NOT LISTED FOR SALE

702 E Chestnut Ave Crestview, FL 32539

Estimated Value: $71,000 - $133,000

2 Beds
1 Bath
872 Sq Ft
$108/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $59,999 $69 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $580/month

30 Days on Market

Highlights

  • Florida Architecture
  • Living Room
  • 3-minute walk to Twin Hills Park
  • Corner Lot
  • 1-Story Property

About This Home

As of February 2022

Investment opportunity! 2 Bedroom 1 bath cottage on Corner lot located in the heart of Crestview with easy access to schools, shopping and bases . Walking distance to lovely park with beautiful walking paths outdoor gym equipment and dog park. Priced to sell. This home has potential to be renovated with a little TLC it would make a great cottage getaway within driving distance of the beaches. The neighborhood is being revitalized with several new homes being built . This property was a rental investment property for years with previous owner. Property is being sold AS-IS. Listing Broker/salesperson has ownership interest in this property.

Last Agent to Sell the Property

Katie Davis

ERA American Real Estate License #3251182 Listed on: 12/09/2021

Last Buyer's Agent

Larry Medlock

RE/MAX Agency One

RE/MAX Agency One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $400

Year Built

  • Built in 1952

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Corner Lot
  • Level Lot
  • Property is zoned City, Resid Single Family

Home Design

  • Florida Architecture

Interior Spaces

  • 872 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Riverside Elementary School
  • Shoal River Middle School
  • Crestview High School

Utilities

  • No Cooling

Listing and Financial Details

  • Assessor Parcel Number 17-3N-23-2490-0152-0070

Home Details

Home Type

Single Family

Est. Annual Taxes

$400

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: 50x100
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: METES & BOUNDS
  • Directions: North on 85 right on Brett left on E Chestnut
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1952
  • Utilities Electric: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

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

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Utilities: Electric, Public Sewer, Public Water

Schools

  • Elementary School: Riverside
  • High School: Crestview
  • Middle Or Junior School: Shoal River

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: 17-3N-23-2490-0152-0070
  • Zoning: City, Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 400.21
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Feb 9, 2022
Sold by
Peugh Katie M
Bought by
Purpich Larry and Purpich Julie
Seller's Agent
Katie Davis
ERA American Real Estate
Buyer's Agent
Larry Medlock
RE/MAX Agency One
List Price
$59,999
Sold Price
$59,999
Total Days on Market
30
Current Estimated Value
$94,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,402
Avg. Annual Appreciation
14.58%

Purchase Details

Listed on
Dec 18, 2014
Closed on
Feb 1, 2016
Sold by
Peugh Katie M
Bought by
Simmons Edie
Seller's Agent
Kathy Flinchum
ERA American Real Estate
Buyer's Agent
Kathy Flinchum
ERA American Real Estate
List Price
$12,000
Sold Price
$12,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.25%

Purchase Details

Listed on
Dec 18, 2014
Closed on
Jan 8, 2016
Sold by
Latham Carolyn D and Latham Diane
Bought by
Peugh Katie
Seller's Agent
Kathy Flinchum
ERA American Real Estate
Buyer's Agent
Kathy Flinchum
ERA American Real Estate
List Price
$12,000
Sold Price
$12,000

Purchase Details

Closed on
Aug 19, 2014
Sold by
Latham Diane
Bought by
Latham Diane

Purchase Details

Closed on
Apr 11, 2000
Sold by
King John H and John H King Living Trust
Bought by
King Real Estate Rentals & Investments L
Source: Public Records

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Range of Values:

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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
Purpich Larry $60,000 Knight Barry Title
Simmons Edie -- None Available
Peugh Katie $12,000 Moulton Land Title Inc
Latham Diane -- None Available
King Real Estate Rentals & Investments L $6,000 --
King Real Estate Rentals & Investments L $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Latham Don $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $59,999 0.0% $69 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
12/09/2021 12/09/21 For Sale $59,999 +400.0% $69 / Sq Ft
01/08/2016 01/08/16 Sold $12,000 0.0% $14 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
12/18/2014 12/18/14 For Sale $12,000 -- $14 / 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 $951 $54,220 $7,578 $46,642
2023 $951 $58,756 $7,082 $51,674
2022 $0 $24,587 $0 $0
2021 $0 $23,871 $6,300 $17,571
2020 $400 $23,761 $7,700 $16,061
2019 $0 $19,210 $0 $0
2018 $0 $18,852 $0 $0
2017 $311 $17,856 $0 $0
2016 $317 $18,329 $0 $0
2015 $298 $16,855 $0 $0
2014 $288 $17,162 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 887136

Emerald Coast Association of REALTORS®

APN: 17-3N-23-2490-0152-0070