NOT LISTED FOR SALE

Estimated Value: $2,558,424 - $3,262,000

4 Beds
4.5 Baths
2,393 Sq Ft
$1,193/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $1,370,000 $573 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $17,605/month

200 Days on Market

Highlights

  • Beach
  • Fishing
  • Wooded Lot
  • Dune Lakes Elementary School Rated A-
  • Newly Painted Property
  • Florida Architecture

About This Home

As of September 2020

You are going to love the location of this warm and friendly 4BR/4.5BA cottage style home with 774 square feet of porches in WaterColor. It's within easy walking distance to the Town Center and the WaterColor Beach Club (which is almost finished with its expansion). The interior has been freshly painted throughout. The open floor plan flows well and opens up to the front screened porch and makes for easy indoor and outdoor living! Master Bedroom is downstairs which is what a lot of people want today. The other bedrooms are all upstairs and have their own full baths plus access to their own screened porch. Solid vacation rental investment property with proven history.

Last Agent to Sell the Property

Teresa Turner

Scenic Sotheby's International Realty License #270204 Listed on: 01/25/2020

Scenic Sotheby's International Realty

Last Buyer's Agent

Harman, Jones, Sullivan

Berkshire Hathaway HomeServices

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,243

Year Built

  • Built in 2001

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 75 x 100 x 47 x 100
  • Property fronts a county road
  • Interior Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned Deed Restrictions, Resid

HOA Fees

  • $530 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Newly Painted Property
  • Wallpaper
  • Metal Roof
  • Wood Trim

Interior Spaces

  • 2,393 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Living Room
  • Dining Area
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Walk-In Pantry
  • Self-Cleaning Oven
  • Induction Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25401-000-0230

Community Details

Overview

  • Association fees include accounting, internet service, legal, management, recreational faclty, cable TV
  • Watercolor Subdivision

Recreation

  • Beach
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,243

Year Built

Built in 2001

Lot Details

0

HOA Fees

$530 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Lot Size: 75 x 100 x 47 x 100
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: From Hwy 283, take 30A and cross Western Lake Bridge and then take 1st left after Western Lake Bridge onto Buttercup. Then turn left onto Western Lake and home will be on the right. Parking is on Sunset Ridge, which is street just behind home
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2001
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Floor Hardwood, Floor Tile, Floor WW Carpet, Floor WW Carpet New, Furnished - All, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Split Bedroom, Wallpaper, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes
  • Interior:Floor WW Carpet New: Yes
  • Interior:Wallpaper: Yes

Exterior Features

  • Lot Features: Interior, Level, Restrictions, Wooded
  • Pool Features: Pool Type
  • Construction Type: Roof Metal, Trim Wood
  • Exterior Features: Porch Screened
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Porch Screened: Yes
  • ConstructionSiding:Trim Wood: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Fishing, Pets Allowed
  • Association #2 Fee: 1590.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Internet Service, Legal, Management, Recreational Faclty, Cable TV

Schools

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

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Parcel #: 15-3S-19-25401-000-0230
  • Zoning: Deed Restrictions, Resid
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11243.1
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2020
Closed on
Sep 28, 2020
Sold by
Moore Alison D
Bought by
Mooris William R and Morris Molly D
Seller's Agent
Teresa Turner
Scenic Sotheby's International Realty
Buyer's Agent
Harman, Jones, Sullivan
Berkshire Hathaway HomeServices
List Price
$1,370,000
Sold Price
$1,370,000
Current Estimated Value
$2,853,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,483,856
Avg. Annual Appreciation
15.98%
Original Mortgage
$959,000
Outstanding Balance
$840,447
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$2,013,409

Purchase Details

Closed on
Jul 31, 2001
Sold by
St Joe Arvida Home Building Lp
Bought by
Moore Alison D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
7.09%
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
Mooris William R $1,370,000 Reliant 850 Title
Morris William R $1,370,000 New Title Company Name
Moore Alison D $775,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris William R $959,000
Closed Morris William R $959,000
Previous Owner Moore Alison $825,000
Previous Owner Moore Alison D $620,000
Closed Moore Alison D $77,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Off Market $1,370,000 -- --
09/28/2020 09/28/20 Sold $1,370,000 0.0% $573 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
01/25/2020 01/25/20 For Sale $1,370,000 -- $573 / 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 $19,736 $2,244,250 $800,000 $1,444,250
2023 $19,736 $2,108,538 $0 $0
2022 $17,909 $1,949,879 $683,817 $1,266,062
2021 $10,997 $1,136,137 $598,108 $538,029
2020 $11,576 $1,159,621 $547,193 $612,428
2019 $11,243 $1,132,122 $531,256 $600,866
2018 $10,983 $1,101,488 $0 $0
2017 $10,740 $1,083,593 $500,760 $582,833
2016 $10,717 $1,070,948 $0 $0
2015 $10,491 $1,032,104 $0 $0
2014 $9,738 $944,614 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 838920

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25401-000-0230