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Off market
  • $281,500

    486 German Club Rd, Defuniak Springs, FL 32433

    5beds
    2,063sqft
    SingleFamily
    Built in 1990
    2 Acres Lot
    $281,500 Zestimate®
    $136/sqft
    $2,291 Estimated rent

    Home value

    $281,500

    $239,000 - $324,000

    $2,291/mo

    Zestimate® history
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    Owner options

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    $2,291/mo

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    $2,291/mo

    Rent Zestimate®

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    $1,658/mo

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    $1,658/mo

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    What's special

    INQUIRIES ARE WELCOME FROM BOTH INVESTORS AND POTENTIAL OWNER OCCUPANTS. WE'VE RECEIVED STRONG INTEREST IN ONLY A FEW DAYS. IF YOU WISH TO MAKE AN OFFER BASED ON THE $12,000 CASH FLOW STREAM OR AS A PERSONAL RESIDENCE, PLEASE CONTACT US ASAP. WE PREDICT THE HOME WILL BE UNDER CONTRACT SOON! ATTN BUYER'S AGENTS: 3% COMMISSION PAID AT CLOSING IF YOU BRING IN THE ULTIMATE BUYER. Home will come with a SIX YEAR "comprehensive" HOME WARRANTY, at no charge to buyer. CURRENTLY AN INVESTMENT HOME. CURRENT OCCUPANT WISHES TO RENEW FOR 4TH YR. NEW OWNER WOULD HAVE THE OPTION TO OCCUPY THE PROPERTY OR RENEW LEASE W/ CURRENT OCCUPANT. RENEWAL RENT WOULD BE AT LEAST $1,200 PER MONTH. HOME YIELDS ANNUAL NET CASH FLOW OF ROUGHLY $12,000 PER YEAR. NOTE: LOCATED IN A HOT RENTAL MARKET IN A SMALL CITY ON THE UPSWING. IT'S A BEACH AREA BEDROOM COMMUNITY & FUTURE HOME OF A MAJOR VETERANS ADMINISTRATION FACILITY. DEFUNIAK VACANCIES ARE RARE & ARE QUICKLY FILLED. OCCUPANTS OFTEN WORK AT THE BEACH. IF YOU BUY HOME AS AN INVESTMENT, ANNUAL RENT INCREASES SHOULD NOT BE A PROBLEM. Open floor plan. Spacious kitchen with pantry and breakfast bar, dining area, and living room. New black or stainless steel appliances. Wood floors with BR carpet replaced in 2016. 2 Full baths + 1 1/2 bath. Roof, appliances, and AC replaced in 2016. Handy storage area in the back. Large yard on 1 acre lot for the kids, pets, a garden, vehicles, and perhaps a garage w/ apt etc. IF YOU ARE A SERIOUS BUYER WITH CASH AND/OR FINANCING IN PLACE, PLEASE CALL H.R. ELLIS ASAP AT 850-533-9887.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Carpet, Hardwood
    • Basement: None
    Interior area
    • Total interior livable area: 2,063 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 2 Acres
    Details
    • Parcel number: 243N19190000150000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1990

    Community & neighborhood

    Location
    • Region: Defuniak Springs

    Other

    Other facts
    • NO Smoking Allowed
    • Pets Allowed - Cats Only
    • WD Hookup

    Price history

    DateEventPrice
    3/24/2021Listing removed--
    Source: Owner
    6/23/2019Listing removed$149,000$72/sqft
    Source: Owner
    6/17/2019Price change$149,000-3.9%$72/sqft
    Source: Owner
    6/14/2019Listed for sale$155,000+195.2%$75/sqft
    Source: Owner
    4/29/2016Sold$52,500+87.5%$25/sqft
    Source: ECAOR #735562

    Public tax history

    YearProperty taxesTax assessment
    2024$1,211 +6.2%$126,642 +10%
    2023$1,140 +7%$115,129 +10%
    2022$1,065 +10%$104,663 +10%

    Find assessor info on the county website

    Neighborhood: 32433

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $281,500
    2% more+ $5,630
    With Zillow Showcase(estimated)
    $287,130