B
Seller's Agent in 2023
Blake Morar Group
Scenic Sotheby's International Realty
40 Sandy Creek Dr Santa Rosa Beach, FL 32459
WaterColor NeighborhoodEstimated Value: $3,029,000 - $4,105,000
4
Beds
5
Baths
3,359
Sq Ft
$1,058/Sq Ft
Est. Value
Highlights
- Marina
- Boat Dock
- Fishing
- Bay Elementary School Rated A-
- Deeded access to the beach
- Covered Deck
About This Home
As of March 2023This remarkable custom-built home in WaterColor was designed with family gatherings and happy celebrations in mind. With large picture windows and shady porches, this home epitomizes Southern living at its best. It offers numerous rooms for cozy chats and get-togethers and includes two staircases in the expansive floor plan. Fully furnished, this family-friendly residence is ready to accommodate all your summer guests. The light, bright first floor has low maintenance tile plank flooring and a flow of intimate living spaces including a swoon-worthy kitchen. White drawer-lined cabinets house a plethora of gadgets and appliances. A half-height peninsula and a breakfast bar on either side maintain the open space for conversation in both directions. It creates an orderly food-centric hub for effortlessly serving up snacks, drinks and family meals on the veined marble countertops. There's a separate wet bar with wine cooler to take care of perfectly chilled drinks. More living space includes a formal dining area and TV area along with two guest bedrooms, both ensuites. The second floor accommodates the master suite and an additional guest bedroom and bathroom. The master ensuite has floating cabinets with dual vanities, a contemporary soaking tub and a separate shower. Across the breezeway find a "secret" bunk room/living space that kids will love. Tucked beneath the eaves, it has its own private porch for quiet reading and relaxing. WaterColor amenities are unparalleled and this home is well located to take advantage of them all. It's a short walk to Frog Pool and Camp WaterColor, which has a popular lazy river and poolside cafe. Guests can spend time at multiple pools, head to the exclusive Beach Club or enjoy trying out new watersports at the Marina on Western Lake. Set behind greenery on a quiet cul-de-sac, this beach property has great curb appeal and faces WaterColor Park. Backing onto protected land, the lot boasts natural landscaping and ample parking for three vehicles.
Last Agent to Sell the Property
Blake Morar Group
Scenic Sotheby's International Realty Listed on: 01/27/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,550
Year Built
- Built in 2008
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 122x99x93x96
- Irregular Lot
HOA Fees
- $554 Monthly HOA Fees
Home Design
- Beach House
- Metal Roof
- Wood Trim
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 3,359 Sq Ft Home
- 2-Story Property
- Wet Bar
- Furnished
- Crown Molding
- Ceiling Fan
- Window Treatments
- Living Room
- Dining Room
- Bonus Room
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Gas Oven or Range
- Self-Cleaning Oven
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- 5 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
- Garden Bath
Laundry
- Dryer
- Washer
Outdoor Features
- Deeded access to the beach
- Covered Deck
- Built-In Barbecue
- Porch
Schools
- Van R Butler Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Multiple cooling system units
- Central Air
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 15-3S-19-25419-000-0180
Community Details
Overview
- Association fees include accounting, internet service, land recreation, licenses/permits, management, master, recreational faclty, security, cable TV, trash
- Watercolor Subdivision
- The community has rules related to covenants
Amenities
- Community Barbecue Grill
- Picnic Area
- Community Pavilion
Recreation
- Boat Dock
- Marina
- Beach
- Tennis Courts
- Community Playground
- Community Pool
- Fishing
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 27, 2023
Closed on
Mar 21, 2023
Sold by
Pegrum Creek Llc
Bought by
Davis Brett and Davis George Tracey
Seller's Agent
Blake Morar Group
Scenic Sotheby's International Realty
