NOT LISTED FOR SALE

Estimated Value: $1,698,980 - $1,921,000

2 Beds
3 Baths
1,490 Sq Ft
$1,232/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $1,740,000 $1,168 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $10,992/month

29 Days on Market

Highlights

  • Beach
  • Gated Community
  • Florida Architecture
  • Dune Lakes Elementary School Rated A-
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of May 2023

This charming beach cottage in the highly coveted Watersound Beach community boasts two generously sized bedrooms and three full bathrooms. The first floor impresses with Pacific Shell Stone flooring and soaring 18-foot ceilings, while the well-appointed kitchen dazzles with custom features including Carrera marble countertops, Kohler stainless sink & faucet, under-cabinet lighting, and stainless-steel appliances. The master suite offers a peaceful retreat with its high vaulted ceilings, providing an ideal space to unwind after a fun day at the beach or pool. The upstairs features an ensuite guest bedroom, offering additional comfort and privacy. This property is conveniently located near the pristine white sandy beaches and provides easy access to all the vibrant amenities of the 30A lifestyle. ** All information to be verified by the Buyer.

Last Agent to Sell the Property

Beau Blankenship

Christies International Real Estate Emerald Coast Listed on: 03/28/2023

Christies International Real Estate Emerald Coast

Last Buyer's Agent

Jason Rust

Compass License #3485571

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,261

Year Built

  • Built in 2006

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 42x111
  • Property fronts a private road
  • Property fronts a county road
  • Property fronts an easement
  • Irregular Lot

HOA Fees

  • $433 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Florida Architecture

Interior Spaces

  • 1,490 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-in Bookshelves
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Dining Room
  • Screened Porch
  • Home Security System

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20-3S-18-16013-000-0050

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, master, recreational faclty, security, cable TV, trash
  • Watersound Beach Ph 4 Subdivision
  • The community has rules related to covenants, exclusive easements

Recreation

  • Beach
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,261

Year Built

Built in 2006

Lot Details

0

HOA Fees

$433 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 42X111
  • Road Frontage Type: County Road, Private Road
  • Road Surface Type: Paved
  • Subdivision Name: WATERSOUND BEACH PH 4
  • Directions: Travel through gates of Watersound Beach, tell guard where you are going. Take the first left, home will be on the left hand side parking behind the home.
  • Architectural Style: Florida Cottage
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2006
  • Remarks Misc:Remarks: This charming beach cottage in the highly coveted Watersound Beach community boasts two generously sized bedrooms and three full bathrooms. The first floor impresses with Pacific Shell Stone flooring and soaring 18-foot ceilings, while the well-appointed kitchen dazzles with custom features including Carrera marble countertops, Kohler stainless sink & faucet, under-cabinet lighting, and stainless-steel appliances. The master suite offers a peaceful retreat with its high vaulted ceilings, providing an ideal space to unwind after a fun day at the beach or pool. The upstairs features an ensuite guest bedroom, offering additional comfort and privacy.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Dining Room: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Security System, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Vaulted, Fireplace, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Window Treatment All
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Security System: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Fireplace: Yes
  • Interior:Ceiling Beamed: Yes

Exterior Features

  • Lot Features: Covenants, Easements, Irregular, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Exterior Features: Patio Enclosed, Porch Screened
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Easements: Yes
  • Lot Features:Covenants: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:Patio Enclosed: Yes
  • Lot Features:Irregular: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features: Carport
  • General Property Info:Garage2: No
  • Parking Features:Carport3: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Exercise Room, Gated Community, Pool
  • Association #2 Fee: 1300.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Master Association, Recreational Faclty, Security, Cable TV, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 20-3S-18-16013-000-0050
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8261.11
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
May 12, 2023
Sold by
Townsend Real Estate Trust
Bought by
Gillespie Family Revocable Living Trust
Seller's Agent
Beau Blankenship
Christies International Real Estate Emerald Coast
Buyer's Agent
Jason Rust
Compass
List Price
$1,775,000
Sold Price
$1,740,000
Premium/Discount to List
-$35,000
-1.97%
Views
3
Current Estimated Value
$1,817,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,381
Avg. Annual Appreciation
2.08%
Original Mortgage
$1,392,000
Outstanding Balance
$1,349,464
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$486,031

Purchase Details

Closed on
Jun 1, 2016
Sold by
Schultheis Thomas E and Schultheis Janet L
Bought by
Townsend Cynthia Denise and Townsend Real Estate Trust

Purchase Details

Closed on
Jan 17, 2013
Sold by
Welton William A
Bought by
Schultheis Thomas E and Schultheis Janet L

Purchase Details

Closed on
Dec 13, 2012
Sold by
Welton William A
Bought by
Welton William A and Collins Margaret A

Purchase Details

Closed on
Nov 27, 2012
Sold by
Welton William A and Welton Magaret
Bought by
Welton William

Purchase Details

Closed on
Sep 27, 2007
Sold by
St Joe Home Building Lp
Bought by
Welton William A and Welton Margaret
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gillespie Family Revocable Living Trust $1,740,000 Mcneese Title
Townsend Cynthia Denise $860,000 Mcneese Title Llc
Schultheis Thomas E $724,500 None Available
Welton William A -- Attorney
Welton William -- None Available
Welton William A $650,000 Residential Cmnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillespie Family Revocable Living Trust $1,392,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2023 05/15/23 Sold $1,740,000 -2.0% $1,168 / Sq Ft
04/08/2023 04/08/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $1,775,000 0.0% $1,191 / Sq Ft
03/19/2023 03/19/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $1,775,000 -- $1,191 / 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
2025 $11,986 $1,326,499 $750,000 $576,499
2024 $10,633 $1,323,768 $740,520 $583,248
2023 $10,633 $1,065,987 $0 $0
2022 $10,468 $1,357,786 $821,977 $535,809
2021 $8,605 $897,221 $575,161 $322,060
2020 $7,995 $800,892 $478,363 $322,529
2019 $7,516 $756,790 $464,430 $292,360
2018 $7,911 $793,344 $0 $0
2017 $7,752 $782,135 $438,165 $343,970
2016 $7,169 $742,872 $0 $0
2015 $6,802 $708,578 $0 $0
2014 $5,861 $568,578 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 918675

Emerald Coast Association of REALTORS®

APN: 20-3S-18-16013-000-0050