NOT LISTED FOR SALE

509 Springacres Cove Niceville, FL 32578

Estimated Value: $705,000 - $879,000

5 Beds
3.5 Baths
2,871 Sq Ft
$267/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $775,000 $270 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,318/month

136 Days on Market

Highlights

  • Screened Pool
  • Deck
  • Traditional Architecture
  • Bluewater Elementary School Rated A-
  • Newly Painted Property
  • Main Floor Primary Bedroom

About This Home

As of July 2024

Niceville 5BR 4 BA custom built home with NO HOA! If your looking for location, quality construction and living space look no further. This home is located just outside the Bluewater Bay community off of White Pointe Road and is situated on a very private 1 acre lot with Spring Fed creek. This one owner home features a circle driveway leading to the home with wooded landscaping serving as a privacy buffer. The wrap around porch has plenty of area for furniture and plants and is great for watching the kids play. Downstairs includes an Executive Office, 30x15 Great Room with fireplace, Dining Area ,Powder room, Kitchen, Breakfast nook, laundry room and the Master BR. Upstairs has four very large bedrooms with Jack n Jill Bathrooms. Some other features include recessed lighting, plantation shutters, crown molding, hard wood floors and hurricane impact windows. The metal roof was installed in August of 2019. The over sized garage can easily accommodate two cars with room left over. The owners used the garage for a play room for grandchildren and it is heated and cooled. The home is made for entertaining as the outdoor deck is spacious enough and overlooks the wooded area and stream. The enclosed heated pool with beautiful pavers leaves the homeowner with less stress in having to worry about the leaves in the pool. The family will love the proximity to retail, restaurants, schools, daycare, offices and the amenities of Bluewater Bay including golf, tennis and the marina.

Last Agent to Sell the Property

John J Lavin Jr

The Beach Group Properties LLC License #3366317 Listed on: 01/13/2024

Last Buyer's Agent

Charles Cameron

EXP Realty LLC License #3450569

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,384

Year Built

  • Built in 1998

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 150x298
  • Property fronts a county road
  • Partially Fenced Property
  • Sprinkler System
  • Lawn Pump
  • Property is zoned County, Resid Single

Parking

  • 2 Car Garage
  • Oversized Parking
  • Automatic Garage Door Opener

Home Design

  • Traditional Architecture
  • Newly Painted Property
  • Brick Exterior Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,871 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Recessed Lighting
  • Fireplace
  • Great Room
  • Dining Room
  • Home Office
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool

Outdoor Features

  • Deck
  • Open Patio
  • Shed
  • Rain Gutters
  • Porch

Schools

  • Bluewater Elementary School
  • Choice-Destin/Ruckel Middle School
  • Niceville High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Bluewater Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26-1S-22-0000-0001-0090

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,384

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Lot Size: 150x298
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Bluewater Bay
  • Directions: Traveling East on Highway 20 in Niceville turn right on White Pointe Rd. Take the first right past the four way stop sign and the home is third house on left. From Mid Bay Bridge get off on Lakeshore exit and take a left. Take a right on White Pointe and travel North past the North Bay Fire District House Spring acres is the second left.
  • Architectural Style: Traditional
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1998
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Laundry2: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Great Room: Yes
  • Rooms:Office2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Fireplace, Furnished - None, Lighting Recessed, Newly Painted
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Appliances:Freezer: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Newly Painted: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Lot Features: Sidewalk
  • Pool Features: Pool Type
  • Construction Type: Brick, Roof Metal, Vinyl Siding
  • Exterior Features: Rain Gutter, Deck Open, Fenced Lot-Part, Fireplace, Lawn Pump, Patio Open, Pool - Enclosed, Pool - In-Ground, Porch, Sprinkler System, Yard Building
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Pool - Enclosed: Yes
  • Exterior:Pool - In-Ground: Yes
  • ConstructionSiding:Brick: Yes
  • Lot Features:Sidewalk: Yes
  • Exterior:Rain Gutter: Yes
  • Exterior:Fireplace2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Oversized
  • General Property Info:Garage2: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Oversized: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water

Schools

  • Elementary School: Bluewater
  • High School: Niceville
  • Middle Or Junior School: Choice-Destin/Ruckel

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 26-1S-22-0000-0001-0090
  • Zoning: County, Resid Single
  • ResoLotSizeUnits: Acres
  • Lot Features Coastal Barrier Zone: No

Tax Info

  • Tax Annual Amount: 3383.68
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2024
Closed on
Jul 15, 2024
Sold by
Gamble-Gordon Lila Diane and Gamble-Gordon Diane
Bought by
Mcelhaney Matthew K and Mcelhaney Kimberly O
Seller's Agent
John J Lavin Jr
The Beach Group Properties LLC
Buyer's Agent
Charles Cameron
EXP Realty LLC
List Price
$899,000
Sold Price
$775,000
Premium/Discount to List
-$124,000
-13.79%
Views
473
Current Estimated Value
$767,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,746
Avg. Annual Appreciation
-0.78%
Original Mortgage
$639,900
Outstanding Balance
$632,315
Interest Rate
7.03%
Mortgage Type
VA
Estimated Equity
$134,939
Source: Public Records

Range of Values:

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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
Mcelhaney Matthew K $775,000 Sunbelt Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelhaney Matthew K $639,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2024 07/15/24 Sold $775,000 -4.3% $270 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/15/2024 05/15/24 Price Changed $810,000 -4.6% $282 / Sq Ft
03/10/2024 03/10/24 Price Changed $849,000 -4.5% $296 / Sq Ft
02/06/2024 02/06/24 Price Changed $889,000 -1.1% $310 / Sq Ft
01/13/2024 01/13/24 For Sale $899,000 -- $313 / Sq Ft
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
2024 $3,384 $332,516 -- --
2023 $3,384 $322,831 $0 $0
2022 $3,302 $313,428 $0 $0
2021 $3,295 $304,299 $0 $0
2020 $3,289 $300,098 $0 $0
2019 $3,250 $293,351 $0 $0
2018 $3,222 $287,881 $0 $0
2017 $3,204 $281,960 $0 $0
2016 $3,118 $276,161 $0 $0
2015 $3,186 $274,241 $0 $0
2014 $3,197 $272,064 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 939856

Emerald Coast Association of REALTORS®

APN: 26-1S-22-0000-0001-0090