NOT LISTED FOR SALE

Estimated Value: $3,065,000 - $3,564,000

3 Beds
5 Baths
2,908 Sq Ft
$1,122/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $1,462,500 $503 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $20,022/month

58 Days on Market

Highlights

  • Beach
  • Heated In Ground Pool
  • Vaulted Ceiling
  • Bay Elementary School Rated A-
  • Fishing
  • Beach House

About This Home

As of April 2019

This NEW Romair Construction home boasts a master suite on the first floor, open concept living, private heated pool and outdoor fireplace. The second level has 2 additional bedrooms, plus 6 built in bunks, additional living area and a reading nook. Quality craftsmanship can be seen throughout all the details of this home. Hardwood floors throughout, marble countertops, raised ceiling, custom cabinets, professional, chef style appliances throughout kitchen and more. 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

Hunter Harman

Watersound Real Estate License #3551555 Listed on: 01/31/2019

Watersound Real Estate

Last Buyer's Agent

Angela Taylor

Berkshire Hathaway HomeServices License #3409634

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,877

Year Built

  • Built in 2018

Lot Details

  • Lot Dimensions are 45x115
  • Back Yard Fenced

HOA Fees

  • $490 Monthly HOA Fees

Home Design

  • Beach House
  • Cement Board or Planked

Interior Spaces

  • 2,908 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Family Room
  • Living Room
  • Dining Area
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Heated In Ground Pool
  • Covered Deck

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Central Air
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25425-000-0060

Community Details

Overview

  • Watercolor Subdivision

Amenities

  • Picnic Area
  • Community Pavilion

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Community Whirlpool Spa
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,877

Year Built

Built in 2018

Lot Details

0

HOA Fees

$490 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 45x115
  • Subdivision Name: WATERCOLOR
  • Directions: Enter Watercolor from Hwy 395. Go to the stop sign and turn right on East Lake Forest. Follow that road to Phase 3 and turn on Cove Hollow. Turn left on Bluestem Ln. Home is 2nd lot on the right.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2018
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Energy:AC - High Efficiency: Yes
  • Rooms:Dining Area: Yes
  • Utilities:Underground: Yes
  • Rooms:Family Room: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Microwave, Stove/Oven Gas
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Floor Hardwood
  • Interior Amenities: Ceiling Raised
  • Master Bedroom:First: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:StoveOven Gas: Yes

Exterior Features

  • Pool Features: Pool - Heated, Pool - In-Ground, Pool Type
  • Construction Type: Siding CmntFbrHrdBrd
  • Exterior Features: Fenced Back Yard
  • Patio And Porch Features: Deck Covered
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Deck Covered: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Fireplace2: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Phone, Public Water, Underground

Condo/Co-op/Association

  • Community Features: Beach, Exercise Room, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 1470.0
  • 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-19-25425-000-0060
  • Zoning: Resid Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2019
Closed on
Apr 26, 2019
Sold by
Long Leaf Park Lot 6 Llc
Bought by
Jaidi Mekki Y and Jaidi Jane
Seller's Agent
Hunter Harman
Watersound Real Estate
Buyer's Agent
Angela Taylor
Berkshire Hathaway HomeServices
List Price
$1,462,500
Sold Price
$1,462,500
Total Days on Market
58
Current Estimated Value
$3,265,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,802,922
Avg. Annual Appreciation
13.55%
Original Mortgage
$484,350
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2012
Sold by
6 Watercolor Llc
Bought by
Long Leaf Park Lot 6 Llc

Purchase Details

Closed on
Feb 29, 2012
Sold by
Oakhurst Development Inc
Bought by
6 Watercolor Llc

Purchase Details

Closed on
Dec 28, 2011
Sold by
Mccreery Jon E
Bought by
Oakhurst Development Inc

Purchase Details

Closed on
Oct 24, 2011
Sold by
Kelley Roger
Bought by
Mccreery Jon E

Purchase Details

Closed on
Apr 12, 2005
Sold by
Mccreery Jon E
Bought by
Kelley Roger and Mccreery Jon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.88%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 21, 2004
Sold by
Tucker Malcom B and Tucker Elizabeth P
Bought by
Mccreery Jon E
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
Jaidi Mekki Y $1,462,500 Burke Law And Title Llc
Long Leaf Park Lot 6 Llc $400,000 Attorney
6 Watercolor Llc $275,000 Mcneese Title Llc
Oakhurst Development Inc $210,600 None Available
Mccreery Jon E $112,500 Attorney
Kelley Roger $799,000 Southern Escrow & Title Llc
Mccreery Jon E $585,000 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaidi Mekki Y $1,750,000
Closed Jaidi Mekki Y $646,000
Closed Jaidi Mekki Y $484,350
Previous Owner Long Leaf Park Lot 6 Llc $948,088
Previous Owner Kelley Roger $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2019 04/26/19 Sold $1,462,500 0.0% $503 / Sq Ft
03/30/2019 03/30/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $1,462,500 -- $503 / 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 $20,877 $2,730,253 $1,250,000 $1,480,253
2023 $20,877 $1,916,929 $0 $0
2022 $19,283 $2,457,118 $782,213 $1,674,905
2021 $15,675 $1,655,346 $684,171 $971,175
2020 $14,377 $1,440,217 $625,931 $814,286
2019 $13,591 $1,398,278 $607,700 $790,578
2018 $5,430 $590,000 $0 $0
2017 $5,301 $612,596 $612,596 $0
2016 $5,039 $589,035 $0 $0
2015 $4,746 $550,500 $0 $0
2014 $3,505 $340,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 780334

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25425-000-0060