NOT LISTED FOR SALE

137 Lake Merial Trail Southport, FL 32409

Estimated Value: $538,629 - $608,000

4 Beds
3 Baths
2,810 Sq Ft
$202/Sq Ft Est. Value

Last Sold November 03, 2022

Last sale price $480,000 $171 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,482/month

12 Days on Market

Highlights

  • Fishing
  • Traditional Architecture
  • Home Office
  • Gated Community
  • Great Room
  • Covered Patio or Porch

About This Home

As of November 2022

This 4B/ 3full Bath home features 2,810 sq.ft of heated living area on a large 1/2 acre lot in one of our area's most desirable neighborhoods. The kitchen has custom tile backsplash, granite countertops, new stainless steel refrigerator (all appliances are stainless steel), two large pantries, a breakfast bar, plentiful cabinetry, and a spacious breakfast nook. The living room is open concept with large 18' x 21' trey ceiling w/new large ceiling fan, arched walls in the foyer and formal dining room, trey ceiling, crown molding, new flooring, a newly stoned fireplace and access to the large outdoor patio and fully fenced backyard from the living room and the master bedroom. Large open patio & paver-stoned deck covered with 3 large sunshades.

Last Agent to Sell the Property

Matt Buttner

List Now Realty,LLC Listed on: 09/23/2022

Last Buyer's Agent

Michelle Decker

ERA Neubauer Real Estate, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,880

Year Built

  • Built in 2014

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 110x205
  • Property fronts a private road
  • Fenced
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Zoning described as County,Resid Single Family

HOA Fees

  • $103 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 2,810 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Great Room
  • Dining Room
  • Home Office
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include management, fishing rights, ground maintenance
  • Burg Management Association
  • Lake Merial Phase One Subdivision

Recreation

  • Fishing

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,880

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: 0.52
  • Lot Size: 110x205
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Lake Merial Phase One
  • 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 Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar, Fireplace, Pantry, Recessed Lighting
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 2810.0
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Great Room, Kitchen, Primary Bedroom, Office, Porch
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Fenced, Privacy
  • Waterfront: No
  • Construction Type: Brick Veneer, Wood Frame
  • Exterior Features: Porch, Patio, Storm/Security Shutters
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Paved
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Trash Collection, Water Connected
  • Security Features: Gated Community, Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric, Fireplace(s)
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 308.0
  • Community Features: Fishing, Other, See Remarks, Gated, Sidewalks
  • Senior Community: No
  • Amenities: Gated
  • Association Fee Frequency: Quarterly
  • Association Name: Burg Management
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Fishing Rights, Maintenance Grounds

Schools

  • Middle Or Junior School: Deane Bozeman

Lot Info

  • Lot Features: Cleared, Landscaped, Level
  • Lot Size Sq Ft: 22550.0
  • Zoning Description: County,Resid Single Family

Rental Info

  • Furnished: Unfurnished

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2022
Closed on
Nov 3, 2022
Sold by
Thornton David W and Thornton Michelle
Bought by
Gibson April and Gibson Timothy
Seller's Agent
Matt Buttner
List Now Realty,LLC
Buyer's Agent
Michelle Decker
ERA Neubauer Real Estate, Inc
List Price
$485,000
Sold Price
$480,000
Premium/Discount to List
-$5,000
-1.03%
Current Estimated Value
$567,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,657
Avg. Annual Appreciation
5.79%
Original Mortgage
$378,000
Outstanding Balance
$366,257
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$201,400

Purchase Details

Closed on
Dec 14, 2020
Sold by
Mincer John K and Mincer Kathy S
Bought by
Thornton David W and Thornton Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,420
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Closed on
Nov 7, 2016
Sold by
Burch Robert D and Burch Emily T
Bought by
Mincer John K and Mincer Kathy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,250
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2014
Sold by
D R Horton Inc
Bought by
Burch Robert D and Burch Emily T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,310
Interest Rate
3.75%
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
Gibson April $480,000 Cornerstone Title Agency
Gibson April $480,000 Cornerstone Title Agency
Thornton David W $345,000 Sunbelt Title Agency
Mincer John K $335,000 Attorney
Burch Robert D $332,330 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson April $378,000
Closed Gibson April $378,000
Previous Owner Thornton David W $357,420
Previous Owner Mincer John K $318,250
Previous Owner Burch Robert D $326,310
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2023 01/22/23 Off Market $480,000 -- --
11/03/2022 11/03/22 Sold $480,000 -1.0% $171 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
09/23/2022 09/23/22 For Sale $485,000 -- $173 / 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 $4,880 $425,178 -- --
2023 $4,880 $386,525 $51,000 $335,525
2020 $3,114 $249,331 $43,000 $206,331
2019 -- $250,560 $43,000 $207,560
2018 -- $290,868 $0 $0
2017 -- $282,414 $0 $0
2016 -- $286,490 $0 $0
2015 -- $288,045 $0 $0
2014 -- $34,005 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Buttner

    Seller's Agent in 2022

    Matt Buttner

    List Now Realty,LLC

    (352) 385-7636

    990 Total Sales

    Matt Buttner
    Section Image

  • M

    Buyer's Agent in 2022

    Michelle Decker

    ERA Neubauer Real Estate, Inc

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 732623

Central Panhandle Association of REALTORS®

APN: 07504-224-000

Florida Bay County Southport 32409

137 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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