NOT LISTED FOR SALE

418 Admiral Ct Destin, FL 32541

Estimated Value: $1,960,000 - $2,240,737

6 Beds
6.5 Baths
4,844 Sq Ft
$434/Sq Ft Est. Value

Last Sold June 01, 2012

Last sale price $735,000 $152 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $12,567/month

10 Days on Market

Highlights

  • Waterfront Community
  • Golf Course Community
  • Fishing
  • Destin Elementary School Rated A-
  • Screened Pool
  • Gated Community

About This Home

As of June 2012

THIS SPECTACULAR, ONE-OF-A-KIND, CUSTOM BUILT ESTATE IS SET ON A HALF ACRE CORNER LOT IN REGATTA BAY...IT OFFERS MORE THAN 4,800 SQ. FT. OF UNPARALLEL QUALITY AND EVERY AMENITY IMAGINABLE...FEATURES INCLUDE 22 FT. SOARING CEILINGS IN THE SPACIOUS LIVING AREA WITH A TWO WAY FIREPLACE, FORMAL DINING ROOM, GORGEOUS STAIR CASE LEADING TO A 3 BEDROOM GUEST WING AND MEDIA ROOM...GOURMET KITCHEN WITH SUB ZERO REFRIGERATOR, UPGRADED APPLIANCES,CHERRY CABINETRY, GRANITE COUNTER TOPS, BREAKFAST BAR, AND A 100 BOTTLE WINE CELLAR...GORGEOUS COLUMNS, CROWN MOLDING, COFFERED CEILINGS, RECESSED LIGHTING, CEILING FANS THROUGHOUT, TILE FLOORING, LIBRARY, BUILT IN SPEAKER SYSTEM, PREWIRED FOR VOICE/DATA/BROADBAND SERVICE, SURROUND SOUND SYSTEM IN MEDIA ROOM AND MASTER SUITE, AND EXERCISE ROOM WITH CORK FLOORING...ADDITIONAL HIGHLIGHTS INCLUDE A FANTASTIC INDOOR POOL & HOT TUB, SUMMER KITCHEN, LANAI AND A THREE CAR GARAGE...A PRE-QUAL LETTER FROM A BANK OF AMERICA HOME LOANS OFFICE MUST ACCOMPANY ALL OFFERS

Last Agent to Sell the Property

Ed Smith

RE/MAX Coastal Properties License #502505 Listed on: 03/31/2012

RE/MAX Coastal Properties

Last Buyer's Agent

Johnathan Hughes

Emerald Sun Properties Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,171

Year Built

  • Built in 2004

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 106x194
  • Cul-De-Sac
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $187 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Slate Roof
  • Stucco
  • Slate

Interior Spaces

  • 4,844 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-in Bookshelves
  • Shelving
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Library
  • Screened Porch
  • Lake Views

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Golf Cart Parking

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Outdoor Kitchen

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Multiple Water Heaters
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0515-0000-1460

Community Details

Overview

  • Association fees include ground keeping, recreational faclty, security
  • Regatta Bay Ph 2 Subdivision

Amenities

  • Picnic Area
  • Community Pavilion
  • Recreation Room

Recreation

  • Waterfront Community
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,171

Year Built

Built in 2004

Lot Details

0

HOA Fees

$187 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Lot Size: 106X194
  • Road Surface Type: Paved
  • Subdivision Name: REGATTA BAY PH 2
  • Directions: HIGHWAY 98 E TO REGATTA BAY SUBDIVISION...TURN INTO SUBDIVISION AND FOLLOW REGATTA BAY BOULEVARD TO THE STOP SIGN AND TURN RIGHT ONTO COMMODORE POINT, RIGHT ON NAUTICAL COURT...HOUSE WILL BE ON YOUR R
  • Architectural Style: Mediterranean
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2004
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Laundry2: Yes
  • Energy:AC - 2 or More: Yes
  • Waterview:Lake2: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Energy:Heat Cntrl Gas: Yes
  • Rooms:Family Room: Yes
  • Rooms:Office2: Yes
  • Energy:Water Heater - Two: Yes
  • Rooms:Library: Yes
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Central Vacuum, Cooktop, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Cathedral, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Fireplace Gas, Floor Hardwood, Floor Marble, Floor Tile, Floor WW Carpet, Lighting Recessed, Shelving, Washer/Dryer Hookup, Window Bay
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Ceiling Cathedral: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:Security System: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Shelving: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Floor Marble: Yes
  • Interior:Window Bay: Yes
  • Appliances:Central Vacuum: Yes

