NOT LISTED FOR SALE

Estimated Value: $479,000 - $520,000

8 Beds
4 Baths
3,016 Sq Ft
$165/Sq Ft Est. Value

Last Sold August 25, 2022

Last sale price $477,000 $158 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,105/month

4 Days on Market

Highlights

  • 0.44 Acre Lot
  • Interior Lot
  • Central Heating and Cooling System
  • Fort Walton Beach High School Rated A
  • Living Room
  • 1-Story Property

About This Home

As of August 2022

Are you looking for passive income? Look no further!! This 4-plex unit has 4 units that are all 2 bedroom 1 bath, currently renting for a total of $3,400 a month with low maintenance. The roof was replaced in 2017 on the whole property. Electrical is all copper wiring. The AC units are 2012 or newer. Each unit has its own utility room with washer and dryer hook ups. The tenants pay all utilities. The property is located near two large military bases Eglin AFB and Hurlburt AFB. The property is also less than a mile from Walmart and Sam's club. This is the ideal location for a rental investment. Comparable units are renting for upwards of $1300 a month and more.

Last Agent to Sell the Property

Chris Carter

Real Broker LLC License #3210183 Listed on: 07/20/2022

Real Broker LLC

Last Buyer's Agent

Shane Grady

Real Broker LLC License #3433234

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,815

Year Built

  • Built in 1979

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 90 x 210
  • Property fronts a county road
  • Interior Lot
  • Level Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Frame Construction
  • Composition Shingle Roof

Interior Spaces

  • 3,016 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Field S/D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-2S-24-0900-0007-0060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,815

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.44
  • Lot Size: 90 X 210
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: FIELD S/D
  • Directions: North on Beal PKWY from ME BLVD. Left on Duloft. Right on Shady LN. Units on the left.
  • Architectural Style: Fourplex
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1979
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Appliances:StoveOven Electric: Yes

Exterior Features

  • Lot Features: Interior, Level
  • Construction Type: Brick, Frame, Roof Composite Shngl
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Frame: Yes
  • ConstructionSiding:Brick: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water

Schools

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

Lot Info

  • Lot Size Sq Ft: 19166.4
  • Parcel #: 03-2S-24-0900-0007-0060
  • Zoning: Resid Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2815.26
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Aug 23, 2022
Sold by
Porto Victoria B and Porto Jeremy
Bought by
Knizel Jessica Elizabeth and Erickson Derek Matthew
Seller's Agent
Chris Carter
Real Broker LLC
Buyer's Agent
Shane Grady
Real Broker LLC
List Price
$475,000
Sold Price
$477,000
Premium/Discount to List
$2,000
0.42%
Current Estimated Value
$498,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,823
Avg. Annual Appreciation
1.04%
Original Mortgage
$357,750
Outstanding Balance
$342,947
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$149,137

Purchase Details

Closed on
Sep 3, 2013
Sold by
Shady Lane Properties Llc
Bought by
Porto Victoria B and Porto Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,250
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 2008
Sold by
Mork Anthony R
Bought by
Shady Lane Propeties Llc

Purchase Details

Closed on
Jun 13, 2008
Sold by
Jones Fred C and Byers Katherine A
Bought by
Mork Anthony R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.04%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 2001
Sold by
Jones Fred C
Bought by
Crowder Lela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,457
Interest Rate
7.02%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Knizel Jessica Elizabeth $477,000 Bradley Title
Porto Victoria B $176,000 Mti Title Ins Agency Inc
Shady Lane Propeties Llc $156,500 None Available
Mork Anthony R $200,000 American Land Title Inc
Crowder Lela M $145,000 Twin Cities Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knizel Jessica Elizabeth $357,750
Previous Owner Porto Victoria B $119,250
Previous Owner Mork Anthony R $150,000
Previous Owner Jones Fred C $129,852
Previous Owner Crowder Lela M $132,457
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Off Market $477,000 -- --
08/25/2022 08/25/22 Sold $477,000 +0.4% $158 / Sq Ft
07/24/2022 07/24/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $475,000 -- $157 / 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 $4,638 $405,625 $69,869 $335,756
2023 $4,638 $374,638 $63,378 $311,260
2022 $3,204 $290,044 $60,324 $229,720
2021 $2,815 $231,053 $53,833 $177,220
2020 $2,613 $215,708 $52,688 $163,020
2019 $2,499 $210,578 $52,688 $157,890
2018 $2,238 $181,436 $0 $0
2017 $1,951 $150,212 $0 $0
2016 $1,718 $129,599 $0 $0
2015 $1,619 $120,370 $0 $0
2014 $1,753 $130,234 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 904096

Emerald Coast Association of REALTORS®

APN: 03-2S-24-0900-0007-0060