NOT LISTED FOR SALE

57 Michaelmas Cir Defuniak Springs, FL 32433

Estimated Value: $125,000 - $218,000

2 Beds
1.5 Baths
1,218 Sq Ft
$146/Sq Ft Est. Value

Last Sold July 07, 2016

Last sale price $45,000 $37 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $970/month

58 Days on Market

Highlights

  • Living Room
  • Tile Flooring
  • Dining Room
  • Mossy Head School Rated A-
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of July 2016

This REO property is located just off Hwy 1087 and comes with stucco exterior, 2 bedrooms and 1.5 baths. Home is located on an oversized lot for this area (nearly 2 lots) and the property is fully fenced. Home has laminate flooring throughout, carpet in bedrooms, and updated baths. Kitchen is open and has eat in dining. Property needs some minor repairs so will not qualify for all types of financing. Call today to view this home! Bank of America, N.A. associates, household members and HTS business partners are prohibited from purchasing REO properties, either owned or serviced by the Bank, whether directly or indirectly.

Last Agent to Sell the Property

Cosmo Spellings

Assurance Realty of NWFL LLC License #3113695 Listed on: 04/20/2016

Last Buyer's Agent

Cosmo Spellings

Assurance Realty of NWFL LLC License #3113695 Listed on: 04/20/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $376

Year Built

  • Built in 2000

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 163x84x88x141
  • Property fronts a county road
  • Property is Fully Fenced
  • Chain Link Fence
  • Level Lot

Home Design

  • Composition Shingle Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,218 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

  • Electric Oven or Range
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Maude Saunders Elementary School
  • Walton Middle School
  • Walton High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 23-3N-21-37080-00B-0030

Home Details

Home Type

Single Family

Est. Annual Taxes

$376

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.52
  • Lot Size: 163X84X88X141
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: METES & BOUNDS
  • Directions: Hwy 90 East towards Defuniak Springs. At Hwy 1087 turn left then right onto Michaelmas Cir. Home is on the left on the corner of Michaelmas Cir and Hwy 1087.
  • Architectural Style: Ranch
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2000
  • Utilities Electric: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Utilities:Septic Tank: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Microwave, Stove/Oven Electric
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Floor Tile, Floor WW Carpet
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Interior:Floor Tile: Yes
  • Interior:Floor WW Carpet: Yes

Exterior Features

  • Lot Features: Level
  • Construction Type: Concrete, Block, Roof Composite Shngl, Slab, Stucco
  • Exterior Features: Fenced Chain Link, Fenced Lot-All
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • Exterior:Fenced Chain Link: Yes
  • Exterior:Fenced Lot-All: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Water, Septic Tank

Schools

  • Elementary School: Maude Saunders
  • High School: Walton
  • Middle Or Junior School: Walton

Lot Info

  • Lot Size Sq Ft: 22651.2
  • Parcel #: 23-3N-21-37080-00B-0030
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2016
Closed on
Aug 8, 2016
Sold by
Gbe Llc
Bought by
Guisinger Larry and Guisinger Sheila
Seller's Agent
Cosmo Spellings
Assurance Realty of NWFL LLC
Buyer's Agent
Cosmo Spellings
Assurance Realty of NWFL LLC
List Price
$45,000
Sold Price
$45,000
Current Estimated Value
$177,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,691
Avg. Annual Appreciation
15.91%

Purchase Details

Listed on
Apr 20, 2016
Closed on
Jun 29, 2016
Sold by
Bank Of America Na
Bought by
Gbe Llc
Seller's Agent
Cosmo Spellings
Assurance Realty of NWFL LLC
Buyer's Agent
Cosmo Spellings
Assurance Realty of NWFL LLC
List Price
$45,000
Sold Price
$45,000

Purchase Details

Closed on
Dec 3, 2015
Sold by
Nance James and Nance James D
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 1, 2015
Bought by
Gbe Llc

Purchase Details

Closed on
Aug 16, 2013
Sold by
Nance Lyndsay
Bought by
Nance James

Purchase Details

Closed on
Feb 22, 2010
Sold by
Bizek Larry James and Bizek Laura Lea
Bought by
Nance James D and Nance Lyndsay A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2004
Sold by
The Bank Of New York
Bought by
Bizek Larry James and Bizek Laura Lea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,600
Interest Rate
6.03%
Mortgage Type
Unknown

Purchase Details

Closed on
May 17, 2000
Sold by
Yarnall Joy P
Bought by
Privott E T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
8.14%
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
Guisinger Larry -- None Available
Gbe Llc $45,000 Stewart Title Company
Bank Of America Na -- None Available
Gbe Llc $100 --
Nance James -- None Available
Nance James D $75,000 First National Land Title Co
Bizek Larry James $54,000 --
Privott E T $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nance James D $76,500
Previous Owner Bizek Larry James $48,600
Previous Owner Privott E T $40,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2016 07/07/16 Sold $45,000 0.0% $37 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $45,000 -- $37 / 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 $376 $73,941 -- --
2023 $376 $71,787 $0 $0
2022 $375 $69,696 $0 $0
2021 $381 $67,181 $0 $0
2020 $388 $72,735 $10,819 $61,916
2019 $379 $64,763 $0 $0
2018 $374 $63,555 $0 $0
2017 $369 $62,248 $0 $0
2016 $702 $67,054 $0 $0
2015 $713 $67,011 $0 $0
2014 $734 $68,222 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 744310

Emerald Coast Association of REALTORS®

APN: 23-3N-21-37080-00B-0030