NOT LISTED FOR SALE

125 Lake Merial Trail Southport, FL 32409

Estimated Value: $541,011 - $590,000

4 Beds
2.5 Baths
3,044 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $364,752 $120 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,362/month

174 Days on Market

Highlights

  • Gated Community
  • Traditional Architecture
  • Attached Garage
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Coffered Ceiling

About This Home

As of October 2020

This 4/2.5 home is an entertainers dream!!! From the soaring ceilings to the window along the back your entrance is grand to say the least! Your kitchen is one side of the home!! YES!! THIS FLOOR PLAN does not skimp on wide open living spaces and loads of storage! Don't miss this opportunity! Price is reflective of upgrades such as granite, LVP in formal and wet areas, a long covered outdoor patio will be the final touch on this fabulous home! Due to start construction March 2020

Last Agent to Sell the Property

Angela Peoples

Adams Homes Realty, Inc. Listed on: 08/24/2020

Adams Homes Realty, Inc.

Last Buyer's Agent

Danielle Ross

Varnes Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $511

Year Built

  • Built in 2020

Lot Details

  • Lot Dimensions are 205x110
  • Sprinkler System

Home Design

  • Traditional Architecture
  • HardiePlank Type

Interior Spaces

  • Coffered Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Attached Garage
  • Garage Door Opener

Schools

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

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Property has a Home Owners Association
  • Lake Merial Phase One Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$511

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Property Sub Type: Single Family Residence
  • Lot Size: 205x110
  • Road Frontage Type: City Street
  • Subdivision Name: Lake Merial Phase One
  • Architectural Style: Traditional
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Interior Amenities: Coffered Ceiling(s), High Ceilings, Kitchen Island, Pantry, Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Luxury Vinyl Plank
  • Dining Room Type: Bedroom, Primary Bedroom

Exterior Features

  • Home Warranty: Yes
  • Construction Type: HardiPlank Type
  • Exterior Features: Sprinkler/Irrigation
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Parking Features: Attached, Garage, Garage Door Opener
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Electricity Available
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Amenities: Gated
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Middle Or Junior School: Deane Bozeman

Lot Info

  • Lot Features: Sprinkler System
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 511.0
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Oct 14, 2020
Sold by
Adams Homes Of Northwest Florida Inc
Bought by
Monroe Howard Dean and Monroe Garcia Marisol
Seller's Agent
Angela Peoples
Adams Homes Realty, Inc.
Buyer's Agent
Danielle Ross
Varnes Realty
List Price
$354,892
Sold Price
$364,752
Premium/Discount to List
$9,860
2.78%
Current Estimated Value
$570,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,251
Avg. Annual Appreciation
9.26%
Original Mortgage
$364,752
Outstanding Balance
$324,427
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$245,576
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
Monroe Howard Dean $364,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monroe Howard Dean $364,752
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2022 10/19/22 Off Market $364,752 -- --
10/14/2020 10/14/20 Sold $364,752 +2.8% $120 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $354,892 -- $117 / 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 $4,361 $379,545 -- --
2023 $4,361 $345,041 $51,000 $294,041
2022 $3,723 $318,971 $49,100 $269,871
2021 $3,630 $301,880 $43,000 $258,880
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

  • Angela Peoples

    Seller's Agent in 2020

    Angela Peoples

    Adams Homes Realty, Inc.

    (918) 813-0216

    144 Total Sales

    Angela Peoples
    Section Image

  • D

    Buyer's Agent in 2020

    Danielle Ross

    Varnes Realty

  • Danielle Britton

    Buyer's Agent in 2020

    Danielle Britton

    World Impact Real Estate

    (850) 596-4944

    112 Total Sales

    Danielle Britton
    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 694264

Central Panhandle Association of REALTORS®

APN: 07504-230-000

Florida Bay County Southport 32409

125 Lake Merial Trail, Southport, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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