NOT LISTED FOR SALE

96 Terra Cotta Way Destin, FL 32541

Estimated Value: $631,992 - $706,000

2 Beds
2 Baths
1,061 Sq Ft
$628/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $527,000 $497 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,162/month

52 Days on Market

Highlights

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

About This Home

As of March 2021

CHARMING two bedroom, two bath cottage steps away from neighborhood PRIVATE BEACH ACCESS. Great investment opportunity that currently has a long-term tenant staying during the shoulder season. Split floorplan with open living/dining area & kitchen allow for easy year-round entertaining on the covered back patio with pavers. Wood floors throughout and FULLY furnished with a few exceptions. NEW HVAC 2019. Not many two bedroom houses come with a garage but this one does! The property is located on a cul-de-sac for secluded privacy. Terra Cotta Terrace amenities include private beach access, clubhouse, heated community pool, sand volleyball court, & tennis courts!

Last Agent to Sell the Property

Marie Babin

RE/MAX By the Sea License #3364088 Listed on: 12/03/2020

RE/MAX By the Sea

Last Buyer's Agent

Julie Morrill

American Classic Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,515

Year Built

  • Built in 2002

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 90x60x70x45
  • Cul-De-Sac
  • Street terminates at a dead end
  • Sprinkler System

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Beach House
  • Slate Roof
  • Stucco
  • Slate

Interior Spaces

  • 1,061 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Living Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded access to the beach
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Air Source Heat Pump
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2499-0000-0300

Community Details

Overview

  • Association fees include accounting, ground keeping, legal, licenses/permits, management, recreational faclty
  • 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

$5,515

Year Built

Built in 2002

Lot Details

0

HOA Fees

$170 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Lot Size: 90x60x70x45
  • Road Surface Type: Paved
  • Subdivision Name: TERRA COTTA TERRACE
  • Directions: One block east of Capt. Dave's on the Gulf restaurant. Turn north into Terra Cotta Terrace & follow back to cul-de-sac.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2002
  • 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
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Heat Pump Air To Air: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Tray/Cofferd, Floor Hardwood, Furnished - All, Lighting Recessed, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling TrayCofferd: Yes

Exterior Features

  • Lot Features: Covenants, Cul-De-Sac, Dead End, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Roof Tile/Slate, Stucco
  • Exterior Features: Patio Covered, Patio Open, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Patio Covered: Yes
  • Lot Features:Dead End: Yes
  • Exterior:Sprinkler System: Yes
  • ConstructionSiding:Roof TileSlate: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • General Property Info:Garage2: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump Air To Air, Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • 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, Legal, Licenses/Permits, Management, 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-22-2499-0000-0300
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Mar 3, 2021
Sold by
Douglas Richard and Douglas Laurie Anna
Bought by
Goudge Maureen R and Goudge Mark W
Seller's Agent
Marie Babin
RE/MAX By the Sea
Buyer's Agent
Julie Morrill
American Classic Realty Inc
List Price
$527,000
Sold Price
$527,000
Current Estimated Value
$666,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,248
Avg. Annual Appreciation
5.97%
Original Mortgage
$421,600
Outstanding Balance
$379,648
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$307,198

Purchase Details

Closed on
Feb 11, 2019
Sold by
Douglas Laurie Anna and Malchus Laura A
Bought by
Doulgas Richard and Doulgas Douglas Laurie

Purchase Details

Closed on
Feb 19, 2002
Sold by
Robinson Leslie Allen
Bought by
Malchus Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.02%
Mortgage Type
Construction
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
Goudge Maureen R $527,000 Attorney
Doulgas Richard -- Attorney
Malchus Laurie A $49,000 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goudge Maureen R $421,600
Previous Owner Malchus Laurie A $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2024 08/18/24 Off Market $527,000 -- --
03/03/2021 03/03/21 Sold $527,000 0.0% $497 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
12/03/2020 12/03/20 For Sale $527,000 0.0% $497 / Sq Ft
10/07/2020 10/07/20 Off Market $1,800 -- --
04/19/2019 04/19/19 Rented $1,800 0.0% --
04/19/2019 04/19/19 Under Contract -- -- --
03/21/2019 03/21/19 For Rent $1,800 +10.8% --
07/17/2018 07/17/18 Off Market $1,625 -- --
06/20/2018 06/20/18 Off Market $1,625 -- --
04/16/2018 04/16/18 Rented $1,625 0.0% --
04/16/2018 04/16/18 Under Contract -- -- --
03/28/2018 03/28/18 For Rent $1,625 0.0% --
03/22/2018 03/22/18 Rented $1,625 0.0% --
03/22/2018 03/22/18 Under Contract -- -- --
02/06/2018 02/06/18 For Rent $1,625 +12.1% --
02/04/2018 02/04/18 Off Market $1,450 -- --
02/04/2018 02/04/18 Off Market $1,450 -- --
02/04/2018 02/04/18 Off Market $1,450 -- --
04/18/2014 04/18/14 Rented $1,450 0.0% --
03/20/2014 03/20/14 Under Contract -- -- --
03/06/2014 03/06/14 For Rent $1,450 0.0% --
04/05/2013 04/05/13 Rented $1,450 0.0% --
04/05/2013 04/05/13 Under Contract -- -- --
02/21/2013 02/21/13 For Rent $1,450 0.0% --
08/17/2012 08/17/12 Rented $1,450 0.0% --
08/17/2012 08/17/12 Under Contract -- -- --
07/04/2012 07/04/12 For Rent $1,450 -- --
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 $5,515 $514,507 $240,750 $273,757
2023 $5,515 $492,704 $225,000 $267,704
2022 $4,770 $395,837 $173,004 $222,833
2021 $3,751 $317,823 $149,940 $167,883
2020 $3,271 $261,412 $142,800 $118,612
2019 $3,192 $251,649 $142,800 $108,849
2018 $3,081 $246,724 $0 $0
2017 $2,772 $212,140 $0 $0
2016 $2,723 $209,646 $0 $0
2015 $2,680 $202,286 $0 $0
2014 $2,468 $184,033 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 860249

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2499-0000-0300