NOT LISTED FOR SALE

Estimated Value: $554,763

3 Beds
3 Baths
1,400 Sq Ft
5 Acre Lot

Sale Details

Date Sold: September 16, 2013

Last sale price $242,500 $173 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $4,154 / mo

50 Days on Market

Highlights

  • Lake Front
  • Beach
  • Gulf View
  • Destin Elementary School Rated A-
  • Fishing
  • Gated Community

About This Home

As of September 2013

What a great 3 bedroom, 3 bath condo located in Terrace at Pelican Beach. This spacious condo has a wonderful wrap around balcony with great view of the lake, Gulf and Destin. The condo is a large 3 bedroom. The Terrace at Pelican Beach community features beach, pools, hot tubs, tennis, fitness center and so much more. Don't miss out on this fabulous condo with it's great location close to shopping entertainment and restaurants. Property being sold ''AS IS'' with right to inspect.

Last Agent to Sell the Property

Michael Kelly

Keller Williams Realty Destin Listed on: 06/10/2013

Keller Williams Realty Destin

Last Buyer's Agent

Jeff Troy

Counts Real Estate Group Inc License #3110076

Counts Real Estate Group Inc
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1999

Lot Details

  • 5

HOA Fees

  • $535 Monthly HOA Fees

Parking

  • Guest Parking

Property Views

Home Design

  • Aluminum Trim
  • Stucco

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Utility Room
  • Exterior Washer Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

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

Additional Features

  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2500-0000-0607

Community Details

Overview

  • Association fees include accounting, advertising, ground keeping, insurance, management, recreational faclty, security, sewer, water, trash
  • Terrace At Pelican Beach Subdivision

Amenities

  • Community Barbecue Grill
  • Sauna
  • Game Room
  • Meeting Room
  • Elevator

Recreation

  • Beach
  • Fishing

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1999

Lot Details

5 Acres

HOA Fees

$535 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: TERRACE AT PELICAN BEACH
  • Directions: On Hwy 98, across from Big Kahuna's Water park on South Side of 98.
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1999
  • Remarks Misc:Remarks: What a great 3 bedroom, 3 bath condo located in Terrace at Pelican Beach. This spacious condo has a wonderful wrap around balcony with great view of the lake, Gulf and Destin. The condo is a large 3 bedroom. The Terrace at Pelican Beach community features beach, pools, hot tubs, tennis, fitness center and so much more. Don't miss out on this fabulous condo with it's great location close to shopping entertainment and restaurants. Property being sold ''AS IS'' with right to inspect.
  • Utilities Electric: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Utilities:Community Water: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Waterview:Lake2: Yes
  • Waterfront:Lake: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Stove/Oven Electric
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Floor Tile, Floor WW Carpet, Washer/Dryer Hookup, Window Treatmnt None, Woodwork Painted
  • Stories: 16
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Woodwork Painted: Yes

Exterior Features

  • View: Lake, Gulf
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Slab, Stucco, Trim Aluminum
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Trim Aluminum: Yes
  • Exterior:Balcony: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Dumpster, Elevators, Fishing, Game Room, Gated Community, Pool, Sauna/Steam Room, Tennis, TV Cable
  • Association #2 Fee: 535.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Advertising, Ground Keeping, Insurance, Management, Recreational Faclty, Security, Sewer, Water, Trash

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2500-0000-0607
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2013
Closed on
Sep 16, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Seller's Agent
Michael Kelly
Keller Williams Realty Destin
Buyer's Agent
Jeff Troy
Counts Real Estate Group Inc
List Price
$242,500
Sold Price
$242,500
Current Estimated Value
$554,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,263
Avg. Annual Appreciation
6.57%
Original Mortgage
$135,000
Outstanding Balance
$97,264
Interest Rate
4.39%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$457,499

Purchase Details

Closed on
Feb 14, 2013
Sold by
Gremillion Nathan J
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 26, 2004
Sold by
Gremillion Nathan J and Gremillion Vanessa D
Bought by
Gremillion Nathan J and Gremillion Vanessa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$242,500 Fidelity Natl Title Fl Inc
Deutsche Bank National Trust Company $135,100 None Available
Gremillion Nathan J $380,000 Transcontinental Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $135,000
Previous Owner Gremillion Nathan J $380,000
Previous Owner Kreppein Alfred J $276,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/16/2013 09/16/13 Sold $242,500 0.0% $173 / Sq Ft
07/30/2013 07/30/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $242,500 -- $173 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,846 $515,000 $515,000
2024 $5,365 $515,000 $515,000
2023 $5,365 $515,000 $0 $515,000
2022 $4,545 $400,000 $0 $400,000
2021 $4,036 $325,000 $0 $325,000
2020 $4,066 $325,000 $0 $325,000
2019 $3,985 $325,000 $0 $325,000
2018 $3,602 $285,000 $0 $0
2017 $3,280 $251,000 $0 $0
2016 $3,260 $251,000 $0 $0
2015 $3,206 $242,000 $0 $0
2014 $2,991 $223,000 $0 $0
Source: Public Records

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 596072

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2500-0000-0607

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