$500,000
SOLD MAY 16, 2025

1554 King Lake Rd Defuniak Springs, FL 32433

4 Beds
2 Baths
3,141 Sq Ft
10 Acres

Recently Sold

$159 Per Sq Ft

9% Below List Price

14 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • Covered patio or porch
  • 10 Acre Lot
  • Window or Skylight in Bathroom
  • Double Oven

About This Home

As of May 2025

This property is a rare find with endless opportunities! The expansive home offers over 3,000 sq. ft. of living space, featuring 4 bedrooms and 2 bathrooms. The updated custom kitchen boasts ample cabinetry and a built-in breakfast table. The refrigerator and dishwasher were updated in 2024. The grand master suite includes separate vanities, a soaker tub, a separate shower, and dual walk-in closets. Enjoy cozy evenings by the wood-burning fireplace in the living room. Additional features include two heated and cooled rooms off the garage ideal for an office or extra storage. A large back deck, partially covered, provides a perfect outdoor retreat. The home sits on 10 acres of partially fenced land, complete with two pole barns, a large enclosed barn with multiple rooms, and two sheds. Practical updates include a metal roof (2017) and new garage door openers (2025). The property also has two wells and two septic tanks. There are three HVAC units, all recently updated or replaced. The seller will also consider a flooring allowance with an acceptable offer. There are also an additional 41 acres available.

Last Agent to Sell the Property

Kialea Madden

Southern Choice Properties Llc License #3322793 Listed on: 03/20/2025

Last Buyer's Agent

Johnnie Kay Ealum

Merrifield & Pilcher Realty License #3346500

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $688

Year Built

  • Built in 1980

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 1325x336x1326x328
  • Property fronts a county road
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,141 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath
  • Window or Skylight in Bathroom

Outdoor Features

  • Covered patio or porch
  • Shed

Schools

  • West Defuniak Elementary School
  • Walton Middle School
  • Walton High School

Farming

  • Barn

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Flooring Allowance
  • Assessor Parcel Number 12-3N-20-28000-004-0010

Home Details

Home Type

Single Family

Est. Annual Taxes

$688

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 10.0
  • Lot Size: 1325x336x1326x328
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: METES & BOUNDS
  • Directions: From Highway 90, turn onto Kings Lake Road. Property is on the right. Look for sign.
  • Architectural Style: Ranch
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1980
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Utilities:Septic Tank: Yes
  • Rooms:Dining Room: Yes
  • Utilities:Private Well: Yes
  • Appliances Microwave: Yes
  • Energy:AC - 2 or More: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Oven Double, Refrigerator W/IceMk, Smooth Stovetop Rnge, Water Heater - Elect
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Floor Hardwood, Floor WW Carpet
  • Interior Amenities: Breakfast Bar, Fireplace, Floor Allowance
  • Window Features: Skylight(s), Window Treatmnt Some
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Floor WW Carpet: Yes
  • Appliances:Oven Double: Yes
  • Interior:Fireplace: Yes
  • Interior:Skylight(s): Yes
  • Interior:Floor Allowance: Yes
  • Mstr BdrmMstr Bath:MBath Skylight: Yes

Exterior Features

  • Lot Features: Level
  • Construction Type: Siding Wood
  • Exterior Features: Yard Building
  • Other Structures: Barn
  • Patio And Porch Features: Patio Covered
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Patio Covered: Yes
  • ConstructionSiding:Siding Wood: Yes
  • Exterior:Barn: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Elementary School: West Defuniak
  • High School: Walton
  • Middle Or Junior School: Walton

Lot Info

  • Lot Size Sq Ft: 435600.0
  • Parcel #: 12-3N-20-28000-004-0010
  • Zoning: Resid Single Family

Tax Info

  • Tax Annual Amount: 688.1
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2025
Closed on
May 16, 2025
Sold by
Duke Susanna M and David Ray Johnson Revocable Trust
Bought by
Leavins Brianna M and Harrison Joshua W
Seller's Agent
Kialea Madden
Southern Choice Properties Llc
Buyer's Agent
Johnnie Kay Ealum
Merrifield & Pilcher Realty
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.51%
Original Mortgage
$433,000
Outstanding Balance
$433,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$81,791

Purchase Details

Closed on
May 8, 2023
Sold by
Duke Susanna M
Bought by
Longstreth Nicholas Wayne

Purchase Details

Closed on
Aug 19, 2019
Sold by
Johnson David R
Bought by
Johnson David Ray and David Ray Johnson Revocable Trust

Purchase Details

Closed on
Dec 15, 2011
Sold by
Johnson Nancy M
Bought by
Johnson David R
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 None Listed On Document
Warranty Deed $343,000 Emerald Coast Title
Gift Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $433,000 New Conventional
Previous Owner $35,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $500,000 -9.1% $159 / Sq Ft
04/03/2025 04/03/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $550,000 -- $175 / 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 $660 $110,581 -- --
2023 $660 $107,536 $0 $0
2022 $656 $105,244 $0 $0
2021 $657 $101,709 $0 $0
2020 $667 $146,511 $10,036 $136,475
2019 $644 $98,341 $0 $0
2018 $631 $96,621 $0 $0
2017 $617 $94,759 $0 $0
2016 $590 $91,199 $0 $0
2015 $595 $90,595 $0 $0
2014 $595 $89,669 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 971634

Emerald Coast Association of REALTORS®

APN: 12-3N-20-28000-004-0010