NOT LISTED FOR SALE

36 Varazze Cay Destin, FL 32541

Estimated Value: $1,616,241 - $1,868,000

3 Beds
3.5 Baths
3,144 Sq Ft
$556/Sq Ft Est. Value

Last Sold March 30, 2017

Last sale price $920,000 $293 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $10,550/month

397 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Gated Community
  • Destin Elementary School Rated A-
  • Gulf View
  • Cathedral Ceiling

About This Home

As of March 2017

NOT a short sale!! Great Rental Opportunity or Private Home...Located in Elite Gated Community of Destiny by the Sea! Sold Completely Furnished rental ready! 3 Story Mediterranean Style home with ELEVATOR private Master Suite on 3rd Floor featuring Fireplace, Balcony, 42'' Built in TV, 6 Head U-Shaped walk around Shower, Large his and her double vanity,Whirlpool tub, sitting area, walk in closet and wet bar...That is just the Master Suite!!! 2nd floor offers your Custom built Gourmet Kitchen, all stainless appliances(Double ovens, 6 burner gas stove, microwave, built in refrigerator and TV) Large bar area with all granite counter tops, Laundry Room & Half Bath...Living Room with 42'' built in TV, Wet Bar, Surround Sound through out, Fireplace, and Balcony..great for grilling out! 2 Guest Bedrooms and Full baths on the 1st Floor where they are all set up with their own wet bar, mini frig and microwave. Home has all Travertine flooring, ADT security system, pest treatment is done through wall system...the list goes on with extras! Go by and see this beautiful property today and Bring ALL Offers!!

Last Agent to Sell the Property

Jonathan Spears

Compass License #3231352 Listed on: 01/23/2016

Compass

Last Buyer's Agent

Laurie Hollowell

Keller Williams Realty Destin License #Bk692278

Keller Williams Realty Destin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,987

Year Built

  • Built in 2006

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 30x90
  • Level Lot

HOA Fees

  • $368 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Tuscan Architecture
  • Exterior Columns
  • Frame Construction
  • Slate Roof
  • Stucco
  • Slate

Interior Spaces

  • 3,144 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Built-in Bookshelves
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Oven or Range
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Trash Compactor

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0075-0000-0550

Community Details

Overview

  • Destiny By The Sea Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Additional Features

  • Community Barbecue Grill
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,987

Year Built

Built in 2006

Lot Details

0

HOA Fees

$305 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Lot Size: 30x90
  • Road Surface Type: Paved
  • Subdivision Name: DESTINY BY THE SEA
  • Directions: From Scenic Highway 98, turn South into Destiny By The Sea and turn right once you've gone through the gate. Take 2nd left and the house is the first on the left.
  • Architectural Style: Tuscan
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2006
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Foyer: Yes
  • Rooms:Laundry2: Yes
  • Energy:AC - 2 or More: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Central Vacuum, Cooktop, Dishwasher, Microwave, Oven Continue Clean, Oven Double, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Gas, Trash Compactor, Wine Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Cathedral, Ceiling Crwn Molding, Ceiling Tray/Cofferd, Elevator, Fireplace 2+, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Lighting Recessed, Owner's Closet, Pantry, Washer/Dryer Hookup, Wet Bar
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Trash Compactor: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Ceiling Cathedral: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Appliances:Security System: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes
  • Appliances:Oven Double: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Appliances:Central Vacuum: Yes
  • Appliances:Oven Continue Clean: Yes
  • Interior:Fireplace 2: Yes

Exterior Features

  • Lot Features: Covenants, Level, Restrictions, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Frame, Roof Tile/Slate, Slab, Stucco
  • Exterior Features: Balcony, Columns, Patio Covered
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Columns: Yes
  • Lot Features:Sidewalk: Yes
  • ConstructionSiding:Roof TileSlate: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:Garage Attached: 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: BBQ Pit/Grill, Beach, Deed Access, Exercise Room, Gated Community, Pool, Tennis, TV Cable
  • Association #2 Fee: 1104.47
  • 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: 2613.6
  • Parcel #: 00-2S-22-0075-0000-0550
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7987.32
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2016
Closed on
Mar 29, 2017
Sold by
Egan Jason
Bought by
Gulledge Charles A and Gulledge Angela Brooke
Seller's Agent
Jonathan Spears
Compass
Buyer's Agent
Laurie Hollowell
Keller Williams Realty Destin
List Price
$920,000
Sold Price
$920,000
Current Estimated Value
$1,749,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$829,060
Avg. Annual Appreciation
7.81%
Original Mortgage
$900,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2012
Closed on
Jun 27, 2012
Sold by
Wise Donna M
Bought by
Egan Jason and Egan Toni A
Seller's Agent
Mary Ann Troiano
Destin Luxury Real Estate and Rental
Buyer's Agent
Mary Ann Troiano
Destin Luxury Real Estate and Rental
List Price
$630,000
Sold Price
$630,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
Original Mortgage
$415,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2006
Sold by
Vallianatos Andrew P
Bought by
Wise Wayne M and Wise Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2002
Sold by
Hopkins Hopkins Kelly T Kelly T and Hopkins Benson Kelly Therese
Bought by
Vallianatos Andrew P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.21%
Mortgage Type
Unknown
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
Gulledge Charles A $900,000 Rodgers Kiefer Title
Egan Jason $630,000 Vintage Title & Escrow Inc
Wise Wayne M $1,570,000 Title Works
Vallianatos Andrew P $72,500 Southern Escrow & Title Llc
Vallianatos Andrew P $72,500 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gulledge Charles A $900,000
Previous Owner Egan Jason $415,000
Previous Owner Wise Wayne M $1,000,000
Previous Owner Vallianatos Andrew P $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2019 06/23/19 Off Market $630,000 -- --
06/23/2019 06/23/19 Off Market $920,000 -- --
03/30/2017 03/30/17 Sold $920,000 0.0% $293 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
01/23/2016 01/23/16 For Sale $920,000 +46.0% $293 / Sq Ft
05/27/2012 05/27/12 Sold $630,000 0.0% $200 / Sq Ft View Prior Sale
05/23/2012 05/23/12 Pending -- -- --
05/11/2012 05/11/12 For Sale $630,000 -- $200 / 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 $12,859 $1,444,739 $675,404 $769,335
2023 $12,859 $1,219,970 $467,569 $752,401
2022 $11,234 $1,006,704 $397,790 $608,914
2021 $9,799 $789,098 $344,758 $444,340
2020 $9,220 $736,878 $328,341 $408,537
2019 $9,149 $721,236 $328,341 $392,895
2018 $9,227 $718,604 $0 $0
2017 $9,002 $688,816 $0 $0
2016 $8,665 $667,080 $0 $0
2015 $8,543 $644,854 $0 $0
2014 $7,987 $595,589 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 745058

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0075-0000-0550