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1009 Alderwood Way

Niceville, FL 32578

2 bd 2 ba 1,160 sqft Built 1986 Lot 4,792 sqft single_family
Most recent sale
$260,000
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2022 Sold $260,000 Public Record
May 9, 2022 Sold $260,000 EmeraldCoast
Mar 22, 2022 Listed $269,000 MLS #893234
Nov 23, 2016 Listing removed $1,100 AppfolioUnits
Nov 19, 2016 Price changed for rent $1,100 AppfolioUnits
Nov 2, 2016 Listing removed $1,150 HeroPM
Nov 1, 2016 Price changed for rent $1,150 AppfolioUnits
Oct 19, 2016 Listing removed $1,100 EmeraldCoast
Oct 19, 2016 Price changed for rent $1,100 AppfolioUnits
Oct 18, 2016 Price changed for rent $1,100 EmeraldCoast
Oct 17, 2016 Listed for rent $1,200 AppfolioUnits
Oct 14, 2016 Listed for rent $1,200 EmeraldCoast
Nov 18, 2015 Listing removed $1,000 AppfolioUnits
Nov 13, 2015 Listed for rent $1,000 AppfolioUnits
Nov 12, 2015 Listing removed $1,000 EmeraldCoast
Oct 1, 1991 Sold $64,500 Public Record
Jun 1, 1987 Sold $61,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $161,128 $82,995 $244,123 $3,351
2024 $161,128 $82,995 $244,123 $3,222
2023 $176,835 $67,134 $243,969 $3,252
2022 $197,920 $2,779
2021 $124,329 $55,598 $179,927 $2,429
2020 $164,483 $2,243
2019 $149,530 $2,088
2018 $135,936 $1,929
2017 $72,161 $51,417 $123,578 $1,749
2016 $70,832 $51,417 $122,249 $1,720
2015 $69,060 $49,440 $118,500 $1,712
2014 $90,629 $779
2013 $89,290 $767
2012 $87,797 $735
2011 $85,240 $713
2010 $83,980 $681
2009 $81,772 $649
2008 $81,690 $639
2007 $79,311 $776

Property facts

Year built
1986
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,160 sqft
Lot size
4,792 sqft
ZIP code
32578
City
Niceville
Street
Alderwood Way
Coordinates
30.53191, -86.47901

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,146
Gross rental yield
9.90%
Implied cap rate
6.44%
Trend-extrapolated value

Frequently asked questions

When did 1009 Alderwood Way last sell?
1009 Alderwood Way most recently sold on May 10, 2022 for $260,000.
What is the current tax assessment for 1009 Alderwood Way?
The most recent total assessment for 1009 Alderwood Way (year 2025) is $244,123 with $3,351 in property tax.
How does 1009 Alderwood Way's assessment compare to its last sale price?
The current assessment is 6.1% below the last sale price of $260,000.
When was 1009 Alderwood Way built?
1009 Alderwood Way was built in 1986.
How does 1009 Alderwood Way compare to others on Alderwood Way?
We track 8 other properties on Alderwood Way. Browse the list under "Other properties on Alderwood Way" to compare beds, baths, and sale history.
What are the property facts for 1009 Alderwood Way?
1009 Alderwood Way is a 2 bed, 2 bath, 1,160 sqft, 4,792 sqft lot single_family.
Is 1009 Alderwood Way a flip candidate?
No — 1009 Alderwood Way does not appear in our flips dataset.
Is 1009 Alderwood Way a tax-appeal candidate?
No — 1009 Alderwood Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.3%
Implied 1-yr
+5.2%
2026 Q3
$564.8K
2026 Q4
$571.5K
ZIP 32578 — Median Price History + Forecast

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