NOT LISTED FOR SALE

298 Red Cedar Way Santa Rosa Beach, FL 32459

WaterColor Neighborhood

Estimated Value: $2,425,000 - $3,239,000

4 Beds
4 Baths
2,125 Sq Ft
$1,277/Sq Ft Est. Value

Last Sold September 10, 2012

Last sale price $950,000 $447 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $16,436/month

13 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Fishing
  • Bay Elementary School Rated A-
  • Golf Course Community
  • Florida Architecture

About This Home

As of September 2012

Nestled along the eastern marsh of Western Lake, this house allows great privacy within the peaceful surroundings of the marsh and natural preserve. While sitting on your back porch relaxing and taking in all the serenity that the natural preserve and marsh has to offer. At the same time, you will be able to enjoy the multitude of activities that is Watercolor. This home offers 4 bedroom, 4 bath and totals 2,125 square feet. Centrally located to the best dining, unique boutique shopping, bike paths and some of the most challenging golf courses the gulf coast has to offer. Easy access to Hwy 98, allowing you to explore the nearby cities of Destin or Panama City Beach, as well as, the new international airport currently under construction.

Last Agent to Sell the Property

Sterling Rainer

Berkshire Hathaway HomeServices License #3037894 Listed on: 06/20/2012

Berkshire Hathaway HomeServices

Last Buyer's Agent

Karrie Rose

RE/MAX Coastal Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,596

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 48x100x48x100

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Florida Architecture

Interior Spaces

  • 2,125 Sq Ft Home
  • 2-Story Property
  • Great Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

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

Utilities

  • Central Air
  • Water Tap Fee Is Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25415-000-0020

Community Details

Overview

  • Watercolor Subdivision

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,596

Year Built

Built in 2006

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 48X100X48X100
  • Subdivision Name: WATERCOLOR
  • Directions: WaterColor is located east of Grayton Beach along scenic Hwy 30-A.
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2006
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Utilities:Tap Fee Paid: Yes
  • Rooms:Great Room: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, Tap Fee Paid, TV Cable, Other
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Dock, Exercise Room, Fishing, Golf, Playground, Pool, Tennis, TV Cable
  • Association #2 Fee: 1050.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25415-000-0020
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2021
Sold by
Woobie Haus Llc
Bought by
Cardon Pictures Llc
Current Estimated Value
$2,713,682

Purchase Details

Listed on
Jun 20, 2012
Closed on
Sep 10, 2012
Sold by
Bennett H Robert and Kizer William L
Bought by
Hunt Craig A and Hunt Antoinette M
Seller's Agent
Sterling Rainer
Berkshire Hathaway HomeServices
Buyer's Agent
Karrie Rose
RE/MAX Coastal Properties
List Price
$950,000
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%

Purchase Details

Closed on
Mar 12, 2004
Sold by
Saunders Michael R and Saunders Linda L
Bought by
Bennett H Robert and Kizer William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2002
Sold by
St Joe Arvida Home Building Lp
Bought by
Saunders Michael R and Saunders Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,605
Interest Rate
5.92%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cardon Pictures Llc $2,100,000 Aqua Title Services
Hunt Craig A $950,000 Title Works
Bennett H Robert $393,000 A Preferred Title
Saunders Michael R $256,500 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kizer William L $940,000
Previous Owner Kizer William L $911,191
Previous Owner Bennett H Robert $346,500
Previous Owner Saunders Michael R $243,605
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2019 06/23/19 Off Market $950,000 -- --
09/10/2012 09/10/12 Sold $950,000 0.0% $447 / Sq Ft
07/03/2012 07/03/12 Pending -- -- --
06/20/2012 06/20/12 For Sale $950,000 -- $447 / 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 $15,596 $2,092,190 $640,762 $1,451,428
2023 $15,596 $1,521,605 $0 $0
2022 $14,693 $1,810,484 $711,246 $1,099,238
2021 $11,763 $1,257,122 $622,099 $635,023
2020 $10,656 $1,067,448 $569,142 $498,306
2019 $10,390 $1,046,169 $552,565 $493,604
2018 $9,807 $983,586 $0 $0
2017 $9,614 $969,965 $520,846 $449,119
2016 $9,407 $940,068 $0 $0
2015 $9,117 $896,892 $0 $0
2014 $8,612 $835,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Sterling Rainer

    Berkshire Hathaway HomeServices

    (850) 259-8287

    1 in this area

    8 Total Sales

    Sterling Rainer
    Section Image

  • K

    Buyer's Agent in 2012

    Karrie Rose

    RE/MAX

  • -

    Buyer's Agent in 2012

    - Ecn.rets.e2325

    ecn.rets.RETS_OFFICE

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 579274

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25415-000-0020

Florida Walton County Santa Rosa Beach 32459 WaterColor

298 Red Cedar Way, Santa Rosa Beach, FL

This home is located at 298 Red Cedar Way, Santa Rosa Beach, FL 32459 since 20 June 2012 and is currently estimated at $2,713,682, approximately $1,277 per square foot. This property was built in 2006. 298 Red Cedar Way is a home located in Walton County with nearby schools including Bay Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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