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554 Magnolia Lake Dr

DeFuniak Springs, FL 32433

3 bd 3 ba 2,161 sqft Built 2006 Lot 13,939 sqft single_family
Most recent sale
$475,000
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 24, 2025 Listed $499,900 EmeraldCoast
Jul 2, 2025 Price changed $499,900 EmeraldCoast
May 14, 2025 Listed $524,900 EmeraldCoast
Aug 22, 2022 Sold $475,000 Public Record
Jul 28, 2022 Sold $475,000 EmeraldCoast
May 19, 2022 Listed $475,000 MLS #898908
Apr 19, 2016 Sold $249,900 MLS #742354
Nov 27, 2015 Listed $259,900 MLS #742354
Nov 22, 2015 Listed $259,900 MLS #742354

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $281,861 $56,000 $337,861 $4,055
2023 $288,468 $45,000 $333,468 $4,023
2021 $242,728 $2,808
2020 $239,377 $2,729
2019 $233,995 $2,553
2018 $141,082 $88,550 $229,632 $2,503
2017 $141,712 $88,550 $230,262 $2,519
2016 $180,886 $1,872
2015 $135,354 $44,275 $179,629 $1,880
2014 $199,773 $2,177
2013 $157,074 $44,275 $201,349 $2,216
2012 $201,349 $2,103
2011 $201,349 $2,027
2010 $202,925 $2,134
2009 $225,565 $2,330
2008 $228,982 $2,241

Property facts

Year built
2006
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,161 sqft
Lot size
13,939 sqft
ZIP code
32433
City
DeFuniak Springs
Street
Magnolia Lake Dr
Coordinates
30.75306, -86.12679

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,998
Gross rental yield
10.10%
Implied cap rate
6.57%
Trend-extrapolated value

Frequently asked questions

When did 554 Magnolia Lake Dr last sell?
554 Magnolia Lake Dr most recently sold on Aug 22, 2022 for $475,000.
What is the current tax assessment for 554 Magnolia Lake Dr?
The most recent total assessment for 554 Magnolia Lake Dr (year 2025) is $337,861 with $4,055 in property tax.
How does 554 Magnolia Lake Dr's assessment compare to its last sale price?
The current assessment is 28.9% below the last sale price of $475,000.
When was 554 Magnolia Lake Dr built?
554 Magnolia Lake Dr was built in 2006.
How does 554 Magnolia Lake Dr compare to others on Magnolia Lake Dr?
We track 8 other properties on Magnolia Lake Dr. Browse the list under "Other properties on Magnolia Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 554 Magnolia Lake Dr?
554 Magnolia Lake Dr is a 3 bed, 3 bath, 2,161 sqft, 13,939 sqft lot single_family.
Is 554 Magnolia Lake Dr a flip candidate?
No — 554 Magnolia Lake Dr does not appear in our flips dataset.
Is 554 Magnolia Lake Dr a tax-appeal candidate?
No — 554 Magnolia Lake Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.1%
Implied 1-yr
-0.5%
2026 Q3
$248.2K
2026 Q4
$247.9K
ZIP 32433 — Median Price History + Forecast

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