NOT LISTED FOR SALE

Estimated Value: $464,775

2 Beds
2 Baths
1,072 Sq Ft
5 Acre Lot

Sale Details

Date Sold: September 15, 2021

Last sale price $410,000 $382 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,580 / mo

4 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Home fronts a pond
  • Destin Elementary School Rated A-
  • Fitness Center
  • Primary Bedroom Suite

About This Home

As of September 2021

This beautiful vacation condominium is in the Terrace at Pelican Beach, part of the private Resorts of Pelican Beach condominium complex. The condominium's private balcony offers a gulf-side view overlooking a private lake and long view to the Gulf of Mexico giving the feeling of being right on the beach. The Terrace allows easy access to the beach via a private beach walkway. You have the option to walk to good restaurants, attractions and entertainment to be found in the Central Destin area. The condominium sleeps a maximum of 6 people and offers a wonderful sense of space to gather everyone together.

Last Agent to Sell the Property

ecn.rets.e21859

ecn.rets.RETS_OFFICE Listed on: 08/22/2021

Co-Listed By

Judith Nicholson

On The Coast Real Estate Group

Last Buyer's Agent

Polakoff Group

Scenic Sotheby's International Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1999

Lot Details

HOA Fees

  • $534 Monthly HOA Fees

Interior Spaces

  • 1,072 Sq Ft Home
  • Furnished
  • Dining Area

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Guest Parking

Outdoor Features

  • Deeded access to the beach
  • Pond
  • Balcony

Schools

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

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2500-0000-0705

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, land recreation, legal, licenses/permits, management, recreational faclty, security, sewer, water, cable TV, trash
  • 16 Buildings
  • 16 Units
  • The Terrace At Pelican Beach Subdivision

Amenities

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

Recreation

  • Beach
  • Exercise Course
  • Community Whirlpool Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1999

Lot Details

5 Acres

HOA Fees

$534 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EOTC
  • Co List Office Phone: 850-830-0787
  • Subdivision Name: The Terrace At Pelican Beach
  • Directions: From Hwy 98 turn south into Pelican Beach Resorts. After entering through the guard gate, Terrace is located on your right
  • Architectural Style: N/A
  • Carport Y N: Yes
  • New Construction: No
  • Year Built: 1999
  • Remarks Misc:Remarks: This beautiful vacation condominium is in the Terrace at Pelican Beach, part of the private Resorts of Pelican Beach condominium complex. The condominium's private balcony offers a gulf-side view overlooking a private lake and long view to the Gulf of Mexico giving the feeling of being right on the beach. The Terrace allows easy access to the beach via a private beach walkway. You have the option to walk to good restaurants, attractions and entertainment to be found in the Central Destin area. The condominium sleeps a maximum of 6 people and offers a wonderful sense of space to gather everyone together.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Dining Area: Yes
  • Waterfront:Pond: Yes
  • Waterview:Pond2: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 16
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Furnished - All, Owner's Closet, Pantry, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Furnished - All: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Pond
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Guest
  • General Property Info:Garage2: No
  • Parking Features:Guest: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Community Sewer, Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Game Room, Gated Community, Pool, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 534.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 00-2S-22-2500-0000-0705
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 16

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
Aug 22, 2021
Closed on
Sep 15, 2021
Sold by
Good Michael Whitney and Good Gwendolyn J
Bought by
Seller's Agent
ecn.rets.e21859
ecn.rets.RETS_OFFICE
Buyer's Agent
Polakoff Group
Scenic Sotheby's International Realty
List Price
$410,000
Sold Price
$410,000
Current Estimated Value
$464,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,775
Avg. Annual Appreciation
2.53%

Purchase Details

Closed on
Dec 27, 2018
Sold by
Schaaf Norman Charles and Schaaf Cynthia Louise
Bought by
Good Michael Whitney and Good Gwendolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2015
Sold by
Carman Heather L and Carman Brian P
Bought by
Schaaf Norman Charles and Schaaf Cynthia Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2011
Sold by
Kelsey Leonard D and Kelsey Jacqueline P
Bought by
Carman Heather L and Carman Brian P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2004
Sold by
Patterson Charles and Patterson Deborah
Bought by
Kelsey Leonard D and Kelsey Jaqueline P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.73%
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

Agents Specializing in Destin, FL

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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
$410,000 Mcneese Title Llc
Good Michael Whitney $302,500 H & S Title & Escrow Inc
Schaaf Norman Charles $242,000 Aqua Title Services
Carman Heather L $180,000 Palm Title Services Inc
Kelsey Leonard D $499,000 --
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
Previous Owner $242,000
Previous Owner Schaaf Norman Charles $162,000
Previous Owner Carman Heather L $135,000
Previous Owner Kelsey Leonard D $333,700
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
09/15/2021 09/15/21 Sold $410,000 0.0% $382 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
08/22/2021 08/22/21 For Sale $410,000 -- $382 / 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 $5,063 $427,500 $427,500
2024 $4,708 $427,500 $427,500
2023 $4,708 $427,500 $0 $427,500
2022 $4,007 $332,500 $0 $332,500
2021 $3,136 $252,500 $0 $252,500
2020 $3,034 $242,500 $0 $242,500
2019 $2,949 $232,500 $0 $232,500
2018 $2,600 $202,500 $0 $0
2017 $2,568 $196,500 $0 $0
2016 $2,552 $196,500 $0 $0
2015 $2,510 $189,500 $0 $0
2014 $2,333 $174,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 880044

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2500-0000-0705

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