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Okaloosa Escambia Farms
8425 MOUNTAIN CITY Road
$170,000
● House - Off Market

8425 MOUNTAIN CITY Road

Baker, FL 32531
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,646 Ft²
$319,936
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

Country living at it best! Huge rooms, Quality Custom Tew Construction! Corner fire place, nearly two acres! Deep well ,rear entry garage! Th huge florida room has lots of sun-light and room to Relax! Bring your horse , your family to Mountain City Road today! Black water forrest is close fro thousands of acres of horseback riding ! Wow ! Paved road, Blackman Water is available and a Fire Hydrant is at the driveway! Relax in the Country today!
Unit Size
2,646 Ft²
Days on Market
-
Land Size
1.91 acres
Price per sqft
$72
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002

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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 #744535)

Price History

Date / Event Date Event Price
Nov 9, 2016 Sold
Premium
Sold
Jan 13, 2016 Listed by RE/MAX Agency One $189,900
Listed by RE/MAX Agency One

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 576
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 83,199
  • Total Building Area: 3,542
  • Gross Building Area: 3,542
  • Building Area: 2,646
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,646
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001910
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: COM SE COR OF NW1/4 OF NE1/4 W 443 FT N 196 FT W 298.32 FT N 23 DEG W 224.49 FT TO POB S 66

Neighborhood

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

Geography

  • Assessors Map Reference: 2
  • Parcel: 32-6N-24-0000-0001-0010
  • Meridian: SEC 32 TWN 06N RNG 24W
  • Municipality: COUNTY
  • Latitude: 30.9819
  • Longitude: -86.6625

    Address

  • Full Address: 8425 Mountain City Rd
  • Address - House Number: 8425
  • Address - Street Name: Mountain City
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Baker
  • Carrier Code: R041
  • 4-Digit Zip Code: 7149
  • Zip Code: 32531

Valuation

    Tax

  • Total Area: 2,997
  • Tax Year: 2023
  • Tax Amount: $217,783
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1914
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 482,500
  • High Value: 574,868
  • Low Value: 390,132

    Market Valuation

  • Market Total Value: $330,118
  • Market Land Value: $10,497
  • Market Improvement Value: $319,621

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $263,826

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 07, 2016
  • Current Sale Recording Date: Nov 09, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3100923
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:

$699,999

Sale Price/ft²

$224

Below Asking

0.06%

Average Days on Market

129

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

Nearby Rentals

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ECAR

Listed by: Your House Team, RE/MAX Agency One
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 744535
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 8425 Mountain City Road built and last sold?
The property at 8425 Mountain City Road was built in 2002 and last sold on Nov 7, 2016 for $170,000.
How much is this home worth?
The estimated value of the home located at 8425 Mountain City Road is $0.
What are some comparable homes to 8425 Mountain City Road?
There are currently no comparable homes to 8425 Mountain City Road.
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