NOT LISTED FOR SALE

Estimated Value: $5,695,000 - $6,587,000

7 Beds
9 Baths
5,300 Sq Ft
$1,158/Sq Ft Est. Value

Last Sold May 11, 2017

Last sale price $3,373,000 $636 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $35,970/month

575 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Deeded access to the beach
  • Dune Lakes Elementary School Rated A-
  • Beach
  • In Ground Pool

About This Home

As of May 2017

On this premium lakefront location sits this newly and exquisitely constructed large family home. Spend the day enjoying the beauty of the lake from the oversized screened living area complete with a built in summer kitchen, wood burning fireplace adjacent to its refreshing pool. The home offers a warm interior palette and luxurious finishes and features, including multiple living areas providing ample space to host large gatherings,all while captivating stunning views throughout. No detail has been spared reflecting only the finest quality of construction that includes Rock Wool, sound absorption insulation and 2nd & 3rd floor cork sub flooring and elevator. The carriage house is accessed through the home and has a separate living area. The 3rd floor offers a spacious bunk and entertaining area for children. With 2 master suites this is the perfect home for 2 families. Located at the primary pedestrian bridge you an be at the beach club or the boathouse for lake activities or into Seaside for shopping and entertainment in minutes.

Last Agent to Sell the Property

Marianne Grant Blake Cooper

Christies International Real Estate Emerald Coast Listed on: 10/01/2015

Last Buyer's Agent

Sterling Rainer

Berkshire Hathaway HomeServices License #3037894

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,239

Year Built

  • Built in 2015

Lot Details

  • Lot Dimensions are 19x110x67x110
  • Lake Front
  • Property fronts a private road
  • Interior Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $362 Monthly HOA Fees

Parking

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

Home Design

  • Florida Architecture
  • Pitched Roof
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 5,300 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Screened Porch
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Deck
  • Outdoor Kitchen

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Underground Utilities
  • Water Tap Fee Is Paid
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25422-000-0230

Community Details

Overview

  • Association fees include ground keeping, internet service, legal, management, master, recreational faclty, security, services, cable TV, trash
  • Watercolor Subdivision
  • The community has rules related to covenants

Recreation

  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,239

Year Built

Built in 2015

Lot Details

0

HOA Fees

$362 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 19x110x67x110
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: Watercolor PH 3 on the lake. Take Hwy 395 S. At light turn Right into Watercolor on to Lake Forest Drive. At stop sign take a Right on to W Lake Forest Drive. Stay on W Lake Forest Drive until you get to Needlerush Drive and take a left. Take a right on Blackwater Street. House will be the 4th lot on the left.
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2015
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Rooms:Screened Porch: Yes
  • Rooms:Office2: Yes
  • Rooms:Separate Apartment: Yes
  • Waterfront:Coastal Dune Lakes: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Interior Amenities: Ceiling Crwn Molding, Ceiling Raised, Elevator, Fireplace, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Washer/Dryer Hookup, Wet Bar
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: 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:Kitchen Island: Yes
  • Interior:Wet Bar: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Lot Features: Covenants, Interior, Level, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Lake
  • Waterfront Features: Coastal Dune Lakes
  • Waterfront: Yes
  • Construction Type: Roof Metal, Roof Pitched, Siding CmntFbrHrdBrd
  • Exterior Features: Balcony, Deck Open, Fireplace, Guest Quarters, Pool - In-Ground, Porch Screened, Shower, Sprinkler System, Summer Kitchen
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Exterior:Deck Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:Fireplace2: Yes
  • Exterior:Guest Quarters: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Guest, Other
  • Parking Features:Other3: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Guest: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, Tap Fee Paid, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Dock, Exercise Room, Fishing, Pets Allowed, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1085.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Internet Service, Legal, Management, Master Association, Recreational Faclty, Security, Services, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25422-000-0230
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8238.9
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2015
Closed on
May 4, 2017
Sold by
Ambry Homes Northern Limited
Bought by
Wiechart Michael and Wiechart Lisa
Seller's Agent
Marianne Grant Blake Cooper
Christies International Real Estate Emerald Coast
Buyer's Agent
Sterling Rainer
Berkshire Hathaway HomeServices
List Price
$3,373,000
Sold Price
$3,373,000
Current Estimated Value
$6,136,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,763,135
Avg. Annual Appreciation
7.42%

Purchase Details

Closed on
Jun 3, 2004
Sold by
St Joe Arvida Home Building Lp
Bought by
Ambry Homes Northern Ltd
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
Wiechart Michael $3,373,000 Attorney
Ambry Homes Northern Ltd $801,500 Residential Cmnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ambry Homes Northern Ltd $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2017 05/11/17 Sold $3,373,000 0.0% $636 / Sq Ft
04/28/2017 04/28/17 Pending -- -- --
10/01/2015 10/01/15 For Sale $3,373,000 -- $636 / 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 $38,435 $4,692,634 $1,505,904 $3,186,730
2023 $38,435 $3,769,916 $0 $0
2022 $36,560 $4,521,563 $1,671,553 $2,850,010
2021 $30,198 $3,123,898 $1,462,042 $1,661,856
2020 $28,274 $2,832,394 $1,337,585 $1,494,809
2019 $27,302 $2,749,131 $1,298,626 $1,450,505
2018 $26,520 $2,659,638 $0 $0
2017 $22,733 $2,600,766 $1,224,080 $1,376,686
2016 $8,701 $1,177,000 $0 $0
2015 $8,239 $1,100,000 $0 $0
2014 $7,633 $1,000,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 725593

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25422-000-0230