Seller's Agent in 2016
John Paul Somers
Somers & Company
(850) 654-7777
88 in this area
288 Total Sales
Emerald Towers 1044 Highway 98 E Unit 1503 Destin, FL 32541
Estimated Value: $1,680,000 - $1,874,315
3
Beds
3.5
Baths
3,100
Sq Ft
$1,315/mo
HOA Fee
Highlights
- Beach Front
- Beach
- Gulf View
- Destin Elementary School Rated A-
- Deeded access to the beach
- Gated Community
About This Home
As of November 2016RENOVATED penthouse with perfect south and southwest-facing sunset views over the Gulf of Mexico from ceiling to floor windows! The fully furnished unit offers strong rental income, which makes it ideal as both an income-producing property and second home in paradise! Custom, high-end finishes include easy-care travertine floors and walls in the entryway, beautiful black granite countertops in the kitchen and elegant wetbar area, and rich wood cabinetry and paneling. Kitchen appliances include mostly stainless Bosch appliances. The living, dining and media rooms, and master bedroom/bath all have full length windows with easily removal plantation shutters, allowing you to control whether you want unobstructed views, partial views, or full privacy. There's plenty of room for entertaining.. ...whether you're offering elegant hors d'oeuvres on the balcony or the whole family is gathering for movie night. The 2 guest bedrooms enjoy views of Choctawhatchee Bay, flatscreen TV's and private baths. The huge, luxurious master suite makes a great retreat from the hubbub: relax on your private balcony in the sky, let the sound of the waves lull you to sleep, watch the gulls while soaking in the jetted tub, or indulge in a sauna. Other pluses include an ornate metal ceiling and faux-finish walls in the bedroom, plus dual sinks, towel warmer, 2 walk-in closets, dual-head shower, and bidet in the bath. Renovations include all new plumbing, new water heater, new granite counters in the guest baths, new toilets, carpet, bedding, and fresh paint.
Besides the private beach, the building includes a heated pool, fitness facilities, tennis, and gated entrance. Buyer must verify all specifications.
Last Agent to Sell the Property
Somers & Company License #3210089 Listed on: 05/27/2016
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,253
Year Built
- Built in 1984
Lot Details
- Beach Front
- Property fronts gulf or ocean
HOA Fees
- $1,315 Monthly HOA Fees
Home Design
- Mirrored Walls
- Concrete Siding
Interior Spaces
- 3,100 Sq Ft Home
- 1-Story Property
- Wet Bar
- Furnished
- Built-in Bookshelves
- Crown Molding
- Coffered Ceiling
- Tray Ceiling
- Recessed Lighting
- Double Pane Windows
- Plantation Shutters
- Living Room
- Dining Room
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Gas Oven or Range
- Self-Cleaning Oven
- Cooktop with Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Dressing Area
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Deeded access to the beach
- Balcony
Schools
- Destin Elementary And Middle School
- Fort Walton Beach High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-1011-0000-1503
Community Details
Overview
- Emerald Towers Condo Subdivision
Amenities
- Recreation Room
- Elevator
Recreation
- Beach
Security
- Gated Community
- Building Fire Alarm
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2016
Closed on
Nov 3, 2016
Sold by
Wilkerson Yvonne T
Bought by
Abbo Katherine M and Katherine M Abbo Revocable Trust
Seller's Agent
John Paul Somers
Somers & Company
Buyer's Agent
Dani Goodson
The Lisa Snuggs Real Estate Group
List Price
$825,000
Sold Price
$825,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$938,875
Avg. Annual Appreciation
9.12%
Original Mortgage
$400,000
Outstanding Balance
$201,357
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$1,573,972
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Abbo Katherine M | $825,000 | Aqua Title Services |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Abbo Katherine M | $400,000 | |
| Previous Owner | Wilkerson Ellis Dean | $2,163,900 | |
| Previous Owner | Mckenzie William H | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/03/2016 11/03/16 | Sold | $825,000 | 0.0% | $266 / Sq Ft |
| 09/24/2016 09/24/16 | Pending | -- | -- | -- |
| 05/27/2016 05/27/16 | For Sale | $825,000 | -- | $266 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $12,596 | $1,505,000 | -- | $1,505,000 |
| 2023 | $12,596 | $1,235,000 | $0 | $1,235,000 |
| 2022 | $11,301 | $1,075,000 | $0 | $1,075,000 |
| 2021 | $9,252 | $745,000 | $0 | $745,000 |
| 2020 | $8,946 | $715,000 | $0 | $715,000 |
| 2019 | $8,752 | $690,000 | $0 | $690,000 |
| 2018 | $8,796 | $685,000 | $0 | $0 |
| 2017 | $8,952 | $685,000 | $0 | $0 |
| 2016 | $11,119 | $856,000 | $0 | $0 |
| 2015 | $11,253 | $856,000 | $0 | $0 |
| 2014 | $10,259 | $765,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2016
Rachael Earley
Somers & Company
(850) 225-6478
67 in this area
244 Total Sales
-
D
Buyer's Agent in 2016
Dani Goodson
The Lisa Snuggs Real Estate Group
(850) 246-0705
1 in this area
31 Total Sales
About Emerald Towers
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 753661
APN: 00-2S-22-1011-0000-1503
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