$353,000
SOLD FEB 28, 2013

198 Grand Key Loop W Destin, FL 32541

4 Beds
3.5 Baths
1,958 Sq Ft
1,133 Sq Ft Lot

Recently Sold

$180 Per Sq Ft

209 Days on Market

Highlights

  • Beach
  • Gated Community
  • Main Floor Primary Bedroom
  • Destin Elementary School Rated A-
  • Florida Architecture
  • Community Pool

About This Home

As of June 2020

Brand new home in the heart of Destin in Crystal Beach! This is the Key West style of construction and is completely finished and move in ready! Insurance will be reasonable because this subdivision is located in an ''X'' flood zone and NOT in the COBRA ZONE!! The Villages of Crystal Beach is gated, near everything and located across the street from Destin Commons, the new Lowes and Rooms to Go! This neighborhood is a great vacation rental spot with most homes this size averaging approximately $50,000 gross income per year! This home is 4 bedrooms, 3 1/2 baths, with a separate loft There is a public beach access within two blocks (with complementary shuttle during peak season) and has a huge 35,000 square foot zero entry community pool with waterfalls, tiki bar with outdoor grill for entertaining, and palm trees galore! This home is to be under construction very soon!This home is 4 bedrooms, 3 1/2 baths, with a separate loft upstairs! The master bedroom is on the first floor! You will be very impressed with the quality construction of Todd Stephens.....just look at these details......One year performance & mechanical and 10 structural warranty provided by Souther American Homes, footings are 3000 PSI concrete with #5 Rebar imbedded in concrete, no exposed wood on the exterior which means less maintenance and no wood rot, columns are made of Kleer Lumber PVC material that have a life time warranty from the manufacturer from rotting, lap siding is cementitiouse material and is attached with screws and rated for 140 mph winds, slip resistant porcelain tile on balconies, porcelain tile for all interior wet areas, semi air conditioned attic space with 8 foot ceilings, pull Duradek waterproofing membrane under balcony tile with a 10 year warranty against leaks, impact rated vinyl windows and fiberglass exterior doors, impact doors are set in waterproof pans that decrease water intrusion during wind driven rain, Borate termite treatment, that is a ''Green'' application with a 1 million dollar repair and re-treatment bond, Teaxx in-wall integrated pest control system, and 50% of lighting include compact florescent light bulbs. We have other vacant lots available to build other new homes as well!

Last Agent to Sell the Property

John Cook

Coldwell Banker Realty License #3011599 Listed on: 06/21/2012

Coldwell Banker Realty

Last Buyer's Agent

Jennifer MacBride

Berkshire Hathaway HomeServices License #3224042

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,189

Year Built

  • Built in 2012

Lot Details

  • Lot Dimensions are 25 x 46
  • Property fronts a private road

HOA Fees

  • $318 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Metal Roof
  • Concrete Siding
  • Vinyl Trim
  • Cement Board or Planked

Interior Spaces

  • 1,958 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-1125-0000-0420

Community Details

Overview

  • Association fees include accounting, ground keeping, legal, licenses/permits, management, recreational faclty, repairs/maintenance, security
  • Villages Of Crystal Beach Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion

Recreation

  • Beach
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,189

Year Built

Built in 2012

Lot Details

0

HOA Fees

$318 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 25 X 46
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: VILLAGES OF CRYSTAL BEACH
  • Directions: From Scenic Hwy 98, turn North on Cobia to the corner of Luke and Cobia. Proceed forward to gate entrance. Once in gate, take the first left, and then another left. Lot 42 is located on the Southern p
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2012
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Rooms:Covered Porch: Yes
  • Rooms:Laundry2: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric, Warranty Provided
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Floor Tile, Floor WW Carpet New, Owner's Closet, Pantry, Washer/Dryer Hookup, Window Treatmnt None
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Warranty Provided: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet New: Yes

Exterior Features

  • Construction Type: Concrete, Roof Metal, Siding CmntFbrHrdBrd, Slab, Trim Vinyl
  • Exterior Features: Patio Covered
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • Exterior:Patio Covered: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Gated Community, Pavillion/Gazebo, Picnic Area, Pool, TV Cable
  • Association #2 Fee: 953.1
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Legal, Licenses/Permits, Management, Recreational Faclty, Repairs/Maintenance, Security

