NOT LISTED FOR SALE

Estimated Value: $4,886,000 - $5,810,670

0 Acre
-- Price per Acre
0 Sq Ft Lot

Last Sold May 04, 2012

Last sale price $750,000

Est. 632% increase in value since last sale

Current estimated payment $32,387/month

219 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Fishing
  • Dune Lakes Elementary School Rated A-
  • Beach
  • Community Pool

About This Lot

As of May 2012

One of a kind LAKE FRONT in WATERCOLOR!!! This incredible waterfront lot is located in the front of Phase III of Watercolor! Close to the pedestrian footbridge leading into Phase I of WaterColor, the Phase IV pool and the Baithouse pool! Enjoy the privacy, size & views of this lot and close proximity to the bike & walking trail natural area. This lot will accomodate a large WaterColor home with expansive outdoor space! Enjoy all of the amenities Watercolor has to offer including the WaterColor Beach Club, WaterColor Boathouse and Western Lake activities, multiple community pools, shopping, restaurants, and more!

Last Agent to Sell the Property

Andy Wiggins

The Beach Group Properties LLC License #3076380 Listed on: 09/01/2011

Co-Listed By

Ron Romano

The Beach Group Properties LLC License #3068257

Last Buyer's Agent

John Sullivan

Scenic Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $37,137

Lot Details

  • Lot Dimensions are 61x110x65x110
  • Lake Front

HOA Fees

  • $303 Monthly HOA Fees

Property Views

  • Lake Views

Schools

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

Utilities

  • Water Tap Fee Is Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25422-000-0200

Community Details

Overview

  • Association fees include accounting, ground keeping, management, recreational faclty, security, trash
  • Watercolor Subdivision

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$37,137

Lot Details

0

HOA Fees

$303 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size: 61X110X65X110
  • Co List Office Mls Id: ERON
  • Co List Office Phone: 850-231-9007
  • Subdivision Name: WATERCOLOR
  • Directions: TAKE 98E TO 395S. TRAVEL SOUTH TO TRAFFIC LIGHT AND TAKE RIGHT AT LAKE FOREST INTO WATERCOLOR (ACROSS FROM PUBLIX). TAKE A RIGHT AT DEAD END ONTO W.LAKE FOREST. TRAVEL ON LAKE FOREST TO NEEDLERUSH AND
  • Utilities Electric: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Tap Fee Paid: Yes
  • Waterview:Lake2: Yes
  • Waterfront:Lake: Yes
  • Special Features: None

Exterior Features

  • View: Lake
  • Waterfront Features: Lake
  • Waterfront: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Electric, Phone, Public Water, Sewer Available, Tap Fee Paid, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Dock, Exercise Room, Fishing, Playground, Pool, Tennis, TV Cable, Owners Pets Allowed
  • Association #2 Fee: 909.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management, Recreational Faclty, Security, Trash

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25422-000-0200
  • Zoning: Resid Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2011
Closed on
May 2, 2012
Sold by
Callaway William E and Callaway Karen R
Bought by
Brown Jacqueline A
Seller's Agent
Andy Wiggins
The Beach Group Properties LLC
Buyer's Agent
John Sullivan
Scenic Sotheby's International Realty
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$5,489,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,739,418
Avg. Annual Appreciation
16.32%

Purchase Details

Closed on
Jun 18, 2004
Sold by
St Joe Arvida Home Building Lp
Bought by
Callaway William E and Callaway Karen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$793,284
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Brown Jacqueline A $750,000 Watson Sewell Title
Callaway William E $881,500 Residential Cmnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Callaway William E $793,284
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2012 05/04/12 Sold $750,000 0.0% --
04/07/2012 04/07/12 Pending -- -- --
09/01/2011 09/01/11 For Sale $750,000 -- --
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 $37,137 $4,536,424 $1,505,904 $3,030,520
2023 $37,137 $3,668,683 $0 $0
2022 $35,498 $4,381,947 $1,671,553 $2,710,394
2021 $29,386 $3,039,879 $1,462,042 $1,577,837
2020 $27,515 $2,756,335 $1,337,585 $1,418,750
2019 $26,567 $2,675,140 $1,298,626 $1,376,514
2018 $25,806 $2,588,062 $0 $0
2017 $24,290 $2,543,159 $1,224,080 $1,319,079
2016 $23,110 $2,467,645 $0 $0
2015 $21,923 $2,347,998 $0 $0
2014 $20,861 $2,247,998 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 563697

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25422-000-0200