5191 Ray St is a 540 square foot house on a 0.32 acre lot with 2 bedrooms and 1 bathroom. Based on Redfin's Baker data, we estimate the home's value is $116,122.
Single-familyProperty Type
1960Year Built
0.32 acresLot Size
$215Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$116,122
$6,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 45.7% lower than the average sale price ($214K) of 6 comparable homes.
Claim this home to receive a free report every month with insights on the changing estimate.
Earn from this home
Rent
$1,730/mo
Redfin rental estimate
List your home for rent
Market trends in 32531, FL
Last updated September 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
96.8%
1.1% MoM
Median sale price
$309K
$6K MoM
Avg. days on market
82d
26 days MoM
Recently sold homes
27
4 MoM
Provided by Redfin
Sale history for 5191 Ray St
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$518 (+6.9%)
$19,461 + $21,940
$41,401
2024
$485 (+3.0%)
$19,461 + $21,940
$41,401
2023
$471 (+5.8%)
$17,692 + $20,914
$38,606
2022
$445 (+11.6%)
$16,534 + $21,085
$37,619
2021
$398 (+4.3%)
$15,452 + $19,447
$34,899
2020
$382 (+1.1%)
$14,708 + $14,631
$29,339
2019
$378 (+0.5%)
$14,420 + $13,335
$27,755
2018
$376 (+0.7%)
$14,420 + $11,875
$26,295
2017
$373 (+1.4%)
$14,420 + $11,082
$25,502
2016
$368
$14,420 + $11,082
$25,502
2015
$368 (−7.1%)
$14,000 + $10,426
$24,426
2014
$396
Tax history for 5191 Ray St
Year
Property tax
Land + Additions
Assessment*
2025
$518 (+6.9%)
$19,461 + $21,940
$41,401
2024
$485 (+3.0%)
$19,461 + $21,940
$41,401
2023
$471 (+5.8%)
$17,692 + $20,914
$38,606
2022
$445 (+11.6%)
$16,534 + $21,085
$37,619
2021
$398 (+4.3%)
$15,452 + $19,447
$34,899
2020
$382 (+1.1%)
$14,708 + $14,631
$29,339
2019
$378 (+0.5%)
$14,420 + $13,335
$27,755
2018
$376 (+0.7%)
$14,420 + $11,875
$26,295
2017
$373 (+1.4%)
$14,420 + $11,082
$25,502
2016
$368
$14,420 + $11,082
$25,502
2015
$368 (−7.1%)
$14,000 + $10,426
$24,426
2014
$396
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
MU
Mixed Use District
The purpose of the mixed use MU district is to provide areas for a variety of housing types as well as a functional mix of residential and non-residential land uses. To this end, while MU developments are encouraged to include a mix of both residential and non-residential uses, single use development is allowed when the area surrounding a proposed single use development within the MU zone is predominantly of the type proposed, and requiring another use would be out-of-character with the predominant surrounding use, and would result in internal incompatibility that cannot be remedied through buffers, setbacks, or other techniques in an economically efficient manner.
Permitted uses
Include but are not limited to:
Gas station
Day care facility
General retail
Restaurant
Housing-Multiple units
Infrastructure
Mixed use building
Medical office
Recreation
Park & open space
Property details
Interior
Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Convection
Exterior
Exterior Information
Building Construction Quality: Below Average
Roof Covering Type: Composition Shingle
Roof Shape Type: Gable/Hip
Building Type: Single Family
Property Information
Subdivision Name: HOMES INV CO ADD
Living Sq. Ft: 540
Adjusted Gross Sq. Ft: 540
Ground Floor Sq. Ft: 540
Building Sq. Ft: 640
# of Units: 1
# of Stories: 1
Legal Description: HOME INV CO MILLIGAN LOTS 1 & 2 BLK H
Lot Information
# of Buildings: 1
Land Sq. Ft: 14,061
Legal Lot Number: 1
Legal Block Number: H
Water District: WATER MGT
Acres: 0.32
Front Footage: 100
State Use Description: SFR
Financial
Assessor Information
Assessment Year: 2025
Tax District County: COUNTY
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 540
Stories: 1.0
Lot Size: 0.32 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: 1960
County: Okaloosa County
APN: 223N241200000H0010
Home facts updated by county records on Jul 10, 2026
Around this home
Schools
Baker School
Public PreK-12 • Assigned • 3.8mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 107° expected this year, 20 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Baker, FL • 32531
Average low and high temperatures (°F)
60
38
70
47
77
52
82
58
85
65
90
71
93
75
88
72
90
66
82
58
74
53
65
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 5.2 hours in December, which is comparable to the
U.S. average for solar exposure.
9.1 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$111,000 – $134,000
Sell confidently with a local market expert in Baker. 3 minutes to get started.