NOT LISTED FOR SALE

Estimated Value: $3,468,802 - $4,241,000

5 Beds
5.5 Baths
3,399 Sq Ft
$1,139/Sq Ft Est. Value

Last Sold August 01, 2016

Last sale price $2,125,000 $625 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $23,626/month

72 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Golf Course Community
  • Dune Lakes Elementary School Rated A-
  • Beach
  • Fishing

About This Home

As of August 2016

Privacy and peaceful scenery in Phase III of Watercolor! This charming home with Cape Cod flair is nestled on the end of Cove Hollow backing up to a pond with fountain and Western Lake. The home features master suites on the first and second floor, a darling bunkroom and a tower room. Wainscoting and Brazilian hardwood floors are a few of the high level of craftsmanship and finish in the home. An office overlooking the lake, and a separate walk out porch from the first floor master allow you to take advantage of the views and scenery. The open kitchen, dining and living area are great for family gatherings, and open the french doors to the back porch for perfect indoor/outdoor entertaining. The wet bar on the second floor and the tower room with expansive views give you additional places to enjoy the serenity of this location. A carriage house over the 2 car garage has a bedroom and kitchenette. Perfect for guests or mother-in-law suite! This one owner home has never been rented and is in pristine condition.

Last Agent to Sell the Property

Karen Wagner

Watersound Real Estate License #684100 Listed on: 03/10/2016

Last Buyer's Agent

Dale Stackable

Berkshire Hathaway HomeServices PenFed Realty License #3053047

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,691

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 79x110x46x110
  • Home fronts a pond
  • Lake Front
  • Cul-De-Sac
  • Level Lot
  • Sprinkler System

HOA Fees

  • $362 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener

Property Views

  • Lake
  • Pond

Home Design

  • Florida Architecture
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 3,399 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Built-in Bookshelves
  • Shelving
  • Woodwork
  • Wainscoting
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Dining Room
  • Home Office
  • Bonus Room
  • Home Security System

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Porch

Additional Homes

  • Dwelling with Separate Living Area

Schools

  • Bay Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25422-000-0310

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, management, security, cable TV, trash
  • Watercolor Subdivision
  • The community has rules related to covenants

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion

Recreation

  • Boat Dock
  • Beach
  • Golf Course Community
  • Community Playground
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,691

Year Built

Built in 2008

Lot Details

0

HOA Fees

$362 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 79x110x46x110
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: From 98 and 395, go south and turn left into Watercolor across from Publix. At stop sign, turn right. Follow Lake Forest Drive to Sandhill Circle, turn right. Turn right onto Cove Hollow. House is on right near the end of the street.
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2008
  • Utilities Electric: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Bonus Room: Yes
  • Energy:AC - 2 or More: Yes
  • Waterview:Lake2: Yes
  • Utilities:Gas - Natural: Yes
  • Waterfront:Lake: Yes
  • Rooms:Office2: Yes
  • Waterfront:Pond: Yes
  • Waterview:Pond2: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Range Hood, Refrigerator W/IceMk, Security System, Stove/Oven Gas, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Fireplace, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Guest Quarters, Kitchen Island, Shelving, Walls Wainscoting, Washer/Dryer Hookup, Wet Bar, Window Treatment All, Woodwork Painted, Woodwork Stained
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Appliances:Security System: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Shelving: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Interior:Fireplace: Yes
  • Interior:Guest Quarters2: Yes
  • Interior:Woodwork Stained: Yes
  • Interior:Walls Wainscoting: Yes

Exterior Features

  • Lot Features: Covenants, Cul-De-Sac, Level, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Pond, Lake
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Block, Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Guest Quarters, Porch, Porch Open, Separate Living Area, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Block: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Cul-De-Sac: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Guest Quarters: Yes
  • Exterior:Separate Living Area: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Detached
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Dock, Exercise Room, Fishing, Golf, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, TV Cable, Waterfront
  • Association #2 Fee: 1085.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25422-000-0310
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16691.33
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2016
Closed on
Jul 28, 2016
Sold by
Williams Janice K
Bought by
Grade Joel T and Grade Tetyana M
Seller's Agent
Karen Wagner
Watersound Real Estate
Buyer's Agent
Dale Stackable
Berkshire Hathaway HomeServices PenFed Realty
List Price
$2,125,000
Sold Price
$2,125,000
Current Estimated Value
$3,871,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,746,451
Avg. Annual Appreciation
7.25%
Original Mortgage
$1,700,000
Outstanding Balance
$1,332,925
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,691,090

Purchase Details

Closed on
Jul 22, 2004
Sold by
St Joe Arvida Home Building Lp
Bought by
Williams Janice K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Grade Joel T $2,125,000 Rodgers Kiefer Title
Williams Janice K $801,500 Residential Cmnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grade Joel T $1,700,000
Previous Owner Williams Janice K $1,016,000
Previous Owner Williams Janice K $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2016 08/01/16 Sold $2,125,000 0.0% $625 / Sq Ft
05/21/2016 05/21/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $2,125,000 -- $625 / 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 $27,990 $3,101,879 $1,250,000 $1,851,879
2023 $27,990 $2,991,005 $0 $0
2022 $28,196 $3,402,551 $1,671,553 $1,730,998
2021 $23,992 $2,485,506 $1,462,042 $1,023,464
2020 $22,432 $2,247,186 $1,337,585 $909,601
2019 $21,841 $2,199,263 $1,298,626 $900,637
2018 $21,225 $2,128,692 $0 $0
2017 $20,682 $2,086,712 $1,224,080 $862,632
2016 $18,565 $2,020,729 $0 $0
2015 $17,631 $1,923,674 $0 $0
2014 $16,691 $1,823,674 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 726520

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25422-000-0310