NOT LISTED FOR SALE

406 Spring Ln Destin, FL 32541

Estimated Value: $360,605 - $408,000

3 Beds
2 Baths
1,434 Sq Ft
$272/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $380,000 $265 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,321/month

4 Days on Market

Highlights

  • Parking available for a boat
  • Fireplace
  • Interior Lot
  • Destin Elementary School Rated A-
  • 1 Car Attached Garage
  • Paneling

About This Home

As of March 2024

Seller has asked all offers be in by Sun. 2/25/24 & will make a decision Mon. AM Wonderful location in West Destin, Priced Under Appraisal! New Roof, Electrical Panel & Water Heater in 2022. Flood Zone X. Convenient to top rated schools, shopping, restaurants, coffee shop, local entertainment & not far from the beautiful sandy white beaches of the Emerald Coast. Proximity to Joes Bayou boat launch for you avid boaters, & spacious side yard allows you to park your boat & trailer right next to your home, No HOA! This house has been a long-term rental for 20+ years with the last family renting for 6 years. Prime Real Estate Investment for someone looking to expand their portfolio. Perched on a fantastic flat lot offering huge potential to create a wonderful oasis in this serine fenced in backyard. Tons of room for a Pool & Outdoor Kitchen! Savy Investors Take this canvas & fabricate a masterful renovation! Gorgeous Large Lot with Beautiful Mature Trees! Brick recently power washed, & gutters cleaned out. Don't miss this opportunity in the Highly sought after area of Destin Florida. Perfect for full time residence, second home, or investors dream! Being sold As Is, seller removed the carpet for a blank slate knowing it needed replaced.

Last Agent to Sell the Property

The Ketchersid Team

Corcoran Reverie Destin Listed on: 02/22/2024

Corcoran Reverie Destin

Co-Listed By

Crystal Newborn

The Ketchersid Group LLC License #3463940

Last Buyer's Agent

Sean Lynch

Legendary Realty LLC License #3549624

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,025

Year Built

  • Built in 1973

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 80x100
  • Back Yard Fenced
  • Interior Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • Parking available for a boat
  • RV Access or Parking
  • Golf Cart Parking

Home Design

  • Repairs Needed
  • Brick Exterior Construction
  • Ridge Vents on the Roof
  • Composition Shingle Roof

Interior Spaces

  • 1,434 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Open Patio
  • Rain Gutters

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

Community Details

  • Kelly Homes S/D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-1350-000I-0270

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,025

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 80X100
  • Road Frontage Type: City Street
  • Co List Office Mls Id: EHJ1
  • Co List Office Phone: 850-424-3094
  • Subdivision Name: KELLY HOMES S/D
  • Directions: From Hwy 98 go north on Main Street then Left ok Kelly, Spring Ln is the first left off Kelly, home will be on the left.
  • Architectural Style: Ranch
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1973
  • Utilities Electric: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Utilities:Community Water: Yes
  • Rooms:Family Room: Yes
  • Energy:Ridge Vent: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Fireplace, Floor Tile, Needs Work, Walls Paneled, Window Treatment All
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Fireplace: Yes
  • Interior:Walls Paneled: Yes

Exterior Features

  • Lot Features: Curb & Gutter, Interior, Level, Sidewalk, Within 1/2 Mile to Water
  • Construction Type: Brick, Roof Composite Shngl, Slab
  • Exterior Features: Rain Gutter, Fenced Back Yard, Fenced Lot-Part, Fenced Privacy, Patio Open
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes
  • ConstructionSiding:Brick: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • Lot Features:Sidewalk: Yes
  • Exterior:Rain Gutter: Yes
  • Lot Features:Curb Gutter: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Boat, Golf Cart Enclosed, Golf Cart Open, Guest, RV
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Golf Cart Enclosed: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Boat: Yes
  • Parking Features:RV: Yes
  • Parking Features:Golf Cart Open: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Community Sewer, Community Water, Electric, Phone, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Pets Allowed

Schools

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

Lot Info

  • Lot Size Sq Ft: 11325.6
  • Parcel #: 00-2S-22-1350-000I-0270
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3024.91
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Mar 15, 2024
Sold by
Mitchell Properties Lllp and Mitchell Properties Ltd
Bought by
Beane Morgan Lynn and Panek Joshua Stanley
Seller's Agent
The Ketchersid Team
Corcoran Reverie Destin
Buyer's Agent
Sean Lynch
Legendary Realty LLC
List Price
$359,000
Sold Price
$380,000
Premium/Discount to List
$21,000
5.85%
Views
38
Current Estimated Value
$390,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,151
Avg. Annual Appreciation
1.70%
Original Mortgage
$368,600
Outstanding Balance
$362,469
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$27,682

Purchase Details

Closed on
Nov 1, 2002
Sold by
Horne T Lee
Bought by
Mitchell Properties Ltd
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
Beane Morgan Lynn $380,000 Priority Title
Mitchell Properties Ltd $112,000 Associated Land Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beane Morgan Lynn $368,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2024 03/18/24 Sold $380,000 +5.8% $265 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $359,000 -- $250 / 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 $3,025 $281,848 $115,291 $166,557
2023 $3,025 $275,412 $107,748 $167,664
2022 $2,782 $251,528 $97,953 $153,575
2021 $2,406 $193,731 $70,745 $122,986
2020 $2,213 $176,886 $67,376 $109,510
2019 $2,121 $167,217 $67,376 $99,841
2018 $2,070 $161,187 $0 $0
2017 $2,004 $153,343 $0 $0
2016 $1,916 $147,501 $0 $0
2015 $1,830 $138,145 $0 $0
2014 $1,724 $128,544 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 942808

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1350-000I-0270