503 Fallin Waters Dr Mary Esther, FL 32569
4
Beds
2.5
Baths
2,933
Sq Ft
7,405
Sq Ft Lot
Highlights
- Waterfront Community
- Views of a Sound
- Deeded access to the beach
- Fort Walton Beach High School Rated A
- Boat Dock
- Fishing
About This Home
As of May 2025Beautiful 4 Bedroom, 2.5 Bath Home w/Deeded Water Access located seconds from Hurlburt Field! This entertainer's paradise boasts vaulted ceilings, a cozy fireplace, and a fenced yard. Enjoy the new LVT flooring and take advantage of multiple dining areas and 3 bonus rooms. The garage features 220V Electric Vehicle charger, whole-home vacuum system, and a storage rooms upstairs. The kitchen comes w/stainless steel appliances and a large pantry. Master is located on 1st floor along w/a bonus room/office. The community area is perfect for outdoor enjoyment, featuring a fire pit, grill, volleyball court, two docks, and a beach along the SOUND. A dock slip may be available for your boat, too! Don't miss out on the chance to live the salt life! Assumable VA loan at 3.625% for approved buyers.
Last Agent to Sell the Property
Pullum Real Estate Group License #SL3598768 Listed on: 01/31/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,539
Year Built
- Built in 1996
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 80x91
- Street terminates at a dead end
- Privacy Fence
- Interior Lot
- Sprinkler System
- Property is zoned City, Resid Single Family
HOA Fees
- $35 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
Home Design
- Spanish Architecture
- Stucco
Interior Spaces
- 2,933 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Built-in Bookshelves
- Crown Molding
- Vaulted Ceiling
- Gas Fireplace
- Living Room
- Breakfast Room
- Dining Room
- Bonus Room
- Storage Room
- Exterior Washer Dryer Hookup
- Utility Room
- Tile Flooring
- Views of a Sound
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Electric Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
- Garden Bath
Outdoor Features
- Deeded access to the beach
- Deck
- Rain Gutters
Schools
- Florosa Elementary School
- Bruner Middle School
- Fort Walton Beach High School
Utilities
- Central Heating and Cooling System
- Propane
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 14-2S-25-0536-000B-0020
Community Details
Overview
- Association fees include master, recreational faclty
- Fallin Waters Subdivision
- The community has rules related to covenants
Amenities
- Community Barbecue Grill
- Picnic Area
- Community Pavilion
Recreation
- Boat Dock
- Waterfront Community
- Fishing
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2025
Closed on
May 16, 2025
Sold by
Thomas Janis M and Thomas Justin A
Bought by
Smith Caleb Zechariah and Smith Mary Lou
Seller's Agent
David Wood
Pullum Real Estate Group
Buyer's Agent
Rebecca Hensel
ERA American Real Estate
List Price
$649,999
Sold Price
$643,000
Premium/Discount to List
-$6,999
-1.08%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$247
Original Mortgage
$639,375
Outstanding Balance
$638,243
Interest Rate
6.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 1, 2022
Sold by
Rogers Joanne C and Rogers James
Bought by
Thomas Janis M and Thomas Justin A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,375
Interest Rate
4.67%
Mortgage Type
New Conventional
Similar Homes in Mary Esther, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $643,000 | Pure Title | |
| Warranty Deed | $625,000 | Bright Light Land Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $639,375 | New Conventional | |
| Previous Owner | $639,375 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | Sold | $643,000 | -1.1% | $219 / Sq Ft |
| 03/04/2025 03/04/25 | Pending | -- | -- | -- |
| 01/31/2025 01/31/25 | For Sale | $649,999 | -- | $222 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $6,539 | $541,005 | $99,937 | $441,068 |
| 2023 | $6,539 | $534,625 | $90,851 | $443,774 |
| 2022 | $5,546 | $501,452 | $84,908 | $416,544 |
| 2021 | $4,847 | $394,850 | $75,810 | $319,040 |
| 2020 | $4,236 | $354,590 | $74,317 | $280,273 |
| 2019 | $3,833 | $322,984 | $70,778 | $252,206 |
| 2018 | $2,641 | $265,364 | $0 | $0 |
| 2017 | $2,632 | $259,906 | $0 | $0 |
| 2016 | $2,561 | $254,560 | $0 | $0 |
| 2015 | $2,625 | $252,790 | $0 | $0 |
| 2014 | $2,638 | $250,784 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Wood
D
Seller's Agent in 2025
David Wood
Pullum Real Estate Group
(301) 257-2297
8 Total Sales
-
Chester Gamble
Seller Co-Listing Agent in 2025
Chester Gamble
Pullum Real Estate Group
(850) 781-8180
12 Total Sales
-
Rebecca Hensel
Buyer's Agent in 2025
Rebecca Hensel
ERA American Real Estate
(850) 305-3956
109 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 967430
APN: 14-2S-25-0536-000B-0020
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