NOT LISTED FOR SALE

5217 Meadows Dr Jay, FL 32565

Estimated Value: $310,016

4 Beds
2 Baths
2,727 Sq Ft
$114/Sq Ft Est. Value

Sale Details

Date Sold: August 8, 2025

Last sale price $275,000 $101 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,837 / mo

75 Days on Market

Highlights

  • 14.7 Acre Lot
  • Separate Outdoor Workshop
  • Fireplace
  • Wooded Lot
  • 4 Car Garage
  • Porch

About This Home

As of August 2025

Attractively priced, this large 4 bedroom 2 bath HUD REO home may be the one you are looking for. Originally built in 1976, this all brick home rests on just under 15 acres and comes with both an attached 2 car garage and a massive detached 2 car garage//workshop. Both garages have semi finished spaces above the garage adding a significant amount of square footage that is not including in the homes 2700 square foot foot print. Unique to this year is the split bedroom design with the master being just off the kitchen/laundry area which is where the rear exit door is located. Home currently has wall to wall carpet, fireplace, dining area x 2, and living room. If looking for acreage, this just may be the one!

Last Agent to Sell the Property

Cosmo Spellings

Assurance Realty of NWFL LLC License #3113695 Listed on: 03/19/2025

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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 14.7 Acre Lot
  • Property fronts a private road
  • Property fronts an easement
  • Irregular Lot
  • Wooded Lot
  • The community has rules related to exclusive easements

Parking

  • 4 Car Garage

Home Design

  • Brick Exterior Construction
  • Off Grade Structure
  • Wallpaper
  • Dimensional Roof
  • Wood Trim

Interior Spaces

  • 2,727 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Living Room
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Separate Outdoor Workshop
  • Porch

Schools

  • Jay Elementary And Middle School
  • Jay High School

Utilities

  • Electric Water Heater
  • Septic Tank
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 13-5N-30-0000-00703-0000

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

14.7 Acres

Parking

4

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 14.7
  • Lot Size: IRR
  • Road Frontage Type: Private Road
  • Subdivision Name: None
  • Directions: Take Hwy 4 To Meadow Ln. Follow (clay road) until end. Home is at the end of the road.
  • Architectural Style: Ranch
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1976
  • Remarks Misc:Remarks: Attractively priced, this large 4 bedroom 2 bath HUD REO home may be the one you are looking for. Originally built in 1976, this all brick home rests on just under 15 acres and comes with both an attached 2 car garage and a massive detached 2 car garage//workshop. Both garages have semi finished spaces above the garage adding a significant amount of square footage that is not including in the homes 2700 square foot foot print. Unique to this year is the split bedroom design with the master being just off the kitchen/laundry area which is where the rear exit door is located. Home currently has wall to wall carpet, fireplace, dining area x 2, and living room. If looking for acreage, this just may be the one!
  • Utilities Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Utilities:Septic Tank: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Water Heater - Elect
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Floor WW Carpet
  • Interior Amenities: Fireplace, Split Bedroom, Wallpaper
  • Interior:Split Bedroom: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Fireplace: Yes
  • Interior:Wallpaper: Yes

Exterior Features

  • Lot Features: Easements, Irregular, Wooded
  • Construction Type: Brick, Foundation Off Grade, Trim Wood
  • Other Structures: Workshop
  • Patio And Porch Features: Porch
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Easements: Yes
  • Lot Features:Wooded: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • ConstructionSiding:Brick: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Exterior:Workshop: Yes
  • ConstructionSiding:Foundation Off Grade: Yes
  • Lot Features:Irregular: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Garage Detached
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Electric, Phone

Schools

  • Elementary School: Jay
  • High School: Jay
  • Middle Or Junior School: Jay

Lot Info

  • Lot Size Sq Ft: 640332.0
  • Parcel #: 13-5N-30-0000-00703-0000
  • Zoning: Resid Single Family

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2025
Closed on
Aug 6, 2025
Sold by
Bought by
Seller's Agent
Cosmo Spellings
Assurance Realty of NWFL LLC
List Price
$323,000
Sold Price
$275,000
Premium/Discount to List
-$48,000
-14.86%
Views
188
Current Estimated Value
$310,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,016
Avg. Annual Appreciation
12.87%
Original Mortgage
$247,500
Outstanding Balance
$245,075
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$64,941

Purchase Details

Closed on
Oct 9, 2024
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$275,000 Surety Land & Title
$100 None Listed On Document
$100 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $247,500
Previous Owner $80,000
Previous Owner $64,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/08/2025 08/08/25 Sold $275,000 -14.9% $101 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
03/19/2025 03/19/25 For Sale $323,000 -- $118 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,548 $360,621 $124,579 $236,042
2024 $1,541 $164,696
2023 $1,541 $162,185 $0 $0
2022 $1,554 $157,528 $0 $0
2021 $1,552 $153,006 $0 $0
2020 $1,535 $150,925 $0 $0
2019 $1,500 $147,583 $0 $0
2018 $1,492 $144,874 $0 $0
2017 $1,418 $141,941 $0 $0
2016 $1,411 $139,069 $0 $0
2015 $1,439 $138,054 $0 $0
2014 $1,451 $136,913 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 971504

Emerald Coast Association of REALTORS®

APN: 13-5N-30-0000-00703-0000

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