NOT LISTED FOR SALE

40 Terra Cotta Way Destin, FL 32541

Estimated Value: $1,608,949 - $1,913,000

6 Beds
5 Baths
3,600 Sq Ft
$477/Sq Ft Est. Value

Last Sold April 05, 2022

Last sale price $1,700,000 $472 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $10,559/month

3 Days on Market

Highlights

  • Beach
  • Gulf View
  • Vaulted Ceiling
  • Destin Elementary School Rated A-
  • Newly Painted Property
  • Wood Flooring

About This Home

As of April 2022

Presenting for the first time since major renovation, 'Sand Dollars & Sunsets' is only a few steps from neighborhood beach access & the sugar white sands of the Gulf of Mexico. Featuring 6 Bedrooms, three of which may be used as primary. Balconies for each room and eastern facing elevation ensures beautiful sunrises and year-round gentle gulf breezes. Primary home? Investment property? This one is a must see. A Ground Floor lockout features the flexibility of a separately accessible living space or, open an interior door to incorporate the space into the main house. Totally renovated, carpet free & presented fully furnished, this turnkey home is ready for your beachside lifestyle or vacation rental. Scenic 98 walking path is 100 feet from your front door. Schedule your tour today!

Last Agent to Sell the Property

Deana Grau

Keller Williams Realty Destin License #3314497 Listed on: 02/15/2022

Keller Williams Realty Destin

Last Buyer's Agent

Deana Grau

Keller Williams Realty Destin License #3314497 Listed on: 02/15/2022

Keller Williams Realty Destin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,759

Year Built

  • Built in 1993 | Remodeled

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 117

HOA Fees

  • $170 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Newly Painted Property
  • Exterior Columns
  • Frame Construction
  • Slate Roof
  • Wood Trim
  • Stucco
  • Slate

Interior Spaces

  • 3,600 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Recessed Lighting
  • Fireplace
  • Window Treatments
  • Great Room
  • Living Room
  • Dining Area
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • 5 Full Bathrooms
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Lock
  • Balcony
  • Covered Patio or Porch

Additional Homes

  • Dwelling with Separate Living Area

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • Two Heating Systems
  • High Efficiency Heating System
  • Underground Utilities
  • Multiple Water Heaters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2499-0000-0020

Community Details

Overview

  • Association fees include accounting, master, recreational faclty
  • Terra Cotta Terrace Subdivision
  • The community has rules related to covenants

Amenities

  • Community Barbecue Grill
  • Recreation Room

Recreation

  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,759

Year Built

Built in 1993 | Remodeled

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Lot Size: 50 x 117
  • Road Surface Type: Paved
  • Subdivision Name: TERRA COTTA TERRACE
  • Directions: Scenic 98 to Terra Cotta Way - this home is second on the left
  • Architectural Style: Mediterranean
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1993
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Energy:Heat High Efficiency: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - High Efficiency: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Balcony2: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Rooms:Great Room: Yes
  • Energy:Heat - Two or More: Yes
  • Energy:Water Heater - Two: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven Continue Clean, Range Hood, Refrigerator, Smoke Detector, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Interior Amenities: Breakfast Bar, Ceiling Raised, Fireplace, Fireplace 2+, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Lock Out, Newly Painted, Owner's Closet, Pantry, Renovated, Split Bedroom, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Range Hood: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Interior:Fireplace: Yes
  • Appliances:Oven Continue Clean: Yes
  • Interior:Fireplace 2: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Frame, Roof Tile/Slate, Stucco, Trim Wood
  • Exterior Features: Balcony, Columns, Patio Covered, Patio Open, Porch, Porch Open, Renovated, Separate Living Area, Shower
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Porch Open: Yes
  • Exterior:Shower: Yes
  • Exterior:Columns: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Lot Features:Sidewalk: Yes
  • ConstructionSiding:Roof TileSlate: Yes
  • Exterior:Separate Living Area: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Pets Allowed, Playground, Pool, Tennis, TV Cable
  • Association #2 Fee: 170.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Master Association, Recreational Faclty

Schools

  • Elementary School: Destin
  • High School: Destin
  • Middle Or Junior School: Destin

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: 00-2S-22-2499-0000-0020
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7758.66
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2020
Closed on
Sep 4, 2020
Sold by
Hamer Real Estate Holdings Llc
Bought by
Red Yucca Llc
Seller's Agent
TIFFINY SUTTON
Realty ONE Group Emerald Coast
Buyer's Agent
Deana Grau
Keller Williams Realty Destin
List Price
$790,000
Sold Price
$790,000
Current Estimated Value
$1,717,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$927,987
Avg. Annual Appreciation
17.33%

Purchase Details

Listed on
Jun 19, 2013
Closed on
Aug 30, 2013
Sold by
Mccarron Francis P and Mccarron Yvonne M
Bought by
Hamer Real Estate Holdings Llc
Seller's Agent
Rachell Chauvin
Legendary Realty LLC
Buyer's Agent
ecn.rets.e0266
ecn.rets.RETS_OFFICE
List Price
$640,000
Sold Price
$640,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%

Purchase Details

Closed on
Jun 30, 2003
Sold by
Moody Hilda S
Bought by
Mccarron Francis P and Mccarron Yvonne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,200
Interest Rate
2.87%
Mortgage Type
Purchase Money Mortgage
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
Red Yucca Llc $790,000 None Available
Hamer Real Estate Holdings Llc $640,000 None Available
Mccarron Francis P $549,000 Touchstone Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccarron Francis P $439,200
Closed Mccarron Francis P $54,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2022 04/05/22 Sold $1,700,000 0.0% $472 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $1,700,000 +115.2% $472 / Sq Ft
09/04/2020 09/04/20 Sold $790,000 0.0% $224 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
04/21/2020 04/21/20 For Sale $790,000 +23.4% $224 / Sq Ft
08/30/2013 08/30/13 Sold $640,000 0.0% $207 / Sq Ft
07/25/2013 07/25/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $640,000 -- $207 / 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 $15,369 $1,326,756 $252,788 $1,073,968
2023 $15,369 $1,286,542 $236,250 $1,050,292
2022 $10,345 $1,057,062 $181,654 $875,408
2021 $10,345 $624,782 $157,437 $467,345
2020 $6,913 $552,534 $149,940 $402,594
2019 $6,589 $519,450 $149,940 $369,510
2018 $6,554 $510,387 $0 $0
2017 $6,213 $475,365 $0 $0
2016 $6,128 $471,781 $0 $0
2015 $6,063 $460,493 $0 $0
2014 $5,538 $412,914 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 891189

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2499-0000-0020