NOT LISTED FOR SALE

516 Dracena Way Gulf Breeze, FL 32561

Estimated Value: $1,081,330 - $1,281,000

5 Beds
3.5 Baths
4,049 Sq Ft
$296/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $690,000 $170 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $7,098/month

26 Days on Market

Highlights

  • In Ground Pool
  • Sitting Area In Primary Bedroom
  • Contemporary Architecture
  • Gulf Breeze Elementary School Rated A
  • Updated Kitchen
  • Fireplace in Primary Bedroom Retreat

About This Home

As of September 2018

This spacious custom home in the heart of Gulf Breeze Proper is in short walking distance to K-12 Gulf Breeze schools, parks and the Santa Rosa Sound. Picturesque porches and beautiful front yard oak tree canopy welcome you. Double mahogany doors open to a large family room with wall-mounted television and surround sound system. Step into the kitchen featuring stainless steel appliances, granite countertops, travertine backsplash, double ovens, gas cooktop, 2 pantries and breakfast bar. A beautiful bay window in the dining area overlooks the large fenced backyard with sparkling pool and beautiful landscaping. Large game room with wood burning fireplace and built in wall-length bookshelf has direct access to the covered back porch leading to the large screened swimming pool. First floor also includes a 23’x 18’ home office with separate outdoor access that could be converted to many other uses including a mother-in-law suite. Stairway with maple treads leads up to the second floor, where you will find a large master suite, three full bathrooms and four additional bedrooms, all with walk-in closets. The master suite offers French doors leading to a covered balcony, lovely wood burning fireplace and luxurious master bath featuring marble floor, shower and countertops, as well as undermount sinks and undermounted, jetted tub. The exercise/laundry room is conveniently located just off the master bath, and includes a separate access to the backyard and pool via an outdoor stairwell. Other amenities include 4’ wood tile floors and updated Pella windows, tankless hot water heater, and two Trane heat pumps and a variable speed pool pump, all replaced in 2015.

Last Agent to Sell the Property

Trey Manderson

Manderson Realty Group Listed on: 07/21/2018

Last Buyer's Agent

Outside Area Selling Agent

PAR Outside Area Listing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,104

Year Built

  • Built in 1983

Lot Details

  • 0.33 Acre Lot
  • Interior Lot

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Ridge Vents on the Roof

Interior Spaces

  • 4,049 Sq Ft Home
  • 2-Story Property
  • Built-In Desk
  • Bookcases
  • Ceiling Fan
  • Double Pane Windows
  • Family Room Downstairs
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Jetted Tub in Primary Bathroom
  • Spa Bath
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Pool

  • In Ground Pool
  • Spa
  • Screen Enclosure
  • Vinyl Pool

Schools

  • Gulf Breeze Elementary And Middle School
  • Gulf Breeze High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heat Pump System
  • Baseboard Heating
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Covered Patio or Porch

Community Details

  • No Home Owners Association
  • Gulf Breeze Park Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 053S291570015000070

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,104

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Stories: 2
  • Parcel Number: 053S291570015000070
  • Property Type: Residential
  • Year Built: 1983
  • Electric: Circuit Breakers, Copper Wiring
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.33
  • Road Surface Type: Paved
  • Subdivision Name: Gulf Breeze Park
  • Directions: Fairpoint to Silverthorn to right on Dracena, house will be on the left
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Heat Pump, Insulation, Ridge Vent
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Water Heater, Electric Water Heater, Tankless Water Heater/Gas, Dryer, Washer, Built In Microwave, Dishwasher, Disposal, Double Oven, Refrigerator, Self Cleaning Oven, Oven
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Two or More, Master Bedroom
  • Fireplace: Yes
  • Flooring: Tile, Carpet, Laminate
  • Interior Amenities: Baseboards, Bookcases, Ceiling Fan(s)
  • Living Area: 4049
  • Window Features: Double Pane Windows
  • Bedroom/Bathroom Features: Remodeled
  • Dining Room Features: Breakfast Bar, Breakfast Room/Nook, Eat-in Kitchen
  • Room Bedroom3 Area: 176.763888
  • Master Bedroom Master Bedroom Level: Second
  • Room Office Area: 400.854166
  • Room Bedroom2 Area: 178.75
  • Room Bedroom3 Level: Second
  • Room Family Room Area: 313.972222
  • Room Bedroom2 Level: Second
  • Master Bedroom Features: Ceiling Fan(s), Sitting Area, Walk-In Closet(s)
  • Room Family Room Level: First
  • Room Office Level: First
  • Room Kitchen Features: Updated, Granite Counters, Pantry, Desk
  • Room Kitchen Area: 381.333333
  • Dining Room Dining Room Level: First
  • Room Dining Room Area: 139.041666
  • Master Bathroom Features: Double Vanity, Jetted Tub, Separate Shower, Water Closet

