NOT LISTED FOR SALE

69 Crystal Beach Dr Unit 1 Destin, FL 32541

Estimated Value: $660,000 - $724,000

2 Beds
2 Baths
1,200 Sq Ft
$573/Sq Ft Est. Value

Last Sold July 20, 2013

Last sale price $235,000 $196 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $4,657/month

8 Days on Market

Highlights

  • Deeded access to the beach
  • Newly Painted Property
  • Main Floor Primary Bedroom
  • Destin Elementary School Rated A-
  • Florida Architecture
  • Furnished

About This Home

As of July 2013

Not your typical Nantucket Cottage! Totally remodeled with 18'' tile floors throughout, full bath tubs and showers in both bathrooms, granite countertops in kitchens, new stainless steel appliances, and new kitchen cabinets 1A. Reconfigured floor plan moving closet so bedrooms will accommodate king beds. Most Nantucket Cottages don't have this option. Both AC/heating units replaced in 2011. This unit offers all the charm of life at the beach in the popular Crystal Beach Community. Two complete units, one on each floor with bedroom, full bath with tub, built in bunk beds in hallway, living room with dining area and kitchen. Each has a private entrance. Nantucket Cottages have a heated pool. Wonderful complex for investors with proven rental income. Grossed over $35,000 in 2012. A ideal cottage for vacationers or the perfect beach getaway. Another option would be to live on one level and get rental income from the other which would be approximately $17,000 per year.

Last Agent to Sell the Property

Ann Hammonds

REV Realty License #617904 Listed on: 05/17/2013

Last Buyer's Agent

- Ecn.rets.e2259

ecn.rets.RETS_OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,145

Year Built

  • Built in 1994

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 50x50

HOA Fees

  • $580 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Newly Painted Property
  • Frame Construction
  • Wood Trim

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Window Treatments
  • Dining Room
  • Tile Flooring

Kitchen

  • Electric Oven or Range
  • Induction Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Built-In Bunk Beds
  • 2 Full Bathrooms

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

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-1655-0000-0010

Community Details

Overview

  • Association fees include accounting, ground keeping, legal, licenses/permits, management, recreational faclty, sewer, cable TV, trash
  • Nantucket Cottages Subdivision

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,145

Year Built

Built in 1994

Lot Details

0

HOA Fees

$580 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Lot Size: 50X50
  • Road Frontage Type: City Street
  • Subdivision Name: NANTUCKET COTTAGES
  • Directions: From Emerald Coast Parkway, turn south towards the beach on Crystal Beach Drive. Proceed to the end of the road, look to your left and you will see complex. #1 is on the corner of Crystal Beach Dr and
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1994
  • Utilities Electric: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Energy:AC - 2 or More: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Disposal, Microwave, Refrigerator, Smooth Stovetop Rnge, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Floor Tile, Furnished - All, Hallway Bunk Beds, Newly Painted, Window Treatment All
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes
  • Interior:Hallway Bunk Beds: Yes

Exterior Features

  • Lot Features: Within 1/2 Mile to Water
  • Construction Type: Frame, Slab, Trim Wood
  • Exterior Features: Balcony, Patio Covered
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • ConstructionSiding:Trim Wood: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Deed Access, Dumpster, Laundry, Pool, TV Cable
  • Association #2 Fee: 580.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Legal, Licenses/Permits, Management, Recreational Faclty, Sewer, Cable TV, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 00-2S-22-1655-0000-0010
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2013
Closed on
Jul 19, 2013
Sold by
Jorgensen John P and Jorgensen Marilyn
Bought by
Ivan Rares
Seller's Agent
Ann Hammonds
REV Realty
Buyer's Agent
- Ecn.rets.e2259
ecn.rets.RETS_OFFICE
List Price
$235,000
Sold Price
$235,000
Current Estimated Value
$687,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,343
Avg. Annual Appreciation
9.16%
Original Mortgage
$188,000
Outstanding Balance
$136,646
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$550,697

Purchase Details

Closed on
Dec 27, 2004
Sold by
Matulich Christian F and Wallace Bradley R
Bought by
Jorgensen John P and Jorgensen Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,920
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2004
Sold by
Oakland Thomas D
Bought by
Matulich Christian F and Wallace Bradley R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2002
Sold by
B & J Enterprises
Bought by
Oakland Thomas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
6.72%
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
Ivan Rares $235,000 Attorney
Jorgensen John P $549,900 H & S Title & Escrow Inc
Matulich Christian F $345,000 --
Oakland Thomas D $189,000 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ivan Rares $188,000
Previous Owner Jorgensen John P $439,920
Previous Owner Matulich Christian F $276,000
Previous Owner Oakland Thomas D $151,200
Closed Matulich Christian F $34,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2020 10/13/20 Off Market $235,000 -- --
07/20/2013 07/20/13 Sold $235,000 0.0% $196 / Sq Ft
05/25/2013 05/25/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $235,000 -- $196 / 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 $5,145 $585,303 $251,538 $333,765
2023 $5,145 $561,482 $235,082 $326,400
2022 $4,459 $461,708 $213,711 $247,997
2021 $3,742 $341,452 $147,000 $194,452
2020 $3,141 $262,519 $140,000 $122,519
2019 $2,772 $218,564 $98,502 $120,062
2018 $2,766 $215,448 $0 $0
2017 $2,698 $206,420 $0 $0
2016 $2,612 $201,057 $0 $0
2015 $2,556 $193,729 $0 $0
2014 $2,340 $174,509 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 595326

Emerald Coast Association of REALTORS®

APN: 00-2S-22-1655-0000-0010