NOT LISTED FOR SALE

512 Second Ave Destin, FL 32541

Estimated Value: $460,000 - $500,000

3 Beds
2 Baths
1,695 Sq Ft
$282/Sq Ft Est. Value

Last Sold August 24, 2012

Last sale price $158,000 $93 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $2,950/month

35 Days on Market

Highlights

  • Florida Architecture
  • Living Room
  • Dining Room
  • Destin Elementary School Rated A-
  • Central Air
  • 1-Story Property

About This Home

As of August 2012

Florida Cottage located in the heart of Destin. New paint. Ceramic tile throughout, split floor plan, master bedroom walk-in closet. Home features hardi-plank siding and grade metal roofing. **Seller is offering a credit up to $500 for owner occupant offers (primary or secondary home) . The buyer must identify and select the home warranty company and plan of their choice.** The home warranty incentive must be submitted with the initial purchase offer. Please call for specifics.This property is eligible under the Freddie Mac First Look Initiative through 05/23/2012. During the first 15 days a home is listed for sale in the mls, only offers from owner-occupants(primary residence) or second home buyers, public entities or their designated partners will be considered. Offers from investors purchasers will not be considered until after the initial 15 days of the listing.

Last Agent to Sell the Property

Micha Knowles

ERA American Real Estate License #3021155 Listed on: 05/07/2012

ERA American Real Estate

Last Buyer's Agent

Karen Martineau

RE/MAX Coastal Properties License #3096846

RE/MAX Coastal Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,354

Year Built

  • Built in 2006

Lot Details

  • 10,846

Home Design

  • Florida Architecture

Interior Spaces

  • 1,695 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Lot Dimensions are 60x150
  • Central Air

Community Details

  • Kellys 3Rd Addn To Destin Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-1361-0011-0100

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,354

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 60X150
  • Subdivision Name: KELLYS 3RD ADDN TO DESTIN
  • Directions: North On Beach Drive, left on Kelly Street at Destin Elementary and right on Second Avenue
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2006
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Range Hood, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Public Sewer, Public Water

Schools

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

Lot Info

  • Parcel #: 00-2S-22-1361-0011-0100
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2024
Sold by
Ivanov Stanislav Dinkov
Bought by
Davis Kyle Stephen
Current Estimated Value
$478,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,068
Outstanding Balance
$366,559
Interest Rate
6.89%
Mortgage Type
VA
Estimated Equity
$112,002

Purchase Details

Closed on
Jan 22, 2018
Sold by
Karaliyska Valentina Borisova
Bought by
Ivanov Stanislav Dinkov

Purchase Details

Listed on
May 7, 2012
Closed on
Aug 24, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Borisova Ivanov Stanislva Dinkov and Borisova Karaliyska Valentina
Seller's Agent
Micha Knowles
ERA American Real Estate
Buyer's Agent
Karen Martineau
RE/MAX Coastal Properties
List Price
$158,000
Sold Price
$158,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$155,138
Interest Rate
3.53%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 4, 2012
Sold by
Graham Lawrence E
Bought by
Wells Fargo Bank Na and Americas Servicing Company
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
Davis Kyle Stephen $465,500 Emerald Coast Title Services
Ivanov Stanislav Dinkov $69,400 Attorney
Borisova Ivanov Stanislva Dinkov $158,000 Buyers Title Inc
Wells Fargo Bank Na $97,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Kyle Stephen $370,068
Previous Owner Ivanov Stanislav Dinkov $4,202
Previous Owner Borisova Ivanov Stanislva Dinkov $155,138
Previous Owner Graham Lawrence Edgar $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2019 06/23/19 Off Market $158,000 -- --
08/24/2012 08/24/12 Sold $158,000 0.0% $93 / Sq Ft
06/11/2012 06/11/12 Pending -- -- --
05/07/2012 05/07/12 For Sale $158,000 -- $93 / 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 $4,354 $399,882 $141,343 $258,539
2023 $4,354 $392,033 $132,096 $259,937
2022 $4,038 $364,101 $120,087 $244,014
2021 $3,501 $281,971 $86,731 $195,240
2020 $3,206 $256,272 $82,601 $173,671
2019 $3,054 $240,776 $82,601 $158,175
2018 $2,933 $231,542 $0 $0
2017 $2,781 $220,522 $0 $0
2016 $2,540 $203,709 $0 $0
2015 $2,398 $190,565 $0 $0
2014 $2,047 $152,647 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 576794

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1361-0011-010A