When was property at 501 Meadow Lake Drive built and last sold?

The property at 501 Meadow Lake Drive was built in 2019 and last sold on Sep 27, 2019 for $445,000.

How much is this home worth?

The estimated value of the home located at 501 Meadow Lake Drive is $0.

What are some comparable homes to 501 Meadow Lake Drive?

There are currently no comparable homes to 501 Meadow Lake Drive.

Freeport

32439

501 Meadow Lake Drive

$620,000

● House - Off Market

501 Meadow Lake Drive

Freeport, FL 32439

4 Beds

3 Baths

$4,015

Est. Monthly

$559

HOA / Fees

2.16%

Cap Rate

About This Property

This move-in-ready Randy Wise home in The Meadows at Hammock Bay offers over 2,500 square feet of beautifully designed living space, all on one level. The thoughtfully designed four-bedroom, three-bathroom home with a private office features an open-concept layout perfect for entertaining. Numerous upgrades in the kitchen, bathrooms, and throughout the home.

Located in the desirable Hammock Bay community, this home includes amenities such as miles of walking paths, fitness center, basketball, tennis, and pickleball courts, three resort-style pools, a clubhouse, a bay pier, a general store, Props Brewery, an events stage, food trucks, and a sports park.

Don't miss out-call today!

Unit Size

Days on Market

47 days

Land Size

Price per sqft

Property Type

House

Property Taxes

$392

HOA Dues

$559

Year Built

2019

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (ECAR #974750)

Price History

Date / Event	Date	Event
Jun 10, 2025	Sold	Premium
Sold
Apr 26, 2025	In contract	-
In contract
Apr 24, 2025	Listed by Hammock Bay	$624,000
Listed by Hammock Bay
Oct 1, 2019	Sold	Premium
Sold

Property Highlights

Garage

Building Info

Overview

General

Year Built: 2019

Effective Year Built: 2019
Building Count: 1
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 3
Partial Bathrooms: 3
Bathroom Plumbing Fixtures: 11
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 2
Interior Walls Type: 14
Roof Shape Type: 7
Roof Cover Type: 3
Floor Count: 100
Floor Cover: 15
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 626
Parking Space Count: 0
Patio Type: 0
Porch Type: 126
Pool Type: 0

Dimensions

Lot Size Square Feet: 10,714

Lot Size Frontage Feet: 1,200
Total Building Area: 3,152
Gross Building Area: 3,152
Building Area: 2,526
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 2,526
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: HAMMOCK BAY PH 2
Land Acres: 0000000246
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: LOT 56 MEADOWS AT HAMMOCK BAY PH 2 PB 20-01 OR 3023-3587 OR 3119-2366

Neighborhood

School District Name: Walton County School District

Census Tract: 950502

Zoning

Zoning: HAMBAY

Geography

Subdivision Phase Number: 2

Parcel: 17-1S-19-23121-000-0560
Block: 5
Lot: 56
Meridian: SEC 17 TWN 01S RNG 019
Municipality: COUNTY
Latitude: 30.4983
Longitude: -86.1747

Address

Full Address: 501 Meadow Lake Dr

Address - House Number: 501
Address - Street Name: Meadow Lake
Address - Suffix Type: Dr
State: FL
City Name: Freeport
Carrier Code: R007
4-Digit Zip Code: 2358
Zip Code: 32439

Valuation

Tax

Total Area: 2,967

Tax Year: 2022
Tax Amount: $430,823
Tax Rate Code Area: 002

Appraisal Valuation

Standard Deviation: 0.2578

Valuation Date: Jan 10, 2024
Confidence Score: 63
Final Value: 662,423
High Value: 833,211
Low Value: 491,635

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $482,130

Market Land Value: $54,928
Market Improvement Value: $427,202

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $372,722

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Sep 27, 2019

Current Sale Recording Date: Oct 01, 2019
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 20190033871

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Freeport

Stats & Trends

Median Asking:

$391,073

Sale Price/ft²

$198

Below Asking

0.03%

Average Days on Market

Average Home Size

2134 ft²

Average Home Age

5.3 years

Currently For Sale

207 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Gina M Walker, Hammock Bay
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 974750

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

501 Meadow Lake Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Freeport

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions