NOT LISTED FOR SALE

Estimated Value: $3,487,908 - $4,455,000

5 Beds
5.5 Baths
3,605 Sq Ft
$1,088/Sq Ft Est. Value

Last Sold June 26, 2019

Last sale price $2,275,000 $631 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $24,025/month

6 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Upgraded Media Wing
  • Dune Lakes Elementary School Rated A-
  • Deeded access to the beach
  • Fishing

About This Home

As of June 2019

This brand new custom built home offers large, open living areas. The kitchen has marble countertops, upgraded appliances, a large island, an ice maker and wine cooler. Hardwood floors are throughout the home. There are over 500 square feet of porches on the first floor including a grilling porch next to the screen porch. With 5 bedrooms and 5.5 baths, there is plenty of room for guests. The bunk room has 4 built in bunks and its own bathroom. This lot is centrally located for you to enjoy all that Watercolor living has to offer. Amenities include: community pools, Beach Club, nature trails, kayaking, canoeing, fitness center, tennis and Camp WaterColor. Centrally located to the best dining, unique boutique shopping, bike paths and some of the most challenging golf courses the gulf coast has to offer. Easy access to Hwy 98, allowing you to explore the nearby cities of Destin or Panama City Beach, as well as, the Northwest Florida Beaches International Airport. Call for more details!

Last Agent to Sell the Property

Robert Scott Crompton

Douglas Elliman License #3312608 Listed on: 05/22/2019

Douglas Elliman

Last Buyer's Agent

Teresa Turner

Emeralda Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,765

Year Built

  • Built in 2013 | Remodeled

Lot Details

  • Lot Dimensions are 54 x 121 x 106 x 54
  • Back Yard Fenced
  • Sprinkler System

HOA Fees

  • $472 Monthly HOA Fees

Home Design

  • Beach House
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 3,605 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Shelving
  • Crown Molding
  • Beamed Ceilings
  • Recessed Lighting
  • Great Room
  • Upgraded Media Wing
  • 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

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 1 Attached Carport Space
  • Golf Cart Parking

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Covered Deck
  • Open Patio
  • Outdoor Kitchen

Schools

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

Utilities

  • Multiple cooling system units
  • Central Air
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14-3S-19-25400-000-0390

Community Details

Overview

  • Association fees include accounting, legal, management, recreational faclty, cable TV, trash
  • Watercolor Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Game Room
  • Recreation Room