Schools

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

Lot Info

  • Parcel #: 00-2S-22-1125-0000-0420
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2020
Closed on
Jun 3, 2020
Sold by
Figueroa Jesus R and Figueroa Valery E
Bought by
Walker James Whit and Walker Marsha Betb
Seller's Agent
Valery Figueroa
Realty Hub
Buyer's Agent
Stephan Mihacevich
Coldwell Banker Realty
List Price
$540,000
Sold Price
$540,000
Current Estimated Value
$927,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,428
Avg. Annual Appreciation
12.67%
Original Mortgage
$432,000
Outstanding Balance
$308,106
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$699,803

Purchase Details

Listed on
Jan 22, 2019
Closed on
Mar 8, 2019
Sold by
Vivika Ventures Llc
Bought by
Figueroa Jesus R and Figueroa Valery E
Seller's Agent
Heather Williams
Scenic Sotheby's International Realty
Buyer's Agent
Justin Elliott
WHS Real Estate
List Price
$494,000
Sold Price
$494,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$484,000
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Listed on
Oct 29, 2014
Closed on
Feb 23, 2015
Sold by
198 Llc
Bought by
Vivika Ventures Llc
Seller's Agent
Chris Abbott Group
Scenic Sotheby's International Realty
Buyer's Agent
Heather Williams
Coldwell Banker Jme Realty
List Price
$430,950
Sold Price
$430,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.44%
Original Mortgage
$347,124
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2013
Sold by
Richardson Timothy and Richardson Rachele
Bought by
198 Llc

Purchase Details

Listed on
Jun 21, 2012
Closed on
Feb 27, 2013
Sold by
Sigma Investment Corporation
Bought by
Richardson Timothy and Richardson Rachele
Seller's Agent
John Cook
Coldwell Banker Realty
Buyer's Agent
Jennifer MacBride
Berkshire Hathaway HomeServices
List Price
$353,000
Sold Price
$353,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$282,400
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2012
Sold by
Ark Real Estate Opportunity Fund I Llc
Bought by
Sigma Investment Corporation
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $540,000 None Available
Warranty Deed $494,000 Attorney
Warranty Deed $430,950 Title Works
Warranty Deed $282,142 Attorney
Warranty Deed $353,000 Touchstone Land Title Inc
Warranty Deed $100,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $432,000 New Conventional
Previous Owner $487,650 VA
Previous Owner $484,000 VA
Previous Owner $347,124 Purchase Money Mortgage
Previous Owner $282,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Off Market $540,000 -- --
09/28/2020 09/28/20 Off Market $494,000 -- --
06/30/2020 06/30/20 Sold $540,000 0.0% $265 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
04/29/2020 04/29/20 For Sale $540,000 +9.3% $265 / Sq Ft
03/08/2019 03/08/19 Sold $494,000 0.0% $242 / Sq Ft
02/09/2019 02/09/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $494,000 +14.6% $242 / Sq Ft
02/23/2015 02/23/15 Sold $430,950 0.0% $211 / Sq Ft
01/14/2015 01/14/15 Pending -- -- --
10/29/2014 10/29/14 For Sale $430,950 +22.1% $211 / Sq Ft
02/28/2013 02/28/13 Sold $353,000 0.0% $180 / Sq Ft
01/16/2013 01/16/13 Pending -- -- --
06/21/2012 06/21/12 For Sale $353,000 -- $180 / 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 $8,189 $877,773 $299,600 $578,173
2023 $8,189 $845,166 $280,000 $565,166
2022 $7,114 $694,879 $225,000 $469,879
2021 $5,647 $454,732 $149,940 $304,792
2020 $5,098 $407,459 $142,800 $264,659
2019 $5,100 $402,053 $142,800 $259,253
2018 $4,780 $372,268 $0 $0
2017 $4,625 $353,852 $0 $0
2016 $4,495 $346,039 $0 $0
2015 $4,401 $338,631 $0 $0
2014 $3,954 $294,836 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 574711

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1125-0000-0420