NOT LISTED FOR SALE

254 Red Cedar Way Santa Rosa Beach, FL 32459

WaterColor Neighborhood

Estimated Value: $3,100,000 - $3,690,000

4 Beds
4.5 Baths
3,288 Sq Ft
$1,035/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $1,727,000 $525 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $21,123/month

161 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Beach House
  • Bay Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of January 2021

Custom home with rental revenue over $140,000/yr! This luxury home is being sold furnished, with 5 bikes, and all the outdoor furniture needed for over 2,000 sq. ft in porches! Combined with 3 fireplaces, there is ample space for both indoor and outdoor gatherings. The lot is adjacent to a 10' buffered bike path adding extra space between homes. Spacious, open living with ample room for family and friends. New paint and outdoor decks freshly stained. The master bedroom features a beamed coffered ceiling, cottage wainscoting, custom maple closets as well as a bath that features an Ultra Bain Air Jacuzzi tub, and double shower heads in the spa-like shower with split-face European stone. Each guest bath features tumbled marble tile floors and intricate mosaic marble tile showers, as well as custom hand rubbed antique finish cabinets and Fleur de Lis high-end reproduction plumbing fixtures. Kitchen features include granite countertops and 2 sinks. The kitchen island adds extra room in addition to the large round dining table and built-in breakfast nook. For either a 2nd home or investment property, this home checks all the boxes.

Last Agent to Sell the Property

Chris Sause

Berkshire Hathaway HomeServices PenFed Realty License #3233999 Listed on: 05/05/2020

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Dale Stackable

Berkshire Hathaway HomeServices PenFed Realty License #3053047

Last Buyer's Agent

R. Southern & J. Skinner

Rosemary Beach Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,598

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 60 x 100

HOA Fees

  • $530 Monthly HOA Fees

Home Design

  • Beach House
  • Pitched Roof
  • Metal Roof
  • Wood Trim
  • Cement Board or Planked

Interior Spaces

  • 3,288 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Furnished
  • Built-in Bookshelves
  • Shelving
  • Woodwork
  • Crown Molding
  • Paneling
  • Wainscoting
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Area
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Attached Carport Space
  • Guest Parking
  • Golf Cart Parking

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Balcony
  • Deck
  • Built-In Barbecue
  • Porch

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Underground Utilities
  • Water Tap Fee Is Paid
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25415-000-0060

Community Details

Overview

  • Association fees include accounting, management, master, recreational faclty, security, cable TV, trash
  • Watercolor Subdivision
  • The community has rules related to covenants

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,598

Year Built

Built in 2007

Lot Details

0

HOA Fees

$530 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 60 X 100
  • Road Surface Type: Paved
  • Co List Office Mls Id: EPNF
  • Co List Office Phone: 850-267-0013
  • Subdivision Name: WATERCOLOR
  • Directions: Traveling West on Hwy 98 turn Left onto Hwy. 395 (south) and follow to Watercolor Crossings / Publix. Turn Right into Watercolor and at the Stop Sign, turn left onto Western Lake Drive and continue to Red Cedar Way - 254 is on the left.
  • Architectural Style: Beach House
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2007
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Central Vacuum, Cooktop, Dishwasher, Dryer, Microwave, Oven Double, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Ceiling Tray/Cofferd, Fireplace 2+, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Shelving, Walls Paneled, Walls Wainscoting, Window Treatment All, Woodwork Painted
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Shelving: Yes
  • Appliances:Oven Double: Yes
  • Interior:Built-In Bookcases: Yes
  • Appliances:Central Vacuum: Yes
  • Interior:Fireplace 2: Yes
  • Interior:Walls Wainscoting: Yes
  • Interior:Walls Paneled: Yes

