H
Seller's Agent in 2020
Hilary & Jacob
Corcoran Reverie SRB
35 N Watch Tower Ln Inlet Beach, FL 32413
Watersound NeighborhoodEstimated Value: $2,039,192 - $2,215,000
6
Beds
6.5
Baths
4,900
Sq Ft
$434/Sq Ft
Est. Value
Highlights
- Beach
- Upgraded Media Wing
- Gulf View
- Bay Elementary School Rated A-
- Heated In Ground Pool
- Gated Community
About This Home
As of August 2020With its timeless, elegant architecture and ideal location on a quiet, premier, tree-lined street this Coastal estate stands apart as one of the finest private residences ever offered in WaterSound Beach. This incredible property features a 5 bedroom, 5-1/2 bath main residence, 1 bedroom, 1 bath carriage house and 2-car garage. Infused with dazzling natural light and defined by turn-key elegance, the main residence captures every imaginable luxury for world-class entertaining and offers sweeping views from the 4th floor tower.
Real wood tongue & groove 12-foot walls grace the entirety of the home, leading the way to an elegant library and oversized first floor laundry room. An elegant hall leads to the great room with pecky cypress trey ceilings open into the kitchen and adjacent trey ceilings open into the kitchen and adjacent private dining room. Quartzite countertops elegantly sit atop the custom pecky cabinetry and flanking the oversized island. Thermador gas stove and refrigerator, a pair of Bosch dishwashers and freezers drawers only add to the quality of the chef's kitchen.
The 2nd floor offers a master retreat with his and her closets and spa-like bath, with access to the rear screened-in porch. Three guest quarters with en-suites, a 2nd-floor laundry and screened-in porch complete the second floor. Taking the elevator to the third floor, a wet bar/morning kitchen and secondary media room await. The outdoor seating area opens to the spiral staircase to the tower where stunning gulf views beckon early morning coffee watching the sunrise.
Additional amenities to the home include Pecky Cypress accenting the ceilings & custom doors throughout the home, whole house central vacuum system, Nano doors, outdoor kitchen, heated pool, custom furnishings, 2-car garage and one-bedroom carriage house complete this coastal residence.
Enjoy all of this among the exclusive luxuries and amenities of WaterSound Beach, just a stone's throw from the world-class beaches and a short Golf cart or bike ride away from award-winning restaurants, shopping and more.
Last Agent to Sell the Property
Hilary & Jacob
Corcoran Reverie SRB Listed on: 01/24/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,745
Year Built
- Built in 2012
Lot Details
- Lot Dimensions are 55x105x60x105
HOA Fees
- $430 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
Home Design
- Beach House
- Shingle Roof
- Shake Siding
Interior Spaces
- 4,900 Sq Ft Home
- 4-Story Property
- Furnished
- Built-in Bookshelves
- Crown Molding
- Beamed Ceilings
- Recessed Lighting
- Fireplace
- Window Treatments
- Living Room
- Upgraded Media Wing
- Screened Porch
- Gulf Views
- Home Security System
- Dryer
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Gas Oven or Range
- Self-Cleaning Oven
- Microwave
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
- Maid or Guest Quarters
- In-Law or Guest Suite
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
Outdoor Features
- Heated In Ground Pool
- Covered Deck
- Open Patio
Schools
- Dune Lakes Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Multiple cooling system units
- Central Heating
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 20-3S-18-16012-000-0510
Community Details
Overview
- Watersound Beach Subdivision
- The community has rules related to covenants
Recreation
- Beach
- Community Pool
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 10, 2023
Sold by
Pointe Construction Llc
Bought by
Lafrate Dominic C
Current Estimated Value
