NOT LISTED FOR SALE

1 Pine Ridge Trace Destin, FL 32541

Estimated Value: $195,000 - $227,039

2 Beds
2 Baths
968 Sq Ft
$219/Sq Ft Est. Value

Last Sold December 12, 2024

Last sale price $207,000 $214 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,284/month

12 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Woodwork
  • Destin Elementary School Rated A-
  • Interior Lot
  • Breakfast Bar

About This Home

As of December 2024

This HUD REO presents a great opportunity live in the heart of Destin and not break the bank. This 2 bed 2 full bath single story Townhouse was built in 1984, and is an end unit with a large yard that is not typical for most Townhomes. Home has tiled floors, vaulted ceilings, and tiled showers. Much of the unit was updated at some time in the past and with just a little bit of work can shine. A definite must see if looking to be in the heart of Destin. This home is FHA insurable with escrow (IE).

Last Agent to Sell the Property

Cosmo Spellings

Assurance Realty of NWFL LLC License #3113695 Listed on: 10/11/2024

Last Buyer's Agent

Cosmo Spellings

Assurance Realty of NWFL LLC License #3113695 Listed on: 10/11/2024

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1984

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 32x95x32x95
  • Back Yard Fenced
  • Level Lot

Home Design

  • Frame Construction
  • Composition Shingle Roof
  • Wood Siding
  • Wood Trim
  • Stucco

Interior Spaces

  • 968 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Living Room
  • Dining Area

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Home Security

Outdoor Features

  • Deck

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available

Community Details

  • Pine Ridge Trace Resub Subdivision
  • Fire and Smoke Detector

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2077-0000-0010

Townhouse Details

Home Type

Townhome

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Lot Size: 32X95X32X95
  • Road Surface Type: Paved
  • Subdivision Name: PINE RIDGE TRACE RESUB
  • Directions: From Hwy 98 turn onto Main St. Follow Main St to right onto North Lakeside Dr, the left onto Pine Ridge Trace. Home is on the left.
  • Architectural Style: Townhome
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1984
  • Remarks Misc:Remarks: This HUD REO presents a great opportunity live in the heart of Destin and not break the bank. This 2 bed 2 full bath single story Townhouse was built in 1984, and is an end unit with a large yard that is not typical for most Townhomes. Home has tiled floors, vaulted ceilings, and tiled showers. Much of the unit was updated at some time in the past and with just a little bit of work can shine. A definite must see if looking to be in the heart of Destin. This home is FHA insurable with escrow (IE).
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Rooms:Dining Area: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Ceiling Cathedral, Floor Tile, Woodwork Painted
  • Appliances:StoveOven Electric: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Interior:Ceiling Cathedral: Yes
  • Interior:Woodwork Painted: Yes

Exterior Features

  • Lot Features: Interior, Level, Within 1/2 Mile to Water
  • Construction Type: Frame, Roof Composite Shngl, Wood Siding, Stucco, Trim Wood
  • Exterior Features: Deck Open, Fenced Back Yard, Fenced Privacy
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • ConstructionSiding:Trim Wood: Yes
  • ConstructionSiding:Siding Wood: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 3049.2
  • Parcel #: 00-2S-22-2077-0000-0010
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Dec 12, 2024
Sold by
Secretary Of Housing & Urban Development
Bought by
Debarros Gabriel
Seller's Agent
Cosmo Spellings
Assurance Realty of NWFL LLC
Buyer's Agent
Cosmo Spellings
Assurance Realty of NWFL LLC
List Price
$220,000
Sold Price
$207,000
Premium/Discount to List
-$13,000
-5.91%
Views
23
Current Estimated Value
$211,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,510
Avg. Annual Appreciation
1.94%
Original Mortgage
$165,600
Outstanding Balance
$163,849
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$47,661

Purchase Details

Closed on
Jun 3, 2024
Sold by
Phillips Carter
Bought by
Lakeview Loan Servicing Llc

Purchase Details

Listed on
Sep 2, 2022
Closed on
Oct 5, 2022
Sold by
Rose Christopher M
Bought by
Phillips Carter L
Seller's Agent
Jim Gilliland
RE/MAX Gulf Coast Realty
Buyer's Agent
Callan Edick
Keller Williams Realty Destin
List Price
$269,900
Sold Price
$269,900
Views
72

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.10%
Original Mortgage
$260,892
Interest Rate
5.55%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 23, 2010
Sold by
Vanjason
Bought by
Rose Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2004
Sold by
Estes James T and Estes Kimberly R
Bought by
Vanjason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2003
Sold by
Tatro Richard P and Tatro Janet J
Bought by
Estes James T and Estes Kimberly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,460
Interest Rate
5.79%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Debarros Gabriel $207,000 Knight Barry Title
Lakeview Loan Servicing Llc -- --
Phillips Carter L $269,900 Vintage Title & Escrow
Rose Christopher M $90,000 Touchstone Land Title Inc
Vanjason $172,000 --
Estes James T $73,000 Associated Land Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Debarros Gabriel $165,600
Previous Owner Phillips Carter L $260,892
Previous Owner Rose Christopher M $72,000
Previous Owner Vanjason $137,600
Previous Owner Estes James T $74,460
Closed Vanjason $25,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2024 12/12/24 Sold $207,000 -5.9% $214 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $220,000 -18.5% $227 / Sq Ft
10/05/2022 10/05/22 Sold $269,900 0.0% $279 / Sq Ft View Prior Sale
09/06/2022 09/06/22 Pending -- -- --
09/02/2022 09/02/22 Price Changed $269,900 0.0% $279 / Sq Ft
09/02/2022 09/02/22 For Sale $269,900 -1.8% $279 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/13/2022 08/13/22 Price Changed $274,900 -1.8% $284 / Sq Ft
08/01/2022 08/01/22 For Sale $279,900 0.0% $289 / Sq Ft
06/01/2013 06/01/13 Rented $1,095 0.0% --
06/01/2013 06/01/13 Under Contract -- -- --
05/03/2013 05/03/13 For Rent $1,095 -- --
Source: Emerald Coast Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,210 $186,615 $70,000 $116,615
2024 $2,310 $199,462 $70,000 $129,462
2023 $2,310 $193,347 $70,000 $123,347
2022 $367 $61,785 $0 $0
2021 $370 $59,985 $0 $0
2020 $368 $59,157 $0 $0
2019 $366 $57,827 $0 $0
2018 $364 $56,749 $0 $0
2017 $182 $55,582 $0 $0
2016 $355 $54,439 $0 $0
2015 $361 $54,061 $0 $0
2014 $362 $53,632 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 960888

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2077-0000-0010