NOT LISTED FOR SALE

Estimated Value: $4,131,000 - $4,581,000

0.15 Acre
$28,766,513 Price per Acre
6,534 Sq Ft Lot

Last Sold September 28, 2015

Last sale price $765,000

Est. 464% increase in value since last sale

Current estimated payment $25,389/month

2 Days on Market

Highlights

  • Beach
  • Gulf View
  • Corner Lot
  • Dune Lakes Elementary School Rated A-
  • Gated Community
  • Community Pool

About This Lot

As of September 2015

Very large corner lot in WaterSound Beach. This is one of the larger lots in WaterSound Beach and the previous owner had designed a large ''U'' shaped home with swimming pool and tower. Acclaimed architecture firm TS Adams completed the plans. Some large trees on the lot may be saved during construction. Perfect opportunity to build the home of your dreams is the most desirable of the WaterSound neighborhoods. Should have gulf views from future tower.

Last Agent to Sell the Property

Ron Romano

The Beach Group Properties LLC License #3068257 Listed on: 09/11/2015

Last Buyer's Agent

Andy & Christina Meinen

Scenic Sotheby's International Realty

Scenic Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,231

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 80 x 116 x 60 x 115
  • Property fronts a private road
  • Corner Lot
  • Interior Lot

HOA Fees

  • $370 Monthly HOA Fees

Property Views

  • Gulf
  • Lake

Schools

  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20-3S-18-16012-000-0140

Community Details

Overview

  • Association fees include ground keeping, management, master, recreational faclty, security, cable TV, trash
  • Watersound Beach Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Community Playground
  • Community Pool

Additional Features

  • Recreation Room
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$3,231

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.15
  • Lot Size: 80 x 116 x 60 x 115
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved Road
  • Subdivision Name: WATERSOUND BEACH
  • Directions: Enter WaterSound Beach, Beaches through main gate, 2nd right onto Yacht Pond, lot is on the NW corner of Yacht Pond and Boat Wright.
  • Remarks Misc:Remarks: Very large corner lot in WaterSound Beach. This is one of the larger lots in WaterSound Beach and the previous owner had designed a large ''U'' shaped home with swimming pool and tower. Acclaimed architecture firm TS Adams completed the plans. Some large trees on the lot may be saved during construction. Perfect opportunity to build the home of your dreams is the most desirable of the WaterSound neighborhoods. Should have gulf views from future tower.
  • Utilities Electric: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Public Sewer: Yes
  • Waterview:Gulf2: Yes
  • Waterview:Lake2: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Corner, Covenants, Interior, Within 1/2 Mile to Water
  • View: Lake, Gulf
  • Lot Features:Within 12 Mile to Water: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Corner: Yes

Utilities

  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Sewer Available, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Exercise Room, Gated Community, Pets Allowed, Playground, Pool, TV Cable, Waterfront
  • Association #2 Fee: 1110.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Management, Master Association, Recreational Faclty, Security, Cable TV, Trash

Schools

  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 20-3S-18-16012-000-0140
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3231.2
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2023
Sold by
Callahan Mark A and Callahan Lisa R
Bought by
Mark And Lisa Callahan Living Trust
Current Estimated Value
$4,314,977

Purchase Details

Listed on
Sep 11, 2015
Closed on
Sep 28, 2015
Sold by
Cover Jerry L and Cover Sharlet D
Bought by
Callahan Lisa R and Callahan Mark A
Seller's Agent
Ron Romano
The Beach Group Properties LLC
Buyer's Agent
Andy & Christina Meinen
Scenic Sotheby's International Realty
List Price
$765,000
Sold Price
$765,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.41%

Purchase Details

Closed on
May 5, 2011
Sold by
Lessner George D and Lessner Sybil A
Bought by
Cover Jerry L and Cover Sharlet D

Purchase Details

Closed on
Nov 19, 2008
Sold by
Bank Of America Na
Bought by
Lessner George D and Lessner Sybil A

Purchase Details

Closed on
Jul 14, 2005
Sold by
Levitt Howard and Levitt Pamela
Bought by
Laurel River Properties Inc

Purchase Details

Closed on
Jan 29, 2004
Sold by
St Joe Arvida Home Building Lp
Bought by
Levitt Howard and Levitt Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.81%
Mortgage Type
Unknown
Source: Public Records

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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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
Mark And Lisa Callahan Living Trust $100 None Listed On Document
Mark And Lisa Callahan Living Trust $100 None Listed On Document
Callahan Lisa R $765,000 Attorney
Cover Jerry L $180,000 Mcneese Title Llc
Lessner George D $225,000 Southern Escrow & Title Llc
Laurel River Properties Inc $930,000 Neighborhood Title Group
Levitt Howard $356,500 Residential Cmnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Levitt Howard $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2015 09/28/15 Sold $765,000 0.0% --
09/13/2015 09/13/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $765,000 -- --
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
2025 $28,131 $3,151,887 -- --
2024 $26,674 $3,063,058 -- --
2023 $26,674 $2,973,843 $0 $0
2022 $26,403 $3,074,419 $1,041,171 $2,033,248
2021 $20,986 $2,168,081 $728,537 $1,439,544
2020 $20,134 $2,016,981 $605,927 $1,411,054
2019 $5,842 $588,279 $588,279 $0
2018 $5,695 $571,144 $0 $0
2017 $5,501 $555,009 $555,009 $0
2016 $5,086 $508,250 $0 $0
2015 $3,678 $475,000 $0 $0
2014 $3,231 $400,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 738054

Emerald Coast Association of REALTORS®

APN: 20-3S-18-16012-000-0140