NOT LISTED FOR SALE

1008 Highway 98 E Unit 121 Destin, FL 32541

Estimated Value: $731,000 - $840,000

2 Beds
2 Baths
1,300 Sq Ft
$723/mo HOA Fee

Last Sold February 04, 2022

Last sale price $750,000 $577 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,421/month

24 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Main Floor Primary Bedroom
  • Destin Elementary School Rated A-
  • Gated Community
  • Furnished

About This Home

As of February 2022

Experience an exceptional level of luxury and style in this magnificent HIGHLY DESIRED EAST END STACK condominium in Destin Towers. Southern Living Magazine chose Destin Towers as one of its ''Condo Favorites''! A winning marriage of a spacious floor plan and an ideal location tucked away in the heart of Destin that affords stunning Gulf front views and the utmost privacy. The entire building was renovated in 2006 and because of the construction techniques, it qualifies for an insurance premium reduction and a ''Superior'' rating from Citizens Insurance Company. Large living area overlooks the Gulf, as does the Gulf front Master Suite which has balcony access. Spacious guest room with adjoining bath, a fully stocked kitchen, and a laundry room with full sized washer/dryer.

Last Agent to Sell the Property

John Moran

Keller Williams Realty Destin Listed on: 11/12/2021

Keller Williams Realty Destin

Last Buyer's Agent

Tracy Wood

NextHome Cornerstone Realty License #3255537

NextHome Cornerstone Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,079

Year Built

  • Built in 1984

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $723 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Concrete Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Living Room
  • Tile Flooring
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0628-0000-0122

Community Details

Overview

  • Association fees include accounting, ground keeping, legal, management, master, recreational faclty, sewer, water, cable TV, trash
  • Destin Towers Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Recreation Room
  • Elevator

Recreation

  • Beach

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,079

Year Built

Built in 1984

Lot Details

0

HOA Fees

$723 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: DESTIN TOWERS CONDO
  • Directions: Head E on Hwy 98 from Destin Bridge. Destin Towers Condo will be on the right.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1984
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Special Features: None

Interior Features

  • Appliances: Disposal, Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Tile, Furnished - All
  • Master Bedroom:First: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Interior:Furnished - All: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Balcony, Deck Covered
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered
  • General Property Info:Garage2: No
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Elevators, Gated Community, TV Cable, Waterfront
  • Association #2 Fee: 722.65
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Legal, Management, Master Association, Recreational Faclty, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-0628-0000-0122
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5078.57
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Feb 4, 2022
Sold by
Gretchen Garland
Bought by
Xu Rui and Liu Ruihua
Seller's Agent
John Moran
Keller Williams Realty Destin
Buyer's Agent
Tracy Wood
NextHome Cornerstone Realty
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$769,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,990
Avg. Annual Appreciation
1.55%
Original Mortgage
$647,200
Outstanding Balance
$602,558
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$190,160

Purchase Details

Closed on
Jan 2, 2001
Sold by
Carroll Sherrill S
Bought by
Garland Gretchen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Xu Rui $750,000 Mark A Violette Pa
Garland Gretchen $273,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Rui $647,200
Previous Owner Garland Gretchen $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $750,000 0.0% $577 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $750,000 -- $577 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $7,155 $598,950 -- $598,950
2023 $7,155 $598,950 $0 $598,950
2022 $5,998 $544,500 $0 $544,500
2021 $5,163 $415,800 $0 $415,800
2020 $5,079 $405,900 $0 $405,900
2019 $4,835 $381,150 $0 $381,150
2018 $4,449 $346,500 $0 $0
2017 $4,309 $329,670 $0 $0
2016 $4,456 $343,035 $0 $0
2015 $4,459 $336,600 $0 $0
2014 $4,341 $323,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 880780

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0628-0000-0122