NOT LISTED FOR SALE

5 Calhoun Ave Unit 705 Destin, FL 32541

Estimated Value: $1,292,000 - $1,503,000

4 Beds
4 Baths
2,836 Sq Ft
$660/mo HOA Fee

Last Sold June 14, 2019

Last sale price $1,017,500 $359 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $8,495/month

268 Days on Market

Highlights

  • Marina
  • Property Fronts a Bay or Harbor
  • Fishing
  • Destin Elementary School Rated A-
  • Heated In Ground Pool
  • Gated Community

About This Home

As of June 2019

ACCEPTING BACKUP OFFERS: Unique opportunity to own a freshly-updated PENTHOUSE unit in a Destin landmark building. This eastern end-unit has sweeping views south into the Gulf, the East Pass, and Choctawhatchee Bay (incl. Crab Island). There are full-on views east of the entire City of Destin. The large balcony wraps around both the east and south walls of the home with french-door access and plenty of windows for water/city views. The spacious interior includes extras such as plantation shutters, wet bar, custom lighting, 10' ceilings, granite countertops, and top-quality real wood veneer flooring and new bedroom carpets. The chef's kitchen has upgraded, stainless appliances, a menu-planning desk, copper ''farmhouse'' sink, large island with cooktop, double dishwasher, and a conventional & convection oven. Upgraded finishes throughout, including expansive walk-in closets off the bedrooms and luxurious master-bath features including double-panel walk-in shower and floor-to-ceiling custom cabinetry on either side of the granite vanities. Private marina on-site (owners only) and there are 35' slips available for sale for those interested. The lobby and vestibules off the elevator on each floor have just been beautifully remodeled and updated! And not least, the Association is financially sound with strong reserves.

Last Agent to Sell the Property

Eric Hanson

Coldwell Banker Realty License #3108265 Listed on: 07/31/2018

Coldwell Banker Realty

Last Buyer's Agent

Leslie Sullivan

Century 21 AllPoints Realty License #3417802

Century 21 AllPoints Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,920

Year Built

  • Built in 2004

Lot Details

  • Property Fronts a Bay or Harbor

HOA Fees

  • $660 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking
  • Deeded Parking

Property Views

  • Bay
  • Gulf
  • Harbor

Home Design

  • Metal Roof
  • Concrete Siding
  • Steel Siding
  • Stucco

Interior Spaces

  • 2,836 Sq Ft Home
  • Wet Bar
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Plantation Shutters
  • Living Room
  • Dining Area
  • Exterior Washer Dryer Hookup

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Rip-Rap
  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-1300-0000-P705

Community Details

Overview

  • Association fees include ground keeping, insurance, management, master, recreational faclty, sewer, water, cable TV, trash
  • 44 Buildings
  • 44 Units
  • Sides Moreno Point West Subdivision
  • 7-Story Property

Amenities

  • Community Barbecue Grill
  • Community Pavilion
  • Recreation Room
  • Elevator
  • Community Storage Space

Recreation

  • Marina
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,920

Year Built

Built in 2004

Lot Details

0

HOA Fees

$660 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: SIDES MORENO POINT WEST
  • Directions: From Hwy. 98 on the east side of Marler Bridge turn north onto Calhoun Ave. SMPW driveway is located on the first left (before the marina and Dewey Destin on the Bay); driveway with the gated entrance.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 7
  • Year Built: 2004
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Harbor2: Yes
  • Appliances Microwave: Yes
  • Waterfront:Bay: Yes
  • Waterview:Bay2: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Dining Area: Yes
  • Waterfront:Shore - Rip Rap: Yes
  • Special Features: VirtualTour
  • Stories: 7

