NOT LISTED FOR SALE

The Palms of Destin 4207 Indian Bayou Trail Unit 2405 Destin, FL 32541

Estimated Value: $321,883 - $423,000

2 Beds
2 Baths
970 Sq Ft
$799/mo HOA Fee

Last Sold April 05, 2021

Last sale price $218,000 $225 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,024/month

16 Days 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 April 2021

REO. This furnished 2 bedroom 2 bath condo is located on the 4th Floor of the Westerly facing building! This unit features Open Concept Living with a Dining Area as well as a Spacious Balcony area accessible via the Living area and the Master Bedroom. The Palms offers multiple amenities: Multiple Pools, including a Lushly Landscaped Lagoon Pool with Water Feature, Kiddie Pool, Splash Pad, Hot Tub, Fitness Center, Tennis & Basketball Courts, Playground and an On-Site Restaurant offering Lunch, Dinner, Room Service and (during the season Pool Side Service). There is also Shuttle Service to Public Beach access to the Sugary White Sand Beaches on the Gulf of Mexico. HOA Dues include ALL utilities: Electric, Water, Sewer, Cable, Internet!! Call for more Information.

Last Agent to Sell the Property

Christine Cleek

Rising Star Real Estate Inc License #3152745 Listed on: 01/22/2021

Last Buyer's Agent

MATT GARDNER

EXP Realty LLC License #3426679

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,689

Year Built

  • Built in 2007

Lot Details

  • 0.64

HOA Fees

  • $799 Monthly HOA Fees

Parking

  • 1 Covered Space

Interior Spaces

  • 970 Sq Ft Home
  • Furnished
  • Window Treatments
  • Dining Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

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-22-2310-0000-2405

Community Details

Overview

  • Association fees include accounting, electricity, ground keeping, insurance, internet service, sewer, water, cable TV, trash
  • The Palms Of Destin Subdivision
  • 12-Story Property

Amenities

  • Elevator

Recreation

  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,689

Year Built

Built in 2007

Lot Details

0

HOA Fees

$799 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: THE PALMS OF DESTIN
  • Directions: Hwy 98, to Indian Trail. 1st Complex on the Right. Unit is located in 1st Building on Right. 4th Floor
  • 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: RealEstateOwned

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Tile, Floor WW Carpet, Furnished - All, Pantry, Washer/Dryer Hookup, Window Treatment All
  • Stories: 12
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Pool Features: Pool Type
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • Covered Parking Spaces: 1.0
  • General Property Info:Garage2: No

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: Dumpster, Elevators, Exercise Room, Playground, Pool, Tennis, TV Cable
  • Association #2 Fee: 2395.72
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Electricity, Ground Keeping, Insurance, Internet Service, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2310-0000-2405
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1689.28
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2021
Sold by
James Bequette
Bought by
Bequette James and Bequette Chelsea Jo
Current Estimated Value
$365,721

Purchase Details

Listed on
Jan 22, 2021
Closed on
Apr 5, 2021
Sold by
Fannie Mae
Bought by
Bequette James
Seller's Agent
Christine Cleek
Rising Star Real Estate Inc
Buyer's Agent
MATT GARDNER
EXP Realty LLC
List Price
$218,000
Sold Price
$218,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.01%
Original Mortgage
$223,014
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Dec 22, 2020
Sold by
Hann Russell P and Bank Of America Na
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bequette James -- Bright Line Title
Bequette James $218,000 Buyers Title Inc
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bequette James $223,014
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2021 04/05/21 Sold $218,000 0.0% $225 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $218,000 -- $225 / 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 $3,689 $366,000 -- $366,000
2023 $3,689 $350,000 $0 $350,000
2022 $3,001 $249,000 $0 $249,000
2021 $2,115 $170,300 $0 $170,300
2020 $1,851 $156,000 $0 $156,000
2019 $1,689 $139,000 $0 $139,000
2018 $1,490 $116,000 $0 $0
2017 $1,464 $112,000 $0 $0
2016 $1,403 $108,000 $0 $0
2015 $1,497 $113,000 $0 $0
2014 $1,515 $113,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 863000

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2310-0000-2405