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Sold for $370,000
    • $370,000

    504 Fallin Waters Dr, Mary Esther, FL 32569

    4beds
    2,378sqft
    Single Family Residence
    Built in 1998
    7,405 Square Feet Lot
    $556,900 Zestimate®
    $156/sqft
    $2,895 Estimated rent

    Home value

    $556,900

    $512,000 - $607,000

    $2,895/mo

    Zestimate® history
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    What's special

    This waterfront community REO property comes with amazing potential! Conveniently located to Hurlburt Field, Eglin Access, Beaches, Shopping, and so much more - this Brick/Stucco home has 2 car garage, fenced back yard, and enclosed sunroom/patio area. A uniquely designed floor plan, inside you will find split bedroom design with a 1/2 bath guests that is also connected to a large office, built in shelving, high ceilings, and a large master bedroom that opens to the enclosed patio. The master bath is large as well and has walk in closets, garden tub and shower. Multiple living spaces in this 2378 sf home, including living space with fireplace next to the kitchen. This one is a must see to appreciate the opportunities. Home is financeable with escrow (I/E).

    Zillow last checked:

    Listing updated:

    Listed by:

    Cosmo M Spellings 850-699-1856,

    Assurance Realty of NWFL LLC

    Bought with:

    Cosmo M Spellings, 3113695

    Assurance Realty of NWFL LLC

    Source: ECAOR,MLS#: 936674MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: First
    • Area: 288 Square Feet
    • Dimensions: 18 x 16
    Bedroom
    • Level: First
    • Area: 156 Square Feet
    • Dimensions: 13 x 12
    Bedroom
    • Level: First
    • Area: 156 Square Feet
    • Dimensions: 13 x 12
    Bedroom
    • Level: First
    • Area: 156 Square Feet
    • Dimensions: 13 x 12
    Primary bathroom
    • Level: First
    • Dimensions: 0 x 0
    Bathroom
    • Level: First
    • Dimensions: 0 x 0
    Bathroom
    • Level: First
    • Dimensions: 0 x 0
    Breakfast room
    • Level: First
    • Area: 64 Square Feet
    • Dimensions: 8 x 8
    Dining room
    • Description: Formal
    • Level: First
    • Area: 182 Square Feet
    • Dimensions: 14 x 13
    Family room
    • Level: First
    • Area: 224 Square Feet
    • Dimensions: 16 x 14
    Florida room
    • Level: First
    • Area: 396 Square Feet
    • Dimensions: 33 x 12
    Garage
    • Level: First
    • Area: 483 Square Feet
    • Dimensions: 23 x 21
    Kitchen
    • Level: First
    • Area: 120 Square Feet
    • Dimensions: 12 x 10
    Living room
    • Level: First
    • Area: 196 Square Feet
    • Dimensions: 14 x 14
    Heating
    • Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Microwave, Gas Water Heater
    • Laundry: Washer/Dryer Hookup
    Features
    • Central Vacuum, Breakfast Bar, Bookcases, Crown Molding, Vaulted Ceiling(s), Tray Ceiling(s), Recessed Lighting, Shelving, Split Bedroom, Woodwork Painted
    • Flooring: Tile, Carpet
    • Windows: Double Pane Windows, Skylight(s), Window Treatments, Bay Window(s)
    • Attic: Pull Down Stairs
    • Has fireplace: Yes
    • Fireplace features: Gas
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,378
    • Total interior livable area: 2,378 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, Garage
    • Attached garage spaces: 2
    Features
    • Stories: 1
    • Exterior features: Private Yard, Sprinkler System
    • Has view: Yes
    • View description: Intracoastal Waterwy
    • Has water view: Yes
    • Water view: Intracoastal Waterwy
    Lot
    • Size: 7,405 Square Feet
    • Dimensions: 80 x 90
    • Features: Covenants, Dead End, Level, Restrictions, Within 1/2 Mile to Water
    Details
    • Parcel number: 142S250536000A0030
    • Zoning description: Resid Single Family
    • Special conditions: Real Estate Owned

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Frame, Siding Brick Some, Stucco, Trim Vinyl
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Construction Complete
    • New construction: No
    • Year built: 1998

    Utilities & green energy

    • Water: Public
    Green energy
    • Energy efficient items: Doors

    Community & HOA

    Community
    • Features: Beach, Deed Access, Dock, Fishing
    • Security: Smoke Detector(s)
    • Subdivision: FALLIN WATERS
    HOA
    • Has HOA: Yes
    • Services included: Recreational Faclty
    Location
    • Region: Mary Esther

    Financial & listing details

    • Price per square foot: $156/sqft
    • Tax assessed value: $581,372
    • Annual tax amount: $6,921
    • Date on market: 11/15/2023
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/30/2026Listing removed$2,995$1/sqft
    Source: Zillow Rentals Report a problem
    7/20/2026Price change$2,995-6.4%$1/sqft
    Source: Zillow Rentals Report a problem
    6/23/2026Listed for rent$3,200+6.8%$1/sqft
    Source: Zillow Rentals Report a problem
    5/10/2025Listing removed$2,995$1/sqft
    Source: Zillow Rentals Report a problem
    4/24/2025Price change$2,995-6.4%$1/sqft
    Source: Zillow Rentals Report a problem
    3/29/2025Listed for rent$3,200$1/sqft
    Source: Zillow Rentals Report a problem
    3/22/2025Listing removed$3,200$1/sqft
    Source: Zillow Rentals Report a problem
    3/15/2025Listed for rent$3,200$1/sqft
    Source: Zillow Rentals Report a problem
    2/21/2024Sold$370,000+60.5%$156/sqft
    Source: ECAOR #936674 Report a problem
    9/29/2009Sold$230,600-5.1%$97/sqft
    Source: Public Record Report a problem
    1/31/2003Sold$243,000$102/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,921 +0.3%$581,372 +1.2%
    2024$6,902 +5.6%$574,623 +1.1%
    2023$6,535 +10.3%$568,258 +6.6%
    2022$5,925 +14.5%$532,950 +27.2%
    2021$5,173 +77.8%$418,831 +49.1%
    2020$2,910 +3.1%$280,984 +2.3%
    2019$2,822 +4.9%$274,667 +1.9%
    2018$2,689 $269,546 +2.1%
    2017$2,689 +0.3%$264,002 +2.1%
    2016$2,680 +2.8%$258,572 +0.7%
    2015$2,607 -2.5%$256,775 +0.8%
    2014$2,673 $254,737 +1.5%
    2013-- $250,972 +0%
    2012-- $250,870 -4.4%
    2011-- $262,491 -2.6%
    2010-- $269,491 +4.3%
    2009-- $258,275 +0.1%
    2008-- $258,017 +3%
    2007-- $250,502 +2.5%
    2006-- $244,392 +3%
    2005-- $237,274 +3%
    2004-- $230,363 +6.3%
    2003-- $216,783 +3.4%
    2002-- $209,625 +2.2%
    2001-- $205,129
    Find assessor info on the county website

    Neighborhood: 32569

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Florosa
    • Middle: Bruner
    • High: Fort Walton Beach

    Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $556,900
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    +$11,138
    With Zillow Showcase(estimated)
    $568,038
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $556,900
    2% more
    +$11,138
    With Zillow Showcase(estimated)
    $568,038

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