M
Seller's Agent in 2021
Marilyn Carson
Strategic Retail
(832) 274-3800
3 in this area
65 Total Sales
384 W Water St Rosemary Beach, FL 32461
Estimated Value: $4,748,000 - $7,636,000
4
Beds
5
Baths
2,873
Sq Ft
$2,245/Sq Ft
Est. Value
Highlights
- Beach
- Deeded access to the beach
- Gulf View
- Dune Lakes Elementary School Rated A-
- Gunite Pool
- Newly Painted Property
About This Home
As of April 2021This iconic ROSEMARY BEACH home was originally featured on HGTV and was designed and built by VERN YIP of TRADING SPACES fame, along with architect Frank Green. The home was recently updated by the talented designer Melanie Turner of Atlanta with all NEW HARDWOODS and FURNISHINGS. Located just STEPS from the Rosemary Beach TOWN CENTER and the white sand BEACHES of the Emerald Coast with amazing gulf views. The home features dazzling CITY VIEWS as well, including The Pearl Hotel clock tower, which can be taken in from the WALL OF WINDOWS that spread across the SECOND FLOOR LIVING AREA. The uniqueness of this home is found throughout the architectural details and the one of a kind SECOND FLOOR INFINITY POOL. This is the only home in Rosemary that possesses this feature. This home is a favorite for many guest and it will not disappoint. From the boardwalk which leads straight to the beach, you enter through double glass doors into the foyer. The FIRST FLOOR includes 3 large BEDROOMS, 3 FULL BATHS and a HALLWAY SET OF BUNK BEDS with farm door closure. There is a small patio overlooking the boardwalk, laundry and several storage closets on this floor as well. Climb the staircase and you will ascend to the LIVING FLOOR which is open concept with large FAMILY ROOM, DINING ROOM, SITTING AREA and ISLAND KITCHEN. There is a FULL BATH, large front BALCONY with gorgeous GULF VIEWS as well as the door that leads you to the incredible SECOND FLOOR POOL DECK. The THIRD FLOOR is a private MASTER RETREAT complete with wall of windows overlooking the gulf, two balconies, laundry, huge closet and executive master bath with soaking tub and large walk in shower. This home is featured as part of the Rosemary Beach Cottage Rental Luxury Collection and is a favorite rental for many. With rental projections of approximately $275,000 a year this home will serve as a great investment property as well as a family retreat.
Last Agent to Sell the Property
Strategic Retail License #3292706 Listed on: 02/26/2021
Last Buyer's Agent
Garett Huber
Berkshire Hathaway HomeServices
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $33,696
Year Built
- Built in 2013 | Remodeled
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 80x32
- Corner Lot
- Sprinkler System
- Property is zoned Deed Restrictions, Resid Single Family
HOA Fees
- $465 Monthly HOA Fees
Parking
- 1 Car Garage
- Automatic Garage Door Opener
Home Design
- Caribbean Architecture
- Newly Painted Property
- Metal Roof
- Wood Trim
Interior Spaces
- 2,873 Sq Ft Home
- 3-Story Property
- Furnished
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Insulated Doors
- Living Room
- Gulf Views
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Gas Oven or Range
- Cooktop with Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Built-In Bunk Beds
- Split Bedroom Floorplan
- En-Suite Primary Bedroom
- Dressing Area
- 5 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Shower Only in Primary Bathroom
Laundry
- Dryer
- Washer
Home Security
- Storm Doors
- Fire and Smoke Detector
- Fire Sprinkler System
Eco-Friendly Details
- Energy-Efficient Doors
Pool
- Gunite Pool
- Outdoor Shower
Outdoor Features
- Deeded access to the beach
- Lock
- Balcony
- Covered Patio or Porch
Schools
- Dune Lakes Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- High Efficiency Air Conditioning
- Multiple cooling system units
- Two Heating Systems
- Central Heating
- Heating System Uses Natural Gas
- Multiple Water Heaters
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 35-3S-18-16068-023-0010
Community Details
Overview
- Association fees include accounting, ground keeping, land recreation, management, master, recreational faclty
- Rosemary Beach Subdivision
Amenities
- Picnic Area
- Recreation Room
Recreation
- Beach
- Tennis Courts
- Community Playground
- Community Pool
Security
- Building Fire Alarm
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2021
Closed on
Apr 26, 2021
Sold by
Aucoin Patrick H and Aucoin Martha A
Bought by
Smith Robert Allen and Smith Geri Beth
Seller's Agent
Marilyn Carson
Strategic Retail
Buyer's Agent
Garett Huber
Berkshire Hathaway HomeServices
List Price
$5,200,000
Sold Price
$5,200,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,250,277
Avg. Annual Appreciation
6.34%
Original Mortgage
$3,366,525
Outstanding Balance
$1,407,328
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,404,537
Purchase Details
Listed on
Nov 12, 2016
Closed on
Oct 26, 2016
Sold by
Yip Vernon Christopher and Koch Craig Bartlett
Bought by
Aucoin Patrick H and Aucoin Martha A
Seller's Agent
Mary Alice & Marsha
Scenic Sotheby's International Realty
Buyer's Agent
Marilyn Carson
Strategic Retail
List Price
$4,495,000
Sold Price
$4,495,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%
