NOT LISTED FOR SALE

725 Karen Ave NE Fort Walton Beach, FL 32547

Estimated Value: $538,000 - $700,000

4 Beds
2.5 Baths
2,450 Sq Ft
$241/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $379,000 $155 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,101/month

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • Great Room
  • Choctawhatchee Senior High School Rated A-
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of September 2016

Spacious 3 bedroom, 1.5 bath home situated on a large lot. Home features living room with fireplace, large kitchen with lots of cabinet space & separate dining area. Home has great potential...! This property is UI (Uninsurable) Property is estimated to need more than $5000 in repairs by FHA Appraiser making it NOT eligible for a standard FHA loan. Available to owner occupants for 5 days from list date then open to non-owner occupants, ie investors. *Equal Housing Opportunity* All sizes / measurements are approximate & must be verified by buyer.

Last Agent to Sell the Property

Kevin Krueger

Coastal Realty Services License #528774 Listed on: 06/23/2016

Last Buyer's Agent

Suzanne Clarke

World Impact Real Estate License #3051016

World Impact Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016 | Under Construction

Lot Details

  • Lot Dimensions are 80x133
  • Interior Lot
  • Sprinkler System
  • Lawn Pump
  • Property is zoned County, Resid Single

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Dimensional Roof
  • Composition Shingle Roof

Interior Spaces

  • 2,450 Sq Ft Home
  • 1-Story Property
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Double Pane Windows
  • Great Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath

Outdoor Features

  • Covered Patio or Porch

Schools

  • Kenwood Elementary School
  • Pryor Middle School
  • Choctawhatchee High School

Utilities

  • High Efficiency Air Conditioning
  • Cable TV Available

Community Details

  • Garniers Heights 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 36-1S-24-1031-000B-0040

Home Details

Home Type

Single Family

Year Built

Built in 2016 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 80X133
  • Road Surface Type: Paved
  • Subdivision Name: GARNIERS HEIGHTS 1ST ADDN
  • Directions: FROM LEWIS TURNER BLVD TO MOONEY RD THEN RIGHT ON KAREN AVE.
  • Architectural Style: Contemporary
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2016
  • Utilities:Sewer Available: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Great Room: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Smoke Detector
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Ceiling Raised, Ceiling Tray/Cofferd, Floor Hardwood, Floor Tile, Floor WW Carpet New
  • Window Features: Double Pane Windows
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Interior:Floor WW Carpet New: Yes

Exterior Features

  • Lot Features: Interior
  • Construction Type: Brick, Frame, Roof Dimensional Shg, Slab
  • Exterior Features: Lawn Pump, Patio Covered, Sprinkler System
  • Property Condition: Under Construction
  • Lot Features:Interior: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • Construction Status:Under Construction: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Sprinkler System: Yes
  • ConstructionSiding:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

  • Utilities: Public Sewer, Public Water, Sewer Available, TV Cable
  • Utility: Yes

Schools

  • Elementary School: Kenwood
  • High School: Choctawhatchee
  • Middle Or Junior School: Pryor

Lot Info

  • Parcel #: 36-1S-24-1031-000B-0040
  • Zoning: County, Resid Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2016
Closed on
Sep 23, 2016
Sold by
Watree Construction And Land Developing
Bought by
Perez Felipe and Perez Rebecca Brewer
Seller's Agent
Kevin Krueger
Coastal Realty Services
Buyer's Agent
Suzanne Clarke
World Impact Real Estate
List Price
$379,000
Sold Price
$379,000
Current Estimated Value
$589,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,549
Avg. Annual Appreciation
4.97%
Original Mortgage
$280,000
Outstanding Balance
$223,653
Interest Rate
3.43%
Mortgage Type
VA
Estimated Equity
$365,896

Purchase Details

Closed on
Feb 8, 2013
Sold by
Watkins Shanyn N and Watkins Thomas L
Bought by
Watree Construction Land Developing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 22, 2012
Closed on
Nov 21, 2012
Sold by
Watkins Shanyn N
Bought by
Watkins Shanyn N and Watkins Thomas L
Seller's Agent
David Connart
LPT Realty LLC
Buyer's Agent
Kevin Krueger
ecn.unknownoffice
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.70%

Purchase Details

Closed on
Apr 13, 2012
Sold by
Worsham Timothy
Bought by
Midfirst Bank

Purchase Details

Closed on
Mar 30, 2012
Sold by
Midfirst Bank
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 29, 2004
Sold by
Pincince Robert E and Pincince Christine S
Bought by
Worsham Timothy and Worsham Lisa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,190
Interest Rate
5.62%
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
Perez Felipe $379,000 First National Title Co
Watree Construction Land Developing Llc $112,000 First National Land Title Co
Watkins Shanyn N -- None Available
Watkins Shanyn N $100,000 None Available
Midfirst Bank -- None Available
The Secretary Of Housing & Urban Develop -- Attorney
Worsham Timothy $147,200 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Felipe $280,000
Previous Owner Watree Construction Land Developing Llc $90,000
Previous Owner Worsham Timothy $147,190
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2020 04/13/20 Off Market $100,000 -- --
09/23/2016 09/23/16 Sold $379,000 0.0% $155 / Sq Ft
06/23/2016 06/23/16 For Sale $379,000 +279.0% $155 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
11/21/2012 11/21/12 Sold $100,000 0.0% $74 / Sq Ft View Prior Sale
10/22/2012 10/22/12 For Sale $100,000 -- $74 / Sq Ft
10/19/2012 10/19/12 Pending -- -- --
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 -- $315,135 -- --
2023 $0 $305,956 $0 $0
2022 $0 $297,045 $0 $0
2021 $3,148 $288,393 $0 $0
2020 $3,121 $284,411 $0 $0
2019 $3,081 $278,017 $0 $0
2018 $3,051 $272,833 $0 $0
2017 $2,994 $267,221 $0 $0
2016 $1,912 $144,267 $0 $0
2015 $2,284 $169,881 $0 $0
2014 $2,203 $163,689 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 755476

Emerald Coast Association of REALTORS®

APN: 36-1S-24-1031-000B-0040