NOT LISTED FOR SALE

722 Arbor Lake Dr Crestview, FL 32536

Estimated Value: $180,248 - $203,000

2 Beds
2.5 Baths
1,200 Sq Ft
$162/Sq Ft Est. Value

Highlights

  • Community Pool
  • Cooling Available
  • Open Patio
  • Walk-In Pantry
  • Breakfast Bar
  • Living Room

About This Home

As of June 2021

Welcome to Arbor Lake Townhomes, a luxury rental community conveniently located in Crestview. This unit features two master bedrooms with spacious walk-in closets & master baths. There is a half bath on the first floor with hookups for a washer and dryer. The kitchen offers cherry cabinets, granite countertops, and stainless steel appliances including a dishwasher. There is also a sizable custom made pantry for additional storage. All residents have access to the onsite private saltwater gunite swimming pool. There is a pool house with Men's and Women's bathrooms as well as a picnic table and community charcoal grill. There is ample parking on the property for 2 vehicles per unit and overflow parking for guests of the property. Owner will consider pets with approved application and refundable pet deposit. Rent will also increase $25 monthly per pet. Any pet must be spayed/neutered, housebroken and current on all shots. Tenants are also required to carry renter's insurance while occupying the unit. NO SMOKING!

Last Agent to Rent the Property

CHR Rental Team

Carriage Hills Realty Inc Listed on: 05/20/2021

Last Renter's Agent

Joyce Anderson

Carriage Hills Realty Inc License #3260106

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2009

Lot Details

  • 871 Sq Ft Lot
  • Street terminates at a dead end

Home Design

  • Vinyl Trim
  • Three Sided Brick Exterior Elevation
  • Cement Board or Planked

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Living Room
  • Exterior Washer Dryer Hookup

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Open Patio

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater

Listing and Financial Details

  • 12 Month Lease Term
  • Assessor Parcel Number 07-3N-23-1101-0000-0722

Community Details

Recreation

  • Community Pool

Additional Features

  • Arbor Lake Phase 1 Subdivision
  • Community Barbecue Grill

Townhouse Details

Home Type

Townhome

Year Built

Built in 2009

Lot Details

0

Rental Info

  • Lease Term: 1 Year
  • Rental Info Lease Start Date: 2021-06-16

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.02
  • Subdivision Name: ARBOR LAKE PHASE 1
  • Directions: AT HWY 85 AND HWY 90 TURN WEST ONTO HWY 90. TAKE THE FIRST IMMEDIATE RIGHT ONTO PEARL STREET. FOLLOW PEARL STREET DOWN 3 STOP SIGNS UNTIL YOU PASS THE BALL FIELD (BEHIND RICHBOURG MIDDLE SCHOOL). ARBOR LAKES WILL BE ON YOUR LEFT
  • Architectural Style: Townhome
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 2009
  • Remarks Misc:Remarks: Welcome to Arbor Lake Townhomes, a luxury rental community conveniently located in Crestview. This unit features two master bedrooms with spacious walk-in closets & master baths. There is a half bath on the first floor with hookups for a washer and dryer. The kitchen offers cherry cabinets, granite countertops, and stainless steel appliances including a dishwasher. There is also a sizable custom made pantry for additional storage. All residents have access to the onsite private saltwater gunite swimming pool. There is a pool house with Men's and Women's bathrooms as well as a picnic table and community charcoal grill. There is ample parking on the property for 2 vehicles per unit and overflow parking for guests of the property. Owner will consider pets with approved application and
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Lease Terms:_one_ Year: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Laminate, Floor Vinyl, Floor WW Carpet, Furnished - None, Lighting Recessed, Pantry, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Floor Laminate: Yes

Exterior Features

  • Lot Features: Dead End
  • Construction Type: Siding Brick Some, Siding CmntFbrHrdBrd, Slab, Trim Vinyl
  • Exterior Features: Patio Open
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Lot Features:Dead End: Yes
  • ConstructionSiding:Siding Brick Some: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fans(s)
  • Cooling Y N: Yes
  • Utilities Paid By All Utilities: Tenant

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Dumpster, Pool

Schools

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

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 07-3N-23-1101-0000-0722
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2016
Sold by
Arbor Lakes Llc
Bought by
Florida Growth Properties Llc
Current Estimated Value
$193,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,710,000
Outstanding Balance
$1,034,051
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
-$840,239
Source: Public Records

Range of Values:

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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
Florida Growth Properties Llc $1,900,000 Allure Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Florida Growth Properties Llc $1,710,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2021 06/14/21 Rented $1,600 0.0% --
06/14/2021 06/14/21 Under Contract -- -- --
05/20/2021 05/20/21 For Rent $1,600 +60.8% --
12/09/2019 12/09/19 Rented $995 0.0% --
12/09/2019 12/09/19 Under Contract -- -- --
11/01/2019 11/01/19 For Rent $995 +17.1% --
08/29/2016 08/29/16 Rented $850 0.0% --
08/29/2016 08/29/16 Under Contract -- -- --
07/12/2016 07/12/16 For Rent $850 -- --
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
2025 $2,244 $141,379 $15,000 $126,379
2024 $2,023 $137,177 $15,000 $122,177
2023 $2,023 $133,250 $15,000 $118,250
2022 $1,788 $109,841 $10,000 $99,841
2021 $1,528 $92,001 $10,000 $82,001
2020 $1,455 $93,294 $10,000 $83,294
2019 $1,277 $75,047 $10,000 $65,047
2018 $1,285 $74,845 $0 $0
2017 $1,266 $72,738 $0 $0
2016 $1,354 $78,152 $0 $0
2015 $1,427 $80,620 $0 $0
2014 $1,333 $80,347 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 872253

Emerald Coast Association of REALTORS®

APN: 07-3N-23-1101-0000-0722