NOT LISTED FOR SALE

305 Twin Lakes Dr Defuniak Springs, FL 32433

Estimated Value: $185,507

3 Beds
1.5 Baths
1,150 Sq Ft
$161/Sq Ft Est. Value

Last Sold October 13, 2014

Last sale price $25,000 $22 Per Sq Ft

Est. 642% increase in value since last sale

Current estimated payment $994/month

17 Days on Market

Highlights

  • Interior Lot
  • Central Air
  • Dining Area
  • Living Room
  • Under Construction
  • 1-Story Property

About This Home

As of October 2014

Fix and SAVE! This block home with synthetic stucco exterior is a great buy in the Twin Lake Drive area. Home features large living and dining room, three bedrooms and 1.5 bathrooms. Home had an attic fire due to electrical issue in 2011 and has been vacant since then. Home will require repair to obtain occupancy and power service again, but well worth the money. Damages were concentrated above the kitchen (in attic). Seller has never occupied the dwelling and due to current condition, home is being sold as-is with right to inspect. Due to current condition, financing will be very difficult to obtain. Seller will require pre-approval with detailed information stating the loan will be a rehab loan, or seller may reject offer. Cash preferred, possibility of short owner finance with 50% down.

Last Agent to Sell the Property

Stephen Mathews

1st Choice Realty License #655331 Listed on: 09/17/2014

Last Buyer's Agent

Bruce Naylor

Abbott & Andrews Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $120

Year Built

  • Built in 1964 | Under Construction

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 75x100
  • Interior Lot
  • Level Lot
  • Property is zoned City, Resid Single Family

Home Design

  • Concrete Siding
  • Vinyl Trim
  • Stucco

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Central Air

Community Details

  • Aero Homes S/D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21-3N-19-19010-002-0290

Home Details

Home Type

Single Family

Est. Annual Taxes

$120

Year Built

Built in 1964 | Under Construction

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Lot Size: 75x100
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: AERO HOMES S/D
  • Directions: 90 west to Twin Lake Drive(Piggly Wiggly), North on Twin Lake, house will be on left, just after Englebrecht
  • Architectural Style: Ranch
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1964
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Area: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Master Bedroom:First: Yes

Exterior Features

  • Lot Features: Interior, Level
  • Construction Type: Concrete, Block, Slab, Stucco, Trim Vinyl
  • Property Condition: Under Construction
  • Lot Features:Level: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • Construction Status:Under Construction: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Community Sewer

Schools

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

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: 21-3N-19-19010-002-0290
  • Zoning: City, Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 119.74
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2014
Closed on
Oct 13, 2014
Sold by
Wilkerson Kenneth L
Bought by
Moore Richard A
Seller's Agent
Stephen Mathews
1st Choice Realty
Buyer's Agent
Bruce Naylor
Abbott & Andrews Realty Inc
List Price
$25,000
Sold Price
$25,000
Current Estimated Value
$185,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,507
Avg. Annual Appreciation
19.89%

Purchase Details

Closed on
Sep 30, 2005
Sold by
Newby Terry Lynn and Newby Terri Lynn
Bought by
Wilkerson Kenneth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 20, 2001
Sold by
Wilkerson Kenneth
Bought by
Newby Terry Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,800
Interest Rate
6.97%

Purchase Details

Closed on
Aug 14, 2000
Sold by
Jettie Mccall
Bought by
Wilkerson Kenneth
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 Buyer Sale Price Title Company
Moore Richard A $25,000 Americas Title Corp
Wilkerson Kenneth L $150,000 Landmark Title & Escrow Inc
Newby Terry Lynn $79,500 Associated Land Title Group
Wilkerson Kenneth $34,000 Associated Land Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilkerson Kenneth L $105,000
Previous Owner Newby Terry Lynn $79,800
Closed Newby Terry Lynn $2,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2019 06/23/19 Off Market $25,000 -- --
10/13/2014 10/13/14 Sold $25,000 0.0% $22 / Sq Ft
10/04/2014 10/04/14 Pending -- -- --
09/17/2014 09/17/14 For Sale $25,000 -- $22 / 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 $214 $23,750 $22,800 $950
2023 $214 $11,793 $0 $0
2022 $153 $12,388 $11,438 $950
2021 $139 $10,387 $9,437 $950
2020 $122 $8,860 $7,910 $950
2019 $115 $8,705 $7,755 $950
2018 $115 $8,705 $0 $0
2017 $116 $8,705 $7,755 $950
2016 $116 $8,705 $0 $0
2015 $118 $8,705 $0 $0
2014 $119 $8,705 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 714288

Emerald Coast Association of REALTORS®

APN: 21-3N-19-19010-002-0290