427 Bally Way
Niceville, FL 32578
4 bd 2 ba 2,418 sqft Built 1993 Lot 22,216 sqft single_family
Most recent sale
$710,000
Aug 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 1, 2022 | Sold | $710,000 | Public Record |
| Jul 29, 2022 | Sold | $710,000 | EmeraldCoast |
| Jun 17, 2022 | Listed | $725,000 | MLS #901395 |
| Jun 3, 2021 | Sold | $559,500 | Public Record |
| Jun 1, 2021 | Sold | $559,500 | EmeraldCoast |
| Mar 19, 2003 | Sold | $235,000 | Public Record |
| Jul 17, 2000 | Sold | $215,000 | Public Record |
| Feb 11, 1999 | Sold | $205,000 | Public Record |
| Mar 2, 1993 | Sold | $159,600 | Public Record |
| Sep 1, 1992 | Sold | $32,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $511,053 | $111,423 | $622,476 | $7,987 |
| 2024 | $511,053 | $111,423 | $622,476 | $7,540 |
| 2023 | $513,243 | $98,324 | $611,567 | $7,623 |
| 2022 | $475,868 | $93,642 | $569,510 | $7,481 |
| 2020 | — | — | $350,194 | $4,233 |
| 2019 | — | — | $342,321 | $4,180 |
| 2018 | — | — | $335,938 | $4,141 |
| 2017 | — | — | $329,028 | $4,114 |
| 2016 | — | — | $322,261 | $4,005 |
| 2015 | — | — | $320,021 | $4,083 |
| 2014 | — | — | $317,481 | $4,094 |
| 2013 | — | — | $312,789 | $4,058 |
| 2012 | — | — | $307,560 | $3,923 |
| 2011 | — | — | $309,343 | $4,019 |
| 2010 | — | — | $280,603 | $3,532 |
| 2009 | — | — | $273,226 | $3,411 |
| 2008 | — | — | $272,953 | $3,350 |
Property facts
Year built
1993
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,418 sqft
Lot size
22,216 sqft
ZIP code
32578
City
Niceville
Street
Bally Way
Coordinates
30.51562, -86.44051
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,473
Gross rental yield
7.56%
Implied cap rate
4.91%
Trend-extrapolated value
—
Frequently asked questions
When did 427 Bally Way last sell?
427 Bally Way most recently sold on Aug 1, 2022 for $710,000.
What is the current tax assessment for 427 Bally Way?
The most recent total assessment for 427 Bally Way (year 2025) is $622,476 with $7,987 in property tax.
How does 427 Bally Way's assessment compare to its last sale price?
The current assessment is 12.3% below the last sale price of $710,000.
When was 427 Bally Way built?
427 Bally Way was built in 1993.
How does 427 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 427 Bally Way?
427 Bally Way is a 4 bed, 2 bath, 2,418 sqft, 22,216 sqft lot single_family.
Is 427 Bally Way a flip candidate?
Yes — 427 Bally Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 427 Bally Way a tax-appeal candidate?
No — 427 Bally Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly 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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Geography
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