NOT LISTED FOR SALE

503 E Timberlake Dr Mary Esther, FL 32569

Estimated Value: $323,000 - $375,000

3 Beds
2 Baths
1,541 Sq Ft
$224/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $350,000 $227 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,143/month

3 Days on Market

Highlights

  • Craftsman Architecture
  • Cathedral Ceiling
  • Home Office
  • Florosa Elementary School Rated 9+
  • No HOA
  • Breakfast Area or Nook

About This Home

As of December 2023

Welcome home to this attractive brick home in a sidewalk-lined community, just a short 7-minute drive to Hurlburt Field. This charming home is bathed in natural light and offers a lot of features that set it apart from other homes. It features a spacious living room with high cathedral ceilings, a versatile flex room, and a well-lit, exceptionally spacious kitchen with abundant counter and cupboard space, including a kitchen island, a breakfast nook, and a pantry. The backyard is a private oasis with a covered patio and a Florida room for year-round comfort. Both the spacious primary bedroom and the en-suite bathroom have walk-in closets. Plus, the house comes with useful extras like pull-down stairs in the garage and hallway. The property also has some recent updates, including a new roof and gutters in 2021, a 2021 A/C unit with a 10-year warranty, hurricane windows (excluding Florida Rm), a new sprinkler pump, a 2019 water heater, and upgraded PEX water pipes. The flooring is mainly Luxury Vinyl Plank (LVP) with some traditional tile. Location-wise, this home is well-placed, just 15 minutes from beautiful Navarre Beach and Okaloosa Island, and a 6-minute drive to Fort Walton Beach with plenty of shopping and dining options. For weekend adventures, you're only 25 minutes away from the vibrant city of Destin. Don't miss out on making this your new home—it has a lot of features other homes don't have!

Last Agent to Sell the Property

Cherie Rice

Coldwell Banker Realty Listed on: 10/21/2023

Coldwell Banker Realty

Last Buyer's Agent

Casey Owens

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions: 58.5
  • Back Yard Fenced

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • A-Frame Home
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,541 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Home Office
  • Inside Utility
  • Washer and Dryer Hookup
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Rain Gutters

Schools

  • Local School In County Elementary School
  • Bruner Middle School
  • Local School In County High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Timberlake Est 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 152S255031000B0020

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Stories: 1
  • Parcel Number: 152S255031000B0020
  • Property Type: Residential
  • Year Built: 1990
  • Electric: Copper Wiring
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.29
  • Lot Size: 58.50 X 80.17 X 53.35 X 80
  • Road Surface Type: Paved
  • Subdivision Name: Timberlake Est 1st Addn
  • Directions: HWY 98 WEST OF HURLBURT FIELD, TURN NORTH ON FRANCIS DRIVE THEN LEFT ON TIMBERLAKE DRIVE.
  • Architectural Style: A-Frame, Craftsman
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Built In Microwave, Dishwasher, Disposal, Refrigerator, Self Cleaning Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Office/Study
  • Living Area: 1541
  • Window Features: Storm Window(s), Blinds
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Breakfast Room/Nook
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 15.5
  • Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)
  • Room Office Level: First
  • Room Kitchen Features: Not Updated, Kitchen Island, Pantry
  • Room Master Bedroom Area: 294.5
  • Master Bathroom Features: Shower Only, Walk-In Closet(s)

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard
  • Lot Features: Central Access
  • Pool Features: None
  • Construction Type: Brick, Frame
  • Exterior Features: Lawn Pump, Sprinkler, Rain Gutters
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Car Garage, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Heating: Natural Gas, Fireplace(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Laundry Features: Inside, W/D Hookups
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Local School In County
  • High School: Local School In County
  • Middle Or Junior School: Bruner

Lot Info

  • Lot Size Sq Ft: 12632.4
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2023
Closed on
Dec 18, 2023
Sold by
Lamb Stephen A and Lamb Cassandra Mariah
Bought by
Garavito Grace Carolina
Seller's Agent
Cherie Rice
Coldwell Banker Realty
Buyer's Agent
Casey Owens
Coldwell Banker Realty
List Price
$355,000
Sold Price
$350,000
Premium/Discount to List
-$5,000
-1.41%
Views
12
Current Estimated Value
$356,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,744
Avg. Annual Appreciation
-0.61%
Original Mortgage
$253,125
Outstanding Balance
$244,028
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$101,665

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 13, 2021
Sold by
Jackson Gordon Scott and Jackson William Gerard
Bought by
Lamb Stephen Anthony and Orona Cassandra Mariah
Seller's Agent
James Ruckel
Berkshire Hathaway HomeServices
Buyer's Agent
Jamie Ruckel
Ruckel Properties Inc
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$289,987
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garavito Grace Carolina $350,000 Pure Title
Lamb Stephen Anthony $285,000 Panhandle Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garavito Grace Carolina $253,125
Previous Owner Lamb Stephen Anthony $289,987
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2023 12/18/23 Sold $350,000 -1.4% $227 / Sq Ft
10/21/2023 10/21/23 For Sale $355,000 +24.6% $230 / Sq Ft
04/14/2021 04/14/21 Sold $285,000 0.0% $185 / Sq Ft View Prior Sale
02/25/2021 02/25/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $285,000 -- $185 / Sq Ft
Source: Pensacola 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
2025 $3,351 $320,603 $83,556 $237,047
2024 $3,811 $315,718 $61,619 $254,099
2023 $3,811 $311,637 $56,017 $255,620
2022 $3,504 $292,357 $52,353 $240,004
2021 $2,795 $226,247 $46,743 $179,504
2020 $1,233 $141,051 $0 $0
2019 $1,192 $137,880 $0 $0
2018 $1,136 $135,309 $0 $0
2017 $1,135 $132,526 $0 $0
2016 $1,104 $129,800 $0 $0
2015 $1,132 $128,898 $0 $0
2014 $1,137 $127,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cherie Rice

    Seller's Agent in 2023

    Cherie Rice

    Coldwell Banker Realty

    (850) 313-6047

    6 in this area

    62 Total Sales

    Cherie Rice
    Section Image
  • Casey Owens

    Buyer's Agent in 2023

    Casey Owens

    Coldwell Banker Realty

    (850) 398-1108

    3 in this area

    76 Total Sales

    Casey Owens
    Section Image

  • J

    Seller's Agent in 2021

    James Ruckel

    Berkshire Hathaway HomeServices

    (850) 240-7705

    1 in this area

    32 Total Sales

    James Ruckel
    Section Image

  • J

    Buyer's Agent in 2021

    Jamie Ruckel

    Ruckel Properties Inc

  • e

    Buyer's Agent in 2021

    ecn.rets.e7072

    ecn.rets.RETS_OFFICE

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 635276

Pensacola Association of REALTORS®

APN: 15-2S-25-5031-000B-0020

Florida Okaloosa County Mary Esther 32569

503 E Timberlake Dr, Mary Esther, FL

Not Listed for Sale

Detached

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