This REO home rests right on a full acre of level, cleared, fenced land. Located in North Crestview, but only mins from Schools, businesses and churches, this 2 bed 1 bath is both unique and worth a quick look. Built in 1986, this home has vaulted ceilings, fireplace, laminate and tiled floors as well as carpets in bedrooms. Home is nearly 1300 SF but due to conditions may not qualify for all types of financing. Call today to view this home~ Property being sold subject to HUD Guidelines 24 CFR 206.125.
Single-familyProperty Type
1986Year Built
0.99 acresLot Size
$109Est. Price/Sq.Ft.
1 spaceParking
Listed by Cosmo Spellings• Assurance Realty of NWFL LLC
Bought with Claudette Heinrich Realty, Inc. Heinrich• Claudette Heinrich Realty Inc
This REO home rests right on a full acre of level, cleared, fenced land. Located in North Crestview, but only mins from Schools, businesses and churches, this 2 bed 1 bath is both unique and worth a quick look. Built in 1986, this home has vaulted ceilings, fireplace, laminate and tiled floors as well as carpets in bedrooms. Home is nearly 1300 SF but due to conditions may not qualify for all types of financing. Call today to view this home~ Property being sold subject to HUD Guidelines 24 CFR 206.125.
NAMLS #727731
Jul 17, 2015
Listing Removed
—
Apr 17, 2015
Listed
$87,000
$68/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,337 (+7.3%)
$26,411 + $101,045
$127,456
2024
$1,246 (+3.8%)
$26,411 + $101,045
$127,456
2023
$1,201 (+7.2%)
2022
$1,120 (+13.8%)
2021
$984 (+6.4%)
2020
$925 (+3.1%)
$19,961 + $67,359
$87,320
2019
$897 (−4.2%)
$19,570 + $61,415
$80,985
2018
$936 (+2.8%)
$19,570 + $59,939
$79,509
2017
$910 (+2.6%)
$19,570 + $55,877
$75,447
2016
$887 (+3.3%)
$19,570 + $55,877
$75,447
2015
$859 (−1.5%)
$19,000 + $52,456
$71,456
2014
$872
Tax history for 127 STEPHENS Ln
Year
Property tax
Land + Additions
Assessment*
2025
$1,337 (+7.3%)
$26,411 + $101,045
$127,456
2024
$1,246 (+3.8%)
$26,411 + $101,045
$127,456
2023
$1,201 (+7.2%)
2022
$1,120 (+13.8%)
2021
$984 (+6.4%)
2020
$925 (+3.1%)
$19,961 + $67,359
$87,320
2019
$897 (−4.2%)
$19,570 + $61,415
$80,985
2018
$936 (+2.8%)
$19,570 + $59,939
$79,509
2017
$910 (+2.6%)
$19,570 + $55,877
$75,447
2016
$887 (+3.3%)
$19,570 + $55,877
$75,447
2015
$859 (−1.5%)
$19,000 + $52,456
$71,456
2014
$872
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
1 Acre
Year renovated
1986
Sq. Ft.
1,298
Year built
1986
Style
Single Family Residential
County
Okaloosa County
APN
264N23000000020850
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 12, 2026.
R-1
Residential-1 District
The purpose of the residential-1 R-1 district is to provide areas for single-family detached residential dwellings, customary accessory uses, and limited non-residential uses.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Mixed use
Educational/school
Park & open space
Property details
Parking
Parking Information
Garage Spaces: 0.00
Driveway Spaces: 1.00
Interior
Bedroom Information
Bedrooms: 2
Bedroom: First
Master Bedroom: First
Bathroom Information
Full Baths: 1
Half Baths: 0
Total Baths: 1.00
Full Bathroom: First
Master Bedroom/Master Bath: MBed First Floor, MBed Walk-in Closet
Room Information
Rooms: Bedroom, Full Bathroom, Living Room, Master Bedroom
Exterior: Fenced Back Yard, Fenced Chain Link, Patio Open
Lot Information
Acreage: 0.99
Lot Dimensions: 125x359
Lot Features: Cleared, Level
Lot/Parcel Access: County Road, Paved Road
Zoning: County, Residential Single Family
Building Information
Construction Status: Construction Complete
Construction/Siding: Frame, Roof Metal, Siding Vinyl, Slab, Trim Vinyl
Financial
Financial Information
Mortgage Type: Other
Financing: Conventional
Brokerage Interest: No Interest
Utilities
Utility Information
Utilities: Electric, Public Water, Septic Tank
Energy: AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect
Location
School Information
Elementary School: Walker
Middle School: Davidson
High School: Crestview
Location Information
Sub Area: 2505 - Auburn & Garden City
Area: 25 - Crestview Area
Street #: 127
Street Name: STEPHENS
Street Suffix: Lane
City: Crestview
County: Okaloosa
State: FL
Zip Code: 32539
Project Name/Subdivision: HARVEST HILL PH 3
Absolute Longitude: 86.515919
Longitude: -86.515919
Latitude: 30.811202
Directions: Hwy 85 North to right onto Auburn Rd and turn right. Continue on Auburn to right on Tansey. Continue and turn right which will become Stephens. Home is near the end on the right.
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,298
Stories: 1.0
Lot Size: 1 acres
Style: Single Family Residential
Year Built: 1986
Year Renovated: 1986
County: Okaloosa County
APN: 264N23000000020850
Home facts updated by county records on Oct 12, 2026
Other
Listing Price Information
List Price: 44900.00
List Price/SqFt: 35.33
Property Information
Apx SqFt(Htd/Cooled): 1271.00
Below Ground SqFt: 0.00
Design: Ranch
Sub-Type: Detached Single Family
Listing Information
As Is
Immediate Occupancy: Immediate Occupancy
Around this home
Schools
Bob Sikes Elementary School
Public PreK-5 • Assigned • 4.2mi
6/10
Davidson Middle School
Public 6-8 • Assigned • 3.0mi
8/10
Crestview High School
Public 9-12 • Assigned • 3.1mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
4% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 107° expected this year, 19 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Crestview, FL • 32539
Average low and high temperatures (°F)
60
38
70
47
77
52
82
59
85
65
90
71
93
75
89
73
90
67
82
59
74
53
65
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 5.2 hours in December, which is comparable to the
U.S. average for solar exposure.
9.1 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$133,000 – $160,000
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