Exterior Features

  • Lot Features: Corner, Cul-De-Sac, Curb & Gutter, Sidewalk, Within 1/2 Mile to Water
  • View: Lake
  • Construction Type: Roof Tile/Slate, Slab, Stucco
  • Exterior Features: Balcony, Hot Tub, Pool - Enclosed, Pool - Heated, Pool - In-Ground, Porch, Porch Screened, Shower, Sprinkler System, Summer Kitchen
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Porch: Yes
  • Lot Features:Cul-De-Sac: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - Enclosed: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Porch Screened: Yes
  • Lot Features:Sidewalk: Yes
  • Lot Features:Corner: Yes
  • ConstructionSiding:Roof TileSlate: Yes
  • Lot Features:Curb Gutter: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage, Golf Cart Enclosed, Guest
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Golf Cart Enclosed: Yes
  • Parking Features:Guest: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Community Room, Fishing, Gated Community, Golf, Pavillion/Gazebo, Picnic Area, Playground, Pool, Tennis, Waterfront
  • Association #2 Fee: 560.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Recreational Faclty, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 22215.6
  • Parcel #: 00-2S-22-0515-0000-1460
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2012
Closed on
May 2, 2012
Sold by
Bank Of America Na
Bought by
Watson Raymond Joseph and Watson Tina Marie Crochet
Seller's Agent
Ed Smith
RE/MAX Coastal Properties
Buyer's Agent
Johnathan Hughes
Emerald Sun Properties Inc
List Price
$735,000
Sold Price
$735,000
Current Estimated Value
$2,102,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,367,246
Avg. Annual Appreciation
8.23%
Original Mortgage
$588,000
Interest Rate
6.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 12, 2011
Sold by
Wilson Gina M
Bought by
Bank Of America Na

Purchase Details

Closed on
Sep 4, 2007
Sold by
Hidalgo Mary Rose and Hidalgo Redemptor S
Bought by
Wilson Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2003
Sold by
Hidalgo Mary Rose
Bought by
Hidalgo Redemptor S and Hidalgo Mary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 23, 2002
Sold by
Medenilla Rene A and Medenilla Maria Luisa M
Bought by
Hidalgo Mary Rose

Purchase Details

Closed on
Aug 27, 2001
Sold by
Starns Marion I
Bought by
Medenilla Rene A and Medenilla Maria Luisa M

Purchase Details

Closed on
Jul 19, 2001
Sold by
Starns Marion I
Bought by
Starns Marion I and Starns Eileen
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
Watson Raymond Joseph $735,000 Attorney
Bank Of America Na $501,100 None Available
Wilson Gina M $2,150,000 Woodbury Title Agency Llc
Hidalgo Redemptor S -- --
Hidalgo Mary Rose -- --
Hidalgo Mary Rose -- --
Medenilla Rene A $95,000 Advance Title Inc
Starns Marion I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Raymond Joseph $417,000
Closed Watson Raymond Joseph $588,000
Previous Owner Wilson Gina M $1,500,000
Previous Owner Hidalgo Redemptor S $300,000
Previous Owner Hidalgo Redemptor S $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2012 06/01/12 Sold $735,000 0.0% $152 / Sq Ft
04/10/2012 04/10/12 Pending -- -- --
03/31/2012 03/31/12 For Sale $735,000 -- $152 / 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 $12,171 $1,217,563 -- --
2023 $12,171 $1,182,100 $0 $0
2022 $11,923 $1,147,670 $0 $0
2021 $11,964 $1,114,243 $0 $0
2020 $11,894 $1,098,859 $0 $0
2019 $11,798 $1,074,153 $0 $0
2018 $11,731 $1,054,125 $0 $0
2017 $11,711 $1,032,444 $0 $0
2016 $11,393 $1,011,209 $0 $0
2015 $11,721 $972,942 $0 $0
2014 $11,173 $915,117 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 574659

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0515-0000-1460