NOT LISTED FOR SALE

Estimated Value: $4,109,000 - $4,825,000

6 Beds
6.5 Baths
4,300 Sq Ft
$1,040/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $2,640,000 $614 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $27,013/month

73 Days on Market

Highlights

  • Deeded access to the beach
  • Upgraded Media Wing
  • Maid or Guest Quarters
  • Bay Elementary School Rated A-
  • Heated In Ground Pool
  • Beach House

About This Home

As of August 2020

Situated in the beautiful residential oasis of Watercolor, this elegant home is ideal as a vacation home or investment rental. Originally designed as the personal nirvana for builder Borges Brooks, no expense was spared in creating this exceptional home which even has its own generator. The traditional exterior belies the bespoke interior which combines century-old antique pine floors with a state-of-the-art kitchen boasting a travertine back-splash and Subzero appliances. The attractive Annapolis granite counters are top quality, interspersed with Fischer Pakel and DCS appliances including a built-in wine cooler and ice maker. Start the day at the center island bar, enjoying a tasty home-cooked breakfast while making plans for the day. There's an adjoining dining area with suspended chandelier for entertaining in opulent style. An open doorway leads into a welcoming sitting area with open fireplace for cooler evenings. The deep coffered ceiling and wood-clad walls are painted white to enhance the effect of natural daylight. Climb the wood-tread stairs to find beautifully appointed bedrooms spread over two upper floors including a spacious bunk room. Outdoor living extends beyond the screen porches and outdoor fireplace to the heated spa pool with waterfall, built-in grill and sink. The independent carriage house opens up more possibilities. Situated over a two-car garage, it has a full kitchen, bedroom, bathroom and loft with ample space to sleep five. This one-of-a-kind home is part of WaterColor, an award winning community with swimming pools and trails designed for eco-friendly transport around the area by golf cart or bicycle. Go kayaking and paddle boarding or play tennis without even leaving the resort. WaterColor Crossings is a hub for shopping and dining and the white sands at Seagrove Beach are just a mile away. Walking, hiking, swimming, golf and enjoying nature are all part of living in this prestigious Gulf-front community in Santa Rosa Beach.

Last Agent to Sell the Property

Blake Morar Group

Scenic Sotheby's International Realty Listed on: 04/23/2020

Last Buyer's Agent

The Jonathan Hill Team

30A Local Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,445

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 105 x 65
  • Partially Fenced Property

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Beach House
  • Metal Roof
  • Wood Trim
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 4,300 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Built-in Bookshelves
  • Woodwork
  • Wainscoting
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Upgraded Media Wing
  • Bonus Room
  • Screened Porch

Kitchen

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

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Outdoor Kitchen

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • High Efficiency Heating System
  • Air Source Heat Pump
  • Underground Utilities
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25420-000-0760

Community Details

Overview

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

Amenities

  • Picnic Area
  • Community Pavilion

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,445

Year Built

Built in 2008

Lot Details

0

HOA Fees

$530 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 105 x 65
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: From the Watercolor entrance on 395 (across from Publix) turn right at the stop sign onto West Lake Forest and follow it to Bluejack Street.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2008
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Rooms:Living Room: Yes
  • Energy:Heat High Efficiency: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Bonus Room: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Underground: Yes
  • Rooms:Screened Porch: Yes
  • Energy:Heat Pump AA Two: Yes
  • Energy:Storm Doors: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Dual Fuel, Washer, Wine Refrigerator
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Fireplace 2+, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Guest Quarters, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Upgraded Media Wing, Walls Wainscoting, Window Treatment All, Woodwork Painted
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: 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
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Appliances:Security System: Yes
  • Appliances:StoveOven Dual Fuel: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Ceiling Beamed: Yes
  • Interior:Guest Quarters2: Yes
  • Interior:Fireplace 2: Yes
  • Interior:Walls Wainscoting: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Foundation On Piling, Roof Metal, Siding CmntFbrHrdBrd, Trim Wood
  • Exterior Features: Fenced Lot-Part, Guest Quarters, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Porch Open, Porch Screened, Shower, Summer Kitchen
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Shower: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Porch Screened: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Exterior:Guest Quarters: Yes
  • Exterior:Pool - Gunite Concrt: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Garage Attached: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Heat Pump A/A Two +
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Deed Access, Exercise Room, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool
  • Association #2 Fee: 1590.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Master Association, Recreational Faclty

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25420-000-0760
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16444.81
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
Aug 10, 2020
Sold by
O & R Properties Llc
Bought by
Tam Vincent K and Tam Melanie
Seller's Agent
Blake Morar Group
Scenic Sotheby's International Realty
Buyer's Agent
The Jonathan Hill Team
30A Local Real Estate
List Price
$2,640,000
Sold Price
$2,640,000
Current Estimated Value
$4,422,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,782,115
Avg. Annual Appreciation
10.98%
Original Mortgage
$1,980,000
Outstanding Balance
$1,776,035
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,663,193

Purchase Details

Closed on
Aug 17, 2011
Sold by
Brooks Lisa Marie Borges and Brooks Robert Scott
Bought by
O & R Properties Llc

Purchase Details

Closed on
Sep 23, 2003
Sold by
St Joe Arvida Home Building Lp
Bought by
Brooks Robert Scott and Brooks Lisa Marie Borges

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,284
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List 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
Tam Vincent K $2,640,000 Attorney
O & R Properties Llc $1,565,000 Neighborhood Title Group
Brooks Robert Scott $241,500 Residential Cmnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tam Vincent K $1,980,000
Closed Tam Vincent K $1,980,000
Previous Owner Brooks Robert Scott $195,000
Previous Owner Brooks Robert Scott $217,284
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $2,640,000 0.0% $614 / Sq Ft
07/05/2020 07/05/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $2,640,000 -- $614 / 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 $27,255 $3,536,067 $753,636 $2,782,431
2023 $27,255 $2,444,655 $0 $0
2022 $24,391 $3,087,780 $836,536 $2,251,244
2021 $19,557 $2,020,376 $731,685 $1,288,691
2020 $16,823 $1,685,251 $669,400 $1,015,851
2019 $16,445 $1,655,907 $649,903 $1,006,004
2018 $15,964 $1,601,026 $0 $0
2017 $15,629 $1,576,881 $612,596 $964,285
2016 $15,336 $1,532,566 $0 $0
2015 $14,963 $1,472,011 $0 $0
2014 -- $1,519,122 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 845111

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25420-000-0760