Original Mortgage
$2,500,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jan 16, 2013
Closed on
Jan 15, 2013
Sold by
Rosemary Beach Holdings Llc
Bought by
Yip Vernon Christopher and Koch Craig Bartlett
Seller's Agent
Linda Miller
Linda Miller Real Estate LLC
Buyer's Agent
Mary Alice Johnson
Rosemary Beach Realty LLC
List Price
$700,000
Sold Price
$700,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.55%
Purchase Details
Closed on
Jul 31, 2012
Sold by
Wells Fargo Bank N A
Bought by
Rosemary Beach Holdings 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
3.68%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 6, 2012
Sold by
Malugen Joe and Malugen Dena
Bought by
Wells Fargo Bank N A
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
3.68%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 6, 2002
Sold by
Rosemary Beach Land Company
Bought by
Gray Robert W and Gray Susanne M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,941,500
Interest Rate
6.31%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 30, 2002
Sold by
Rosemary Beach Land Company
Bought by
Malugen Joe T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,941,500
Interest Rate
6.31%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 26, 2002
Sold by
Rosemary Beach Land Company
Bought by
Cappo Jeffrey E and Berglands Ieva
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,941,500
Interest Rate
6.31%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 6, 2002
Sold by
Rosemary Beach Land Company
Bought by
Hutcheson Darren E and Hutcheson Sandra A
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
6.62%
Purchase Details
Closed on
May 10, 2002
Sold by
Rosemary Beach Land Company
Bought by
Freese Richard A and Freese Phyllis M
Purchase Details
Closed on
Mar 4, 2002
Sold by
Cole Beach Front Properties Llc
Bought by
Cole Patrick T and Cole Kerri L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.86%
Mortgage Type
Construction
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 |
|---|---|---|---|
| Smith Robert Allen | $5,200,000 | Aqua Title Services | |
| Aucoin Patrick H | $4,495,000 | Rodgers Kiefer Title | |
| Yip Vernon Christopher | $700,000 | Blue Title Llc | |
| Rosemary Beach Holdings Llc | $1,925,000 | Attorney | |
| Wells Fargo Bank N A | -- | Attorney | |
| Gray Robert W | $1,300,000 | -- | |
| Malugen Joe T | $2,820,000 | -- | |
| Widloski Mark | $1,300,000 | -- | |
| Cappo Jeffrey E | $1,100,000 | -- | |
| Hutcheson Darren E | $800,000 | -- | |
| Freese Richard A | $1,750,000 | -- | |
| Cole Patrick T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Robert Allen | $822,947 | |
| Closed | Smith Robert Allen | $822,947 | |
| Closed | Smith Robert Allen | $1,075,842 | |
| Open | Smith Robert Allen | $3,366,525 | |
| Previous Owner | Aucoin Patrick H | $2,500,000 | |
| Previous Owner | Koch Craig Bartlett | $417,000 | |
| Previous Owner | Koch Craig B | $500,000 | |
| Previous Owner | Rosemary Beach Holdings Llc | $1,000,000 | |
| Previous Owner | Gray Robert W | $1,941,500 | |
| Previous Owner | Cappo Jeffrey E | $1,000,000 | |
| Previous Owner | Cole Patrick T | $700,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/13/2022 11/13/22 | Off Market | $5,200,000 | -- | -- |
| 04/26/2021 04/26/21 | Sold | $5,200,000 | 0.0% | $1,810 / Sq Ft |
| 03/11/2021 03/11/21 | Pending | -- | -- | -- |
| 02/26/2021 02/26/21 | For Sale | $5,200,000 | +642.9% | $1,810 / Sq Ft |
| 02/13/2020 02/13/20 | Off Market | $700,000 | -- | -- |
| 11/12/2016 11/12/16 | For Sale | $4,495,000 | 0.0% | $1,565 / Sq Ft |
| 10/26/2016 10/26/16 | Sold | $4,495,000 | +542.1% | $1,565 / Sq Ft |
| 08/03/2016 08/03/16 | Pending | -- | -- | -- |
| 01/16/2013 01/16/13 | Sold | $700,000 | 0.0% | -- |
| 01/16/2013 01/16/13 | Pending | -- | -- | -- |
| 01/16/2013 01/16/13 | For Sale | $700,000 | -- | -- |
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 | $50,058 | $5,945,662 | $1,800,000 | $4,145,662 |
| 2023 | $50,058 | $5,441,986 | $0 | $0 |
| 2022 | $45,848 | $4,947,260 | $1,378,638 | $3,568,622 |
| 2021 | $34,510 | $3,565,224 | $1,148,419 | $2,416,805 |
| 2020 | $33,696 | $3,375,492 | $1,050,659 | $2,324,833 |
| 2019 | $32,524 | $3,275,037 | $1,020,058 | $2,254,979 |
| 2018 | $31,547 | $3,163,824 | $0 | $0 |
| 2017 | $30,946 | $3,122,313 | $962,368 | $2,159,945 |
| 2016 | $20,101 | $2,008,802 | $0 | $0 |
| 2015 | $18,917 | $1,861,001 | $0 | $0 |
| 2014 | $17,638 | $1,710,909 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Marilyn Carson
-
Garett Huber
Buyer's Agent in 2021
Garett Huber
Berkshire Hathaway HomeServices
(850) 267-0050
1 in this area
30 Total Sales
-
M
Seller's Agent in 2016
Mary Alice & Marsha
Scenic Sotheby's International Realty
-
Linda Miller
Seller's Agent in 2013
Linda Miller
Linda Miller Real Estate LLC
(850) 974-8885
12 in this area
55 Total Sales
-
M
Buyer's Agent in 2013
Mary Alice Johnson
Rosemary Beach Realty LLC
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 865182
APN: 35-3S-18-16068-023-0010
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.
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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