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422 Bally Way

Niceville, FL 32578

4 bd 4 ba 3,435 sqft Built 1992 Lot 26,136 sqft single_family
Most recent sale
$770,000
Sep 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 12, 2023 Sold $780,000 EmeraldCoast
Sep 6, 2022 Sold $770,000 Public Record
Sep 2, 2022 Sold $770,000 EmeraldCoast
Jun 24, 2022 Listed $829,000 MLS #901955
May 18, 2021 Sold $649,000 Public Record
May 7, 2021 Sold $649,000 EmeraldCoast
Mar 30, 2021 Relisted $649,000 MLS #865007
Feb 19, 2021 Listed $649,000 MLS #865007
Nov 12, 2008 Sold $415,000 Public Record
Aug 30, 2002 Sold $375,900 Public Record
Sep 17, 1997 Sold $287,900 Public Record
Nov 1, 1994 Sold $257,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $527,840 $98,324 $626,164 $7,817
2022 $496,282 $93,642 $589,924 $7,231
2020 $350,203 $4,233
2019 $342,329 $4,180
2018 $335,946 $4,141
2017 $329,036 $4,114
2016 $322,268 $4,005
2015 $320,028 $4,083
2014 $317,488 $4,094
2013 $312,796 $4,058
2012 $307,567 $3,923
2011 $316,834 $4,130
2010 $322,238 $4,136
2009 $345,178 $4,449
2008 $283,917 $3,505

Property facts

Year built
1992
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,435 sqft
Lot size
26,136 sqft
ZIP code
32578
City
Niceville
Street
Bally Way
Coordinates
30.51556, -86.43948

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
$6,355
Gross rental yield
9.90%
Implied cap rate
6.44%
Trend-extrapolated value

Frequently asked questions

When did 422 Bally Way last sell?
422 Bally Way most recently sold on Sep 6, 2022 for $770,000.
What is the current tax assessment for 422 Bally Way?
The most recent total assessment for 422 Bally Way (year 2023) is $626,164 with $7,817 in property tax.
How does 422 Bally Way's assessment compare to its last sale price?
The current assessment is 18.7% below the last sale price of $770,000.
When was 422 Bally Way built?
422 Bally Way was built in 1992.
How does 422 Bally Way compare to others on Bally Way?
We track 7 other properties on Bally Way. Browse the list under "Other properties on Bally Way" to compare beds, baths, and sale history.
What are the property facts for 422 Bally Way?
422 Bally Way is a 4 bed, 4 bath, 3,435 sqft, 26,136 sqft lot single_family.
Is 422 Bally Way a flip candidate?
No — 422 Bally Way does not appear in our flips dataset.
Is 422 Bally Way a tax-appeal candidate?
No — 422 Bally 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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