$640,000
SOLD AUG 30, 2013

40 Terra Cotta Way Destin, FL 32541

4 Beds
4 Baths
3,096 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$207 Per Sq Ft

36 Days on Market

Highlights

  • Deeded access to the beach
  • Gulf View
  • Furnished
  • Destin Elementary School Rated A-
  • Beach House
  • Screened Porch

About This Home

As of April 2022

Buyer Walked. Don't miss out on this incredible resort home. Best Ocean Views in Subdivision. This hand painted villa has fabulous rental income. Open floor plan offers great place for families to relax and unwind together. Around 1100 sq ft of balcony space. Crown moldings accentuate 10' ceilings. Master bath includes separate walk-in shower and Jacuzzi tub. Screened in porches and balconies off every bedroom. First floor has in-law suite with its own kitchen and full bath. The murals throughout the home make it an exciting and attractive place for renters. Lush landscaping and 3 car brick paver driveway. Outside of home is Hard Coat Stucco. House is very close to all Destin has to offer but it tucked away in a quiet neighborhood. This house has been a non-smoking, pet free getaway for owners and guests alike. Seller has grossed over $90,000 in rental revenue already for 2013.

Last Agent to Sell the Property

Rachell Chauvin

Legendary Realty LLC License #3233320 Listed on: 06/19/2013

Co-Listed By

Debbie Craul

Legendary Realty LLC License #599669

Last Buyer's Agent

ecn.rets.e0266

ecn.rets.RETS_OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,369

Year Built

  • Built in 1993

Lot Details

  • Lot Dimensions are 50x116
  • Partially Fenced Property
  • Sprinkler System

HOA Fees

  • $145 Monthly HOA Fees

Home Design

  • Beach House

Interior Spaces

  • 3,096 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Fireplace
  • Living Room
  • Dining Room
  • Screened Porch
  • Gulf Views

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Covered Deck
  • Built-In Barbecue

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • Terra Cotta Terrace Subdivision

Amenities

  • Recreation Room

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,369

Year Built

Built in 1993

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 50X116
  • Road Frontage Type: City Street
  • Co List Office Mls Id: ELR3
  • Co List Office Phone: 850-337-8800
  • Subdivision Name: TERRA COTTA TERRACE
  • Directions: Head East on Scenic Hwy 98 past Destiny. Terra Cotta Terrace will be on the left.
  • Architectural Style: Beach House
  • 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
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Heat Cntrl Gas: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Gas, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Furnished - All
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Furnished - All: Yes
  • Appliances:StoveOven Gas: Yes

Exterior Features

  • View: Gulf
  • Exterior Features: Balcony, BBQ Pit/Grill, Deck Enclosed, Fenced Lot-Part, Fireplace, Porch Screened, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Exterior:Balcony: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Fireplace2: Yes
  • Exterior:Deck Enclosed: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Community Room, Deed Access, Pool, TV Cable
  • Association #2 Fee: 145.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2499-0000-0020
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

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
Not Available
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 Type Sale Price Title Company
Warranty Deed $790,000 None Available
Warranty Deed $640,000 None Available
Warranty Deed $549,000 Touchstone Land Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $439,200 Purchase Money Mortgage
Closed $54,900 No Value Available
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

  • Deana Grau

    Seller's Agent in 2022

    Deana Grau

    Keller Williams Realty Destin

    (850) 830-2888

    2 in this area

    44 Total Sales

    Deana Grau
    Section Image

  • T

    Seller's Agent in 2020

    TIFFINY SUTTON

    Realty ONE Group Emerald Coast

    Section Image

  • S

    Seller Co-Listing Agent in 2020

    SCOTT GREGORY

    EXP Realty LLC

    (850) 677-1630

    3 in this area

    74 Total Sales

    SCOTT GREGORY
    Section Image

  • R

    Seller's Agent in 2013

    Rachell Chauvin

    Legendary Realty LLC

    (850) 376-6030

    134 in this area

    143 Total Sales

    Rachell Chauvin
    Section Image

  • D

    Seller Co-Listing Agent in 2013

    Debbie Craul

    Legendary Realty LLC

  • e

    Buyer's Agent in 2013

    ecn.rets.e0266

    ecn.rets.RETS_OFFICE

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 562885

Emerald Coast Association of REALTORS®

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

Florida Okaloosa County Destin 32541

40 Terra Cotta Way, Destin, FL

This home is located at 40 Terra Cotta Way, Destin, FL 32541 and is currently priced at $640,000, approximately $206 per square foot. This property was built in 1993. 40 Terra Cotta Way is a home located in Okaloosa County with nearby schools including Destin Elementary School, Destin Middle School, and Fort Walton Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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