NOT LISTED FOR SALE

Estimated Value: $4,348,000 - $5,095,000

5 Beds
6.5 Baths
4,430 Sq Ft
$1,075/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $3,075,000 $694 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $29,398/month

96 Days on Market

Highlights

  • Beach
  • Heated Pool
  • Vaulted Ceiling
  • Bay Elementary School Rated A-
  • Maid or Guest Quarters
  • Beach House

About This Home

As of March 2021

Classic Southern charm exudes from this luxurious coastal residence nestled on a corner lot in Phase III of the WaterColor community. With over 4,400 square feet, a four bedroom main house with bunkroom, a one bedroom carriage house, multiple porches and outdoor living spaces plus a private dipping pool, this home is a perfect vacation retreat. Incredible finishes throughout include crown molding, reclaimed antique hardwood floors, shiplap walls, exposed wood beams, marble countertops, French soaking tubs, top of the line appliances and much more. Design features include abundant natural light, dual master suites, open concept living and dining, a secondary upstairs living area with additional built-in bunks and expansive wraparound covered porches. Located on 499 acres in the renowne

Last Agent to Sell the Property

Karen Holder

EXP Realty LLC License #3204689 Listed on: 10/28/2020

EXP Realty LLC

Last Buyer's Agent

Chris Abbott Group

Scenic Sotheby's International Realty License #BK3078996

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,265

Year Built

  • Built in 2014

Lot Details

  • Lot Dimensions are 63x110x50x110
  • Back Yard Fenced
  • Sprinkler System

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Beach House
  • Metal Roof
  • Wood Trim
  • Cement Board or Planked

Interior Spaces

  • 4,430 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Beamed Ceilings
  • Vaulted Ceiling
  • Living Room
  • Dining Area
  • Wood Flooring
  • Exterior Washer Dryer Hookup

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Range Hood
  • Microwave
  • Ice Maker
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Heated Pool
  • Balcony

Schools

  • Bay Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25420-000-0220

Community Details

Overview

  • Watercolor Subdivision

Amenities

  • Picnic Area
  • Community Pavilion

Recreation

  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Whirlpool Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,265

Year Built

Built in 2014

Lot Details

0

HOA Fees

$530 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 63x110x50x110
  • Subdivision Name: WATERCOLOR
  • Directions: From Hwy 395 (Publix) enterWatercolor at light. At stop sign turn right onto W Lake Forest Dr, Turn left on Needlerush thenTurn left on Scrub Oak. Home will be the last one on right before curve
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2014
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Disposal, Microwave, Range Hood, Refrigerator W/IceMk
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Raised, Floor Hardwood, Owner's Closet, Pantry, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Ceiling Beamed: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd, Trim Wood
  • Exterior Features: Balcony, Fenced Back Yard, Guest Quarters, Pool - Heated, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Exterior:Guest Quarters: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes

Utilities

  • Cooling: 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, Exercise Room, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 1590.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25420-000-0220
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17264.81
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Mar 22, 2021
Sold by
Eidman Watercolor Llc
Bought by
118 Scrub Oak Owner Llc
Seller's Agent
Karen Holder
EXP Realty LLC
Buyer's Agent
Chris Abbott Group
Scenic Sotheby's International Realty
List Price
$3,075,000
Sold Price
$3,075,000
Current Estimated Value
$4,761,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,686,184
Avg. Annual Appreciation
10.30%
Original Mortgage
$2,456,000
Outstanding Balance
$1,161,166
Interest Rate
2.73%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$3,580,894

Purchase Details

Listed on
Jun 22, 2020
Closed on
Jul 10, 2020
Sold by
118 Scrub Oak Llc
Bought by
Eidman Watercolor Llc
Seller's Agent
Harman, Jones, Sullivan
Berkshire Hathaway HomeServices
Buyer's Agent
Karen Holder
The Beach Group Properties LLC
List Price
$2,800,000
Sold Price
$2,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.54%

