NOT LISTED FOR SALE

Estimated Value: $81,000 - $539,358

6 Beds
6 Baths
3,712 Sq Ft
$66/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $750,000 $202 Per Sq Ft

Current estimated payment $1,393/month

5 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Open Patio
  • Heating System Mounted To A Wall or Window
  • Fort Walton Beach High School Rated A
  • Living Room
  • 1-Story Property

About This Home

As of February 2024

IINVESTMENT OPPORTUNITY!!! Gross monthly Rental income of $6700 with room for increase! Located in the OPPORTUNITY ZONE!

6 Plex- 1 bedroom 1 bath attached units - Separate Parcel ID's

Each unit features a living room, bathroom, kitchen and master bedroom. All units have NEW sliding glass doors in living room and laundry hooks ups located in the bedroom closets. Front doors and fencing are NEW. Exterior of the property has been repainted. Five of thesix7 AC units have been replaced.

Roof was replaced in February 2019. ALL UNITS ARE OCCUPIED. MUST HAVE AT LEAST 24 HOURS NOTICE. Please see additional remarks/docs for each parcel ID, rent roll and lease dates.

Last Agent to Sell the Property

View Group

Keller Williams Realty FWB Listed on: 01/26/2024

Keller Williams Realty FWB

Last Buyer's Agent

Vinnie Chulk

Coldwell Banker Realty License #3269135

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,333

Year Built

  • Built in 1957

Lot Details

  • 0.27

Home Design

  • Property Attached
  • Dimensional Roof
  • Composition Shingle Roof

Interior Spaces

  • 3,712 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Exterior Washer Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Outdoor Features

  • Open Patio

Schools

  • Wright Elementary School
  • Bruner Middle School
  • Fort Walton Beach High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Mounted To A Wall or Window

Community Details

  • Virginia Oak Court Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10-2S-24-1510-0000-0080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,333

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: Virginia Oak Court
  • Directions: From Mary Esther Cut off take a right onto Gap Creek. Virginia Oak Court is located on the left. the 6plex units 617-627 are located on your right.
  • Architectural Style: Other
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1957
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Energy:AC - WindowWall: Yes
  • Energy:Heat - WallWindow: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Interior Amenities: Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Type: Roof Dimensional Shg
  • Exterior Features: Patio Open
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • Exterior:Patio Open: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Wall/Window Unit(s), Central Air
  • Cooling Y N: Yes
  • Heating: Wall/Window
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer

Schools

  • Elementary School: Wright
  • High School: Fort Walton Beach
  • Middle Or Junior School: Bruner

Lot Info

  • Parcel #: 10-2S-24-1510-0000-0080
  • Zoning: City
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6333.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Dec 15, 2021
Sold by
Virginia Oak Land Trust
Bought by
Virginia Oaks Townhomes Llc
Seller's Agent
Amber Carpenter
Endless Horizons Realty Inc
Buyer's Agent
View Group
Keller Williams Realty FWB
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$244,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$255,410
Avg. Annual Appreciation
-17.19%
Original Mortgage
$400,000
Outstanding Balance
$369,403
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
-$122,895

Purchase Details

Closed on
Jun 29, 2018
Sold by
Keller Diane B
Bought by
Carpenter Amber and The Virginia Oak Land Trust

Purchase Details

Closed on
Apr 15, 2004
Sold by
Knowles Donald A and Knowles Cheryl W
Bought by
Keller Diane B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,800
Interest Rate
5.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 5, 2001
Sold by
Davenport Larry C and Davenport Sandra L
Bought by
Knowles Donald A and Knowles Cheryl W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,200
Interest Rate
6.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Virginia Oaks Townhomes Llc $500,000 New Title Company Name
Carpenter Amber -- Attorney
Carpenter Amber -- Attorney
Catraline Amnber -- Attorney
Carpenter Amber -- Attorney
Carpenter Amber -- Attorney
Carpenter Amber -- Attorney
Keller Diane B $41,000 Coastal Title Group Inc
Knowles Donald A $198,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sgc22 Holdings Llc $120,000
Open Virginia Oaks Townhomes Llc $400,000
Previous Owner Keller Diane B $32,800
Previous Owner Keller Diane B $32,800
Previous Owner Keller Diane B $33,200
Previous Owner Knowles Donald A $178,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $750,000 0.0% $202 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $750,000 +50.0% $202 / Sq Ft
12/15/2021 12/15/21 Sold $500,000 0.0% $868 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $500,000 -- $868 / 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
2024 $1,067 $92,370 $37,000 $55,370
2023 $1,067 $86,200 $37,000 $49,200
2022 $981 $78,606 $37,000 $41,606
2021 $722 $62,086 $30,000 $32,086
2020 $604 $47,014 $18,000 $29,014
2019 $553 $42,175 $18,000 $24,175
2018 $1,270 $95,681 $0 $0
2017 $1,918 $143,874 $0 $0
2016 $1,776 $133,987 $0 $0
2015 $1,798 $133,720 $0 $0
2014 $1,835 $136,334 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 940888

Emerald Coast Association of REALTORS®

APN: 10-2S-24-1510-0000-0080