$142,500
SOLD MAY 22, 2025

225 Wright Pkwy NW Unit 7 Fort Walton Beach, FL 32548

1 Bed
1 Bath
800 Sq Ft
$421/mo HOA Fee

Recently Sold

$178 Per Sq Ft

10% Below List Price

172 Days on Market

Highlights

  • In Ground Pool
  • Newly Painted Property
  • Screened Porch
  • Fort Walton Beach High School Rated A
  • Main Floor Primary Bedroom
  • Balcony

About This Home

As of May 2025

Gorgeous, COMPLETELY UPDATED one bedroom and one bath condo with 800 sq ft in Fort Walton Beach! This condo rents for $1800/month and makes a great investment for cash buyers or could also be great for a first-time homeowner! Spanish Villa condo is close to the Gulf of Mexico and the white sandy beaches, shopping, restaurants, and great schools! The condo has been UPDATED to include: cabinets, granite countertops, LVP flooring, tiled shower and flooring, light fixtures, bath faucets and fixtures, coper wiring, HVAC, appliances, and double sliding doors leading to the balcony. The condo overlooks the pool and the tennis courts! The condo association is very well managed with the exterior of the buildings and roof being maintained! Buyers to verify all dimensions and information.

Last Agent to Sell the Property

Wendy Thomas

Keller Williams Realty FWB License #3238307 Listed on: 11/19/2024

Keller Williams Realty FWB

Last Buyer's Agent

Clayton Bonjean

Mainsail Realty & Development

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,157

Year Built

  • Built in 1974

HOA Fees

  • $421 Monthly HOA Fees

Home Design

  • Newly Painted Property
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Recessed Lighting
  • Living Room
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 1 Full Bathroom
  • Cultured Marble Bathroom Countertops

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Wright Elementary School
  • Bruner Middle School
  • Fort Walton Beach High School

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-2S-24-187A-0225-0070

Community Details

Overview

  • Association fees include ground keeping, insurance, management, recreational faclty, sewer, water, trash
  • 8 Buildings
  • 8 Units
  • Spanish Villas Condo Subdivision

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,157

Year Built

Built in 1974

Lot Details

0

HOA Fees

$421 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: SPANISH VILLAS CONDO
  • Directions: Take Beal Pkwy to Mary Esther Cutoff turn south, make first left at light, Wright Pkwy, condo on left side. Bldg on Wright pkwy 2nd floor far right.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1974
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished - None
  • Number Of Buildings: 8
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Floor Tile, Floor Vinyl
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Lighting Recessed, Newly Painted, Washer/Dryer Hookup
  • Stories: 2
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Pool Features: Pool - In-Ground, Pool Type
  • Construction Type: Stucco
  • Exterior Features: Balcony, Tennis Court
  • Patio And Porch Features: Porch Open, Porch Screened
  • Property Condition: Renovated, Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Porch Open: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:Tennis Court: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Dumpster, Picnic Area, Pool, Tennis, TV Cable
  • Association #2 Fee: 421.25
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Insurance, Management, Recreational Faclty, Sewer, Water, Trash

Schools

  • Elementary School: Wright
  • High School: Fort Walton Beach
  • Middle Or Junior School: Bruner

Lot Info

  • Parcel #: 15-2S-24-187A-0225-0070
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2024
Closed on
May 22, 2025
Sold by
Stemetzki Tenye
Bought by
Johns Kathleen G
Seller's Agent
Wendy Thomas
Keller Williams Realty FWB
Buyer's Agent
Clayton Bonjean
Mainsail Realty & Development
List Price
$159,000
Sold Price
$142,500
Premium/Discount to List
-$16,500
-10.38%
Views
86
Current Estimated Value
$128,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,634
Avg. Annual Appreciation
-26.27%

Purchase Details

Listed on
Mar 25, 2022
Closed on
Apr 5, 2022
Sold by
Tenye Stemetzki
Bought by
Stemetzki Tenye
Seller's Agent
Angela Huffine
Real Broker LLC
Buyer's Agent
Wendy Thomas
Keller Williams Realty FWB
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.74%

Purchase Details

Listed on
Oct 16, 2019
Closed on
Nov 15, 2019
Sold by
Fannie Mae
Bought by
Galeeva Alina N
Seller's Agent
Christine Cleek
Rising Star Real Estate Inc
Buyer's Agent
Yunhui Roehrig
ERA American Real Estate
List Price
$41,000
Sold Price
$41,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.64%

Purchase Details

Closed on
Sep 10, 2019
Sold by
Florida Trust Management Services Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 28, 2005
Sold by
Brown Lanny M
Bought by
Sisk Carolyn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2003
Sold by
Wesley Jimmy W and Wesley Vickie A
Bought by
Brown Lanny M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 6, 2002
Sold by
Turner Wesley E
Bought by
Wesley Jimmy W and Wesley Vickie A
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $142,500 Burke Law & Title
Warranty Deed $135,000 Anchors Smiti Grimsley Plc
Warranty Deed $135,000 None Listed On Document
Special Warranty Deed $41,000 Reo Title Company Of Fl Llc
Trustee Deed -- None Available
Warranty Deed $120,000 Southern Escrow & Title Llc
Warranty Deed $42,500 Associated Land Title Group
Warranty Deed $36,500 Associated Land Title Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $88,200 New Conventional
Previous Owner $96,000 New Conventional
Previous Owner $18,000 Credit Line Revolving
Previous Owner $20,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Sold $142,500 -10.4% $178 / Sq Ft
05/10/2025 05/10/25 Pending -- -- --
11/19/2024 11/19/24 For Sale $159,000 +17.8% $199 / Sq Ft
07/06/2022 07/06/22 Off Market $135,000 -- --
04/05/2022 04/05/22 Sold $135,000 0.0% $169 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $135,000 +229.3% $169 / Sq Ft
11/15/2019 11/15/19 Sold $41,000 0.0% $51 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/16/2019 10/16/19 For Sale $41,000 0.0% $51 / Sq Ft
10/03/2016 10/03/16 Rented $695 0.0% --
10/03/2016 10/03/16 Under Contract -- -- --
08/02/2016 08/02/16 For Rent $695 -- --
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 $1,157 $75,000 -- $75,000
2023 $1,157 $83,000 $0 $83,000
2022 $804 $53,000 $0 $53,000
2021 $743 $43,500 $0 $43,500
2020 $689 $40,000 $0 $40,000
2019 $436 $40,000 $0 $40,000
2018 $288 $18,000 $0 $0
2017 $17 $1,050 $0 $0
2016 $339 $21,000 $0 $0
2015 $512 $31,000 $0 $0
2014 $500 $30,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 963347

Emerald Coast Association of REALTORS®

APN: 15-2S-24-187A-0225-0070