NOT LISTED FOR SALE

501 Chinas Cove Unit E Fort Walton Beach, FL 32547

Wright Neighborhood

Estimated Value: $124,000 - $128,593

1 Bed
1 Bath
518 Sq Ft
$244/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $46,000 $89 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $787/month

19 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Interior Lot
  • Living Room
  • Choctawhatchee Senior High School Rated A-
  • Woodwork
  • Painted or Stained Flooring

About This Home

As of October 2018

Built in the mid 80's this quaint 1 bed 1 bath 518 square foot HUD REO townhome is just the right size and price for someone wanting to break into home ownership without breaking the bank. Located literally mins from Eglin and a short drive to beaches the single story townhome is one to consider; especially in todays market where homes like this simply don't last. Home is FHA financeable (IE) with $1600 escrows. Call today for your showing!

Last Agent to Sell the Property

Cosmo Spellings

Assurance Realty of NWFL LLC License #3113695 Listed on: 08/10/2018

Last Buyer's Agent

Heidi Best Swift

Coldwell Banker United Realtors-Navarre

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,377

Year Built

  • Built in 1986

Lot Details

  • Back Yard Fenced
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Dimensional Roof
  • Composition Shingle Roof
  • Wood Siding
  • Wood Trim

Interior Spaces

  • 518 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Living Room
  • Electric Oven or Range

Flooring

  • Painted or Stained Flooring
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Schools

  • Kenwood Elementary School
  • Pryor Middle School
  • Choctawhatchee High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Pine Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-1S-24-2065-000B-0050

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,377

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: PINE MEADOWS
  • Directions: Beal to Green Acres Rd. Turn right onto Green Acres Blvd. Continue to China's Cove on left and turn left. Unit is on the right.
  • Architectural Style: Townhome
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1986
  • Utilities Electric: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Stove/Oven Electric
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Floor Laminate, Floor Tile, Woodwork Painted
  • Appliances:StoveOven Electric: Yes

Exterior Features

  • Lot Features: Interior, Level
  • Construction Type: Brick, Roof Dimensional Shg, Wood Siding, Slab, Trim Wood
  • Exterior Features: Fenced Back Yard, Fenced Privacy
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • ConstructionSiding:Brick: Yes
  • ConstructionSiding:Trim Wood: Yes
  • ConstructionSiding:Siding Wood: Yes

Utilities

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

Schools

  • Elementary School: Kenwood
  • High School: Choctawhatchee
  • Middle Or Junior School: Pryor

Lot Info

  • Parcel #: 33-1S-24-2065-000B-0050
  • Zoning: Resid Multi-Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2025
Sold by
Douglas Joshua H and J And S Family Trust
Bought by
Poole Deborah
Total Days on Market
19
Current Estimated Value
$126,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,320
Outstanding Balance
$102,235
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$24,413

Purchase Details

Closed on
Aug 31, 2022
Sold by
Douglas Joshua H and Douglas Sheryl J
Bought by
J And S Family Trust

Purchase Details

Closed on
Mar 24, 2020
Sold by
Douglas Kelsey
Bought by
Douglas Joshua H and Douglas Sheryl J

Purchase Details

Listed on
Aug 10, 2018
Closed on
Sep 25, 2018
Sold by
Secretary Of Housing & Urban Development
Bought by
Douglas Kelsey
Seller's Agent
Cosmo Spellings
Assurance Realty of NWFL LLC
Buyer's Agent
Heidi Best Swift
Coldwell Banker United Realtors-Navarre
List Price
$46,000
Sold Price
$46,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.32%

Purchase Details

Closed on
Oct 4, 2017
Sold by
Branch Banking And Trust Company
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Sep 26, 2017
Sold by
Austin Anna M
Bought by
Branch Banking And Trust Co

Purchase Details

Closed on
Jun 15, 2009
Sold by
Benson Rose Mary
Bought by
Austin Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,822
Interest Rate
4.77%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 19, 2003
Sold by
Benson Dana A and Benson Rose Mary
Bought by
Benson Dana A and Benson Rose Mary
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 Buyer Sale Price Title Company
Poole Deborah $127,900 Old South Land Title
J And S Family Trust $100 Pitell Law Firm Pl
Douglas Joshua H -- None Available
Douglas Kelsey $46,000 Old South Land Title
Secretary Of Housing And Urban Developme -- Attorney
Branch Banking And Trust Co -- Attorney
Austin Anna M $65,000 Stewart Acquire Land Title L
Benson Dana A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poole Deborah $102,320
Previous Owner Austin Anna M $63,822
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $46,000 0.0% $89 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $46,000 -- $89 / 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 $1,377 $112,821 $60,000 $52,821
2023 $1,377 $111,187 $60,000 $51,187
2022 $890 $73,275 $30,000 $43,275
2021 $814 $63,364 $30,000 $33,364
2020 $753 $60,162 $30,000 $30,162
2019 $673 $51,295 $25,000 $26,295
2018 $531 $40,002 $0 $0
2017 $506 $37,977 $0 $0
2016 $469 $35,399 $0 $0
2015 $466 $34,655 $0 $0
2014 $459 $34,123 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cosmo Spellings

    Seller's Agent in 2018

    Cosmo Spellings

    Assurance Realty of NWFL LLC

    (850) 699-1856

    17 in this area

    249 Total Sales

    Cosmo Spellings
    Section Image

  • H

    Buyer's Agent in 2018

    Heidi Best Swift

    Coldwell Banker United Realtors-Navarre

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 805032

Emerald Coast Association of REALTORS®

APN: 33-1S-24-2065-000B-0050

Florida Okaloosa County Fort Walton Beach 32547 Wright

501 Chinas Cove Unit E, Fort Walton Beach, FL

This home is located at 501 Chinas Cove Unit E, Fort Walton Beach, FL 32547 since 10 August 2018 and is currently estimated at $126,648, approximately $244 per square foot. This property was built in 1986. 501 Chinas Cove Unit E is a home located in Okaloosa County with nearby schools including Kenwood Elementary School, W.C. Pryor Middle School, and Choctawhatchee Senior High School.

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.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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