NOT LISTED FOR SALE

2606 Sorrel Ridge Rd Crestview, FL 32536

Estimated Value: $27,810

0.48 Acre
$57,938 Price per Acre
20,909 Sq Ft Lot

Last Sold July 22, 2024

Last sale price $28,500

Est. 2% decrease in value since last sale

Current estimated payment $190/month

134 Days on Market

Highlights

  • Creek or Stream View
  • Community Pool
  • Community Playground
  • Wooded Lot
  • Interior Lot

About This Lot

As of July 2024

This Silver Oaks lot is cleared and ready to build your new home! The back of the property slopes to a wooded area with a Creek that runs along the Conservation Easement adjoining the property. The Neighborhood Playground is on this side of Sorrel Ridge Rd and is an easy walk from this homesite. The Pool in Phase 2 of Silver Oaks is also available to owners in Phase 1 of Silver Oaks; check with HOA for fees. The Conservation Easement on the back side of all of the lots on this portion of Silver Oaks gives privacy to the adjoining properties; check it out on the Subdivision Plat. Utilities are available but are not on site. Please verify all information.

Last Agent to Sell the Property

Kathy Wilhelm

ERA American Real Estate Listed on: 01/30/2024

Last Buyer's Agent

Matthew James

Madison Allied LLC License #3556618

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $326

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 92x210x73x144x99
  • Property fronts a county road
  • Property fronts an easement
  • Interior Lot
  • Irregular Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned County, Resid Single

HOA Fees

  • $16 Monthly HOA Fees

Property Views

  • Creek or Stream Views

Schools

  • Bob Sikes Elementary School
  • Davidson Middle School
  • Crestview High School

Utilities

  • Gas Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32-4N-23-2233-000B-0310

Community Details

Overview

  • Association fees include accounting, recreational faclty
  • Silver Oaks Ph 1 Subdivision
  • The community has rules related to covenants, exclusive easements

Recreation

  • Community Playground
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$326

Lot Details

0

HOA Fees

$16 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.48
  • Lot Size: 92x210x73x144x99
  • Road Frontage Type: County Road
  • Road Surface Type: Paved Road
  • Subdivision Name: SILVER OAKS PH 1
  • Directions: From Hwy 85N, turn west on Old Bethel Road at the traffic light at Winn Dixie & Publix. Go just over 1 mile to a right on Hunting Meadows Dr into Silver Oaks. Go to the end of Hunting Meadows Dr and turn right at the stop sign on Sorrel Ridge Rd and go almost to the end. Lot is the partially cleared lot on the left.
  • Utilities Electric: Yes
  • Utilities:Public Water: Yes
  • Utilities:Gas Available: Yes
  • Waterview:Creek2: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Covenants, Easements, Interior, Irregular, Within 1/2 Mile to Water, Wooded, See Remarks
  • View: Creek
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Easements: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:See Remarks6: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Irregular: Yes

Utilities

  • Utilities: Electric, Public Water, TV Cable, Gas Available
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Playground, Pool
  • Association #2 Fee: 192.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Recreational Faclty

Schools

  • Elementary School: Bob Sikes
  • High School: Crestview
  • Middle Or Junior School: Davidson

Lot Info

  • Lot Size Sq Ft: 20908.8
  • Parcel #: 32-4N-23-2233-000B-0310
  • Zoning: County, Resid Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 325.62
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Jul 22, 2024
Sold by
Bowman Belinda and Bowman Fred P
Bought by
James Dennis
Seller's Agent
Kathy Wilhelm
ERA American Real Estate
Buyer's Agent
Matthew James
Madison Allied LLC
List Price
$45,000
Sold Price
$28,500
Premium/Discount to List
-$16,500
-36.67%
Views
42
Current Estimated Value
$27,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$690
Avg. Annual Appreciation
-1.91%
Original Mortgage
$22,800
Outstanding Balance
$20,879
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$6,931
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
James Dennis $28,500 Okaloosa Title & Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Dennis $22,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2024 07/22/24 Sold $28,500 -12.8% --
06/12/2024 06/12/24 Pending -- -- --
05/07/2024 05/07/24 Price Changed $32,700 -5.8% --
04/17/2024 04/17/24 Price Changed $34,700 -8.0% --
02/19/2024 02/19/24 Price Changed $37,700 -16.2% --
01/30/2024 01/30/24 For Sale $45,000 -- --
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $326 $34,575 $34,575 --
2023 $326 $32,312 $32,312 $0
2022 $308 $30,198 $30,198 $0
2021 $304 $28,744 $28,744 $0
2020 $301 $28,180 $28,180 $0
2019 $305 $28,180 $28,180 $0
2018 $310 $28,180 $0 $0
2017 $316 $28,180 $0 $0
2016 $314 $28,180 $0 $0
2015 $315 $27,360 $0 $0
2014 $336 $28,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 941054

Emerald Coast Association of REALTORS®

APN: 32-4N-23-2233-000B-0310