507 Fallin Water Dr
Mary Esther, FL 32569
4 bd 3 ba 2,911 sqft Built 1996 Lot 7,405 sqft single_family
Most recent sale
$590,000
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 30, 2022 | Sold | $590,000 | MLS #613838 |
| Sep 21, 2022 | Relisted | $590,000 | MLS #613838 |
| Aug 11, 2022 | Price changed | $590,000 | MLS #613838 |
| Aug 4, 2022 | Listed | $600,000 | MLS #613838 |
| Jul 30, 2022 | Price changed | $600,000 | MLS #903893 |
| Jul 23, 2022 | Price changed | $615,000 | MLS #903893 |
| Jul 18, 2022 | Listed | $625,000 | MLS #903893 |
| Jan 11, 2021 | Sold | $359,000 | Public Record |
| Jan 4, 2021 | Sold | $359,000 | EmeraldCoast |
| Dec 1, 2020 | Price changed | $359,000 | MLS #859074 |
| Nov 11, 2020 | Listed | $369,000 | MLS #859074 |
| Mar 25, 2018 | Listing removed | $319,000 | EmeraldCoast |
| Mar 19, 2018 | Price changed | $319,000 | MLS #782530 |
| Feb 20, 2018 | Price changed | $329,000 | MLS #782530 |
| Jan 30, 2018 | Price changed | $339,000 | MLS #782530 |
| Dec 1, 2017 | Price changed | $349,000 | MLS #782530 |
| Oct 31, 2017 | Price changed | $339,000 | MLS #782530 |
| Sep 1, 2017 | Listed | $349,000 | MLS #782530 |
| Oct 25, 2016 | Listing removed | $319,000 | EmeraldCoast |
| Sep 4, 2016 | Price changed | $319,000 | MLS #759779 |
| Aug 31, 2016 | Price changed | $329,000 | MLS #759779 |
| Aug 29, 2016 | Listed | $339,000 | MLS #759779 |
| Sep 21, 2015 | Listing removed | $329,000 | EmeraldCoast |
| Sep 14, 2015 | Listed | $329,000 | MLS #738195 |
| Apr 10, 2014 | Sold | $195,000 | Public Record |
| Feb 9, 2011 | Sold | $76,500 | Public Record |
| Jul 21, 2009 | Listing removed | $399,900 | EmeraldCoast |
| Jan 20, 2009 | Listed | $399,900 | MLS #509146 |
| Sep 1, 1997 | Sold | $232,800 | Public Record |
| May 1, 1995 | Sold | $48,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $389,666 | $135,514 | $525,180 | $5,726 |
| 2024 | $389,666 | $135,514 | $525,180 | $5,623 |
| 2023 | $407,123 | $90,851 | $497,974 | $5,554 |
| 2022 | $325,189 | $84,908 | $410,097 | $4,455 |
| 2021 | $297,911 | $75,810 | $373,721 | $4,616 |
| 2020 | $320,231 | $74,317 | $394,548 | $4,713 |
| 2019 | $290,434 | $70,778 | $361,212 | $4,287 |
| 2018 | $276,356 | $68,716 | $345,072 | $3,977 |
| 2017 | $260,863 | $68,716 | $329,579 | $3,874 |
| 2016 | $253,473 | $66,073 | $319,546 | $3,730 |
| 2015 | $241,806 | $62,927 | $304,733 | $3,671 |
| 2014 | — | — | $284,239 | $3,471 |
| 2013 | — | — | $275,251 | $3,359 |
| 2012 | — | — | $275,150 | $3,298 |
| 2011 | — | — | $288,011 | $3,536 |
| 2010 | — | — | $295,471 | $3,560 |
| 2009 | — | — | $323,830 | $3,936 |
| 2008 | — | — | $361,223 | $4,388 |
Property facts
Year built
1996
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,911 sqft
Lot size
7,405 sqft
ZIP code
32569
City
Mary Esther
Street
Fallin Water Dr
Coordinates
30.41045, -86.71506
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,385
Gross rental yield
10.95%
Implied cap rate
7.12%
Trend-extrapolated value
—
Frequently asked questions
When did 507 Fallin Water Dr last sell?
507 Fallin Water Dr most recently sold on Sep 30, 2022 for $590,000.
What is the current tax assessment for 507 Fallin Water Dr?
The most recent total assessment for 507 Fallin Water Dr (year 2025) is $525,180 with $5,726 in property tax.
How does 507 Fallin Water Dr's assessment compare to its last sale price?
The current assessment is 11.0% below the last sale price of $590,000.
When was 507 Fallin Water Dr built?
507 Fallin Water Dr was built in 1996.
How does 507 Fallin Water Dr compare to others on Fallin Water Dr?
We track 3 other properties on Fallin Water Dr. Browse the list under "Other properties on Fallin Water Dr" to compare beds, baths, and sale history.
What are the property facts for 507 Fallin Water Dr?
507 Fallin Water Dr is a 4 bed, 3 bath, 2,911 sqft, 7,405 sqft lot single_family.
Is 507 Fallin Water Dr a flip candidate?
Yes — 507 Fallin Water Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 507 Fallin Water Dr a tax-appeal candidate?
No — 507 Fallin Water Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+7.4%
Implied 1-yr
+29.7%
2026 Q3
$640.6K
2026 Q4
$640.6K
ZIP 32569 — Median Price History + Forecast
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Geography
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