NOT LISTED FOR SALE

606 Lagoon Dr Destin, FL 32541

Estimated Value: $2,555,815 - $4,211,000

7 Beds
4.5 Baths
5,658 Sq Ft
$552/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2014

Last sale price $1,700,000 $300 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $17,420 / mo

471 Days on Market

Highlights

  • Docks
  • Boat Lift
  • In Ground Pool
  • Destin Elementary School Rated A-
  • Boat Slip
  • Home fronts a canal

About This Home

As of May 2014

BANK OWNED Canal Front Beauty. EXTREMELY FLEXIBLE OWNER FINANCING AVAILABLE. This almost new 7BR/4.5BA canal front home's hardwood floors and light filled lead straight to the canal front with lush landscaping, a kidney shaped pool and dual boat slips. Clean lines, granite surfaces and soothing colors combine for a relaxing and tasteful residence on the water. Extras make this home an entertainer's paradise. A gourmet kitchen, a wine tasting/storage closet, a built-in cigar humidor, 2 fireplaces, a steam shower and an elevator keep guests coming back often. Wide spaces, ample outdoor places and music throughout make room for a variety of interests. A first floor lock-out with its own kitchen/living/sleeping offers privacy for guests or serves as party central for poolside entertaining. Dual garages and a split entry staircase make for great curb appeal. Annual Rental Projections of $165,000. Bank will consider preferred financing terms for qualified buyer. PROPERTY TO BE SOLD ''AS IS''.

Last Agent to Sell the Property

Cindy Cole

Cindy Cole Fine Homes LLC License #3210066 Listed on: 12/04/2012

Co-Listed By

Matt McGee

Livin Right Real Estate LLC License #3227750

Last Buyer's Agent

Paul Couch

Eimers Group Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 11,761 Sq Ft Lot
  • Lot Dimensions are 90x130
  • Home fronts a canal
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned Deed Restrictions, Resid

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Automatic Garage Door Opener
  • Golf Cart Parking

Home Design

  • Florida Architecture
  • Frame Construction
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 5,658 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Built-in Bookshelves
  • Coffered Ceiling
  • Tray Ceiling
  • Recessed Lighting
  • Track Lighting
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Sun or Florida Room
  • Canal Views
  • Fire and Smoke Detector
  • Exterior Washer Dryer Hookup

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Cooktop with Range Hood
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Outdoor Features

  • In Ground Pool
  • Boat Lift
  • Boat Slip
  • Docks
  • Balcony
  • Covered Deck
  • Porch

Schools

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

Utilities

  • Two Heating Systems
  • Air Source Heat Pump
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include ground keeping, legal, management
  • Holiday Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-2S-24-2186-000E-0810

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0.27 Acres

HOA Fees

$22 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • Lot Size: 90X130
  • Road Frontage Type: City Street
  • Co List Office Mls Id: ELIV
  • Co List Office Phone: 850-426-4136
  • Subdivision Name: Holiday Isle
  • Directions: Hwy 98 to Gulf Shore Dr. At first three way stop sign turn right and go to the third street on left. House is on the left side before the cul de sac.
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2008
  • Remarks Misc:Remarks: BANK OWNED Canal Front Beauty. EXTREMELY FLEXIBLE OWNER FINANCING AVAILABLE. This almost new 7BR/4.5BA canal front home's hardwood floors and light filled lead straight to the canal front with lush landscaping, a kidney shaped pool and dual boat slips. Clean lines, granite surfaces and soothing colors combine for a relaxing and tasteful residence on the water. Extras make this home an entertainer's paradise. A gourmet kitchen, a wine tasting/storage closet, a built-in cigar humidor, 2 fireplaces, a steam shower and an elevator keep guests coming back often. Wide spaces, ample outdoor places and music throughout make room for a variety of interests. A first floor lock-out with its own kitchen/living/sleeping offers privacy for guests or serves as party central for poolside
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Utilities:Gas - Natural: Yes
  • Waterview:Canal2: Yes
  • Rooms:Family Room: Yes
  • Energy:Heat - Two or More: Yes
  • Rooms:Office2: Yes
  • Energy:Heat Pump AA Two: Yes
  • Waterfront:Canal: Yes
  • Rooms:Florida Room: Yes
  • Special Features: RealEstateOwned
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Electric, Wine Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Tray/Cofferd, Elevator, Fireplace 2+, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - None, Guest Quarters, Kitchen Island, Lighting Recessed, Lighting Track, Pantry, Washer/Dryer Hookup, Wet Bar, Window Treatmnt Some
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Interior:Lighting Track: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Interior:Guest Quarters2: Yes
  • Interior:Fireplace 2: Yes

Exterior Features

  • View: Canal
  • Waterfront Features: Canal
  • Waterfront: Yes
  • Construction Type: Frame, Roof Metal, Siding CmntFbrHrdBrd, Slab
  • Exterior Features: Balcony, Boat Slip, Boatlift, Deck Covered, Deck Open, Dock, Fenced Back Yard, Pool - In-Ground, Porch, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Deck Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Boat Slip: Yes
  • Exterior:Boatlift: Yes
  • Exterior:Dock: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Golf Cart Enclosed, Oversized
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Oversized: Yes
  • Parking Features:Golf Cart Enclosed: Yes

Utilities

  • Heating: Heat Pump A/A Two +
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Association #2 Fee: 260.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Legal, Management

Schools

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

Lot Info

  • Lot Size Sq Ft: 11761.2
  • Parcel #: 00-2S-24-2186-000E-0810
  • Zoning: Deed Restrictions, Resid
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2012
Closed on
Apr 24, 2014
Sold by
First City Holdings Llc
Bought by
Mcguigan Charles and Sinesi Polly
Seller's Agent
Cindy Cole
Cindy Cole Fine Homes LLC
Buyer's Agent
Paul Couch
Eimers Group Inc
List Price
$1,700,000
Sold Price
$1,700,000
Current Estimated Value
$3,124,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,424,605
Avg. Annual Appreciation
5.21%
Original Mortgage
$850,000
Outstanding Balance
$641,211
Interest Rate
4.37%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$2,483,394

Purchase Details

Closed on
Dec 30, 2010
Sold by
First City Bank Of Florida
Bought by
First City Holdings Llc

Purchase Details

Closed on
Dec 29, 2010
Sold by
Kroeger Chester G and Kroeger Vera Patricia
Bought by
First City Bank Of Florida

Purchase Details

Closed on
Nov 16, 2004
Sold by
Okaloosa County
Bought by
Kroeger Chester G and Kroeger Vera Patricia
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mcguigan Charles $1,700,000 Attorney
First City Holdings Llc -- None Available
First City Bank Of Florida $1,750,000 Attorney
Kroeger Chester G -- Associated Land Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcguigan Charles $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2014 05/01/14 Sold $1,700,000 0.0% $300 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
12/04/2012 12/04/12 For Sale $1,700,000 -- $300 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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
2025 $11,352 $997,511 -- --
2024 $10,783 $969,398 -- --
2023 $10,783 $941,163 $0 $0
2022 $10,548 $913,750 $0 $0
2021 $10,457 $880,087 $0 $0
2020 $10,385 $867,936 $0 $0
2019 $10,283 $848,422 $0 $0
2018 $10,061 $821,112 $0 $0
2017 $10,022 $804,223 $0 $0
2016 $9,755 $787,682 $0 $0
2015 $9,335 $700,545 $0 $0
2014 $9,299 $689,358 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 561865

Emerald Coast Association of REALTORS®

APN: 00-2S-24-2186-000E-0810

Your Personal Tour Guide

Ask me questions while you tour the home.