NOT LISTED FOR SALE

5775 Mount Olive Rd Crestview, FL 32539

Estimated Value: $231,011

3 Beds
1.5 Baths
1,375 Sq Ft
$168/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $44,000 $32 Per Sq Ft

Est. 425% increase in value since last sale

Current estimated payment $1,263/month

58 Days on Market

Highlights

  • 1.66 Acre Lot
  • Screened Porch
  • Living Room
  • Traditional Architecture
  • Fireplace
  • Central Air

About This Home

As of August 2015

This REO property is just mins away from Crestview and sits on right at 1.6 acres. All brick exterior, this 3 bedroom 1 and 1/2 bath has large open floor plan with fireplace, indoor laundry, large kitchen and tons of potential. Though this property may not qualify for most financing it is truly that diamond in the rough both home owner and investor alike would appreciate. Call today to set up your showing!

Last Agent to Sell the Property

Cosmo Spellings

Assurance Realty of NWFL LLC License #3113695 Listed on: 06/02/2015

Last Buyer's Agent

Bethany Zaal

Elite Real Estate Services of NWFL LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 1.66 Acre Lot
  • Lot Dimensions are 250x250
  • Partially Fenced Property

Home Design

  • Traditional Architecture
  • Repairs Needed
  • Brick Exterior Construction
  • Composition Shingle Roof
  • Wood Trim

Interior Spaces

  • 1,375 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Living Room
  • Screened Porch

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Walker Elementary School
  • Davidson Middle School
  • Crestview High School

Utilities

  • Central Air
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05-3N-22-0000-0005-0060

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 1.66
  • Lot Size: 250x250
  • Road Surface Type: Paved
  • Subdivision Name: NONE
  • Directions: Hwy 90 East from Crestview to left onto Mt. Olive Rd. Continue to 5775 on right.
  • Architectural Style: Traditional
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1978
  • Remarks Misc:Remarks: This REO property is just mins away from Crestview and sits on right at 1.6 acres. All brick exterior, this 3 bedroom 1 and 1/2 bath has large open floor plan with fireplace, indoor laundry, large kitchen and tons of potential. Though this property may not qualify for most financing it is truly that diamond in the rough both home owner and investor alike would appreciate. Call today to set up your showing!
  • Utilities Electric: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Utilities:Septic Tank: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Fireplace, Needs Work
  • Master Bedroom:First: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Construction Type: Brick, Roof Composite Shngl, Slab, Trim Wood
  • Exterior Features: Fenced Lot-Part, Porch Screened
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Exterior:Porch Screened: Yes
  • ConstructionSiding:Brick: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • ConstructionSiding:Trim Wood: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Phone, Public Water, Septic Tank, TV Cable
  • Utility: Yes

Schools

  • Elementary School: Walker
  • High School: Crestview
  • Middle Or Junior School: Davidson

Lot Info

  • Lot Size Sq Ft: 72309.6
  • Parcel #: 05-3N-22-0000-0005-0060
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2015
Closed on
Aug 3, 2015
Sold by
Us Bank Trust National Association
Bought by
Blocker Stephen R and Blocker Laura
Seller's Agent
Cosmo Spellings
Assurance Realty of NWFL LLC
Buyer's Agent
Bethany Zaal
Elite Real Estate Services of NWFL LLC
List Price
$44,000
Sold Price
$44,000
Current Estimated Value
$231,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,011
Avg. Annual Appreciation
16.32%

Purchase Details

Closed on
Apr 23, 2015
Sold by
Cerpenter Pamela A and Case #2014 Ca 000188 C
Bought by
U S Bank Trust Na and Volt Asset Holding Trust Xvi

Purchase Details

Closed on
Oct 7, 2004
Sold by
Carpenter Pamela A Hopkin and Carpenter Pamela A
Bought by
Carpenter Jefferson K and Carpenter Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,110
Interest Rate
5.71%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2003
Sold by
Hud
Bought by
Carpenter Pamela A Hopkin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,817
Interest Rate
5.94%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2003
Sold by
Wells Fargo Home Mortgage Inc
Bought by
Hud
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 Buyer Sale Price Title Company
Blocker Stephen R $44,000 Attorney
U S Bank Trust Na -- None Available
Carpenter Jefferson K -- Twin Cities Land Title Inc
Carpenter Pamela A Hopkin $54,100 --
Hud -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carpenter Jefferson K $75,110
Previous Owner Carpenter Pamela A Hopkin $56,817
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2015 08/07/15 Sold $44,000 0.0% $32 / Sq Ft
07/30/2015 07/30/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $44,000 -- $32 / 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
2025 $663 $94,519 -- --
2024 $730 $91,855 -- --
2023 $730 $89,180 $0 $0
2022 $711 $86,583 $0 $0
2021 $702 $84,061 $0 $0
2020 $559 $80,090 $0 $0
2019 $547 $78,289 $0 $0
2018 $633 $76,829 $0 $0
2017 $628 $75,249 $0 $0
2016 $971 $73,526 $0 $0
2015 $966 $71,042 $0 $0
2014 -- $70,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cosmo Spellings

    Seller's Agent in 2015

    Cosmo Spellings

    Assurance Realty of NWFL LLC

    (850) 699-1856

    73 in this area

    253 Total Sales

    Cosmo Spellings
    Section Image

  • B

    Buyer's Agent in 2015

    Bethany Zaal

    Elite Real Estate Services of NWFL LLC

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 730997

Emerald Coast Association of REALTORS®

APN: 05-3N-22-0000-0005-0060

Florida Okaloosa County Crestview 32539

5775 Mount Olive Rd, Crestview, FL

Not Listed for Sale

Detached

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