NOT LISTED FOR SALE

4000 Gulf Terrace Dr Unit 242 Destin, FL 32541

Estimated Value: $217,000 - $311,000

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

Last Sold February 22, 2019

Last sale price $107,000 $119 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,053/month

50 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Gated Community
  • Destin Elementary School Rated A-
  • Fishing
  • Newly Painted Property

About This Home

As of February 2019

This property is being offered as a Short Sale. THIS IS A 2 BEDROOM, 1 BATHROOM, SECOND FLOOR UNIT. WALK TO THE BEACH OR LAKE AND RELAX. COMPLEX CONTAINS 3 POOLS, 2 TENNIS COURTS, COMMUNITY ROOM ON THE LAKE, AND ON SITE MANAGEMENT. THE LOCATION IS CONVENIENT TO THE BEACH, DINING, CHARTER FISHING, GOLF, SHOPPING AND FUN! THE UNIT IS IDEAL FOR INVESTMENT RENTAL PROPERTY OR FOR THE PERFECT FULL TIME CONDO/HOME IN THE HEART OF DESTIN. OWNER'S PETS ARE ALLOWED.

Last Agent to Sell the Property

Denise Dufault

Sea Coast Realty Group Inc License #573226 Listed on: 12/20/2018

Last Buyer's Agent

ecn.rets.e25927

ecn.rets.RETS_OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $941

Year Built

  • Built in 1976

Lot Details

  • Lake Front

HOA Fees

  • $364 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Newly Painted Property
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Living Room
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony
  • Covered Deck
  • 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 00-2S-22-1095-0242-0000

Community Details

Overview

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

Amenities

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

Recreation

  • Tennis Courts
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$941

Year Built

Built in 1976

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 Hyw 98 between Chik-fil-a and the Waffle House.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1976
  • Appliances Dryer: 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
  • Washers: Yes
  • Utilities:Community Water: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Balcony2: Yes
  • Waterfront:Lake: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Number Of Buildings: 8
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Laminate, Furnished - All, Newly Painted
  • Stories: 2
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Furnished - All: Yes
  • Interior:Newly Painted: Yes
  • Interior:Floor Laminate: Yes

Exterior Features

  • Pool Features: Pool Type
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Block, Frame, Roof Metal, Vinyl Siding
  • Exterior Features: BBQ Pit/Grill, Deck Covered, 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:Deck Covered: Yes
  • ConstructionSiding:Frame: 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
  • 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, Dumpster, Fishing, Gated Community, Laundry, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable
  • Association #2 Fee: 364.31
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 00-2S-22-1095-0242-0000
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 940.98
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2018
Closed on
Feb 22, 2019
Sold by
Nowo Ultimate Holdings Llc
Bought by
Clarke Stacey Ann
Seller's Agent
Denise Dufault
Sea Coast Realty Group Inc
Buyer's Agent
ecn.rets.e25927
ecn.rets.RETS_OFFICE
List Price
$107,000
Sold Price
$107,000
Current Estimated Value
$259,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,641
Avg. Annual Appreciation
14.52%

Purchase Details

Listed on
Jun 12, 2015
Closed on
Sep 28, 2015
Sold by
Alexander Linda
Bought by
Nowo Ultimate Holdings Llc and Tkand4 Holdings Llc
Seller's Agent
Denise Dufault
Sea Coast Realty Group Inc
Buyer's Agent
Denise Dufault
Sea Coast Realty Group Inc
List Price
$92,500
Sold Price
$92,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%

Purchase Details

Listed on
Sep 6, 2013
Closed on
Feb 19, 2014
Sold by
Coker Anne and Frazier Anne
Bought by
Alexander Linda
Seller's Agent
Stephan Mihacevich
Coldwell Banker Realty
Buyer's Agent
Denise Dufault
Sea Coast Realty Group Inc
List Price
$67,000
Sold Price
$67,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.18%
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 Buyer Sale Price Title Company
Clarke Stacey Ann $107,000 Vintage Title & Escrow Inc
Nowo Ultimate Holdings Llc $92,500 Mcneese Title Llc
Alexander Linda $67,000 Priority Title Of Nw Fl Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coker Patricia Ann $193,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2019 06/23/19 Off Market $67,000 -- --
02/22/2019 02/22/19 Sold $107,000 0.0% $119 / Sq Ft
02/08/2019 02/08/19 Pending -- -- --
12/20/2018 12/20/18 For Sale $107,000 +15.7% $119 / Sq Ft
09/28/2015 09/28/15 Sold $92,500 0.0% $96 / Sq Ft
08/17/2015 08/17/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $92,500 +38.1% $96 / Sq Ft
02/19/2014 02/19/14 Sold $67,000 0.0% $89 / Sq Ft
09/23/2013 09/23/13 Pending -- -- --
09/06/2013 09/06/13 For Sale $67,000 -- $89 / 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 $2,117 $230,000 -- $230,000
2023 $2,117 $245,000 $0 $245,000
2022 $1,653 $170,000 $0 $170,000
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 $909 $70,000 $0 $0
2015 $835 $63,000 $0 $0
2014 $791 $59,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Denise Dufault

    Sea Coast Realty Group Inc

  • e

    Buyer's Agent in 2019

    ecn.rets.e25927

    ecn.rets.RETS_OFFICE

  • S

    Seller's Agent in 2014

    Stephan Mihacevich

    Coldwell Banker Realty

    (850) 217-1904

    1 in this area

    18 Total Sales

    Stephan Mihacevich
    Section Image

  • T

    Seller Co-Listing Agent in 2014

    T Keith Bailey

    Century 21 AllPoints Realty

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 812849

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1095-0242-0000

Florida Okaloosa County Destin 32541

4000 Gulf Terrace Dr Unit 242, Destin, FL

This home is located at 4000 Gulf Terrace Dr Unit 242, Destin, FL 32541 since 20 December 2018 and is currently estimated at $259,641, approximately $288 per square foot. This property was built in 1976. 4000 Gulf Terrace Dr Unit 242 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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