NOT LISTED FOR SALE

388 Cannonball Ln Unit Lot 205 Alys Beach, FL 32461

Watersound Origins Neighborhood

Estimated Value: $2,191,058 - $2,386,000

5 Beds
5.5 Baths
3,552 Sq Ft
$643/Sq Ft Est. Value

Last Sold February 07, 2022

Last sale price $2,420,000 $681 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $13,960/month

5 Days on Market

Highlights

  • Boat Dock
  • On Golf Course
  • Fishing
  • Bay Elementary School Rated A-
  • Cabana
  • Maid or Guest Quarters

About This Home

As of February 2022

With an enviable location that backs up to the golf course in WaterSound Origins, this Cape Cod-style home sits on a large lot and offers the ultimate in indoor and outdoor living. Offered fully furnished minus a few exclusions, this 5 bedroom, 5.5 bath plus bunk-room home boasts more than 3,550 square feet of living space with a two-car garage and carriage house. The open floor plan is ideal for full-time living or use as a vacation home with hardwood floors, quartz countertops throughout, tile in the bathrooms and Cumaru decking in an abundant outdoor living space that includes a cabana with fireplace and TV, fully-equipped summer kitchen and private pool with sun shelf and spa. Inside, the kitchen with pantry, center island and Wolf and Sub-Zero appliances opens into an.. ..adjacent breakfast nook and large great room with a wall of sliding glass doors that disappear into the wall and connect the interior and exterior living spaces. The owner's suite is conveniently located on the first floor with three additional bedrooms and a bunk room upstairs. A second-floor den offers an inviting space for teenagers, family gatherings or everyday living. Notable updates to the home include the addition of a carriage house over the garage and whole-home lighting and blind automation. Control4 and Sonos whole-home sound systems offer added convenience. WaterSound Origins is replete with luxurious amenities including golf, a fitness center, five miles of biking trails, a community pool, parks and green spaces, and dock access at Lake Powell. Enjoy the newly-built farmers market and neighborhood events just steps from your front door.

Last Agent to Sell the Property

Cynthia Cobine

Scenic Sotheby's International Realty Brokerage Email: cindi@scenicsir.com License #3102606 Listed on: 12/16/2021

Scenic Sotheby's International Realty

Co-Listed By

Cliff Cohen

Scenic Sotheby's International Realty Brokerage Email: cindi@scenicsir.com License #541210

Last Buyer's Agent

Catherine Lynn

Berkshire Hathaway HomeServices License #3468429

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,261

Year Built

  • Built in 2017

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x146x64x141
  • Property fronts a private road
  • On Golf Course
  • Back Yard Fenced
  • Interior Lot
  • Sprinkler System

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Automatic Garage Door Opener

Home Design

  • Florida Architecture
  • Exterior Columns
  • Wallpaper
  • Frame Construction
  • Dimensional Roof
  • Pitched Roof
  • Composition Shingle Roof
  • Wood Trim
  • Cement Board or Planked

Interior Spaces

  • 3,552 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Shelving
  • Crown Molding
  • Recessed Lighting
  • Fireplace
  • Window Treatments
  • Great Room
  • Pull Down Stairs to Attic
  • Exterior Washer Dryer Hookup

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Built-In Bunk Beds
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Pool

  • Cabana
  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Built-In Barbecue

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating
  • Underground Utilities
  • Water Tap Fee Is Paid
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 25-3S-18-16210-000-2050

Community Details

Overview

  • Association fees include accounting, land recreation, management, security
  • Watersound Origins Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Community Pavilion
  • Recreation Room

Recreation

  • Boat Dock
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,261

Year Built

Built in 2017

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 80x146x64x141
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: EDR3
  • Co List Office Phone: 850-231-6052
  • Subdivision Name: WATERSOUND ORIGINS
  • Directions: Watersound Origins is located along the north side of Hwy 98 a few miles West of Rosemary Beach. Head North into the community on Watersound Parkway, turn right onto Pathways Drive and follow it to the four way stop at the end of Origins Golf Course, continue Pathways Drive and the sales center is located on the left just past the Golf Shop.
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2017
  • Attribution Contact: cindi@scenicsir.com
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Energy:Storm Windows: Yes
  • Rooms:Great Room: Yes
  • Energy:Storm Doors: Yes
  • Rooms:Separate Apartment: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Ice Machine, Microwave, Range Hood, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Gas, Warranty Provided
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Floor Hardwood, Floor Tile, Furnished - All, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Pantry, Pull Down Stairs, Shelving, Wallpaper, Washer/Dryer Hookup, Window Treatment All
  • Window Features: Storm Window(s)
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Warranty Provided: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Pull Down Stairs: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Security System: Yes
  • Interior:Shelving: Yes
  • Interior:Hallway Bunk Beds: Yes
  • Interior:Wallpaper: Yes

