NOT LISTED FOR SALE

4551 Grand Key Loop W Destin, FL 32541

Estimated Value: $1,181,697 - $1,386,000

5 Beds
4 Baths
2,767 Sq Ft
$455/Sq Ft Est. Value

Last Sold August 23, 2012

Last sale price $465,000 $168 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $8,133/month

23 Days on Market

Highlights

  • Beach
  • Gated Community
  • Community Pool
  • Destin Elementary School Rated A-
  • Florida Architecture
  • Covered patio or porch

About This Home

As of August 2012

Brand new construction in the heart of Destin in Crystal Beach! Insurance will be reasonable because this subdivision is located in an ''X'' flood zone and NOT in the COBRA ZONE!! The Villages of Crystal Beach is gated, has public beach access within two blocks (with complementary shuttle during peak season) and has a huge 35,000 square foot zero entry community pool with waterfalls, tiki bar with outdoor grill for entertaining, and palm trees galore! This home has never been lived in or rented and is in pristine condition! You won't believe the details of this construction.....starting with the outside.......Impact resistant windows and doors, slip resistant porcelain tiled covered porches, pavered driveway, no-rot (no exposed wood) exterior with high denisty PVC exterior components, 14 seer heat pump, Borate termite treatment with 1 million dollar repair/replacement bond, and Teaxx In-wall pest control system! Now for the inside..... Once you walk into the large open floor plan you will notice the 9 foot ceilings with 8 foot doors, 8 inch baseboards, two wet bars (one in the master bedroom and one upstairs on the 3rd level), large bedrooms, 12 x 12 porcelain tile and hardwood flooring, IPod ready 3-room sound system, oil rubbed bronze faucets, lighting fixtures and door hardware, bathroom vanities are 34 1/2'' high, 42 inch raised panel, all wood, glazed cabinets in the kitchen, tile backsplash, stainless steel appliances, can lighting and real wood storage closets and walk in closets for sturdiness. This home would make a great rental or primary home. There is a second living area and private covered porch on the 3rd level for added privacy. Built with quality by Todd Stephens and comes with a builder warranty! Want a brand new 2 or 3 story home that you can pick your own colors? Call today! We have several other vacant lots to choose from!

Last Listed By

Team Tracy Sweetland

Coldwell Banker Realty Listed on: 06/27/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,962

Year Built

  • Built in 2010

Lot Details

  • Lot Dimensions are 25 x 46
  • Property fronts a private road

HOA Fees

  • $318 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Metal Roof
  • Vinyl Trim
  • Cement Board or Planked

Interior Spaces

  • 2,767 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Living Room
  • Dining Room

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Multiple cooling system units
  • Central Air
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-1125-0000-1190

Community Details

Overview

  • Association fees include accounting, ground keeping, legal, licenses/permits, management, recreational faclty, repairs/maintenance, security
  • Villages Of Crystal Beach Subdivision
  • The community has rules related to covenants

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion

Recreation

  • Beach
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,962

Year Built

Built in 2010

Lot Details

0

HOA Fees

$318 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 25 X 46
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: VILLAGES OF CRYSTAL BEACH
  • Directions: From Scenic Hwy 98, turn North on Cobia to the corner of Luke and Cobia. Proceed forward to gate entrance. Once in gate, take the first left, and then another left. 2551 sits on the corner and is a ye
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2010
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric, Warranty Provided
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Floor Tile, Floor WW Carpet New, Owner's Closet, Washer/Dryer Hookup, Window Treatmnt None
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Warranty Provided: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Smooth Stovetop Rnge: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions, Within 1/2 Mile to Water
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd, Slab, Trim Vinyl
  • Exterior Features: Patio Covered
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Gated Community, Pavillion/Gazebo, Picnic Area, Pool, TV Cable
  • Association #2 Fee: 953.1
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Legal, Licenses/Permits, Management, Recreational Faclty, Repairs/Maintenance, Security

Schools

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

Lot Info

  • Parcel #: 00-2S-22-1125-0000-1190
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2012
Closed on
Aug 23, 2012
Sold by
Ark Real Estate & Opprotunity Fund I Llc
Bought by
Karvounidis Christian and Weissgerber Patrick
Seller's Agent
Team Tracy Sweetland
Coldwell Banker Realty
Buyer's Agent
Lauren Staggs
Christies International Real Estate Emerald Coast
List Price
$465,000
Sold Price
$465,000
Total Days on Market
23
Current Estimated Value
$1,259,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$794,924
Avg. Annual Appreciation
8.36%
Original Mortgage
$372,000
Outstanding Balance
$261,725
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$1,031,042

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
Karvounidis Christian $465,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karvounidis Christian $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2012 08/23/12 Sold $465,000 0.0% $168 / Sq Ft
07/20/2012 07/20/12 Pending -- -- --
06/27/2012 06/27/12 For Sale $465,000 -- $168 / 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 $9,962 $1,080,524 $299,600 $780,924
2023 $9,962 $1,043,384 $280,000 $763,384
2022 $8,591 $847,501 $225,000 $622,501
2021 $6,804 $553,609 $149,940 $403,669
2020 $6,172 $493,311 $142,800 $350,511
2019 $6,167 $486,156 $142,800 $343,356
2018 $6,040 $470,380 $0 $0
2017 $5,853 $447,814 $0 $0
2016 $5,687 $437,823 $0 $0
2015 $5,695 $429,883 $0 $0
2014 $5,914 $442,249 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 562758

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1125-0000-1190