NOT LISTED FOR SALE

5541 Royal St Crestview, FL 32539

Estimated Value: $379,000 - $512,694

57.4 Acres
$7,991 Price per Acre
2,500,344 Sq Ft Lot

Last Sold December 17, 2014

Last sale price $120,000 $41 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $2,569/month

155 Days on Market

Highlights

  • Lake Front
  • 57.4 Acre Lot
  • Pasture

About This Lot

As of December 2014

57.4 Acre parcel, , 3 parcels make up this property/04-3N-23-0000-0017-0000/04-3N-23-1840-0015-0010/04-3N-23-0000-0017-0010, property has a lake on it, property to be sold as is, great investment property or large homesite

Last Agent to Sell the Property

Craig Barrett

NBI Properties Inc License #3294646 Listed on: 05/20/2014

Co-Listed By

Jayme Nabors

NBI Properties Inc License #3104014

Last Buyer's Agent

Ken Wright

Century 21 AllPoints Realty License #3083471

Century 21 AllPoints Realty

Property Details

Property Type

  • Land

Lot Details

  • 57.4 Acre Lot
  • Lake Front

Schools

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

Farming

  • Pasture

Community Details

  • Oakdale Mini Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-3N-23-0000-0017-0010

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 57.4
  • Lot Size: irregular
  • Road Surface Type: Paved Road
  • Co List Office Mls Id: ENBI
  • Co List Office Phone: 850-243-0007
  • Subdivision Name: OAKDALE MINI FARMS
  • Directions: Going north on Hwy 85 take a right onto Airport Road, heading east turn south onto Grandview and look for sign, property on the right
  • Remarks Misc:Remarks: 57.4 Acre parcel, , 3 parcels make up this property/04-3N-23-0000-0017-0000/04-3N-23-1840-0015-0010/04-3N-23-0000-0017-0010, property has a lake on it, property to be sold as is, great investment property or large homesite
  • Utilities Electric: Yes
  • Waterfront:Lake: Yes
  • Special Features: None

Exterior Features

  • Waterfront Features: Lake
  • Waterfront: Yes

Utilities

  • Utilities: Electric

Schools

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

Lot Info

  • Current Use: Pasture
  • Lot Size Sq Ft: 2500344.0
  • Parcel #: 04-3N-23-0000-0017-0010
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2014
Closed on
Sep 5, 2014
Sold by
Nwe7 Llc
Bought by
Faust Jeremy E and Faust Berit M
Seller's Agent
Craig Barrett
NBI Properties Inc
Buyer's Agent
Craig Barrett
Realty House Commercial Prop
List Price
$205,000
Sold Price
$205,000
Current Estimated Value
$458,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,674
Avg. Annual Appreciation
7.41%
Original Mortgage
$205,000
Outstanding Balance
$157,288
Interest Rate
4.2%
Mortgage Type
VA
Estimated Equity
$301,386

Purchase Details

Closed on
May 7, 2014
Sold by
Fred Thomas Development Inc
Bought by
Nwe7 Llc and Synovus Bank

Purchase Details

Closed on
Sep 1, 2006
Sold by
Mclaughlin Inez Carolyn
Bought by
Fred Thomas Development Inc

Purchase Details

Closed on
Jun 30, 2004
Sold by
Mclaughlin Inez Carolyn
Bought by
Mclaughlin Inez Carolyn and Youngblood Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Faust Jeremy E $205,000 Attorney Title & Escrow Llc
Nwe7 Llc $937,812 Attorney
Fred Thomas Development Inc -- Attorney
Fred Thomas Development Inc $550,000 Attorney
Mclaughlin Inez Carolyn -- Nations Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faust Jeremy E $205,000
Previous Owner Mclaughlin Inez Carolyn $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2014 12/17/14 Sold $120,000 0.0% $41 / Sq Ft
10/22/2014 10/22/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $120,000 0.0% $41 / Sq Ft
07/01/2013 07/01/13 Rented $1,200 0.0% --
07/01/2013 07/01/13 Under Contract -- -- --
06/26/2012 06/26/12 For Rent $1,200 -- --
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 $1,876 $231,099 -- --
2023 $1,876 $224,368 $0 $0
2022 $1,838 $218,726 $0 $0
2021 $1,840 $212,355 $0 $0
2020 $1,824 $209,423 $0 $0
2019 $1,807 $204,715 $0 $0
2018 $1,794 $200,898 $0 $0
2017 $1,788 $196,766 $0 $0
2016 $1,742 $192,719 $0 $0
2015 $1,788 $191,379 $0 $0
2014 $2,269 $193,789 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Craig Barrett

    Seller's Agent in 2014

    Craig Barrett

    NBI Properties Inc

    (305) 468-7000

    3 in this area

    95 Total Sales

    Craig Barrett
    Section Image
  • Jayme Nabors

    Seller Co-Listing Agent in 2014

    Jayme Nabors

    NBI Properties Inc

    (850) 651-2066

    4 in this area

    81 Total Sales

    Jayme Nabors
    Section Image
  • Ken Wright

    Buyer's Agent in 2014

    Ken Wright

    Century 21 AllPoints Realty

    (850) 582-6442

    25 in this area

    80 Total Sales

    Ken Wright
    Section Image

  • M

    Seller's Agent in 2013

    Mary Ward

    Mary Ward Properties LLC

    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 705810

Emerald Coast Association of REALTORS®

APN: 04-3N-23-1840-0019-0010

Florida Okaloosa County Crestview 32539

5541 Royal St, Crestview, FL

Not Listed for Sale

Lots

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