NOT LISTED FOR SALE

263 Chipola Cove Destin, FL 32541

Estimated Value: $486,000 - $553,000

3 Beds
2.5 Baths
1,827 Sq Ft
$279/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $385,000 $211 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,174/month

168 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Screened Porch
  • Destin Elementary School Rated A-
  • Traditional Architecture
  • Community Pool

About This Home

As of March 2021

BA 3 bedroom in a gated community under $400,000 is quite a find so make sure you see this one quickly. Brand New Roof 2021! Brand New AC in Sept. 2020. Exterior paint 2018. You will love the feeling of space that the vaulted ceilings give to the living area and a fireplace adds a homey touch. The open kitchen makes you feel apart of everything that is going on even when cooking.
The master bedroom is spacious and has an adjoining bath with 2 sinks, a tub and separate shower. There are 2 other bedrooms that are bright and filled with light too.
A screened in porch is a welcome addition to the floor plan and you will enjoy many days and nights sitting outside in it's shade.
The backyard has a pretty wrought iron fence and landscaping. Call to see this beauty today

Last Agent to Sell the Property

Ginger Lundstrom

Platinum Realty LLC License #499352 Listed on: 08/31/2020

Last Buyer's Agent

Sarah Stone

Scenic Sotheby's International Realty License #3093630

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,666

Year Built

  • Built in 2003

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 67x129x67x129
  • Partially Fenced Property

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 1,827 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Screened Porch

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Schools

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

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0979-000B-0050

Community Details

Overview

  • Emerald Lakes Ph 1 Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,666

Year Built

Built in 2003

Lot Details

0

HOA Fees

$108 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 67x129x67x129
  • Subdivision Name: EMERALD LAKES PH 1
  • Directions: From Destin Commons head east on Hwy 98 and Emerald Lakes (Tequesta Drive) will be on your left at a stop light. Once you enter Emerald Lakes, take a right onto Chipola Cove (the 2nd right) and 263 will be on the right.
  • Architectural Style: Traditional
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2003
  • Utilities Electric: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Oven Self Cleaning, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Vaulted, Fireplace, Furnished - None
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Frame
  • Exterior Features: Fenced Lot-Part, Fireplace, Porch Screened
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Fenced Lot-Part: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:Fireplace2: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Utilities: Electric

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 00-2S-22-0979-000B-0050
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2666.14
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Mar 22, 2021
Sold by
Johnson Pamela and Johnson Richard K
Bought by
Praeter Emily and Praeter Jason
Seller's Agent
Ginger Lundstrom
Platinum Realty LLC
Buyer's Agent
Sarah Stone
Scenic Sotheby's International Realty
List Price
$385,000
Sold Price
$385,000
Current Estimated Value
$510,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,121
Avg. Annual Appreciation
6.34%
Original Mortgage
$308,000
Outstanding Balance
$276,240
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$233,881

Purchase Details

Closed on
Jan 26, 2016
Sold by
Johnson Glen K and Johnson Ula D
Bought by
Johnson Glen K and Johnson Ula D

Purchase Details

Closed on
Jan 24, 2003
Sold by
Adams Homes Of Northwest Florida Inc
Bought by
Johnson Glen K and Johnson Ula D
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
Praeter Emily $385,000 Priority Natl Ttl Svcs Inc
Johnson Glen K -- Attorney
Johnson Glen K $187,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Praeter Emily $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2021 03/22/21 Sold $385,000 0.0% $211 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
08/31/2020 08/31/20 For Sale $385,000 0.0% $211 / Sq Ft
01/03/2019 01/03/19 Rented $2,199 0.0% --
01/03/2019 01/03/19 Under Contract -- -- --
01/03/2019 01/03/19 For Rent $2,199 0.0% --
08/31/2018 08/31/18 Rented $2,199 0.0% --
08/31/2018 08/31/18 Under Contract -- -- --
05/24/2018 05/24/18 For Rent $2,199 -- --
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 $4,292 $407,449 $84,133 $323,316
2023 $4,292 $403,735 $78,628 $325,107
2022 $4,003 $372,925 $71,480 $301,445
2021 $2,994 $269,654 $61,951 $207,703
2020 $2,777 $248,057 $59,001 $189,056
2019 $2,675 $235,298 $59,001 $176,297
2018 $2,569 $222,888 $0 $0
2017 $1,696 $180,282 $0 $0
2016 $1,650 $176,574 $0 $0
2015 -- $175,347 $0 $0
2014 -- $173,955 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 854397

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0979-000B-0050