NOT LISTED FOR SALE

Estimated Value: $3,221,064 - $4,090,000

4 Beds
3.5 Baths
2,348 Sq Ft
$1,482/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $1,800,000 $767 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $20,407/month

7 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Gulf View
  • Bay Elementary School Rated A-
  • In Ground Pool
  • Gated Community

About This Home

As of August 2020

Beautiful pool home just one house from the beach in Water's Edge! The gorgeous emerald waters and white sand is just steps from the home's private pool. The second level of the homes features a spacious open plan with a recently remodeled kitchen and covered porches with gulf views. Off the living area is the first of two master suites that feature renovated baths. The second master suite occupies the top level of the home and has a private porch overlooking the pool and has views of the gulf. Two more guest bedrooms, bath, laundry, and a 2-car garage are on the first level. The lovely pool and patio can be accessed from both of the guest bedrooms. The proximity to the beach, private pool, and location all make this a great vacation rental or a wonderful family retreat. Water's Edge is quaint, gated coastal community adjacent to Rosemary Beach and east of Alys Beach. Residents enjoy private beach access and the many area restaurants and shops just a short stroll away. Live the beach life!

Last Agent to Sell the Property

Tami Moats

The Premier Property Group Seacrest Office License #3220204 Listed on: 07/14/2020

Last Buyer's Agent

Michelle Perry

Scenic Sotheby's International Realty License #3307253

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,543

Year Built

  • Built in 1999

Lot Details

  • Lot Dimensions are 85 x 33
  • Property fronts a private road
  • Back Yard Fenced
  • Level Lot

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 2,348 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 35-3S-18-16070-00B-0100

Community Details

Overview

  • Association fees include management, master
  • Water's Edge Subdivision

Recreation

  • Beach

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,543

Year Built

Built in 1999

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 85 x 33
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: WATER'S EDGE
  • Directions: From 98 and 30a, travel west through Rosemary Beach. Water's Edge is immediately after and adjacent to Rosemary on your left. Gate code required.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1999
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:AC - 2 or More: Yes
  • Rooms:Great Room: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Floor Hardwood, Floor Tile, Furnished - All, Window Treatment All
  • Window Features: Double Pane Windows
  • Appliances Dishwasher: 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
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Lot Features: Level, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd, Slab
  • Exterior Features: Balcony, Fenced Back Yard, Patio Covered, Pool - In-Ground, Shower
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Covered: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Pool - In-Ground: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Gated Community
  • Association #2 Fee: 750.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Management, Master Association

Schools

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

Lot Info

  • Parcel #: 35-3S-18-16070-00B-0100
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Aug 28, 2020
Sold by
Adcox James M and The Westgate Circle Trust
Bought by
Hollowell William W and Hollowell Leesa B
Seller's Agent
Tami Moats
The Premier Property Group Seacrest Office
Buyer's Agent
Michelle Perry
Scenic Sotheby's International Realty
List Price
$1,800,000
Sold Price
$1,800,000
Current Estimated Value
$3,368,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,568,848
Avg. Annual Appreciation
13.59%
Original Mortgage
$1,440,000
Outstanding Balance
$1,292,327
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,094,489

Purchase Details

Listed on
Oct 24, 2017
Closed on
Mar 27, 2018
Sold by
Water Edge I Llc
Bought by
Adcox James M and Wastegate Circle Trust
Seller's Agent
Beau Blankenship
Christies International Real Estate Emerald Coast
Buyer's Agent
Tami Moats
The Premier Property Group Seacrest Office
List Price
$1,565,000
Sold Price
$1,565,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Original Mortgage
$2,122,500
Interest Rate
4.38%

Purchase Details

Closed on
Jun 23, 2005
Sold by
Webber Kevin and Webber Lori
Bought by
Waters Edge I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$885,000
Interest Rate
5.54%

Purchase Details

Closed on
Dec 12, 2003
Sold by
Seacrest One Llc
Bought by
Webber Kevin and Webber Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$873,000
Interest Rate
6.03%

Purchase Details

Closed on
Apr 4, 2002
Sold by
Nrbt Llc
Bought by
Seacrest One Llc

Purchase Details

Closed on
Dec 18, 2001
Sold by
Nrbt Llc
Bought by
Seacrest One Llc
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
Hollowell William W $1,800,000 Setco Services Llc
Adcox James M $1,565,000 Blue Title Llc
Waters Edge I Llc $733,800 --
Webber Kevin $985,000 Coastal Title Group Inc
Seacrest One Llc -- --
Seacrest One Llc $612,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hollowell William W $1,440,000
Previous Owner Adcox James M $2,122,500
Previous Owner Waters Edge I Llc $885,000
Previous Owner Webber Kevin $873,000
Previous Owner Nrbt Llc $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $1,800,000 0.0% $767 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $1,800,000 +15.0% $767 / Sq Ft
03/27/2018 03/27/18 Sold $1,565,000 0.0% $667 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
10/24/2017 10/24/17 For Sale $1,565,000 -- $667 / 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 $20,543 $2,707,278 $937,500 $1,769,778
2023 $20,543 $1,848,366 $0 $0
2022 $17,408 $2,098,953 $730,646 $1,368,307
2021 $14,786 $1,527,575 $613,505 $914,070
2020 $12,431 $1,245,271 $561,280 $683,991
2019 $12,079 $1,216,263 $544,932 $671,331
2018 $11,803 $1,183,715 $0 $0
2017 $11,132 $1,165,744 $514,113 $651,631
2016 $10,632 $1,139,102 $0 $0
2015 $10,722 $1,202,358 $0 $0
2014 -- $978,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 850779

Emerald Coast Association of REALTORS®

APN: 35-3S-18-16070-00B-0100