NOT LISTED FOR SALE

Estimated Value: $793,000 - $935,000

3 Beds
3.5 Baths
2,375 Sq Ft
$355/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $594,500 $250 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,096/month

115 Days on Market

Highlights

  • Lake Front
  • On Golf Course
  • Gated Community
  • Van R. Butler Elementary School Rated A-
  • Home fronts a pond
  • Atrium Room

About This Home

As of August 2020

This exceptionally well-appointed home enjoys enviable golf and lake views, particularly from the westerly facing balcony and additional 150 square feet of living area on the second floor. Step through the glazed entrance and appreciate the plethora of refined features. Fine craftsmanship is evident throughout, from the tile flooring and shiplap accent walls to the pendant light fixtures and crown molding. New ensuite bathrooms showcase marble-look granite for a refined spa-like ambience. Open living spaces deliver serene water views, putting this immaculate high-end home in a class of its own. The crowning glory is the outdoor space with immaculate landscaping, a wrap-around patio for al fresco entertaining, two-car garage, and there's still ample room for a pool.

Last Listed By

Sarah Stone

Scenic Sotheby's International Realty Brokerage Phone: 850-598-6888 License #3093630 Listed on: 03/30/2020

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,491

Year Built

  • Built in 2004 | Remodeled

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 65.12 x 114.10 x 41.43 x 113.31
  • Home fronts a pond
  • Lake Front
  • Property fronts a private road
  • Coastal Barrier Zone
  • On Golf Course
  • Street terminates at a dead end
  • Interior Lot
  • Sprinkler System
  • Lawn Pump

HOA Fees

  • $68 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Property Views

  • Lake
  • Pond

Home Design

  • Contemporary Architecture
  • Newly Painted Property
  • Slate Roof
  • Stucco
  • Slate

Interior Spaces

  • 2,375 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Home Office
  • Atrium Room
  • Fire and Smoke Detector
  • Exterior Washer Dryer Hookup

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Painted or Stained Flooring
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Outdoor Features

  • Pond
  • Balcony
  • Covered patio or porch

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30-2S-21-42910-00M-0090

Community Details

Overview

  • Association fees include accounting, land recreation, legal, master, recreational faclty, security
  • Emerald Bay Ph 1A Subdivision
  • The community has rules related to covenants

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,491

Year Built

Built in 2004 | Remodeled

Lot Details

0

HOA Fees

$68 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Lot Size: 65.12 x 114.10 x 41.43 x 113.31
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: EDRE
  • Co List Office Phone: 850-231-6052
  • Subdivision Name: EMERALD BAY PH 1A
  • Directions: From Hwy. 98, turn North in Emerald Bay. Travel to first stop sign turn right on Indigo Loop North. Make first Left on Cobalt Lane and home is 8th on your left.
  • Architectural Style: Contemporary
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2004
  • Attribution Contact: 850-598-6888
  • Utilities Electric: Yes
  • Appliances Microwave: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Atrium, Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Ceiling Raised, Fireplace Gas, Floor Tile, Floor WW Carpet New, Furnished - None, Newly Painted, Pantry, Renovated, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Window Features: Double Pane Windows
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:StoveOven Gas: Yes

Exterior Features

  • Lot Features: Covenants, Dead End, Golf Course, Interior, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Pond, Lake
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Roof Tile/Slate, Slab, Stucco
  • Exterior Features: Balcony, Fireplace, Lawn Pump, Patio Covered, Porch, Renovated, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Stucco: Yes
  • Lot Features:Dead End: Yes
  • Lot Features:Golf Course: Yes
  • ConstructionSiding:Roof TileSlate: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Community Room, Gated Community, Golf, Pets Allowed, Pool, Tennis
  • Association #2 Fee: 203.7
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Land Recreation, Legal, Master Association, Recreational Faclty, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: 30-2S-21-42910-00M-0090
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres
  • Lot Features Coastal Barrier Zone: Yes

Tax Info

  • Tax Annual Amount: 3491.17
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2020
Closed on
Aug 28, 2020
Sold by
Beaucoudray Robert L and Beaucoudray Teresa C
Bought by
Lee Ronald J and Lee Jeanine M
Seller's Agent
Sarah Stone
Scenic Sotheby's International Realty
Buyer's Agent
Cindy Cole
Keller Williams Realty Destin
List Price
$594,500
Sold Price
$594,500
Total Days on Market
115
Current Estimated Value
$843,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,342
Avg. Annual Appreciation
8.69%
Original Mortgage
$475,600
Outstanding Balance
$428,478
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$451,818

Purchase Details

Listed on
Mar 2, 2019
Closed on
May 30, 2019
Sold by
Fischetti Michael C and Fischetti Janice M
Bought by
Beaucoudry Robert L and Beaucoudray Teresa C
Seller's Agent
Sandra Sharpe
Coldwell Banker Realty
Buyer's Agent
Sarah Stone
Scenic Sotheby's International Realty
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.56%

Purchase Details

Closed on
Mar 1, 2004
Sold by
Mcmorrow Sally and Kelly Timothy D
Bought by
Fischetti Michael C and Fischetti Janice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,600
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2003
Sold by
Mcmorrow Sally
Bought by
Mcmorrow Sally and Kelly Timothy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.79%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 6, 2002
Sold by
Johnson Eddy and Johnson Dorothy M
Bought by
Mcmorrow Sally M

Purchase Details

Closed on
Mar 20, 2001
Sold by
Rigdon Inc
Bought by
Johnson Eddy and Johnson Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,750
Interest Rate
8.62%

Range of Values:

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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
Lee Ronald J $594,500 Mcneese Title Llc
Beaucoudry Robert L $385,000 Mcneese Title Llc
Fischetti Michael C $402,000 Emerald Coast Title Svcs Inc
Mcmorrow Sally $18,000 Southern Escrow & Title Llc
Mcmorrow Sally M $55,000 Southern Escrow & Title Llc
Johnson Eddy $55,300 Lawyers Title Agency Of The
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Ronald J $475,600
Previous Owner Fischetti Michael C $421,500
Previous Owner Fischetti Michael C $160,000
Previous Owner Fischetti Michael C $321,600
Previous Owner Mcmorrow Sally $245,000
Previous Owner Johnson Eddy $49,750
Closed Fischetti Michael C $80,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $594,500 0.0% $250 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
03/30/2020 03/30/20 For Sale $594,500 +54.4% $250 / Sq Ft
05/30/2019 05/30/19 Sold $385,000 0.0% $173 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
03/02/2019 03/02/19 For Sale $385,000 0.0% $173 / Sq Ft
04/01/2016 04/01/16 Rented $2,300 0.0% --
04/01/2016 04/01/16 Under Contract -- -- --
03/05/2016 03/05/16 For Rent $2,300 -- --
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 $4,199 $515,398 -- --
2023 $4,199 $500,386 $0 $0
2022 $4,148 $485,812 $0 $0
2021 $4,201 $471,662 $97,462 $374,200
2020 $3,310 $368,859 $89,166 $279,693
2019 $3,637 $366,192 $85,736 $280,456
2018 $3,345 $335,482 $0 $0
2017 $3,105 $313,240 $80,037 $233,203
2016 $3,053 $305,064 $0 $0
2015 $3,019 $297,003 $0 $0
2014 $2,855 $276,902 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 843803

Emerald Coast Association of REALTORS®

APN: 30-2S-21-42910-00M-0090