NOT LISTED FOR SALE

998 Emerald Bay Dr Destin, FL 32541

Estimated Value: $1,225,000 - $2,297,734

4 Beds
4 Baths
3,842 Sq Ft
$495/Sq Ft Est. Value

Last Sold June 17, 2015

Last sale price $1,395,000 $363 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $11,580/month

Highlights

  • Docks
  • Home fronts a seawall
  • In Ground Pool
  • Destin Elementary School Rated A-
  • Golf Course Community
  • Gated Community

About This Home

As of June 2015

This spectacular custom built home in the gated golfing community of Emerald Bay offers every upgrade imaginable. The formal living room overlooks the pool and bay with large open windows. Gorgeous and expansive bay views are offered from every room in the home, including the gourmet kitchen features granite counters, tons of counter space including a center island, and stainless steel appliances. The master suite on the ground floor offers bay and pool views,ceiling with recessed lighting, large master bath with granite counters and dual vanity, and a large garden tub and separate tile shower. The downstairs also offers a perfect home office. A beautiful hardwood staircase leads you to the second floor, which features three additional bedrooms, media room, and a huge balcony that is accessible from every room upstairs. The home also features a 3 car garage, swimming pool, dock on the bay perfect for fishing, and two tankless Rinnai water heaters. Emerald Bay is one of Destin's premier gated golf communities. Pool and Lawn Service included in the rent.

Last Agent to Sell the Property

Cindy Cole

Keller Williams Realty Destin License #3210066 Listed on: 06/17/2015

Keller Williams Realty Destin

Co-Listed By

Matt McGee

Livin Right Real Estate LLC License #3227750

Last Buyer's Agent

Cindy Cole

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,652

Year Built

  • Built in 2010

Lot Details

  • Lot Dimensions are 123x150x35x168
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Coastal Barrier Zone

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Frame Construction
  • Slate Roof
  • Stucco
  • Slate

Interior Spaces

  • 3,842 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Exterior Washer Dryer Hookup

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Dressing Area
  • 4 Full Bathrooms
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Bulkhead
  • Docks
  • Balcony
  • Covered Patio or Porch

Location

  • Flood Insurance May Be Required

Schools

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

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Tankless Water Heater
  • Multiple Water Heaters
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-102A-000V-0110

Community Details

Overview

  • Association fees include accounting, ground keeping, management, security
  • Emerald Bay Ph 1 B Subdivision
  • The community has rules related to covenants

Recreation

  • Golf Course Community
  • Community Pool

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,652

Year Built

Built in 2010

Lot Details

0

HOA Fees

$75 per month

Parking

3

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 123X150X35X168
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: ELIV
  • Co List Office Phone: 850-426-4136
  • Subdivision Name: EMERALD BAY PH 1-B
  • Directions: Enter Emerald Bay S/D from Hwy 98 and follow north towards the Bay until you reach 998.
  • Architectural Style: Mediterranean
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2010
  • Utilities Electric: Yes
  • Utilities:Public Water: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Waterfront:Bay: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Bonus Room: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Office2: Yes
  • Energy:Heat Pump AA Two: Yes
  • Energy:Water Heater - Two: Yes
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Floor Hardwood, Floor Tile, Floor WW Carpet, Furnished - None, Kitchen Island, Lighting Recessed, Pantry, Washer/Dryer Hookup, Window Treatmnt None, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: 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:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Appliances:Security System: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Ceiling TrayCofferd: Yes

Exterior Features

  • Lot Features: Bulkhead/Seawall, Covenants, Flood Insurance Req, Restrictions, Within 1/2 Mile to Water
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Construction Type: Frame, Roof Tile/Slate, Stucco
  • Exterior Features: Balcony, Dock, Hurricane Shutters, Patio Covered, Pool - In-Ground, Shower
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Lot Features:BulkheadSeawall: Yes
  • Lot Features:Flood Insurance Req: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Hurricane Shutters: Yes
  • Exterior:Shower: Yes
  • Exterior:Pool - In-Ground: Yes
  • ConstructionSiding:Roof TileSlate: Yes
  • Exterior:Dock: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Garage, Oversized
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Oversized: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Heat Pump A/A Two +
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Community Room, Gated Community, Golf, Pool
  • Association #2 Fee: 225.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management, Security

Schools

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

Lot Info

  • Parcel #: 00-2S-22-102A-000V-0110
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres
  • Lot Features Coastal Barrier Zone: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2018
Sold by
Feddon Sean D
Bought by
Feddon Sean D and The Sean D Feddon Revocable Tr
Current Estimated Value
$1,901,245

Purchase Details

Listed on
Jun 17, 2015
Closed on
Jun 17, 2015
Sold by
First City Holdings Llc
Bought by
Feddon Sean D
Seller's Agent
Cindy Cole
Keller Williams Realty Destin
Buyer's Agent
Cindy Cole
Scenic Sotheby's International Realty
List Price
$1,395,000
Sold Price
$1,395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%
Original Mortgage
$1,325,250
Outstanding Balance
$1,031,181
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$870,064

Purchase Details

Closed on
Dec 21, 2007
Sold by
Chauhan Chauhan Pravin Pravin and Chauhan Pravin
Bought by
Chauhan Pravin and Chauhan Bharti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,337,500
Interest Rate
6.75%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 12, 2004
Sold by
Murphree James P and Murphree Edith C
Bought by
Pravin Chauhan
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
Feddon Sean D -- Attorney
Feddon Sean D $1,395,000 Attorney
Chauhan Pravin $320,000 Title Works
Pravin Chauhan $850,000 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feddon Sean D $1,325,250
Previous Owner Chauhan Pravin $1,337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2023 04/30/23 Off Market $3,700 -- --
10/11/2020 10/11/20 Off Market $4,000 -- --
06/17/2015 06/17/15 Sold $1,395,000 0.0% $363 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $1,395,000 0.0% $363 / Sq Ft
03/31/2014 03/31/14 Rented $4,000 0.0% --
03/31/2014 03/31/14 Under Contract -- -- --
03/24/2014 03/24/14 For Rent $4,000 +8.1% --
03/01/2013 03/01/13 Rented $3,700 0.0% --
03/01/2013 03/01/13 Under Contract -- -- --
01/10/2013 01/10/13 For Rent $3,700 -- --
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 $18,652 $2,017,796 $584,294 $1,433,502
2023 $18,652 $1,986,158 $584,294 $1,401,864
2022 $16,382 $1,668,961 $505,882 $1,163,079
2021 $13,841 $1,246,682 $438,440 $808,242
2020 $13,398 $1,196,720 $418,608 $778,112
2019 $13,055 $1,148,342 $385,783 $762,559
2018 $13,059 $1,133,112 $0 $0
2017 $12,594 $1,071,523 $0 $0
2016 $11,873 $1,017,120 $0 $0
2015 $11,985 $994,850 $0 $0
2014 $11,117 $910,506 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 711516

Emerald Coast Association of REALTORS®

APN: 00-2S-22-102A-000V-0110