NOT LISTED FOR SALE

723 Arbor Lake Dr Unit 723 Crestview, FL 32536

Estimated Value: $186,970 - $219,000

2 Beds
2.5 Baths
1,200 Sq Ft
$169/Sq Ft Est. Value

Highlights

  • Fishing
  • Newly Painted Property
  • Community Pool
  • Lake View
  • Wood Flooring
  • Walk-In Pantry

About This Home

As of May 2015

Beautiful unfurnished 2BR/2.5BA townhome in Crestview! Arbor Lake is quietly tucked away from the hustle and bustle of traffic, yet centrally located to the downtown center, restaurants, schools and shopping. Downstairs you will find plank flooring and carpet as well as a spacious half bath that includes a laundry area behind bi-fold doors. The kitchen offers top of the line stainless steel appliances with granite countertops, a large breakfast bar, and plenty of storage in your cherry wood cabinets. The pantry also holds custom made shelving. French doors are located in the living room and lead to a patio for your cookout gear. Upstairs you will find two bedrooms, each equipped with their own private bathrooms as well as walk-in closets. An additional linen closet is located in the hall.

Last Agent to Rent the Property

Erica Douglas

Southern Residential Leasing Inc License #3289249 Listed on: 03/24/2015

Last Renter's Agent

Erica Douglas

Southern Residential Leasing Inc License #3289249 Listed on: 03/24/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,023

Year Built

  • Built in 2009

Lot Details

  • 871

Home Design

  • Quadruplex
  • Newly Painted Property
  • Concrete Roof
  • Vinyl Trim
  • Three Sided Brick Exterior Elevation
  • Cement Board or Planked

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Lake Views
  • Fire and Smoke Detector
  • Exterior Washer Dryer Hookup

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater

Additional Features

  • Open Patio
  • 871 Sq Ft Lot

Listing and Financial Details

  • 12 Month Lease Term
  • Assessor Parcel Number 07-3N-23-1101-0000-0723

Community Details

Recreation

  • Community Pool
  • Fishing

Additional Features

  • Arbor Lake Phase 1 Subdivision
  • Community Barbecue Grill

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,023

Year Built

Built in 2009

Lot Details

0

Rental Info

  • Lease Term: 1 Year
  • Rental Info Lease Start Date: 2015-05-20

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: Fourplex
  • Building Stories: 2
  • Year Built: 2009
  • 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
  • Waterview:Lake2: Yes
  • Lease Terms:_one_ Year: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Hardwood, Floor Tile, Floor WW Carpet New, Furnished - None, Lighting Recessed, Newly Painted, Pantry, Washer/Dryer Hookup, Window Treatmnt None, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Newly Painted: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Floor WW Carpet New: Yes

Exterior Features

  • View: Lake
  • Construction Type: Roof Concrete, 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
  • ConstructionSiding:Siding Brick Some: Yes
  • ConstructionSiding:Roof Concrete: Yes

Garage/Parking

  • Parking Features: Other
  • Parking Features:Other3: Yes

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 07-3N-23-1101-0000-0723
  • 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
$202,743

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
$1,061,476
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
-$858,733
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
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
05/05/2015 05/05/15 Rented $825 0.0% --
05/05/2015 05/05/15 Under Contract -- -- --
03/24/2015 03/24/15 For Rent $825 +3.1% --
03/16/2015 03/16/15 Rented $800 0.0% --
03/16/2015 03/16/15 Under Contract -- -- --
03/03/2015 03/03/15 For Rent $800 -- --
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 $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: 725772

Emerald Coast Association of REALTORS®

APN: 07-3N-23-1101-0000-0723