$1,073,000
SOLD APR 9, 2014
4 Beds
4.5 Baths
2,472 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$434 Per Sq Ft

380 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Fishing
  • Bay Elementary School Rated A-
  • Golf Course Community
  • Lake View

About This Home

As of July 2021

List price based on being sold furnished, but Seller will look at any offers reflecting prices Unfurnished! New Exterior paint and color has been completed. New Colors are Grant Beige - Body Color Dove Wing - Trim Rockport Gray - Accent This home was professionally decorated and looks like a model home! All furnishings included! Outstanding custom features in this unique Watercolor Home by Camp Watercolor. 4 bedrooms, 4 1/2 Baths, This Watercolor home also offers Two Master bedrooms on 1st and 2nd floors with additional bedroom and bunk Plus 33x11 Sitting area/Rec Room on 2nd floor.Security system. Entire house and outdoor porches pre-wired for sound...surround sound in living area and upstairs sitting area. Check out the the Unique oyster shell, tabby, masonry fireplace in the Living area which opens to the kitchen/dining room. Top of the line Wolf appliances and sub-zero refrigerator, custom cabinets, granite countertops with glass tile backsplashes. All plumbing fixtures, lighting is top of the line with Travertine flooring throughout home and hardwood flooring in bedrooms. 10' ceilings. Gas outdoor lighting. Screened porches on 1st and 2nd floor...1590 square feet of porches/balconies for viewing the spectacular natural surroundings of Watercolor including lakes and Wood Fern Park. Adjacent to to Camp Watercolor and Wood Fern Park. Close to all of the ammenities WaterColor has to offer including tennis, biking, canoeing, fishing, shopping, restaurants. See attached Rental Projection $83,685

Last Agent to Sell the Property

Vicki Gordon

Compass License #3213854 Listed on: 02/18/2013

Compass

Last Buyer's Agent

John Cunningham

RE/MAX Coastal Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,013

Year Built

  • Built in 2006 | Under Construction

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 106.87x92.47

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 2,472 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Recreation Room
  • Bonus Room
  • Lake Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • High Efficiency Air Conditioning
  • Central Air
  • Water Tap Fee Is Paid
  • Gas Water Heater
  • Community Sewer or Septic
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25415-000-0450

Community Details

Overview

  • Watercolor Subdivision

Recreation

  • Boat Dock
  • Beach
  • Golf Course Community
  • Community Playground
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,013

Year Built

Built in 2006 | Under Construction

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 106.87X92.47
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: Enter WaterColor from 30A go around Cerulean Park turn right on Western Lake Drive.Go over bridge past Tennis Courts, then turn Left on Red Cedar Way. House is on the Right 179 Red Cedar Way.
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2006
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Utilities:Tap Fee Paid: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Bonus Room: Yes
  • Waterview:Lake2: Yes
  • Energy:Water Heater - Gas: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater - Gas
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Window Features: Double Pane Windows
  • Master Bedroom:First: Yes

Exterior Features

  • View: Lake
  • Construction Type: Siding CmntFbrHrdBrd
  • Property Condition: Under Construction
  • ConstructionSiding:Roof Metal: Yes
  • Construction Status:Under Construction: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Sewer: Community Sewer, Public Sewer
  • Utilities: Electric, Phone, Public Water, Tap Fee Paid, TV Cable, Other
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Dock, Exercise Room, Fishing, Golf, Playground, Pool, TV Cable
  • Association #2 Fee: 991.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 15-3S-19-25415-000-0450
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2021
Sold by
Red Cedar Way I Llc
Bought by
Red Cedar Way Development Llc
Current Estimated Value
$3,156,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
3.14%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 5, 2021
Closed on
Jul 2, 2021
Sold by
Smith Geoff Wade and Smith Melissa J
Bought by
Red Cedar Way I Llc and Red Cedar Way Ii Llc
Seller's Agent
30A Dream Team
Corcoran Reverie SRB
Buyer's Agent
The Walton Group
Berkshire Hathaway HomeServices
List Price
$2,500,000
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%

Purchase Details

Listed on
Feb 18, 2013
Closed on
Apr 7, 2014
Sold by
Bayou Mechanical Inc
Bought by
Smith Geoff Wade and Smith Melissa J
Seller's Agent
Vicki Gordon
Compass
Buyer's Agent
John Cunningham
RE/MAX Coastal Properties
List Price
$1,073,000
Sold Price
$1,073,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.39%
Original Mortgage
$804,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2004
Sold by
Shiver Steve and Shiver Jane D
Bought by
Bayon Mechanical Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,844
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2002
Sold by
St Joe Arvida Home Building Lp
Bought by
Shiver Steve and Shiver Jane D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,300
Interest Rate
6.08%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $2,500,000 Citywide Title Corporation
Warranty Deed $1,073,000 Attorney
Warranty Deed $369,900 --
Special Warranty Deed $246,500 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,373,000 New Conventional
Closed $1,750,000 Future Advance Clause Open End Mortgage
Previous Owner $750,000 New Conventional
Previous Owner $804,750 New Conventional
Previous Owner $332,844 Purchase Money Mortgage
Previous Owner $226,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $2,500,000 0.0% $974 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $2,500,000 +133.0% $974 / Sq Ft
04/09/2014 04/09/14 Sold $1,073,000 0.0% $434 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
02/18/2013 02/18/13 For Sale $1,073,000 -- $434 / 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 $19,013 $2,277,510 $582,511 $1,694,999
2023 $19,013 $2,092,518 $582,511 $1,510,007
2022 $17,795 $1,920,125 $646,587 $1,273,538
2021 $12,502 $1,343,261 $565,544 $777,717
2020 $11,262 $1,128,166 $517,402 $610,764
2019 $10,997 $1,107,356 $502,332 $605,024
2018 $10,330 $1,035,950 $0 $0
2017 $10,151 $1,024,194 $473,496 $550,698
2016 $9,946 $993,947 $0 $0
2015 $9,671 $951,433 $0 $0
2014 -- $921,107 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 591436

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25415-000-0450