NOT LISTED FOR SALE

506 Springacres Cove Niceville, FL 32578

Estimated Value: $892,000 - $978,000

3 Beds
2 Baths
3,870 Sq Ft
$238/Sq Ft Est. Value

About This Home

This home is located at 506 Springacres Cove, Niceville, FL 32578 and is currently estimated at $919,508, approximately $237 per square foot. 506 Springacres Cove is a home located in Okaloosa County with nearby schools including Bluewater Elementary School, C.W. Ruckel Middle School, and Niceville Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2010
Sold by
Worsham Richard L and Worsham Kimberly R
Bought by
Worsham Richard Elliott and Worsham Delane Harris
Current Estimated Value
$919,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,576
Outstanding Balance
$231,271
Interest Rate
4.38%
Mortgage Type
VA
Estimated Equity
$688,237

Purchase Details

Closed on
Feb 23, 2001
Sold by
Rhodes Linnie D and Rhodes Paige S
Bought by
Worsham Richard L and Worsham Kimberly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.91%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Worsham Richard Elliott $361,500 Panhandle Title Inc
Worsham Richard L $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Worsham Richard Elliott $348,576
Previous Owner Worsham Richard L $48,000
Source: Public Records

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 $7,102 $624,990 $102,604 $522,386
2023 $7,102 $626,971 $101,588 $525,383
2022 $6,628 $589,969 $96,750 $493,219
2021 $5,840 $472,010 $84,131 $387,879
2020 $5,475 $436,422 $83,298 $353,124
2019 $5,248 $412,646 $83,298 $329,348
2018 $5,044 $391,791 $0 $0
2017 $4,898 $373,840 $0 $0
2016 $4,760 $365,491 $0 $0
2015 $4,748 $354,430 $0 $0
2014 $4,559 $336,209 $0 $0
Source: Public Records

Map

Florida Okaloosa County Niceville 32578

506 Springacres Cove, Niceville, FL

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