NOT LISTED FOR SALE

Estimated Value: $2,820,126 - $3,427,000

4 Beds
3 Baths
2,726 Sq Ft
$1,118/Sq Ft Est. Value

Last Sold March 09, 2023

Last sale price $3,285,000 $1,205 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $18,430/month

31 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Florida Architecture
  • Bay Elementary School Rated A-
  • In Ground Pool
  • Wood Flooring

About This Home

As of March 2023

Well-equipped and sold fully furnished with everything you would need to make this a true turnkey property. Rental ready with strong history, in 2022 the property grossed $277,000. Phenomenal outdoor spaces including a beautiful pool and hot tub with plenty of room for multiple lounge chairs or to grill out. An expansive side porch perfect to sit around and enjoy smore's over the firepit, or a screen porch off the living room for those nights you want to eat al fresco. 4BR/3BA plus a large bonus room including 2 sets of bunk beds. This home is in a prime location, conveniently located next to Camp Watercolor, which includes a lazy river, waterslide, playground, basketball court, The Canteen Restaurant & Bar, parks, and green spaces. Also, this property is just a short walk to the tennis courts or The Seaside community.

Last Agent to Sell the Property

Jamie Yarbrough

The Naumann Group Real Estate Inc License #668895 Listed on: 02/10/2023

Last Buyer's Agent

James Watts Jr

Coastal Abode License #3242373

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,181

Year Built

  • Built in 2005

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x126x60x126
  • Property fronts a private road
  • Back Yard Fenced
  • Property is zoned Deed Restrictions

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • 2 Detached Carport Spaces

Home Design

  • Florida Architecture
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 2,726 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Bonus Room
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Induction Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deeded access to the beach
  • Built-In Barbecue

Schools

  • Dune Lakes Elementary School
  • Seaside Middle School
  • South Walton High School

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • High Efficiency Heating System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25415-000-0500

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, management, security, cable TV, trash
  • Watercolor Subdivision

Recreation

  • Beach
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,181

Year Built

Built in 2005

Lot Details

0

HOA Fees

$530 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 60x126x60x126
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: From Hwy 98, turn south onto Hwy 395 (Seagrove). At the first red light across from Publix, turn right onto W Lake Forest Dr. Take a left on Western Lake, Right onto Red Cedar
  • Architectural Style: Florida Cottage
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2005
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Rooms:Living Room: Yes
  • Energy:Heat High Efficiency: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Bonus Room: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Floor Hardwood, Floor Tile, Kitchen Island, Owner's Closet, Pantry, Window Treatment All
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: BBQ Pit/Grill, Fenced Back Yard, Hot Tub, Pool - In-Ground, Porch, Porch Screened
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:BBQ PitGrill: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.0
  • Covered Parking Spaces: 2.0
  • Parking Features: Carport Detached
  • General Property Info:Garage2: No
  • Parking Features:Carport Detached: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Playground, Pool, Waterfront
  • Association #2 Fee: 1590.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Management, Security, Cable TV, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 15-3S-19-25415-000-0500
  • Zoning: Deed Restrictions
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12181.49
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Mar 9, 2023
Sold by
Mark and Mark Cynthia Marsiglio
Bought by
Beachfun Llc
Seller's Agent
Jamie Yarbrough
The Naumann Group Real Estate Inc
Buyer's Agent
James Watts Jr
Coastal Abode
List Price
$3,295,000
Sold Price
$3,285,000
Premium/Discount to List
-$10,000
-0.3%
Views
5
Current Estimated Value
$3,047,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$237,718
Avg. Annual Appreciation
-3.00%

Purchase Details

Closed on
Oct 4, 2021
Sold by
Marsiglio Mark L and Marsiglio Cynthia H
Bought by
Marsiglio Mark Loren and Marsiglio Cynthia Hill

Purchase Details

Listed on
May 8, 2015
Closed on
Oct 1, 2015
Sold by
Pinkerton John H and Pinkerton Kathy
Bought by
Marsiglio Mark L and Marsiglio Cynthia H
Seller's Agent
Will Tiller
NextHome Cornerstone Realty
Buyer's Agent
Lisa Brooks
30A Local Real Estate
List Price
$1,195,000
Sold Price
$1,195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%
Original Mortgage
$896,250
Interest Rate
2.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2007
Sold by
Leitner Stephen and Leitner Jean S
Bought by
Pinkerton John H and Pinkerton Kathy

Purchase Details

Closed on
Sep 27, 2002
Sold by
St Joe Arvida Home Building Lp
Bought by
Leitner Stephen and Leitner Jean S
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
Beachfun Llc $3,285,000 Shoreline Title
Marsiglio Mark Loren -- Accommodation
Marsiglio Mark L $1,195,000 Attorney
Pinkerton John H $1,125,000 Reli Title Llc
Leitner Stephen $231,500 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marsiglio Mark L $896,250
Previous Owner Leitner Stephen L $455,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2023 03/09/23 Sold $3,285,000 0.0% $1,205 / Sq Ft
03/09/2023 03/09/23 Sold $3,285,000 -0.3% $1,205 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $3,295,000 0.0% $1,209 / Sq Ft
01/17/2023 01/17/23 For Sale $3,295,000 0.0% $1,209 / Sq Ft
01/15/2023 01/15/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $3,295,000 +175.7% $1,209 / Sq Ft
06/23/2019 06/23/19 Off Market $1,195,000 -- --
10/02/2015 10/02/15 Sold $1,195,000 0.0% $433 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $1,195,000 -- $433 / 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 $15,557 $2,142,897 $582,511 $1,560,386
2023 $15,557 $1,477,399 $0 $0
2022 $14,595 $1,832,861 $646,587 $1,186,274
2021 $12,181 $1,296,797 $565,544 $731,253
2020 $11,080 $1,109,992 $517,402 $592,590
2019 $10,826 $1,090,118 $502,332 $587,786
2018 $10,329 $1,035,908 $0 $0
2017 $10,048 $1,013,765 $0 $0
2016 $9,224 $921,812 $0 $0
2015 $8,760 $876,321 $0 $0
2014 -- $837,564 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 914697

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25415-000-0500