Seller's Agent in 2021
Linda Adams
On The Coast Real Estate Group
(850) 566-0058
2 in this area
41 Total Sales
46 Terra Cotta Way Destin, FL 32541
Estimated Value: $1,030,000 - $1,486,000
5
Beds
4
Baths
3,504
Sq Ft
$371/Sq Ft
Est. Value
Highlights
- Deeded access to the beach
- Maid or Guest Quarters
- Furnished
- Destin Elementary School Rated A-
- Mediterranean Architecture
- Great Room
About This Home
As of January 2021This stunning Mediterranean style vacation rental / home is within easy walking distance to the beach via a deeded access. It has five bedrooms (sleeps 21) and four bathrooms, including the separate studio -- with its own kitchen and external and internal accesses. The house's construction is superior to others in the area, with a metal framework and real stucco to make it storm resistant. The home has recently been updated with many upgrades, including all new flooring. Terra Cotta Terrace features a community swimming pool, a volleyball pit, tennis courts, fitness center and a clubhouse. Priced to sell, this property is both a great investment and your Destin vacation home -- so make an appointment to see it today!
Last Agent to Sell the Property
On The Coast Real Estate Group License #3247782 Listed on: 10/21/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,133
Year Built
- Built in 1994
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 100x45
- Street terminates at a dead end
- Interior Lot
- Sprinkler System
HOA Fees
- $155 Monthly HOA Fees
Parking
- 2 Car Garage
- Automatic Garage Door Opener
Home Design
- Mediterranean Architecture
- Frame Construction
- Slate Roof
- Stucco
- Slate
Interior Spaces
- 3,504 Sq Ft Home
- 3-Story Property
- Furnished
- Gas Fireplace
- Great Room
- Living Room
- Dining Area
- Laminate Flooring
Kitchen
- Electric Oven or Range
- Self-Cleaning Oven
- Microwave
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- Maid or Guest Quarters
- In-Law or Guest Suite
- 4 Full Bathrooms
- Cultured Marble Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Deeded access to the beach
- Lock
- Balcony
- Covered Deck
- Covered Patio or Porch
Schools
- Destin Elementary And Middle School
- Fort Walton Beach High School
Utilities
- Multiple cooling system units
- Central Heating
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00-2S-22-2499-0000-0050
Community Details
Overview
- Association fees include accounting, management, recreational faclty
- Terra Cotta Terrace Subdivision
- The community has rules related to covenants
Recreation
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2020
Closed on
Jan 15, 2021
Sold by
Peacock James B
Bought by
Nguyen Alexander and Pham Phuong
Seller's Agent
Linda Adams
On The Coast Real Estate Group
Buyer's Agent
Adam Bazzell
Compass
List Price
$799,000
Sold Price
$799,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,342
Avg. Annual Appreciation
11.44%
Original Mortgage
$510,400
Outstanding Balance
$378,392
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$951,119
Purchase Details
Closed on
Feb 9, 2015
Sold by
Peacock Betty L
Bought by
Peacock James B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 14, 2011
Sold by
Metro International Llc
Bought by
Peacock James B and Peacock Betty L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
4.77%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 4, 2005
Sold by
Mcneese Richard S
Bought by
Metro International Llc
Purchase Details
Closed on
Oct 27, 2004
Sold by
Campbell Joe Robert and Conant Gregory S
Bought by
Mcneese Richard S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 10, 2004
Sold by
Cederroth Christer and Cederroth Margareta
Bought by
Campbell Joe Robert and Conant Gregory S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 2, 2001
Sold by
Campbell Joe R and Campbell Lynette
Bought by
Cederroth Christer and Cederroth Margareta
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7.12%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nguyen Alexander | $799,000 | Aqua Title Services | |
| Peacock James B | $64,500 | Mcneese Title Llc | |
| Peacock James B | $590,000 | First Florida Title & Tr Inc | |
| Metro International Llc | $935,000 | Mcneese Title Llc | |
| Mcneese Richard S | $935,000 | Mcneese Title Llc | |
| Campbell Joe Robert | $700,000 | Dolphin Land Title Inc | |
| Cederroth Christer | $600,000 | Dolphin Land Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nguyen Alexander | $510,400 | |
| Previous Owner | Peacock James B | $417,000 | |
| Previous Owner | Peacock James B | $413,000 | |
| Previous Owner | Campbell Joe Robert | $560,000 | |
| Previous Owner | Cederroth Christer | $375,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2021 01/15/21 | Sold | $799,000 | 0.0% | $228 / Sq Ft |
| 11/23/2020 11/23/20 | Pending | -- | -- | -- |
| 10/21/2020 10/21/20 | For Sale | $799,000 | -- | $228 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $11,512 | $1,038,889 | $240,750 | $798,139 |
| 2023 | $11,512 | $1,005,447 | $225,000 | $780,447 |
| 2022 | $10,169 | $843,850 | $173,004 | $670,846 |
| 2021 | $8,135 | $655,078 | $149,940 | $505,138 |
| 2020 | $7,506 | $599,947 | $142,800 | $457,147 |
| 2019 | $7,133 | $562,355 | $142,800 | $419,555 |
| 2018 | $7,081 | $551,427 | $0 | $0 |
| 2017 | $6,856 | $524,568 | $0 | $0 |
| 2016 | $6,791 | $525,277 | $0 | $0 |
| 2015 | $6,557 | $513,140 | $0 | $0 |
| 2014 | $5,764 | $429,792 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Adams
-
Adam Bazzell
A
Buyer's Agent in 2021
Adam Bazzell
Compass
(850) 499-8464
4 in this area
43 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 857625
APN: 00-2S-22-2499-0000-0050
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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