Exterior Features

  • Roof: Shingle
  • Lot Features: Interior Lot
  • Pool Features: In Ground, Screen Enclosure, Vinyl
  • Home Warranty: Yes
  • Construction Type: Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Covered Porch
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Heating: Multi Units, Heat Pump, Central, Fireplace(s)
  • Cooling: Multi Units, Heat Pump, Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Gulf Breeze
  • High School: Gulf Breeze
  • Middle Or Junior School: Gulf Breeze

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Zoning Description: City,Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2018
Closed on
Sep 28, 2018
Sold by
Manderson Claude L and Manderson Christen M
Bought by
Jackson Herbert Tj and Jackson Amber L
Seller's Agent
Trey Manderson
Manderson Realty Group
Buyer's Agent
Outside Area Selling Agent
PAR Outside Area Listing Office
List Price
$699,000
Sold Price
$690,000
Premium/Discount to List
-$9,000
-1.29%
Current Estimated Value
$1,199,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,110
Avg. Annual Appreciation
8.13%
Original Mortgage
$552,000
Outstanding Balance
$457,661
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$741,449

Purchase Details

Listed on
Aug 16, 2013
Closed on
Jun 6, 2014
Sold by
Johnson David M
Bought by
Manderson Claude L and Manderson Christen M
Seller's Agent
Darlene Hurst
COLDWELL BANKER REALTY
Buyer's Agent
Non -member
Village Realty East
List Price
$479,900
Sold Price
$406,000
Premium/Discount to List
-$73,900
-15.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.06%
Original Mortgage
$40,600
Interest Rate
4.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 6, 2009
Sold by
Johnson David M
Bought by
Johnson David M

Purchase Details

Closed on
Dec 5, 2003
Sold by
Johnson Joanna P
Bought by
Johnson David M

Purchase Details

Closed on
Jul 9, 1999
Sold by
Reak Judith A
Bought by
Johnson Joanna P and Johnson David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
7.43%

Purchase Details

Closed on
Apr 20, 1999
Sold by
Reak William C and Reak Judith A
Bought by
Reak Judith A
Source: Public Records

Range of Values:

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Average Value
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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
Jackson Herbert Tj $690,000 Attorney
Manderson Claude L $406,000 Attorney
Johnson David M -- Attorney
Johnson David M $60,000 --
Johnson Joanna P $147,500 --
Reak Judith A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Herbert Tj $552,000
Previous Owner Manderson Claude L $40,600
Previous Owner Manderson Claude L $324,800
Previous Owner Johnson Joanna P $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2018 09/28/18 Sold $690,000 -1.3% $170 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $699,000 +72.2% $173 / Sq Ft
06/06/2014 06/06/14 Sold $406,000 0.0% $108 / Sq Ft View Prior Sale
06/06/2014 06/06/14 Sold $406,000 -15.4% $108 / Sq Ft View Prior Sale
04/02/2014 04/02/14 Pending -- -- --
04/01/2014 04/01/14 Pending -- -- --
11/16/2013 11/16/13 For Sale $479,900 0.0% $128 / Sq Ft
08/16/2013 08/16/13 For Sale $479,900 -- $128 / 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
2024 $9,104 $689,558 $230,000 $459,558
2023 $9,104 $672,528 $225,000 $447,528
2022 $8,694 $644,997 $210,000 $434,997
2021 $8,033 $573,742 $165,000 $408,742
2020 $7,985 $564,365 $0 $0
2019 $7,740 $545,380 $0 $0
2018 $3,666 $293,608 $0 $0
2017 $3,653 $287,569 $0 $0
2016 $3,633 $281,654 $0 $0
2015 $3,696 $279,696 $0 $0
2014 $2,544 $201,654 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 539688

Pensacola Association of REALTORS®

APN: 05-3S-29-1570-01500-0070