This charming country REO home offers incredible potential for the right buyer. Built in 2006, the house features three bedrooms and two bathrooms spread across 1,540 square feet of living space. The master bath is over sized and the full bathroom is larger for this sized home. Situated on a sprawling 5.33-acre lot, you will have plenty of room for gardening, animals, or outdoor recreation. Home needs work and will not qualify for all financing, but financing is indeed available. This home is perfect for an investor or a handy buyer looking to build equity in a private, rural setting. Call today!
Pending
$189,900
159 Michigan Ln, Defuniak Springs, FL 32433
3beds
1,540sqft
Est.:
Single Family Residence
Built in 2006
5.33 Acres Lot
$-- Zestimate®
$123/sqft
$-- HOA
What's special
Three bedroomsTwo bathroomsMaster bath is oversized
- 60 days |
- 135 |
- 3 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: January 20, 2026 at 06:11am
Listed by:
Cosmo M Spellings 850-699-1856,
Assurance Realty of NWFL LLC
Source: ECAOR,MLS#: 992038
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 196 Square Feet
- Dimensions: 14 x 14
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
- Area: 80 Square Feet
- Dimensions: 10 x 8
Bathroom
- Level: First
- Area: 30 Square Feet
- Dimensions: 6 x 5
Kitchen
- Level: First
- Area: 140 Square Feet
- Dimensions: 14 x 10
Living room
- Level: First
- Area: 345 Square Feet
- Dimensions: 23 x 15
Appliances
- Included: Electric Water Heater
Features
- Tray Ceiling(s), Vaulted Ceiling(s)
- Flooring: Tile
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,540
- Total interior livable area: 1,540 sqft
Property
Features
- Stories: 1
Lot
- Size: 5.33 Acres
- Features: Irregular Lot, Wooded
Details
- Parcel number: 133N20280000120050
- Zoning description: Resid Single Family
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Siding CmntFbrHrdBrd
- Roof: Composition
Condition
- Construction Complete
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Subdivision: NA
Location
- Region: Defuniak Springs
Financial & listing details
- Price per square foot: $123/sqft
- Tax assessed value: $159,891
- Annual tax amount: $1,347
- Date on market: 1/2/2026
- Road surface type: Paved
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
$1,899/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2025 | Sold | $211,000-20.4%$137/sqft |
Source: Public Record Report a problem | ||
| 12/10/2022 | Listing removed | -- |
Source: | ||
| 10/10/2022 | Listed for sale | $265,000+76.7%$172/sqft |
Source: | ||
| 6/8/2018 | Sold | $150,000-11.2%$97/sqft |
Source: | ||
| 4/16/2018 | Listed for sale | $169,000$110/sqft |
Source: Southern Choice Properties Llc #796142 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,347 +4% | $144,420 +10% |
| 2023 | $1,296 +6.7% | $131,291 +10% |
| 2022 | $1,214 +14.2% | $119,355 +10% |
| 2021 | $1,063 +7.8% | $108,505 +10% |
| 2020 | $986 +1.5% | $98,641 +1.1% |
| 2019 | $971 | $97,589 +6.8% |
| 2018 | $971 +66.5% | $91,374 +0.9% |
| 2017 | $583 +0.8% | $90,592 +2.1% |
| 2016 | $578 +2% | $88,729 +0.7% |
| 2015 | $567 -0.7% | $88,112 |
| 2014 | $571 | $88,112 -0.9% |
| 2013 | -- | $88,892 |
| 2012 | -- | $88,892 |
| 2011 | -- | $88,892 -0.9% |
| 2010 | -- | $89,673 -2% |
| 2009 | -- | $91,487 -1.9% |
| 2008 | -- | $93,303 |
| 2007 | -- | $93,303 +700.2% |
| 2005 | -- | $11,660 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,126/mo
Principal & interest
$979
Property taxes
$147
Climate risks
Neighborhood: 32433
Nearby schools
GreatSchools rating
- 8/10Mossy Head SchoolGrades: PK-5Distance: 8 mi
- 7/10Walton Middle SchoolGrades: 6-8Distance: 5.8 mi
- 6/10Walton High SchoolGrades: 9-12Distance: 4.5 mi
Schools provided by the listing agent
- Elementary: Maude Saunders
- Middle: Walton
- High: Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





