NOT LISTED FOR SALE

Estimated Value: $2,723,178 - $3,129,000

4 Beds
4.5 Baths
2,536 Sq Ft
$1,119/Sq Ft Est. Value

Last Sold September 21, 2015

Last sale price $1,275,000 $503 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $17,083/month

7 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Lake View
  • Bay Elementary School Rated A-
  • Fishing
  • Wooded Lot

About This Home

As of September 2015

COTRACT PENDING ACCEPTING BACKUP OFFERS. This incredible 4 bedroom and 4.5 bath home in the Mere Ridge Neighborhood of Watercolor, overlooks the natural landscaping of Cypress Pond Way. Home has never been on a rental program and is in pristine condition. This Geoff Chick designed home gives you the privacy of being tucked off the main path but conveniently located to the WaterColor kids camp and all the other wonderful amenities WaterColor has to offer. The open first floor plan gives way to entertaining and family enjoyment with the convenience of a guest suite with private screened-in porch and custom shower. The kitchen sparkles with the beautiful combination of granite, glass tiles and chrome lighting. The upgraded appliances along with the oversized The upgraded appliances along with the oversized island accommodates everyone. The spacious laundry room and a half bath complete the first floor. The second level includes the master suite, private screened-in porch, custom bath cabinetry, soaking tub, separate shower with unique tiles and granite along with two other guest rooms each with their own baths and porches and a spacious bunk room with an oversized space for room to play. Easy to maintain hardwood flooring throughout the home, coffered ceiling, screened-in porch off the dining area, paved grilling area, covered parking, extra built-in storage on the first floor and a huge floored space in the attic for long term storage possibilities. There are 1,652 square feet of porches on this home for relaxation. HOME IS BEING SOLD FURNISHED.

Last Agent to Sell the Property

Karen Holder

EXP Realty LLC License #3204689 Listed on: 08/29/2015

EXP Realty LLC

Last Buyer's Agent

Marianne Berrigan

St Joe Community Sales Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,906

Year Built

  • Built in 2007

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 52x111
  • Property fronts a county road
  • Wooded Lot

HOA Fees

  • $361 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Beach House
  • Roof Vent Fans
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 2,536 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Woodwork
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Family Room
  • Bonus Room
  • Screened Porch
  • Lake Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Built-In Bunk Beds
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Shed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25414-000-0200

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,906

Year Built

Built in 2007

Lot Details

0

HOA Fees

$361 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Lot Size: 52X111
  • Road Frontage Type: County Road
  • Subdivision Name: WATERCOLOR
  • Directions: Enter Watercolor at the Intersection of 395 and Watercolor Crossings. Go to stop sign and take a right on W Lake Forest Dr. Take second right on Pond Cypress. Follow around and home will be located on the right
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2007
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Bonus Room: Yes
  • Waterview:Lake2: Yes
  • Energy:Roof Vent: Yes
  • Rooms:Family Room: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished - All
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Gas, Washer, Water Heater - Elect
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Floor Hardwood, Floor Tile
  • Interior Amenities: Breakfast Bar, Ceiling Tray/Cofferd, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Pantry, Washer/Dryer Hookup, Woodwork Painted
  • Window Features: 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:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: 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:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Appliances:Security System: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Interior:Hallway Bunk Beds: Yes

Exterior Features

  • Lot Features: Covenants, Wooded
  • View: Lake
  • Construction Type: Siding CmntFbrHrdBrd
  • Exterior Features: Shower, Yard Building
  • Patio And Porch Features: Porch Open, Porch Screened
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Porch Screened: Yes

Garage/Parking

  • Carport Spaces: 1.0

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Phone, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Boat Launch, Dock, Fishing, Pavillion/Gazebo, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1083.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Management, Security, Cable TV, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: 15-3S-19-25414-000-0200
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2015
Closed on
Sep 18, 2015
Sold by
Tuerff Julie K and Tuerff James R
Bought by
Adams Family Trust and Adams Molly P
Seller's Agent
Karen Holder
EXP Realty LLC
Buyer's Agent
Marianne Berrigan
St Joe Community Sales Inc
List Price
$1,275,000
Sold Price
$1,275,000
Current Estimated Value
$2,842,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,567,401
Avg. Annual Appreciation
8.39%
Original Mortgage
$956,250
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 28, 2011
Sold by
Ping Jeffrey H and Ping Kimberly T
Bought by
Tuerff Julie K and Tuerff James R

Purchase Details

Closed on
Aug 4, 2009
Sold by
Mcalister David and Mcalister John D
Bought by
Ping Jeffrey H and Ping Kimberly T

Purchase Details

Closed on
Jan 10, 2007
Sold by
Osprey Landing Llc
Bought by
Mcalister David and Mcalister John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,595
Interest Rate
6.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 3, 2004
Sold by
Holmes W Stephen and Holmes Deborah M
Bought by
Osprey Landing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2003
Sold by
St Joe Arvida Home Building Lp
Bought by
Holmes W Stephen and Holmes Deborah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,700
Interest Rate
5.79%
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
Adams Family Trust $1,275,000 Attorney
Tuerff Julie K $875,000 Mcneese Title Llc
Ping Jeffrey H $825,000 Mcneese Title Llc
Mcalister David $360,000 Southern Escrow & Title Llc
Osprey Landing Llc $350,000 --
Holmes W Stephen $246,500 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Family Trust $250,000
Open Adams Rodney W $885,000
Open Mere Ridge Lot 15 Llc $1,785,000
Closed Adams Family Trust $956,250
Previous Owner Mcalister David $113,595
Previous Owner Mcalister David $908,776
Previous Owner Osprey Landing Llc $297,500
Previous Owner Holmes W Stephen $221,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Off Market $1,275,000 -- --
09/21/2015 09/21/15 Sold $1,275,000 0.0% $503 / Sq Ft
09/05/2015 09/05/15 Pending -- -- --
08/29/2015 08/29/15 For Sale $1,275,000 -- $503 / 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 $13,906 $1,615,728 -- --
2023 $13,906 $1,568,668 $0 $0
2022 $13,760 $1,522,979 $0 $0
2021 $13,948 $1,478,620 $593,821 $884,799
2020 $12,034 $1,205,550 $543,272 $662,278
2019 $11,616 $1,169,714 $527,448 $642,266
2018 $11,030 $1,106,186 $0 $0
2017 $10,721 $1,081,665 $497,171 $584,494
2016 $10,563 $1,055,614 $0 $0
2015 $10,099 $1,004,935 $0 $0
2014 -- $981,212 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 733631

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25414-000-0200