NOT LISTED FOR SALE

514 Springacres Cove Niceville, FL 32578

Estimated Value: $534,165 - $564,000

4 Beds
3 Baths
2,401 Sq Ft
$228/Sq Ft Est. Value

Last Sold February 05, 2015

Last sale price $275,000 $115 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $3,097/month

19 Days on Market

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • Wooded Lot
  • Bluewater Elementary School Rated A-
  • Newly Painted Property
  • Wood Flooring

About This Home

As of February 2015

*** This property is eligible under the Freddie Mac First Look Initiative through 11/20/2014. During the first 20 days, from initial MLS list date, a home is listed for sale in the MLS, only offers from owner-occupants (primary residence), second home buyers and public entities or their designated partners will be considered. Offers from investor purchasers will not be considered until after the initial 20 days of the listing. *** In addition to buyers normal costs, buyer is responsible for docs stamps on deed (seller is exempt) and a $250 title closing fee. Seller will pay for Owner's Title policy if buyer elects to use sellers title company. Property may not be assigned. Please verify dimensions. PROPERTY TO BE SOLD ''AS IS''. No survey on file. SEE ADDITIONAL COMMENTS... Beautiful 4 bedroom 3 bath home with inground pool sitting on over an acre of land in Niceville! Home has been almost completely remodeled. New AC inside and out, new kitchen appliances, new bathroom vanities, new paint, and pool liner will be replaced by 11/7/2014. Roof and windows appear to be newer but age is unknown. Split bedroom plan featuring 2 Master Suites with walk-in closets. Tile and hardwood throughout. Separate Living Room, Dining Room and Family Room give this home lots of living spaces.

Last Agent to Sell the Property

Dot Buchanan

ERA American Real Estate License #393854 Listed on: 11/29/2014

Co-Listed By

James Cooper

ERA American Real Estate

Last Buyer's Agent

Patsy Bland

Coldwell Banker Realty License #3066642

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,691

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 125x354
  • Property fronts a county road
  • Partially Fenced Property
  • Interior Lot
  • Level Lot
  • Wooded Lot

Parking

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

Home Design

  • Contemporary Architecture
  • Newly Painted Property
  • Brick Exterior Construction
  • Dimensional Roof
  • Ridge Vents on the Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,401 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Cultured Marble Bathroom Countertops
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Pool

  • In Ground Pool
  • Pool Liner
  • Vinyl Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Tap Fee Is Paid
  • Private Company Owned Well
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26-1S-22-0000-0001-0170

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,691

Year Built

Built in 1979 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 1.02
  • Lot Size: 125X354
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: EAM1
  • Co List Office Phone: 850-651-2454
  • Subdivision Name: Metes and Bounds
  • Directions: Hwy 20 to White Point Rd. Going toward Mid Bay bridge take a right past the caution light onto Spring Acres Cove. House on right.
  • Architectural Style: Contemporary
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1979
  • Utilities Electric: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Utilities:Septic Tank: Yes
  • Rooms:Dining Room: Yes
  • Utilities:Private Well: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Breakfast Room: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Heat Cntrl Gas: Yes
  • Energy:Water Heater - Gas: Yes
  • Rooms:Family Room: Yes
  • Energy:Ridge Vent: Yes
  • Special Features: 5120
  • Stories: 1

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Stove/Oven Gas
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Fireplace, Floor Hardwood, Floor Tile, Newly Painted, Pantry, Pull Down Stairs, Renovated, Washer/Dryer Hookup
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Interior:Pull Down Stairs: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Newly Painted: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Lot Features: Interior, Level, Within 1/2 Mile to Water, Wooded
  • Construction Type: Brick, Roof Dimensional Shg, Wood Siding, Slab
  • Exterior Features: Fenced Lot-Part, Pool - In-Ground, Pool - Vinyl Liner
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Lot Features:Wooded: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • Exterior:Pool - In-Ground: Yes
  • ConstructionSiding:Brick: Yes
  • ConstructionSiding:Siding Wood: Yes
  • Exterior:Pool - Vinyl Liner: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage, Oversized, Other
  • Parking Features:Other3: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Oversized: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Private Well, Septic Tank, Tap Fee Paid

Schools

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

Lot Info

  • Lot Size Sq Ft: 44431.2
  • Parcel #: 26-1S-22-0000-0001-0170
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2014
Closed on
Feb 4, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kelly Brian K and Kelly Colby L
Seller's Agent
Dot Buchanan
ERA American Real Estate
Buyer's Agent
Patsy Bland
Coldwell Banker Realty
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$546,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,291
Avg. Annual Appreciation
6.61%
Original Mortgage
$265,750
Outstanding Balance
$204,591
Interest Rate
3.9%
Mortgage Type
VA
Estimated Equity
$341,700

Purchase Details

Closed on
Oct 15, 2013
Sold by
Keiran Lee and Case #2009 Ca 006478 S
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 10, 2006
Sold by
Keiran William and Keiran Lee Anthony
Bought by
Keiran Lee A and Keiran Claudia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Kelly Brian K $275,000 Attorney
Wells Fargo Bank Na -- None Available
Keiran Lee A $298,000 Attorney
Keiran Lee A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Brian K $265,750
Previous Owner Keiran Lee A $298,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2015 02/05/15 Sold $275,000 0.0% $115 / Sq Ft
12/18/2014 12/18/14 Pending -- -- --
11/29/2014 11/29/14 For Sale $275,000 -- $115 / 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 $2,691 $277,712 -- --
2023 $2,691 $269,623 $0 $0
2022 $2,622 $261,770 $0 $0
2021 $2,612 $254,146 $0 $0
2020 $2,605 $250,637 $0 $0
2019 $2,572 $245,002 $0 $0
2018 $2,561 $241,574 $0 $0
2017 $2,544 $236,605 $0 $0
2016 $2,477 $231,908 $0 $0
2015 $3,020 $225,411 $0 $0
2014 $2,920 $215,371 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 717185

Emerald Coast Association of REALTORS®

APN: 26-1S-22-0000-0001-0170