NOT LISTED FOR SALE

The Palms of Destin 4207 Indian Bayou Trail Unit 2115 Destin, FL 32541

Estimated Value: $313,000 - $403,000

2 Beds
2 Baths
1,175 Sq Ft
$947/mo HOA Fee

Last Sold January 22, 2021

Last sale price $225,000 $191 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,221/month

1 Day on Market

Highlights

  • Main Floor Primary Bedroom
  • Furnished
  • Tennis Courts
  • Destin Elementary School Rated A-
  • Community Pool
  • 4-minute walk to Destin Dog Park

About This Home

As of January 2021

This 1st floor two-bedroom condo offers views overlooking the pool. It has an open concept living and dining area, as well as an expansive and inviting balcony just perfect for taking in the serenity of the pool area. Enjoy the many onsite amenities, including a lushly landscaped pool area boasting Destin's largest lagoon pool with waterfall features, a kiddie pool, hot tub, and splash pad, as well as a playground, fitness center, and tennis and basketball courts. The resort offers complimentary shuttle service to the beach for you to enjoy Destin's world famous sugar-white sand and emerald-colored water beaches. Shuttle service takes you to the June White Decker Public Beach access which is just minutes away. Listing Agent is Related to the Seller and Is a Trustee of BH Land Trust

Last Agent to Sell the Property

Tracey Collins

La Florida Coastal Properties License #682727 Listed on: 11/26/2020

Last Buyer's Agent

James Smith

ERA American Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,156

Year Built

  • Built in 2007

Lot Details

  • 0.64

HOA Fees

  • $947 Monthly HOA Fees

Home Design

  • Metal Roof
  • Concrete Siding
  • Steel Siding
  • Stucco

Interior Spaces

  • 1,175 Sq Ft Home
  • Furnished
  • Window Treatments
  • Dining Room

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

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-22-2310-0000-2115

Community Details

Overview

  • Association fees include accounting, electricity, ground keeping, insurance, internet service, legal, management, master, recreational faclty, security, sewer, telephone, water, cable TV, trash
  • 200 Buildings
  • 200 Units
  • The Palms Of Destin Subdivision
  • 12-Story Property

Amenities

  • Community Pavilion
  • Elevator

Recreation

  • Community Playground
  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed

Security

  • Building Fire Alarm
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,156

Year Built

Built in 2007

Lot Details

0

HOA Fees

$947 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: THE PALMS OF DESTIN
  • Directions: The Palms of Destin is located at the corner of Hwy 98 and Indian Bayou Trail, just west of Walmart. 1406 is located in the East tower.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2007
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 200
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Tile, Floor WW Carpet, Furnished - All, Window Treatment All
  • Stories: 12
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Concrete, Roof Metal, Steel, Stucco
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • General Property Info:Garage2: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Elevators, Exercise Room, Pavillion/Gazebo, Pets Allowed, Playground, Pool, Tennis, TV Cable, Whirlpool
  • Association #2 Fee: 2839.62
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Electricity, Ground Keeping, Insurance, Internet Service, Legal, Management, Master Association, Recreational Faclty, Security, Sewer, Telephone, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2310-0000-2115
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 200

Tax Info

  • Tax Annual Amount: 2156.37
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2020
Closed on
Jan 22, 2021
Sold by
Lbk Llc
Bought by
Shaver Stefanie
Seller's Agent
Tracey Collins
La Florida Coastal Properties
Buyer's Agent
James Smith
ERA American Real Estate
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$376,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,559
Avg. Annual Appreciation
11.43%
Original Mortgage
$225,000
Outstanding Balance
$203,881
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$172,678
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
Shaver Stefanie $225,000 South Oak Ttl Ft Walton Beac
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaver Stefanie $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2021 01/22/21 Sold $225,000 0.0% $191 / Sq Ft
11/27/2020 11/27/20 Pending -- -- --
11/26/2020 11/26/20 For Sale $225,000 -- $191 / 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 $3,592 $370,000 -- $370,000
2023 $3,592 $370,000 $0 $370,000
2022 $2,651 $220,000 $0 $220,000
2021 $2,304 $185,500 $0 $185,500
2020 $2,190 $175,000 $0 $175,000
2019 $2,156 $170,000 $0 $170,000
2018 $2,154 $170,000 $0 $0
2017 $1,967 $150,500 $0 $0
2016 $1,883 $145,000 $0 $0
2015 $2,027 $153,000 $0 $0
2014 $2,052 $153,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tracey Collins

    La Florida Coastal Properties

    (850) 259-1533

    4 in this area

    21 Total Sales

    Tracey Collins
    Section Image

  • J

    Buyer's Agent in 2021

    James Smith

    ERA American Real Estate

  • Jimmy Smith

    Buyer's Agent in 2021

    Jimmy Smith

    EXP Realty LLC

    (850) 865-2077

    4 in this area

    89 Total Sales

    Jimmy Smith
    Section Image
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About The Palms of Destin

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 859945

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2310-0000-2115

Florida Okaloosa County Destin 32541

4207 Indian Bayou Trail Unit 2115, Destin, FL

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