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Okaloosa 32539
8512 Allie Way
$50,000
● House - Off Market

8512 Allie Way

Crestview, FL 32539
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,294 Ft²
$93,604
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

MOTIVATED SELLER! BRING ALL OFFERS! Don't miss this opportunity to own nearly 4 acres of land! It's close enough to Crestview to be convenient, but far enough out to enjoy the country life. There are cedars trees and oak trees throughout, not to mention the grape vines and figs for a great start to your garden. This 2 bedroom 2 bath needs some work, but with a little TLC could be a beautiful place to live and enjoy the country life. Call today to set up your appointment to view it!
Unit Size
1,294 Ft²
Days on Market
-
Land Size
3.75 acres
Price per sqft
$54
Property Type
House
Property Taxes
$31
HOA Dues
-
Year Built
1999

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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 #833173)

Price History

Date / Event Date Event Price
Apr 28, 2022 Sold
Premium
Sold
Oct 15, 2020 Sold
Premium
Sold
Oct 11, 2019 Listed by Coldwell Banker Realty $70,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 163,350
  • Total Building Area: 1,334
  • Gross Building Area: 1,334
  • Building Area: 1,294
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,294
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003750
  • Standard Land Use Code: 1006
  • County Land Use Code: 000200
  • State Land Use Code: 002
  • Mobile Home Indicator: T
  • Legal Description 1: COM SE COR NE1/4 W2351 FT S78 DEG W50 FT N26 DEG W255 FT TO POB S37 DEG W310 FT W122

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020305

Geography

  • Assessors Map Reference: 16B
  • Parcel: 08-3N-22-0000-0001-061C
  • Block: 1
  • Meridian: SEC 08 TWN 03N RNG 22W
  • Municipality: COUNTY
  • Latitude: 30.7727
  • Longitude: -86.4672

    Address

  • Full Address: 8512 Allie Way
  • Address - House Number: 8512
  • Address - Street Name: Allie
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Crestview
  • Carrier Code: R022
  • 4-Digit Zip Code: 8870
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 1,294
  • Tax Year: 2023
  • Tax Amount: $104,789
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.186
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 168,336
  • High Value: 199,659
  • Low Value: 137,013

    Market Valuation

  • Market Total Value: $97,620
  • Market Land Value: $39,970
  • Market Improvement Value: $57,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,620
  • Assessed Land Value: $39,970
  • Assessed Improvements Value: $57,650

    Sales

  • Current Sale Contract Date: Apr 21, 2022
  • Current Sale Recording Date: Apr 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3545739
  • Previous Sale Recording Date: Oct 15, 2020
  • Previous Sale Contract Date: Oct 09, 2020
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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:

$378,533

Sale Price/ft²

$226

Below Asking

0.02%

Average Days on Market

81

Average Home Size

1814 ft²

Average Home Age

28.6 years

Currently For Sale

1650 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: Angela D Mullins Meeks, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 833173
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 8512 Allie Way built and last sold?
The property at 8512 Allie Way was built in 1999 and last sold on Apr 21, 2022 for $260,000.
How much is this home worth?
The estimated value of the home located at 8512 Allie Way is $88,460.
What are some comparable homes to 8512 Allie Way?
There are currently no comparable homes to 8512 Allie Way.
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