NOT LISTED FOR SALE

Estimated Value: $2,074,000 - $2,588,000

4 Beds
3.5 Baths
2,646 Sq Ft
$861/Sq Ft Est. Value

Last Sold January 10, 2019

Last sale price $989,000 $374 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $13,830/month

6 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Vaulted Ceiling
  • Dune Lakes Elementary School Rated A-
  • Deeded access to the beach
  • Beach House

About This Home

As of January 2019

This amazing four-bedroom, three-and-a-half-bathroom home - with two masters - is for sale in Phase 2 of WaterColor and being sold furnished. A wide front porch greets you as you walk up to the home. Hardwood floors run throughout the living areas and bedrooms. There is a first floor master bedroom as well. The living, dining and kitchen are open and great for entertaining or family get togethers. The kitchen has a big farm sink, granite countertops, white cabinets and stainless appliances. The gas range will be ideal for cooking family dinners. The screened back porch will be a great spot to enjoy a cocktail and the additional paver patio has more space to grill or enjoy the outdoors. Upstairs are three more bedrooms including the spacious 2nd master suite with plenty of closet space. This home has a full size washer and dryer. An additional $330/quarter to be payable by the buyer will be added to the $1,140 per quarter HOA fee for the next 13 years to cover the amenity expansion project that was assessed January 1st, 2017, covering the cost for the WaterColor Beach Club and Camp WaterColor Expansion. There is a 0.5% fee of the purchase price paid by the buyer due at closing to the St. Joe Foundation. There is a $250 transfer fee to the HOA. Come enjoy WaterColor and all of the amazing amenities it offers: the Gulf front Beach Club with dining, many community pools, tennis courts, fitness, the Boat House, amphitheatre, trails, etc! Also enjoy walking or taking a quick golf cart ride to Publix grocery store and all the surrounding shops and restaurants in WaterColor and Seaside.

Last Agent to Sell the Property

Andy & Christina Meinen

Scenic Sotheby's International Realty Brokerage Phone: 850-974-9704 Listed on: 11/19/2018

Scenic Sotheby's International Realty

Last Buyer's Agent

Shelby Rochester

Scenic Sotheby's International Realty License #3375814

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,361

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 57x120

HOA Fees

  • $490 Monthly HOA Fees

Home Design

  • Beach House
  • Cement Board or Planked

Interior Spaces

  • 2,646 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Dining Area
  • Screened Porch

Kitchen

  • Walk-In Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Open Patio

Schools

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

Utilities

  • Multiple cooling system units
  • Central Air
  • Underground Utilities
  • Water Tap Fee Is Paid
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14-3S-19-25400-000-0220

Community Details

Overview

  • Association fees include accounting, legal, management, master, cable TV, trash
  • Watercolor Subdivision
  • The community has rules related to covenants

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,361

Year Built

Built in 2006

Lot Details

0

HOA Fees

$490 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 57x120
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: From 395 & 30A Head north on 395. Take first left on Royal Fern Way, home will be on the right.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2006
  • Attribution Contact: 850-974-9704
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Gas, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Ceiling Vaulted, Floor Hardwood, Floor Tile, Furnished - All, Pantry, Window Treatment All
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Interior:Furnished - All: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling Vaulted: Yes

Exterior Features

  • Lot Features: Covenants, Curb & Gutter
  • Pool Features: Pool Type
  • Construction Type: Siding CmntFbrHrdBrd
  • Exterior Features: Patio Open, Porch, Porch Screened, Shower
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Porch Screened: Yes
  • Lot Features:Curb Gutter: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: See Remarks, Other
  • Parking Features:Other3: Yes
  • Parking Features:See Remarks4: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Utilities: Gas - Natural, Public Sewer, Public Water, Tap Fee Paid, Underground, Other

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Dock, Exercise Room, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1470.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Legal, Management, Master Association, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 14-3S-19-25400-000-0220
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2022
Sold by
Anthony Cavaciuti Eric
Bought by
Eric Anthony Cavaciuti And Beverly Denise Cav
Current Estimated Value
$2,279,095

Purchase Details

Closed on
Jul 28, 2021
Sold by
Ccc Realty Llc
Bought by
Cavaciuti Eric Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 19, 2018
Closed on
Jan 9, 2019
Sold by
Beach Cathlene Shows
Bought by
Ccc Realty Llc
Seller's Agent
Andy & Christina Meinen
Scenic Sotheby's International Realty
Buyer's Agent
Shelby Rochester
Scenic Sotheby's International Realty
List Price
$989,000
Sold Price
$989,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.37%
Original Mortgage
$741,750
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 14, 2018
Closed on
Jul 13, 2018
Sold by
Melane Kr Denton and Melane May E
Bought by
Myers Cathlene Shohws
Seller's Agent
Will Palmer
Better Homes and Gardens Real Estate Coast Properties
Buyer's Agent
Andy & Christina Meinen
Scenic Sotheby's International Realty
List Price
$915,000
Sold Price
$915,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.83%

Purchase Details

Closed on
Jun 4, 2007
Sold by
Watercolor Group Llc
Bought by
Mclane R Denton and Mclane Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,500
Interest Rate
5.88%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 4, 2005
Sold by
Chatoney William M and Chatoney Elizabeth D
Bought by
Watercolor Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2004
Sold by
St Joe Arvida Home Building Lp
Bought by
Chatoney William M and Chatoney Elizabeth D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Eric Anthony Cavaciuti And Beverly Denise Cav $100 --
Cavaciuti Eric Anthony -- Sunbelt Title Agency
Ccc Realty Llc $989,000 Provident Title Llc
Myers Cathlene Shohws $915,000 Attorney
Mclane R Denton $865,000 Southern Escrow & Title Llc
Watercolor Group Llc $635,000 Reli Title Llc
Chatoney William M $246,500 Residential Cmnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cavaciuti Eric Anthony $745,000
Previous Owner Ccc Realty Llc $741,750
Previous Owner Mclane R Denton $128,500
Previous Owner Mclane R Denton $650,000
Previous Owner Watercolor Group Llc $509,000
Previous Owner Chatoney William M $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2019 01/10/19 Sold $989,000 0.0% $374 / Sq Ft
11/25/2018 11/25/18 Pending -- -- --
11/19/2018 11/19/18 For Sale $989,000 +8.1% $374 / Sq Ft
07/13/2018 07/13/18 Sold $915,000 0.0% $346 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $915,000 -- $346 / 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 $14,361 $1,729,912 $582,511 $1,147,401
2023 $14,361 $1,548,313 $0 $0
2022 $13,044 $1,407,557 $646,587 $760,970
2021 $10,872 $1,142,091 $565,544 $576,547
2020 $10,024 $1,004,200 $517,402 $486,798
2019 $10,062 $1,013,175 $502,332 $510,843
2018 $10,191 $1,022,005 $0 $0
2017 $9,666 $975,230 $473,496 $501,734
2016 $9,198 $946,002 $0 $0
2015 $8,737 $904,578 $0 $0
2014 $7,796 $774,078 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 811122

Emerald Coast Association of REALTORS®

APN: 14-3S-19-25400-000-0220