NOT LISTED FOR SALE

Estimated Value: $3,418,293 - $3,851,000

5 Beds
5 Baths
3,410 Sq Ft
$1,075/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $2,100,000 $616 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $21,924/month

109 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Maid or Guest Quarters
  • Dune Lakes Elementary School Rated A-
  • Fishing
  • Newly Painted Property

About This Home

As of August 2020

This fully renovated 5 bedroom 5 bath home located in the Lake District of Watercolor has the wow factor that you have been looking for with premium finishes, stunning designer furnishings, shiplap walls and hard wood floors! The home welcomes you with a spacious open floor plan. The gourmet kitchen offers subzero and wolf appliances, gorgeous white quartz countertops, a beautiful tiled wall with open upper shelving, a large center island and lavish light fixtures. The living area offers a fire place which makes for a comfy place to curl up on the couch after a long day on the beach! The first floor also has a large front porch and a screened porch for additional living space. This home also offers the sought after first floor master bedroom. The master bath has a must see tiled white stone wall with one of a kind mirrors and an oversized walk in shower. Luxury at its finest! A first floor hall laundry conveniently located near the back entrance is elegantly completed with sliding white barn doors. An additional bedroom and full bath wrap up the first floor. The second floor has an additional living space that would be the perfect hangout for the kids, two additional bedrooms each with an ensuite bath, a second laundry area and two spacious porches perfect for enjoying your morning coffee or evening cocktail! The second floor so offers an integrated carriage house that does have its own separate entrance. The carriage house offers a bedroom, ensuite bath, large living area and kitchen with refrigerator, sink and dishwasher. The home has a two car attached car port, plus an additional parking spot, storage closet, bike racks, outdoor shower and built in green egg and grilling porch! This beach house overlooks pristine nature preserve and wooded walking trails offering added privacy in Phase 3 of WaterColor. The home is also conveniently located just around the corner from one of Watercolors several community pools. The WaterColor community includes residential homes and a beach-side resort on the beautiful Gulf of Mexico and the breathtaking coastal dune lake, Western Lake. Quaint streets and pathways connect homes to the community parks, shops, the lake and the beach making biking, running and walking that much more enjoyable! The Watercolor community offers several resort style pools to include water slides and a lazy river, tennis courts, basketball courts, playgrounds, fitness center and a boathouse stocked with kayaks, canoes, paddle boards and fishing equipment. Call for a showing today!

Last Agent to Sell the Property

Andy Wiggins

The Beach Group Properties LLC License #3076380 Listed on: 03/06/2020

Last Buyer's Agent

Richard Barnett

Scenic Sotheby's International Realty License #3192532

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,958

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 49 x 110

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • 2 Attached Carport Spaces

Home Design

  • Beach House
  • Newly Painted Property
  • Off Grade Structure
  • Pitched Roof
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 3,410 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Built-in Bookshelves
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Area
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Dressing Area
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 5 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Balcony
  • Built-In Barbecue

Schools

  • Dune Lakes 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-19-25420-000-0680

Community Details

Overview

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

Amenities

  • Picnic Area

Recreation

  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,958

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$530 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: 49 x 110
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: Heading south on 395 turn left on W Lake Forest Dr., continue right onto W Lake Forest Dr., turn left onto BlueJack St. The home will be around the corner on the right.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2007
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: 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
  • Energy:Double Pane Windows: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Ceiling Raised, Fireplace, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - Some, Guest Quarters, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Renovated, Washer/Dryer Hookup, Window Treatment All
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: 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:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Mstr BdrmMstr Bath:MBath Dressing Area: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Fireplace: Yes
  • Interior:Guest Quarters2: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions
  • Pool Features: Pool Type
  • Construction Type: Foundation Off Grade, Roof Metal, Roof Pitched, Siding CmntFbrHrdBrd
  • Exterior Features: Balcony, BBQ Pit/Grill, Porch, Porch Screened, Shower
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:BBQ PitGrill: Yes
  • ConstructionSiding:Foundation Off Grade: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features: Carport Attached
  • Parking Features:Carport Attached: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Fishing, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1590.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: 15-3S-19-25420-000-0680
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13958.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Aug 10, 2020
Sold by
Lavigne Investments Llc
Bought by
Patrick Watercolor Properties Llc
Seller's Agent
Andy Wiggins
The Beach Group Properties LLC
Buyer's Agent
Richard Barnett
Scenic Sotheby's International Realty
List Price
$2,100,000
Sold Price
$2,100,000
Current Estimated Value
$3,666,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,566,323
Avg. Annual Appreciation
11.38%
Original Mortgage
$1,680,000
Outstanding Balance
$1,451,801
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,190,904

Purchase Details

Closed on
Mar 26, 2010
Sold by
The Bluejack Group Llc
Bought by
Lavigne Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2007
Sold by
John Willis Homes Of Florida Inc
Bought by
The Bluejack Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2005
Sold by
Lockhart Matthew C
Bought by
John Willis Homes Of Florida Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2004
Sold by
M & P Properties Llc
Bought by
Lockhart Matthew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2003
Sold by
St Joe Arvida Home Building Lp
Bought by
M & P Properties Llc
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
Patrick Watercolor Properties Llc $2,100,000 Shoreline Title Llc
Lavigne Investments Llc $1,175,000 None Available
The Bluejack Group Llc $1,639,500 Neighborhood Title Group
John Willis Homes Of Florida Inc $640,600 Mcneese Title Llc
Lockhart Matthew C $510,000 Southern Escrow & Title Llc
M & P Properties Llc $316,500 Residential Cmnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patrick Watercolor Properties Llc $1,680,000
Previous Owner Lavigne Investments Llc $825,000
Previous Owner Lavigne Investments Llc $1,164,000
Previous Owner Lavigne Investments Llc $750,000
Previous Owner The Bluejack Group Llc $1,000,000
Previous Owner John Willis Homes Of Florida Inc $1,350,000
Previous Owner Lockhart Matthew C $459,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $2,100,000 0.0% $616 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $2,100,000 -- $616 / 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 $22,322 $2,882,949 $753,636 $2,129,313
2023 $22,322 $2,059,952 $0 $0
2022 $20,282 $2,540,249 $836,536 $1,703,713
2021 $16,479 $1,702,440 $731,685 $970,755
2020 $14,459 $1,448,487 $669,400 $779,087
2019 $13,958 $1,405,497 $649,903 $755,594
2018 $13,704 $1,374,405 $0 $0
2017 $13,321 $1,344,028 $612,596 $731,432
2016 $13,127 $1,311,814 $0 $0
2015 $12,696 $1,249,042 $0 $0
2014 -- $1,265,046 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 842023

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25420-000-0680