$85,000
SOLD APR 30, 2012 RENTED NOV 12, 2024

4000 Gulf Terrace Dr Unit 191 Destin, FL 32541

2 Beds
1.5 Baths
1,054 Sq Ft
$440/mo HOA Fee

Recently Sold

$81 Per Sq Ft

1,064 Days on Market

Highlights

  • Parking available for a boat
  • Fishing
  • Furnished
  • Destin Elementary School Rated A-
  • Gated Community
  • Community Pool

About This Home

As of December 2021

THIS IS ABSOLUTELY THE BEST PRICED BEST CONDITION 2 BEDROOM UNIT IN GULF TERRACE. NEW AC UNIT, NEW FURNITURE, NEW CARPET, AND NEWLY PAINTED. This is a fantastic downstairs condo in excellent condition! Located near the front gate near HWY 98 and the beach. Gulf Terrace amenities include three swimming pools, two tennis courts, clubhouse, lake and fishing. Convenient to shopping, restaurants, water park, movie rentals, Henderson State Park and the beautiful Gulf of Mexico. You even have a slight gulf view from the living room of this condo. This unit is a great rental. Buyer to verify footage and room dimensions. UNIT EXPANDED TO GIVE MORE FOOTAGE.

Last Agent to Sell the Property

John Gillesipe

The Realty Firm Inc License #703703 Listed on: 04/29/2009

Co-Listed By

Lynette Campbell

The Realty Firm Inc License #3040733

Last Buyer's Agent

Sarah Stone

Scenic Sotheby's International Realty License #3093630

Scenic Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,733

Year Built

  • Built in 1977

HOA Fees

  • $440 Monthly HOA Fees

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,054 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Wall to Wall Carpet

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Parking

  • Guest Parking
  • Parking available for a boat

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-1095-0000-0191

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, land recreation, licenses/permits, management, master, sewer, water, cable TV, trash
  • Gulf Terrace Condo Subdivision

Amenities

  • Recreation Room
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool
  • Fishing

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,733

Year Built

Built in 1977

Lot Details

0

HOA Fees

$440 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: ETRF
  • Co List Office Phone: 850-585-4869
  • Subdivision Name: GULF TERRACE CONDO
  • Directions: HWY 98 TO WENDY'S, TURN NORTH ON GULF TERRACE TO COMPLEX.
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1977
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Electric, Warranty Provided
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor WW Carpet, Furnished - All, Window Treatment All
  • Stories: 2
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Warranty Provided: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Range Hood: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Construction Type: Block, Roof Metal, Vinyl Siding, Slab
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Boat, Guest, Other
  • Parking Features:Other3: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Boat: 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: Community Room, Dumpster, Fishing, Gated Community, Laundry, Pool, Tennis
  • Association #2 Fee: 440.12
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Land Recreation, Licenses/Permits, Management, Master Association, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-1095-0000-0191
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2021
Closed on
Dec 22, 2021
Sold by
Legendre Jr Frederick J and Legendre Carol M
Bought by
Dugas Lindsay
Seller's Agent
Sarah Stone
Scenic Sotheby's International Realty
Buyer's Agent
Amanda Beck
Coldwell Banker Realty
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$331,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,562
Avg. Annual Appreciation
7.91%

Purchase Details

Listed on
Nov 21, 2021
Closed on
Dec 9, 2021
Sold by
Legendre Iii Frederick J
Bought by
Legendre Frederick J and Legendre Carol M
Seller's Agent
Sarah Stone
Scenic Sotheby's International Realty
Buyer's Agent
Amanda Beck
Coldwell Banker Realty
List Price
$250,000
Sold Price
$250,000

Purchase Details

Listed on
Apr 29, 2009
Closed on
Apr 27, 2012
Sold by
Roy David W
Bought by
Legendre Frederick J and Legendre Frederick J
Seller's Agent
John Gillesipe
The Realty Firm Inc
Buyer's Agent
Sarah Stone
Scenic Sotheby's International Realty
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.83%
Original Mortgage
$68,000
Interest Rate
5.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 31, 2008
Sold by
Love Bettie V
Bought by
Roy David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2001
Sold by
Vanderslice C W and Vanderslice Norma Jean
Bought by
Love Michael D and Love Bettie V

Purchase Details

Closed on
Nov 10, 1998
Sold by
Fricks E J
Bought by
Fricks Julius Clay and Fricks Jon Glenn
Source: Public Records

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Range of Values:

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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 $250,000 Sunbelt Title
Quit Claim Deed -- Sunbelt Title
Warranty Deed $85,000 Mcneese Title Llc
Warranty Deed $90,000 Touchstone Land Title Inc
Warranty Deed $70,700 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $68,000 Future Advance Clause Open End Mortgage
Previous Owner $72,000 Purchase Money Mortgage
Previous Owner $50,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 Rented $1,750 +2.9% --
10/30/2024 10/30/24 Price Changed $1,700 -10.5% $2 / Sq Ft
09/30/2024 09/30/24 Price Changed $1,900 -2.6% $2 / Sq Ft
09/27/2024 09/27/24 For Rent $1,950 0.0% --
12/22/2021 12/22/21 Sold $250,000 0.0% $238 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/21/2021 11/21/21 For Sale $250,000 +194.1% $238 / Sq Ft
04/30/2012 04/30/12 Sold $85,000 0.0% $81 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
04/29/2009 04/29/09 For Sale $85,000 -- $81 / 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 $2,733 $230,000 -- $230,000
2023 $2,733 $245,000 $0 $245,000
2022 $2,356 $195,500 $0 $195,500
2021 $1,295 $110,000 $0 $110,000
2020 $1,126 $90,000 $0 $90,000
2019 $1,062 $85,000 $0 $85,000
2018 $963 $75,000 $0 $0
2017 $941 $72,000 $0 $0
2016 $905 $70,000 $0 $0
2015 $835 $63,000 $0 $0
2014 $791 $59,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 515450

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1095-0000-0191