NOT LISTED FOR SALE

940 Highway 98 E Unit 34 Destin, FL 32541

Estimated Value: $377,000 - $463,000

3 Beds
2.5 Baths
1,289 Sq Ft
$530/mo HOA Fee

Last Sold April 30, 2018

Last sale price $200,000 $155 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $3,151/month

161 Days on Market

Highlights

  • Beach
  • Fishing
  • Community Pool
  • Destin Elementary School Rated A-
  • Furnished
  • Tennis Courts

About This Home

As of April 2018

NICE CLEAN 3 BR 2 1/2 BA TOWNHOME LOCATED NORTH OF LAKE IN SOUTHBAY. QUIET AREA WITH BEAUTIFUL LANDSCAPING. WALK TO 300' OF PRIVATE WHITE SANDY BEACH. UNIT HAS NEW FLOORING, HVAC AND HOT WATER HEATER.THIS FAMILY FRIENDLY, PET FRIENDLY CONDO COMPLEX 0F 109 UNITS HAS 12 ACRES, 2 POOLS AND KIDDIE POOLS, LIGHTED TENNIS COURTS, FISHING LAKE. THE CONDO COMES FULLY FURNISHED AND IS ON ESTABLISHED VACATION RENTAL PROGRAM THAT SHOULD GROSS $20,000 ANNUALLY. $2000 REMODEL CREDIT TO BUYER!!

Last Agent to Sell the Property

Terry Tallent

Aquatic Resort Properties Inc License #3153317 Listed on: 09/23/2017

Co-Listed By

Sally Homer

PMA Real Estate Sales Inc

Last Buyer's Agent

Terry Tallent

Aquatic Resort Properties Inc License #3153317 Listed on: 09/23/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,647

Year Built

  • Built in 1976

Lot Details

  • 10

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Wallpaper
  • Frame Construction
  • Pitched Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,289 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Area
  • Laminate Flooring

Kitchen

  • Electric Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Cultured Marble Bathroom Countertops

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Open Patio

Schools

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

Utilities

  • Central Air
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-4200-00F5-0000

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, land recreation, legal, licenses/permits, management, sewer, water, cable TV, trash
  • 6 Buildings
  • 6 Units
  • South Bay By The Gulf Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Recreation Room

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,647

Year Built

Built in 1976

Lot Details

0

HOA Fees

$530 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EJWN
  • Co List Office Phone: 850-664-6000
  • Subdivision Name: SOUTH BAY BY THE GULF
  • Directions: GOING EAST ON HWY 98, PAST GULF SHORE DR, TURN SOUTH INTO SOUTHBAY. TOWNHOME IS DOWN STREET AT END TURN RIGHT. UNIT 34 ON THE RIGHT.
  • Architectural Style: N/A
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1976
  • 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:Living Room: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Energy:Storm Doors: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Number Of Buildings: 6
  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Interior Amenities: Floor Laminate, Furnished - All, Owner's Closet, Wallpaper, Washer/Dryer Hookup, Window Treatment All
  • Stories: 2
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Floor Laminate: Yes
  • Interior:Wallpaper: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Frame, Roof Composite Shngl, Roof Pitched, Wood Siding
  • Exterior Features: Patio Open
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Frame: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • ConstructionSiding:Siding Wood: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Guest
  • Parking Features:Guest: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Dumpster, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 530.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Land Recreation, Legal, Licenses/Permits, Management, Sewer, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-4200-00F5-0000
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2017
Closed on
Apr 30, 2018
Sold by
Butler Vicky H and Core Bobbie H
Bought by
Hawkins Melissa and Hawkins Arahn
Seller's Agent
Terry Tallent
Aquatic Resort Properties Inc
Buyer's Agent
Terry Tallent
Aquatic Resort Properties Inc
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$438,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,483
Avg. Annual Appreciation
11.07%
Original Mortgage
$160,000
Outstanding Balance
$141,070
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$297,413

Purchase Details

Closed on
Oct 19, 2004
Sold by
Somers John
Bought by
Butler Vicky H and Core Bobbie H

Purchase Details

Closed on
Jun 2, 2004
Sold by
Fiolek Edward
Bought by
Somers John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.75%
Mortgage Type
New Conventional
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
Hawkins Melissa $200,000 Mcgill Escrow & Title
Butler Vicky H $300,000 H & S Title & Escrow Inc
Somers John $210,000 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawkins Melissa $160,000
Previous Owner Somers John $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2022 03/27/22 Off Market $200,000 -- --
04/30/2018 04/30/18 Sold $200,000 0.0% $155 / Sq Ft
03/03/2018 03/03/18 Pending -- -- --
09/23/2017 09/23/17 For Sale $200,000 -- $155 / 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 $3,647 $375,000 -- $375,000
2023 $3,647 $375,000 $0 $375,000
2022 $2,899 $260,000 $0 $260,000
2021 $2,566 $210,000 $0 $210,000
2020 $2,315 $185,000 $0 $185,000
2019 $2,220 $175,000 $0 $175,000
2018 $2,036 $170,000 $0 $0
2017 $1,751 $134,000 $0 $0
2016 $1,741 $134,000 $0 $0
2015 $1,888 $128,000 $0 $0
2014 $1,893 $128,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 783686

Emerald Coast Association of REALTORS®

APN: 00-2S-22-4200-00F5-0000