$3,700,000
SOLD OCT 21, 2024
5 Beds
4.5 Baths
3,650 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$1,014 Per Sq Ft

7% Below List Price

119 Days on Market

Highlights

  • Boat Dock
  • Beach
  • In Ground Pool
  • Bay Elementary School Rated A-
  • Deeded access to the beach
  • Fishing

About This Home

As of October 2024

$200,000 PRICE REDUCTION!! Nestled within the prestigious gated Watersound Bridges community this captivating 5-bedroom, 4 -bathroom residence, complete with an office, offers almost 3700 sq ft of thoughtfully crafted living space. Step into the expansive kitchen overlooking the inviting living and dining areas with charming shiplap accents. Outside, discover a screened porch boasting a cozy fireplace, complemented by an outdoor summer kitchen and a welcoming heated pool—creating an idyllic setting for hosting gatherings and creating cherished memories.Inside, find dual primary bedrooms, one conveniently located on the first floor, in addition to a versatile bunk room and two additional guest bedrooms. Ascend to the third level to savor breathtaking Gulf and serene lake views from the open tower.

Last Agent to Sell the Property

Catherine Lynn

Berkshire Hathaway HomeServices License #3468429 Listed on: 05/21/2024

Berkshire Hathaway HomeServices

Co-Listed By

Angie Gibson

Watersound Real Estate License #3531455

Last Buyer's Agent

Jon Lyons

Live 30A Real Estate LLC License #3252167

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,613

Year Built

  • Built in 2013

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 58.05 x 110.16 x 70.72 x 110.05
  • Cul-De-Sac
  • Street terminates at a dead end
  • Privacy Fence
  • Wooded Lot

HOA Fees

  • $522 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Automatic Garage Door Opener

Property Views

  • Gulf
  • Lake

Home Design

  • Beach House
  • Wood Trim

Interior Spaces

  • 3,650 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Crown Molding
  • Fireplace
  • Plantation Shutters
  • Living Room
  • Dining Room
  • Screened Porch
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Walk-In Pantry
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach
  • Balcony
  • Outdoor Kitchen
  • Rain Gutters

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • Central Air
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 21-3S-18-16200-000-0030

Community Details

Overview

  • Association fees include management, security
  • Watersound Beach Subdivision

Recreation

  • Boat Dock
  • Beach
  • Community Pool
  • Fishing

Additional Features

  • Picnic Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,613

Year Built

Built in 2013

Lot Details

0

HOA Fees

$522 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 58.05 x 110.16 x 70.72 x 110.05
  • Road Surface Type: Paved
  • Co List Office Mls Id: EBPF
  • Co List Office Phone: 850-534-3006
  • Subdivision Name: WATERSOUND BEACH
  • Directions: Travel past the Big Chill going east on 30-A. Turn right into Watersound Bridges - go past the gate and turn left onto Bridgewater Lane - second left onto Creek Bridge Way - home is on the left (look for American Flag on porch )
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2013
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Furnished - All
  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Washer, Wine Refrigerator, Water Heater - Tnkls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Floor Hardwood
  • Interior Amenities: Ceiling Crwn Molding, Kitchen Island, Pantry
  • Window Features: Plantation Shutters, Window Treatment All
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Wine Refrigerator: Yes