Exterior Features

  • Lot Features: Covenants, Curb & Gutter, Golf Course, Interior, Restrictions, Sidewalk
  • Pool Features: Pool Type
  • Construction Type: Block, Frame, Roof Dimensional Shg, Roof Pitched, Siding CmntFbrHrdBrd, Slab, Trim Wood
  • Exterior Features: BBQ Pit/Grill, Cabana, Columns, Deck Covered, Fenced Back Yard, Fireplace, Guest Quarters, Patio Covered, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Porch, Porch Open, Sprinkler System, Summer Kitchen
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Block: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • Exterior:Deck Covered: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Pool - In-Ground: Yes
  • Lot Features:Golf Course: Yes
  • Exterior:Columns: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Lot Features:Sidewalk: Yes
  • Exterior:BBQ PitGrill: Yes
  • Lot Features:Curb Gutter: Yes
  • Exterior:Fireplace2: Yes
  • Exterior:Guest Quarters: Yes
  • Exterior:Pool - Gunite Concrt: Yes
  • Exterior:Summer Kitchen: Yes
  • Exterior:Cabana: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Oversized
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Oversized: Yes

Utilities

  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Gas - Natural, Phone, Public Sewer, Public Water, Tap Fee Paid, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Community Room, Dock, Exercise Room, Fishing, Golf, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis
  • Association #2 Fee: 525.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Land Recreation, Management, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 25-3S-18-16210-000-2050
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10261.26
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2021
Closed on
Feb 7, 2022
Sold by
Horlock Philip S and Horlock Pamela S
Bought by
Robinson James C
Seller's Agent
Cynthia Cobine
Scenic Sotheby's International Realty
Buyer's Agent
Catherine Lynn
Berkshire Hathaway HomeServices
List Price
$2,420,000
Sold Price
$2,420,000
Current Estimated Value
$2,283,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$136,735
Avg. Annual Appreciation
-1.64%
Original Mortgage
$1,936,000
Outstanding Balance
$1,781,387
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$501,878

Purchase Details

Listed on
Aug 31, 2016
Closed on
Jul 25, 2017
Sold by
Wso Cannonball Lane Llc
Bought by
Horlock Philip and Horlock Pamela S
Seller's Agent
Hunter Harman
Watersound Real Estate
Buyer's Agent
Cynthia Cobine
Scenic Sotheby's International Realty
List Price
$1,224,648
Sold Price
$1,224,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.19%
Source: Public Records

Range of Values:

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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
Robinson James C $2,420,000 Blue Title
Horlock Philip $1,224,648 Burke Law & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson James C $1,936,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2022 02/07/22 Sold $2,420,000 0.0% $681 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
12/16/2021 12/16/21 For Sale $2,420,000 +97.6% $681 / Sq Ft
07/25/2017 07/25/17 Sold $1,224,648 0.0% $391 / Sq Ft
08/31/2016 08/31/16 For Sale $1,224,648 -- $391 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
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 $16,132 $1,813,748 $412,500 $1,401,248
2023 $16,132 $1,813,748 $412,500 $1,401,248
2022 $12,107 $1,462,588 $230,264 $1,232,324
2021 $10,261 $1,060,081 $201,403 $858,678
2020 $10,014 $1,003,116 $184,258 $818,858
2019 $9,654 $972,148 $177,171 $794,977
2018 $9,348 $937,467 $0 $0
2017 $1,224 $147,807 $147,807 $0
2016 $1,070 $123,585 $0 $0
2015 $822 $80,850 $0 $0
2014 $698 $73,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 887551

Emerald Coast Association of REALTORS®

APN: 25-3S-18-16210-000-2050