NOT LISTED FOR SALE

502 W Beech Ave Crestview, FL 32536

Estimated Value: $161,000 - $203,000

4 Beds
3 Baths
1,972 Sq Ft
$93/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $84,500 $43 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,205/month

103 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • 1-Story Property
  • Living Room
  • Level Lot

About This Home

As of October 2018

Great money maker near Downtown Crestview. This 1972 SQFT Triplex is in high demand due to its affordable price and good condition. Unit A is a 2BR/1BA is undergoing turnover and is almost ready to rent. It has a fresh coat of paint and had brand new carpet installed. Unit B was repainted with a new fridge 12 months ago. Unit C was just painted and new carpets added. New roof installed in 2015. All units are all electric with window heat/cool units.

Last Agent to Sell the Property

Cliff Glansen

Flatfee.Com License #707077 Listed on: 05/07/2018

Last Buyer's Agent

Lee Hall

Inactive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,139

Year Built

  • Built in 1957

Lot Details

  • 0.43

Home Design

  • Triplex

Interior Spaces

  • 1,972 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Induction Cooktop

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Northwood Elementary School
  • Davidson Middle School
  • Crestview High School

Additional Features

  • Level Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • Crestview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17-3N-23-2490-0179-0020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,139

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: CRESTVIEW
  • Directions: 85 North to 90 West to Wilson Street. Left on Beech Ave.
  • Architectural Style: Triplex
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1957
  • Remarks Misc:Remarks: Great money maker near Downtown Crestview. This 1972 SQFT Triplex is in high demand due to its affordable price and good condition. Unit A is a 2BR/1BA is undergoing turnover and is almost ready to rent. It has a fresh coat of paint and had brand new carpet installed. Unit B was repainted with a new fridge 12 months ago. Unit C was just painted and new carpets added. New roof installed in 2015. All units are all electric with window heat/cool units.
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Rooms:Living Room: Yes
  • Energy:AC - WindowWall: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Refrigerator, Smooth Stovetop Rnge
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Floor Tile, Floor WW Carpet
  • Interior:Floor Tile: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Floor WW Carpet: Yes

Exterior Features

  • Lot Features: Level
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Utilities: Public Sewer, Public Water

Schools

  • Elementary School: Northwood
  • High School: Crestview
  • Middle Or Junior School: Davidson

Lot Info

  • Parcel #: 17-3N-23-2490-0179-0020
  • Zoning: Resid Multi-Family,
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1139.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2023
Sold by
Paterson Andrew O
Bought by
Adam & Scott Investments Llc
Current Estimated Value
$183,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,115
Outstanding Balance
$117,751
Interest Rate
5%
Mortgage Type
Seller Take Back
Estimated Equity
$65,860

Purchase Details

Closed on
Mar 15, 2021
Sold by
Hall Leroy and Coleman J Sachs Revocable Trus
Bought by
Patterson Andrew O

Purchase Details

Listed on
May 7, 2018
Closed on
Oct 25, 2018
Sold by
Hernandez Hector
Bought by
Sachs Coleman J and Coleman J Sachs Revocable Trust
Seller's Agent
Cliff Glansen
Flatfee.Com
Buyer's Agent
Lee Hall
Inactive
List Price
$84,500
Sold Price
$84,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.40%
Original Mortgage
$63,375
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2009
Sold by
Sapp Clark
Bought by
Mills David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.93%
Mortgage Type
Commercial

Purchase Details

Closed on
May 6, 1999
Sold by
Littrell Dawn H
Bought by
Hernandez Hector
Source: Public Records
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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
Adam & Scott Investments Llc $195,000 Old South Land Title
Patterson Andrew O $106,000 Old South Land Title Co Inc
Sachs Coleman J $84,500 Surcty Land Title Of Florida
Mills David $34,700 Touchstone Land Title Inc
Hernandez Hector $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adam & Scott Investments Llc $168,115
Previous Owner Sachs Coleman J $63,375
Previous Owner Mills David $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2018 10/25/18 Sold $84,500 0.0% $43 / Sq Ft
08/18/2018 08/18/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $84,500 -- $43 / Sq Ft
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
2025 $2,937 $191,638 $42,731 $148,907
2024 $1,594 $165,076 $29,882 $135,194
2023 $1,594 $98,535 $27,901 $70,634
2022 $1,491 $91,581 $26,572 $65,009
2021 $1,431 $91,183 $25,308 $65,875
2020 $1,259 $74,771 $25,128 $49,643
2019 $1,208 $70,997 $25,128 $45,869
2018 $1,293 $75,699 $0 $0
2017 $1,187 $68,217 $0 $0
2016 $1,181 $68,201 $0 $0
2015 $1,166 $65,894 $0 $0
2014 $1,119 $66,762 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cliff Glansen

    Seller's Agent in 2018

    Cliff Glansen

    Flatfee.Com

    (954) 965-3990

    26 in this area

    5,599 Total Sales

    Cliff Glansen
    Section Image

  • L

    Buyer's Agent in 2018

    Lee Hall

    Inactive

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 797962

Emerald Coast Association of REALTORS®

APN: 17-3N-23-2490-0179-0020

Florida Okaloosa County Crestview 32536

502 W Beech Ave, Crestview, FL

Not Listed for Sale

MultiFamily

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