NOT LISTED FOR SALE

128 Mystic Cobalt St Santa Rosa Beach, FL 32459

WaterColor Neighborhood

Estimated Value: $2,403,000 - $3,121,000

3 Beds
3 Baths
2,516 Sq Ft
$1,109/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $2,095,000 $833 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $16,916/month

132 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Beach House
  • Dune Lakes Elementary School Rated A-
  • Fishing
  • Wood Flooring

About This Home

As of March 2021

Luxury Watercolor Home only steps to the Beach in Phase 1. Recently Renovated and Professionally designed, Sleeps 12 people - a Top Rental Performer with projections of approx. $100,000. Two Master Suites, with a Master on the Main floor. Home has a Garage with plenty of storage, which is rare for Phase 1 and it has a Fireplace. Home is a short walk to the Beach, Town Center, Seaside, Watercolor Beach Club and the Boathouse. Home is rental ready and sold furnished.
There are screened porches on the front and back of the home for entertaining or relaxing. It has been professionally updated with fresh paint throughout and there are beautiful gas lanterns on the front. There is a new tankless water heater and new HVAC system.

Last Agent to Sell the Property

30A Dream Team

Corcoran Reverie SRB Listed on: 10/02/2020

Last Buyer's Agent

Sara Reese

The Premier Property Group Watercolor Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,162

Year Built

  • Built in 2004

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 101
  • Property fronts a private road

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 2,516 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Woodwork
  • Crown Molding
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Schools

  • Dune Lakes Elementary School
  • Seaside 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-19-25402-000-0210

Community Details

Overview

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

Amenities

  • Community Barbecue Grill

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,162

Year Built

Built in 2004

Lot Details

0

HOA Fees

$530 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Lot Size: 40 X 101
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: Within the arc of Western Lake Drive, Mystic Cobalt is located between the two sections which are the principal thoroughfare of WaterColor.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2004
  • 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
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Double, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Stove/Oven Gas, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Owner's Closet, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Fireplace Gas: Yes
  • Appliances:Oven Double: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Porch Screened
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Porch Screened: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • General Property Info:Garage2: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Dock, Fishing, Pets Allowed, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1590.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

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

Schools

  • Elementary School: Dune Lakes
  • High School: South Walton
  • Middle Or Junior School: Seaside

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Parcel #: 15-3S-19-25402-000-0210
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12161.7
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Mar 25, 2021
Sold by
Holmes David G
Bought by
Gross Stephen M and Gross Maureen K
Seller's Agent
30A Dream Team
Corcoran Reverie SRB
Buyer's Agent
Sara Reese
The Premier Property Group Watercolor Office
List Price
$2,095,000
Sold Price
$2,095,000
Current Estimated Value
$2,789,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$694,188
Avg. Annual Appreciation
6.66%
Original Mortgage
$1,571,250
Outstanding Balance
$1,415,591
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$1,378,869

Purchase Details

Listed on
Jul 13, 2018
Closed on
Dec 18, 2018
Sold by
Honaker Eliot and Honaker Sarah
Bought by
Holmes David G
Seller's Agent
John Martin Group
EXP Realty LLC
Buyer's Agent
Robert Weil
Berkshire Hathaway HomeServices
List Price
$1,425,000
Sold Price
$1,425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.50%
Original Mortgage
$1,000,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 28, 2014
Closed on
Aug 11, 2015
Sold by
Sather Janine L and Sather Charles D
Bought by
Honaker Eliot and Honaker Sarah
Seller's Agent
Ann Mosely
Berkshire Hathaway HomeServices
Buyer's Agent
John Martin
Berkshire Hathaway HomeServices
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$1,000,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 25, 2005
Sold by
C & C Acquisitions Group Inc
Bought by
The Janine L Sather Living Trust

Purchase Details

Closed on
Aug 6, 2003
Sold by
Sweet Home Builders & Remodeling Inc
Bought by
C & C Acquisition Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,500
Interest Rate
6%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 28, 2001
Sold by
St Joe Arvida Home Building Lp
Bought by
Sweet Homebuilders & Remodeling Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
6.62%
Mortgage Type
Construction
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
Gross Stephen M $2,095,000 Attorney
Gross Stephen M $2,095,000 None Listed On Document
Holmes David G $1,425,000 Shoreline Title Llc
Honaker Eliot $1,250,000 Attorney
The Janine L Sather Living Trust $1,112,200 Mcneese Title Llc
C & C Acquisition Group Inc $362,000 Sunbelt Title Agency
Sweet Homebuilders & Remodeling Inc $220,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gross Stephen M $1,571,250
Closed Gross Stephen M $1,571,250
Previous Owner Holmes David G $911,400
Previous Owner Holmes David G $1,000,000
Previous Owner Honaker Eliot $998,000
Previous Owner Honaker Eliot $1,000,000
Previous Owner C & C Acquisition Group Inc $742,500
Previous Owner Sweet Homebuilders & Remodeling Inc $552,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2024 08/18/24 Off Market $1,425,000 -- --
03/25/2021 03/25/21 Sold $2,095,000 0.0% $833 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
10/02/2020 10/02/20 For Sale $2,095,000 +47.0% $833 / Sq Ft
12/18/2018 12/18/18 Sold $1,425,000 0.0% $495 / Sq Ft
11/03/2018 11/03/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $1,425,000 +14.0% $495 / Sq Ft
08/11/2015 08/11/15 Sold $1,250,000 0.0% $434 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
02/28/2014 02/28/14 For Sale $1,250,000 -- $434 / 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 $18,786 $2,094,467 $800,000 $1,294,467
2023 $18,786 $2,030,238 $0 $0
2022 $17,105 $1,845,671 $683,817 $1,161,854
2021 $12,740 $1,316,175 $598,108 $718,067
2020 $12,365 $1,238,661 $547,193 $691,468
2019 $12,162 $1,224,618 $531,256 $693,362
2018 $11,951 $1,198,579 $0 $0
2017 $11,764 $1,186,923 $500,760 $686,163
2016 $11,534 $1,152,627 $0 $0
2015 $11,187 $1,112,175 $0 $0
2014 -- $1,012,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • 3

    Seller's Agent in 2021

    30A Dream Team

    Corcoran Reverie SRB

  • S

    Buyer's Agent in 2021

    Sara Reese

    The Premier Property Group Watercolor Office

  • J

    Seller's Agent in 2018

    John Martin Group

    EXP Realty LLC

    (850) 714-3731

    20 in this area

    99 Total Sales

    John Martin Group
    Section Image

  • R

    Buyer's Agent in 2018

    Robert Weil

    Berkshire Hathaway HomeServices

  • Ann Mosely

    Seller's Agent in 2015

    Ann Mosely

    Berkshire Hathaway HomeServices

    (850) 830-2574

    7 in this area

    44 Total Sales

    Ann Mosely
    Section Image

  • J

    Buyer's Agent in 2015

    John Martin

    Berkshire Hathaway HomeServices

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 856502

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25402-000-0210

Florida Walton County Santa Rosa Beach 32459 WaterColor

128 Mystic Cobalt St, Santa Rosa Beach, FL

This home is located at 128 Mystic Cobalt St, Santa Rosa Beach, FL 32459 since 02 October 2020 and is currently estimated at $2,789,188, approximately $1,108 per square foot. This property was built in 2004. 128 Mystic Cobalt St 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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