NOT LISTED FOR SALE

Estimated Value: $5,178,422 - $5,707,000

7 Beds
7.5 Baths
4,430 Sq Ft
$1,240/Sq Ft Est. Value

Last Sold August 16, 2017

Last sale price $3,100,000 $700 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $33,109/month

35 Days on Market

Highlights

  • Boat Dock
  • Beach
  • In Ground Pool
  • Dune Lakes Elementary School Rated A-
  • Upgraded Media Wing
  • Fishing

About This Home

As of August 2017

Park District in WaterColor! Perched on one of the best community locations available, walk to the beach, the WaterColor Beach Club, and the town center shops and restaurants from this gorgeous coastal retreat. A 6 Bed/6.5 Bath main home and 1 Bed/1 Ba carriage home over a two-car garage are connected by a covered Chicago brick patio featuring a private saltwater swimming pool with a waterfall feature. Outstanding finishes found throughout include hand scraped wire-brushed oak floors, shiplap walls, exposed beams, Calcutta marble countertops, mosaic tile bathrooms, built-in bunks and much more. The open-concept design plan makes entertaining large families and friends easy while spacious porches are perfect for soaking up the warm Gulf breeze. The attention to detail, exquisite dcor and desirable location make this home a must-see property! Located on 499 acres in the renowned South Walton Beaches, WaterColor was created with families in mind and offers the charm of small town life. Exceptional community amenities include six beautiful swimming pools, a Gulf front beach club, nature trails, a Boathouse offering kayaking, canoeing and paddleboarding, a fitness center, outstanding tennis facility, Camp WaterColor for kids, parks and lush green spaces.

Last Agent to Sell the Property

John Sullivan

Watersound Real Estate License #696250 Listed on: 06/20/2017

Watersound Real Estate

Last Buyer's Agent

Teresa Turner

Emeralda Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,305

Year Built

  • Built in 2011

Lot Details

  • Lot Dimensions are 41x138
  • Property fronts a county road

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

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

Interior Spaces

  • 4,430 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Built-in Bookshelves
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Dining Room
  • Upgraded Media Wing
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Dressing Area
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • Central Heating
  • Air Source Heat Pump
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25450-000-0050

Community Details

Overview

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

Amenities

  • Picnic Area

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,305

Year Built

Built in 2011

Lot Details

0

HOA Fees

$380 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 41x138
  • Road Frontage Type: County Road
  • Subdivision Name: WATERCOLOR
  • Directions: From Hwy 30A, turn north on
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2011
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Heat Pump AA Two: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Furnished - All
  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Double, Range Hood, Refrigerator, Security System, Smoke Detector, Washer, Wine Refrigerator
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Fireplace Gas
  • Fireplace: Yes
  • Flooring: Floor Hardwood
  • Interior Amenities: Built-In Bookcases, Ceiling Beamed, Ceiling Vaulted, Guest Quarters, Kitchen Island, Pantry, Upgraded Media Wing, Washer/Dryer Hookup, Wet Bar
  • Window Features: Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Security System: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes
  • Appliances:Oven Double: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Interior:Ceiling Beamed: Yes
  • Interior:Guest Quarters2: Yes

Exterior Features

  • Lot Features: Within 1/2 Mile to Water
  • Pool Features: Pool - In-Ground, Pool Type
  • Construction Type: Siding CmntFbrHrdBrd
  • Exterior Features: Shower
  • Foundation Details: Foundation On Piling
  • Patio And Porch Features: Patio Open, Porch Open
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: 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 Fans
  • Cooling Y N: Yes
  • Heating: Heat Pump A/A Two +, Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Natural, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Dock, Exercise Room, Fishing, Picnic Area, Playground, Pool, Tennis
  • Association #2 Fee: 1140.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25450-000-0050
  • Zoning: Resid Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2017
Closed on
Aug 16, 2017
Sold by
Desert Retreat Llc
Bought by
Fimi Resort Property Llc
Seller's Agent
John Sullivan
Watersound Real Estate
Buyer's Agent
Teresa Turner
Emeralda Realty
List Price
$3,100,000
Sold Price
$3,100,000
Current Estimated Value
$5,492,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,392,807
Avg. Annual Appreciation
7.37%
Original Mortgage
$1,500,000
Outstanding Balance
$1,247,524
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,245,283

Purchase Details

Listed on
Aug 11, 2014
Closed on
Aug 22, 2014
Sold by
Shadday Jarrett
Bought by
Desert Retreat Llc
Seller's Agent
The Cole Team
The Premier Property Group Seacrest Office
Buyer's Agent
John Sullivan
Scenic Sotheby's International Realty
List Price
$2,650,000
Sold Price
$2,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%

Purchase Details

Closed on
Jun 29, 2009
Sold by
The St Joe Company
Bought by
Shadday Jarrett
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
Fimi Resort Property Llc $3,100,000 Mcneese Title Llc
Desert Retreat Llc $2,650,000 None Available
Shadday Jarrett $532,300 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fimi Resort Property Llc $1,500,000
Previous Owner Shadday Jarrett E $1,495,098
Previous Owner Shadday Jarrett E $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Off Market $3,100,000 -- --
08/16/2017 08/16/17 Sold $3,100,000 0.0% $700 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $3,100,000 +17.0% $700 / Sq Ft
08/22/2014 08/22/14 Sold $2,650,000 0.0% $598 / Sq Ft
08/11/2014 08/11/14 For Sale $2,650,000 -- $598 / Sq Ft
08/08/2014 08/08/14 Pending -- -- --
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 $34,305 $4,254,735 $1,232,103 $3,022,632
2023 $34,305 $3,353,574 $0 $0
2022 $30,233 $3,500,013 $1,367,635 $2,132,378
2021 $26,828 $2,771,549 $1,196,216 $1,575,333
2020 $26,068 $2,611,384 $1,094,387 $1,516,997
2019 $25,176 $2,535,082 $1,062,512 $1,472,570
2018 $24,592 $2,466,280 $0 $0
2017 $23,924 $2,413,789 $1,001,520 $1,412,269
2016 $23,469 $2,345,352 $0 $0
2015 $22,433 $2,206,972 $0 $0
2014 $19,144 $1,856,972 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 777971

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25450-000-0050