NOT LISTED FOR SALE

Estimated Value: $3,999,911 - $4,407,000

5 Beds
5.5 Baths
3,351 Sq Ft
$1,248/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $3,100,000 $925 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $24,855/month

Highlights

  • Waterfront Community
  • Boat Dock
  • Gulf View
  • Dune Lakes Elementary School Rated A-
  • Fishing
  • Gated Community

About This Home

As of March 2021

Within the gated enclave of Watersound Beach, this spacious 5 bedroom home enjoys stunning lake and gulf views with expansive porches. Meeting the needs of the most discerning buyer, this home has a main house, carriage house, 2-car garage, private elevator, large resort size pool and crows nest! The first floor hosts 3 bedrooms including a large bunk room, screen porch and access to the heated salt-water pool and summer kitchen. The 2nd floor main living area offers views of the lake, fireplace and great space for cooking and entertaining along with a large walk-in pantry and Thermador appliances for the chef! The 3rd floor is exclusively the master suites with excellent closet space, office nook, remarkable lake and gulf views, private balcony and a spiral staircase to the crows nest. The carriage house is the perfect guest suite with bedroom, bath and kitchenette. The Watersound Peninsula offers community docks to enjoy kayaking and paddle boarding on Camp Creek Lake and easy access to expansive uncrowded beaches.

Last Agent to Sell the Property

Mary Alice & Marsha

Scenic Sotheby's International Realty Listed on: 01/30/2021

Co-Listed By

Karen Thompson

Go to the Beach Real Estate License #3399967

Last Buyer's Agent

Tami Moats

The Premier Property Group Seacrest Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,642

Year Built

  • Built in 2017

Lot Details

  • 6,360

HOA Fees

  • $430 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Gulf
  • Lake

Home Design

  • Beach House
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 3,351 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Area

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Lot Dimensions are 67x110

Listing and Financial Details

  • Assessor Parcel Number 21-3S-18-16201-000-0280

Community Details

Overview

  • Watersound Beach Subdivision

Amenities

  • Community Barbecue Grill
  • Sauna
  • Recreation Room

Recreation

  • Boat Dock
  • Waterfront Community
  • Community Pool
  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,642

Year Built

Built in 2017

Lot Details

0

HOA Fees

$430 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 67x110
  • Co List Office Mls Id: EJON
  • Co List Office Phone: 850-231-3344
  • Subdivision Name: WATERSOUND BEACH
  • Directions: Enter Watersound Peninsula and follow Gulf Bridge around the curve. Home is on the right.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2017
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Covered Porch: Yes
  • Rooms:Dining Area: Yes
  • Waterview:Lake2: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Separate Apartment: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Pool Features: Pool Type
  • View: Lake, Gulf
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Parking Features:Garage3: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Community Room, Dock, Exercise Room, Fishing, Gated Community, Pets Allowed, Pool, Sauna/Steam Room, TV Cable, Waterfront
  • Association #2 Fee: 1290.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 21-3S-18-16201-000-0280
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15641.64
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2021
Closed on
Mar 26, 2021
Sold by
Thompson Jeffrey D and Thompson Karen R
Bought by
Boulder House Llc
Seller's Agent
Mary Alice & Marsha
Scenic Sotheby's International Realty
Buyer's Agent
Tami Moats
The Premier Property Group Seacrest Office
List Price
$3,100,000
Sold Price
$3,100,000
Current Estimated Value
$4,181,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,081,728
Avg. Annual Appreciation
6.78%
Original Mortgage
$1,500,000
Outstanding Balance
$1,352,133
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,829,595

Purchase Details

Closed on
May 23, 2018
Sold by
Midha Anil
Bought by
Thompson Jeffrey D and Thompson Karen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,307,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 5, 2012
Sold by
Guernsey Ronald C and Guernsey Martha J
Bought by
Midha Anil

Purchase Details

Closed on
Mar 22, 2002
Sold by
St Joe Arvida Home Building Lp
Bought by
Guernsey Ronald C and Guernsey Martha J
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
Boulder House Llc $3,100,000 None Available
Thompson Jeffrey D $2,615,000 Mcneese Title Llc
Midha Anil $500,000 Attorney
Guernsey Ronald C $350,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boulder House Llc $1,500,000
Previous Owner Thompson Jeffrey D $1,307,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $3,100,000 0.0% $925 / Sq Ft
01/30/2021 01/30/21 For Sale $3,100,000 -- $925 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
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 $29,913 $3,292,097 $717,860 $2,574,237
2023 $29,913 $3,292,097 $717,860 $2,574,237
2022 $28,350 $3,059,118 $796,824 $2,262,294
2021 $15,381 $1,626,670 $0 $0
2020 $15,642 $1,782,069 $637,622 $1,144,447
2019 $15,202 $1,568,144 $0 $0
2018 $14,924 $1,502,219 $0 $0
2017 $5,107 $529,292 $529,292 $0
2016 $4,833 $508,934 $0 $0
2015 $4,204 $413,600 $0 $0
2014 $3,876 $376,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 863525

Emerald Coast Association of REALTORS®

APN: 21-3S-18-16201-000-0280