NOT LISTED FOR SALE

Magnolia House 480 Gulf Shore Dr Unit 409 Destin, FL 32541

Estimated Value: $434,000 - $504,000

1 Bed
1 Bath
895 Sq Ft
$749/mo HOA Fee

Last Sold October 05, 2018

Last sale price $295,000 $330 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,699/month

59 Days on Market

Highlights

  • Beach Front
  • Beach
  • Intracoastal View
  • Destin Elementary School Rated A-
  • Deeded access to the beach
  • Fishing

About This Home

As of October 2018

Excellent views of the Destin East Pass, Gulf of Mexico and Crab Island from this renovated 4th floor condo at Magnolia House located in the gated island community of Destin Pointe. The large balcony affords spectacular views of the beach, water and some rather amazing sunsets. This condo has just been renovated with a relaxed coastal flair. The bedroom features a king size bed, flat screen TV, & access to a private lanai. The living space is an open concept with the kitchen, dining and living area all enjoying views of the water. This property is an ideal 2nd home or investment property with $30,000/year in rental income. Destin Pointe is a gated island community featuring 2-tennis courts, shuffle board courts, 2-community pools, more than 3,000 feet of beach frontage, 24 hour security and great views of the pass, harbor and coastal dune lakes. Come and experience island living in this one of a kind gated community.

Last Agent to Sell the Property

Caroline Wasson

ResortQuest Real Estate Destin Listed on: 06/20/2018

ResortQuest Real Estate Destin

Last Buyer's Agent

Susan Diebolt

The Premier Property Group License #3113237

The Premier Property Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,183

Year Built

  • Built in 1986

Lot Details

HOA Fees

  • $749 Monthly HOA Fees

Property Views

Home Design

  • Metal Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 895 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Dining Room
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Guest Parking

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-24-062E-0000-4090

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, legal, licenses/permits, management, master, utilities, recreational faclty, security, sewer, water, cable TV, trash
  • 54 Buildings
  • 54 Units
  • Magnolia House Subdivision
  • 6-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Recreation Room
  • Elevator

Recreation

  • Beach
  • Community Playground
  • Community Whirlpool Spa
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Building Fire Alarm
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,183

Year Built

Built in 1986

Lot Details

0

HOA Fees

$749 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: MAGNOLIA HOUSE
  • Directions: Travel south on Gulf Shore Drive to the gates of Destin Pointe.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 6
  • Year Built: 1986
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 6

Interior Features

  • Number Of Buildings: 54
  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Continue Clean, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Breakfast Bar, Floor Tile, Furnished - All, Owner's Closet, Window Treatment All
  • Stories: 6
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Oven Continue Clean: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf, Bay
  • Waterfront Features: Unit Waterfront, Gulf/Pass, Shore - Beach
  • Waterfront: Yes
  • Construction Type: Concrete, Roof Metal, Stucco
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered, Guest
  • Parking Features:Guest: Yes
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Fishing, Gated Community, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, Waterfront, Whirlpool
  • Association #2 Fee: 2245.7
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Legal, Licenses/Permits, Management, Master Association, Other Utilities, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-24-062E-0000-4090
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 54

Tax Info

  • Tax Annual Amount: 2182.55
  • Tax Year: 2017

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Harrison Betty $206,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $295,000 0.0% $330 / Sq Ft
08/18/2018 08/18/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $295,000 +31.1% $330 / Sq Ft
03/21/2016 03/21/16 Sold $225,000 -10.0% $250 / Sq Ft
03/13/2016 03/13/16 Pending -- -- --
04/22/2015 04/22/15 For Sale $249,900 -- $278 / 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 $3,971 $372,000 -- $372,000
2023 $3,971 $372,000 $0 $372,000
2022 $3,276 $272,000 $0 $272,000
2021 $3,067 $247,000 $0 $247,000
2020 $2,935 $242,000 $0 $242,000
2019 $2,626 $207,000 $0 $207,000
2018 $2,273 $177,000 $0 $0
2017 $2,183 $167,000 $0 $0
2016 $2,130 $164,000 $0 $0
2015 $2,227 $164,000 $0 $0
2014 $2,174 $158,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 801416

Emerald Coast Association of REALTORS®

APN: 00-2S-24-062E-0000-4090