NOT LISTED FOR SALE

5540 Sea Spray Ct Gulf Breeze, FL 32563

Estimated Value: $306,000 - $322,000

3 Beds
2 Baths
1,445 Sq Ft
$217/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $220,000 $152 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,952/month

Highlights

  • Florida Architecture
  • No HOA
  • 1 Car Attached Garage
  • West Navarre Intermediate School Rated A-
  • Cul-De-Sac
  • Interior Lot

About This Home

As of September 2020

This home is a short drive to Navarre or Pensacola Beach. It is within miles of Hurlburt Field. Tile throughout the house, fenced backyard, great neighborhood with sidewalks and a park.HOA is $200 a year.

Last Agent to Sell the Property

Sarah Johnson

Non Member Office (NABOR) License #SL3366172 Listed on: 05/31/2020

Last Buyer's Agent

Perry Connally

Keller Williams Realty Destin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,583

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 53x125
  • Cul-De-Sac
  • Interior Lot
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Home Design

  • Florida Architecture
  • Vinyl Siding

Interior Spaces

  • 1,445 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Tile Flooring
  • Pull Down Stairs to Attic
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • West Navarre Elementary School
  • Woodlawn Beach Middle School
  • Gulf Breeze High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 21-2S-26-0780-0WW00-0581

Community Details

Overview

  • No Home Owners Association
  • Shadow Lakes HOA
  • Shadow Lakes Subdivision
  • The community has rules related to covenants

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,583

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: A
  • Property Sub Type: Detached Single Family
  • Design: Florida Cottage
  • Legal Description: SHADOW LAKES UNIT III LOT 42 BLK E AS DES IN OR 2790 PG 1881
  • List Type: Exclusive Right of Sale
  • Project Facilities: Pets Allowed, Playground, TV Cable
  • Year Built: 2007
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stove/Oven Electric
  • Interior Amenities: Floor Tile, Pantry, Pull Down Stairs, Washer/Dryer Hookup
  • Bedroom Location: First
  • Lower Floor 1 Bedrooms: 3
  • Mstr Bdrm Mstr Bath: MBath Double Vanity, MBed Walk-in Closet
  • Master Bedroom: First
  • Total Bathrooms: 2.00
  • Living Room: First
  • Estimated Heated Cooled Sq Ft: 1445.00
  • Dining Kitchen: First

Exterior Features

  • Pool Type: None
  • Construction Siding: Siding Vinyl
  • New Construction: Construction Complete
  • Exterior: Sprinkler System
  • Lot Features: Covenants, Cul-De-Sac, Interior, Sidewalk, Survey Available
  • Pool: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Garage Attached

Utilities

  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Management Company: Shadow Lakes HOA

Fee Information

  • Assessment Fees: No
  • New Buyer Fee: No

Green Features

  • Energy Efficiency: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect

Lot Info

  • Homestead: Yes
  • Lot Dimensions: 53x125
  • Lot Parcel Access: County Road, Paved Road
  • Assessor Parcel Number: 21-2S-26-0780-0WW00-0581
  • Zoning: County, Resid Single Family

Rental Info

  • Is Subject Leased: No

Multi Family

  • Number Stories: 1.0
  • Occupancy Status: Occupied

MLS Schools

  • Elementary School: West Navarre
  • High School: Gulf Breeze
  • Middle School: Woodlawn Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2023
Sold by
Irwin Arnie Lee and Moran Grace V
Bought by
Craig Alex R and Craig Nicole Shannon
Current Estimated Value
$314,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,100
Outstanding Balance
$13,803
Interest Rate
7.23%
Estimated Equity
$300,357

Purchase Details

Listed on
May 31, 2020
Closed on
Sep 18, 2020
Sold by
Martinez Hector and Campbell Raegan
Bought by
Irwin Amie Lee and Moran Grace V
Seller's Agent
Sarah Johnson
Non Member Office (NABOR)
Buyer's Agent
Perry Connally
Keller Williams Realty Destin
List Price
$235,000
Sold Price
$220,000
Premium/Discount to List
-$15,000
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$216,015
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2019
Closed on
Sep 10, 2019
Sold by
Jarrett Matthew R and Jarrett Lauren D
Bought by
Martinez Hector J and Martinez Raegan J
Seller's Agent
Tish Leahy
Crystal Shores Realty
Buyer's Agent
Sarah Johnson
Non Member Office (NABOR)
List Price
$204,900
Sold Price
$209,600
Premium/Discount to List
$4,700
2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%
Original Mortgage
$208,386
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
Nov 16, 2007
Sold by
The Mitchell Co Inc
Bought by
Jarrett Lauren D and Jarrett Matthew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,914
Interest Rate
6.29%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Craig Alex R $274,100 Waypoint Title Llc
Irwin Amie Lee $220,000 Attorney
Martinez Hector J $204,000 Reliable Land Title Corp
Jarrett Lauren D $135,000 Surety Land Title Of Fl Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craig Alex R $14,100
Open Craig Alex R $282,009
Previous Owner Irwin Amie Lee $216,015
Previous Owner Martinez Hector J $208,386
Previous Owner Jarrett Lauren D $132,914
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2020 09/18/20 Sold $220,000 -6.4% $152 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
05/31/2020 05/31/20 For Sale $235,000 +12.1% $163 / Sq Ft
09/12/2019 09/12/19 Sold $209,600 +2.3% $145 / Sq Ft View Prior Sale
07/27/2019 07/27/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $204,900 -- $142 / Sq Ft
Source: Navarre Area Board 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 $3,583 $279,246 $55,000 $224,246
2023 $3,583 $263,226 $50,000 $213,226
2022 $3,220 $227,614 $38,000 $189,614
2021 $2,977 $206,574 $28,000 $178,574
2020 $2,399 $166,858 $0 $0
2019 $965 $106,381 $0 $0
2018 $953 $104,397 $0 $0
2017 $933 $102,250 $0 $0
2016 $914 $100,147 $0 $0
2015 $926 $99,451 $0 $0
2014 $953 $100,043 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Navarre Area Board of REALTORS®

MLS Number: 847775

Navarre Area Board of REALTORS®

APN: 19-2S-27-4938-00E00-0420