S
Seller's Agent in 2021
Sandra Sharpe
Coldwell Banker Realty
(850) 830-2222
16 in this area
90 Total Sales
38 Terra Cotta Way Destin, FL 32541
Estimated Value: $1,061,413 - $1,275,000
3
Beds
3
Baths
2,488
Sq Ft
$468/Sq Ft
Est. Value
Highlights
- Deeded access to the beach
- Heated In Ground Pool
- Vaulted Ceiling
- Destin Elementary School Rated A-
- Gulf View
- Marble Flooring
About This Home
As of January 202151 steps to the beach!!!! Awesome gulf VIEWS! What views on this first tier lot directly on Scenic Hwy 98, Sitting on a hill overlooking the beautiful gulf of Mexico. Steps to the deeded beach access. The value is in the land only. INVESTORS build a home and get potential annual gross rentals $90,000. Currently the home has views from all three levels, so you can rebuild to have awesome gulf views!!! SELLER WILL PAY $15K TOWARDS CLOSING COSTS OR DEMOLITION
Only steps to the deeded beach access. Neighborhood has a community pool, volleyball pit and fitness center, owners room. This home can not be financed, only cash or pre-construction loans! SOLD AS IS
Last Agent to Sell the Property
Coldwell Banker Realty License #708566 Listed on: 01/02/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,384
Year Built
- Built in 1991
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 70x116x57x116
- Corner Lot
- Sprinkler System
HOA Fees
- $160 Monthly HOA Fees
Home Design
- Mediterranean Architecture
- Exterior Columns
- Slate Roof
- Stucco
- Slate
Interior Spaces
- 2,488 Sq Ft Home
- 3-Story Property
- Furnished
- Built-in Bookshelves
- Crown Molding
- Vaulted Ceiling
- Ceiling Fan
- Fireplace
- Double Pane Windows
- Insulated Doors
- Entrance Foyer
- Great Room
- Sitting Room
- Living Room
- Dining Room
- Utility Room
- Gulf Views
Kitchen
- Breakfast Bar
- Double Self-Cleaning Oven
- Electric Oven or Range
- Cooktop with Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wall to Wall Carpet
- Marble
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- 3 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
- Garden Bath
Home Security
- Fire and Smoke Detector
- Fire Sprinkler System
Eco-Friendly Details
- Energy-Efficient Doors
Pool
- Heated In Ground Pool
- Spa
Outdoor Features
- Deeded access to the beach
- Balcony
- Covered Deck
Schools
- Destin Elementary And Middle School
- Fort Walton Beach High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-2499-0000-0010
Community Details
Overview
- Association fees include accounting, land recreation, management
- Terra Cotta Terrace Subdivision
- The community has rules related to covenants
Amenities
- Community Barbecue Grill
- Recreation Room
Recreation
- Tennis Courts
- Community Pool
Security
- Building Fire Alarm
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 2, 2021
Closed on
Jan 19, 2021
Sold by
Pennies In Heaven Llc
Bought by
Jeandron Ronald Joseph
Seller's Agent
Sandra Sharpe
Coldwell Banker Realty
Buyer's Agent
Sandra Sharpe
Coldwell Banker Realty
List Price
$522,500
Sold Price
$522,500
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$642,353
Avg. Annual Appreciation
17.69%
Purchase Details
Closed on
Oct 25, 2010
Sold by
Garon Joseph and Garon Rodeana
Bought by
Pennies In Heaven Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 15, 2004
Sold by
Smith Ronald C and Smith Beverly Ledet
Bought by
Garon Joseph and Garon Rodeana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 20, 2002
Sold by
Smith Beverly Ledet
Bought by
Smith Ronald C and Smith Beverly
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jeandron Ronald Joseph | $522,500 | Nautilus Title And Escrow | |
| Pennies In Heaven Llc | $507,500 | Aqua Title | |
| Garon Joseph | $700,000 | Dba Advance Title | |
| Smith Ronald C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pennies In Heaven Llc | $217,000 | |
| Previous Owner | Garon Joseph | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/19/2021 01/19/21 | Sold | $522,500 | 0.0% | $210 / Sq Ft |
| 01/10/2021 01/10/21 | Pending | -- | -- | -- |
| 01/02/2021 01/02/21 | For Sale | $522,500 | -- | $210 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $10,023 | $976,701 | $264,825 | $711,876 |
| 2023 | $10,023 | $914,499 | $247,500 | $666,999 |
| 2022 | $7,417 | $615,507 | $190,304 | $425,203 |
| 2021 | $5,768 | $464,499 | $164,934 | $299,565 |
| 2020 | $6,703 | $535,692 | $157,080 | $378,612 |
| 2019 | $6,403 | $504,796 | $157,080 | $347,716 |
| 2018 | $6,384 | $497,149 | $0 | $0 |
| 2017 | $5,945 | $454,884 | $0 | $0 |
| 2016 | $5,867 | $451,670 | $0 | $0 |
| 2015 | $5,801 | $440,879 | $0 | $0 |
| 2014 | $5,294 | $394,747 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sandra Sharpe
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 838475
APN: 00-2S-22-2499-0000-0010
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