NOT LISTED FOR SALE

120 New Providence Ln Inlet Beach, FL 32413

Estimated Value: $5,243,000 - $6,017,000

5 Beds
5 Baths
2,992 Sq Ft
$1,881/Sq Ft Est. Value

Last Sold February 13, 2015

Last sale price $2,325,000 $777 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $34,152/month

326 Days on Market

Highlights

  • Beach
  • Gulf View
  • Wood Flooring
  • Bay Elementary School Rated A-
  • Beach House
  • Main Floor Primary Bedroom

About This Home

As of February 2015

This CUSTOM home is in the PERFECT LOCATION! It is just 3 homes off the BEACH on a BOARDWALK, on a dead-end street, but still parallels ROSEMARY AVENUE and is steps to MAIN STREET and the WESTERN GREEN. There are NO STREETS TO CROSS to get to the BEACH!Enter the front door from the BOARDWALK TO THE BEACH into a foyer where you notice that the interior of this home is almost ALL WOOD from the PECKY CYPRESS CEILINGS, PINE WALLS and RECLAIMED WOOD FLOORS. The first level has travertine floors that are durable and easy to handle the sand's wear & tear. The MASTER SUITE is on the FIRST FLOOR and is adjacent to a PRIVATE COURTYARD between the main home and the CARRIAGE HOUSE above the 2 CAR GARAGE. There are so many details and FABULOUS FIXTURES & UPGRADES throughout the home! The MASTER BATH has DUAL MARBLE VESSELS on vanities with CUSTOM CONTEMPORARY COPPER FIXTURES, an ORIENTAL SOAKING TUB, separate TRAVERTINE WALK-IN SHOWER with bench, WALK-IN CLOSET. The Laundry room has MIELE washer & dryer and is in the hallway, which is lined with storage closets. There is another bedroom on the first floor with built in single beds and an en suite bath. A beautiful CIRCULAR STAIRCASE with floor-to-ceiling windows to the LIVING area containing dining, kitchen & Living spaces. The dining space has an ice maker and wine refrigerator adjacent and a private balcony so you can watch the activity on Water Street & Main Street. The GOURMET KITCHEN is so fabulous! It has a COPPER breakfast bar overlooking a GRANITE CHOPPING STATION with sink adjacent to a WOLF 6 BURNER gas range and a GAGGENAU steamer. 2 Wooden front SUB-ZERO REFRIGERATORS anchor the wall where a WALK-IN PANTRY is discreetly hidden. A MIELE dishwasher and built-in coffee station add to the list that make this kitchen a CHEF'S DREAM. The Living room has double French doors that open onto a SHUTTERED PORCH that overlooks the BEACH BOARDWALK so it can be opened up to let the GULF BREEZES blow through. The 3rd floor of the home has BUILT-IN BUNKS, one double and one single, with storage underneath. There is a bedroom with en suite bath that has a wonderful SOAKING TUB. A BONUS OFFICE/NANNY'S room has built-in workspace and a PRIVATE BALCONY with BOARDWALK GULF VIEWS. All of this, and then there's the CARRIAGE HOUSE across the courtyard, above the 2 CAR GARAGE. A SEPARATE BEDROOM has access to a wrap-around porch so you can see what's going on in ''town'' or see the GULF. The kitchen is stainless and has the same upgraded appliances that the main house features. The Living area has a sleeper sofa to maximize sleeping capacity. A beautiful wooden CIRCULAR STAIRCASE leads to 'KID HEAVEN' where there's lots of room to play and 3 built-in bunks. This will be a GREAT RENTAL PROPERTY and the carriage house can sleep 6+.

Last Agent to Sell the Property

Linda Miller

Linda Miller Real Estate LLC License #3444332 Listed on: 02/24/2014

Last Buyer's Agent

Tom Fitzpatrick

Scenic Sotheby's International Realty License #3087176

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,974

Year Built

  • Built in 2005

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 80x36
  • Property fronts a private road
  • Cul-De-Sac
  • Street terminates at a dead end
  • Level Lot

HOA Fees

  • $317 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Beach House
  • Shingle Roof

Interior Spaces

  • 2,992 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Built-in Bookshelves
  • Window Treatments
  • Living Room
  • Dining Area
  • Wood Flooring
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Range Hood
  • <<microwave>>
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 5 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 35-3S-18-16068-024-0080

Community Details

Overview

  • Rosemary Beach Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,974

Year Built

Built in 2005

Lot Details

0

HOA Fees

$317 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Lot Size: 80X36
  • Road Frontage Type: Private Road
  • Subdivision Name: ROSEMARY BEACH
  • Directions: From Scenic Hwy 30A turn South on Main Street and go to the end, turn right onto W Water St. Home is located on the South corner of W. Water and New Providence
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2005
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Dining Area: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Stove/Oven Gas, Washer, Wine Refrigerator
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Floor Hardwood, Furnished - Some, Window Treatment All
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Built-In Bookcases: Yes

Exterior Features

  • Lot Features: Covenants, Cul-De-Sac, Dead End, Level, Restrictions
  • View: Gulf
  • Construction Type: Roof Shingle/Shake
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof ShingleShake: Yes
  • Lot Features:Dead End: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Detached
  • Parking Features:Garage Detached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Beach, Tennis
  • Association #2 Fee: 950.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 3049.2
  • Parcel #: 35-3S-18-16068-024-0080
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2014
Closed on
Feb 12, 2015
Sold by
Colberg Alan B and Colberg Chi C
Bought by
Flory Dean Richard Nils and Flory Dean Susan
Seller's Agent
Linda Miller
Linda Miller Real Estate LLC
Buyer's Agent
Tom Fitzpatrick
Scenic Sotheby's International Realty
List Price
$2,325,000
Sold Price
$2,325,000
Current Estimated Value
$5,628,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,303,820
Avg. Annual Appreciation
8.86%
Original Mortgage
$1,462,500
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 27, 2001
Sold by
Rosemary Beach Land Company
Bought by
Colberg Alan B and Colberg Chi C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Interest Rate
6.89%
Source: Public Records

Range of Values:

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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
Flory Dean Richard Nils $2,325,000 Attorney
Colberg Alan B $560,000 Acquire Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dean Richard Nils $1,462,500
Closed Flory Dean Richard Nils $1,462,500
Previous Owner Colberg Alan B $1,500,000
Previous Owner Colberg Alan B $500,000
Previous Owner Colberg Alan B $1,425,000
Previous Owner Colberg Alan B $2,028,500
Previous Owner Colberg Alan B $768,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2020 02/13/20 Off Market $2,325,000 -- --
02/13/2015 02/13/15 Sold $2,325,000 0.0% $777 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
02/24/2014 02/24/14 For Sale $2,325,000 -- $777 / 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 $32,974 $4,433,635 $1,800,000 $2,633,635
2023 $32,974 $3,098,039 $0 $0
2022 $29,254 $3,535,620 $1,378,638 $2,156,982
2021 $24,784 $2,560,363 $1,148,419 $1,411,944
2020 $24,158 $2,420,107 $1,050,659 $1,369,448
2019 $23,562 $2,372,568 $1,020,058 $1,352,510
2018 $23,003 $2,306,970 $0 $0
2017 $22,069 $2,285,269 $962,368 $1,322,901
2016 $19,691 $1,967,819 $0 $0
2015 $18,200 $1,828,754 $0 $0
2014 $16,908 $1,684,939 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 612576

Emerald Coast Association of REALTORS®

APN: 35-3S-18-16068-024-0080