J
Seller's Agent in 2020
Judy Jones
Watersound Real Estate
(850) 428-1072
7 in this area
36 Total Sales
42 Vermilion Way Santa Rosa Beach, FL 32459
WaterColor NeighborhoodEstimated Value: $5,293,589 - $6,049,000
5
Beds
6
Baths
4,641
Sq Ft
$1,221/Sq Ft
Est. Value
Highlights
- Boat Dock
- Beach
- Fishing
- Bay Elementary School Rated A-
- Heated In Ground Pool
- Beach House
About This Home
As of October 2020Located in coveted Phase 3, on Vermilion Way in Watercolor, complete with salt water pool is an opportunity to acquire this property of unprecedented grand scale, and exceptional architecture. A stunning 5-bedroom plus bunk room along with 5-1/2 bath residences offers unparalleled design and flow, embodying the Watercolor lifestyle.
From the wide front porch and grand entryway, the home captivates the eye from the moment you enter. Wide plank white oak hardwood flooring and boasting interior millwork milled from a family farm in Wisconsin, the salvaged wooden beams and black walnut sets this one of a kind property far ahead of the rest.
Tasteful furnishings and quality workmanship
invite you to appreciate he gracious and inviting living spaces, comfort is at a premium here. and an unrivaled Master Suite with richly appointed bathrooms, magnificent dining space, expansive chef's kitchen equipped with professional-grade appliances offering the perfect location hosting VIP's or family holidays celebrating together.
Notable features include 12' ceilings on first floor, 10' on upper levels,custom built-in closets, shiplap wall and ceiling, marble floors in master bath, Quartzite countertops, upgraded A/V and lighting.
Truly a world-class destination of enduring character and quiet elegance for the consummate Watercolor lifestyle.
Last Agent to Sell the Property
Watersound Real Estate License #3365163 Listed on: 07/30/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,549
Year Built
- Built in 2015
Lot Details
- 7,971
HOA Fees
- $530 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Guest Parking
- Golf Cart Parking
Home Design
- Beach House
- Wallpaper
Interior Spaces
- 4,641 Sq Ft Home
- 2-Story Property
- Built-in Bookshelves
- Woodwork
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Great Room
- Dining Area
- Den
- Screened Porch
- Painted or Stained Flooring
- Home Security System
Kitchen
- Walk-In Pantry
- Gas Oven or Range
- Self-Cleaning Oven
- Range Hood
- Freezer
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Kitchen Island
- Trash Compactor
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Dressing Area
- 6 Full Bathrooms
- Cultured Marble Bathroom Countertops
Laundry
- Dryer
- Washer
Pool
- Heated In Ground Pool
- Spa
Outdoor Features
- Covered Deck
- Outdoor Kitchen
Schools
- Dune Lakes Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- High Efficiency Air Conditioning
- Multiple cooling system units
- Central Air
- Underground Utilities
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 15-3S-19-25424-000-0210
Community Details
Overview
- Association fees include accounting, ground keeping, internet service, management, recreational faclty, repairs/maintenance, security, cable TV, trash
- Watercolor Subdivision
Recreation
- Boat Dock
- Beach
- Tennis Courts
- Community Playground
- Community Pool
- Fishing
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2020
Closed on
Oct 16, 2020
Sold by
Eyes On The Prize Llc
Bought by
Rippeto James Douglas and Rippeto Suzanne H
Seller's Agent
Judy Jones
Watersound Real Estate
Buyer's Agent
Ann Mosely
Berkshire Hathaway HomeServices
List Price
$3,975,000
Sold Price
$3,975,000
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
$1,738,683
Avg. Annual Appreciation
7.61%
Original Mortgage
$2,000,000
Outstanding Balance
$1,488,310
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$4,173,388
Purchase Details
Listed on
Feb 2, 2017
Closed on
May 4, 2017
Sold by
Bethke Peter and Bethke Dawn
Bought by
Eyes On The Prize Llc
Seller's Agent
John Sullivan
Watersound Real Estate
Buyer's Agent
Andy & Christina Meinen
Scenic Sotheby's International Realty
List Price
$3,100,000
Sold Price
$3,100,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
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 |
|---|---|---|---|
| Rippeto James Douglas | $3,975,000 | Attorney | |
| Eyes On The Prize Llc | $3,100,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rippeto James Douglas | $2,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/14/2021 01/14/21 | Off Market | $3,975,000 | -- | -- |
| 10/16/2020 10/16/20 | Sold | $3,975,000 | 0.0% | $856 / Sq Ft |
| 08/29/2020 08/29/20 | Pending | -- | -- | -- |
| 07/30/2020 07/30/20 | For Sale | $3,975,000 | +28.2% | $856 / Sq Ft |
| 06/23/2019 06/23/19 | Off Market | $3,100,000 | -- | -- |
| 05/04/2017 05/04/17 | Sold | $3,100,000 | 0.0% | $684 / Sq Ft |
| 03/21/2017 03/21/17 | Pending | -- | -- | -- |
| 02/02/2017 02/02/17 | For Sale | $3,100,000 | -- | $684 / 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 | $35,835 | $4,574,957 | $1,250,000 | $3,324,957 |
| 2023 | $35,835 | $3,388,525 | $0 | $0 |
| 2022 | $32,372 | $3,952,595 | $1,003,843 | $2,948,752 |
| 2021 | $27,107 | $2,800,434 | $878,022 | $1,922,412 |
| 2020 | $26,305 | $2,635,160 | $803,280 | $1,831,880 |
| 2019 | $25,572 | $2,575,005 | $779,883 | $1,795,122 |
| 2018 | $24,811 | $2,488,282 | $0 | $0 |
| 2017 | $19,727 | $1,990,323 | $735,115 | $1,255,208 |
| 2016 | $18,297 | $1,828,533 | $0 | $0 |
| 2015 | $5,702 | $561,000 | $0 | $0 |
| 2014 | $5,258 | $510,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2020
Ann Mosely
Berkshire Hathaway HomeServices
(850) 830-2574
7 in this area
46 Total Sales
-
Seller's Agent in 2017
John Sullivan
Watersound Real Estate
(850) 376-7778
2 in this area
22 Total Sales
-
A
Buyer's Agent in 2017
Andy & Christina Meinen
Scenic Sotheby's International Realty
(850) 419-4777
3 in this area
141 Total Sales
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 851887
APN: 15-3S-19-25424-000-0210
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