NOT LISTED FOR SALE

Estimated Value: $2,777,000 - $3,822,000

5 Beds
3.5 Baths
3,300 Sq Ft
$1,024/Sq Ft Est. Value

Last Sold December 31, 2015

Last sale price $1,600,000 $485 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $20,412/month

15 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • High Ceiling
  • Bay Elementary School Rated A-
  • Coastal Architecture
  • Furnished

About This Home

As of December 2015

Entered for comp purposes

Last Agent to Sell the Property

Zach Gilman

BeachWay Realty License #3260720 Listed on: 12/15/2015

Co-Listed By

Tabitha Turner

BeachWay Realty License #3311759

Last Buyer's Agent

Cliff Cohen

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,412

Year Built

  • Built in 2007

Lot Details

  • 7,013

HOA Fees

  • $362 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Coastal Architecture

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Furnished
  • High Ceiling
  • Living Room

Kitchen

  • Double Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Balcony
  • Covered Patio or Porch

Schools

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

Additional Features

  • Lot Dimensions are 70x120
  • Multiple cooling system units

Community Details

Overview

  • Association fees include management, legal/accounting, pool(s), security
  • Watercolor Subdivision

Recreation

  • Beach
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,412

Year Built

Built in 2007

Lot Details

0

HOA Fees

$362 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Detached
  • Lot Size: 70x120
  • Road Surface Type: Paved
  • Co List Office Mls Id: BPCR
  • Co List Office Phone: (850) 230-1091
  • Subdivision Name: Watercolor
  • Architectural Style: Coastal
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Double Oven, Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Range Hood, Washer
  • Interior Amenities: High Ceilings
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 3300.0
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom

Exterior Features

  • Exterior Features: Balcony, Outdoor Shower, Porch
  • Patio And Porch Features: Balcony, Covered, Porch

Garage/Parking

  • Parking Features: Attached, Garage
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling: Multi Units
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 1085.0
  • Community Features: Beach, Other, Playground, Park, See Remarks
  • Amenities: Beach Rights
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Legal/Accounting, Pool(s), Security

Schools

  • Middle Or Junior School: Seaside

Lot Info

  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 8412.0
  • Tax Year: 2014

MLS Schools

  • Elementary School: Van R Butler
  • High School: South Walton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2015
Closed on
Nov 18, 2015
Sold by
Policiechio Daniel J and Policiechio Deborah
Bought by
Davis Bob R
Seller's Agent
Zach Gilman
BeachWay Realty
Buyer's Agent
Cliff Cohen
Berkshire Hathaway HomeServices
List Price
$1,600,000
Sold Price
$1,600,000
Current Estimated Value
$3,379,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,779,962
Avg. Annual Appreciation
7.99%
Original Mortgage
$1,000,000
Outstanding Balance
$79,038
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$3,283,785

Purchase Details

Closed on
Dec 1, 2009
Sold by
Freedman Richard S
Bought by
Policicchio Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2005
Sold by
Bolen Robert V and Bolen Pamela L
Bought by
Richard Freedman Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2003
Sold by
St Joe Arvida Home Building Lp
Bought by
Pickren Christopher
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
Davis Bob R $1,600,000 Diamond Title Agency Inc
Policicchio Daniel J $850,000 United Title & Escrow Of Fl
Richard Freedman Trust $750,000 --
Pickren Christopher $246,500 Residential Cmnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Bob R $1,000,000
Previous Owner Policicchio Daniel J $66,000
Previous Owner Policicchio Daniel J $900,000
Previous Owner Policicchio Daniel J $417,000
Previous Owner Policicchio Daniel J $305,000
Previous Owner Policicchio Daniel J $637,500
Previous Owner Freedman Richard S $1,470,000
Previous Owner Richard Freedman Trust $675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2022 07/03/22 Off Market $1,600,000 -- --
12/31/2015 12/31/15 Sold $1,600,000 0.0% $485 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
12/15/2015 12/15/15 For Sale $1,600,000 -- $485 / Sq Ft
Source: Central Panhandle 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 $19,605 $2,571,173 $753,636 $1,817,537
2023 $19,605 $1,775,279 $0 $0
2022 $17,921 $2,289,848 $836,536 $1,453,312
2021 $14,644 $1,559,704 $731,685 $828,019
2020 $13,314 $1,333,794 $669,400 $664,394
2019 $12,853 $1,294,241 $649,903 $644,338
2018 $12,613 $1,264,929 $0 $0
2017 $12,253 $1,236,307 $612,596 $623,711
2016 $12,062 $1,205,358 $0 $0
2015 $8,362 $859,511 $0 $0
2014 $8,412 $852,689 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 638958

Central Panhandle Association of REALTORS®

APN: 15-3S-19-25420-000-0210