Last Sold Price
3 beds1,540 sqft$117/sqft
159 Michigan Ln, DeFuniak Springs, FL 32433

Description

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...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!
LISTING CLOSED: 03/06/2026 12:00 AM

  1. Listed by Cosmo M Spellings • Brokerage DRE #1033115 • Assurance Realty of NWFL LLC
    P: (850) 699-1856 C: (850) 699-1856 cosmo@nwfl4sale.com

Property Details for 159 Michigan Lane

Status
MLS #
992038
Days on Market
20
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Detached Single Family
Year Built
2006
Lot Size
5.33 AC / 232,174 SF
Zoning
Resid Single Family
Architectural Style
Ranch
Subdivision Name
NA

Location

Listing Courtesy of Assurance Realty of NWFL LLC

Sold By Assurance Realty of NWFL LLC

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Building Information for 159 Michigan Lane

Stories1Year Built2006Building Size-Lot Size5.33 AC / 232,174 SF

Payment Calculator

$1,040 per month

30 year fixed, 6.55% Interest

Principal and Interest

$915

Property Taxes

$125

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 159 Michigan Lane

Summary
Location and General Information
  • Directions: From Hwy 90 and Kings Lake Rd. Go N on Kings Lake Rd. Turn right on to Mosley Rd then Mosley turns into Michigan Ln. Look driveway next to the mailbox with the address on the left. Follow drive to home which is hidden from the road. This is a flag pole lot.
  • Road Frontage Type: County Road
  • MLS Area Minor: 2306 - Northwest DeFuniak/King's Lake
  • MLS Area Major: 23 - North Walton County
  • Latitude: 30.754486
  • Longitude: -86.196771
  • Location Tax and Legal:Sub Area: 2306 - Northwest DeFuniak/King's Lake
  • Location Tax and Legal:Elementary School: Maude Saunders
  • Location Tax and Legal:Middle School: Walton
  • Location Tax and Legal:High School: Walton
  • Location Tax and Legal:Legal Description: Lengthy in file
  • Garage: false
Taxes and HOA
  • Tax Legal Description: Lengthy in file
  • Parcel Number: 13-3N-20-28000-012-0050
  • Association Fee: $0
School Information
  • Elementary School: Maude Saunders
  • Middle Or Junior School: Walton
  • High School: Walton
Parking
  • Carport YN: No
Property
Lot Information
  • Building Area Source: County PA Records
  • Lot Size Dimensions: IRR
  • Lot Size Acres: 5.33
  • Lot Size Area: 5.33
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Lot Features: Irregular, Wooded
  • Building Area Total: 1540.0
  • Lot Size Square Feet: 232174.8
  • General Property Info:SqFt Source: County PA Records
  • LotParcel Access: County Road, Paved Road
  • Lot Features: Irregular, Wooded
Property and Assessments
  • Road Surface Type: Paved
  • Floor Plans Count: 0.0
  • Property Type: Residential
  • Year Built: 2006.0
  • Property Sub Type: Detached Single Family
  • New Construction YN: No
  • General Property Info:Sub-Type: Detached Single Family
  • General Property Info:Design: Ranch
  • Listing Info Tax Legal:Homestead: false
  • Construction Status: Construction Complete
  • Construction Siding: Roof Composite Shngl, Siding CmntFbrHrdBrd
  • Occupancy Status: Vacant
Utilities
  • Sewer: Septic Tank
  • Water Source: Well
  • Utilities: Private Well, Septic Tank
  • Energy: Water Heater - Elect
Interior and Exterior Features
Exterior Features
  • Construction Materials: Siding CmntFbrHrdBrd
  • Stories: 1.0
  • General Property Info:Pool: No
  • General Property Info:Pool Type: None
Interior Features
  • Interior Features: Ceiling Tray/Cofferd, Ceiling Vaulted
  • Flooring: Floor Tile
  • Room Type: Master Bedroom, Master Bathroom, Kitchen, Living Room, Bedroom, Full Bathroom
  • Rooms Total: 7.0
  • Bathrooms Total Integer: 2.0
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Notational: 2.0
  • Bedrooms Total: 3.0
  • Bathrooms Full: 2.0
  • Bathrooms Half: 0.0
  • Interior: Ceiling TrayCofferd, Ceiling Vaulted, Floor Tile
Room Information
Room 1
  • Room Type: Master Bedroom
  • Room Level: First
  • Room Length: 14.0
  • Room Width: 14.0
  • Room Dimensions: 14 x 14
Room 2
  • Room Type: Master Bathroom
  • Room Level: First
  • Room Length: 10.0
  • Room Width: 8.0
  • Room Dimensions: 10 x 8
Room 3
  • Room Type: Kitchen
  • Room Level: First
  • Room Length: 14.0
  • Room Width: 10.0
  • Room Dimensions: 14 x 10
Room 4
  • Room Type: Living Room
  • Room Level: First
  • Room Length: 23.0
  • Room Width: 15.0
  • Room Dimensions: 23 x 15
Room 5
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 13.0
  • Room Width: 12.0
  • Room Dimensions: 13 x 12
Room 6
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 13.0
  • Room Width: 12.0
  • Room Dimensions: 13 x 12
Room 7
  • Room Type: Full Bathroom
  • Room Level: First
  • Room Length: 6.0
  • Room Dimensions: 6 x 5
Rental
Rent Information
  • General Property Info:Immediate Occupancy: true
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for 159 Michigan Lane

DateEvent & SourcePriceAppreciation
Mar 6, 2026

Sold

ECAR #992038

$180,000
Feb 3, 2026

Sold (Public Record)

Public Record #1931411124

$180,000

+2.4% / yr

Jan 20, 2026

Pending

ECAR #992038

DateEvent & SourcePrice
03/06/2026

Sold

ECAR #992038

$180,000
02/03/2026

Sold (Public Record)

Public Record #1931411124

$180,000

+2.4% / yr

01/20/2026

Pending

ECAR #992038

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 159 Michigan Lane

Taxable ValueLand$42,640Additions$142,770Total$185,410
Tax Record2025$1,498 ($125 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,540 SqFtAbove Grade Finished SqFt1,540 SqFtStories1Lot Size232,175 SqFtStyleSingle Family ResidenceYear Built2006Year Renovated2006ZoningRRCountyWALTONAPN13-3N-20-28000-012-0050

Schools near 159 Michigan Lane

This home is within Walton.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Maude Saunders Elementary School
PublicK to 5

West Defuniak Elementary School
PublicK to 5

Walton Middle School
Public6 to 8

Walton High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 159 Michigan Lane, DeFuniak Springs, FL 32433
$180,000
3
1,540
232,174
3
2
1,168
199,069
1
784
123,710
$170,000
4
1,874
58,370
$22,500
832,867
$152,000
827,640

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Assurance Realty of NWFL LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.