Recreation

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

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,765

Year Built

Built in 2013 | Remodeled

Lot Details

0

HOA Fees

$1,050 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 54 X 121 X 106 X 54
  • Subdivision Name: Watercolor
  • Directions: Enter in to WaterColor at the WaterColor Publix Shopping Center off Hwy 395 @ W. Lake Forest Drive. Left on Pine Needle Way, 193 Pine Needle will be down on the left.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2013
  • ResoBuildingAreaSource: Appraiser
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Screened Porch: Yes
  • Rooms:Great Room: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Fire Alarm/Sprinkler, Ice Machine, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Dual Fuel, Warranty Provided, Washer, Wine Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Ceiling Beamed, Ceiling Crwn Molding, Floor Hardwood, Floor Marble, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Renovated, Shelving, Upgraded Media Wing, Washer/Dryer Hookup, Wet Bar, Window Treatmnt Some
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Fire AlarmSprinkler: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Warranty Provided: 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:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:StoveOven Dual Fuel: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Shelving: Yes
  • Interior:Wet Bar: Yes
  • Interior:Floor Marble: Yes
  • Interior:Ceiling Beamed: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Deck Covered, Deck Enclosed, Deck Open, Fenced Back Yard, Patio Covered, Patio Enclosed, Patio Open, Porch, Renovated, Shower, Sprinkler System, Summer Kitchen
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Deck Covered: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Deck Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Patio Enclosed: Yes
  • Exterior:Deck Enclosed: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Carport Attached, Covered, Golf Cart Covered
  • Parking Features:Carport Attached: Yes
  • Parking Features:Covered: Yes
  • Parking Features:Golf Cart Covered: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Gas - Natural, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dock, Exercise Room, Fishing, Game Room, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable
  • Association #2 Fee: 1415.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Legal, Management, Recreational Faclty, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 14-3S-19-25400-000-0390
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12764.79
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2019
Closed on
Jun 18, 2019
Sold by
Franks James C D
Bought by
Fuentes Glora E
Seller's Agent
Robert Scott Crompton
Douglas Elliman
Buyer's Agent
Teresa Turner
Emeralda Realty
List Price
$2,275,000
Sold Price
$2,275,000
Current Estimated Value
$3,922,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,647,977
Avg. Annual Appreciation
9.12%
Original Mortgage
$1,706,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 24, 2018
Closed on
Aug 3, 2018
Sold by
Li Jean and Jean Li Revocable Trust
Bought by
Frank James C D
Seller's Agent
Jimmy Burgess
Berkshire Hathaway HomeServices
Buyer's Agent
Emerald Coast Beach Properties
Berkshire Hathaway HomeServices
List Price
$1,682,300
Sold Price
$1,682,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.84%
Original Mortgage
$1,512,387
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2012
Closed on
Mar 8, 2013
Sold by
39 Cypress Cove Llc
Bought by
Li Jean
Seller's Agent
Sterling Rainer
Berkshire Hathaway HomeServices
Buyer's Agent
Karen Holder
The Beach Group Properties LLC
List Price
$1,260,000
Sold Price
$1,260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Mar 30, 2012
Sold by
Ohara Timothy
Bought by
39 Cypress Cove Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
3.97%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 15, 2011
Sold by
Geiger Karen L
Bought by
Ohara Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2004
Sold by
Phillips Edward R
Bought by
Geiger Karen L

Purchase Details

Closed on
Feb 13, 2004
Sold by
St Joe Arvida Home Building Lp
Bought by
Phillips Edward R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,700
Interest Rate
5.87%
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
Fuentes Glora E $2,275,000 Provident Title Llc
Frank James C D $1,682,300 None Available
Li Jean $1,260,000 None Available
39 Cypress Cove Llc $175,000 Attorney
Ohara Tim $260,000 None Available
Geiger Karen L $475,000 Mcneese Title Llc
Phillips Edward R $206,500 Residential Cmnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuentes Gloria E $1,631,573
Closed Fuentes Glora E $1,706,250
Previous Owner Frank James C D $1,512,387
Previous Owner 39 Cypress Cove Llc $182,000
Previous Owner Ohara Tim $182,000
Previous Owner Phillips Edward R $185,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Off Market $1,260,000 -- --
04/29/2020 04/29/20 Off Market $2,275,000 -- --
06/26/2019 06/26/19 Sold $2,275,000 0.0% $631 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $2,275,000 +35.2% $631 / Sq Ft
08/03/2018 08/03/18 Sold $1,682,300 0.0% $470 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
02/24/2018 02/24/18 For Sale $1,682,300 +33.5% $470 / Sq Ft
03/08/2013 03/08/13 Sold $1,260,000 0.0% $387 / Sq Ft
02/25/2013 02/25/13 Pending -- -- --
09/19/2012 09/19/12 For Sale $1,260,000 -- $387 / 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 $24,893 $3,578,472 $582,511 $2,995,961
2023 $24,893 $2,287,497 $0 $0
2022 $21,595 $2,609,288 $646,587 $1,962,701
2021 $18,844 $2,004,280 $565,544 $1,438,736
2020 $17,156 $1,718,631 $517,402 $1,201,229
2019 $14,019 $1,411,675 $502,332 $909,343
2018 $13,601 $1,364,066 $0 $0
2017 $12,765 $1,287,902 $473,496 $814,406
2016 $12,527 $1,251,898 $0 $0
2015 $12,036 $1,195,423 $0 $0
2014 $10,978 $1,064,923 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 809620

Emerald Coast Association of REALTORS®

APN: 14-3S-19-25400-000-0390