547

Valuation

    Tax

  • Total Area: 2,011
  • Tax Year: 2023
  • Tax Amount: $242,696
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.2595
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 397,369
  • High Value: 500,498
  • Low Value: 294,240

    Market Valuation

  • Market Total Value: $245,835
  • Market Land Value: $67,810
  • Market Improvement Value: $178,025

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,976

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 12, 2021
  • Current Sale Recording Date: Nov 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3505728
  • Previous Sale Recording Date: Nov 15, 2017
  • Previous Sale Contract Date: Nov 14, 2017
  • Previous Sale Amount: $220,000
  • 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 Tanglewood

Stats & Trends

Median Asking:

$379,950

Sale Price/ft²

$222

Below Asking

0.01%

Average Days on Market

86

Average Home Size

2006 ft²

Average Home Age

47.3 years

Currently For Sale

4 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: Tammy A Summers, Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 785339
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 806 Laurel Drive built and last sold?
The property at 806 Laurel Drive was built in 1978 and last sold on Nov 12, 2021 for $358,000.
How much is this home worth?
The estimated value of the home located at 806 Laurel Drive is $0.
What are some comparable homes to 806 Laurel Drive?
There are currently no comparable homes to 806 Laurel Drive.
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