NOT LISTED FOR SALE

241 Red Cedar Way Santa Rosa Beach, FL 32459

WaterColor Neighborhood

Estimated Value: $4,661,000 - $5,655,000

7 Beds
6.5 Baths
4,776 Sq Ft
$1,108/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $5,000,000 $1,047 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $32,103/month

Highlights

  • Boat Dock
  • Beach
  • Home fronts a pond
  • Dune Lakes Elementary School Rated A-
  • Fishing
  • Pond View

About This Home

As of April 2022

A rare opportunity to own one of WaterColor's most prestigious properties. This beautiful home is situated on a corner lot overlooking a tranquil pond near providing a perfect view from the large porches and balconies. The first floor has a large open floor plan that feature fine details including hardwood floors, 12' ceilings, Wolf and Subzero appliances and marble countertops. Two large master bedrooms on the first and second floors. The second floor has two additional guest bedrooms and a bunk room. The third floor features six additional bunk beds. Another separate guest quarters is found the carriage house above the two car garage. A large outdoor living area complete with a fireplace for those memorable evenings. Perfect for a large family getaway, or rental investment.

Last Agent to Sell the Property

Janet Murphy

Scenic Sotheby's International Realty License #3253934 Listed on: 03/30/2022

Scenic Sotheby's International Realty

Last Buyer's Agent

Mike Vogel

Scenic Sotheby's International Realty License #3400712

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,681

Year Built

  • Built in 2013

Lot Details

  • Lot Dimensions are 56x117x55x128
  • Home fronts a pond

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Beach House

Interior Spaces

  • 4,776 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Living Room
  • Recreation Room
  • Pond Views

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Pond

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25415-000-0470

Community Details

Overview

  • Watercolor Subdivision

Amenities

  • Recreation Room

Recreation

  • Boat Dock
  • Beach
  • Tennis Courts
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,681

Year Built

Built in 2013

Lot Details

0

HOA Fees

$530 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 56X117X55X128
  • Subdivision Name: WATERCOLOR
  • Directions: Hwy 395 to WaterColor Phase 2. Left at stop sign. Right on Red Cedar.
  • Architectural Style: Beach House
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2013
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Rooms:Living Room: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Underground: Yes
  • Waterfront:Pond: Yes
  • Waterview:Pond2: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Master Bedroom:First: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Pond
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Parking Features:Garage3: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Dock, Exercise Room, Fishing, Tennis, Waterfront
  • Association #2 Fee: 1590.0
  • 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-19-25415-000-0470
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Apr 28, 2022
Sold by
Murphy Jennifer
Bought by
Mackintosh Alexander
Seller's Agent
Janet Murphy
Scenic Sotheby's International Realty
Buyer's Agent
Mike Vogel
Scenic Sotheby's International Realty
List Price
$5,000,000
Sold Price
$5,000,000
Current Estimated Value
$5,289,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,933
Avg. Annual Appreciation
1.26%
Original Mortgage
$2,900,000
Outstanding Balance
$2,730,748
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$2,483,943

Purchase Details

Listed on
Mar 30, 2022
Closed on
Apr 27, 2022
Sold by
Peyton Murphy
Bought by
Murphy Jennifer
Seller's Agent
Janet Murphy
Scenic Sotheby's International Realty
Buyer's Agent
Mike Vogel
Scenic Sotheby's International Realty
List Price
$5,000,000
Sold Price
$5,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,900,000
Outstanding Balance
$2,730,748
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$2,483,943

Purchase Details

Listed on
Nov 21, 2008
Closed on
May 16, 2012
Sold by
Williamson Kirk
Bought by
Murphy Peyton and Murphy Jennifer
Seller's Agent
Hunter Harman
Watersound Real Estate
Buyer's Agent
Rhonda Cloutier
Counts Real Estate Group Inc
List Price
$469,000
Sold Price
$469,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.82%

Purchase Details

Closed on
Jun 1, 2004
Sold by
Schoen Chris
Bought by
Williamson Kirk

Purchase Details

Closed on
Nov 15, 2002
Sold by
St Joe Arvida Home Building Lp
Bought by
Schoen Chris B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,460
Interest Rate
5.95%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mackintosh Alexander $5,000,000 Shoreline Title
Mackintosh Alexander $5,003,857 Shoreline Title
Murphy Jennifer $662,642 Shoreline Title
Murphy Peyton $469,000 Mcneese Title Llc
Williamson Kirk $495,000 Mcneese Title Llc
Schoen Chris B $719,300 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mackintosh Alexander $2,900,000
Previous Owner Murphy Peyton $400,000
Previous Owner Murphy Peyton P $1,120,000
Previous Owner Schoen Chris B $539,460
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $5,000,000 0.0% $1,047 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $5,000,000 +966.1% $1,047 / Sq Ft
05/16/2012 05/16/12 Sold $469,000 0.0% --
04/12/2012 04/12/12 Pending -- -- --
11/21/2008 11/21/08 For Sale $469,000 -- --
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 $35,681 $4,360,983 $728,139 $3,632,844
2023 $35,681 $3,926,839 $728,139 $3,198,700
2022 $26,456 $3,501,314 $808,234 $2,693,080
2021 $21,104 $2,295,836 $706,930 $1,588,906
2020 $18,761 $1,879,377 $646,752 $1,232,625
2019 $18,107 $1,823,234 $627,915 $1,195,319
2018 $16,875 $1,692,436 $0 $0
2017 $16,531 $1,667,890 $591,870 $1,076,020
2016 $16,226 $1,621,513 $0 $0
2015 $15,744 $1,548,875 $0 $0
2014 $15,971 $1,580,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Janet Murphy

    Scenic Sotheby's International Realty

    (404) 731-0668

    4 in this area

    87 Total Sales

    Janet Murphy
    Section Image
  • Mike Vogel

    Buyer's Agent in 2022

    Mike Vogel

    Scenic Sotheby's International Realty

    (904) 476-3191

    3 in this area

    140 Total Sales

    Mike Vogel
    Section Image
  • Hunter Harman

    Seller's Agent in 2012

    Hunter Harman

    Watersound Real Estate

    (850) 598-7011

    4 in this area

    349 Total Sales

    Hunter Harman
    Section Image

  • S

    Seller Co-Listing Agent in 2012

    Sterling Rainer

    Berkshire Hathaway HomeServices

  • R

    Buyer's Agent in 2012

    Rhonda Cloutier

    Counts Real Estate Group Inc

    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 894444

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25415-000-0470

Florida Walton County Santa Rosa Beach 32459 WaterColor

241 Red Cedar Way, Santa Rosa Beach, FL

This home is located at 241 Red Cedar Way, Santa Rosa Beach, FL 32459 since 30 March 2022 and is currently estimated at $5,289,933, approximately $1,107 per square foot. This property was built in 2013. 241 Red Cedar Way is a home located in Walton County with nearby schools including Dune Lakes Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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