Exterior Features

  • Fencing: Fenced Privacy
  • Lot Features: Cul-De-Sac, Dead End, Restrictions, Survey Available, Within 1/2 Mile to Water, Wooded
  • Pool Features: Pool - In-Ground, Pool Type
  • View: Lake, Gulf
  • Construction Type: Siding Shake, Trim Wood
  • Exterior Features: Rain Gutter, Balcony, Summer Kitchen
  • Patio And Porch Features: Porch Open, Porch Screened
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Siding Shake: Yes
  • Lot Features:Dead End: Yes
  • ConstructionSiding:Trim Wood: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage Detached
  • General Property Info:Garage2: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Dock, Exercise Room, Fishing, Gated Community, Pets Allowed, Picnic Area, Pool
  • Association #2 Fee: 1565.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Management, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 21-3S-18-16200-000-0030
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 25613.1
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Oct 21, 2024
Sold by
Fritz Richter Iii and Fritz Richter Iii Revocable Trust
Bought by
Crain Stephen B and Crain Stephanie K
Seller's Agent
Catherine Lynn
Berkshire Hathaway HomeServices
Buyer's Agent
Jon Lyons
Live 30A Real Estate LLC
List Price
$3,999,500
Sold Price
$3,700,000
Premium/Discount to List
-$299,500
-7.49%
Views
26
Current Estimated Value
$3,880,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,344
Avg. Annual Appreciation
5.35%
Original Mortgage
$1,000,000
Outstanding Balance
$993,942
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$2,835,593

Purchase Details

Closed on
Aug 23, 2015
Sold by
Richter Fritz and Richter Lisa M
Bought by
Richter Lisa Mcmichael and Lisa Mcmichael Richter Revocable Trust

Purchase Details

Closed on
Aug 1, 2015
Bought by
Richter Fritz Iii Revocable

Purchase Details

Listed on
Jan 16, 2013
Closed on
Oct 18, 2013
Sold by
Harp Christopher
Bought by
Richter Fritz and Richter Lisa M
Seller's Agent
ecn.rets.e4793
ecn.rets.RETS_OFFICE
Buyer's Agent
John Sullivan
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
9.71%
Original Mortgage
$910,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2011
Sold by
Trustmark National Bank
Bought by
Ryan Harp Land Trust Llc

Purchase Details

Closed on
Nov 9, 2010
Sold by
Shell Holdings Llc
Bought by
Trustmark National Bank

Purchase Details

Closed on
Mar 7, 2003
Sold by
Crawford Properties Inc
Bought by
Shell Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
5.88%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 30, 2001
Sold by
St Joe Arvida Home Building Lp
Bought by
Crawford Properties Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,700,000 Shoreline Title
Interfamily Deed Transfer -- Attorney
Deed $100 --
Warranty Deed $1,300,000 None Available
Special Warranty Deed $155,000 Title Works
Warranty Deed $210,800 Attorney
Warranty Deed $275,000 Dune Title Company Llc
Special Warranty Deed $165,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Previous Owner $725,000 New Conventional
Previous Owner $195,000 Credit Line Revolving
Previous Owner $910,000 New Conventional
Previous Owner $435,000 Future Advance Clause Open End Mortgage
Previous Owner $247,500 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2024 10/21/24 Sold $3,700,000 -2.5% $1,014 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
08/01/2024 08/01/24 Price Changed $3,795,000 -5.1% $1,040 / Sq Ft
05/21/2024 05/21/24 For Sale $3,999,500 +207.7% $1,096 / Sq Ft
06/23/2019 06/23/19 Off Market $1,300,000 -- --
10/23/2013 10/23/13 Sold $1,300,000 0.0% $427 / Sq Ft
09/15/2013 09/15/13 Pending -- -- --
01/16/2013 01/16/13 For Sale $1,300,000 -- $427 / 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 $25,613 $3,499,001 $552,369 $2,946,632
2023 $25,613 $2,220,352 $0 $0
2022 $23,999 $3,225,433 $613,130 $2,612,303
2021 $17,762 $1,835,002 $536,280 $1,298,722
2020 $17,143 $1,740,261 $490,629 $1,249,632
2019 $15,289 $1,539,565 $476,339 $1,063,226
2018 $14,532 $1,457,380 $0 $0
2017 $14,261 $1,438,860 $420,000 $1,018,860
2016 $13,567 $1,366,036 $0 $0
2015 $12,426 $1,222,436 $0 $0
2014 $12,360 $1,198,936 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 950419

Emerald Coast Association of REALTORS®

APN: 21-3S-18-16200-000-0030