NOT LISTED FOR SALE

118 Lake Merial Blvd Southport, FL 32409

Estimated Value: $486,317 - $552,000

4 Beds
3 Baths
2,605 Sq Ft
$202/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $450,000 $173 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,213/month

46 Days on Market

Highlights

  • Gated Community
  • Breakfast Room
  • Patio
  • Traditional Architecture
  • 2 Car Attached Garage
  • Kitchen Island

About This Home

As of September 2023

Welcome to the desirable gated community of Lake Merial. With over 2600 sqft, this 4 BR 3 BA all brick home on a 1/2 acre + lot is ready for your family. The foyer leads into the spacious living room, highlighted by a tray ceiling with crown molding, which also extends to the connected screened back patio and backyard. The kitchen has an abundance of custom cabinets, stainless steel appliances, granite countertops, custom back splash, recessed lighting, and ceramic tile. This kitchen has it all! It has a large breakfast nook, kitchen island, as well as a wraparound bar. The formal dining room at the front of the home features crown molding and a bay window. The master bedroom is located on the back of the home, featuring a tray ceiling and crown molding. The master bathroom includes a garden tub, shower, double vanities, and a separate water closet. There is one walk in closet in the master bedroom and a second one leading in from the master bathroom. The open concept of this home with a generous sized entertainment space extends to the kitchen and living room area. Enjoy the privacy of a split floor plan between the owner's suite and the additional bedrooms/office. Flooring throughout the home includes manufactured hardwood in the common areas and office, tile in baths and kitchen, and carpet in the bedrooms. Home has an attached two car garage with attic storage above. This home has an oversized driveway, large enough to fit 6-8 vehicles. Relax, grill, or watch the kids or your pets play in your large backyard from your screened-in covered porch. This home comes with irrigation and hurricane window fabric. Are you ready to take an evening stroll through this inviting neighborhood and enjoy the gorgeous views of the lake.. then call for your showing appointment. All measurements approx; verify if important.

Last Agent to Sell the Property

Michael Werner

Keller Williams Success Realty License #3266388 Listed on: 05/31/2023

Keller Williams Success Realty

Last Buyer's Agent

Michael Werner

Bluekey Property Management Service and Sales LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,666

Year Built

  • Built in 2014

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 215 x 110
  • Landscaped
  • Sprinkler System

HOA Fees

  • $103 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,605 Sq Ft Home
  • Family Room
  • Breakfast Room
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Deane Bozeman Elementary And Middle School
  • Deane Bozeman High School

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include management
  • Burg Association
  • Lake Merial Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,666

Year Built

Built in 2014

Lot Details

0

HOA Fees

$103 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2014
  • Property Sub Type: Detached
  • Lot Size Acres: 0.54
  • Lot Size: 215 x 110
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Lake Merial
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator
  • Interior Amenities: Kitchen Island, Pantry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 2605.0
  • Dining Room Type: Breakfast Room/Nook, Bedroom, Dining Room, Family Room, Garage, Kitchen, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Sprinkler/Irrigation, Patio
  • Foundation Details: Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 308.0
  • Community Features: Curbs, Gutter(s), Sidewalks
  • Amenities: Gated
  • Association Fee Frequency: Quarterly
  • Association Name: Burg
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Middle Or Junior School: Deane Bozeman

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 23522.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2666.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Deane Bozeman
  • High School: Deane Bozeman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Sep 1, 2023
Sold by
Wolfe Kristen and Wolfe Randall
Bought by
Vitale Diane and Vitale Dennis
Seller's Agent
Michael Werner
Keller Williams Success Realty
Buyer's Agent
Michael Werner
Bluekey Property Management Service and Sales LLC
List Price
$462,000
Sold Price
$450,000
Premium/Discount to List
-$12,000
-2.6%
Views
158
Current Estimated Value
$526,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,579
Avg. Annual Appreciation
7.55%

Purchase Details

Closed on
Dec 5, 2014
Sold by
D R Horton Inc
Bought by
Wolfe Kristen and Wolfe Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,900
Interest Rate
4.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vitale Diane $450,000 Florida Coastal Closing & Escr
Vitale Diane $450,000 Florida Coastal Closing & Escr
Wolfe Kristen $135,900 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolfe Kristen $265,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2023 09/01/23 Sold $450,000 -2.6% $173 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $462,000 -- $177 / Sq Ft
Source: Central Panhandle 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 $4,084 $294,780 -- --
2023 $4,084 $322,903 $51,000 $271,903
2022 $2,666 $265,505 $0 $0
2021 $2,657 $257,772 $0 $0
2020 $2,643 $254,213 $43,000 $211,213
2019 $2,262 $222,797 $43,000 $179,797
2018 $2,683 $254,542 $0 $0
2017 $2,668 $249,307 $0 $0
2016 $2,755 $250,372 $0 $0
2015 $3,152 $273,070 $0 $0
2014 $447 $34,005 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 742168

Central Panhandle Association of REALTORS®

APN: 07504-194-000