Buyer's Agent
Jenny Brennan
Christies International Real Estate Emerald Coast
List Price
$3,499,000
Sold Price
$3,300,000
Premium/Discount to List
-$199,000
-5.69%
Views
40
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
$255,224
Avg. Annual Appreciation
2.01%
Original Mortgage
$1,500,000
Outstanding Balance
$1,461,189
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$2,001,539
Purchase Details
Listed on
Jul 8, 2021
Closed on
Sep 21, 2021
Sold by
Torres Carlos E and Torres Luciana V
Bought by
Pegrum Creek Llc
Seller's Agent
Cathy Turner
Compass
Buyer's Agent
Cathy Turner
RE/MAX Southern Realty
List Price
$2,699,000
Sold Price
$2,699,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.34%
Original Mortgage
$2,159,200
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Nov 6, 2017
Closed on
Apr 27, 2018
Sold by
Sh&P Consulting Llc
Bought by
Torres Carlos E and Torres Luciana V
Seller's Agent
Bucketlist Broker Team
Better Homes and Gardens Real Estate Emerald Coast
Buyer's Agent
Peter Mohylsky
Keller Williams Realty Nville
List Price
$1,000,000
Sold Price
$1,000,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.80%
Purchase Details
Closed on
Oct 27, 2008
Sold by
Serenity Investments Llc
Bought by
S H & P Consulting Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 14, 2003
Sold by
St Joe Arvida Home Building Lp
Bought by
Serenity Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.04%
Mortgage Type
Balloon
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 |
|---|---|---|---|
| Davis Brett | $3,300,000 | Foundation Title & Escrow | |
| Pegrum Creek Llc | $2,699,000 | Emerald Coast Title Svcs Llc | |
| Torres Carlos E | $1,000,000 | Emerald Coast Title Svcs Llc | |
| S H & P Consulting Llc | $1,200,000 | None Available | |
| Serenity Investments Llc | $221,500 | Residential Cmnty Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Davis Brett | $1,500,000 | |
| Previous Owner | Pegrum Creek Llc | $2,159,200 | |
| Previous Owner | S H & P Consulting Llc | $1,080,000 | |
| Previous Owner | Serenity Investments Llc | $195,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2023 03/22/23 | Sold | $3,300,000 | +1.5% | $982 / Sq Ft |
| 02/19/2023 02/19/23 | Pending | -- | -- | -- |
| 02/18/2023 02/18/23 | Price Changed | $3,250,000 | -7.1% | $968 / Sq Ft |
| 01/27/2023 01/27/23 | For Sale | $3,499,000 | +29.6% | $1,042 / Sq Ft |
| 12/21/2021 12/21/21 | Off Market | $2,699,000 | -- | -- |
| 09/21/2021 09/21/21 | Sold | $2,699,000 | 0.0% | $804 / Sq Ft |
| 07/19/2021 07/19/21 | Pending | -- | -- | -- |
| 07/08/2021 07/08/21 | For Sale | $2,699,000 | +169.9% | $804 / Sq Ft |
| 07/28/2019 07/28/19 | Off Market | $1,000,000 | -- | -- |
| 04/27/2018 04/27/18 | Sold | $1,000,000 | 0.0% | $298 / Sq Ft |
| 03/25/2018 03/25/18 | Pending | -- | -- | -- |
| 11/06/2017 11/06/17 | For Sale | $1,000,000 | -- | $298 / 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 | $23,538 | $2,711,769 | $757,264 | $1,954,505 |
| 2023 | $23,538 | $2,590,488 | $757,264 | $1,833,224 |
| 2022 | $23,010 | $2,482,907 | $840,563 | $1,642,344 |
| 2021 | $9,525 | $1,021,688 | $0 | $0 |
| 2020 | $9,686 | $1,007,582 | $672,622 | $334,960 |
| 2019 | $9,483 | $992,261 | $653,032 | $339,229 |
| 2018 | $13,233 | $1,327,118 | $0 | $0 |
| 2017 | $12,929 | $1,304,455 | $615,545 | $688,910 |
| 2016 | $12,420 | $1,265,667 | $0 | $0 |
| 2015 | $11,796 | $1,210,911 | $0 | $0 |
| 2014 | $10,555 | $1,041,261 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Jenny Brennan
J
Buyer's Agent in 2023
Jenny Brennan
Christies International Real Estate Emerald Coast
(850) 842-0260
4 in this area
9 Total Sales
-
Cathy Turner
Seller's Agent in 2021
Cathy Turner
Compass
(850) 502-3422
10 in this area
54 Total Sales
-
C
Buyer's Agent in 2021
Cathleen Turner
The Premier Property Group Watercolor Office
-
B
Seller's Agent in 2018
Bucketlist Broker Team
Better Homes and Gardens Real Estate Emerald Coast
-
P
Buyer's Agent in 2018
Peter Mohylsky
Keller Williams Realty Nville
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 915782
APN: 15-3S-19-25419-000-0180
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