P
Seller's Agent in 2023
Paul Couch
EXP Realty LLC
(850) 699-7402
12 in this area
55 Total Sales
116 Tranquility Ln Destin, FL 32541
Estimated Value: $1,062,000 - $1,152,000
4
Beds
2.5
Baths
2,269
Sq Ft
$489/Sq Ft
Est. Value
Highlights
- Fishing
- Gated Community
- Wood Flooring
- Destin Elementary School Rated A-
- Vaulted Ceiling
- Mediterranean Architecture
About This Home
As of July 2023Enjoy this Meticulously maintained NEVER RENTED beach house in the sought after private and gated community of Destiny East located only a few blocks from the BEACH! This spacious split floor plan home would make a perfect PRIMARY RESIDENCE, SECOND HOME and/or VACATION RENTAL INVESTMENT. This single-level home backs up to an easement so there will never be another home built behind it. Recently RENOVATED $75K KITCHEN REMODEL includes quartz countertops and Viking appliances. MASTER BATH REMODEL includes quartz countertops, spa tub and imported Spanish porcelain tile. The house exterior was just COMPLETELY PAINTED with Elastomeric paint and there is a NEW ON DEMAND GAS hot water heater. RENTAL PROJECTIONS range between $85K - $96K! Notable features include marble flooring, quartz countertops and stainless steel VIKING appliances. You and your guests are sure to enjoy the spacious oasis in the backyard offering privacy and serenity overlooking a preserve area from the porch. With a central location you are a short golf cart ride from a plethora of restaurants, shopping in Destin Commons, Publix Grocery, and the sugar white sand beaches of the Emerald Coast! Destiny East is a private, gated community featuring two community pools, easy access to the beach, private security, and a large clubhouse that features tennis and basketball courts, a fitness center, an IMAX theater, a kids' playground, lake access, and outdoor grilling area. Come see 116 TRANQUILITY LANE and see why the BEACH LIFE is a good life! Home was RECENTLY APPRAISED at $1,143,000! and a current HOME INSPECTION REPORT is available. HOME IS PRICED TO SELL! Furniture and 6-seater golf cart may be negotiated. *Buyer to verify all data, information, and/or dimensions provided herein and deemed important to Buyer prior to submitting an offer.
Co-Listed By
Kristi Teague
NextHome on the Gulf
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,124
Year Built
- Built in 1999
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 51x209x110x151
- Property fronts a private road
HOA Fees
- $260 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
Home Design
- Mediterranean Architecture
- Frame Construction
- Slate Roof
- Stucco
- Slate
Interior Spaces
- 2,269 Sq Ft Home
- 1-Story Property
- Crown Molding
- Coffered Ceiling
- Tray Ceiling
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Living Room
- Breakfast Room
- Dining Area
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Gas Oven or Range
- Self-Cleaning Oven
- Cooktop with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
Outdoor Features
- Covered Deck
Schools
- Destin Elementary And Middle School
- Destin High School
Utilities
- Cooling Available
- Air Source Heat Pump
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-0076-0000-1330
Community Details
Overview
- Association fees include accounting, land recreation, management, master, recreational faclty, security
- Destiny East Ph 3 Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Recreation Room
Recreation
- Tennis Courts
- Community Playground
- Community Pool
- Fishing
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 7, 2019
Closed on
Feb 17, 2020
Sold by
Paryse Richard and Paryse Marianne
Bought by
Watkins Michael R and Watkins Brittany Nichole
Seller's Agent
Cindy Cole
Keller Williams Realty Destin
Buyer's Agent
Paul Couch
Eimers Group Inc
List Price
$620,000
Sold Price
$620,000
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
$489,055
Avg. Annual Appreciation
11.04%
Original Mortgage
$120,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 17, 2013
Closed on
Jul 19, 2013
Sold by
Williams Bradley M and Williams Paige
Bought by
Paryse Richard and Paryse Marianne
Seller's Agent
John Holahan
Better Homes and Gardens Real Estate Emerald Coast
Buyer's Agent
Vicki Matthews
ecn.unknownoffice
List Price
$509,500
Sold Price
$509,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.02%
Original Mortgage
$396,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 28, 2003
Sold by
Luchese Joan M and Luchese Jack
Bought by
Williams Bradley M and Williams Paige
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,400
Interest Rate
5.95%
Purchase Details
Closed on
Aug 28, 2001
Sold by
Luchese Joan M
Bought by
Luchese Jack and Luchese Joan M
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 |
|---|---|---|---|
| Watkins Michael R | $620,000 | Aqua Title Services | |
| Paryse Richard | $509,500 | None Available | |
| Williams Bradley M | $438,000 | American Land Title Inc | |
| Luchese Jack | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hartwell Family Revocable Trus | $470,000 | |
| Closed | Watkins Michael R | $120,000 | |
| Previous Owner | Paryse Richard | $389,000 | |
| Previous Owner | Paryse Richard | $396,000 | |
| Previous Owner | Williams Bradley M | $350,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/05/2024 04/05/24 | Off Market | $1,050,000 | -- | -- |
| 07/25/2023 07/25/23 | Sold | $1,050,000 | -2.3% | $463 / Sq Ft |
| 07/05/2023 07/05/23 | Pending | -- | -- | -- |
| 07/01/2023 07/01/23 | For Sale | $1,075,000 | +73.4% | $474 / Sq Ft |
| 02/17/2020 02/17/20 | Sold | $620,000 | 0.0% | $273 / Sq Ft |
| 01/14/2020 01/14/20 | Pending | -- | -- | -- |
| 12/07/2019 12/07/19 | For Sale | $620,000 | +21.7% | $273 / Sq Ft |
| 06/23/2019 06/23/19 | Off Market | $509,500 | -- | -- |
| 07/19/2013 07/19/13 | Sold | $509,500 | 0.0% | $225 / Sq Ft |
| 05/24/2013 05/24/13 | Pending | -- | -- | -- |
| 05/17/2013 05/17/13 | For Sale | $509,500 | -- | $225 / 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 | $8,437 | $917,450 | $333,801 | $583,649 |
| 2023 | $8,437 | $801,953 | $231,084 | $570,869 |
| 2022 | $7,421 | $670,708 | $210,076 | $460,632 |
| 2021 | $6,417 | $516,741 | $182,070 | $334,671 |
| 2020 | $4,609 | $406,302 | $0 | $0 |
| 2019 | $4,559 | $397,167 | $0 | $0 |
| 2018 | $4,522 | $389,762 | $0 | $0 |
| 2017 | $4,500 | $381,745 | $0 | $0 |
| 2016 | $4,380 | $373,893 | $0 | $0 |
| 2015 | $4,438 | $371,294 | $0 | $0 |
| 2014 | $4,552 | $339,454 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Couch
-
K
Seller Co-Listing Agent in 2023
Kristi Teague
NextHome on the Gulf
-
Brian Burgett
Buyer's Agent in 2023
Brian Burgett
Dream Destin Realty PLLC
(515) 473-0962
41 in this area
75 Total Sales
-
Cindy Cole
C
Seller's Agent in 2020
Cindy Cole
Keller Williams Realty Destin
(850) 502-6344
56 in this area
133 Total Sales
-
-
Buyer's Agent in 2020
- Ecn.rets.e9373
ecn.rets.RETS_OFFICE
-
John Holahan
Seller's Agent in 2013
John Holahan
Better Homes and Gardens Real Estate Emerald Coast
(850) 582-2893
17 in this area
62 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 926643
APN: 00-2S-22-0076-0000-1330
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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