NOT LISTED FOR SALE

55 Bay Dr Unit 6101 Niceville, FL 32578

Bluewater Bay Neighborhood

Estimated Value: $149,000 - $182,000

1 Bed
1 Bath
800 Sq Ft
$221/ mo HOA Fee

Last Sold May 07, 2021

Last sale price $143,000 $179 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,185/month

6 Days on Market

Highlights

  • Primary Bedroom Suite
  • Main Floor Primary Bedroom
  • Living Room
  • Bluewater Elementary School Rated A-
  • Screened Porch
  • Community Barbecue Grill

About This Home

As of May 2021

INVESTMENT OPPORTUNITY! Long Term Tenant in place and would LOVE to stay! Wonderful 1 bedroom, 1 bath GROUND floor END unit. Spacious open living/dining combo with a breakfast bar. This is an end unit with a large screened porch. The laundry area is just off the kitchen and includes the washer and dryer. Current tenant is paying $850 per month and currently we have the ability to increase the rent to $900-$925.

Last Agent to Sell the Property

Lisa Norton

EXP Realty LLC License #3088995 Listed on: 03/26/2021

EXP Realty LLC

Co-Listed By

Dawn Johnson

Back Stage Realty License #3110740

Last Buyer's Agent

Marquewa Jones

Keller Williams Realty Navarre

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,183

Year Built

  • Built in 1983

Lot Details

  • 4

HOA Fees

  • $221 Monthly HOA Fees

Home Design

  • Frame Construction
  • Wood Trim
  • Stucco

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Living Room
  • Screened Porch

Kitchen

  • Electric Oven or Range
  • Induction Cooktop
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Bluewater Elementary School
  • Ruckel Middle School
  • Niceville High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 23-1S-22-1022-0000-6101

Community Details

Overview

  • Association fees include accounting, ground keeping, management, sewer, water, trash
  • 8 Buildings
  • 8 Units
  • Garden Oaks Condo Subdivision

Amenities

  • Community Barbecue Grill

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,183

Year Built

Built in 1983

Lot Details

4 Acres

HOA Fees

$221 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EBCS
  • Co List Office Phone: 850-729-0399
  • Subdivision Name: GARDEN OAKS CONDO
  • Directions: From Hwy 20 turn onto Bay Drive and then turn at the 1st right onto Garden Oak and then right again into the complex. Building 6 will be on the left and the unit is on the 1st floor to the far left.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1983
  • Remarks Misc:Remarks: INVESTMENT OPPORTUNITY! Long Term Tenant in place and would LOVE to stay! Wonderful 1 bedroom, 1 bath GROUND floor END unit. Spacious open living/dining combo with a breakfast bar. This is an end unit with a large screened porch. The laundry area is just off the kitchen and includes the washer and dryer. Current tenant is paying $850 per month and currently we have the ability to increase the rent to $900-$925.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Washers: Yes
  • Utilities:Underground: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 8
  • Appliances: Dishwasher, Dryer, Refrigerator, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Floor Vinyl, Floor WW Carpet, Window Treatment All
  • Stories: 2
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Vinyl: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Construction Type: Frame, Stucco, Trim Wood
  • Exterior Features: Porch Screened
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Porch Screened: Yes
  • ConstructionSiding:Trim Wood: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Pets Allowed
  • Association #2 Fee: 221.1
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management, Sewer, Water, Trash

Schools

  • Elementary School: Bluewater
  • High School: Niceville
  • Middle Or Junior School: Ruckel

Lot Info

  • Parcel #: 23-1S-22-1022-0000-6101
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 1182.79
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 7, 2021
Sold by
Fracoma Usa Inc
Bought by
Harris Susan Emilie
Seller's Agent
Lisa Norton
EXP Realty LLC
Buyer's Agent
Marquewa Jones
Keller Williams Realty Navarre
List Price
$143,000
Sold Price
$143,000
Current Estimated Value
$168,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,926
Avg. Annual Appreciation
3.48%
Original Mortgage
$138,710
Outstanding Balance
$124,901
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$44,025

Purchase Details

Closed on
Aug 10, 2020
Sold by
Ibis Assets Ag
Bought by
Fracoma Usa Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Harris Susan Emilie $143,000 Old South Land Title Co Inc
Fracoma Usa Inc $670,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Susan Emilie $138,710
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2021 05/07/21 Sold $143,000 0.0% $179 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $143,000 0.0% $179 / Sq Ft
03/23/2018 03/23/18 Rented $800 0.0% --
03/23/2018 03/23/18 Under Contract -- -- --
03/19/2018 03/19/18 For Rent $800 -- --
Source: Emerald Coast Association of REALTORS®

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 $1,017 $117,900 -- --
2024 $953 $114,577 -- --
2023 $953 $111,240 $0 $0
2022 $918 $108,000 $0 $108,000
2021 $1,295 $98,000 $0 $98,000
2020 $1,183 $88,000 $0 $88,000
2019 $1,092 $80,000 $0 $80,000
2018 $1,036 $75,000 $0 $0
2017 $960 $68,000 $0 $0
2016 $952 $68,000 $0 $0
2015 $962 $68,000 $0 $0
2014 $877 $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lisa Norton

    EXP Realty LLC

    (850) 621-4525

    3 in this area

    13 Total Sales

    Lisa Norton
    Section Image
  • Dawn Johnson

    Seller Co-Listing Agent in 2021

    Dawn Johnson

    Back Stage Realty

    (850) 729-0399

    7 in this area

    38 Total Sales

    Dawn Johnson
    Section Image

  • M

    Buyer's Agent in 2021

    Marquewa Jones

    Keller Williams Realty Navarre

  • B

    Seller's Agent in 2018

    BSR Rentals

    Back Stage Realty

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 867746

Emerald Coast Association of REALTORS®

APN: 23-1S-22-1022-0000-6101

Florida Okaloosa County Niceville 32578 Bluewater Bay

55 Bay Dr Unit 6101, Niceville, FL

Not Listed for Sale

Condos

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