NOT LISTED FOR SALE

Estimated Value: $2,396,739 - $2,938,000

3 Beds
3.5 Baths
2,066 Sq Ft
$1,274/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $1,875,000 $908 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $16,263/month

49 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Fishing
  • Dune Lakes Elementary School Rated A-
  • Deeded access to the beach
  • 5-minute walk to Park de Leonardo de Bicci

About This Home

As of March 2021

Located in the coveted community of WaterColor, this home provides a comfortable, relaxed living space embellished in soothing tones. Additionally, you'll find an approx 1000 sq ft of outside living space complete with a bubbling fountain, privacy and screen porches ideal for entertaining and enjoying the weather. On the first floor is the living room, dining area and kitchen. Just off of the kitchen is a spacious sitting area providing the perfect ambiance for conversation, reading a book or watching TV. All three of the home's bedrooms are located on the second floor with each having a private en suite bath. The master bedroom boasts lovely shades of cream and green which provides an island feel through the exposed wood beams and private balcony. Your cozy beach home offers a short shaded walking trail to the gulf, Beach Club, Boat House and all of the top-notch amenities WaterColor has to offer.

Last Agent to Sell the Property

Marianne Grant Blake Cooper Group

Christies International Real Estate Emerald Coast Listed on: 12/12/2020

Christies International Real Estate Emerald Coast

Last Buyer's Agent

Test Test

ECN - Unknown Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,705

Year Built

  • Built in 2003

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x100x50x100
  • Property fronts a private road
  • Interior Lot
  • Cleared Lot

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • Attached Carport

Home Design

  • Florida Architecture

Interior Spaces

  • 2,066 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Recessed Lighting
  • Window Treatments
  • Sitting Room
  • Living Room
  • Dining Area
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Balcony
  • Deck

Schools

  • Van R Butler Elementary School
  • Seaside Middle School
  • South Walton High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25403-000-0120

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, legal, utilities, recreational faclty, security, services, cable TV, trash
  • Watercolor Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Elevator

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,705

Year Built

Built in 2003

Lot Details

0

HOA Fees

$530 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 50 X100X50X100
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: FROM HWY 283 TRAVEL EAST APPROX 2 MILES. TO THE ENTRANCE OF WATERCOLOR. GO STRAIGHT THROUGH FIRST STOP SIGN. TURN LEFT ON MYSTIC COBALT STREET. TURN RIGHT ON SILVER LAUREL. HOME WILL BE ON THE RIGHT.
  • Architectural Style: Florida Cottage
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2003
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Dining Area: Yes
  • Rooms:Sitting Room: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished - All
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Floor Hardwood, Floor Tile
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Raised, Kitchen Island, Lighting Recessed, Pantry
  • Window Features: Window Treatment All
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Built-In Bookcases: Yes

Exterior Features

  • Lot Features: Cleared, Covenants, Interior, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Exterior Features: Balcony, Shower
  • Patio And Porch Features: Deck Open, Porch, Porch Screened
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • Exterior:Balcony: Yes
  • Lot Features:Cleared: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Shower: Yes
  • Exterior:Porch Screened: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport Attached
  • General Property Info:Garage2: No
  • Parking Features:Carport Attached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Natural, Phone, Public Water, Tap Fee Paid, TV Cable, Other
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Dock, Dumpster, Elevators, Exercise Room, Fishing, Pets Allowed, Picnic Area, 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, Internet Service, Legal, Other Utilities, Recreational Faclty, Security, Services, Cable TV, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 15-3S-19-25403-000-0120
  • Zoning: Resid Single Family

Tax Info

  • Tax Annual Amount: 10704.59
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2020
Closed on
Mar 17, 2021
Sold by
Sea Oats Investments Company Llc
Bought by
Pearson Bradley I
Seller's Agent
Marianne Grant Blake Cooper Group
Christies International Real Estate Emerald Coast
Buyer's Agent
Test Test
ECN - Unknown Office
List Price
$1,875,000
Sold Price
$1,875,000
Current Estimated Value
$2,631,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$756,435
Avg. Annual Appreciation
7.86%
Original Mortgage
$125,000
Outstanding Balance
$112,562
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,518,873

Purchase Details

Closed on
Mar 14, 2013
Sold by
Barlow Karla and Perrotta Donald
Bought by
Sea Oats Investments Co Llc

Purchase Details

Closed on
Nov 22, 2002
Sold by
Larichiuta Christopher A
Bought by
Perrotta Donald J and Barlow Karla S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,500
Interest Rate
7.37%

Purchase Details

Closed on
Jun 29, 2001
Sold by
St Joe Arvida Home Building Lp
Bought by
Larichiuta Christopher A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.23%
Source: Public Records

Range of Values:

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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
Pearson Bradley I $1,875,000 Shoreline Title Llc
Sea Oats Investments Co Llc -- None Available
Perrotta Donald J $570,000 --
Larichiuta Christopher A $250,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Bradley I $125,000
Previous Owner Perrotta Donald J $1,000,000
Previous Owner Perrotta Donald J $587,500
Previous Owner Larichiuta Christopher A $105,000
Previous Owner Larichiuta Christopher A $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $1,875,000 0.0% $908 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
12/12/2020 12/12/20 For Sale $1,875,000 -- $908 / 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 $18,074 $2,100,782 $616,052 $1,484,730
2023 $18,074 $1,875,078 $0 $0
2022 $15,797 $1,704,616 $683,817 $1,020,799
2021 $11,391 $1,176,809 $598,108 $578,701
2020 $11,026 $1,104,502 $547,193 $557,309
2019 $10,705 $1,077,896 $531,256 $546,640
2018 $10,574 $1,060,450 $0 $0
2017 $10,391 $1,048,372 $500,760 $547,612
2016 $10,293 $1,028,590 $0 $0
2015 $9,948 $978,673 $0 $0
2014 -- $889,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 860070

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25403-000-0120