NOT LISTED FOR SALE

Estimated Value: $4,015,000 - $4,867,000

5 Beds
4.5 Baths
3,774 Sq Ft
$1,131/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $3,200,000 $848 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $26,030/month

55 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Fishing
  • Dune Lakes Elementary School Rated A-
  • Deeded access to the beach
  • Newly Painted Property

About This Home

As of August 2022

This is the BEST BUY in WaterColor and offers 3 levels of elegantly appointed living space! Enter the home from the inviting covered porch and walk into the first floor featuring 4 bedrooms & 3 full bathrooms. The master bedroom suite is on the first floor and has a spacious bath featuring double sink vanities, separate tub and shower. There is a grand staircase leading to the 2nd level with lots of windows. Upstairs you will find the showstopper in this home - a LARGE open living and dining space - an ideal gathering space for family and friends! The kitchen comes fully equipped with island, & opens up to generous living and dining space with lots of natural light, high ceilings with wooden beams in the living room, gas fireplace, & custom built-in You will love all the French doors with transoms! The porches on the 1st and 2nd levels of this home wrap around the home and provide another dimension of outdoor living space. On the 3rd level, you'll find a loft, half bath, storage space, and an architectural ladder leading to the roof where there is an open porch with spectacular views of WaterColor. Come check out this amazing home today!

Last Agent to Sell the Property

Teresa Turner

Scenic Sotheby's International Realty License #270204 Listed on: 04/30/2022

Scenic Sotheby's International Realty

Last Buyer's Agent

Dawn Royall

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,251

Year Built

  • Built in 2005

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 58x110
  • Corner Lot
  • Interior Lot
  • Level Lot

HOA Fees

  • $534 Monthly HOA Fees

Home Design

  • Beach House
  • Newly Painted Property
  • Pitched Roof
  • Metal Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,774 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Built-in Bookshelves
  • Woodwork
  • Crown Molding
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Sitting Room
  • Living Room
  • Dining Area
  • Loft
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Covered Patio or Porch

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Underground Utilities
  • Tankless Water Heater
  • Multiple Water Heaters
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25420-000-0300

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, internet service, land recreation, legal, licenses/permits, management, recreational faclty, repairs/maintenance, security, cable TV, trash
  • Watercolor Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Community Pavilion

Recreation

  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,251

Year Built

Built in 2005

Lot Details

0

HOA Fees

$534 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Lot Size: 58x110
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: Traveling South on 395, turn R at the traffic light by Publix onto W Lake Forest and then turn R at the stop sign to stay on W Lake Forest. Go .4 miles and turn L onto Needlerush. Go .16 mile on Needlerush and home is on the left at the corner of Needlerush and Scrub Oak.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2005
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Covered Porch: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Dining Area: Yes
  • Rooms:Sitting Room: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Rooms:Loft: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Energy:Heat - Two or More: Yes
  • Energy:Water Heater - Two: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Vaulted, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Split Bedroom, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Split Bedroom: 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:Ceiling Vaulted: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Interior:Woodwork Painted: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Ceiling Beamed: Yes

Exterior Features

  • Lot Features: Corner, Covenants, Interior, Level, Restrictions, Survey Available, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Foundation On Piling, Roof Metal, Roof Pitched, Siding CmntFbrHrdBrd
  • Exterior Features: Porch, Porch Open, Shower
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • Exterior:Porch: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Lot Features:Corner: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Dock, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable
  • Association #2 Fee: 1602.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Land Recreation, Legal, Licenses/Permits, Management, Recreational Faclty, Repairs/Maintenance, Security, Cable TV, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 15-3S-19-25420-000-0300
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13251.08
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2022
Closed on
Aug 1, 2022
Sold by
Anzalone John A and Macpherson Wendy
Bought by
Woodvale Investments Llc
Seller's Agent
Teresa Turner
Scenic Sotheby's International Realty
Buyer's Agent
Dawn Royall
Berkshire Hathaway HomeServices
List Price
$3,595,000
Sold Price
$3,200,000
Premium/Discount to List
-$395,000
-10.99%
Current Estimated Value
$4,268,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,068,004
Avg. Annual Appreciation
9.77%
Original Mortgage
$3,240,000
Interest Rate
5.81%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 2, 2020
Closed on
Jan 14, 2021
Sold by
Grambergs Richard W and Grambergs Carol Ann
Bought by
Anzalone John A and Anzalone Wendy Macpherson
Seller's Agent
Beau Blankenship
Christies International Real Estate Emerald Coast
Buyer's Agent
Teresa Turner
Emeralda Realty
List Price
$2,150,000
Sold Price
$2,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.46%
Original Mortgage
$1,612,500
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2010
Sold by
Grambergs Laura K
Bought by
Grambergs Richard W

Purchase Details

Closed on
Sep 18, 2003
Sold by
St Joe Arvida Home Building Lp
Bought by
Grambergs Richard W and Grambergs Laura K
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
Woodvale Investments Llc $3,200,000 Rushing Law Firm Pllc
Anzalone John A $2,150,000 Mcneese Title Llc
Grambergs Richard W $250,000 Attorney
Grambergs Richard W $236,500 Residential Cmnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodvale Investments Llc $200,000
Closed Woodvale Investments Llc $50,000
Closed Woodvale Investments Llc $3,240,000
Closed Woodvale Investments Llc $360,000
Previous Owner Anzalone John A $1,612,500
Previous Owner Grambergs Richard W $250,000
Previous Owner Grambergs Richard W $505,000
Previous Owner Grambergs Richard W $500,000
Previous Owner Grambergs Richard W $432,159
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $3,200,000 -11.0% $848 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
04/30/2022 04/30/22 For Sale $3,595,000 +67.2% $953 / Sq Ft
01/15/2021 01/15/21 Sold $2,150,000 0.0% $601 / Sq Ft
12/02/2020 12/02/20 Pending -- -- --
12/02/2020 12/02/20 For Sale $2,150,000 -- $601 / 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 $29,052 $3,262,065 $753,636 $2,508,429
2023 $29,052 $3,197,317 $753,636 $2,443,681
2022 $25,070 $2,705,233 $836,536 $1,868,697
2021 $13,251 $1,406,600 $0 $0
2020 $13,475 $1,387,179 $669,400 $717,779
2019 $13,148 $1,361,256 $649,903 $711,353
2018 $13,117 $1,315,540 $0 $0
2017 $12,747 $1,286,114 $612,596 $673,518
2016 $12,625 $1,261,620 $0 $0
2015 $11,980 $1,200,516 $0 $0
2014 $11,682 $1,206,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 897182

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25420-000-0300