NOT LISTED FOR SALE

Estimated Value: $3,473,000 - $3,829,000

5 Beds
5.5 Baths
3,151 Sq Ft
$1,182/Sq Ft Est. Value

Last Sold September 25, 2012

Last sale price $1,350,000 $428 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $22,710/month

1 Day on Market

Highlights

  • Deeded access to the beach
  • Florida Architecture
  • Wood Flooring
  • Bay Elementary School Rated A-
  • Cathedral Ceiling
  • Bonus Room

About This Home

As of September 2012

Stunning modern new construction on quiet street in Watercolor. Two blocks from 'Frog Pool' and a 3 minute bike ride to the Watercolor Tennis Club, this 5 bedroom, 5 bath home sleeps 12 comfortably. One bedroom consists of 4 built- in, full sized bunks. Clean modern lines and light colors offer a uniquely serene living space. Gourmet kitchen with Thermadore stainless appliances, Mystery White marble on large Island and 'floating' shelves replace conventional over the counter cabinetry. Kitchen opens to a large great room with a folding exterior door that allows the entire rear of the house to open to the spacious screened porch which has a fireplace and backs to the Western Lake Marsh. The great room also has a large wet bar with a separate ice maker and a dining area with a built in banquette. There is over 1650 sq ft of covered porches. Covered parking for 2 plus 2 off street parks. Spacious master bedroom has sitting/office area and opens to large screened porch which overlooks the Western Lake Marsh. Master bath is designed with light colors and natural stones for the relaxing and 'organic' spa like experience. Hand held shower fixtures and a rain shower. Soaker tub fills from ceiling, Separate dressing area and large closet with built ins. Bunk room and 2 other bedrooms on second floor open to a large screened porch. One en-suite bedroom on first floor. This property has tankless water heaters. Laundry room off of kitchen as well as W/D hookups on second floor. This modern and unique opportunity in Watercolor is a MUST SEE.

Last Agent to Sell the Property

Karen Wagner

Watersound Real Estate License #684100 Listed on: 08/09/2012

Last Buyer's Agent

Karen Holder

EXP Realty LLC License #3204689

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,744

Year Built

  • Built in 2012

Lot Details

  • Lot Dimensions are 55x110
  • Property fronts a private road
  • Property fronts a county road

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 3 Carport Spaces

Home Design

  • Florida Architecture

Interior Spaces

  • 3,151 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Bonus Room
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Covered Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25420-000-0130

Community Details

Overview

  • Watercolor Subdivision

Amenities

  • Picnic Area
  • Community Pavilion

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,744

Year Built

Built in 2012

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 55X110
  • Road Frontage Type: County Road, Private Road
  • Subdivision Name: WATERCOLOR
  • Directions: From 395 enter WaterColor take a right on Lake Forest, left on Needlerush to left on Scrub Oak. House on the left.
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2012
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Foyer: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Bonus Room: Yes
  • Rooms:Screened Porch: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Self Cleaning, Refrigerator W/IceMk
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Ceiling Cathedral, Fireplace, Floor Hardwood, Floor WW Carpet, Kitchen Island, Owner's Closet, Pantry
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Ceiling Cathedral: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Exterior Features: Balcony, Deck Enclosed, Porch Screened
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:Deck Enclosed: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 3.0
  • Parking Features: Carport
  • Parking Features:Carport3: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Access, Exercise Room, Pavillion/Gazebo, Picnic Area, Playground, Pool, Tennis, TV Cable
  • Association #2 Fee: 1050.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25420-000-0130
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2012
Closed on
Sep 25, 2012
Sold by
Sweetbink Llc
Bought by
Rbm Iii Of Louisiana Llc
Seller's Agent
Karen Wagner
Watersound Real Estate
Buyer's Agent
Karen Holder
EXP Realty LLC
List Price
$1,350,000
Sold Price
$1,350,000
Current Estimated Value
$3,725,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,375,246
Avg. Annual Appreciation
8.23%
Original Mortgage
$1,040,000
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2011
Sold by
Florida Tec Holdings Llc
Bought by
Sweetbink Llc

Purchase Details

Closed on
Apr 7, 2011
Sold by
Apostolou Gregory J and Andros Janye C
Bought by
Florida Tec Holdings Llc

Purchase Details

Closed on
Nov 3, 2003
Sold by
St Joe Arvida Home Building Lp
Bought by
Apostolou Gregory J and Andros Janye C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,784
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Rbm Iii Of Louisiana Llc $1,350,000 Mcneese Title Llc
Sweetbink Llc -- Blue Title Llc
Florida Tec Holdings Llc $275,000 Blue Title Llc
Apostolou Gregory J $336,500 Residential Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rbm Iii Of Louisiana Llc $885,000
Closed Rbm Iii Of Louisiana Llc $1,040,000
Previous Owner Apostolou Gregory J $308,887
Previous Owner Apostolou Gregory J $302,784
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2012 09/25/12 Sold $1,350,000 0.0% $428 / Sq Ft
08/10/2012 08/10/12 Pending -- -- --
08/09/2012 08/09/12 For Sale $1,350,000 -- $428 / 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 $24,744 $3,235,280 $979,727 $2,255,553
2023 $24,744 $2,231,565 $0 $0
2022 $22,433 $2,856,968 $1,087,497 $1,769,471
2021 $18,435 $1,966,216 $951,191 $1,015,025
2020 $16,737 $1,676,607 $870,220 $806,387
2019 $16,244 $1,635,727 $844,874 $790,853
2018 $15,793 $1,583,923 $0 $0
2017 $15,347 $1,548,384 $796,375 $752,009
2016 $15,102 $1,509,193 $0 $0
2015 $14,032 $1,395,058 $0 $0
2014 $13,449 $1,361,146 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 572602

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25420-000-0130