NOT LISTED FOR SALE

222 Grand Key Loop W Destin, FL 32541

Estimated Value: $1,017,000 - $1,302,000

6 Beds
3.5 Baths
2,600 Sq Ft
$437/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $644,393 $248 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $7,518/month

43 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Wood Flooring
  • Destin Elementary School Rated A-
  • Beach House
  • Main Floor Primary Bedroom

About This Home

As of September 2020

New Kitchen renovation! Phenomenal Investment opportunity. Location could not be better, having tons of shopping, Dining and entertainment within 1/4 mile, as well as the close distance to the Beach. Villages has one of the most beautiful pools in Destin with Waterfalls, Island in the middle, Surround sound music, hot Tub and covered Seating area with a TV so you can hang out with your cool beverage and snacks and watch your favorite sports team. During Peak Seasons, the enclosed transit will take you down to the beach and pick you up. This home is currently on the short term vacation rental program but the owner uses it quite a bit for family and friends. True rental projections are in the upper 70's. X flood zone and not in COBRA so no flood insurance is required. VA loans ok.

Last Listed By

Cheryl St Pe

One Beach Real Estate License #3176371 Listed on: 06/17/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,549

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 25x45
  • Property fronts a private road
  • Interior Lot
  • Property is zoned Deed Restrictions, Resid

HOA Fees

  • $448 Monthly HOA Fees

Home Design

  • Beach House
  • Exterior Columns
  • Pitched Roof
  • Concrete Roof
  • Wood Siding
  • Vinyl Trim
  • Aluminum Trim
  • Stucco

Interior Spaces

  • 2,600 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Shelving
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Dining Area
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible
  • Handicap Modified

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Underground Utilities
  • Water Tap Fee Is Paid
  • Multiple Water Heaters
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-1125-0000-0310

Community Details

Overview

  • Association fees include accounting, ground keeping, legal, licenses/permits, master, recreational faclty, repairs/maintenance, trash
  • Villages Of Crystal Beach Subdivision
  • The community has rules related to covenants
  • Handicap Modified Features In Community

Amenities

  • Picnic Area
  • Community Pavilion

Recreation

  • Community Pool
  • Community Whirlpool Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,549

Year Built

Built in 2007

Lot Details

0

HOA Fees

$448 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 25x45
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Villages of Crystal Beach
  • Directions: From Hwy 98, turn south on Regions Drive. Turn into Villages of Crystal Beach entrance on your left. Bear right onto Grand Key Loop West. House will be on your right.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2007
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Floor Hardwood, Floor Tile, Floor WW Carpet, Furnished - All, Handicap Provisions, Owner's Closet, Pantry, Shelving, Split Bedroom, Wet Bar
  • Window Features: Double Pane Windows
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Smooth Stovetop Rnge: Yes

Exterior Features

  • Lot Features: Covenants, Curb & Gutter, Interior, Restrictions, Sidewalk, Storm Sewer, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Roof Concrete, Roof Pitched, Wood Siding, Stucco, Trim Aluminum, Trim Vinyl
  • Exterior Features: Balcony, Columns
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Trim Aluminum: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • Lot Features:Sidewalk: Yes
  • ConstructionSiding:Siding Wood: Yes
  • Lot Features:Curb Gutter: Yes
  • Lot Features:Storm Sewer: Yes
  • ConstructionSiding:Roof Concrete: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community, Handicap Provisions, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Whirlpool
  • Association #2 Fee: 1343.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 00-2S-22-1125-0000-0310
  • Zoning: Deed Restrictions, Resid
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5549.4
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2024
Sold by
Buxenstein Jason
Bought by
222 Grand Key Loop Land Trust and Black Saguaro Canyon Llc
Total Days on Market
43
Current Estimated Value
$1,137,376

Purchase Details

Listed on
Jun 17, 2020
Closed on
Sep 2, 2020
Sold by
Waitz Joseph L and Waitz Giselle Z
Bought by
Buxenstein Jason
Seller's Agent
Cheryl St Pe
One Beach Real Estate
Buyer's Agent
Rush Valentine
EXP Realty LLC
List Price
$644,393
Sold Price
$644,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.88%
Original Mortgage
$510,400
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2007
Sold by
Creole Construction Inc
Bought by
Waitz Joseph L and Waitz Giselle Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,725
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
222 Grand Key Loop Land Trust $100 None Listed On Document
222 Grand Key Loop Land Trust $100 None Listed On Document
Buxenstein Jason $644,393 Mti Title Insurance Agcy Inc
Waitz Joseph L $810,000 Dune Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buxenstein Jason $510,400
Previous Owner Buxenstein Jason $510,400
Previous Owner Waitz Joseph L $715,725
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Off Market $644,393 -- --
09/03/2020 09/03/20 Sold $644,393 0.0% $248 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $644,393 -- $248 / 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 $9,173 $981,510 $299,600 $681,910
2023 $9,173 $946,663 $280,000 $666,663
2022 $7,974 $779,259 $225,000 $554,259
2021 $6,326 $509,435 $149,940 $359,495
2020 $5,499 $439,507 $142,800 $296,707
2019 $5,498 $433,481 $142,800 $290,681
2018 $5,549 $432,175 $0 $0
2017 $5,368 $410,721 $0 $0
2016 $5,218 $401,696 $0 $0
2015 $5,143 $392,920 $0 $0
2014 $4,663 $347,681 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 827006

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1125-0000-0310