$245,000
SOLD OCT 16, 2025

55 Kelly Way Valparaiso, FL 32580

3 Beds
2 Baths
999 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$245 Per Sq Ft

12% Below List Price

85 Days on Market

Highlights

  • Deck
  • No HOA
  • Patio
  • Eglin Elementary School Rated A-
  • Fireplace
  • Living Room

About This Home

As of October 2025

***CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS***Seller is very negotiable and willing to offer a credit to the buyer at closing for updates, closing costs, etc.* You don't want to miss this charming 3 bed, 2 bath in Kelly Hill Estates. Would make a great property for a first-time buyer, investor or if you are just looking to simplify. This home has been consistently rented for several years. Open concept living room/dining room with laminate flooring throughout. Kitchen has been updated with Granite countertops along with stainless steel appliances and tile floor. # comfortable bedrooms along with 2 bathrooms that have granite countertops. Why purchase a townhome when you can own your own single family detached house with a one car garage. House backs up to a large pond. Located just minutes from Eglin AFB and close to the beautiful beaches of the Emerald Coast!

Last Agent to Sell the Property

David Mashburn

Realty One Group Emerald Coast License #SL3428550 Listed on: 06/04/2025

Realty One Group Emerald Coast

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30x100

Parking

  • 1 Car Garage

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Living Room

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Kelly Homes Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.07
  • Lot Size: 30x100
  • Road Frontage Type: City Street
  • Subdivision Name: Kelly Homes
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom

Exterior Features

  • Fencing: Privacy
  • View: Other
  • Construction Type: Wood Frame
  • Exterior Features: Deck, Patio
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • Attached Garage: No

Utilities

  • Cooling: Central Air
  • Heating: Central, Fireplace(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Ruckel

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 3049.0
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

MLS Schools

  • Elementary School: Bluewater
  • High School: Niceville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2025
Closed on
Sep 24, 2025
Sold by
Hutchins Charles R
Bought by
Schmidt Jonathan Daniel
Seller's Agent
David Mashburn
Realty One Group Emerald Coast
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$280,000
Sold Price
$245,000
Premium/Discount to List
-$35,000
-12.5%
Views
115
Current Estimated Value
$251,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,661
Avg. Annual Appreciation
10.45%
Original Mortgage
$187,500
Outstanding Balance
$187,326
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$64,336

Purchase Details

Closed on
Nov 13, 2014
Sold by
Mcmullen Paul
Bought by
Hutchins Charles R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,285
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Macmullen Paul

Purchase Details

Closed on
Jan 30, 2014
Sold by
Branch Banking & Trust Company
Bought by
Federal Home Loanmortgage Corporation

Purchase Details

Closed on
Dec 30, 2013
Sold by
Farmer Patricia L
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Aug 23, 2004
Sold by
Kemp Heather M and Kemp Christopher J
Bought by
Farmer Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2001
Sold by
Lashley Carl J and Lashley Christel D
Bought by
Mitchell Heather M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,405
Interest Rate
7.17%
Source: Public Records
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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
Warranty Deed $245,000 Estate Title
Warranty Deed $112,000 Bradley Title Llc
Special Warranty Deed $62,500 Attorney
Warranty Deed -- Attorney
Trustee Deed $62,100 None Available
Warranty Deed $110,000 Stewart Acquire Land Title
Warranty Deed $69,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $187,500 New Conventional
Previous Owner $114,285 New Conventional
Previous Owner $75,000 Purchase Money Mortgage
Previous Owner $66,405 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2025 10/16/25 Sold $245,000 -10.9% $245 / Sq Ft
08/28/2025 08/28/25 Pending -- -- --
07/13/2025 07/13/25 Price Changed $275,000 -1.8% $275 / Sq Ft
06/04/2025 06/04/25 For Sale $280,000 -- $280 / Sq Ft
Source: Central Panhandle 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
2025 $2,738 $184,015 $62,112 $121,903
2024 $2,455 $170,627 $50,745 $119,882
2023 $2,455 $171,025 $50,242 $120,783
2022 $2,298 $158,905 $47,849 $111,056
2021 $796 $93,671 $0 $0
2020 $783 $92,378 $0 $0
2019 $763 $90,301 $0 $0
2018 $748 $88,617 $0 $0
2017 $734 $86,794 $0 $0
2016 $733 $86,374 $0 $0
2015 $746 $85,785 $0 $0
2014 $1,231 $79,763 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 774388

Central Panhandle Association of REALTORS®

APN: 01-1S-23-1349-0000-0280