Purchase Details

Listed on
Feb 27, 2017
Closed on
Mar 22, 2017
Sold by
Kala Emerald Coast Properties Llc
Bought by
118 Scrub Oak Llc
Seller's Agent
Sterling Rainer
Berkshire Hathaway HomeServices
Buyer's Agent
John Sullivan
Scenic Sotheby's International Realty
List Price
$2,400,000
Sold Price
$2,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%

Purchase Details

Listed on
Aug 3, 2015
Closed on
Oct 6, 2015
Sold by
Gutkin Maggie
Bought by
Kala Emerald Coast Properties Llc
Seller's Agent
Matthew Mcguire
Scenic Sotheby's International Realty
Buyer's Agent
Matthew Mcguire
Scenic Sotheby's International Realty
List Price
$2,080,000
Sold Price
$2,080,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.30%

Purchase Details

Listed on
Aug 3, 2015
Closed on
Sep 25, 2015
Sold by
Gutkin Lawrence M
Bought by
Gutkin Maggie
Seller's Agent
Matthew Mcguire
Scenic Sotheby's International Realty
Buyer's Agent
Matthew Mcguire
Scenic Sotheby's International Realty
List Price
$2,080,000
Sold Price
$2,080,000

Purchase Details

Closed on
May 22, 2013
Sold by
Gutkin Maggie
Bought by
Gutkin Lawrence M and Gutkin Maggie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,000
Interest Rate
3.37%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 14, 2005
Sold by
Uhlfelder Daniel W and Uhlfelder Steven J
Bought by
Gutkin Maggie

Purchase Details

Closed on
Sep 10, 2004
Sold by
Williams M M
Bought by
Uhlfelder Daniel W and Uhlfelder Steven J

Purchase Details

Closed on
Mar 5, 2004
Sold by
St Joe Arvida Home Building Lp
Bought by
Williams M M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
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
118 Scrub Oak Owner Llc $3,075,000 Limestone T&E Llc
Eidman Watercolor Llc $2,800,000 Mcneese Title Llc
118 Scrub Oak Llc $2,400,000 None Available
Kala Emerald Coast Properties Llc $2,080,000 Attorney
Gutkin Maggie $1,052,500 Attorney
Gutkin Lawrence M -- Attorney
Gutkin Maggie -- Attorney
Gutkin Maggie $750,000 Surety Land Title Of Florida
Uhlfelder Daniel W $645,000 Surety Land Title Of Fl Llc
Williams M M $326,500 Residential Cmnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 118 Scrub Oak Owner Llc $2,456,000
Previous Owner Gutkin Lawrence M $999,000
Previous Owner Williams M M $261,000
Closed Williams Mark M $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Off Market $3,075,000 -- --
03/23/2021 03/23/21 Sold $3,075,000 0.0% $694 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
10/28/2020 10/28/20 For Sale $3,075,000 +9.8% $694 / Sq Ft
07/14/2020 07/14/20 Sold $2,800,000 0.0% $632 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $2,800,000 +34.6% $632 / Sq Ft
06/23/2019 06/23/19 Off Market $2,080,000 -- --
06/23/2019 06/23/19 Off Market $2,400,000 -- --
03/22/2017 03/22/17 Sold $2,400,000 0.0% $542 / Sq Ft
02/27/2017 02/27/17 For Sale $2,400,000 +15.4% $542 / Sq Ft
02/20/2017 02/20/17 Pending -- -- --
10/06/2015 10/06/15 Sold $2,080,000 0.0% $470 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $2,080,000 -- $470 / 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 $35,114 $4,020,071 $753,636 $3,266,435
2023 $35,114 $3,698,001 $0 $0
2022 $31,155 $3,361,819 $836,536 $2,525,283
2021 $20,885 $2,157,612 $731,685 $1,425,927
2020 $17,884 $1,791,565 $669,400 $1,122,165
2019 $17,265 $1,738,476 $649,903 $1,088,573
2018 $16,859 $1,690,815 $0 $0
2017 $16,408 $1,655,477 $612,596 $1,042,881
2016 $16,103 $1,609,283 $0 $0
2015 $14,164 $1,536,819 $0 $0
2014 -- $425,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 858198

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25420-000-0220