$315,000
SOLD MAR 31, 2025

5037 E Lake Rd Milton, FL 32583

3 Beds
2 Baths
1,692 Sq Ft
0.58 Acres

Recently Sold

$186 Per Sq Ft

3% Below List Price

11 Days on Market

Highlights

  • Lake Front
  • Updated Kitchen
  • Breakfast Bar
  • Solar Power System
  • Contemporary Architecture
  • Tile Flooring

About This Home

As of March 2025

Back on the market and will go fast! This energy-efficient lakefront retreat offers the perfect combination of modern comfort and natural beauty! The 3-bedroom, 2-bathroom home features 1,692 sq ft of living space and is powered by fully paid-off solar panels, connected to the grid with a generator for added security. Current power bill averages about $30. Inside, you'll find brand new appliances in the kitchen, tile flooring throughout most of the home, and spacious rooms filled with natural light. The primary bedroom provides serene lake views, while both bathrooms offer modern finishes and plenty of storage space. Step outside to dual rear decks—perfect for entertaining or relaxing while overlooking the pristine, spring-fed lake. The property also boasts an outdoor shower house (currently used as a shed) that’s fully plumbed for a toilet, shower, and sink, offering potential for additional outdoor conveniences. For outdoor lovers, the lakeside gazebo provides a covered sitting area, and a private dock with a ladder makes swimming easy. Enjoy kayaking, paddleboarding, or canoeing with two canoes and a paddleboat included with the home. A privacy fence surrounds the property, ensuring peace and seclusion. The spring-fed lake, where motorboats are prohibited, maintains its crystal-clear waters and abundant wildlife, offering a serene environment perfect for those seeking a natural escape. This unique home offers not just a place to live, but a lifestyle of tranquility, sustainability, and outdoor adventure!

Last Agent to Sell the Property

Phillip Baker

Coldwell Banker Realty Listed on: 02/12/2025

Coldwell Banker Realty

Co-Listed By

Jaime LeBlanc

Coldwell Banker Realty

Last Buyer's Agent

Brenda Bischoff

Nexthome Momentum Realty

Nexthome Momentum Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

HOA Fees

  • Condo Association YN

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,692 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Lake Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • East Milton Elementary School
  • King Middle School
  • Milton High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Solar Power System
  • Lake Front

Community Details

  • Nichols Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 061n260000003530000

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1 per month

Parking

2

Listing Details

  • Stories: 1
  • Parcel Number: 061n260000003530000
  • Property Type: Residential
  • Year Built: 2007
  • Electric: Copper Wiring
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Co List Office Mls Id: CBU005
  • Co List Office Phone: 850-736-8050
  • Subdivision Name: Nichols Lake
  • Directions: Hwy 87 South of I-10 to 1st light take left, {coming from Milton} at Nichols Lake Rd almost to the end and take last left at Nichols Creek Rd, follow road sharp curve to the right. After curve 1st stop sign take a left and house will be on the left on the lake
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Green Power: Solar
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 1692
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Breakfast Bar
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 15
  • Room Kitchen Features: Updated
  • Room Master Bedroom Area: 225

Exterior Features

  • Roof: Composition
  • Lot Features: Central Access
  • Pool Features: None
  • View: Lake, Water
  • View: Yes
  • Waterfront Features: Lake, Waterfront, Natural
  • Waterfront: Yes
  • Construction Type: Brick, Frame
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Car Garage
  • Total Parking Spaces: 2

Utilities

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 15
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association

Schools

  • Elementary School: East Milton
  • High School: Milton
  • Middle Or Junior School: King

Lot Info

  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2025
Closed on
Mar 28, 2025
Sold by
Womack Matthew D and Womack Robbin E
Bought by
Brummer Susan E and Brummer Gerald W
Seller's Agent
Phillip Baker
Coldwell Banker Realty
Buyer's Agent
Brenda Bischoff
Nexthome Momentum Realty
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Views
81
Current Estimated Value
$318,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,652
Avg. Annual Appreciation
1.49%

Purchase Details

Listed on
Nov 26, 2019
Closed on
Mar 18, 2020
Sold by
Szalai Sheila and Szalai Paul A
Bought by
Womack Matthew D and Womack Robbin E
Seller's Agent
Debbie Sanspree
HomeSmart Sunshine Realty
Buyer's Agent
Phillip Baker
Coldwell Banker Realty
List Price
$214,900
Sold Price
$214,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$222,636
Interest Rate
3.4%
Mortgage Type
VA

Purchase Details

Closed on
Nov 30, 2006
Sold by
Boyce Cheryl
Bought by
Ducharme Tim

Purchase Details

Closed on
Jun 28, 1996
Sold by
Walker Mildred J
Bought by
Boyce Cheryl
Source: Public Records
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $315,000 Sunbelt Title
Warranty Deed $315,000 Sunbelt Title
Warranty Deed $214,900 Clear Ttl Of Northwest Fl Ll
Warranty Deed $40,000 Attorney
Quit Claim Deed $29,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $222,636 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2025 03/31/25 Sold $315,000 -3.1% $186 / Sq Ft
02/23/2025 02/23/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $325,000 +51.2% $192 / Sq Ft
03/18/2020 03/18/20 Sold $214,900 0.0% $127 / Sq Ft View Prior Sale
11/24/2019 11/24/19 For Sale $214,900 -- $127 / 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 $2,073 $220,653 $32,000 $188,653
2024 $2,041 $210,677 $30,000 $180,677
2023 $2,041 $205,180 $26,000 $179,180
2022 $2,045 $203,749 $26,000 $177,749
2021 $2,123 $167,350 $21,000 $146,350
2020 $1,200 $127,662 $0 $0
2019 $1,169 $124,792 $0 $0
2018 $1,161 $122,465 $0 $0
2017 $1,139 $119,946 $0 $0
2016 $1,131 $117,479 $0 $0
2015 $1,154 $116,662 $0 $0
2014 $1,164 $115,736 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 659069

Pensacola Association of REALTORS®

APN: 06-1N-26-0000-00353-0000