Seller's Agent in 2021
Jamie Yarbrough
The Naumann Group Real Estate Inc
(850) 591-8860
4 in this area
180 Total Sales
278 Red Cedar Way Santa Rosa Beach, FL 32459
WaterColor NeighborhoodEstimated Value: $3,077,000 - $3,841,000
4
Beds
4
Baths
3,339
Sq Ft
$1,025/Sq Ft
Est. Value
Highlights
- Waterfront Community
- Boat Dock
- Fishing
- Bay Elementary School Rated A-
- Deeded access to the beach
- Newly Painted Property
About This Home
As of April 2021Beautifully furnished & well-maintained home offers 4 beds/4 baths plus a large bunk room. Well-equipped and sold fully furnished with everything you would need to make this a true turnkey property. Rental ready with strong history & current bookings provided. This home offers inviting living areas with beautiful wide-planked hardwood floors, repainted interior & updated furnishings. Each bedroom includes an ensuite bathroom. The large bunk room on the 3rd floor is great for kids to hang out with a TV and pool table. It also has 5 twin beds & 2 pullout couches. The outdoor space offers extended living and entertaining area. Relax and unwind on expansive covered porches, screened porch backing up to nature preserve, or a private second floor balcony off the master suite. This home is in a prime location, conveniently located 2 blocks from the new Camp Watercolor, which includes a lazy river, waterslide, playground, basketball court, The Canteen Restaurant & Bar, parks and green spaces. Also, this home is a short walk to the tennis courts or the Seaside community. Enjoy a bike ride to the Beach Club or workout facility.
Exceptional community amenities include six beautiful swimming pools, a Gulf front beach club, nature trails, a Boathouse offering kayaking, canoeing and paddle boarding, a fitness center, outstanding tennis facility.
Last Agent to Sell the Property
The Naumann Group Real Estate Inc License #668895 Listed on: 03/04/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,413
Year Built
- Built in 2004
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 48x100
HOA Fees
- $530 Monthly HOA Fees
Parking
- 1 Attached Carport Space
Home Design
- Beach House
- Newly Painted Property
- Off Grade Structure
- Pitched Roof
- Metal Roof
Interior Spaces
- 3,339 Sq Ft Home
- 3-Story Property
- Furnished
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Dining Room
- Screened Porch
- Wood Flooring
Kitchen
- Breakfast Bar
- Gas Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Dressing Area
- 4 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Shower Only
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Deeded access to the beach
- Balcony
- Built-In Barbecue
Schools
- Bay Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Underground Utilities
- Multiple Water Heaters
- Electric Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 15-3S-25415-000-0040
Community Details
Overview
- Association fees include accounting, ground keeping, internet service, management, master, recreational faclty, cable TV, trash
- Watercolor Subdivision
Recreation
- Boat Dock
- Waterfront Community
- Tennis Courts
- Community Playground
- Fishing
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2021
Closed on
Apr 28, 2021
Sold by
Marsiglio Mark L and Marsiglio Cynthia H
Bought by
Vannguyen Minh and Nguyen Bao Chau
Seller's Agent
Jamie Yarbrough
The Naumann Group Real Estate Inc
Buyer's Agent
Tommy Lauderdale
Scenic Sotheby's International Realty
List Price
$2,304,728
Sold Price
$2,304,728
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
$1,117,878
Avg. Annual Appreciation
9.56%
Original Mortgage
$1,728,546
Outstanding Balance
$1,555,006
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,867,600
Purchase Details
Listed on
Mar 17, 2018
Closed on
May 1, 2018
Sold by
2018 Ad Galvestonian Llc
Bought by
Marsiglio Mark L and Marsiglio Cynthia H
Seller's Agent
Lisa Neal
Berkshire Hathaway HomeServices
List Price
$1,300,000
Sold Price
$1,300,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.11%
Original Mortgage
$975,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 23, 2010
Sold by
Townsend Ellen Marion and Townsend Tracy Ray
Bought by
Galvestonian Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 20, 2005
Sold by
Velcoff Andrew and Velcoff Andrew Jay
Bought by
Marion Ellen A and Velcoff Ellen Marion
Purchase Details
Closed on
Feb 17, 2003
Sold by
St Joe Arvida Home Building Lp
Bought by
Velcoff Andrew and Velcoff Ellen Marion
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vannguyen Minh | $2,304,728 | Attorney | |
| Vannguyen Minh Van | $2,304,728 | None Listed On Document | |
| Marsiglio Mark L | $1,300,000 | Blue Tiitle Llc | |
| Galvestonian Llc | $1,000,000 | Mcneese Title Llc | |
| Marion Ellen A | -- | -- | |
| Velcoff Andrew | $266,500 | Sunbelt Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vannguyen Minh Van | $1,728,546 | |
| Closed | Vannguyen Minh Van | $1,728,546 | |
| Previous Owner | Marsiglio Mark L | $950,000 | |
| Previous Owner | Marsiglio Mark L | $975,000 | |
| Previous Owner | Galvestonian Llc | $800,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2021 04/28/21 | Sold | $2,304,728 | 0.0% | $690 / Sq Ft |
| 03/13/2021 03/13/21 | Pending | -- | -- | -- |
| 03/04/2021 03/04/21 | For Sale | $2,304,728 | +77.3% | $690 / Sq Ft |
| 05/02/2018 05/02/18 | Sold | $1,300,000 | 0.0% | $391 / Sq Ft |
| 03/31/2018 03/31/18 | Pending | -- | -- | -- |
| 03/17/2018 03/17/18 | For Sale | $1,300,000 | -- | $391 / 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 | $21,413 | $2,566,185 | $640,762 | $1,925,423 |
| 2023 | $21,413 | $2,356,551 | $640,762 | $1,715,789 |
| 2022 | $20,002 | $2,158,308 | $711,246 | $1,447,062 |
| 2021 | $13,798 | $1,486,820 | $622,099 | $864,721 |
| 2020 | $12,392 | $1,241,393 | $569,142 | $672,251 |
| 2019 | $12,182 | $1,226,657 | $552,565 | $674,092 |
| 2018 | $11,516 | $1,154,927 | $0 | $0 |
| 2017 | $11,322 | $1,142,344 | $520,846 | $621,498 |
| 2016 | $11,095 | $1,108,719 | $0 | $0 |
| 2015 | $10,855 | $1,067,869 | $0 | $0 |
| 2014 | $10,401 | $1,038,632 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jamie Yarbrough
-
Tommy Lauderdale
Buyer's Agent in 2021
Tommy Lauderdale
Scenic Sotheby's International Realty
(706) 718-3535
7 in this area
26 Total Sales
-
Lisa Neal
L
Seller's Agent in 2018
Lisa Neal
Berkshire Hathaway HomeServices
(850) 598-1655
8 in this area
46 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 865986
APN: 15-3S-19-25415-000-0040
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