NOT LISTED FOR SALE

Estimated Value: $5,882,271 - $6,705,000

5 Beds
8 Baths
4,976 Sq Ft
$1,256/Sq Ft Est. Value

Sale Details

Date Sold: March 25, 2019

Last sale price $3,650,000 $734 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $36,290 / mo

235 Days on Market

Highlights

  • Beach
  • Fitness Center
  • Gulf View
  • Dune Lakes Elementary School Rated A-
  • In Ground Pool
  • Primary Bedroom Suite

About This Home

As of March 2019

A Collaboration between the well-known Dune Construction and TS Adams Architecture is nearing completion and ready for you to make your own. The reverse open floor plan with large living-kitchen area uses its corner lot to capture views and breezes from the viewing corridor. The boardwalk leading through the dunes to the mile of beach frontage is 120 yards due south. The downstairs rec room leads to the spacious outdoor area with its inviting pool, screened sitting area, and outdoor fireplace. The third floor holds the master suite with a separate sitting area, wet bar, powder room, deck and covered porch which allows the owners to have guests to share the views or enjoy as their private retreat. Then the tower deck has forever panoramic views! 4,466 sqft with surprises everywhere. The second floor provides a large welcoming open kitchen, living and dining area. Off the dining room is a large screened grilling and dining area. The living area facing the beach has a large deck with a stacking door system. Also on the Second floor is a large office, pantry, powder room and 2 en suite bedrooms with a wet bar for their use.
Downstairs is the indoor and outdoor recreation area. Places to play and soak in sun and fun. There are an additional two en suite guests rooms located here. There is room for the whole family and all their friends. The attention to detain and beautiful finishes Dune Construction is known are everywhere.

Last Agent to Sell the Property

Ann Mosely

Berkshire Hathaway HomeServices Listed on: 07/09/2018

Berkshire Hathaway HomeServices

Last Buyer's Agent

Ann Mosely

Berkshire Hathaway HomeServices Listed on: 07/09/2018

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • Corner Lot
  • Level Lot

HOA Fees

  • $427 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Composition Shingle Roof
  • Roof Vent Fans
  • Shake Siding

Interior Spaces

  • 4,976 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Crown Molding
  • Wainscoting
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Sitting Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Gulf Views
  • Home Security System
  • Exterior Washer Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Separate Shower in Primary Bathroom

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Porch

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • High Efficiency Heating System
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20-3S-18-16023-000-0040

Community Details

Overview

  • Association fees include accounting, management, master, security
  • Watersound Beach Subdivision
  • The community has rules related to covenants

Recreation

  • Beach
  • Fitness Center
  • Exercise Course
  • Community Pool

Additional Features

  • Meeting Room
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Under Construction

Lot Details

5,445 Sq Ft Lot

HOA Fees

$427 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: Irregular
  • Road Surface Type: Paved
  • Subdivision Name: WATERSOUND BEACH
  • Directions: From Highway 395, Travel East Approximately 5 Miles, Turn Right at WaterSound Way (Gatehouse) Turn Left on Boat Wright, Right on Compass Point Way
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 4
  • Year Built: 2018
  • Remarks Misc:Remarks: A Collaboration between the well-known Dune Construction and TS Adams Architecture is nearing completion and ready for you to make your own. The reverse open floor plan with large living-kitchen area uses its corner lot to capture views and breezes from the viewing corridor. The boardwalk leading through the dunes to the mile of beach frontage is 120 yards due south. The downstairs rec room leads to the spacious outdoor area with its inviting pool, screened sitting area, and outdoor fireplace. The third floor holds the master suite with a separate sitting area, wet bar, powder room, deck and covered porch which allows the owners to have guests to share the views or enjoy as their private retreat. Then the tower deck has forever panoramic views! 4,466 sqft with surprises everywhere.
  • Utilities Electric: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Energy:Heat High Efficiency: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Sitting Room: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Energy:Roof Vent: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator, Refrigerator W/IceMk, Security System
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Interior Amenities: Ceiling Crwn Molding, Ceiling Raised, Elevator, Fireplace, Floor Hardwood, Furnished - None, Kitchen Island, Lighting Recessed, Pantry, Walls Wainscoting, Washer/Dryer Hookup, Window Treatmnt None
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Elevator: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Security System: Yes
  • Interior:Fireplace: Yes
  • Interior:Walls Wainscoting: Yes

Exterior Features

  • Lot Features: Corner, Covenants, Level, Restrictions, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Roof Composite Shngl, Shake Siding
  • Exterior Features: Pool - Gunite Concrt, Pool - In-Ground, Porch, Porch Open
  • Property Condition: Under Construction
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Siding Shake: Yes
  • Construction Status:Under Construction: Yes
  • Exterior:Porch Open: Yes
  • Exterior:Pool - In-Ground: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes
  • Lot Features:Sidewalk: Yes
  • Lot Features:Corner: Yes
  • Exterior:Pool - Gunite Concrt: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, Sewer Available, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Exercise Room, Gated Community, Pets Allowed, Pool, TV Cable, Waterfront
  • Association #2 Fee: 1280.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Management, Master Association, Security

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 20-3S-18-16023-000-0040
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Mar 25, 2019
Sold by
H2osound Llc
Bought by
Cullen Thomas J and Cullen Donja S
Seller's Agent
Ann Mosely
Berkshire Hathaway HomeServices
Buyer's Agent
Ann Mosely
Berkshire Hathaway HomeServices
List Price
$3,650,000
Sold Price
$3,650,000
Current Estimated Value
$6,250,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,600,568
Avg. Annual Appreciation
7.91%
Original Mortgage
$2,100,000
Outstanding Balance
$1,802,699
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,447,869

Purchase Details

Closed on
Jul 18, 2017
Sold by
Watersound Beach & West Beach Llc
Bought by
H2osound Llc
Source: Public Records
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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
Cullen Thomas J $3,650,000 Attorney
H2osound Llc $1,000,000 Shoreline Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cullen Thomas J $2,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2019 03/25/19 Sold $3,650,000 0.0% $734 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
07/09/2018 07/09/18 For Sale $3,650,000 -- $734 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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
2025 $35,413 $3,957,840 -- --
2024 $33,583 $3,846,297 -- --
2023 $33,583 $3,734,269 $0 $0
2022 $33,245 $3,625,504 $0 $0
2021 $33,707 $3,519,907 $1,252,294 $2,267,613
2020 $31,974 $3,203,083 $1,041,538 $2,161,545
2019 $8,695 $875,500 $875,500 $0
2018 $8,475 $850,000 $0 $0
2017 $7,527 $759,486 $759,486 $0
2016 $6,960 $695,500 $0 $0
2015 $6,607 $650,000 $0 $0
2014 $161 $15,624 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 802715

Emerald Coast Association of REALTORS®

APN: 20-3S-18-16023-000-0040

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