NOT LISTED FOR SALE

Estimated Value: $2,267,194 - $2,826,000

3 Beds
3.5 Baths
2,424 Sq Ft
$1,041/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $1,500,000 $619 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $15,705/month

2 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Wooded Lot
  • Dune Lakes Elementary School Rated A-
  • Fishing
  • Vaulted Ceiling

About This Home

As of October 2020

Beautifully maintained Florida Cottage-style home on one of the most popular and highly desirable streets in WaterColor. Warm and friendly 3BR home plus built-in bunk beds in upstairs hallway and upstairs bedroom. Floorplan offers 2 bedrooms downstairs with one being a Master Bedroom with a private screened porch off the back. Love the open living and dining area with super high ceilings and gas fireplace! Wood floors throughout. Kitchen is fully equipped and has a real pantry. There is also a full-size laundry room downstairs. This location can't be beat and it's walkable to all the fun things there are to do in WaterColor! Solid vacation rental investment property.

Last Agent to Sell the Property

Teresa Turner

Scenic Sotheby's International Realty License #270204 Listed on: 09/15/2020

Scenic Sotheby's International Realty

Last Buyer's Agent

Beau Blankenship

Christies International Real Estate Emerald Coast License #3305087

Christies International Real Estate Emerald Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,579

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 40x101
  • Interior Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned Deed Restrictions, Resid

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Florida Architecture
  • Pitched Roof
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 2,424 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-in Bookshelves
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Area
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Walk-In Pantry
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Built-In Bunk Beds
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Outdoor Shower

Schools

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

Utilities

  • Multiple cooling system units
  • Central Air
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25402-000-0230

Community Details

Overview

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

Amenities

  • Picnic Area
  • Community Pavilion
  • Elevator

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,579

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: 40x101
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: From Hwy 98, take Hwy 283 South to 30A and turn Left going East. Go 1.8 miles and turn Left onto Mystic Cobalt (just past WaterColor Town Center and just before Seaside) Home will be on the right. Parking is behind the house on alleyway off Silver Laurel.
  • 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
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Rooms:Screened Porch: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Built-In Bookcases, Ceiling Vaulted, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Hallway Bunk Beds, Pantry, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Hallway Bunk Beds: Yes

Exterior Features

  • Lot Features: Covenants, Interior, Level, Restrictions, Survey Available, Within 1/2 Mile to Water, Wooded
  • Pool Features: Pool Type
  • Construction Type: Roof Metal, Roof Pitched, Siding CmntFbrHrdBrd
  • Exterior Features: Porch Screened, Shower
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Porch Screened: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features: Carport
  • General Property Info:Garage2: No
  • Parking Features:Carport3: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Dock, Elevators, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, TV Cable
  • Association #2 Fee: 1590.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Legal, Management, Recreational Faclty, Security, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25402-000-0230
  • Zoning: Deed Restrictions, Resid
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11579.07
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2023
Sold by
Stella Luna Beach Rentals Llc
Bought by
Haug James Robert and Gauthier Emily Michelle
Current Estimated Value
$2,522,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$293,456
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,229,343

Purchase Details

Closed on
Jan 29, 2022
Sold by
Robert Haug James and Robert Michelle Emily
Bought by
Stella Luna Beach Rentals Llc

Purchase Details

Listed on
Sep 15, 2020
Closed on
Oct 26, 2020
Sold by
Gruner Lanee W and Wilson Shawn A
Bought by
Haug James Robert and Gauthier Emily Michelle
Seller's Agent
Teresa Turner
Scenic Sotheby's International Realty
Buyer's Agent
Beau Blankenship
Christies International Real Estate Emerald Coast
List Price
$1,500,000
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%
Original Mortgage
$125,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2016
Closed on
Dec 28, 2017
Sold by
142 Myustic Cobalt Watercolor Llc
Bought by
Gruner Lance W and Wilson Shawn A
Seller's Agent
Marianne Grant Blake Cooper
Christies International Real Estate Emerald Coast
Buyer's Agent
Teresa Turner
Emeralda Realty
List Price
$1,240,000
Sold Price
$1,240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$992,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2012
Closed on
May 22, 2012
Sold by
Phelan Daniel D
Bought by
142 Mystic Cobalt Watercolor Llc
Seller's Agent
Karen Wagner
Watersound Real Estate
Buyer's Agent
Marianne Berrigan
St Joe Community Sales Inc
List Price
$1,138,745
Sold Price
$1,138,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.53%

Purchase Details

Listed on
Mar 15, 2012
Closed on
May 15, 2012
Sold by
Phelan Patricia A
Bought by
Phelan Daniel D
Seller's Agent
Karen Wagner
Watersound Real Estate
Buyer's Agent
Marianne Berrigan
St Joe Community Sales Inc
List Price
$1,138,745
Sold Price
$1,138,745

Purchase Details

Closed on
Aug 15, 2005
Sold by
Morris John C and Frappier Robert F
Bought by
Phelan Daniel D and Phelan Patricia A

Purchase Details

Closed on
May 5, 2003
Sold by
C & C Acquisitions Group Inc
Bought by
Morris John C and Frappier Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,407
Interest Rate
5.76%

Purchase Details

Closed on
Sep 28, 2001
Sold by
St Joe Arvida Home Building Lp
Bought by
C & C Acquisitions Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
8%
Mortgage Type
Balloon
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
Haug James Robert -- Fidelity National Title
Haug James Robert -- Fidelity National Title
Stella Luna Beach Rentals Llc -- Legacy Protection Lawyers Llp
Haug James Robert $1,500,000 Attorney
Gruner Lance W $1,240,000 Provident Title Llc
142 Mystic Cobalt Watercolor Llc $1,138,800 Attorney
Phelan Daniel D -- Attorney
Phelan Daniel D $2,125,000 --
Morris John C $816,500 Sunbelt Title Agency
C & C Acquisitions Group Inc $220,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haug James Robert $300,000
Closed Haug James Robert $300,000
Previous Owner Haug James Robert $125,000
Previous Owner Gruner Lance W $992,000
Previous Owner Morris John C $566,407
Previous Owner C & C Acquisitions Group Inc $561,000
Previous Owner C & C Acquisitions Group Inc $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Off Market $1,500,000 -- --
10/29/2020 10/29/20 Sold $1,500,000 0.0% $619 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $1,500,000 +21.0% $619 / Sq Ft
12/29/2017 12/29/17 Sold $1,240,000 0.0% $512 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
10/03/2016 10/03/16 For Sale $1,240,000 +8.9% $512 / Sq Ft
05/23/2012 05/23/12 Sold $1,138,745 0.0% $397 / Sq Ft
03/16/2012 03/16/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $1,138,745 -- $397 / 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 $18,414 $2,011,965 $800,000 $1,211,965
2023 $18,414 $2,026,563 $800,000 $1,226,563
2022 $14,590 $1,771,799 $683,817 $1,087,982
2021 $12,294 $1,270,057 $598,108 $671,949
2020 $11,922 $1,194,280 $547,193 $647,087
2019 $11,579 $1,165,952 $531,256 $634,696
2018 $11,449 $1,148,194 $0 $0
2017 $11,265 $1,136,582 $500,760 $635,822
2016 $11,175 $1,116,728 $0 $0
2015 $10,683 $1,063,823 $0 $0
2014 $9,904 $976,739 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 844518

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25402-000-0230