NOT LISTED FOR SALE

Estimated Value: $4,399,000 - $5,194,000

5 Beds
5.5 Baths
4,619 Sq Ft
$1,066/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $2,750,000 $595 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $29,870/month

134 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Heated In Ground Pool
  • Bay Elementary School Rated A-
  • Deeded access to the beach
  • Fishing

About This Home

As of March 2020

Fresh from the pages of the prestigious ''Cottage Style'' magazine, this three-story Florida cottage combines Cara McBroom design from Lovelace Interiors with an enviable WaterColor lifestyle.
From the moment you step inside you are ushered through the house by the beautiful Oak floors so you can throw open the triple sets of French doors leading to the pool and listen, you know this is where you belong. There's nothing to disturb the peace and tranquility apart from the sound of happy birdsong and the breeze in the pine trees.
The immaculate interior features classic timeless dcor including shiplap throughout, tying the home to its natural surroundings. The gourmet kitchen will thrill gourmands with its white marble counter-tops, high-end appliances, built-in coffee and latte maker, wine cooler and ice maker which make entertaining a pleasure. It connects with the open living space so you can relax in front of the fireplace with your favorite music emanating softly through the SONOS sound system. The Oak Wood flooring and featured beamed ceiling flow seamlessly into the open dining area for enjoying a meal in relaxed style.

Backing onto protected native greenery, the private covered deck transitions to an outdoor kitchen and fireplace for lazy barbecues at any time of year. Additional and private peaceful outdoor space can be found on the front porch and second floor decks; one off the master and the other off the second-floor private study area. The third floor, with its treetop vistas, features a bunk room, media room and den/flex room.

WaterColor Beach amenities outshine the rest with an award-winning Beach Club undergoing a $15M renovation that is almost complete with two new restaurants and two additional pools, including one with a "zero" entry for easy access. The newly completed Camp WaterColor includes a Lazy River and water slide  perfect for youngsters of all ages! Wooded trails and green parks can be explored by hiking or bicycle and the fully stocked boathouse provides access for kayaking, paddle boarding and fishing on Western Lake. It's all part of the WaterColor lifestyle.

Last Agent to Sell the Property

Randy Carroll

Scenic Sotheby's International Realty License #3278329 Listed on: 09/05/2019

Scenic Sotheby's International Realty

Co-Listed By

Kimberly Beckman

Scenic Sotheby's International Realty License #3382229

Last Buyer's Agent

Rachel Hutchings

Compass License #3331472

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,365

Year Built

  • Built in 2013

Lot Details

  • 138,981 Acre Lot
  • Lot Dimensions are 55 x 104 x 55 x 110
  • Property fronts a state road
  • Back Yard Fenced
  • Level Lot
  • Sprinkler System
  • Lawn Pump

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

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

Interior Spaces

  • 4,619 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Built-in Bookshelves
  • Shelving
  • Beamed Ceilings
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Insulated Doors
  • Sitting Room
  • Dining Room
  • Home Office
  • Play Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Doors

Pool

  • Heated In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Lock
  • Balcony
  • Open Patio
  • Outdoor Kitchen
  • Built-In Barbecue
  • Porch

Schools

  • Dune Lakes Elementary School
  • Seaside Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Underground Utilities
  • Water Tap Fee Is Paid
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25420-000-0150

Community Details

Overview

  • Association fees include accounting, advertising, ground keeping, insurance, land recreation, legal, management, master, security, sewer, cable TV, trash
  • Watercolor Subdivision
  • Handicap Modified Features In Community

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

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

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,365

Year Built

Built in 2013

Lot Details

0

HOA Fees

$500 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 138981.0
  • Lot Size: 55 x 104 x 55 x 110
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: EDR3
  • Co List Office Phone: 850-231-6052
  • Subdivision Name: WaterColor
  • Directions: From HWY 98 take head south on highway 283 to Hwy 30A. Left ( east on 30A) to WaterColor. Left into WaterColor; house is in Phase 3 - Lake District
  • Architectural Style: Beach House
  • New Construction: No
  • Efficiency: Doors
  • Building Stories: 3
  • Year Built: 2013
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Dining Room: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:Insulated Doors: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Sitting Room: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Underground: Yes
  • Rooms:Office2: Yes
  • Rooms:Play Room: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Fire Alarm/Sprinkler, Ice Machine, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Gas, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Fireplace, Fireplace Gas, Floor Hardwood, Furnished - All, Lock Out, Owner's Closet, Shelving, Wet Bar, Window Treatment All
  • Window Features: Double Pane Windows
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Ice Machine: 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
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Appliances:Security System: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Shelving: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Interior:Fireplace: Yes
  • Interior:Ceiling Beamed: Yes

