$399,900
SOLD JUL 2, 2015

518 Springacres Cove Niceville, FL 32578

5 Beds
4 Baths
3,076 Sq Ft
1.03 Acres

Recently Sold

$130 Per Sq Ft

87 Days on Market

Highlights

  • In Ground Pool
  • Home fronts a creek
  • Newly Painted Property
  • Bluewater Elementary School Rated A-
  • Maid or Guest Quarters
  • Traditional Architecture

About This Home

As of April 2022

Meticulously maintained, custom-built Southern classic sits on over an acre of picturesque, easy-care landscaping complete with mature trees, a modern saline pool, a whimsical bridged streamed, and a custom-built, wired, bonus building that's a mini replica of the home. Despite its genteel appearance, this upscale home is an efficient workhorse, featuring a long list of smart upgrades including a brand new (2014) $65,000 geothermal 3-unit HVAC system, offering significant energy savings. With five generously sized bedrooms that includes two spacious master retreats, ample living areas, an oversized 2-car garage, and top-of-the-line appliances, this cul-de-sac home truly has everything ... except HOA fees! All it needs is you and your family to be complete.

Last Agent to Sell the Property

Pam Weeks

Keller Williams Realty Nville License #no data Listed on: 03/10/2015

Keller Williams Realty Nville

Last Buyer's Agent

Sherry Fowler

ERA American Real Estate License #3172199

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,682

Year Built

  • Built in 1988

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 354x144x281x154
  • Home fronts a creek
  • Property fronts an easement
  • Cul-De-Sac
  • Back Yard Fenced
  • Interior Lot
  • Lawn Pump
  • The community has rules related to exclusive easements

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Automatic Garage Door Opener
  • Golf Cart Parking

Home Design

  • Traditional Architecture
  • Newly Painted Property
  • Wallpaper
  • Frame Construction
  • Dimensional Roof
  • Composition Shingle Roof
  • Vinyl Siding
  • Vinyl Trim
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 3,076 Sq Ft Home
  • 2-Story Property
  • Shelving
  • Woodwork
  • Wainscoting
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Bay Window
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Play Room
  • Exterior Washer Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Accessible Home Design

  • Handicap Accessible
  • Handicap Modified

Pool

  • In Ground Pool
  • Pool Liner
  • Vinyl Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Shed

Schools

  • Bluewater Elementary School
  • Ruckel Middle School
  • Niceville High School

Utilities

  • Geothermal Heating and Cooling
  • Tankless Water Heater
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 26-1S-22-0000-0001-0160

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,682

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 1.03
  • Lot Size: 354x144x281x154
  • Subdivision Name: N/A
  • Directions: From Niceville, go East on Highway 20, Take a Right on White Point Road. Go straight thru the flashing intersection, and take your first Right onto Springacres Cove. Home is on your Right before the c
  • Architectural Style: Traditional
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1988
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Foyer: Yes
  • Rooms:Bonus Room: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Den: Yes
  • Energy:Geothermal: Yes
  • Waterfront:Creek: Yes
  • Rooms:Nursery: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Interior Amenities: Fireplace Gas, Floor Hardwood, Floor Tile, Floor WW Carpet, Guest Quarters, Handicap Provisions, Kitchen Island, Newly Painted, Plantation Shutters, Shelving, Split Bedroom, Wallpaper, Walls Wainscoting, Washer/Dryer Hookup, Window Bay, Woodwork Stained
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Interior:Split Bedroom: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Shelving: Yes
  • Interior:Plantation Shutters: Yes
  • Interior:Window Bay: Yes
  • Interior:Guest Quarters2: Yes
  • Interior:Wallpaper: Yes
  • Interior:Woodwork Stained: Yes
  • Interior:Walls Wainscoting: Yes
  • Interior:Handicap Provisions: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Easements, Interior, Within 1/2 Mile to Water
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Construction Type: Frame, Roof Dimensional Shg, Siding Brick Some, Vinyl Siding, Slab, Trim Vinyl, Other N/A
  • Exterior Features: Balcony, Fenced Back Yard, Fenced Lot-All, Fenced Privacy, Lawn Pump, Patio Covered, Patio Open, Pool - In-Ground, Pool - Vinyl Liner, Yard Building
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Easements: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:Pool - In-Ground: Yes
  • ConstructionSiding:Siding Brick Some: Yes
  • Exterior:Fenced Lot-All: Yes
  • ConstructionSiding:Other NA: Yes
  • Exterior:Pool - Vinyl Liner: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Detached, Golf Cart Open, Oversized
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Oversized: Yes
  • Parking Features:Garage Detached: Yes
  • Parking Features:Golf Cart Open: Yes

Utilities

  • Heating: Geothermal
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water

Schools

  • Elementary School: Bluewater
  • High School: Niceville
  • Middle Or Junior School: Ruckel

Lot Info

  • Lot Size Sq Ft: 44866.8
  • Parcel #: 26-1S-22-0000-0001-0160
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2018
Sold by
Limousin John Ryan and Limousin Leigh Anne
Bought by
Limousin John Ryan and Limousin Leigh Anne
Current Estimated Value
$818,321

Purchase Details

Listed on
Mar 10, 2015
Closed on
Jul 2, 2015
Sold by
Ortman John R and Hurst Karen Marie
Bought by
Limousin John Ryan and Limousin Leigh Anne
Seller's Agent
Pam Weeks
Keller Williams Realty Nville
Buyer's Agent
Sherry Fowler
ERA American Real Estate
List Price
$399,900
Sold Price
$399,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$364,408
Interest Rate
4.08%
Mortgage Type
VA
Source: Public Records

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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 Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $399,900 Lighthouse Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 VA
Closed $250,000 Credit Line Revolving
Closed $108,000 Credit Line Revolving
Closed $353,000 New Conventional
Closed $364,408 VA
Previous Owner $25,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2022 07/21/22 Off Market $806,000 -- --
04/20/2022 04/20/22 Sold $806,000 0.0% $262 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $806,000 +101.6% $262 / Sq Ft
07/02/2015 07/02/15 Sold $399,900 0.0% $130 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $399,900 -- $130 / 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 $5,682 $514,209 $97,718 $416,491
2023 $5,682 $515,953 $96,750 $419,203
2021 $3,446 $325,638 $0 $0
2020 $3,427 $321,142 $0 $0
2019 $3,512 $313,922 $0 $0
2018 $3,482 $308,069 $0 $0
2017 $3,463 $301,733 $0 $0
2016 $3,370 $295,527 $0 $0
2015 $3,383 $288,972 $0 $0
2014 $2,691 $240,211 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 724800

Emerald Coast Association of REALTORS®

APN: 26-1S-22-0000-0001-0160