NOT LISTED FOR SALE

490 Captains Cir Destin, FL 32541

Estimated Value: $1,380,217 - $1,660,000

0.49 Acre
$3,065,416 Price per Acre
21,344 Sq Ft Lot

Last Sold May 11, 2012

Last sale price $85,500

Est. 1,657% increase in value since last sale

Current estimated payment $8,703/month

27 Days on Market

Highlights

  • Golf Course Community
  • Fishing
  • Community Pool
  • Destin Elementary School Rated A-
  • Gated Community
  • Tennis Courts

About This Lot

As of May 2012

This is an excellent time to build your very own custom home on this wooded, private, home site in the prestigious community of Regatta Bay. Building costs are considerably down from past years. The neighborhood offers a pool, tennis courts, lakes where you can fish, a children's playground, and best of all, The Regatta Bay Golf Course. It was designed by Robert Walker and voted the Number 1 golf course in Northwest Florida by Florida Golf News. Beaches are close and the world-class Legendary Marina is just around the corner. Drive your golf cart to a multitude of elegant shops,restaurants and theatre. The quarterly assessments are reduced when the lot is built on as the HOA keeps empty lots' frontage mowed. There is not a build-out time on this lot. Please verify all facts, features, and dimensions that are important to you.

Last Agent to Sell the Property

Marti McGee

McGee Properties License #593818 Listed on: 03/10/2012

Last Buyer's Agent

Marti McGee

McGee Properties License #593818 Listed on: 03/10/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,963

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 92x218x100x236

HOA Fees

  • $183 Monthly HOA Fees

Schools

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

Utilities

  • Gas Available
  • Water Tap or Transfer Fee
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0515-0000-0420

Community Details

Overview

  • Association fees include accounting, management, recreational faclty, security
  • Regatta Bay Subdivision
  • The community has rules related to covenants

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$6,963

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.49
  • Lot Size: 92X218X100X236
  • Road Surface Type: Paved Road
  • Subdivision Name: REGATTA BAY
  • Directions: Enter at the main gate of Regatta Bay. Proceed down to the second stop sign and turn right on Commodore Point. Then right on Captain's Circle. Lot 42 is on the right side. No sign.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Gas Available: Yes
  • Utilities:Tap Fee Due: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Covenants, Restrictions
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes

Utilities

  • Utilities: Electric, Phone, Public Sewer, Public Water, Tap Fee Due, TV Cable, Gas Available
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Gated Community, Golf, Playground, Pool, Tennis, TV Cable, Owners Pets Allowed
  • Association #2 Fee: 550.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Management, Recreational Faclty, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 21344.4
  • Parcel #: 00-2S-22-0515-0000-0420
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2000
Sold by
Commodore Point Dev Inc
Bought by
Coffman Daniel L and Coffman Jeanine M
Current Estimated Value
$1,502,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,300
Outstanding Balance
$34,690
Interest Rate
7.71%
Estimated Equity
$1,467,364
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
Coffman Daniel L $105,900 Advance Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coffman Daniel L $95,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2012 05/11/12 Sold $85,500 0.0% --
04/06/2012 04/06/12 Pending -- -- --
03/10/2012 03/10/12 For Sale $85,500 -- --
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 $6,963 $712,879 -- --
2023 $6,963 $692,116 $0 $0
2022 $6,816 $671,957 $0 $0
2021 $6,836 $652,385 $0 $0
2020 $6,794 $643,378 $0 $0
2019 $6,737 $628,913 $0 $0
2018 $6,696 $617,186 $0 $0
2017 $6,682 $604,492 $0 $0
2016 $6,500 $592,059 $0 $0
2015 $6,662 $587,943 $0 $0
2014 $971 $79,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 570057

Emerald Coast Association of REALTORS®

APN: 00-2S-22-0515-0000-0420