NOT LISTED FOR SALE

331 Plimsoll Way Watersound, FL 32461

Seagrove Beach Neighborhood

Estimated Value: $2,518,000 - $2,848,000

0.2 Acre
$13,769,170 Price per Acre
8,712 Sq Ft Lot

Last Sold April 06, 2016

Last sale price $415,000

Est. 564% increase in value since last sale

Current estimated payment $16,256/month

163 Days on Market

Highlights

  • Lake Front
  • Beach
  • Community Pool
  • Dune Lakes Elementary School Rated A-
  • Gated Community
  • Community Barbecue Grill

About This Lot

As of April 2016

This end-cut lakefront lot is THE ONLY home site now available on the lake! All Developer Lake Lots have recently sold. With 76' of lake frontage and a private Beach Boardwalk across the street, this location makes for easy access to the Gulf as well as the Community Pool. Community Amenities include a zero entry swimming pool with barbecue facilities and outdoor fireplace, parks and green spaces, a puttering park, nature trails, private beach access and use of the WaterSound Beach Fitness Center. Bordered by Deer Lake State Park and the Gulf of Mexico, this coastal community of only 199 home sites, will make a great location for your beach home! Tap Fee paid. Survey and preliminary house plans available. NO BUILD OUT.

Last Agent to Sell the Property

Lisa Mains

Berkshire Hathaway HomeServices Listed on: 10/20/2015

Last Buyer's Agent

- Ecn.rets.e9751

ecn.rets.RETS_OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,344

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 76x110x70x84
  • Lake Front
  • Level Lot
  • Property is zoned Deed Restrictions, Resid Single Family

HOA Fees

  • $243 Monthly HOA Fees

Schools

  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Gas Available
  • Water Tap Fee Is Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 19-3S-18-16500-000-1410

Community Details

Overview

  • Association fees include accounting, ground keeping, management, recreational faclty, security, cable TV, trash
  • Watersound West Beach Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room

Recreation

  • Beach
  • Community Pool

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,344

Lot Details

0

HOA Fees

$243 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.2
  • Lot Size: 76X110X70X84
  • Road Surface Type: Paved Road
  • Subdivision Name: WATERSOUND WEST BEACH
  • Directions: WaterSound West Beach is located 4.5 miles east of WaterColor or one mile west of WaterSound Beach, adjacent to the Deer Lake State Park, on Scenic Hwy 30A. From 30A entrance into WaterSound West Beach, stay on Plimsoll and cross Tumblehome Way. Continue on Plimsoll to last lot on left.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Gas Available: Yes
  • Utilities:Tap Fee Paid: Yes
  • Utilities:Gas - Natural: Yes
  • Waterfront:Lake: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Level, Restrictions, Survey Available
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Lot Features:Level: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Restrictions: Yes

Utilities

  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, Tap Fee Paid, Gas Available

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Exercise Room, Gated Community, Picnic Area, Pool, TV Cable, Owners Pets Allowed
  • Association #2 Fee: 728.2
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management, Recreational Faclty, Security, Cable TV, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 19-3S-18-16500-000-1410
  • Zoning: Deed Restrictions, Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2344.07
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2019
Sold by
Borghesi Michael P and Borghesi Joni R
Bought by
Borghesi Michael P and Borghesi Joni R
Current Estimated Value
$2,753,834

Purchase Details

Listed on
Oct 20, 2015
Closed on
Apr 6, 2016
Sold by
Mains Lisa M
Bought by
Borghesi Michael P and Borghesi Joni R
Seller's Agent
Lisa Mains
Berkshire Hathaway HomeServices
Buyer's Agent
- Ecn.rets.e9751
ecn.rets.RETS_OFFICE
List Price
$415,000
Sold Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.94%

Purchase Details

Closed on
Jan 20, 2012
Sold by
Branch Banking & Trust Company
Bought by
Mains Lisa M

Purchase Details

Closed on
Oct 24, 2011
Sold by
Junkin Clatus K
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Oct 28, 2005
Sold by
St Joe Home Building Lp
Bought by
Junkin Clatus K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$694,000
Interest Rate
5.76%
Mortgage Type
Unknown
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
Borghesi Michael P -- Attorney
Borghesi Michael P $415,000 Blue Title Llc
Mains Lisa M $150,000 Blue Title Llc
Branch Banking & Trust Company $60,100 Attorney
Junkin Clatus K $771,500 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Junkin Clatus K $694,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2020 03/15/20 Off Market $415,000 -- --
04/06/2016 04/06/16 Sold $415,000 0.0% --
03/31/2016 03/31/16 Pending -- -- --
10/20/2015 10/20/15 For Sale $415,000 -- --
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 $17,476 $2,345,753 $882,000 $1,463,753
2023 $17,476 $1,479,317 $0 $0
2022 $16,598 $2,287,847 $576,368 $1,711,479
2021 $12,235 $1,306,405 $423,730 $882,675
2020 $11,095 $1,111,433 $351,459 $759,974
2019 $3,389 $341,222 $341,222 $0
2018 $3,670 $368,093 $0 $0
2017 $3,722 $375,579 $375,579 $0
2016 $3,022 $361,133 $0 $0
2015 $2,613 $293,485 $0 $0
2014 -- $254,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lisa Mains

    Berkshire Hathaway HomeServices

  • -

    Buyer's Agent in 2016

    - Ecn.rets.e9751

    ecn.rets.RETS_OFFICE

  • J

    Buyer's Agent in 2016

    Jason Stephens

    The Premier Property Group Watercolor Office

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 729831

Emerald Coast Association of REALTORS®

APN: 19-3S-18-16500-000-1410

Florida Walton County Watersound 32459 Seagrove Beach

331 Plimsoll Way, Watersound, FL

This home is located at 331 Plimsoll Way, Watersound, FL 32461 since 20 October 2015 and is currently estimated at $2,753,834. 331 Plimsoll Way is a home located in Walton County with nearby schools including Dune Lakes 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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