NOT LISTED FOR SALE

Estimated Value: $266,000 - $289,000

3 Beds
2.5 Baths
1,622 Sq Ft
$110/mo HOA Fee

Last Sold July 19, 2024

Last sale price $280,000 $173 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,842/month

146 Days on Market

Highlights

  • Living Room
  • Central Heating
  • Stacked Washer and Dryer
  • Fort Walton Beach High School Rated A

About This Home

As of July 2024

$2,000 seller concession with acceptable offer if buyer uses preferred lender! Back on market, no fault to seller. Buyer could not obtain financing due to personal reasons.Welcome to 637 Gap Creek Drive in the heart of Fort Walton Beach - an inviting townhome that seamlessly blends comfort, convenience, and coastal charm. This attached unit features 3 oversized bedrooms, 2.5 bathrooms, and an array of amenities tailored for families, military members, or those seeking a lucrative rental opportunity.Step into a residence where thoughtful design meets practical living. The master bedroom, strategically positioned on the bottom floor, provides a retreat-like haven, ensuring privacy and ease of access. Upstairs, two additional spacious bedrooms share a generously sized bathroom complete with a double vanity and ample cabinet storage.The home's kitchen boasts newer energy-efficient appliances, offering both modern functionality and environmental consciousness. From downtown Fort Walton Beach to Elgin Air Force Base, local hospitals, and various job opportunities, this property enjoys a prime location with easy access to essential amenities.Explore the nearby attractions, including shopping centers, movie theaters, jump parks, and more. The convenience extends to the beautiful beaches of Destin and Fort Walton, just a quick drive away, providing the perfect backdrop for coastal living.Recent upgrades enhance the interior, with brand new LVP flooring gracing the main living areas on the first floor. The entire home has been freshly painted, creating a clean and welcoming ambiance.This property not only caters to families but also offers an excellent investment opportunity for military members looking to own or rent to fellow service personnel. Embrace the Gulf Coast lifestyle, where this townhome at 637 Gap Creek Drive becomes not just a home but a gateway to the best of Fort Walton Beach and its surrounding areas.Discover the perfect blend of functionality and style - schedule a viewing today and make this property your own!

Last Listed By

Jamie Sheehan

Own It Real Estate LLC License #SL3494775 Listed on: 12/15/2023

Own It Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,451

Year Built

  • Built in 2009

Lot Details

  • 0.68

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,622 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Bruner Middle School
  • Fort Walton Beach High School

Utilities

  • Central Heating
  • Electric Water Heater

Community Details

  • Association fees include management
  • 5 Units
  • Low-Rise Condominium

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,451

Year Built

Built in 2009

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2009
  • Property Sub Type: Condominium
  • Road Frontage Type: City Street
  • Subdivision Name: Other
  • Architectural Style: Low Rise
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1622.0
  • Dining Room Type: Bedroom, Living Room, Primary Bedroom
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Assigned
  • Garage: No

Utilities

  • Utilities: Electricity Connected, Water Available
  • Heating: Central
  • Laundry Features: Stacked
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 110.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Middle Or Junior School: Bruner

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units In Community: 5

MLS Schools

  • Elementary School: Other
  • High School: Fort Walton Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Jul 19, 2024
Sold by
Mckenzie Tyrone Ivan
Bought by
Thompson Errol and Thompson Rosemarie
Seller's Agent
Jamie Sheehan
Own It Real Estate LLC
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$300,000
Sold Price
$280,000
Premium/Discount to List
-$20,000
-6.67%
Total Days on Market
146
Views
102
Current Estimated Value
$273,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,340
Avg. Annual Appreciation
-2.97%
Original Mortgage
$224,000
Outstanding Balance
$223,301
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$50,359

Purchase Details

Listed on
Aug 17, 2021
Closed on
Oct 6, 2021
Sold by
Gap Creek Fwb Development Inc
Bought by
Mckenzie Tyrone Ivan
Seller's Agent
ecn.rets.e1120
ecn.rets.RETS_OFFICE
Buyer's Agent
Carolyn Orsua
Keller Williams Realty Destin
List Price
$226,600
Sold Price
$226,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$231,811
Interest Rate
2.8%
Mortgage Type
VA

Range of Values:

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Average Value
Not Available
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
Thompson Errol $280,000 Mcneese Title
Mckenzie Tyrone Ivan $226,600 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Errol $224,000
Previous Owner Mckenzie Tyrone Ivan $231,811
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $280,000 0.0% $173 / Sq Ft
03/06/2024 03/06/24 Price Changed $280,000 -3.4% $173 / Sq Ft
01/25/2024 01/25/24 Price Changed $290,000 -3.3% $179 / Sq Ft
12/15/2023 12/15/23 For Sale $300,000 +32.4% $185 / Sq Ft
10/08/2021 10/08/21 Sold $226,600 0.0% $140 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $226,600 -- $140 / Sq Ft
Source: Central Panhandle 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 $2,451 $198,000 -- $198,000
2023 $2,451 $198,000 $0 $198,000
2022 $2,247 $180,000 $0 $180,000
2021 $1,092 $85,000 $0 $85,000
2020 $1,036 $80,000 $0 $80,000
2019 $1,010 $77,000 $0 $77,000
2018 $996 $75,000 $0 $0
2017 $960 $72,000 $0 $0
2016 $954 $72,000 $0 $0
2015 $968 $72,000 $0 $0
2014 $956 $71,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Central Panhandle Association of REALTORS®

MLS Number: 750364

Central Panhandle Association of REALTORS®

APN: 10-2S-24-1020-0000-0070