NOT LISTED FOR SALE

131 Magnolia Ave SE Fort Walton Beach, FL 32548

Estimated Value: $702,000 - $770,753

4 Beds
3 Baths
2,863 Sq Ft
$252/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $725,000 $253 Per Sq Ft

Current estimated payment $3,844/month

13 Days on Market

Highlights

  • Beach
  • Community Boat Launch
  • Fishing
  • Choctawhatchee Senior High School Rated A-
  • Heated In Ground Pool
  • Solar Shingle Roof

About This Home

As of June 2023

Welcome to your dream home in the sought after Elliot Point Community. This stunning POOL HOME is situated in a wonderful neighborhood, which features a public boat launch and beach access just a short walk away. Spend the day fishing or boating in the gorgeous emerald bay or soaking up the sun on the pristine white sand beach. This beautifully maintained home boasts ample living space to include 2 living rooms, 10ft ceilings & 2 stories with three bedrooms, 2 full bathrooms on the 1st floor and a 4th bedroom, full bathroom & a 2nd living room on the 2nd floor. The home features stylish finishes throughout, including coffered ceilings, plantation shutters, recessed lighting, shaker style cabinets with soft close doors and drawers, woodgrain tile flooring, granite countertops, stainless steel appliances (bonus wine cooler )& more! Don't forget your Golf Cart! This neighborhood is known for the convenient access to Uptown Station, Publix, Ft Walton Yacht Club, Dining & more! In addition to the neighborhood boat launch and beach access, this home also boasts a beautiful saltwater gunite pool in the backyard, perfect for entertaining or simply relaxing on a warm summer day. The pool area features elegant pavers, adding to the charm and sophistication of the outdoor space. Whether you're enjoying a refreshing dip in the heated pool, a relaxing hot tub morning or soaking up the sun on a lounge chair, this outdoor oasis is the perfect place to unwind and enjoy time with family and friends. Don't miss out on this amazing opportunity to own a beautiful home in one of the most highly sought-after areas of Fort Walton Beach! Just minutes from Fort Walton Beach's charming downtown shopping district. Here, you'll find a variety of shops, cafes, and restaurants to explore, as well as art galleries and other cultural hotspots.
This home also features a paid-off solar panel system, which helps to reduce your carbon footprint while saving you money on energy bills. The solar panel system is a proven investment, adding value to your home while contributing to a sustainable future. With this addition, you can feel good about doing your part for the planet while enjoying the benefits of lower energy bills. Owners electric bill averaged about $80 per month. Don't miss out on the opportunity to make this stunning home yours! With its prime location, wonderful neighborhood amenities such as walking, biking & downtown access, and this homes luxurious finishes, and advanced energy solutions it won't be on the market long.

Last Agent to Sell the Property

Heather Blatz

Keller Williams Realty FWB License #3296117 Listed on: 04/10/2023

Keller Williams Realty FWB

Last Buyer's Agent

Emily Probst

EXP Realty LLC License #3363992

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x160x50x160
  • Privacy Fence
  • Interior Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Automatic Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Dimensional Roof
  • Composition Shingle Roof
  • Vinyl Trim
  • Cement Board or Planked

Interior Spaces

  • 2,863 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Family Room
  • Living Room
  • Dining Room
  • Exterior Washer Dryer Hookup

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Shingle Roof

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Open Patio
  • Shed

Schools

  • Elliott Point Elementary School
  • Meigs Middle School
  • Choctawhatchee High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Air Source Heat Pump
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 13-2S-24-1910-0000-054A

Community Details

Overview

  • Ocean City Subdivision

Amenities

  • Picnic Area
  • Community Pavilion

Recreation

  • Community Boat Launch
  • Beach
  • Community Playground
  • Fishing

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 50x160x50x160
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: OCEAN CITY
  • Directions: From Hwy. 98, North on Eglin Parkway, Turn Right (east) onto Hollywood Blvd SW., Turn Right (South) onto Magnolia Ave, SE.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2018
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Heat Pump Air To Air: Yes
  • Energy:AC - 2 or More: Yes
  • Rooms:Family Room: Yes
  • Energy:Heat Pump AA Two: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Wine Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Tray/Cofferd, Ceiling Vaulted, Floor Tile, Floor WW Carpet, Furnished - None, Lighting Recessed, Pantry, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Appliances:Wine Refrigerator: Yes

