361 Satsuma Rd
Niceville, FL 32578
8 bd 2 ba 2,500 sqft Built 1981 Lot 43,516 sqft multi_family
Most recent sale
$485,000
Aug 21, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 21, 2023 | Sold | $485,000 | Public Record |
| Jul 14, 2023 | Listing removed | — | NWFlorida |
| Mar 9, 2023 | Price changed | $895,000 | NWFlorida |
| Feb 18, 2023 | Listed | $990,000 | NWFlorida |
| Oct 12, 2022 | Listing removed | — | NWFlorida |
| Aug 5, 2022 | Listing removed | — | NWFlorida |
| Jul 27, 2022 | Price changed | $990,000 | MLS #904074 |
| Jul 19, 2022 | Listed | $1,025,000 | MLS #904074 |
| Jul 18, 2022 | Listed | $525,000 | MLS #903965 |
| Jun 18, 2013 | Listing removed | $525 | NWFlorida |
| Jun 4, 2013 | Listing removed | $500 | NWFlorida |
| May 14, 2013 | Listed for rent | $525 | NWFlorida |
| May 3, 2013 | Listed for rent | $500 | NWFlorida |
| Sep 21, 2012 | Listing removed | $500 | NWFlorida |
| Aug 15, 2012 | Listed for rent | $500 | NWFlorida |
| Aug 20, 2011 | Listing removed | $500 | NWFlorida |
| Apr 29, 2011 | Price changed (rent) | $500 | NWFlorida |
| May 6, 2009 | Listing removed | $500 | NWFlorida |
| Mar 6, 2008 | Listed for rent | $500 | NWFlorida |
| Mar 14, 2005 | Listed for rent | $525 | NWFlorida |
| Jun 2, 2004 | Sold | $310,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $78,782 | $117,000 | $195,782 | $1,913 |
| 2022 | — | — | $178,703 | $2,409 |
| 2021 | — | — | $162,371 | $1,771 |
| 2020 | $54,386 | $93,224 | $147,610 | $1,663 |
| 2019 | $55,680 | $79,396 | $135,076 | $1,540 |
| 2018 | $54,262 | $79,396 | $133,658 | $1,383 |
| 2017 | $55,494 | $79,396 | $134,890 | $1,399 |
| 2016 | $56,726 | $79,396 | $136,122 | $1,423 |
| 2015 | $57,958 | $79,396 | $137,354 | $1,607 |
| 2014 | — | — | $138,588 | $1,638 |
| 2013 | $60,424 | $79,396 | $139,820 | $1,663 |
| 2012 | — | — | $141,052 | $1,384 |
| 2011 | — | — | $142,284 | $1,395 |
| 2010 | — | — | $147,443 | $1,451 |
| 2009 | — | — | $159,550 | $1,472 |
| 2008 | — | — | $208,737 | $1,709 |
| 2007 | — | — | $209,845 | $1,722 |
Property facts
Year built
1981
Property type
multi_family
Stories
1
Beds
8
Baths
2
Living area
2,500 sqft
Lot size
43,516 sqft
ZIP code
32578
City
Niceville
Street
Satsuma Rd
Coordinates
30.46658, -86.35789
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
$4,625
Gross rental yield
11.44%
Implied cap rate
7.44%
Trend-extrapolated value
—
Frequently asked questions
When did 361 Satsuma Rd last sell?
361 Satsuma Rd most recently sold on Aug 21, 2023 for $485,000.
What is the current tax assessment for 361 Satsuma Rd?
The most recent total assessment for 361 Satsuma Rd (year 2025) is $195,782 with $1,913 in property tax.
How does 361 Satsuma Rd's assessment compare to its last sale price?
The current assessment is 59.6% below the last sale price of $485,000.
When was 361 Satsuma Rd built?
361 Satsuma Rd was built in 1981.
How does 361 Satsuma Rd compare to others on Satsuma Rd?
We track 8 other properties on Satsuma Rd. Browse the list under "Other properties on Satsuma Rd" to compare beds, baths, and sale history.
What are the property facts for 361 Satsuma Rd?
361 Satsuma Rd is a 8 bed, 2 bath, 2,500 sqft, 43,516 sqft lot multi_family.
Is 361 Satsuma Rd a flip candidate?
No — 361 Satsuma Rd does not appear in our flips dataset.
Is 361 Satsuma Rd a tax-appeal candidate?
No — 361 Satsuma Rd 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
Explore nearby
Geography
Other properties on Satsuma Rd