NOT LISTED FOR SALE

708 Shady Lane Dr Unit A, B, C, D Fort Walton Beach, FL 32547

Wright Neighborhood

Estimated Value: $488,000 - $506,398

8 Beds
4 Baths
3,016 Sq Ft
$166/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $476,000 $158 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,175/month

3 Days on Market

Highlights

  • 0.44 Acre Lot
  • Interior Lot
  • Living Room
  • Fort Walton Beach High School Rated A
  • Open Patio
  • Tile Flooring

About This Home

As of September 2022

This is 2 duplexes on the same lot. Units A & B are closer to Shady Lane.
Unit C & D are parallel to Shady Lane toward the rear of the property. Each unit is 750 SF with 2 bedrooms and 1 bath. Unit A has a dishwasher. Unit A is subsidized through HUD. Current rent total is $3065.00 a month. 30 yr roof installed in 2017.

Last Agent to Sell the Property

Chris Carter

Real Broker LLC License #3210183 Listed on: 09/07/2022

Real Broker LLC

Last Buyer's Agent

Shane Grady

Real Broker LLC License #3433234

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,834

Year Built

  • Built in 1979

Lot Details

  • 0.44 Acre Lot
  • Interior Lot
  • Level Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Dimensional Roof
  • Composition Shingle Roof

Interior Spaces

  • 3,016 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Exterior Washer Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Open Patio

Schools

  • Wright Elementary School
  • Bruner Middle School
  • Fort Walton Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Field S/D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-2S-24-0900-0007-0050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,834

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.44
  • Road Surface Type: Paved
  • Subdivision Name: FIELD S/D
  • Directions: From Beak Parkway, turn onto Duloft Street. Go to Shady Lane Drive turning right. Property will be on the left.
  • Architectural Style: Fourplex
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1979
  • Utilities Electric: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Interior Amenities: Floor Tile, Floor WW Carpet New, Washer/Dryer Hookup
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Lot Features: Interior, Level
  • Construction Type: Brick, Roof Dimensional Shg, Slab
  • Exterior Features: Patio Open
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • ConstructionSiding:Brick: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water

Schools

  • Elementary School: Wright
  • High School: Fort Walton Beach
  • Middle Or Junior School: Bruner

Lot Info

  • Lot Size Sq Ft: 19166.4
  • Parcel #: 03-2S-24-0900-0007-0050
  • Zoning: Resid Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2833.99
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Sep 6, 2022
Sold by
Micah Rutherford John
Bought by
Knizel Jessica Elizabeth and Erickson Derek Matthew
Seller's Agent
Chris Carter
Real Broker LLC
Buyer's Agent
Shane Grady
Real Broker LLC
List Price
$475,000
Sold Price
$476,000
Premium/Discount to List
$1,000
0.21%
Current Estimated Value
$500,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,100
Avg. Annual Appreciation
1.79%
Original Mortgage
$493,136
Outstanding Balance
$474,562
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
$25,538

Purchase Details

Listed on
Jul 24, 2017
Closed on
Aug 15, 2017
Sold by
Marinelli David W
Bought by
The Estate Of Vito W Marinelli
Seller's Agent
Michael Bailey
Dream Team Realty of NW Florida LLC
Buyer's Agent
Ed Smith
RE/MAX Coastal Properties
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.49%
Original Mortgage
$136,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2001
Sold by
Marinelli Vito W
Bought by
Marinelli Vito W and Vito W Marinelli Living Trust
Source: Public Records

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Range of Values:

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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
Knizel Jessica Elizabeth $476,000 --
The Estate Of Vito W Marinelli $185,000 Omega Title Llc
Marinelli Vito W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knizel Jessica Elizabeth $493,136
Previous Owner Rutherford John Micah $136,500
Previous Owner Marinelli Vito W $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Off Market $476,000 -- --
09/09/2022 09/09/22 Sold $476,000 +0.2% $158 / Sq Ft
09/07/2022 09/07/22 Price Changed $475,000 0.0% $157 / Sq Ft
09/07/2022 09/07/22 For Sale $475,000 0.0% $157 / Sq Ft
08/07/2022 08/07/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $475,000 +156.8% $157 / Sq Ft
08/15/2017 08/15/17 Sold $185,000 0.0% $61 / Sq Ft
07/30/2017 07/30/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $185,000 -- $61 / 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 $4,669 $408,229 $69,657 $338,572
2023 $4,669 $377,142 $63,186 $313,956
2022 $3,231 $301,059 $60,141 $240,918
2021 $2,834 $239,506 $53,670 $185,836
2020 $2,631 $223,454 $52,528 $170,926
2019 $2,263 $176,670 $52,528 $124,142
2018 $2,036 $153,392 $0 $0
2017 $2,006 $154,590 $0 $0
2016 $1,764 $133,112 $0 $0
2015 $1,662 $123,569 $0 $0
2014 $1,775 $133,936 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 905252

Emerald Coast Association of REALTORS®

APN: 03-2S-24-0900-0007-0050