NOT LISTED FOR SALE

32 Vermilion Way Santa Rosa Beach, FL 32459

WaterColor Neighborhood

Estimated Value: $5,293,589 - $6,049,000

0 Acre
-- Price per Acre
0 Sq Ft Lot

Last Sold April 30, 2013

Last sale price $575,000

Est. 894% increase in value since last sale

Current estimated payment $34,572/month

96 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Fishing
  • Bay Elementary School Rated A-
  • Deeded access to the beach
  • Lake View

About This Lot

As of April 2013

This prime oversized home site is located in Watercolor's Lake District in an intimate neighborhood of just 22 home sites. Vermilion Point at Watercolor is located adjacent to the State Forest. Lot 21 is a short walk or bike ride to Watercolor's Frog Pool and over the Western Lake Bridge to the heart of Watercolor. Build your dream home in this upscale neighborhood. Amenities include community pools, Beach Club, kayaking on Western Lake, fitness center, tennis, parks, Camp Watercolor shopping, restaurants and miles of bike trails.

Last Agent to Sell the Property

Mary Stephens

The Mary Stephens Team License #67521 Listed on: 12/21/2012

Co-Listed By

Greg Bahr

ResortQuest Real Estate Seagrove Beach

Last Buyer's Agent

John Sullivan

Scenic Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $35,835

Lot Details

  • Lot Dimensions are 96x86x68x119
  • Property fronts a county road
  • Wooded Lot

HOA Fees

  • $303 Monthly HOA Fees

Property Views

  • Lake Views

Schools

  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25424-000-0210

Community Details

Overview

  • Association fees include accounting, legal, licenses/permits, management, utilities, recreational faclty, security, services
  • Watercolor Subdivision

Amenities

  • Picnic Area

Recreation

  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing
  • Deeded access to the beach

Property Details

Property Type

Land

Est. Annual Taxes

$35,835

Lot Details

0

HOA Fees

$303 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size: 96X86X68X119
  • Road Frontage Type: County Road
  • Co List Office Mls Id: EAB7
  • Co List Office Phone: 850-231-5544
  • Subdivision Name: WATERCOLOR
  • Directions: From Hwy 98 turn South onto CR395, turn West at the traffic light across from Publix, turn North (right), onto West Lake Forest Dr, appprox. .4 miles turn left on Sand Hill Circle, take second left on
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Gas Available: Yes
  • Waterview:Lake2: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Wooded
  • View: Lake
  • Lot Features:Wooded: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Natural, Phone, Public Water, TV Cable, Gas Available
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Dock, Exercise Room, Fishing, Picnic Area, Playground, Pool, Tennis, Waterfront, Owners Pets Allowed
  • Association #2 Fee: 909.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Legal, Licenses/Permits, Management, Other Utilities, Recreational Faclty, Security, Services

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25424-000-0210
  • Zoning: Resid Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2020
Sold by
Eyes On The Prize Llc
Bought by
Rippeto James Douglas and Rippeto Suzanne H
Current Estimated Value
$5,713,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,488,310
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$4,178,587

Purchase Details

Closed on
May 4, 2017
Sold by
Bethke Peter and Bethke Dawn
Bought by
Eyes On The Prize Llc
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
Rippeto James Douglas $3,975,000 Attorney
Eyes On The Prize Llc $3,100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rippeto James Douglas $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Off Market $575,000 -- --
04/30/2013 04/30/13 Sold $575,000 0.0% --
03/27/2013 03/27/13 Pending -- -- --
12/21/2012 12/21/12 For Sale $575,000 -- --
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 $35,835 $4,574,957 $1,250,000 $3,324,957
2023 $35,835 $3,388,525 $0 $0
2022 $32,372 $3,952,595 $1,003,843 $2,948,752
2021 $27,107 $2,800,434 $878,022 $1,922,412
2020 $26,305 $2,635,160 $803,280 $1,831,880
2019 $25,572 $2,575,005 $779,883 $1,795,122
2018 $24,811 $2,488,282 $0 $0
2017 $19,727 $1,990,323 $735,115 $1,255,208
2016 $18,297 $1,828,533 $0 $0
2015 $5,702 $561,000 $0 $0
2014 $5,258 $510,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Stephens

    Seller's Agent in 2013

    Mary Stephens

    The Mary Stephens Team

    (850) 974-2709

    17 Total Sales

    Section Image

  • G

    Seller Co-Listing Agent in 2013

    Greg Bahr

    ResortQuest Real Estate Seagrove Beach

  • J

    Buyer's Agent in 2013

    John Sullivan

    Scenic Sotheby's International Realty

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 588403

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25424-000-0210

Florida Walton County Santa Rosa Beach 32459 WaterColor

32 Vermilion Way, Santa Rosa Beach, FL

This home is located at 32 Vermilion Way, Santa Rosa Beach, FL 32459 since 21 December 2012 and is currently estimated at $5,666,897. 32 Vermilion 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.

Nearby Homes