NOT LISTED FOR SALE

64 Terra Cotta Way Destin, FL 32541

Estimated Value: $1,159,000 - $1,570,000

5 Beds
4 Baths
3,037 Sq Ft
$443/Sq Ft Est. Value

Last Sold May 22, 2019

Last sale price $675,000 $222 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $8,070/month

3 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Main Floor Primary Bedroom
  • Destin Elementary School Rated A-
  • Contemporary Architecture
  • Furnished

About This Home

As of May 2019

Bank has approved a $325,000 sales price! Short sale. Opportunity is knocking! This is a gorgeous 3 story home with 2 master suites. There is a screened patio on the first floor and balconies on the 2nd and 3rd floor. This home has been used as a rental and has some water penetration due to the EIFS stucco. The subdivision features tennis courts, a swimming pool and deeded beach access.

Last Agent to Sell the Property

Jennifer Purdy

Coldwell Banker Realty License #3117640 Listed on: 05/05/2019

Coldwell Banker Realty

Co-Listed By

Dahl Burke

Coldwell Banker Realty License #3357240

Last Buyer's Agent

Sarah Timmons

ResortQuest Real Estate Seagrove Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,212

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 100
  • Property fronts a private road
  • Interior Lot
  • Sprinkler System
  • Lawn Pump

HOA Fees

  • $170 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Slate Roof
  • Stucco Exterior Insulation and Finish Systems
  • Slate

Interior Spaces

  • 3,037 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Golf Cart Parking

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Multiple cooling system units
  • Central Air
  • Multiple Water Heaters
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2499-0000-014-

Community Details

Overview

  • Association fees include accounting, ground keeping, recreational faclty
  • Terra Cotta Terrace Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,212

Year Built

Built in 1995 | Remodeled

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Lot Size: 40 x 100
  • Road Frontage Type: Private Road
  • Co List Office Mls Id: ECU2
  • Co List Office Phone: 850-650-4563
  • Subdivision Name: TERRA COTTA TERRACE
  • Directions: Take Old 98, Terra Cotta Terrac is east of Destiny on the north side of Old Hwy 98. Once you enter Terra Cotta, the house is located on the left side of the road
  • Architectural Style: Contemporary
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1995
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Foyer: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Two: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Furnished - All, Renovated, Split Bedroom, Washer/Dryer Hookup, Wet Bar, Window Treatment All
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Split Bedroom: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Wet Bar: Yes

Exterior Features

  • Lot Features: Interior, Within 1/2 Mile to Water
  • Construction Type: Frame, Roof Tile/Slate, Siding EIFS, Slab, Stucco
  • Exterior Features: Balcony, Lawn Pump, Patio Covered, Renovated, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Sprinkler System: Yes
  • ConstructionSiding:Siding EIFS: Yes
  • ConstructionSiding:Roof TileSlate: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Golf Cart Open, Guest
  • Parking Features:Guest: Yes
  • Parking Features:Golf Cart Open: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Deed Access, Pavillion/Gazebo, Picnic Area, Pool, Tennis
  • Association #2 Fee: 170.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Recreational Faclty

Schools

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

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Parcel #: 00-2S-22-2499-0000-014-
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6212.13
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2019
Closed on
May 22, 2019
Sold by
Dahls Home Llc
Bought by
Rdr Properties Llc
Seller's Agent
Jennifer Purdy
Coldwell Banker Realty
Buyer's Agent
Sarah Timmons
ResortQuest Real Estate Seagrove Beach
List Price
$675,000
Sold Price
$675,000
Current Estimated Value
$1,346,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$671,377
Avg. Annual Appreciation
11.00%

Purchase Details

Closed on
Oct 17, 2014
Sold by
Burke Dahl
Bought by
Dahl S House Llc

Purchase Details

Listed on
Jan 22, 2010
Closed on
Jun 19, 2013
Sold by
Burke Dahl
Bought by
Dahl Burke Revocable Trust
Seller's Agent
Brandon Vinyard
The Agency of Pensacola
Buyer's Agent
Non -member
Village Realty East
List Price
$500,000
Sold Price
$325,000
Premium/Discount to List
-$175,000
-35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.05%

Purchase Details

Listed on
Jan 22, 2010
Closed on
Jun 13, 2013
Sold by
Hall Mary Kay
Bought by
Burke Dahl
Seller's Agent
Brandon Vinyard
The Agency of Pensacola
Buyer's Agent
Non -member
Village Realty East
List Price
$500,000
Sold Price
$325,000
Premium/Discount to List
-$175,000
-35%

Purchase Details

Closed on
Apr 25, 2007
Sold by
Veranda Properties Llc
Bought by
Hall Mary Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
1.3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 18, 2003
Sold by
Karner Cheryl and Karner Frank J
Bought by
Veranda Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2002
Sold by
Lopez Judith M and Lopez Agustin
Bought by
Karner Cheryl R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.75%

Purchase Details

Closed on
Feb 29, 2000
Sold by
Lopez Agustin and Lopez Judith H
Bought by
Lopez Judith H
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
Rdr Properties Llc $675,000 Attorney
Dahl S House Llc -- None Available
Dahl Burke Revocable Trust -- Attorney
Burke Dahl $325,000 Attorney
Hall Mary Kay -- Attorney
Veranda Properties Llc $615,000 Mcgill Escrow & Title Llc
Karner Cheryl R $441,000 Lawyers Title Agency Of The
Lopez Judith H $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hall Mary Kay $630,000
Previous Owner Veranda Properties Llc $425,000
Previous Owner Karner Cheryl R $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2019 06/23/19 Off Market $325,000 -- --
05/22/2019 05/22/19 Sold $675,000 0.0% $222 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
05/05/2019 05/05/19 For Sale $675,000 +107.7% $222 / Sq Ft
06/28/2013 06/28/13 Sold $325,000 0.0% $114 / Sq Ft
06/28/2013 06/28/13 Sold $325,000 0.0% $114 / Sq Ft
05/25/2013 05/25/13 Pending -- -- --
05/25/2013 05/25/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $325,000 -35.0% $114 / Sq Ft
01/22/2010 01/22/10 For Sale $500,000 -- $175 / 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 $9,382 $928,018 $240,750 $687,268
2023 $9,382 $897,167 $225,000 $672,167
2022 $8,149 $732,205 $173,004 $559,201
2021 $7,089 $570,871 $149,940 $420,931
2020 $6,553 $523,704 $142,800 $380,904
2019 $6,245 $492,359 $142,800 $349,559
2018 $6,212 $483,789 $0 $0
2017 $5,949 $455,219 $0 $0
2016 $5,852 $451,677 $0 $0
2015 $5,644 $440,652 $0 $0
2014 $4,819 $359,356 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 822109

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2499-0000-0140