See Home Value
$287,268*
House - Off Market

116 NW Markella Road

Fort Walton Beach, FL 32548
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1691 Sqft
$171,000 - $207,000
Reference Base Price*
51.27%
Since Oct 1, 2018
National-US
Primary Model
Sold Jun 05, 2023
$325,900
$260,720 by Waterstone Mortgage Corp
Mortgage Due Jul 01, 2053
Sold Oct 19, 2018
$189,900
$196,166 by Mortgage One Of The South Inc
Mortgage Due Nov 01, 2048

About This Property

Priced to Sell...  This beautiful home sits on a large corner lot in the heart of Ft Walton Beach close to shopping and schools. Recent updates include a 12X24 master suite addition, finished carport, and modernized bathrooms. All appliances, hot water heater and Air Conditioner were replaced 3 years ago. Electrical and plumbing were updated as well.The fenced back yard includes a 10X20 workshop with 220V to accommodate all types of equipment. This one is a must-see...call today for a closer look!

The manager has listed the unit size as 1691 square feet.
Unit Size
1,691Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$112
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959

Price History

Date / Event Date Event Price
Jun 5, 2023 Sold to Joseph Merrell $325,900
Sold to Joseph Merrell
Oct 19, 2018 Sold to Daniel E Reeder, Trisha R R... $189,900
Sold to Daniel E Reeder, Trisha R R...
Sep 20, 2018 No longer available -
No longer available
Sep 18, 2018 Relisted $189,900
Relisted
Sep 13, 2018 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • 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
  • Garage Type: Carport
  • Garage Square Area: 265
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,575
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,140
  • Gross Building Area: 2,140
  • Building Area: 1,691
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,691
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SANTA MARKELLA
  • Land Acres: 0.266
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SANTA MARKELLA LOT 7 BLK H

Ownership

  • Current Owner : MERRELL JOSEPH
  • Previous Owner : REEDER DANIEL E
  • Previous Owner 2: REEDER TRISHA R
  • Owner Before Previous Owner: GARDNER ROBERT
  • Owner Before Previous Owner 2: GARDNER SHIRLEY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 022700

Geography

  • Assessors Map Reference: 53
  • Parcel: 14-2S-24-2170-000H-0070
  • Block: H
  • Lot: 7
  • Meridian: SEC 14 TWN 02S RNG 24W
  • Municipality: FORT WALTON BEACH
  • Latitude: 30.4171
  • Longitude: -86.6219

    Address

  • Full Address: 116 Markella Rd Nw
  • Address - House Number: 116
  • Street Segment Direction: NW
  • Address - Street Name: Markella
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Fort Walton Beach
  • Carrier Code: C016
  • 4-Digit Zip Code: 4706
  • Zip Code: 32548

Valuation

    Tax

  • Total Area: 1,846
  • Tax Year: 2023
  • Tax Amount: $1,641
  • Tax Rate Code Area: 004

    Appraisal Valuation

  • Standard Deviation: 0.2061
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 323,382
  • High Value: 390,044
  • Low Value: 256,721

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,720
  • First Open Lien Mortgage Lender: WATERSTONE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 05, 2023
  • First Open Lien Mortgage Loan Amount: $260,720
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Market Valuation

  • Market Total Value: $217,204
  • Market Land Value: $48,192
  • Market Improvement Value: $169,012

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $157,840

    Sales

  • Current Sale Contract Date: Jun 05, 2023
  • Current Sale Recording Date: Jun 05, 2023
  • Current Sale Transaction ID: 11907551259
  • Current Sale Price: $325,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3627862
  • Previous Sale Recording Date: Oct 19, 2018
  • Previous Sale Contract Date: Oct 12, 2018
  • Previous Sale Amount: $189,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WATERSTONE MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 05, 2023
  • First Mortgage Loan Amount: $260,720
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE ONE OF THE SOUTH INC
  • Previous Mortgage Transaction Date: Oct 19, 2018
  • Previous Mortgage Loan Amount: $196,166
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Nov 01, 2048



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northwest


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Nearby Rentals

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$1,850 /mo

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  • 1,248 ft²
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$1,750 /mo

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Unit for rent at

$1,700 /mo

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Frequently Asked Questions

When was property at 116 Markella Road built and last sold?
The property at 116 Markella Road was built in 1959 and last sold on Jun 5, 2023 for $325,900.
How much is this home worth?
The estimated value of the home located at 116 Markella Road is $201,277.
What are some comparable homes to 116 Markella Road?
There are currently no comparable homes to 116 Markella Road.

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