Purchase Details
Closed on
Oct 11, 2021
Sold by
Flood Patrick S and Flood Lisa M
Bought by
Pointe Construction Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,293,750
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Jan 24, 2020
Closed on
Aug 28, 2020
Sold by
Felin Donald R and Felin Vita
Bought by
Flood Patrick S and Flood Lisa M
Seller's Agent
Hilary & Jacob
Corcoran Reverie SRB
Buyer's Agent
Andy Wiggins
The Beach Group Properties LLC
List Price
$3,500,000
Sold Price
$3,500,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.74%
Purchase Details
Listed on
Dec 7, 2012
Closed on
Dec 7, 2012
Sold by
Rice James Alex and Rice Cynthia S
Bought by
Felin Donald R and Donald R Felin Trust
Seller's Agent
Hilary Farnum-Fasth
Corcoran Reverie SRB
Buyer's Agent
Hilary Farnum
Legendary Realty Inc
List Price
$2,100,000
Sold Price
$2,100,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$650,000
Interest Rate
3.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 20, 2012
Sold by
Perloe Michele and Williams Jane M
Bought by
Rice James Alex and Rice Cynthia S
Purchase Details
Closed on
Sep 1, 2004
Sold by
Ponderosa Properties Llc
Bought by
Perloe Michele and Williams Jane M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,500
Interest Rate
6.01%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 18, 2004
Sold by
St Joe Arvida Home Building Lp
Bought by
Ponderosa Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,441
Interest Rate
6.25%
Mortgage Type
Unknown
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lafrate Dominic C | $1,900,000 | -- | |
| Pointe Construction Llc | $1,725,000 | Elite Title | |
| Flood Patrick S | $3,500,000 | Shoreline Title Llc | |
| Felin Donald R | $2,100,000 | Attorney | |
| Rice James Alex | $275,000 | Attorney | |
| Perloe Michele | $895,000 | Mcneese Title Llc | |
| Ponderosa Properties Llc | $691,500 | Residential Cmnty Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pointe Construction Llc | $1,293,750 | |
| Previous Owner | Felin Donald R | $500,000 | |
| Previous Owner | Felin Donald R | $650,000 | |
| Previous Owner | Rice James Alex | $815,000 | |
| Previous Owner | Perloe Michele | $805,500 | |
| Previous Owner | Ponderosa Properties Llc | $632,441 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2020 08/28/20 | Sold | $3,500,000 | 0.0% | $714 / Sq Ft |
| 07/17/2020 07/17/20 | Pending | -- | -- | -- |
| 01/24/2020 01/24/20 | For Sale | $3,500,000 | +66.7% | $714 / Sq Ft |
| 06/23/2019 06/23/19 | Off Market | $2,100,000 | -- | -- |
| 12/07/2012 12/07/12 | Sold | $2,100,000 | 0.0% | $535 / Sq Ft |
| 12/07/2012 12/07/12 | Pending | -- | -- | -- |
| 12/07/2012 12/07/12 | For Sale | $2,100,000 | -- | $535 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $12,684 | $1,535,552 | $1,535,552 | -- |
| 2023 | $12,684 | $1,395,956 | $1,395,956 | $0 |
| 2022 | $14,360 | $1,549,512 | $1,549,512 | $0 |
| 2021 | $29,673 | $3,065,512 | $1,084,238 | $1,981,274 |
| 2020 | $17,228 | $2,504,063 | $901,765 | $1,602,298 |
| 2019 | $16,745 | $1,723,491 | $0 | $0 |
| 2018 | $16,493 | $1,691,355 | $0 | $0 |
| 2017 | $16,051 | $1,656,567 | $0 | $0 |
| 2016 | $15,865 | $1,622,495 | $0 | $0 |
| 2015 | $16,003 | $1,611,216 | $0 | $0 |
| 2014 | $16,100 | $1,598,429 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Andy Wiggins
Buyer's Agent in 2020
Andy Wiggins
The Beach Group Properties LLC
(850) 225-8887
10 in this area
82 Total Sales
-
Hilary Farnum-Fasth
Seller's Agent in 2012
Hilary Farnum-Fasth
Corcoran Reverie SRB
(850) 685-0171
3 in this area
80 Total Sales
-
H
Buyer's Agent in 2012
Hilary Farnum
Legendary Realty Inc
-
H
Buyer's Agent in 2012
Hilary Fasth
Beachy Beach 30A Real Estate
-
e
Buyer's Agent in 2012
ecn.rets.brokerage.e1345
ecn.rets.RETS_OFFICE
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 838847
APN: 20-3S-18-16012-000-0510
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