NOT LISTED FOR SALE

68 Terra Cotta Way Destin, FL 32541

Estimated Value: $749,000 - $1,380,000

3 Beds
3.5 Baths
2,739 Sq Ft
$413/Sq Ft Est. Value

Last Sold October 23, 2018

Last sale price $390,000 $142 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $6,886/month

12 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Beach House
  • Destin Elementary School Rated A-
  • Vaulted Ceiling
  • Furnished

About This Home

As of October 2018

OPPORTUNITY KNOCKS. TWO HOMES IN ONE. Although Home needs a lot of work, take advantage of this fantastic opportunity to own a 2 BR/2.5 Bath Home plus a 1 BR/1 Bath lockout apartment w/separate entrance just one block from the beach! A spacious living room, dining room, Kitchen and deck occupy the 2nd floor while 2 Bedrooms, 2 Bathrooms & a 2nd deck occupy the 3rd. The one bedroom apartment, locate thru the garage, offers a 2nd living area, 2nd Kitchen & separate entrance from the patio or garage. Terra Cotta amenities include heated pool, tennis courts, clubhouse, basketball court & deeded beach access. Located in the heart of Destin, this home is close to restaurants, shopping, golf & the beach.

Last Agent to Sell the Property

Karen Martineau

RE/MAX Coastal Properties License #3096846 Listed on: 09/06/2018

RE/MAX Coastal Properties

Last Buyer's Agent

Len Necaise

Crystal Shores Realty License #SL3339599

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,966

Year Built

  • Built in 1994

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x109
  • Street terminates at a dead end
  • Sprinkler System

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking

Home Design

  • Beach House
  • Repairs Needed
  • Exterior Columns
  • Slate Roof
  • Stucco
  • Slate

Interior Spaces

  • 2,739 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Woodwork
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Painted or Stained Flooring
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

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

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2499-0000-0160

Community Details

Overview

  • Association fees include accounting, ground keeping, management, recreational faclty
  • Terra Cotta Terrace Subdivision
  • The community has rules related to covenants

Amenities

  • Recreation Room

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,966

Year Built

Built in 1994

Lot Details

0

HOA Fees

$160 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Lot Size: 40x109
  • Road Frontage Type: City Street
  • Subdivision Name: TERRA COTTA TERRACE
  • Directions: Terra Cotta Terrace is Between Pompano Joes and Crab Trap off of Scenic Hwy 98. Turn onto Terra Cotta Way and the house will be on your left.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1994
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Fireplace Gas, Floor Tile, Floor WW Carpet, Furnished - All, Lighting Recessed, Needs Work, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Fireplace Gas: Yes

Exterior Features

  • Lot Features: Covenants, Dead End, Storm Sewer, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Roof Tile/Slate, Stucco
  • Exterior Features: Balcony, Columns, Deck Covered, Patio Covered, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Deck Covered: Yes
  • Exterior:Patio Covered: Yes
  • Lot Features:Dead End: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Columns: Yes
  • ConstructionSiding:Roof TileSlate: Yes
  • Lot Features:Storm Sewer: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Guest
  • Parking Features:Garage Attached: Yes
  • Parking Features:Guest: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Deed Access, Pool, Tennis
  • Association #2 Fee: 160.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 00-2S-22-2499-0000-0160
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Oct 23, 2018
Sold by
Ballance Joseph Michael and Ballance Amy Marie
Bought by
Le Van and Dang Tung
Seller's Agent
Karen Martineau
RE/MAX Coastal Properties
Buyer's Agent
Len Necaise
Crystal Shores Realty
List Price
$390,000
Sold Price
$390,000
Current Estimated Value
$1,132,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$742,210
Avg. Annual Appreciation
16.48%
Original Mortgage
$312,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2000
Sold by
Beaucoudray Robert L and Beaucoudray Teresa
Bought by
Ballance Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,400
Interest Rate
8.63%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
Le Van $390,000 Aqua Title Services
Ballance Charles E $388,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Van $312,000
Previous Owner Ballance Charles E $310,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2018 10/23/18 Sold $390,000 0.0% $142 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $390,000 -- $142 / 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 $8,966 $890,352 $240,750 $649,602
2023 $8,966 $860,430 $225,000 $635,430
2022 $7,742 $694,362 $173,004 $521,358
2021 $6,748 $543,400 $149,940 $393,460
2020 $6,202 $495,719 $142,800 $352,919
2019 $5,823 $459,027 $142,800 $316,227
2018 $5,779 $450,090 $0 $0
2017 $4,272 $364,273 $0 $0
2016 $4,158 $356,781 $0 $0
2015 $4,213 $354,301 $0 $0
2014 $4,229 $351,489 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Martineau

    Seller's Agent in 2018

    Karen Martineau

    RE/MAX

    (850) 420-7200

    43 in this area

    183 Total Sales

    Karen Martineau
    Section Image

  • L

    Buyer's Agent in 2018

    Len Necaise

    Crystal Shores Realty

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 800261

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2499-0000-0160

Florida Okaloosa County Destin 32541

68 Terra Cotta Way, Destin, FL

This home is located at 68 Terra Cotta Way, Destin, FL 32541 since 06 September 2018 and is currently estimated at $1,132,210, approximately $413 per square foot. This property was built in 1994. 68 Terra Cotta Way is a home located in Okaloosa County with nearby schools including Destin Elementary School, Destin Middle School, and Fort Walton Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes