NOT LISTED FOR SALE

4740 Papaya Park Destin, FL 32541

Estimated Value: $1,165,000 - $1,378,000

4 Beds
3 Baths
2,389 Sq Ft
$539/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $1,395,000 $584 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $7,941/month

Highlights

  • Mediterranean Architecture
  • Breakfast Room
  • Living Room
  • Destin Elementary School Rated A-
  • Cooling Available
  • 2 Car Garage

About This Home

As of November 2022

Here is the perfect move-in ready custom built home in the popular gated community of Destiny East. All on one level, this home has upgrades throughout, including gorgeous travertine floors, custom cabinets, lighting and window treatments, granite throughout and stainless appliances. Fully furnished, this home is ready for a permanent or second home or vacation rental. This has not been a rental so everything is in pristine condition. There are two living areas, a formal dining room, as well as a breakfast area. Sliding glass doors open to the covered porch and open patio area. There is room for your private pool, or you can use the large pool and spa at Destiny East. The exterior of the home was just freshly painted, new exterior wood shutters installed as well as a new AC unit. The large master bedroom opens to the back porch. The large master bath has separate vanities, garden tub and separate shower as well as his and hers closets. Guest bedrooms 2 and 3 have a jack and jill bath and guest room 4 has another bath. Destiny East offers popular amenities including a large pool, spa, playground, 2 lighted tennis courts, large clubhouse with a gym and theater. It is centrally located and just a few minute golf cart ride to the beach, minutes to Destin's golf courses, shopping, restaurants, boating and fishing, Make your appointment to see this home today. Buyer to verify all dimensions.

Last Agent to Rent the Property

RACHEL Kolosky

Keller Williams Realty SRB License #3425006 Listed on: 09/13/2022

Keller Williams Realty SRB

Last Renter's Agent

RACHEL Kolosky

Keller Williams Realty SRB License #3425006 Listed on: 09/13/2022

Keller Williams Realty SRB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,382

Year Built

  • Built in 2003

Lot Details

  • 7,841

HOA Fees

  • $217 per month

Parking

  • 2 Car Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 2,389 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Breakfast Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Destin Elementary And Middle School
  • Destin High School

Utilities

  • Cooling Available

Community Details

  • Destiny East Ph 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0076-0000-2040

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,382

Year Built

Built in 2003

Lot Details

0

HOA Fees

$217 per month

Parking

2

Rental Info

  • Rental Info Lease Start Date: 2022-11-01

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Subdivision Name: DESTINY EAST PH 3
  • Directions: From Hwy 98, turn south on Tranquility Lane, go through gate (you will need a code,) go 800 feet and turn left onto Papaya Park, house is 600 feet on your right
  • Architectural Style: Mediterranean
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2003
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Breakfast Room: Yes
  • Rooms:Family Room: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Parking Features:Garage3: Yes

Schools

  • Elementary School: Destin
  • High School: Destin
  • Middle Or Junior School: Destin

Lot Info

  • Parcel #: 00-2S-22-0076-0000-2040
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jul 12, 2022
Sold by
Young Neil H and Young Sharon L
Bought by
Henricksen Nathan and Henricksen Melissa
Seller's Agent
Clayton Bonjean
Mainsail Realty Company
Buyer's Agent
RACHEL Kolosky
Keller Williams Realty SRB
List Price
$1,395,000
Sold Price
$1,395,000
Current Estimated Value
$1,287,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$107,713
Avg. Annual Appreciation
-3.57%
Original Mortgage
$1,116,000
Outstanding Balance
$1,066,036
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$177,252

Purchase Details

Listed on
Jul 1, 2016
Closed on
Aug 12, 2016
Sold by
Knight Allen L and Knight Sylvia J
Bought by
Young Neil H and Young Sharon L
Seller's Agent
Beth Beno
Keller Williams Realty Destin
Buyer's Agent
Clayton Bonjean
Mainsail Realty & Development
List Price
$607,000
Sold Price
$607,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.09%
Original Mortgage
$485,600
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2003
Sold by
Hughes Christin A and Hughes Robie V
Bought by
Jbc Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Henricksen Nathan $1,395,000 Mark A Violette Pa
Young Neil H $607,000 Burke Law And Title
Jbc Enterprises Llc $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henricksen Nathan $1,116,000
Previous Owner Young Neil H $485,600
Previous Owner Jbc Enterprises Llc $320,250
Previous Owner Jbc Enterprises Llc $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Off Market $607,000 -- --
11/01/2022 11/01/22 Rented $5,500 0.0% --
09/13/2022 09/13/22 For Rent $5,500 0.0% --
07/12/2022 07/12/22 Sold $1,395,000 0.0% $584 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $1,395,000 +129.8% $584 / Sq Ft
08/12/2016 08/12/16 Sold $607,000 0.0% $251 / Sq Ft
07/10/2016 07/10/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $607,000 -- $251 / 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 $10,382 $986,227 $333,801 $652,426
2023 $10,382 $869,036 $231,084 $637,952
2021 $7,967 $551,745 $182,070 $369,675
2020 $6,417 $512,851 $173,400 $339,451
2019 $6,338 $499,636 $173,400 $326,236
2018 $5,857 $456,122 $0 $0
2017 $5,755 $440,332 $0 $0
2016 $5,378 $414,065 $0 $0
2015 $5,343 $403,343 $0 $0
2014 $4,938 $368,228 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2022

    RACHEL Kolosky

    Keller Williams Realty SRB

    (850) 225-6980

    6 in this area

    34 Total Sales

    RACHEL Kolosky
    Section Image
  • Clayton Bonjean

    Seller's Agent in 2022

    Clayton Bonjean

    Mainsail Realty Company

    (850) 585-1284

    20 in this area

    134 Total Sales

    Clayton Bonjean
    Section Image

  • B

    Seller's Agent in 2016

    Beth Beno

    Keller Williams Realty Destin

    (850) 654-2900

    2 in this area

    5 Total Sales

    Beth Beno
    Section Image

  • -

    Buyer's Agent in 2016

    - Ecn.rets.e3961

    ecn.rets.RETS_OFFICE

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 907994

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0076-0000-2040

Florida Okaloosa County Destin 32541

4740 Papaya Park, Destin, FL

This home is located at 4740 Papaya Park, Destin, FL 32541 since 13 September 2022 and is currently priced at $1,287,287. This property was built in 2003. 4740 Papaya Park is a home located in Okaloosa County with nearby schools including Destin Elementary School, Destin Middle School, and Fort Walton Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® 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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