NOT LISTED FOR SALE

4000 Gulf Terrace Dr Unit 221 Destin, FL 32541

Estimated Value: $232,375 - $302,000

2 Beds
1 Bath
900 Sq Ft
$364/mo HOA Fee

Last Sold April 08, 2019

Last sale price $118,000 $131 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,040/month

28 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Balcony
  • Destin Elementary School Rated A-
  • Gazebo
  • Living Room

About This Home

As of April 2019

Charming 2 bedroom condo Located next to one of the 3 pools & club house. Laminate flooring. Washer, Dryer hook up. All appliances convey. Rent should be 1350.00 based on today's rents in GT. Awesome view of the lake. The condo had been expanded offering more square footage for living space. Amenities Include: Community room, 3 pools, tennis, barbecue grills & picnic tables. Buyer to verify any and all dimensions.

Last Agent to Sell the Property

Denise Dufault

Sea Coast Realty Group Inc License #573226 Listed on: 03/04/2019

Last Buyer's Agent

shelia coffee

Berkshire Hathaway HomeServices License #3120377

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,035

Year Built

  • Built in 1974

Lot Details

  • Lake Front

HOA Fees

  • $364 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Laminate Flooring
  • Lake Views
  • Exterior Washer Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Balcony
  • Gazebo
  • Built-In Barbecue

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00-25-22-1095-0221-0000

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, legal, licenses/permits, sewer, water, cable TV, trash
  • 8 Buildings
  • 8 Units
  • Gulf Terrace Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Community Pavilion
  • Recreation Room
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,035

Year Built

Built in 1974

Lot Details

0

HOA Fees

$364 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: GULF TERRACE CONDO
  • Directions: Across the street from sundestin. On the north side of Hwy 98 between Chick-fil-a and the waffle house
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1974
  • ResoBuildingAreaSource: Appraiser
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Utilities:Community Water: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Balcony2: Yes
  • Waterview:Lake2: Yes
  • Waterfront:Lake: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Number Of Buildings: 8
  • Appliances: Disposal, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Floor Laminate, Washer/Dryer Hookup, Window Treatment All
  • Stories: 2
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Floor Laminate: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Block, Roof Metal, Vinyl Siding
  • Exterior Features: BBQ Pit/Grill, Pavillion/Gazebo, Pool - In-Ground, Tennis Court
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:PavillionGazebo: Yes
  • Exterior:Tennis Court: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Guest, Other
  • Parking Features:Other3: Yes
  • Parking Features:Guest: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Community Sewer, Community Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Laundry, Pavillion/Gazebo, Pets Allowed, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 364.21
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Legal, Licenses/Permits, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-25-22-1095-0221-0000
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2019
Closed on
Apr 8, 2019
Sold by
Raju Investments Llc
Bought by
Weda Holdings Llc
Seller's Agent
Denise Dufault
Sea Coast Realty Group Inc
Buyer's Agent
shelia coffee
Berkshire Hathaway HomeServices
List Price
$118,000
Sold Price
$118,000
Current Estimated Value
$276,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,844
Avg. Annual Appreciation
14.28%

Purchase Details

Closed on
Apr 25, 2008
Sold by
Henderson David Curtis
Bought by
Raju Investments Llc

Purchase Details

Closed on
Apr 19, 2001
Sold by
Briscoe Patsy Ray
Bought by
Henderson David Curtis
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
Weda Holdings Llc $118,000 Attorney
Raju Investments Llc $95,000 Title Works
Henderson David Curtis $60,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2019 04/08/19 Sold $118,000 0.0% $131 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $118,000 -- $131 / 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 $2,035 $230,000 -- $230,000
2023 $2,035 $230,000 $0 $230,000
2022 $1,597 $160,000 $0 $160,000
2021 $1,327 $115,500 $0 $115,500
2020 $1,126 $90,000 $0 $90,000
2019 $1,076 $85,000 $0 $85,000
2018 $989 $77,000 $0 $0
2017 $954 $73,000 $0 $0
2016 $946 $73,000 $0 $0
2015 $874 $66,000 $0 $0
2014 $831 $62,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 817354

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1095-0221-0000