NOT LISTED FOR SALE

Estimated Value: $3,395,000 - $3,876,000

5 Beds
5.5 Baths
2,821 Sq Ft
$1,307/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $3,725,000 $1,320 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $22,247/month

137 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Fishing
  • Dune Lakes Elementary School Rated A-
  • Cabana
  • Maid or Guest Quarters

About This Home

As of November 2022

Minutes from the Gulf of Mexico, Town Center and Beach Club in Phase I of WaterColor, this Florida Cottage is located on an incredible homesite maximized to take advantage of the outdoor living space. There are no more homesites like this available in Phase I. Located on a corner lot just off 30A, this 5 bedroom, 5 bathroom home features approximately 1200 sft. of outdoor double porches, all hardwood pine floors, plantation shutters, with an open living/dining/kitchen floor plan. First floor contains a spacious guest bedroom with en suite bath. Master Bedroom is located on the second floor with access to the porch and views of Western Lake, 30A and all the activty in Town Center/Beach Club. There are 2 additional guest bedrooms w each having its own baths. The detached single car garage with Carriage house has queen size bed, small kitchen area and separate bath with access to its own washer and dryer and outdoor bath for pool access. Incredible outdoor space with Fireplace, cabana area, large Pool with an abundance of space for out door chairs and playing. Pool is heated and pool heater replaced in 2018. New garage door panels, recently repainted bedrooms, added 2 bunk beds in 3rd guest room and replaced some furniture pieces. Located in close proximity to all of WaterColor's many amenities....only a bike ride or a short stroll to the WaterColor Beach Club, the beautiful Gulf of Mexico, Town Center with the retail stores and restaurants.

Last Agent to Sell the Property

Brad Dahler

Scenic Sotheby's International Realty License #3431506 Listed on: 05/21/2022

Scenic Sotheby's International Realty

Last Buyer's Agent

Brad Dahler

Scenic Sotheby's International Realty License #3431506 Listed on: 05/21/2022

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,353

Year Built

  • Built in 2006

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 74x100x46x100
  • Back Yard Fenced
  • Corner Lot
  • Property is zoned Deed Restrictions, Resid

HOA Fees

  • $534 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Florida Architecture

Interior Spaces

  • 2,821 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Fireplace
  • Plantation Shutters
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Cabana
  • In Ground Pool

Outdoor Features

  • Balcony
  • Outdoor Kitchen
  • Gazebo
  • Porch

Schools

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

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25401-000-0010

Community Details

Overview

  • Association fees include trash
  • Watercolor Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,353

Year Built

Built in 2006

Lot Details

0

HOA Fees

$490 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 74x100x46x100
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: From 30A in WaterColor headed east take the first left onto Buttercup St. House is first one on the left corner. From 30A in WaterColor headed west go to Buttercup St. and turn right. House is on first house on left corner.
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2006
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Floor Hardwood, Floor Tile, Furnished - All, Guest Quarters, Kitchen Island, Pantry, Plantation Shutters, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Plantation Shutters: Yes
  • Interior:Guest Quarters2: Yes

Exterior Features

  • Lot Features: Corner, Covenants, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Exterior Features: Balcony, Cabana, Fenced Back Yard, Fireplace, Guest Quarters, Pavillion/Gazebo, Pool - In-Ground, Porch, Summer Kitchen
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • Exterior:Balcony: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Pool - In-Ground: Yes
  • Lot Features:Corner: Yes
  • Exterior:PavillionGazebo: Yes
  • Exterior:Fireplace2: Yes
  • Exterior:Guest Quarters: Yes
  • Exterior:Summer Kitchen: Yes
  • Exterior:Cabana: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Dock, Exercise Room, Fishing, Pets Allowed, Picnic Area, Playground, Pool, Tennis
  • Association #2 Fee: 1602.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 15-3S-19-25401-000-0010
  • Zoning: Deed Restrictions, Resid
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 19352.67
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Nov 14, 2022
Sold by
Green Alligator Llc
Bought by
Cumberland Capital Gp
Seller's Agent
Brad Dahler
Scenic Sotheby's International Realty
Buyer's Agent
Brad Dahler
Scenic Sotheby's International Realty
List Price
$3,995,000
Sold Price
$3,725,000
Premium/Discount to List
-$270,000
-6.76%
Views
62
Current Estimated Value
$3,686,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,988
Avg. Annual Appreciation
-0.50%
Original Mortgage
$2,607,500
Outstanding Balance
$1,328,936
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$2,343,880