Exterior Features

  • Lot Features: Covenants, Curb & Gutter
  • Pool Features: Pool Type
  • Construction Type: Roof Metal, Roof Pitched, Siding CmntFbrHrdBrd, Trim Wood
  • Exterior Features: Balcony, BBQ Pit/Grill, Deck Open, Fireplace, Porch, Porch Open, Shower
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Exterior:BBQ PitGrill: Yes
  • Lot Features:Curb Gutter: Yes
  • Exterior:Fireplace2: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Carport Attached, Covered, Golf Cart Covered, Guest
  • General Property Info:Garage2: No
  • Parking Features:Guest: Yes
  • Parking Features:Carport Attached: Yes
  • Parking Features:Covered: Yes
  • Parking Features:Golf Cart Covered: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Deed Access, Exercise Room, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1590.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25415-000-0060
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13598.28
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2020
Closed on
Jan 21, 2021
Sold by
Geiger Karen L
Bought by
Dc Beach Properties Llc
Seller's Agent
Chris Sause
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
R. Southern & J. Skinner
Rosemary Beach Realty LLC
List Price
$1,727,000
Sold Price
$1,727,000
Current Estimated Value
$3,404,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,677,210
Avg. Annual Appreciation
15.90%
Original Mortgage
$1,381,600
Outstanding Balance
$1,238,716
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$2,165,494

Purchase Details

Closed on
Jul 9, 2004
Sold by
Eastern Cove Lot 6 Llc
Bought by
Geiger Karen L

Purchase Details

Closed on
Apr 23, 2004
Sold by
Toups Troy M
Bought by
Eastern Cove Lot 6 Llc

Purchase Details

Closed on
Mar 5, 2003
Sold by
St Joe Arvida Home Building Lp
Bought by
Toups Troy M
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
Dc Beach Properties Llc $1,727,000 Rodgers Kiefer Title
Geiger Karen L $560,000 Mcneese Title Llc
Eastern Cove Lot 6 Llc $2,000,000 Sunbelt Title Agency
Toups Troy M $291,500 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dc Beach Properties Llc $140,500
Open Dc Beach Properties Llc $1,381,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $1,727,000 0.0% $525 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $1,727,000 0.0% $525 / Sq Ft
02/04/2018 02/04/18 Off Market $6,000 -- --
02/04/2018 02/04/18 Off Market $6,000 -- --
02/04/2018 02/04/18 Off Market $4,800 -- --
06/01/2014 06/01/14 Rented $6,000 0.0% --
05/12/2014 05/12/14 Under Contract -- -- --
03/26/2014 03/26/14 For Rent $6,000 0.0% --
01/01/2014 01/01/14 Rented $6,000 0.0% --
01/01/2014 01/01/14 Under Contract -- -- --
10/08/2013 10/08/13 For Rent $6,000 +25.0% --
05/28/2012 05/28/12 Rented $4,800 0.0% --
05/28/2012 05/28/12 Under Contract -- -- --
01/12/2012 01/12/12 For Rent $4,800 -- --
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 $24,542 $2,953,580 $640,762 $2,312,818
2023 $24,542 $2,700,999 $640,762 $2,060,237
2022 $23,053 $2,487,586 $711,246 $1,776,340
2021 $15,707 $1,694,592 $622,099 $1,072,493
2020 $14,087 $1,411,229 $569,142 $842,087
2019 $13,598 $1,369,275 $552,565 $816,710
2018 $12,884 $1,292,131 $0 $0
2017 $12,531 $1,264,329 $520,846 $743,483
2016 $12,363 $1,235,509 $0 $0
2015 $11,976 $1,178,148 $0 $0
2014 -- $1,159,068 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Sause

    Seller's Agent in 2021

    Chris Sause

    Berkshire Hathaway HomeServices PenFed Realty

    (850) 225-1591

    2 in this area

    113 Total Sales

    Chris Sause
    Section Image
  • Dale Stackable

    Seller Co-Listing Agent in 2021

    Dale Stackable

    Berkshire Hathaway HomeServices PenFed Realty

    (850) 699-1885

    6 in this area

    22 Total Sales

    Dale Stackable
    Section Image

  • R

    Buyer's Agent in 2021

    R. Southern & J. Skinner

    Rosemary Beach Realty LLC

  • N

    Seller's Agent in 2014

    Nina Mccaslin-Horn

    Scenic Sotheby's International Realty

    (850) 685-0198

    44 Total Sales

    Nina Mccaslin-Horn
    Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 845699

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25415-000-0060

Florida Walton County Santa Rosa Beach 32459 WaterColor

254 Red Cedar Way, Santa Rosa Beach, FL

This home is located at 254 Red Cedar Way, Santa Rosa Beach, FL 32459 since 05 May 2020 and is currently estimated at $3,404,210, approximately $1,035 per square foot. This property was built in 2007. 254 Red Cedar Way is a home located in Walton County with nearby schools including Bay 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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