NOT LISTED FOR SALE

40 Tranquility Ln Destin, FL 32541

Estimated Value: $1,984,009

0.18 Acres
$11,022,272 Price per Acre
7,841 Sq Ft Lot

Sale Details

Date Sold: September 2, 2014

Last sale price $265,000

Est. 649% increase in value since last sale

Current estimated payment $12,372 / mo

536 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Tennis Courts
  • Destin Elementary School Rated A-
  • Community Pool
  • Meeting Room

About This Lot

As of September 2014

Fabulous lot on Scenic 98 in one of the most prestigious beach communities in Destin, Florida!

Last Agent to Sell the Property

John Paul Somers

Somers & Company License #3210089 Listed on: 03/06/2013

Last Buyer's Agent

Jennifer Brown

The Beach Group Properties LLC

Property Details

Property Type

  • Land

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 65x120
  • Property fronts a private road

HOA Fees

  • $207 Monthly HOA Fees

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0072-0000-0130

Community Details

Overview

  • Association fees include accounting, management, recreational faclty
  • Destiny East Ph 1 Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Exercise Course
  • Community Pool

Additional Features

  • Meeting Room
  • Gated Community

Property Details

Property Type

Land

Lot Details

7,841 Sq Ft Lot

HOA Fees

$207 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.18
  • Lot Size: 65X120
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved Road
  • Subdivision Name: DESTINY EAST PH 1
  • Directions: Destiny East
  • Remarks Misc:Remarks: Fabulous lot on Scenic 98 in one of the most prestigious beach communities in Destin, Florida!
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Special Features: None

Utilities

  • Utilities: Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Community Room, Exercise Room, Gated Community, Playground, Pool, Tennis
  • Association #2 Fee: 622.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Management, Recreational Faclty

Schools

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

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 00-2S-22-0072-0000-0130
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2016
Sold by
Bought by
Current Estimated Value
$1,984,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$864,000
Outstanding Balance
$665,687
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,318,322

Purchase Details

Listed on
Mar 6, 2013
Closed on
Sep 2, 2014
Sold by
Bought by
Seller's Agent
John Paul Somers
Somers & Company
Buyer's Agent
Jennifer Brown
The Beach Group Properties LLC
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.60%

Purchase Details

Closed on
Jul 2, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 27, 2000
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,080,000 Mcneese Title Llc
$265,000 Mcneese Title Llc
-- None Available
-- --
$110,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $864,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/02/2014 09/02/14 Sold $265,000 0.0% --
08/24/2014 08/24/14 Pending -- -- --
03/06/2013 03/06/13 For Sale $265,000 -- --
Source: Emerald Coast Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $17,393 $1,522,128 $606,733 $915,395
2024 $15,849 $1,709,287 $589,061 $1,120,226
2023 $15,849 $1,503,714 $407,796 $1,095,918
2022 $13,953 $1,259,932 $370,723 $889,209
2021 $12,078 $972,644 $321,300 $651,344
2020 $11,326 $905,190 $306,000 $599,190
2019 $11,192 $882,354 $306,000 $576,354
2018 $10,695 $832,896 $0 $0
2017 $10,500 $803,434 $0 $0
2016 $3,098 $238,500 $0 $0
2015 -- $225,000 $0 $0
2014 -- $124,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Paul Somers

    Seller's Agent in 2014

    John Paul Somers

    Somers & Company

    (850) 585-0049

    241 Total Sales

    John Paul Somers
    Section Image

  • J

    Buyer's Agent in 2014

    Jennifer Brown

    The Beach Group Properties LLC

  • -

    Buyer's Agent in 2014

    - Ecn.rets.e9005

    ecn.rets.RETS_OFFICE

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 592504

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0072-0000-0130

Florida Okaloosa County Destin 32541

40 Tranquility Ln, Destin, FL

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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