NOT LISTED FOR SALE

108 Silver Laurel Way Santa Rosa Beach, FL 32459

WaterColor Neighborhood

Estimated Value: $2,307,414 - $2,688,000

3 Beds
3 Baths
2,152 Sq Ft
$1,152/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $1,385,000 $644 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $15,214/month

222 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Fishing
  • Dune Lakes Elementary School Rated A-
  • Deeded access to the beach
  • Covered Deck

About This Home

As of August 2020

This cozy 3 BR/3BA cottage is within a 5 minute walk to the WaterColor Beach Club, gulf/beach, retail shops and restaurants. Located on one of the most desireable streets in WaterColor, phase I, this home backs up to Seaside and the trail behind Seaside. With its vaulted ceilings and open areas, you won't feel closed-in here! The deep front porch invites you into this updated beach cottage with hardwood floors and udated baths and appliances. Wonderful floor plan with 2 guest bedrooms on the first floor and Master Bedroom suite on the second. Large bath wih walk-in closet and beautiful walk-in shower. Never been on a rental program but a great investment opportunity. Estimated gross rental at $75K. Easy to view.

Last Agent to Sell the Property

Linda Campbell

Watersound Real Estate License #650333 Listed on: 11/14/2019

Last Buyer's Agent

Linda Campbell

Legendary Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,424

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 50x100
  • Property fronts a private road
  • Interior Lot

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Florida Architecture
  • Off Grade Structure
  • Frame Construction
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 2,152 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Plantation Shutters
  • Great Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded access to the beach
  • Covered Deck

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25403-000-0100

Community Details

Overview

  • Association fees include internet service, master, recreational faclty, security, cable TV, trash
  • Watercolor Subdivision
  • The community has rules related to covenants

Recreation

  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,424

Year Built

Built in 2003

Lot Details

0

HOA Fees

$530 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 50x100
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: From Highway 30A turn north on Mystic Cobalt St. Take the second right onto Silver Laurel Way and the home will be on the right.
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2003
  • ResoBuildingAreaSource: Appraiser
  • 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
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Great Room: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Gas, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Ceiling Vaulted, Floor Hardwood, Floor Tile, Furnished - All, Pantry, Plantation Shutters, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Plantation Shutters: Yes

Exterior Features

  • Lot Features: Covenants, Interior, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Foundation Off Grade, Frame, Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Deck Covered, Deck Enclosed, Deck Open
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Deck Covered: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Deck Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • ConstructionSiding:Foundation Off Grade: Yes
  • Exterior:Deck Enclosed: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features: Carport
  • Parking Features:Carport3: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Dock, Exercise Room, Fishing, Pets Allowed, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1590.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Internet Service, Master Association, Recreational Faclty, Security, Cable TV, Trash

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 15-3S-19-25403-000-0100
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10423.97
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2019
Closed on
Aug 7, 2020
Sold by
Wheat Reginald D and Wheat Terry L
Bought by
B Stephens Properties Llc
Seller's Agent
Linda Campbell
Watersound Real Estate
Buyer's Agent
Linda Campbell
Legendary Realty LLC
List Price
$1,385,000
Sold Price
$1,385,000
Current Estimated Value
$2,478,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,093,854
Avg. Annual Appreciation
12.14%
Original Mortgage
$1,108,000
Outstanding Balance
$993,713
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$1,485,141

Purchase Details

Listed on
Feb 6, 2013
Closed on
Apr 1, 2013
Sold by
Trustmark National Bank
Bought by
Wheat Terry L and Wheat Reginald D
Seller's Agent
Lisa Norton
EXP Realty LLC
Buyer's Agent
Linda Campbell
Legendary Realty LLC
List Price
$915,000
Sold Price
$915,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$686,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2012
Sold by
Serenity Cottage L P
Bought by
Trustmark National Bank

Purchase Details

Closed on
Apr 28, 2006
Sold by
Ockuly Thomas C and Ockuly Lynda J
Bought by
Serenity Cottage Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2003
Sold by
Fann Terry L and Fann Lisa
Bought by
Ockuly Thomas C and Ockuly Lynda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.86%

Purchase Details

Closed on
Feb 28, 2001
Sold by
St Joe Arvida Home Building Lp
Bought by
Fann Terry L and Fann Ii Terry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
7.06%
Source: Public Records

Range of Values:

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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
B Stephens Properties Llc $1,385,000 Provident Title
Wheat Terry L $915,000 Emerald Coast Title Svcs Inc
Trustmark National Bank $932,900 Attorney
Serenity Cottage Lp $1,385,000 Southern Escrow & Title Llc
Ockuly Thomas C $829,000 Sunbelt Title Agency
Fann Terry L $250,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open B Stephens Properties Llc $1,108,000
Previous Owner Wheat Terry L $686,250
Previous Owner Serenity Cottage Lp $1,275,000
Previous Owner Ockuly Thomas C $300,000
Previous Owner Fann Terry L $624,000
Previous Owner Fann Terry L $237,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $1,385,000 0.0% $644 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
11/14/2019 11/14/19 For Sale $1,385,000 +51.4% $644 / Sq Ft
09/16/2019 09/16/19 Off Market $915,000 -- --
04/01/2013 04/01/13 Sold $915,000 0.0% $425 / Sq Ft
02/20/2013 02/20/13 Pending -- -- --
02/06/2013 02/06/13 For Sale $915,000 -- $425 / 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 $15,381 $2,022,410 $616,052 $1,406,358
2023 $15,381 $1,387,701 $0 $0
2022 $13,400 $1,651,332 $683,817 $967,515
2021 $11,101 $1,146,860 $598,108 $548,752
2020 $10,738 $1,075,677 $547,193 $528,484
2019 $10,424 $1,049,640 $531,256 $518,384
2018 $10,293 $1,032,300 $0 $0
2017 $10,110 $1,020,060 $500,760 $519,300
2016 $10,010 $1,000,312 $0 $0
2015 $9,654 $951,364 $0 $0
2014 $8,882 $861,595 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Linda Campbell

    Watersound Real Estate

    (850) 830-3173

    18 in this area

    36 Total Sales

    Linda Campbell
    Section Image

  • L

    Seller's Agent in 2013

    Lisa Norton

    EXP Realty LLC

    (850) 621-4525

    36 Total Sales

    Lisa Norton
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 835316

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25403-000-0100

Florida Walton County Santa Rosa Beach 32459 WaterColor

108 Silver Laurel Way, Santa Rosa Beach, FL

This home is located at 108 Silver Laurel Way, Santa Rosa Beach, FL 32459 since 14 November 2019 and is currently estimated at $2,478,854, approximately $1,151 per square foot. This property was built in 2003. 108 Silver Laurel Way is a home located in Walton County with nearby schools including Dune Lakes Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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