554 Magnolia Lake Dr Defuniak Springs, FL 32433
3
Beds
2.5
Baths
2,161
Sq Ft
0.32
Acres
Highlights
- Lake Front
- Fishing
- Great Room
- Boat Dock
- Wood Flooring
- Terrace
About This Home
As of July 2022Prepare to check off all the boxes! Brick waterfront home in popular Magnolia Lake Estates. This split floor plan is a wow, as are the views from your heavenly screened back porch. Not only is there a kitchen with solid surface countertops, new appliances, breakfast bar and pantry, but you'll discover a huge butler's pantry with all the cabinet and countertop storage your heart could dream of. You'll find storage in spades in this home with closets around every corner. Entertaining is easy w/ formal dining as well as a breakfast area overlooking the lake. The large waterfront master suite shines, with a fantastic walk-in closet, as well as a surprisingly large cultured marble walk-in shower. Experience the peaceful & calming views in this very walkable neighborhood w/ one entrance/exit.
Last Buyer's Agent
Kim Wennerberg
Great South Realty Inc
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,023
Year Built
- Built in 2006
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 84x151x83x159
- Lake Front
- Sprinkler System
- Cleared Lot
- Lawn Pump
- Property is zoned City, Resid Single Family
Parking
- 2 Car Attached Garage
- Oversized Parking
- Automatic Garage Door Opener
Home Design
- Brick Exterior Construction
- Dimensional Roof
- Composition Shingle Roof
- Vinyl Trim
Interior Spaces
- 2,161 Sq Ft Home
- 1-Story Property
- Built-in Bookshelves
- Shelving
- Coffered Ceiling
- Tray Ceiling
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Great Room
- Breakfast Room
- Dining Room
- Screened Porch
- Storage Room
- Lake Views
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Electric Oven or Range
- Cooktop with Range Hood
- Microwave
- Ice Maker
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- En-Suite Primary Bedroom
- Dual Vanity Sinks in Primary Bathroom
- Primary Bathroom includes a Walk-In Shower
Laundry
- Laundry Room
- Exterior Washer Dryer Hookup
Home Security
- Home Security System
- Fire and Smoke Detector
Outdoor Features
- Docks
- Terrace
- Built-In Barbecue
Schools
- Maude Saunders Elementary School
- Walton Middle School
- Walton High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 15-3N-19-19020-00A-0160
Community Details
Overview
- Magnolia Lake S/D Subdivision
- The community has rules related to covenants
Amenities
- Picnic Area
- Community Pavilion
Recreation
- Boat Dock
- Fishing
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2022
Closed on
Jul 28, 2022
Sold by
Allen Wykle Jr Gene and Allen Donna L
Bought by
Brannon Adam and Brannon Amber
Seller's Agent
Kim Wennerberg
Kim & Company
Buyer's Agent
Kim Wennerberg
Great South Realty Inc
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,937
Avg. Annual Appreciation
2.12%
Original Mortgage
$485,925
Outstanding Balance
$464,430
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
$42,507
Purchase Details
Listed on
Nov 27, 2015
Closed on
Apr 1, 2016
Sold by
Greene Thelma Jean
Bought by
Wykle Gene Allen and Wykle Donna L
Seller's Agent
Kim Wennerberg
Kim & Company
Buyer's Agent
Helen Bonner
Southern Key Properties Inc
List Price
$249,900
Sold Price
$249,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%
Original Mortgage
$258,146
Interest Rate
3.68%
Mortgage Type
VA
Similar Homes in Defuniak Springs, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $475,000 | None Listed On Document | |
| Warranty Deed | $249,900 | Allstate Title & Escrow Nw F |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $485,925 | VA | |
| Previous Owner | $258,146 | VA | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $270,000 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | Price Changed | $499,900 | -4.8% | $231 / Sq Ft |
| 05/14/2025 05/14/25 | For Sale | $524,900 | +10.5% | $243 / Sq Ft |
| 07/28/2022 07/28/22 | Sold | $475,000 | 0.0% | $220 / Sq Ft |
| 06/13/2022 06/13/22 | Pending | -- | -- | -- |
| 05/19/2022 05/19/22 | For Sale | $475,000 | +90.1% | $220 / Sq Ft |
| 06/23/2019 06/23/19 | Off Market | $249,900 | -- | -- |
| 04/19/2016 04/19/16 | Sold | $249,900 | 0.0% | $116 / Sq Ft |
| 02/17/2016 02/17/16 | Pending | -- | -- | -- |
| 11/27/2015 11/27/15 | For Sale | $249,900 | -- | $116 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $4,023 | $341,165 | $56,000 | $285,165 |
| 2023 | $4,023 | $333,468 | $45,000 | $288,468 |
| 2022 | $2,819 | $250,010 | $0 | $0 |
| 2021 | $2,808 | $242,728 | $0 | $0 |
| 2020 | $2,729 | $274,766 | $90,320 | $184,446 |
| 2019 | $2,553 | $233,995 | $0 | $0 |
| 2018 | $2,503 | $229,632 | $0 | $0 |
| 2017 | $2,519 | $230,262 | $88,550 | $141,712 |
| 2016 | $1,872 | $180,886 | $0 | $0 |
| 2015 | $1,880 | $179,629 | $0 | $0 |
| 2014 | $2,177 | $199,773 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Wennerberg
K
Seller's Agent in 2025
Kim Wennerberg
Kim & Company
(850) 635-1801
185 in this area
292 Total Sales
-
e
Buyer's Agent in 2022
ecn.rets.e3578
ecn.rets.RETS_OFFICE
-
e
Buyer's Agent in 2022
ecn.rets.showingtime.e3578
ecn.rets.RETS_OFFICE
-
H
Buyer's Agent in 2016
Helen Bonner
Southern Key Properties Inc
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 898908
APN: 15-3N-19-19020-00A-0160
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