NOT LISTED FOR SALE

Estimated Value: $3,987,995 - $5,000,000

5 Beds
5.5 Baths
3,972 Sq Ft
$1,147/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $3,800,000 $957 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $28,011/month

69 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Gulf View
  • Bay Elementary School Rated A-
  • Fishing
  • 5-minute walk to Park de Leonardo de Bicci

About This Home

As of July 2021

BEST LOCATION IN WATERCOLOR! Two blocks from the beach on a quiet street, overlooking tree-lined streets of Seaside, and a 360 view of Watercolor, Seaside, and most importantly, expansive views of the GULF! Featuring 5 bedrooms, 5 1/2 baths, a media room, an office, coffee/wet bar, and multiple large and cozy porches, a private back deck with gas fire pit and grill, and THE ultimate ROOF TOP PATIO perfect for sunrise, sunset parties and everything in between. Watch boats come in, fireworks all the way from PCB to Destin....the VIEW is THAT spectacular. One of the highest rooftops in all of Seaside or Watercolor! This house has never been rented, one owner, however, the rental properties on this street command some of the highest rents in Watercolor. This home comes furnished (See list of Exclusions), all the interiors are new and pristine! The interiors were designed by Beau Interiors. The kitchen is a masterpiece, with a commercial size Subzero frig, Wolf cooktop and oven, and island that seats 7. The cabinets are custom-made in England by Smallbone of England. Both the living and dining spaces are large and accommodate a crowd. There is a downstairs king size bedroom and bath, large laundry room. New Pella windows, renovations to the Kitchen & Baths and flooring in 2019, HVAC replaced in 2019 and more! Buyer to verify all data and dimensions.

Last Agent to Sell the Property

Linda Lee

Christies International Real Estate Emerald Coast License #3084103 Listed on: 04/22/2021

Christies International Real Estate Emerald Coast

Last Buyer's Agent

ecn.rets.showingtime.e34650

ecn.rets.RETS_OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,858

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 50 x 100
  • Sprinkler System

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • 2 Attached Carport Spaces

Home Design

  • Florida Architecture
  • Newly Painted Property
  • Metal Roof
  • Wood Trim
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,972 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Built-in Bookshelves
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Living Room
  • Dining Area
  • Gulf Views

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

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

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Cooling System Powered By Gas
  • Multiple cooling system units
  • Central Air
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25403-000-0140

Community Details

Overview

  • Association fees include management, recreational faclty, security
  • Watercolor Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Recreation Room

Recreation

  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,858

Year Built

Built in 2007

Lot Details

0

HOA Fees

$530 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 50 x 100
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: From the Town Center of Watercolor, travel East on 30A to Mystic Cobalt. Turn Left onto Mystic Cobalt and Right on Silver Laurel Way. House will be on the right.
  • Architectural Style: Florida Cottage
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2007
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Underground: Yes
  • Energy:AC - Central Gas: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Gas, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Floor Hardwood, Floor Tile, Furnished - All, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Split Bedroom, Washer/Dryer Hookup, Wet Bar, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Split Bedroom: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes
  • Appliances:Security System: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Foundation On Piling, Roof Metal, Siding CmntFbrHrdBrd, Trim Wood
  • Exterior Features: Patio Open, Porch, Porch Open, Shower, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • ConstructionSiding:Trim Wood: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features: Carport Attached, Covered
  • General Property Info:Garage2: No
  • Parking Features:Carport Attached: Yes
  • Parking Features:Covered: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Deed Access, Exercise Room, Fishing, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable
  • Association #2 Fee: 1590.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Management, Recreational Faclty, Security

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25403-000-0140
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17858.17
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jul 30, 2021
Sold by
White Govan D and Govan D White Living Trust
Bought by
Alff Dennis and Alff Casey
Seller's Agent
Linda Lee
Christies International Real Estate Emerald Coast
Buyer's Agent
ecn.rets.showingtime.e34650
ecn.rets.RETS_OFFICE
List Price
$3,800,000
Sold Price
$3,800,000
Current Estimated Value
$4,557,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$757,499
Avg. Annual Appreciation
4.48%

Purchase Details

Closed on
Apr 7, 2011
Sold by
Cs Mainstreet Llc
Bought by
White Govan D

Purchase Details

Closed on
Feb 24, 2011
Sold by
Welch Steven D
Bought by
Cs Mainstreet Llc

Purchase Details

Closed on
Oct 9, 2007
Sold by
Welch Steven D
Bought by
Welch Steven D and Washington Keith L

Purchase Details

Closed on
Jul 30, 2001
Sold by
St Joe Arvida Home Building Lp
Bought by
Welch Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.5%
Source: Public Records

Range of Values:

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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
Alff Dennis $3,800,000 Emerald Coast Title Svcs Llc
White Govan D $1,500,000 Mcneese Title Llc
Cs Mainstreet Llc -- Attorney
Welch Steven D $185,500 Heritage Title Services Llc
Welch Steven D $250,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welch Steven D $2,150,000
Previous Owner Welch Steven J $371,000
Previous Owner Welch Steven D $75,000
Previous Owner Welch Steven D $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $3,800,000 0.0% $957 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $3,800,000 -- $957 / 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 $31,785 $3,793,326 $616,052 $3,177,274
2023 $31,785 $3,206,093 $0 $0
2022 $27,011 $2,914,630 $683,817 $2,230,813
2021 $18,151 $1,875,125 $598,108 $1,277,017
2020 $17,858 $1,788,965 $547,193 $1,241,772
2019 $17,234 $1,735,409 $531,256 $1,204,153
2018 $16,956 $1,700,469 $0 $0
2017 $16,515 $1,666,236 $500,760 $1,165,476
2016 $16,342 $1,633,125 $0 $0
2015 $15,886 $1,562,819 $0 $0
2014 -- $1,474,171 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 869922

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25403-000-0140