NOT LISTED FOR SALE

331 Tequesta Dr Destin, FL 32541

Estimated Value: $634,000 - $880,000

4 Beds
3 Baths
2,411 Sq Ft
$306/Sq Ft Est. Value

Last Sold April 11, 2017

Last sale price $335,000 $139 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $4,205/month

35 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Cathedral Ceiling
  • Destin Elementary School Rated A-
  • Contemporary Architecture
  • Great Room

About This Home

As of April 2017

Back on market due to buyer financing falling through. Gorgeous, lakefront home with an oversized 2-car garage located towards the end of a private, dead-end street. This home offers the ultimate entertainment space for friends and family with a spacious open floor plan, soaring cathedral ceilings, tiled flooring, fireplace, built-in surround sound speakers, and a convenient 1st floor bedroom/office with a full bath. Enjoy brand new appliances, rich oak cabinets and Silestone counters in the large kitchen overlooking the entire living area. The living space continues outdoors to a charming open patio complete with arched lighting and relaxing views of the lake and large, green backyard. The 2nd floor includes a master retreat with 2 additional bedrooms and guest bathroom. Each bedroom offers a generous amount of space and includes a walk-in closet. In addition, in-wall pest control tubing has been ran throughout the entire home making pest control treatments so convenient & easy! Quarterly treatments can be done without ever entering the inside. Although the current owners have opted to install an underground electric fence, the HOA will allow a 4 foot rod iron fence to be installed with approval. This home is located within Emerald Lakes: a gated community offering a community pool, tennis courts, basketball courts and a playground. It's conveniently located near the Destin Commons and surrounding shopping plazas offering the best shopping and dining opportunities in the area. 331 Tequesta Drive is within the X-minimal flood zone so flood insurance is not required by most lenders.

Last Agent to Sell the Property

Karen Phillips

The Agency Northwest Florida Beaches License #557915 Listed on: 12/30/2016

Last Buyer's Agent

Yeska Sand

Ruckel Properties Inc License #3226414

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,957

Year Built

  • Built in 2003

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 60x142x160x72
  • Lake Front
  • Street terminates at a dead end
  • Sprinkler System
  • Lawn Pump

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Automatic Garage Door Opener

Home Design

  • Contemporary Architecture
  • Dimensional Roof
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • 2,411 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Great Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Induction Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Outdoor Features

  • Open Patio

Schools

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

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0981-0000-0120

Community Details

Overview

  • Association fees include ground keeping, management, master, recreational faclty
  • Emerald Lakes Ph 3 Subdivision
  • The community has rules related to covenants

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Community Pavilion
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,957

Year Built

Built in 2003

Lot Details

0

HOA Fees

$92 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 60X142X160X72
  • Road Surface Type: Paved
  • Subdivision Name: EMERALD LAKES PH 3
  • Directions: From 98, north on Tequesta Drive (beside Backyard Burger). Home is at the end of Tequesta Dr on the right. 2nd lot on the right past Kosta Ln.
  • Architectural Style: Contemporary
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2003
  • Remarks Misc:Remarks: Back on market due to buyer financing falling through. Gorgeous, lakefront home with an oversized 2-car garage located towards the end of a private, dead-end street. This home offers the ultimate entertainment space for friends and family with a spacious open floor plan, soaring cathedral ceilings, tiled flooring, fireplace, built-in surround sound speakers, and a convenient 1st floor bedroom/office with a full bath. Enjoy brand new appliances, rich oak cabinets and Silestone counters in the large kitchen overlooking the entire living area. The living space continues outdoors to a charming open patio complete with arched lighting and relaxing views of the lake and large, green backyard. The 2nd floor includes a master retreat with 2 additional bedrooms and guest bathroom.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Laundry2: Yes
  • Waterview:Lake2: Yes
  • Rooms:Great Room: Yes
  • Waterfront:Lake: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Microwave, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Warranty Provided
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Ceiling Cathedral, Ceiling Raised, Fireplace, Floor Tile, Floor WW Carpet, Furnished - None, Washer/Dryer Hookup
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Warranty Provided: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Interior:Ceiling Cathedral: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Lot Features: Covenants, Dead End, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Roof Dimensional Shg, Stucco
  • Exterior Features: Lawn Pump, Patio Open, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • Exterior:Patio Open: Yes
  • Lot Features:Dead End: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Sprinkler System: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage, Oversized
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Oversized: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community, Pavillion/Gazebo, Pets Allowed, Playground, Pool, Tennis
  • Association #2 Fee: 275.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Management, Master Association, Recreational Faclty

Schools

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

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 00-2S-22-0981-0000-0120
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1956.66
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2016
Closed on
Apr 11, 2017
Sold by
Zawisza Stanley F and Zawisza Colette M
Bought by
Enriquez Vicente Hernando
Seller's Agent
Karen Phillips
The Agency Northwest Florida Beaches
Buyer's Agent
Yeska Sand
Ruckel Properties Inc
List Price
$335,000
Sold Price
$335,000
Current Estimated Value
$737,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,362
Avg. Annual Appreciation
9.40%
Original Mortgage
$284,750
Outstanding Balance
$234,526
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$502,836

Purchase Details

Closed on
Feb 16, 2011
Sold by
Ericksen Wayne K and Ericksen Penny K
Bought by
Zawisza Stanley F and Zawisza Colette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2005
Sold by
Dailey Timothy P
Bought by
Ericksen Wayne K and Ericksen Penny K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 30, 2004
Sold by
Medler Dennis K and The Medler Family Trust
Bought by
Dailey Timothy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,920
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2003
Sold by
Medler Robert J and Medler Dennis
Bought by
Medler Dennis K and The Medler Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,776
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2003
Sold by
Adams Homes Of Northwest Florida Inc
Bought by
Medler Robert J and Medler Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,776
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Enriquez Vicente Hernando $335,000 Attorney
Zawisza Stanley F $260,000 H & S Title & Escrow Inc
Ericksen Wayne K $534,900 Southern Escrow & Title Llc
Dailey Timothy P $319,900 --
Medler Dennis K -- --
Medler Robert J $239,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enriquez Vicente Hernando $284,750
Previous Owner Zawisza Stanley F $247,000
Previous Owner Ericksen Wayne K $359,650
Previous Owner Dailey Timothy P $255,920
Previous Owner Medler Robert J $191,776
Closed Medler Robert J $23,972
Closed Ericksen Wayne K $28,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2017 04/11/17 Sold $335,000 0.0% $139 / Sq Ft
02/03/2017 02/03/17 Pending -- -- --
12/30/2016 12/30/16 For Sale $335,000 -- $139 / 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
2025 $3,555 $375,571 -- --
2024 $3,372 $364,986 -- --
2023 $3,372 $354,355 $0 $0
2022 $3,296 $344,034 $0 $0
2021 $3,302 $334,014 $0 $0
2020 $3,279 $329,402 $0 $0
2019 $3,217 $319,324 $67,261 $252,063
2018 $3,139 $272,371 $0 $0
2017 $1,961 $202,872 $0 $0
2016 $1,909 $198,699 $0 $0
2015 $1,957 $197,318 $0 $0
2014 $1,977 $196,705 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 758260

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0981-0000-0120