25 N Founders Ln Inlet Beach, FL 32413
Watersound Neighborhood
5
Beds
7
Baths
4,134
Sq Ft
6,708
Sq Ft Lot
Highlights
- Boat Dock
- Beach
- Heated Pool
- Bay Elementary School Rated A-
- Deeded access to the beach
- Fishing
About This Home
As of July 2020A home where memories are made and traditions created. Designed by Architect Geoff Chick and solidly constructed by BRW Builders, this home joined by a carriage house over the garage and private courtyard with pool in WaterSound Beach is located along a pedestrian boardwalk that leads directly to the beach! A trellised arbor with lovely creeping vines provides a backdrop for the heated Cox pool with jets and fountain, situated inside the private courtyard nestled between the main house and carriage house. Oversized pavers interspersed with mungo grass are laid on the diagonal throughout the courtyard and lead to a comfortable covered porch. Just inside is a convenient wet bar with sink, ice maker and mini-fridge, off of which is a ground-level living area with charming wood beamed coffered ceiling. The level of architectural character along with the quality of construction and detail given to every feature of this captivating home will certainly satisfy even the most discriminating buyer. Beautiful Brazilian ipe hardwood floors carry throughout the principle living areas and all bedrooms as well as up the light-filled central staircase. A residential elevator enhances ease of access between the two floors. Three guest suites with private baths complete the ground level. The second level gives way to an immense great room with vaulted wood beamed ceiling and wall of windows that invites sunshine into the heart of the home. The living area features a vented gas fireplace. The open kitchen with breakfast bar that comfortably seats four features Calacatta marble counters with mosaic backsplash, a Shaw fire clay apron sink as well as a professional-grade appliance package that includes a Thermador Pro-harmony 48-inch 6-burner gas range with griddle, Thermador double convection ovens, Thermador dishwasher, Marvel wine cooler and Scotsman ice maker. The second-level master suite features wood walls, a wood beamed coffered ceiling and private covered porch joined by a bath with double vanity, free-standing soaking tub, walk-in shower with stationary head and separate wand adjacent to the built-in bench, water closet and walk-in closet with built-in organization system. The carriage house features a living area, bedroom area, private bath and kitchenette equipped with a sink, mini-fridge and microwave. The upscale furnishings found throughout fully complement the comfortable elegance created by its simple yet sophisticated finishes. There is not another gated community south of Scenic Highway 30A that provides the same degree of amenities and true neighborhood feel brought to you by WaterSound Beach. Secluded parks, miles of scenic boardwalk and a mile of white sand beach tucked behind soaring dunes are joined by over an acre of landscaped putting greens, a fitness center, pools, poolside grill and 24-hour security. Come join the Watersound Beach community where all paths lead to the Sea.
Last Agent to Sell the Property
Scenic Sotheby's International Realty License #3012860 Listed on: 09/20/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,959
Year Built
- Built in 2011
Lot Details
- Lot Dimensions are 110 x 61
- Sprinkler System
HOA Fees
- $370 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Beach House
Interior Spaces
- 4,134 Sq Ft Home
- 3-Story Property
- Family Room
- Dining Room
- Gulf Views
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Shower Only
Pool
- Heated Pool
- Outdoor Shower
Outdoor Features
- Deeded access to the beach
Schools
- Bay Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Central Air
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 20-3S-18-16012-000-0630
Community Details
Overview
- Association fees include accounting, ground keeping, land recreation, recreational faclty, security, cable TV, trash
- Watersound Beach Subdivision
Amenities
- Sauna
- Recreation Room
Recreation
- Boat Dock
- Beach
- Community Playground
- Community Pool
- Fishing
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 13, 2020
Closed on
Jul 17, 2020
Sold by
Manasco Shon and Manasco Noelle
Bought by
Schuler Kevin Alan and Schuler Greta Metts
Seller's Agent
Bernadette Flannery
Scenic Sotheby's International Realty
Buyer's Agent
Hilary & Jacob
Corcoran Reverie SRB
List Price
$2,600,000
Sold Price
$2,600,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,054,657
Avg. Annual Appreciation
11.88%
Original Mortgage
$1,100,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 20, 2012
Closed on
Dec 28, 2012
Sold by
Byers Loring S
Bought by
Manasco Shon and Manasco Noelle
Seller's Agent
Peggy Geppert
Scenic Sotheby's International Realty
Buyer's Agent
Bernadette Flannery
Scenic Sotheby's International Realty
List Price
$2,175,000
Sold Price
$2,175,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Original Mortgage
$999,999
Interest Rate
3.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 30, 2009
Sold by
Cohen Eliot D and Cohen Bonnie S
Bought by
Byers Loring S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 18, 2009
Sold by
The St Joe Company
Bought by
Cohen Eliot D and Cohen Bonnie S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 23, 2005
Sold by
St Joe Home Building Lp
Bought by
Cohen Eliot D and Cohen Bonnie S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,600,000 | Attorney | |
| Warranty Deed | $2,175,000 | Mcneese Title Llc | |
| Warranty Deed | $460,000 | Mcneese Title Llc | |
| Corporate Deed | -- | Mcneese Title Llc | |
| Special Warranty Deed | $931,500 | Residential Cmnty Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,500,000 | New Conventional | |
| Closed | $1,100,000 | New Conventional | |
| Previous Owner | $999,999 | New Conventional | |
| Previous Owner | $375,000 | Purchase Money Mortgage | |
| Previous Owner | $500,000 | Unknown | |
| Previous Owner | $830,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2020 07/17/20 | Sold | $2,600,000 | 0.0% | $604 / Sq Ft |
| 06/10/2020 06/10/20 | Pending | -- | -- | -- |
| 02/13/2020 02/13/20 | For Sale | $2,600,000 | +19.5% | $604 / Sq Ft |
| 06/23/2019 06/23/19 | Off Market | $2,175,000 | -- | -- |
| 12/31/2012 12/31/12 | Sold | $2,175,000 | 0.0% | $526 / Sq Ft |
| 11/23/2012 11/23/12 | Pending | -- | -- | -- |
| 09/20/2012 09/20/12 | For Sale | $2,175,000 | -- | $526 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $25,959 | $3,179,679 | $1,031,791 | $2,147,888 |
| 2023 | $25,959 | $2,507,370 | $0 | $0 |
| 2022 | $24,733 | $3,300,290 | $1,145,288 | $2,155,002 |
| 2021 | $20,058 | $2,072,206 | $801,391 | $1,270,815 |
| 2020 | $19,109 | $1,914,303 | $666,520 | $1,247,783 |
| 2019 | $22,712 | $2,287,024 | $647,107 | $1,639,917 |
| 2018 | $22,054 | $2,211,833 | $0 | $0 |
| 2017 | $21,158 | $2,168,847 | $610,509 | $1,558,338 |
| 2016 | $19,091 | $1,907,833 | $0 | $0 |
| 2015 | $18,588 | $1,828,697 | $0 | $0 |
| 2014 | $18,362 | $1,781,197 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bernadette Flannery
B
Seller's Agent in 2020
Bernadette Flannery
Scenic Sotheby's International Realty
(850) 226-3020
6 in this area
43 Total Sales
-
H
Buyer's Agent in 2020
Hilary & Jacob
Corcoran Reverie SRB
-
Peggy Geppert
P
Seller's Agent in 2012
Peggy Geppert
Scenic Sotheby's International Realty
(850) 543-1457
1 Total Sale
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 584221
APN: 20-3S-18-16012-000-0630
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