NOT LISTED FOR SALE

Estimated Value: $2,512,000 - $2,943,000

4 Beds
4 Baths
2,256 Sq Ft
$1,192/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $1,495,000 $663 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $16,454/month

30 Days on Market

Highlights

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

About This Home

As of August 2020

Do you want to be close to Watercolor amenities but enjoy a little privacy too? This cottage is a bike ride or quick stroll to Beach Club, Boathouse, shopping and dining, with a large screened front porch overlooking intimate Crimson Park-just off Buttercup St-you can also enjoy peace and quiet. Great floor plan for entertaining or just relaxing. The home has open kitchen, dining and living area with two en suite bedrooms on the first floor. There is a loft bedroom and bath on the second floor, plus a bedroom and bath along with kitchenette in the carriage house. Don't miss this opportunity! Put your personal decorating stamp on this one and start enjoying the beach! Home is sold furnished with some exclusions of artwork.

Last Agent to Sell the Property

Karen Wagner

Watersound Real Estate License #684100 Listed on: 05/15/2020

Last Buyer's Agent

Linda Campbell

Legendary Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,072

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 40x100x61x91
  • Interior Lot

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • 1 Detached Carport Space

Home Design

  • Florida Architecture
  • Dwelling with Rental
  • Off Grade Structure
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 2,256 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Woodwork
  • Beamed Ceilings
  • Cathedral Ceiling
  • Plantation Shutters
  • Living Room
  • Dining Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Built-In Barbecue

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25400-000-0050

Community Details

Overview

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

Amenities

  • Picnic Area
  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,072

Year Built

Built in 2002

Lot Details

0

HOA Fees

$530 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 40X100X61X91
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: From Western Lake Drive, turn south onto Sunset Ridge. Follow around the curve, 28 is in the corner. It is a rear-loaded lot so all parking is in back.
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2002
  • 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
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Screened Porch: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Ceiling Beamed, Ceiling Cathedral, Floor Hardwood, Floor Tile, Furnished - All, Guest Quarters, Kitchen Island, Owner's Closet, Plantation Shutters, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Ceiling Cathedral: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Plantation Shutters: Yes
  • Interior:Ceiling Beamed: Yes
  • Interior:Guest Quarters2: Yes

Exterior Features

  • Lot Features: Covenants, Interior, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Foundation Off Grade, Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: BBQ Pit/Grill, Porch Open, Porch Screened, Separate Bldg Rent
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Foundation Off Grade: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features: Carport Detached
  • Parking Features:Carport Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Dock, Exercise Room, Fishing, Picnic Area, Playground, Pool, Tennis, TV Cable
  • Association #2 Fee: 1590.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Management, Cable TV, Trash

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 15-3S-19-25400-000-0050
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11071.67
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Aug 17, 2020
Sold by
Wentworth Betty F
Bought by
Armstrong Walter C and Revocable Trust Of Walter C Ar
Seller's Agent
Karen Wagner
Watersound Real Estate
Buyer's Agent
Linda Campbell
Legendary Realty LLC
List Price
$1,495,000
Sold Price
$1,495,000
Current Estimated Value
$2,688,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,193,683
Avg. Annual Appreciation
12.10%

Purchase Details

Closed on
Apr 9, 2020
Sold by
Wentworth Francis M
Bought by
Wentworth Betty F

Purchase Details

Closed on
Feb 12, 2007
Sold by
Bolen Pamela L
Bought by
Wentworth Betty F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2000
Sold by
St Joe Arvida Home Building Lp
Bought by
Bolen Pamela L
Source: Public Records

Range of Values:

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Average Value
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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
Armstrong Walter C $1,495,000 Provident Title
Wentworth Betty F -- Attorney
Wentworth Betty F $1,225,000 Mcneese Title Llc
Bolen Pamela L $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wentworth Betty $235,100
Previous Owner Wentworth Betty F $225,000
Previous Owner Bolen Pamela L $400,000
Previous Owner Bolen Robert $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $1,495,000 0.0% $663 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $1,495,000 -- $663 / 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 $16,660 $2,227,982 $800,000 $1,427,982
2023 $16,660 $1,471,128 $0 $0
2022 $13,914 $1,683,968 $683,817 $1,000,151
2021 $11,769 $1,215,808 $598,108 $617,700
2020 $11,401 $1,142,114 $547,193 $594,921
2019 $11,072 $1,114,859 $531,256 $583,603
2018 $10,814 $1,084,571 $0 $0
2017 $10,698 $1,079,400 $500,760 $578,640
2016 $10,606 $1,059,865 $0 $0
2015 $10,198 $1,020,891 $0 $0
2014 -- $920,891 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 846491

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25400-000-0050