Exterior Features

  • Lot Features: Interior, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Brick, Roof Dimensional Shg, Roof Solar Energy, Siding CmntFbrHrdBrd, Slab, Trim Vinyl
  • Exterior Features: Fenced Privacy, Hurricane Shutters, Patio Open, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Sprinkler System, Yard Building
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Hurricane Shutters: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Pool - In-Ground: Yes
  • ConstructionSiding:Brick: Yes
  • Exterior:Pool - Gunite Concrt: Yes
  • ConstructionSiding:Roof Solar Energy: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage, Oversized
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Oversized: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump A/A Two +, Heat Pump Air To Air, Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Beach, Boat Launch, Fishing, Pavillion/Gazebo, Picnic Area, Playground

Schools

  • Elementary School: Elliott Point
  • High School: Choctawhatchee
  • Middle Or Junior School: Meigs

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 13-2S-24-1910-0000-054A
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 85.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
May 30, 2023
Sold by
Lobeda Jacob M and Lobeda Kristen M
Bought by
Jackson Chad H and Jackson Hilea
Seller's Agent
Heather Blatz
Keller Williams Realty FWB
Buyer's Agent
Emily Probst
EXP Realty LLC
List Price
$725,000
Sold Price
$725,000
Views
54
Current Estimated Value
$721,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,562
Avg. Annual Appreciation
1.76%
Original Mortgage
$587,250
Outstanding Balance
$564,309
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$190,444

Purchase Details

Listed on
Jun 6, 2018
Closed on
Nov 26, 2018
Sold by
J2 Development Llc
Bought by
Lobeda Jacob M and Lobeda Kristen M
Seller's Agent
Vinnie Chulk
Coldwell Banker Realty
Buyer's Agent
Wendy Thomas
Keller Williams Realty FWB
List Price
$446,000
Sold Price
$446,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%
Original Mortgage
$296,000
Interest Rate
4.8%
Mortgage Type
VA

Purchase Details

Listed on
Jun 6, 2018
Closed on
Oct 18, 2018
Sold by
J2 Development Llc
Bought by
Crawford Michael Scott and Crawford Kelly Dawn
Seller's Agent
Vinnie Chulk
Coldwell Banker Realty
Buyer's Agent
Wendy Thomas
Keller Williams Realty FWB
List Price
$446,000
Sold Price
$446,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.8%
Mortgage Type
VA

Purchase Details

Closed on
Jul 12, 2018
Sold by
J2 Development Llc
Bought by
Floyd Jason D and Floyd Nichole N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2017
Sold by
Magnolia Medical Clinic Facilities L L C
Bought by
J2 Development Llc

Purchase Details

Closed on
Nov 16, 2000
Sold by
Russell A Barnard and Russell Buckelew B
Bought by
Magnolia Medical Clinic Facilities Llc

Purchase Details

Closed on
Aug 31, 2000
Sold by
Russell A Barnard and Russell Jo Anne
Bought by
Russell A Barnard and Russell Buckelew B
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
Jackson Chad H $725,000 Mti Title Insurance Agency
Lobeda Jacob M $446,000 Cotton Land Title Llc
Crawford Michael Scott $454,000 Attorney
Floyd Jason D -- Attorney
Floyd Jason D $475,000 Attorney
J2 Development Llc $275,000 Attorney
Magnolia Medical Clinic Facilities Llc $430,000 --
Russell A Barnard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Chad H $587,250
Previous Owner Lobeda Jacob M $301,250
Previous Owner Lobeda Jacob M $296,000
Previous Owner Crawford Michael Scott $453,100
Previous Owner Floyd Jason D $451,250
Previous Owner J2 Development Llc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2023 07/16/23 Off Market $725,000 -- --
06/01/2023 06/01/23 Sold $725,000 0.0% $253 / Sq Ft
04/23/2023 04/23/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $725,000 +62.6% $253 / Sq Ft
12/11/2019 12/11/19 Off Market $446,000 -- --
11/26/2018 11/26/18 Sold $446,000 0.0% $159 / Sq Ft
11/01/2018 11/01/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $446,000 -- $159 / Sq Ft
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 -- $610,739 $75,305 $535,434
2023 $0 $439,117 $0 $0
2022 $85 $426,327 $0 $0
2021 $5,665 $413,910 $0 $0
2020 $5,609 $408,195 $0 $0
2019 $5,112 $370,548 $0 $0
2018 $895 $55,971 $0 $0
2017 $5,522 $340,362 $0 $0
2016 $5,406 $334,886 $0 $0
2015 $5,447 $329,760 $0 $0
2014 $5,451 $326,774 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 920721

Emerald Coast Association of REALTORS®

APN: 13-2S-24-1910-0000-054A