NOT LISTED FOR SALE

119 Lake Merial Trail Southport, FL 32409

Estimated Value: $529,000 - $588,000

5 Beds
3 Baths
2,658 Sq Ft
$211/Sq Ft Est. Value

Last Sold February 06, 2024

Last sale price $550,000 $207 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,411/month

26 Days on Market

Highlights

  • Heated In Ground Pool
  • Gated Community
  • Covered Patio or Porch
  • Fishing
  • Craftsman Architecture
  • 2 Car Attached Garage

About This Home

As of February 2024

***UNDER CONTRACT, SELLER WILL CONSIDER BACK UP OFFERS***Enter into the gates of the exquisite Lake Merial community and discover a magnificent 5-bedroom, 3-bathroom home that exudes both comfort and style. Designed to perfection for hosting guests or spending quality time with loved ones, this home boasts an open floor plan and optimally placed bedrooms for ultimate convenience. The eat-in-kitchen is a cook's paradise, featuring gorgeous cabinetry, stainless steel appliances, granite countertops, and a breakfast bar that seamlessly connects to the formal dining room and living room. The primary bedroom is a true haven, complete with a seating area and a generously sized closet. The primary bathroom is equally impressive, with yet another ample closet, a garden tub, separate vanities, and a standalone shower. Two guest bedrooms each showcase a custom accent wall are adjoined by a double vanity bathroom. With a wealth of indoor and outdoor living areas, including a specially designed heated saltwater pool, you will have everything you need to unwind and recharge all year long. The covered back patio offers custom pavers, which suround the luxury pool. Do not miss this opportunity to make this one of a kind Lake Merial property your very own! Call a REALTOR today to schedule a private home tour. If important, please verify all information and measurements.

Last Agent to Sell the Property

Timothy Shand

Empire Real Estate of Florida LLC License #BK3457878 Listed on: 11/17/2023

Co-Listed By

Savannah Shand

Empire Real Estate of Florida LLC License #BK3461239

Last Buyer's Agent

Stephanie Aldea

Beachy Beach Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,553

Year Built

  • Built in 2020

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 205x110
  • Fenced
  • Landscaped

HOA Fees

  • $103 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • 2,658 Sq Ft Home
  • Craftsman Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • HardiePlank Type

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

Overview

  • Association fees include management
  • Lake Merial Subdivision

Recreation

  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,553

Year Built

Built in 2020

Lot Details

0

HOA Fees

$103 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Property Sub Type: Detached
  • Lot Size Acres: 0.51
  • Lot Size: 205x110
  • Co List Office Mls Id: EREF
  • Co List Office Phone: (850) 247-8868
  • Subdivision Name: Lake Merial
  • Architectural Style: Craftsman
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 2658.0
  • Dining Room Type: Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Fenced, Gas Heat, In Ground, Other, Salt Water, Pool
  • Fencing: Fenced, Privacy
  • Waterfront: No
  • Construction Type: Brick, HardiPlank Type
  • Exterior Features: Patio
  • Patio And Porch Features: Covered, Porch
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Security Features: Gated Community
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 310.0
  • Community Features: Fishing, Gated, Sidewalks
  • Amenities: Gated
  • Association Fee Frequency: Quarterly
  • 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: 22216.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 3553.0
  • 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
Nov 17, 2023
Closed on
Feb 6, 2024
Sold by
Stavos Robert Michael and Stavos Dustyn Marie
Bought by
Hancock Phelon J and Hancock Pamela D
Seller's Agent
Timothy Shand
Empire Real Estate of Florida LLC
Buyer's Agent
Stephanie Aldea
Beachy Beach Real Estate
List Price
$559,000
Sold Price
$550,000
Premium/Discount to List
-$9,000
-1.61%
Views
19
Current Estimated Value
$561,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,088
Avg. Annual Appreciation
1.17%

Purchase Details

Listed on
Feb 16, 2020
Closed on
Aug 31, 2020
Sold by
Adams Homes Of Northwest Florida Inc
Bought by
Stavos Robert Michael and Stavos Dustyn Marie
Seller's Agent
Angela Peoples
Adams Homes Realty, Inc.
Buyer's Agent
Jennifer Bowman
Prudential Shimmering Sands
List Price
$336,368
Sold Price
$334,368
Premium/Discount to List
-$2,000
-0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.57%
Original Mortgage
$328,301
Interest Rate
2.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Hancock Phelon J $550,000 South Oak Title
Stavos Robert Michael $334,400 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stavos Robert Michael $328,301
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2024 02/06/24 Sold $550,000 -1.6% $207 / Sq Ft
11/16/2023 11/16/23 For Sale $559,000 +67.2% $210 / Sq Ft
06/20/2022 06/20/22 Off Market $334,368 -- --
08/31/2020 08/31/20 Sold $334,368 -0.6% $125 / Sq Ft View Prior Sale
07/17/2020 07/17/20 Pending -- -- --
02/16/2020 02/16/20 For Sale $336,368 -- $125 / 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 $4,288 $373,150 -- --
2023 $4,288 $339,227 $51,000 $288,227
2022 $3,553 $304,262 $49,100 $255,162
2021 $3,462 $287,776 $43,000 $244,776
2020 $517 $43,000 $43,000 $0
2019 $511 $43,000 $43,000 $0
2018 $505 $38,390 $0 $0
2017 $432 $34,900 $0 $0
2016 $445 $34,900 $0 $0
2015 $480 $36,455 $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: 749351

Central Panhandle Association of REALTORS®

APN: 07504-233-000