Purchase Details

Listed on
May 9, 2020
Closed on
Sep 14, 2020
Sold by
Templeton Development Llc
Bought by
Green Alligator Llc
Seller's Agent
Brad Dahler
Scenic Sotheby's International Realty
Buyer's Agent
Brad Dahler
Scenic Sotheby's International Realty
List Price
$2,525,000
Sold Price
$2,525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.62%

Purchase Details

Listed on
Mar 25, 2018
Closed on
Apr 30, 2018
Sold by
Watercolor Buttercupllc
Bought by
Templeton Deelopment Llc
Seller's Agent
Linda Campbell
Watersound Real Estate
Buyer's Agent
Scott Etter
The Premier Property Group Seacrest Office
List Price
$2,120,000
Sold Price
$2,120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%

Purchase Details

Listed on
Oct 20, 2016
Closed on
Aug 9, 2017
Sold by
King Gary R
Bought by
Watercolor Buttercup Llc
Seller's Agent
Linda Campbell
Watersound Real Estate
Buyer's Agent
Karen Holder
EXP Realty LLC
List Price
$1,900,000
Sold Price
$1,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.44%
Original Mortgage
$1,000,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 10, 2017
Sold by
King Gary R and Ledlow Robert L
Bought by
King Gary R

Purchase Details

Closed on
Apr 29, 2004
Sold by
Klepchick Andrew R and Klepchick Jessica J
Bought by
K & L Investments

Purchase Details

Closed on
Aug 22, 2003
Sold by
St Joe Arvida Home Building Lp
Bought by
Klepchick Andrew R and Klepchick Jessica J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.24%
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
Cumberland Capital Gp $3,725,000 --
Green Alligator Llc $2,525,000 Attorney
Templeton Deelopment Llc $2,120,000 Mcneese Title Llc
Watercolor Buttercup Llc $1,900,000 Mcneese Title Llc
King Gary R -- None Available
K & L Investments $695,000 Southern Escrow & Title Llc
Klepchick Andrew R $601,500 Residential Cmnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cumberland Capital Gp $2,607,500
Previous Owner Green Alligator Llc $1,767,500
Previous Owner Watercolor Buttercup Llc $1,000,000
Previous Owner Klepchick Andrew R $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Off Market $2,120,000 -- --
04/25/2023 04/25/23 Off Market $1,900,000 -- --
11/14/2022 11/14/22 Sold $3,725,000 +47.5% $1,320 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/27/2022 09/27/22 Off Market $2,525,000 -- --
08/29/2022 08/29/22 Price Changed $3,895,000 -2.5% $1,381 / Sq Ft
05/21/2022 05/21/22 For Sale $3,995,000 +58.2% $1,416 / Sq Ft
09/14/2020 09/14/20 Sold $2,525,000 0.0% $895 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
05/09/2020 05/09/20 For Sale $2,525,000 +19.1% $895 / Sq Ft
04/30/2018 04/30/18 Sold $2,120,000 0.0% $752 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
03/25/2018 03/25/18 For Sale $2,120,000 +11.6% $752 / Sq Ft
08/10/2017 08/10/17 Sold $1,900,000 0.0% $674 / Sq Ft
07/06/2017 07/06/17 Pending -- -- --
10/20/2016 10/20/16 For Sale $1,900,000 -- $674 / 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 $25,414 $2,779,713 $1,280,018 $1,499,695
2023 $25,414 $2,796,926 $1,280,018 $1,516,908
2022 $22,898 $2,773,152 $1,420,820 $1,352,332
2021 $19,353 $1,999,305 $1,242,736 $756,569
2020 $20,008 $2,004,299 $1,136,947 $867,352
2019 $19,462 $1,959,724 $1,103,832 $855,892
2018 $18,947 $1,900,186 $0 $0
2017 $19,217 $1,938,898 $1,040,468 $898,430
2016 $18,319 $1,881,039 $0 $0
2015 $17,371 $1,793,547 $0 $0
2014 $16,463 $1,710,047 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 899076

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25401-000-0010