$432,500
SOLD APR 2, 2025

503 Lakepointe Dr Chipley, FL 32428

4 Beds
3.5 Baths
2,224 Sq Ft
2 Acres

Recently Sold

$194 Per Sq Ft

Highlights

  • Boat Dock
  • 2 Acre Lot
  • Vaulted Ceiling
  • Fishing
  • Craftsman Architecture
  • Main Floor Primary Bedroom

About This Home

As of April 2025

Beautiful and well kept home in the prestigious Lakepointe Subdivision is a true gem. This 4 bedroom, 2.5 bath home offers an open concept, front and rear porches, a carport to entertain at and a covered/enclosed barn on the back of the landscaped two acres.

Last Agent to Sell the Property

michele ray

Randy Wise Realty LLC License #3374834 Listed on: 02/03/2025

Last Buyer's Agent

michele ray

Randy Wise Realty LLC License #3374834 Listed on: 02/03/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 400 x 544
  • Property fronts a county road
  • Corner Lot
  • Level Lot
  • Lawn Pump

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Attached Carport Spaces

Home Design

  • Craftsman Architecture
  • Metal Roof
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 2,224 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Home Office
  • Workshop
  • Laminate Flooring

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Separate Outdoor Workshop
  • Shed
  • Porch

Schools

  • See Remarks Elementary And Middle School
  • See Remarks High School

Utilities

  • Central Heating and Cooling System
  • Propane
  • Private Company Owned Well
  • Well
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 00000000-00-2666-0129

Community Details

Overview

  • Association fees include accounting, management
  • Lake Pointe Subdivision

Amenities

  • Picnic Area

Recreation

  • Boat Dock
  • Community Playground
  • Fishing

Home Details

Home Type

Single Family

Year Built

Built in 2019

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Lot Size: 400 X 544
  • Road Frontage Type: County Road
  • Subdivision Name: Lake Pointe
  • Directions: From Chipley proceed North on Hwy 77, turn left onto Old Bonifay Road
  • Architectural Style: Craftsman Style
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2019
  • Remarks Misc:Remarks: Beautiful and well kept home in the prestigious Lakepointe Subdivision is a true gem. This 4 bedroom, 2.5 bath home offers an open concept, front and rear porches, a carport to entertain at and a covered/enclosed barn on the back of the landscaped two acres.
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Utilities:Septic Tank: Yes
  • Utilities:Private Well: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Propane: Yes
  • Energy:Water Heater - Gas: Yes
  • Rooms:Family Room: Yes
  • Rooms:Office2: Yes
  • Rooms:Workshop2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Stove/Oven Electric
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Ceiling Crwn Molding, Ceiling Vaulted, Fireplace Gas, Floor Laminate, Pantry, Split Bedroom, Window Treatmnt Some
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Floor Laminate: Yes

Exterior Features

  • Lot Features: Corner, Level
  • Construction Type: Concrete, Roof Metal, Vinyl Siding
  • Exterior Features: Lawn Pump, Porch, Workshop, Yard Building
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Lawn Pump: Yes
  • Lot Features:Corner: Yes
  • Exterior:Workshop: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features: Carport Attached, Covered
  • General Property Info:Garage2: No
  • Parking Features:Carport Attached: Yes
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Gas - Propane, Private Well, Septic Tank

Condo/Co-op/Association

  • Community Features: Dock, Fishing, Pets Allowed, Picnic Area, Playground
  • Association #2 Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Management

Schools

  • Elementary School: See Remarks
  • High School: See Remarks
  • Middle Or Junior School: See Remarks

Lot Info

  • Lot Size Sq Ft: 87120.0
  • Parcel #: 00000000-00-2666-0129
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2025
Closed on
Apr 2, 2025
Sold by
Ray Walter Dewayne and Ray Patricia Jayne
Bought by
Hammond Gregory and Hammond Lyndsi
Seller's Agent
michele ray
Randy Wise Realty LLC
Buyer's Agent
michele ray
Randy Wise Realty LLC
List Price
$432,000
Sold Price
$432,500
Premium/Discount to List
$500
0.12%
Current Estimated Value
$421,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,038
Avg. Annual Appreciation
-3.79%
Original Mortgage
$361,968
Outstanding Balance
$359,474
Interest Rate
6.85%
Mortgage Type
VA
Estimated Equity
$61,988

Purchase Details

Closed on
Oct 1, 2020
Sold by
Brannon Tyler and Brannon Amanda
Bought by
Ray Walter Dewayne and Ray Patricia Jayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2016
Sold by
Acorn 6B Old Bonifay Road Real Estate Ll
Bought by
Alma Investment Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 $432,500 Northwest Title Group
Warranty Deed $432,500 Northwest Title Group
Warranty Deed $296,500 Northwest Title Group Llc
Warranty Deed $296,500 Northwest Title Group
Warranty Deed $296,500 Northwest Title Group
Special Warranty Deed $40,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $361,968 VA
Closed $361,968 VA
Previous Owner $237,200 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2025 04/02/25 Sold $432,500 +0.1% $194 / Sq Ft
02/03/2025 02/03/25 For Sale $432,000 -- $194 / Sq Ft
02/02/2025 02/02/25 Pending -- -- --
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
2025 $2,434 $216,588 -- --
2024 $2,285 $210,484 -- --
2023 $2,235 $204,353 $0 $0
2022 $2,050 $189,558 $0 $0
2021 $2,033 $184,037 $0 $0
2020 $2,514 $176,791 $20,000 $156,791
2019 $280 $19,000 $19,000 $0
2018 $145 $9,500 $9,500 $0
2017 $191 $12,000 $12,000 $0
2016 $195 $12,000 $0 $0
2015 $199 $12,000 $0 $0
2014 -- $12,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 967631

Emerald Coast Association of REALTORS®

APN: 00000000-00-2666-0129