NOT LISTED FOR SALE

262 Okeechobee Cove Destin, FL 32541

Estimated Value: $619,000 - $680,000

3 Beds
2.5 Baths
2,001 Sq Ft
$324/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $469,900 $235 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,732/month

4 Days on Market

Highlights

  • Lake Front
  • Tennis Courts
  • Fishing
  • Destin Elementary School Rated A-
  • Screened Pool
  • Gated Community

About This Home

As of August 2020

This is a ''SHORT SALE'' being sold ''AS IS'' McNeese Title will be doing the negotiation and closing. 3BR/2&1/2 BA split bedroom ranch.

Last Agent to Sell the Property

Mark Desalvo

Newman Dailey Resort Properties License #3019075 Listed on: 07/17/2020

Last Buyer's Agent

Micha Knowles

ERA American Real Estate License #3021155

ERA American Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,127

Year Built

  • Built in 2003

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 65 x 96 x 65 x 109
  • Lake Front
  • Property fronts a private road
  • Property fronts an easement
  • Partially Fenced Property
  • Interior Lot
  • Level Lot
  • Sprinkler System
  • Lawn Pump

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Traditional Architecture
  • Frame Construction
  • Dimensional Roof
  • Pitched Roof
  • Ridge Vents on the Roof
  • Composition Shingle Roof
  • Vinyl Trim
  • Stucco

Interior Spaces

  • 2,001 Sq Ft Home
  • 1-Story Property
  • Shelving
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Recessed Lighting
  • Fireplace
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Screened Porch
  • Tile Flooring
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Walk-In Pantry
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool

Outdoor Features

  • Tennis Courts
  • Built-In Barbecue

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0980-000C-0220

Community Details

Overview

  • Association fees include accounting, licenses/permits, management, master, recreational faclty, security
  • Emerald Lakes Ph 2 Subdivision
  • The community has rules related to covenants, exclusive easements

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,127

Year Built

Built in 2003

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 65 x 96 x 65 x 109
  • Road Frontage Type: Easement, Private Road
  • Road Surface Type: Paved
  • Subdivision Name: EMERALD LAKES PH 2
  • Directions: On The North Side Of Hwy 98, East Of The Mid-Bay Bridge. East Of Regatta & Calusa Bay And West Of Emerald Bay. Turn On Tequesta Drive And Proceed To Gate. Follow Tequesta Dr Through Neighborhood, Past Roundabout at Pool To Okeechobee Cove On The Right. After Turning On Okeechobee Cv #262 Is The 6th House On The Right On The Lake.
  • Architectural Style: Traditional
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2003
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Covered Porch: Yes
  • Rooms:Foyer: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Breakfast Room: Yes
  • Waterview:Lake2: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Rooms:Great Room: Yes
  • Energy:Heat Cntrl Gas: Yes
  • Energy:Water Heater - Gas: Yes
  • Energy:Ridge Vent: Yes
  • Waterfront:Lake: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Crwn Molding, Ceiling Tray/Cofferd, Fireplace, Floor Tile, Furnished - None, Lighting Recessed, Pantry, Pull Down Stairs, Shelving, Split Bedroom, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Pull Down Stairs: Yes
  • Interior:Split Bedroom: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Interior:Shelving: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Lot Features: Covenants, Easements, Interior, Level, Restrictions, Survey Available, Within 1/2 Mile to Water, See Remarks
  • Pool Features: Pool Type
  • View: Lake
  • Waterfront Features: Lake, Shore - Natural
  • Waterfront: Yes
  • Construction Type: Frame, Roof Dimensional Shg, Roof Pitched, Stucco, Trim Vinyl
  • Exterior Features: BBQ Pit/Grill, Fenced Lot-Part, Lawn Pump, Pool - Enclosed, Pool - Heated, Pool - In-Ground, Porch Open, Porch Screened, Sprinkler System, Tennis Court
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Lot Features:Easements: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • Lot Features:See Remarks6: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Porch Open: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Pool - Enclosed: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Tennis Court: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: See Remarks
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes
  • Parking Features:See Remarks4: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Fishing, Gated Community, Pets Allowed, Picnic Area, Playground, Pool, Tennis, Waterfront
  • Association #2 Fee: 325.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Licenses/Permits, Management, Master Association, Recreational Faclty, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 00-2S-22-0980-000C-0220
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3126.71
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 31, 2020
Sold by
Dattolo Gregg A and Dattolo Kathleen R
Bought by
Ream Joseph Robert and Ream Cherrise Stacey
Seller's Agent
Mark Desalvo
Newman Dailey Resort Properties
Buyer's Agent
Micha Knowles
ERA American Real Estate
List Price
$469,900
Sold Price
$469,900
Current Estimated Value
$647,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,662
Avg. Annual Appreciation
6.45%
Original Mortgage
$375,920
Outstanding Balance
$333,604
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$313,958

Purchase Details

Listed on
Mar 12, 2015
Closed on
Jun 5, 2015
Sold by
Woodruff Robert E
Bought by
Dattolo Gregg A and Dattolo Kathleen R
Seller's Agent
Donna sneed with J & J Realty
Pearl Beach Realty LLC
Buyer's Agent
Mark Desalvo
Newman Dailey Resort Properties
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$260,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 4, 2003
Sold by
Dever Timothy S and Dever Gina Z
Bought by
Woodruff Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2002
Sold by
Lecea Rosamelia T and Lecea Liberto G
Bought by
Dever Timothy S and Dever Gina Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,500
Interest Rate
6.27%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 20, 2000
Sold by
Eld Inc
Bought by
Lecea Rosamelia T and Lecea Liberto G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,175
Interest Rate
9%

Purchase Details

Closed on
Mar 31, 2000
Sold by
Fox Edgar M and Fox Catharina M
Bought by
Eld Inc
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 Buyer Sale Price Title Company
Ream Joseph Robert $469,900 Customers First Title Co
Dattolo Gregg A $325,000 Mcneese Title Llc
Woodruff Robert E $300,000 Pinnacle Title Group Llc
Dever Timothy S $51,500 --
Lecea Rosamelia T $46,500 --
Eld Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ream Joseph Robert $375,920
Previous Owner Dattolo Gregg A $260,000
Previous Owner Woodruff Robert E $256,000
Previous Owner Dever Timothy S $266,500
Previous Owner Lecea Rosamelia T $44,175
Closed Woodruff Robert E $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2023 04/30/23 Off Market $325,000 -- --
04/30/2023 04/30/23 Off Market $2,350 -- --
08/31/2020 08/31/20 Sold $469,900 0.0% $235 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $469,900 +44.6% $235 / Sq Ft
06/05/2015 06/05/15 Sold $325,000 0.0% $162 / Sq Ft View Prior Sale
03/14/2015 03/14/15 Pending -- -- --
03/12/2015 03/12/15 For Sale $325,000 0.0% $162 / Sq Ft
06/11/2013 06/11/13 Rented $2,350 0.0% --
06/11/2013 06/11/13 Under Contract -- -- --
05/03/2013 05/03/13 For Rent $2,350 -- --
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 $2,672 $297,100 -- --
2023 $2,672 $288,447 $0 $0
2022 $2,577 $277,075 $0 $0
2021 $2,580 $269,005 $0 $0
2020 $3,158 $318,547 $0 $0
2019 $3,127 $311,385 $0 $0
2018 $3,104 $305,579 $0 $0
2017 $3,095 $299,294 $0 $0
2016 $3,014 $293,379 $0 $0
2015 $3,389 $283,465 $0 $0
2014 -- $252,759 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 851097

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0980-000C-0220