NOT LISTED FOR SALE

72 Terra Cotta Way Destin, FL 32541

Estimated Value: $844,000 - $1,081,000

3 Beds
4 Baths
2,291 Sq Ft
$431/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $585,000 $255 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,078/month

52 Days on Market

Highlights

  • Deeded access to the beach
  • Gulf View
  • Wood Flooring
  • Destin Elementary School Rated A-
  • Beach House
  • Community Pool

About This Home

As of February 2020

Currently under contract with contingencies. Seller still accepting offers as a ''kick out'' clause is in place.
Meticulously maintained and solidly constructed Mediterranean-style home in the private, beachside community of Terra Cotta Terrace. This fresh and current coastal getaway is located near the community pool and just a short stroll to the private beach access. With the hallmarks of an ideal beach home like great location, on-trend coastal dcor, ample fresh air living space, and corridor Gulf views, this pristine, never-rented home would make an excellent vacation rental or second home. Vacation rental income projections top $45,000. Concrete block construction and impact windows offer first-rate hurricane protection. Bedrooms are designed for privacy; main living areas are planned for gathering; and all spaces are meant for relaxing. Each bedroom has access to a balcony.
The 1st floor contains a private guest suite with a den that could be used for additional sleeping. The master suite is a luxurious respite with fireplace, balcony access, and spa tub. The kitchen has a timeless aesthetic with cherry wood cabinets, stainless steel appliances, and solid surface countertops. Notable appointments include: hardwood floors, updated baths, double crown molding, and staircase granite flooring. Terra Cotta Terrace is a desirable private community characterized by unique Mediterranean-inspired homes and lush greenery. Community amenities include: private beach access, pool, tennis, and sand volleyball.

Last Agent to Sell the Property

Cindy Cole

Keller Williams Realty Destin License #no data Listed on: 11/06/2019

Keller Williams Realty Destin

Last Buyer's Agent

Paul Shorey

ERA American Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,384

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 50x100
  • Partially Fenced Property
  • Sprinkler System

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Slate Roof
  • Stucco
  • Slate

Interior Spaces

  • 2,291 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Family Room
  • Dining Room
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2499-0000-0180

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,384

Year Built

Built in 2004

Lot Details

0

HOA Fees

$170 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 50X100
  • Road Surface Type: Paved
  • Subdivision Name: TERRA COTTA TERRACE
  • Directions: One block from Captain Dave's Restaurant on Scenic Highway 98, on right side. House will be on your left.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2004
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Utilities:Underground: Yes
  • Rooms:Family Room: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Tray/Cofferd, Fireplace 2+, Floor Hardwood, Floor Tile, Furnished - Some, Lighting Recessed, Pantry
  • 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:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Interior:Fireplace 2: Yes

Exterior Features

  • Lot Features: Covenants, Within 1/2 Mile to Water
  • View: Gulf
  • Construction Type: Roof Tile/Slate, Stucco
  • Exterior Features: Balcony, Fenced Lot-Part, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Sprinkler System: Yes
  • ConstructionSiding:Roof TileSlate: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: 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, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Deed Access, Pool, Tennis
  • Association #2 Fee: 170.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2499-0000-0180
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Feb 7, 2020
Sold by
Minnis Matthew and Minnis Tracy
Bought by
Hayduk Ann H and The Ann H Hayduk Revocable Tru
Seller's Agent
Cindy Cole
Keller Williams Realty Destin
Buyer's Agent
Paul Shorey
ERA American Real Estate
List Price
$585,000
Sold Price
$585,000
Current Estimated Value
$986,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,379
Avg. Annual Appreciation
9.65%

Purchase Details

Listed on
Feb 18, 2012
Closed on
Apr 6, 2012
Sold by
Straten Harald and Straten Jane Marie
Bought by
Minnis Matthew and Minnis Tracy
Seller's Agent
Howard Dolgoff
Emerald Coast Properties Inc
Buyer's Agent
Hal Crane
RE/MAX Coastal Properties
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.40%

Purchase Details

Closed on
Feb 15, 2002
Sold by
Bettis H Michael and Bettis Jeri C
Bought by
Straten Harald and Straten Jane Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.02%
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
Hayduk Ann H $585,000 Knight Barry Title Sln Inc
Minnis Matthew $450,000 Aqua Title
Straten Harald $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Straten Harald $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2020 02/07/20 Sold $585,000 0.0% $255 / Sq Ft
12/28/2019 12/28/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $585,000 +30.0% $255 / Sq Ft
04/06/2012 04/06/12 Sold $450,000 0.0% $196 / Sq Ft
03/07/2012 03/07/12 Pending -- -- --
02/18/2012 02/18/12 For Sale $450,000 -- $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 $8,384 $833,642 $240,750 $592,892
2023 $8,384 $804,776 $225,000 $579,776
2022 $7,232 $648,013 $173,004 $475,009
2021 $6,309 $508,021 $149,940 $358,081
2020 $5,841 $466,850 $142,800 $324,050
2019 $5,583 $440,161 $142,800 $297,361
2018 $5,528 $430,513 $0 $0
2017 $5,235 $400,535 $0 $0
2016 $5,159 $397,171 $0 $0
2015 $5,112 $386,912 $0 $0
2014 $4,689 $349,654 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 833392

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2499-0000-0180