NOT LISTED FOR SALE

224 Grand Key Loop W Destin, FL 32541

Estimated Value: $1,211,451 - $1,333,000

6 Beds
3.5 Baths
2,600 Sq Ft
$483/Sq Ft Est. Value

Last Sold March 02, 2023

Last sale price $1,340,000 $515 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $8,292/month

17 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Destin Elementary School Rated A-
  • Florida Architecture
  • Furnished

About This Home

As of March 2023

This Polynesian style cottage is being sold fully furnished and rental ready. Established Rental History is impressive. 6 Bedrooms and 3.5 Baths with 3 levels of covered porches, 2 living areas and fantastic Pool views! Located in the the center of Destin this gated community features the second largest lagoon-style swimming pool in the area with a 35,000 sq ft paradise that includes a full-landscape design from waterfalls to authentic Tennessee boulders. Other Amenities include a community trolley that takes you to the beautiful Destin beaches in Peak Season. X Flood Zone means Flood insurance is not required. The Villages of Crystal Beach is a great spot for family and friends to get together and create wonderful memories that last a lifetime.... And a FABULOUS Investment opportunity!

Last Listed By

Cheryl St Pe

One Beach Real Estate License #3176371 Listed on: 01/12/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,120

Year Built

  • Built in 2007

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 25x45
  • Property fronts a private road
  • Interior Lot
  • Sprinkler System
  • Property is zoned Deed Restrictions, Resid Single Family

HOA Fees

  • $507 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Exterior Columns
  • Frame Construction
  • Pitched Roof
  • Concrete Roof
  • Wood Trim
  • Cement Board or Planked
  • Stucco

Interior Spaces

  • 2,600 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Shelving
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Living Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Painted or Stained Flooring
  • Laminate
  • 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

  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible
  • Handicap Modified

Outdoor Features

  • Balcony
  • Covered Deck
  • Built-In Barbecue
  • Porch

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Water Tap Fee Is Paid
  • Multiple Water Heaters
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-1125-0000-0300

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, legal, management, master, 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

$6,120

Year Built

Built in 2007

Lot Details

0

HOA Fees

$507 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Lot Size: 25X45
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: VILLAGES OF CRYSTAL BEACH
  • Directions: From Emerald Coast parkway turn south onto Regions Way. Entrance is directly behind Waffle House. Enter gates and veer right. Home is second on right.
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2007
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Furnished - All
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Floor Laminate, Floor Tile
  • Interior Amenities: Breakfast Bar, Ceiling Raised, Handicap Provisions, Lighting Recessed, Owner's Closet, Shelving, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted
  • Window Features: Window Treatment All
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Oven Self Cleaning: 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: Frame, Roof Pitched, Siding CmntFbrHrdBrd, Stucco, Trim Wood
  • Exterior Features: Balcony, BBQ Pit/Grill, Columns, Sprinkler System
  • Foundation Details: Slab
  • Patio And Porch Features: Deck Covered, Porch
  • Property Condition: Renovated, Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • ConstructionSiding:Frame: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Lot Features:Sidewalk: Yes
  • Lot Features:Curb Gutter: Yes
  • Lot Features:Storm Sewer: Yes
  • ConstructionSiding:Roof Concrete: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump Wtr Air 2+
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Phone, Public Water, Tap Fee Paid, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Handicap Provisions, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Whirlpool
  • Association #2 Fee: 1520.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Legal, Management, Master Association, Repairs/Maintenance, Trash

Schools

  • Elementary School: Destin
  • High School: Destin
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 1306.8
  • Parcel #: 00-2S-22-1125-0000-0300
  • Zoning: Deed Restrictions, Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6119.66
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Mar 2, 2023
Sold by
Crhgzh Llc
Bought by
Kuhlman Chad
Seller's Agent
Cheryl St Pe
One Beach Real Estate
Buyer's Agent
Test Test
ECN - Unknown Office
List Price
$1,349,000
Sold Price
$1,340,000
Premium/Discount to List
-$9,000
-0.67%
Total Days on Market
17
Views
11
Current Estimated Value
$1,256,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,887
Avg. Annual Appreciation
-2.90%
Original Mortgage
$1,072,000
Outstanding Balance
$1,044,418
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$211,695

Purchase Details

Listed on
Dec 8, 2013
Closed on
Jan 10, 2014
Sold by
The Bank Of New York Mellon
Bought by
Alek Of Louisiana Llc
Seller's Agent
ecn.rets.rainmakers.e3164
ecn.rets.RETS_OFFICE
Buyer's Agent
Paul Couch
Eimers Group Inc
List Price
$454,500
Sold Price
$454,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.54%

Purchase Details

Closed on
Sep 18, 2013
Sold by
Kheraj Badruddin
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
May 21, 2007
Sold by
Creole Construction Inc
Bought by
Kheraj Badruddin and Kheraj Shainul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Range of Values:

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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
Kuhlman Chad $1,340,000 --
Alek Of Louisiana Llc $454,500 Landcastle Title Llc
The Bank Of New York Mellon $363,200 None Available
Kheraj Badruddin $755,000 Dune Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuhlman Chad $1,072,000
Previous Owner Kheraj Badruddin $604,000
Previous Owner Kheraj Badruddin $75,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Sold $1,340,000 -0.7% $515 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $1,349,000 +196.8% $519 / Sq Ft
01/10/2014 01/10/14 Sold $454,500 0.0% $175 / Sq Ft
12/26/2013 12/26/13 Pending -- -- --
12/08/2013 12/08/13 For Sale $454,500 -- $175 / 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 $9,846 $1,101,331 $299,600 $801,731
2023 $9,846 $1,099,103 $280,000 $819,103
2022 $7,722 $760,330 $225,000 $535,330
2021 $6,120 $497,175 $149,940 $347,235
2020 $5,560 $444,345 $142,800 $301,545
2019 $5,559 $438,219 $142,800 $295,419
2018 $5,610 $436,866 $0 $0
2017 $5,426 $415,213 $0 $0
2016 $5,275 $406,085 $0 $0
2015 $5,194 $392,047 $0 $0
2014 $4,565 $340,407 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 914797

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1125-0000-0300