Interior Features

  • Number Of Buildings: 44
  • Appliances: Cooktop, Dishwasher, Disposal, Ice Machine, Microwave, Oven Double, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Wine Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Floor Laminate, Floor Tile, Floor WW Carpet New, Furnished - None, Kitchen Island, Lighting Recessed, Pantry, Plantation Shutters, Split Bedroom, Washer/Dryer Hookup, Wet Bar, Window Treatment All
  • Stories: 7
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Split Bedroom: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Wine Refrigerator: Yes
  • Appliances:Oven Double: Yes
  • Interior:Wet Bar: Yes
  • Interior:Plantation Shutters: Yes
  • Interior:Floor Laminate: Yes
  • Interior:Floor WW Carpet New: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Harbor, Gulf, Bay
  • Waterfront Features: Bay, Shore - Rip Rap
  • Waterfront: Yes
  • Construction Type: Concrete, Roof Metal, Steel, Stucco
  • Exterior Features: Balcony, Patio Covered, Pool - Heated, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Steel: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Pool - In-Ground: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Covered, Deeded, Guest
  • Parking Features:Garage3: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Covered: Yes
  • Parking Features:Deeded: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Elevators, Fishing, Gated Community, Marina, Pavillion/Gazebo, Pets Allowed, Pool, Separate Storage, TV Cable, Waterfront
  • Association #2 Fee: 660.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Insurance, Management, Master Association, Recreational Faclty, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-1300-0000-P705
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 44

Tax Info

  • Tax Annual Amount: 7919.87
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2018
Closed on
Jun 10, 2019
Sold by
Equity Trust Company
Bought by
Sullivan Jerry P and Sullivan Leslie M
Seller's Agent
Eric Hanson
Coldwell Banker Realty
Buyer's Agent
Leslie Sullivan
Century 21 AllPoints Realty
List Price
$1,017,500
Sold Price
$1,017,500
Current Estimated Value
$1,378,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,637
Avg. Annual Appreciation
4.93%
Original Mortgage
$800,000
Outstanding Balance
$762,010
Interest Rate
5.69%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$616,127

Purchase Details

Closed on
Nov 13, 2013
Sold by
Etc
Bought by
Equity Trust Company and John Buck Ira

Purchase Details

Closed on
May 20, 2013
Sold by
The Bank Of New York Mellon
Bought by
Etc and John Buck Ira

Purchase Details

Closed on
Feb 15, 2013
Sold by
Cadenhead Chris and Case #2009 Ca 3151
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Jun 11, 2010
Sold by
Whitney National Bank
Bought by
Orgusaar Robert and Orgusaar Rishelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2006
Sold by
Sides & Associates Inc
Bought by
Cadenhead Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2004
Sold by
Sides & Associates Inc
Bought by
Kay Marie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
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
Sullivan Jerry P $1,017,500 Championship Title Agcy Llc
Equity Trust Company $254,000 Title Works
Etc $515,099 Premium Title Services Inc
The Bank Of New York Mellon $320,100 None Available
Orgusaar Robert $300,000 None Available
Cadenhead Chris $1,600,000 Harborview Title Llc
Kay Marie P $610,000 Destin Land & Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Jerry P $800,000
Previous Owner Orgusaar Robert $225,000
Previous Owner Cadenhead Chris $1,100,000
Previous Owner Kay Marie P $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2021 09/05/21 Off Market $1,017,500 -- --
03/17/2021 03/17/21 Off Market $3,450 -- --
06/14/2019 06/14/19 Sold $1,017,500 0.0% $359 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
07/31/2018 07/31/18 For Sale $1,017,500 0.0% $359 / Sq Ft
02/04/2018 02/04/18 Off Market $3,100 -- --
11/07/2017 11/07/17 Rented $3,450 0.0% --
11/07/2017 11/07/17 Under Contract -- -- --
07/10/2017 07/10/17 For Rent $3,450 +11.3% --
08/10/2013 08/10/13 Rented $3,100 0.0% --
08/10/2013 08/10/13 Under Contract -- -- --
07/26/2013 07/26/13 For Rent $3,100 -- --
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 $6,346 $586,838 -- --
2023 $6,346 $569,746 $0 $0
2022 $6,203 $553,151 $0 $0
2021 $6,197 $537,040 $0 $0
2020 $6,152 $529,625 $0 $0
2019 $7,687 $606,000 $0 $606,000
2018 $7,781 $606,000 $0 $0
2017 $7,920 $606,000 $0 $0
2016 $7,963 $613,000 $0 $0
2015 $8,121 $613,000 $0 $0
2014 $7,832 $584,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 804355

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1300-0000-P705