NOT LISTED FOR SALE

275 Twin Lakes Ln Destin, FL 32541

Estimated Value: $437,000 - $528,000

4 Beds
2.5 Baths
2,270 Sq Ft
$213/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $355,000 $156 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,020/month

3 Days on Market

Highlights

  • Lake Front
  • Fishing
  • Contemporary Architecture
  • Destin Elementary School Rated A-
  • Pond View
  • Wood Flooring

About This Home

As of December 2020

A must-see home! The photos are great, but this is a home that demands to be seen in person to truly appreciate. Spacious, fully updated, lake-front home on one of the largest lots in Twin Lakes, centrally located in Destin! A two-story foyer and stunning Pecan hardwood floors make an immediate impact upon entering this beautiful home. Custom features such as plantation shutters, gorgeous flooring, designer light fixtures, and wrought iron stair railing set this home apart from the others. Entertain in style from the large dining room with a view of the lake or dine casually at the kitchen bar. The open kitchen has ample counter space and all stainless-steel appliances. A sunny bonus room adjoins the main living room through French doors. The spacious second story loft provides additional living space and would make a great media room, exercise space or playroom. The spacious master
bedroom offers a giant walk in closet (that has to be seen to believe) and updated master bathroom. The outdoor patio and large fenced-in backyard provide a calming retreat to take in the lake view. Current homeowners have replaced and upgraded the roof, HVAC system, and water heater.

Last Agent to Sell the Property

Susan Rood

Keller Williams Realty Nville License #3231852 Listed on: 10/21/2020

Keller Williams Realty Nville

Last Buyer's Agent

Melissa Carbone

Realty ONE Group Emerald Coast License #3470715

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,484

Year Built

  • Built in 2001

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 41.68 x 50
  • Lake Front
  • Back Yard Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Contemporary Architecture
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,270 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dining Room
  • Den
  • Loft
  • Sun or Florida Room
  • Pond Views

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Open Patio
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-5330-0000-0230

Community Details

Overview

  • Association fees include ground keeping, land recreation
  • Twin Lakes Estates Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Community Pavilion

Recreation

  • Community Playground
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,484

Year Built

Built in 2001

Lot Details

0

HOA Fees

$28 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 41.68 x 50
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: EKW4
  • Co List Office Phone: 850-279-4332
  • Subdivision Name: TWIN LAKES ESTATES
  • Directions: Traveling North on Airport Rd, Twin Lakes Estates will be on the left (approximately 1 mile from Hwy 98). Turn left into Twin Lakes Estates and home will be on your left.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2001
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Loft: Yes
  • Waterfront:Lake: Yes
  • Rooms:Den: Yes
  • Waterview:Pond2: Yes
  • Rooms:Florida Room: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Security System, Smoke Detector, Smooth Stovetop Rnge, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Floor Hardwood, Floor Tile, Pantry, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: 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
  • Appliances:Security System: Yes

Exterior Features

  • Lot Features: Corner, Covenants, Level, Sidewalk
  • View: Pond
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Roof Composite Shngl, Vinyl Siding, Slab
  • Exterior Features: Fenced Back Yard, Patio Open, Porch, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • Lot Features:Sidewalk: Yes
  • Lot Features:Corner: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Pavillion/Gazebo, Picnic Area, Playground
  • Association #2 Fee: 330.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Land Recreation

Schools

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

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 00-2S-22-5330-0000-0230
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2484.3
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 1, 2020
Sold by
Monacelli Patrick and Monacelli Ashton
Bought by
Rathbone Curtis Branson
Seller's Agent
Susan Rood
Keller Williams Realty Nville
Buyer's Agent
Melissa Carbone
Realty ONE Group Emerald Coast
List Price
$355,000
Sold Price
$355,000
Current Estimated Value
$483,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,385
Avg. Annual Appreciation
6.73%
Original Mortgage
$363,165
Outstanding Balance
$324,636
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$158,749

Purchase Details

Listed on
Jan 29, 2016
Closed on
Mar 31, 2016
Sold by
Finesilver Andrew J and Finesilver Kimberly M
Bought by
Monacelli Patrick and Monacelli Ashton
Seller's Agent
Julie Pruitt-Gann
Real Broker LLC
Buyer's Agent
Rhonda Musch
ERA American Real Estate
List Price
$270,000
Sold Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$274,725
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 2, 2013
Closed on
Dec 12, 2013
Sold by
Lowrey Richard A and Lowrey Robin L
Bought by
Finesilver Andrew J and Finesilver Kimberly M
Seller's Agent
Karen Martineau
RE/MAX Coastal Properties
Buyer's Agent
Marsha Wright
NON MEMBER
List Price
$256,000
Sold Price
$256,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.34%
Original Mortgage
$261,504
Interest Rate
4.13%
Mortgage Type
VA

Purchase Details

Closed on
Jul 5, 2001
Sold by
Adams Homes Of Northwest Florida Inc
Bought by
Lowrey Richard A and Lowrey Robin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,370
Interest Rate
7.17%
Mortgage Type
VA

Purchase Details

Closed on
Mar 13, 2001
Sold by
Bonezzi Dev Co
Bought by
Adams Homes Of Northwest Florida 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
Rathbone Curtis Branson $355,000 Championship Title Agcy Llc
Monacelli Patrick $270,000 Cotton Land Title Llc
Finesilver Andrew J $256,000 Attorney
Lowrey Richard A $155,800 --
Adams Homes Of Northwest Florida Inc $24,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rathbone Curtis Branson $363,165
Previous Owner Monacelli Patrick $274,725
Previous Owner Finesilver Andrew J $261,504
Previous Owner Lowrey Richard A $189,039
Previous Owner Lowrey Richard A $7,500
Previous Owner Lowrey Richard A $160,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2020 12/01/20 Sold $355,000 0.0% $156 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $355,000 +31.5% $156 / Sq Ft
06/23/2019 06/23/19 Off Market $270,000 -- --
03/31/2016 03/31/16 Sold $270,000 0.0% $119 / Sq Ft
02/14/2016 02/14/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $270,000 +5.5% $119 / Sq Ft
12/12/2013 12/12/13 Sold $256,000 0.0% $113 / Sq Ft
11/05/2013 11/05/13 Pending -- -- --
07/02/2013 07/02/13 For Sale $256,000 -- $113 / 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 $4,291 $381,923 $111,749 $270,174
2023 $4,291 $377,035 $104,438 $272,597
2022 $3,962 $347,183 $90,423 $256,760
2021 $3,532 $284,421 $78,368 $206,053
2020 $2,516 $238,995 $0 $0
2019 $2,484 $233,622 $0 $0
2018 $2,461 $229,266 $0 $0
2017 $2,781 $212,795 $0 $0
2016 $2,025 $192,640 $0 $0
2015 $2,054 $191,301 $0 $0
2014 $2,349 $175,173 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 857762

Emerald Coast Association of REALTORS®

APN: 00-2S-22-5330-0000-0230