NOT LISTED FOR SALE

Estimated Value: $2,929,558 - $4,294,000

4 Beds
4 Baths
2,670 Sq Ft
$1,274/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $3,195,000 $1,197 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $19,949/month

3 Days on Market

Highlights

  • Beach
  • In Ground Pool
  • Gated Community
  • Dune Lakes Elementary School Rated A-
  • Gulf View
  • Beach House

About This Home

As of May 2022

Welcome to the Southern Beach Charm of the Grits Carlton!! Watch all your worries slip away as you lounge on one of the lovely porches, sit around the fire pit, jump into your own private pool or take a short stroll down the palm tree lined brick paver road to the emerald green waters and white sandy beaches of the Gulf of Mexico! This Waters Edge home is located just west of Rosemary Beach and in a quaint gated neighborhood south of 30A! The property offers 4 bedrooms, 4 full baths and a total of 2,670 square feet. The first floor offers a covered open porch overlooking the pool patio. Grab a quick shower after a day at the beach at the conveniently located outdoor shower or grill up dinner while hanging with the crew! One of the two master bedrooms is located on the first floor along with an additional bedroom. Each of these bedroom offers their own ensuite. The second floor boasts an open floor plan making a great space to entertain and enjoy family time and is complete with hardwood floors, built in shelving and a fireplace in the living area, stainless appliances, breakfast island and glass fronted cabnitry in the kitchen! Oh and lets not forget to mention the 650 square foot covered shuttered wrap around porch that has a dining area, several sitting areas and of course a swing! The children will love the bunk room also located on the sec and floor that also has its own ensuite bath! The third floor is the master retreat and has a large ensuite bath and Gulf views from its private porch! The Grits Carlton is beach living at its best! Do not miss out on this one! Homes in this neighborhood to not come onto the market often and it will go quickly! Call for a showing today!

Last Agent to Sell the Property

Andy Wiggins

The Beach Group Properties LLC License #3076380 Listed on: 04/23/2022

Last Buyer's Agent

Russell Franchi

Gulf Coast Real Estate Group O

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,462

Year Built

  • Built in 2001

Lot Details

  • Lot Dimensions are 60 x 80
  • Corner Lot

HOA Fees

  • $313 Monthly HOA Fees

Home Design

  • Beach House

Interior Spaces

  • 2,670 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Built-in Bookshelves
  • Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Wood Flooring
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35-3S-18-16070-00A-0010

Community Details

Overview

  • Waters Edge Subdivision

Recreation

  • Beach

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,462

Year Built

Built in 2001

Lot Details

0

HOA Fees

$313 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 60 x 80
  • Subdivision Name: WATERS EDGE
  • Directions: Waters Edge is just west of Rosemary Beach, turn south off of 30A, go through gate, home is first home on right
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2001
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - 2 or More: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Fireplace, Floor Hardwood, Furnished - All, Window Treatment All
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Lot Features: Corner
  • Pool Features: Pool Type
  • View: Gulf
  • Exterior Features: BBQ Pit/Grill, Patio Covered, Pool - In-Ground, Porch, Shower
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Shower: Yes
  • Exterior:Pool - In-Ground: Yes
  • Lot Features:Corner: Yes
  • Exterior:BBQ PitGrill: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Gated Community, Pets Allowed, TV Cable, Waterfront
  • Association #2 Fee: 940.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 35-3S-18-16070-00A-0010
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12461.84
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2022
Closed on
May 25, 2022
Sold by
Ritz & Gritz Properties Llc
Bought by
30Ace Llc
Seller's Agent
Andy Wiggins
The Beach Group Properties LLC
Buyer's Agent
Russell Franchi
Gulf Coast Real Estate Group O
List Price
$3,195,000
Sold Price
$3,195,000
Current Estimated Value
$3,401,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,640
Avg. Annual Appreciation
1.84%
Original Mortgage
$2,076,750
Outstanding Balance
$1,972,867
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$1,428,773

Purchase Details

Listed on
Aug 25, 2015
Closed on
Mar 3, 2016
Sold by
Grits Carlton Llc
Bought by
Ritz & Gritz Properties Llc
Seller's Agent
Rita Montgomery
Christies International Real Estate Emerald Coast
Buyer's Agent
Andy Wiggins
The Beach Group Properties LLC
List Price
$1,225,000
Sold Price
$1,225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.66%
Original Mortgage
$1,225,000
Interest Rate
3.79%

Purchase Details

Closed on
May 17, 2010
Sold by
Grits Carlton Llc
Bought by
Grits Carlton Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
5.02%

Purchase Details

Closed on
Jun 18, 2004
Sold by
Cunningham C Wayne
Bought by
Grits Carlton Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,405,000
Interest Rate
6.09%

Purchase Details

Closed on
Jul 29, 2002
Sold by
Lynn Catherine C
Bought by
Cunningham C Wayne

Purchase Details

Closed on
Jul 26, 2002
Sold by
Lynn J Worth
Bought by
Lynn Catherine C

Purchase Details

Closed on
Oct 20, 2000
Sold by
Turman Douglas B and Majors David E
Bought by
Lynn J Worth and Lynn Catherine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,700
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2000
Sold by
Butler Albert and Butler Wiliam H
Bought by
Turman Douglas B and Majors David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,513
Interest Rate
8.2%
Source: Public Records

Range of Values:

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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
30Ace Llc -- None Listed On Document
Ritz & Gritz Properties Llc $1,225,000 Attorney
Grits Carlton Llc $920,000 South Walton Title Inc
Grits Carlton Llc $1,405,000 --
Cunningham C Wayne $778,000 --
Lynn Catherine C -- --
Lynn J Worth $200,000 --
Turman Douglas B $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 30Ace Llc $2,076,750
Previous Owner Ritz & Gritz Properties Llc $1,225,000
Previous Owner Grits Carlton Llc $920,000
Previous Owner Grits Carlton Llc $1,405,000
Previous Owner Lynn J Worth $393,700
Previous Owner Turman Douglas B $129,513
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2022 05/24/22 Sold $3,195,000 0.0% $1,197 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/23/2022 04/23/22 For Sale $3,195,000 +160.8% $1,197 / Sq Ft
06/23/2019 06/23/19 Off Market $1,225,000 -- --
03/04/2016 03/04/16 Sold $1,225,000 0.0% $459 / Sq Ft View Prior Sale
01/29/2016 01/29/16 Pending -- -- --
08/25/2015 08/25/15 For Sale $1,225,000 -- $459 / 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 $21,970 $2,397,294 $708,750 $1,688,544
2023 $21,970 $2,417,947 $708,750 $1,709,197
2022 $15,223 $1,921,605 $613,743 $1,307,862
2021 $12,462 $1,309,825 $536,817 $773,008
2020 $11,485 $1,150,478 $491,120 $659,358
2019 $11,163 $1,124,019 $476,815 $647,204
2018 $10,910 $1,094,182 $0 $0
2017 $10,685 $1,078,084 $449,849 $628,235
2016 $9,670 $1,067,735 $0 $0
2015 $9,380 $1,052,110 $0 $0
2014 $7,913 $831,198 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 896466

Emerald Coast Association of REALTORS®

APN: 35-3S-18-16070-00A-0010