Exterior Features

  • Lot Features: Level
  • Pool Features: Pool Type
  • Construction Type: Foundation On Piling, Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Balcony, BBQ Pit/Grill, Fenced Back Yard, Hot Tub, Lawn Pump, Patio Open, Pool - Heated, Pool - In-Ground, Porch, Porch Open, Shower, Sprinkler System, Summer Kitchen
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Lawn Pump: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Covered
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Community Sewer, Electric, Phone, Public Sewer, Public Water, Tap Fee Paid, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Deed Access, Dock, Dumpster, Exercise Room, Fishing, Handicap Provisions, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1500.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Advertising, Ground Keeping, Insurance, Land Recreation, Legal, Management, Master Association, Security, Sewer, Cable TV, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 6054012360.0
  • Parcel #: 15-3S-19-25420-000-0150
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
Mar 6, 2020
Sold by
179 Scrub Oak Llc
Bought by
Bander Family Holdings Llc
Seller's Agent
Randy Carroll
Scenic Sotheby's International Realty
Buyer's Agent
Rachel Hutchings
Compass
List Price
$2,750,000
Sold Price
$2,750,000
Current Estimated Value
$4,926,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,176,024
Avg. Annual Appreciation
11.12%
Original Mortgage
$2,062,500
Outstanding Balance
$1,054,882
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$3,840,628

Purchase Details

Listed on
Jul 29, 2013
Closed on
Nov 22, 2013
Sold by
Tri R Property Llc
Bought by
179 Scrub Oak Llc
Seller's Agent
Andy Wiggins
The Beach Group Properties LLC
Buyer's Agent
John D'amico Jr
Pelican Real Estate
List Price
$2,050,000
Sold Price
$2,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$1,612,500
Interest Rate
4.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2011
Sold by
Rosenfield William and Gunas Gary
Bought by
Tri R Property Llc

Purchase Details

Closed on
Nov 4, 2004
Sold by
Brockman Henry W and Brockman Mary C
Bought by
Rosenfield William and Gunas Gary

Purchase Details

Closed on
Feb 24, 2004
Sold by
St Joe Arvida Home Building Lp
Bought by
Brw Builders Of Destin Inc

Purchase Details

Closed on
Nov 18, 2003
Sold by
St Joe Arvida Home Building Lp
Bought by
Brockman Henry W and Brockman Mary 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
5.93%
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
Bander Family Holdings Llc $2,750,000 Attorney
179 Scrub Oak Llc $2,050,000 Mcgill Escrow & Title Llc
Tri R Property Llc $247,000 South Walton Title Inc
Rosenfield William $772,500 Mcneese Title Llc
Brw Builders Of Destin Inc $291,500 Residential Cmnty Title Co
Brockman Henry W $336,500 Residential Cmnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bander Family Holdings Llc $2,062,500
Previous Owner 179 Scrub Oak Llc $1,612,500
Previous Owner Brockman Henry W $302,784
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $2,750,000 0.0% $595 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
09/05/2019 09/05/19 For Sale $2,750,000 +34.1% $595 / Sq Ft
11/22/2013 11/22/13 Sold $2,050,000 0.0% $507 / Sq Ft
07/31/2013 07/31/13 Pending -- -- --
07/29/2013 07/29/13 For Sale $2,050,000 -- $507 / 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 $30,365 $4,011,261 $979,727 $3,031,534
2023 $30,365 $2,752,745 $0 $0
2022 $27,288 $3,436,640 $1,087,497 $2,349,143
2021 $22,021 $2,274,995 $951,191 $1,323,804
2020 $19,241 $1,927,486 $870,220 $1,057,266
2019 $18,583 $1,871,213 $844,874 $1,026,339
2018 $18,053 $1,810,519 $0 $0
2017 $17,648 $1,780,638 $796,375 $984,263
2016 $17,303 $1,729,183 $0 $0
2015 $16,750 $1,647,849 $0 $0
2014 $17,950 $1,741,197 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 830783

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25420-000-0150