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3946 Balsam Dr

Niceville, FL 32578

2 bd 2 ba 1,124 sqft Built 1992 Lot 4,739 sqft single_family
Most recent sale
$262,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 9, 2023 Sold $295,000 Public Record
Jun 30, 2022 Sold $262,000 Public Record
May 13, 2022 Listed $262,000 MLS #895837
Jul 9, 2019 Sold $195,000 Public Record
Jul 3, 2019 Sold $195,000 MLS #820234
Apr 9, 2019 Listed $195,000 MLS #820234
Oct 6, 2017 Listing removed $1,250 EmeraldCoast
Aug 31, 2017 Price changed for rent $1,250 EmeraldCoast
Aug 21, 2017 Listed for rent $1,300 EmeraldCoast
Sep 23, 1994 Sold $72,500 Public Record
Sep 1, 1992 Sold $65,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $148,003 $82,995 $230,998 $3,171
2024 $148,003 $82,995 $230,998 $3,041
2023 $163,114 $67,134 $230,248 $3,069
2021 $112,155 $55,598 $167,753 $2,265
2020 $100,119 $55,047 $155,166 $2,110
2019 $90,018 $55,047 $145,065 $1,997
2018 $81,764 $51,931 $133,695 $1,862
2017 $93,692 $776
2016 $91,765 $753
2015 $91,127 $769
2014 $90,404 $769
2013 $89,068 $757
2012 $87,579 $725
2011 $85,028 $703
2010 $83,771 $671
2009 $78,089 $589
2008 $78,011 $580

Property facts

Year built
1992
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,124 sqft
Lot size
4,739 sqft
ZIP code
32578
City
Niceville
Street
Balsam Dr
Coordinates
30.53327, -86.47862

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
$2,079
Gross rental yield
9.52%
Implied cap rate
6.19%
Trend-extrapolated value

Frequently asked questions

When did 3946 Balsam Dr last sell?
3946 Balsam Dr most recently sold on Jun 30, 2022 for $262,000.
What is the current tax assessment for 3946 Balsam Dr?
The most recent total assessment for 3946 Balsam Dr (year 2025) is $230,998 with $3,171 in property tax.
How does 3946 Balsam Dr's assessment compare to its last sale price?
The current assessment is 11.8% below the last sale price of $262,000.
When was 3946 Balsam Dr built?
3946 Balsam Dr was built in 1992.
How does 3946 Balsam Dr compare to others on Balsam Dr?
We track 8 other properties on Balsam Dr. Browse the list under "Other properties on Balsam Dr" to compare beds, baths, and sale history.
What are the property facts for 3946 Balsam Dr?
3946 Balsam Dr is a 2 bed, 2 bath, 1,124 sqft, 4,739 sqft lot single_family.
Is 3946 Balsam Dr a flip candidate?
No — 3946 Balsam Dr does not appear in our flips dataset.
Is 3946 Balsam Dr a tax-appeal candidate?
No — 3946 Balsam Dr 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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