See Home Value
Wright 32547
506 Maine Avenue
$420,704*
House - Off Market

506 Maine Avenue

Fort Walton Beach, FL 32547
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1900 Sqft
$378,000 - $462,000
Reference Base Price*
0.17%
Since Jul 1, 2023
National-US
Primary Model
Sold Jul 17, 2023
$400,000
$400,000 by Movement Mortgage, Llc
Mortgage Due Aug 01, 2053
Sold Sep 21, 2022
$250,000

About This Property

Come check out this STUNNING home in the heart of Fort Walton!  This 4-bedroom 2-bath home checks all the boxes and has been beautifully renovated! 2023 HVAC and 2023 water heater. You will find the inside of this home to be bright and airy with freshly painted walls and new flooring.  The kitchen sports all new appliances and has been updated with GRANITE countertops. Enjoy the warmth of the FIREPLACE on cool nights or spend the hot summer days in the POOL! It has a new liner and was recently serviced to be ready for you to enjoy. New Roof with acceptable offer! You don't want to miss this one!

The manager has listed the unit size as 1900 square feet.
Unit Size
1,900Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$221
Property Type
House
Property Taxes
$91
HOA Dues
-
Year Built
1973

Price History

Date / Event Date Event Price
Jul 17, 2023 Sold to Derrick Hearne, Jessica Mar... $400,000
Sold to Derrick Hearne, Jessica Mar...
Jun 13, 2023 No longer available -
No longer available
May 31, 2023 Price Decreased $420,000
↓ $5K (1.2%)
Price Decreased
May 24, 2023 Relisted $410,000
Relisted
May 24, 2023 Price Increased $425,000
↑ $15K (3.7%)
Price Increased
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,002
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,984
  • Gross Building Area: 1,984
  • Building Area: 1,900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1ST ADD
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1ST ADD FIELD S/D LOT 8 BLK D

Ownership

  • Current Owner : HEARNE DERRICK
  • Current Owner 2: HEARNE JESSICA MARIE
  • Previous Owner : DAVIS DESIGNS AND CARPENTRY LL
  • Owner Before Previous Owner: TURNER JANET Z
  • Owner Before Previous Owner 2: TURNER BOBBY J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021902

Geography

  • Assessors Map Reference: 42
  • Parcel: 03-2S-24-0901-000D-0080
  • Block: D
  • Lot: 8
  • Meridian: SEC 03 TWN 02S RNG 24W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4362
  • Longitude: -86.6464

    Address

  • Full Address: 506 Maine Ave
  • Address - House Number: 506
  • Address - Street Name: Maine
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Fort Walton Beach
  • Carrier Code: C036
  • 4-Digit Zip Code: 3028
  • Zip Code: 32547

Valuation

    Tax

  • Total Area: 1,925
  • Tax Year: 2023
  • Tax Amount: $3,409
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.2579
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 404,077
  • High Value: 508,299
  • Low Value: 299,855

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Jul 17, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $275,323
  • Market Land Value: $67,567
  • Market Improvement Value: $207,756

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,323
  • Assessed Land Value: $67,567
  • Assessed Improvements Value: $207,756

    Sales

  • Current Sale Contract Date: Jul 12, 2023
  • Current Sale Recording Date: Jul 17, 2023
  • Current Sale Transaction ID: 11909542555
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3635917
  • Previous Sale Recording Date: Sep 21, 2022
  • Previous Sale Contract Date: Sep 08, 2022
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Mortgage Transaction Date: Jul 17, 2023
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
2,179 ft²
$229/ft²
$499,900 Jun 6, 2023
-
-
House
3 Beds
2.5 Baths
1,633 ft²
$245/ft²
$400,000 Jun 7, 2023
-
$253/mo
House
5 Beds
3 Baths
2,358 ft²
$148/ft²
$349,400 Jun 8, 2023
-
-

About Wright


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Nearby Rentals



Frequently Asked Questions

When was property at 506 Maine Avenue built and last sold?
The property at 506 Maine Avenue was built in 1973 and last sold on Jul 12, 2023 for $400,000.
How much is this home worth?
The estimated value of the home located at 506 Maine Avenue is $422,653.
What are some comparable homes to 506 Maine Avenue?
There are currently no comparable homes to 506 Maine Avenue.

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