$265,000
SOLD DEC 6, 2024

107 Penny Ln Valparaiso, FL 32580

2 Beds
2 Baths
983 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$270 Per Sq Ft

Highlights

  • Newly Painted Property
  • Florida Architecture
  • Porch
  • Eglin Elementary School Rated A-
  • Great Room
  • Storm Windows

About This Home

As of December 2024

Brand new construction centrally located in Valparaiso! These Florida Cottages feature 2 bedrooms, 2 baths, in a new neighborhood. The exterior construction materials include painted Hardie Board, hurricane impact windows, a metal roof and brick skirt. The interior features granite counter tops, stainless steel appliances, LVP and recessed lighting. Other plans are available. Buyers to verify all deemed important information.

Last Agent to Sell the Property

Amanda Pettis

Berkshire Hathaway HomeServices PenFed Realty License #3227040 Listed on: 12/05/2024

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Jessica Mackrael

Coldwell Banker Realty License #3409055

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 40x65
  • Privacy Fence
  • Level Lot
  • Property is zoned City, Resid Single Family

HOA Fees

  • $30 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Newly Painted Property
  • Frame Construction
  • Metal Roof
  • Vinyl Trim
  • Three Sided Brick Exterior Elevation
  • Cement Board or Planked

Interior Spaces

  • 983 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Great Room
  • Vinyl Flooring
  • Storm Windows
  • Exterior Washer Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • Lewis Elementary And Middle School
  • Niceville High School

Utilities

  • High Efficiency Air Conditioning
  • Central Air
  • Underground Utilities

Community Details

  • Association fees include accounting, management, master
  • Kake Cottages Subdivision
  • The community has rules related to covenants

Listing and Financial Details

  • Assessor Parcel Number 12-1S-23-2000-0000-0040

Home Details

Home Type

Single Family

Year Built

Built in 2024 | Under Construction

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Lot Size: 40x65
  • Road Frontage Type: City Street
  • Subdivision Name: KAKE COTTAGES
  • Directions: Take John Sims into Valparaiso. Turn right on Valparaiso Pkwy. Houses are on the left past STEMM.
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2024
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Appliances Microwave: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Double Pane Windows: Yes
  • Utilities:Underground: Yes
  • Energy:Storm Windows: Yes
  • Rooms:Great Room: Yes
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Floor Vinyl, Lighting Recessed, Newly Painted, Washer/Dryer Hookup
  • Window Features: Double Pane Windows, Storm Window(s)
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Lot Features: Covenants, Level
  • Construction Type: Frame, Roof Metal, Siding Brick Some, Siding CmntFbrHrdBrd, Trim Vinyl
  • Exterior Features: Fenced Privacy, Porch
  • Property Condition: Under Construction
  • Lot Features:Level: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • Construction Status:Under Construction: Yes
  • ConstructionSiding:Frame: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Fenced Privacy: Yes
  • ConstructionSiding:Siding Brick Some: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Public Sewer, Public Water, Underground

Condo/Co-op/Association

  • Association #2 Fee: 30.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Management, Master Association

Schools

  • Elementary School: Lewis
  • High School: Niceville
  • Middle Or Junior School: Lewis

Lot Info

  • Lot Size Sq Ft: 2613.6
  • Parcel #: 12-1S-23-2000-0000-0040
  • Zoning: City, Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2024
Closed on
Dec 6, 2024
Sold by
Mcelroy Enterprises Inc
Bought by
Durham Trey Travis
Seller's Agent
Amanda Pettis
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Jessica Mackrael
Coldwell Banker Realty
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$264,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$928
Avg. Annual Appreciation
4.71%
Original Mortgage
$270,697
Outstanding Balance
$269,028
Interest Rate
6.72%
Mortgage Type
VA
Estimated Equity
$4,390

Purchase Details

Closed on
Aug 22, 2024
Sold by
Kake Cottages Llc
Bought by
Mcelroy Enterprises Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $265,000 First National Land Title
Warranty Deed $265,000 First National Land Title
Warranty Deed $75,000 Panhandle Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,697 VA
Closed $270,697 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $265,000 0.0% $270 / Sq Ft
12/05/2024 12/05/24 For Sale $265,000 -- $270 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $30,300 $30,300 --
2023 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 964168

Emerald Coast Association of REALTORS®

APN: 12-1S-23-2000-0000-0040