NOT LISTED FOR SALE

387 Tumblehome Way Santa Rosa Beach, FL 32459

Estimated Value: $1,660,046 - $2,000,000

4 Beds
4 Baths
2,371 Sq Ft
$782/Sq Ft Est. Value

Last Sold May 23, 2016

Last sale price $935,000 $394 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $11,330/month

216 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Beach House
  • Bay Elementary School Rated A-
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of May 2016

387 Tumblehome Way is in the WaterSound West Beach ''Pool Cottage District'' which is a small enclave of cottages conveniently located at the southern edge of the neighborhood directly next to the community pool! This home is one of the closest properties to not only the pool but also the Gulf in the entire subdivision! Interior features include Cypress wood and tile floors, 1st floor bath & master bath have a white granite slab flooring, Viking Professional Series Appliances, 10' ceiling on the 1st floor and vaulted on the 2nd floor. The exterior of the home offers cedar shake shingles, and two on-street, head-in parking spaces behind cottage. WaterSound West Beach is located on the south side of Hwy 30-A bordering Deer Lake State Park and features walking paths throughout, to the gulf and lakes, conservation areas, a clubhouse with an outdoor grill & fireplace, and a zero entry swimming pool with plenty of lounging areas. Buyer to verify all room dimensions.

2015 Insurance $5475.56
2015 Rental Revenue $80,839 with fees, not including 12% State tax

Last Agent to Sell the Property

Scott Markowitz

The Premier Property Group License #3222757 Listed on: 08/28/2015

Co-Listed By

Hayden Markowitz

The Premier Property Group Watercolor Office License #3277960

Last Buyer's Agent

Matthew Mcguire

Scenic Sotheby's International Realty License #3109654

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,133

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 75x34

HOA Fees

  • $294 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Beach House

Interior Spaces

  • 2,371 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Family Room
  • Dining Area
  • Wood Flooring
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Bay Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 19-3S-18-16500-000-1060

Community Details

Overview

  • Watersound West Beach Subdivision

Recreation

  • Golf Course Community
  • Community Pool

Additional Features

  • Community Pavilion
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,133

Year Built

Built in 2007

Lot Details

0

HOA Fees

$294 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 75x34
  • Co List Office Mls Id: ETP1
  • Co List Office Phone: 850-231-6500
  • Subdivision Name: WATERSOUND WEST BEACH
  • Directions: Traveling east on 30A, about 4 miles past Hwy 395, WaterSound West Beach is on your left. Call for gate code. Home is directly across from community pool.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2007
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:AC - High Efficiency: Yes
  • Rooms:Dining Area: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Rooms:Family Room: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Ceiling Vaulted, Floor Hardwood, Furnished - Some, Pantry
  • Interior:Floor Hardwood: Yes
  • Interior:Ceiling Vaulted: Yes

Exterior Features

  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • Carport Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Gas - Natural, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Golf, Pavillion/Gazebo, Pets Allowed, Pool, TV Cable
  • Association #2 Fee: 880.7
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 19-3S-18-16500-000-1060
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2015
Closed on
May 20, 2016
Sold by
Mitchell Brian C and Mitchell Kimberly G
Bought by
Colgan John A and Colgan Janet M
Seller's Agent
Scott Markowitz
The Premier Property Group
Buyer's Agent
Matthew Mcguire
Scenic Sotheby's International Realty
List Price
$935,000
Sold Price
$935,000
Current Estimated Value
$1,855,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$920,262
Avg. Annual Appreciation
7.92%
Original Mortgage
$701,250
Outstanding Balance
$324,990
Interest Rate
2.86%
Mortgage Type
New Conventional
Estimated Equity
$1,567,971

Purchase Details

Closed on
Dec 12, 2007
Sold by
Chambers Street Builders Inc
Bought by
Mitchell Brian C and Mitchell Kimberly G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2007
Sold by
The St Joe Co
Bought by
Chambers Street Builders Inc
Source: Public Records

Range of Values:

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Average Value
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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
Colgan John A $935,000 Attorney
Mitchell Brian C $750,000 Southern Escrow & Title Llc
Chambers Street Builders Inc $290,500 Residential Cmnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colgan John A $701,250
Previous Owner Mitchell Brian C $600,000
Previous Owner Chambers Street Builders Inc $1,220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2016 05/23/16 Sold $935,000 0.0% $394 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
08/28/2015 08/28/15 For Sale $935,000 -- $394 / 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 $11,133 $1,386,682 $546,250 $840,432
2023 $11,133 $968,000 $0 $0
2022 $10,616 $1,441,159 $423,564 $1,017,595
2021 $7,820 $815,868 $280,132 $535,736
2020 $7,260 $727,273 $256,285 $470,988
2019 $7,007 $705,569 $248,821 $456,748
2018 $7,157 $717,792 $0 $0
2017 $6,829 $689,007 $260,832 $428,175
2016 $6,185 $637,980 $0 $0
2015 $5,704 $577,988 $0 $0
2014 $5,083 $493,091 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 737092

Emerald Coast Association of REALTORS®

APN: 19-3S-18-16500-000-1060