NOT LISTED FOR SALE

4553 Grand Key Loop E Unit (lot 118) Destin, FL 32541

Estimated Value: $1,155,263 - $1,174,000

5 Beds
4 Baths
2,873 Sq Ft
$405/Sq Ft Est. Value

Last Sold June 07, 2013

Last sale price $492,500 $171 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $7,300/month

76 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 June 2013

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, near everything and located across the street from Destin Commons, the new Lowes and Rooms to Go! The neighborhood is a great vacation rental spot with most homes this size averaging approximately $65,000 gross income per year! There also is a 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 plenty of room for everyone with 5 bedrooms, 4 baths, two living areas and is 2873 square feet! You will be very impressed with the quality construction of Todd Stephens.....just look at these details......One year performance & mechanical and 10 structural warranty provided by Souther American Homes, footings are 3000 PSI concrete with #5 Rebar imbedded in concrete, no exposed wood on the exterior which means less maintenance and no wood rot, columns are made of Kleer Lumber PVC material that have a life time warranty from the manufacturer from rotting, lap siding is cementitiouse material and is attached with screws and rated for 140 mph winds, slip resistant porcelain tile on balconies, porcelain tile for all interior wet areas, pull Duradek waterproofing membrane under balcony tile with a 10 year warranty against leaks, impact rated vinyl windows and fiberglass exterior doors, impact doors are set in waterproof pans that decrease water intrusion during wind driven rain, Borate termite treatment, that is a ''Green'' application with a 1 million dollar repair and re-treatment bond, Teaxx in-wall integrated pest control system, and 50% of lighting include compact florescent light bulbs. 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 downstairs, large bedrooms, 12 x 12 porcelain tile and hardwood flooring, brushed nickel or oil rubbed bronze faucets, lighting fixtures and door hardware, bathroom vanities are 34 1/2'' high, 42 inch cabinets in the kitchen, tile backsplash, stainless steel appliances, 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 Agent to Sell the Property

Tracy Sweetland

Scenic Sotheby's International Realty License #3115454 Listed on: 12/27/2012

Scenic Sotheby's International Realty

Last Buyer's Agent

Lauren Staggs

Christies International Real Estate Emerald Coast License #3227984

Christies International Real Estate Emerald Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,127

Year Built

  • Built in 2013 | Under Construction

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

  • 2,873 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-22-1125-0000-1180

Community Details

Overview

  • Association fees include accounting, ground keeping, legal, licenses/permits, management, recreational faclty, repairs/maintenance, security
  • Villages Of Crystal Beach Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion

Recreation

  • Beach
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,127

Year Built

Built in 2013 | Under Construction

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. 4553 is located around the corner o
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2013
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Rooms:Covered Porch: Yes
  • Rooms:Laundry2: Yes
  • Energy:AC - 2 or More: Yes
  • Special Features: None
  • 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
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Warranty Provided: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet New: Yes

Exterior Features

  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd, Slab, Trim Vinyl
  • Exterior Features: Patio Covered
  • Property Condition: Under Construction
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • Construction Status:Under Construction: Yes
  • Exterior:Patio Covered: 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-22-1125-0000-1180
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2012
Closed on
Jun 6, 2013
Sold by
Ark Real Estate Opportunity Fund I Llc
Bought by
Karvounidis Christian and Weissgerber Patrick
Seller's Agent
Tracy Sweetland
Scenic Sotheby's International Realty
Buyer's Agent
Lauren Staggs
Christies International Real Estate Emerald Coast
List Price
$492,500
Sold Price
$492,500
Current Estimated Value
$1,162,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$669,816
Avg. Annual Appreciation
8.08%
Original Mortgage
$394,000
Outstanding Balance
$281,420
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$999,450
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
Karvounidis Christian $492,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karvounidis Christian $394,000
Previous Owner Ark Real Estate Opportunity Fund I Llc $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2019 06/23/19 Off Market $492,500 -- --
06/07/2013 06/07/13 Sold $492,500 0.0% $171 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
12/27/2012 12/27/12 For Sale $492,500 -- $171 / 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 $10,127 $1,098,581 $299,600 $798,981
2023 $10,127 $1,060,968 $280,000 $780,968
2022 $8,733 $861,775 $225,000 $636,775
2021 $6,915 $562,820 $149,940 $412,880
2020 $6,272 $501,280 $142,800 $358,480
2019 $6,265 $493,932 $142,800 $351,132
2018 $6,142 $478,323 $0 $0
2017 $5,952 $455,394 $0 $0
2016 $5,783 $445,198 $0 $0
2015 $5,792 $437,190 $0 $0
2014 $6,030 $449,658 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 588065

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1125-0000-1180