NOT LISTED FOR SALE

5 Rain Lily Ln Santa Rosa Beach, FL 32459

WaterColor Neighborhood

Estimated Value: $4,743,000 - $5,588,000

6 Beds
6.5 Baths
4,711 Sq Ft
$1,121/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $2,970,000 $630 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $32,267/month

18 Days on Market

Highlights

  • Marina
  • Deeded access to the beach
  • Fishing
  • Bay Elementary School Rated A-
  • Heated In Ground Pool
  • Maid or Guest Quarters

About This Home

As of February 2018

Wonderful location in Watercolor Phase III. This large corner home site is fronted by Cerulean Park North and sits perfectly between the bridge over Western Lake and the Frog pool on Sand Hill Circle. You can sit on your front porch and listen to the relaxing sounds from the park's water features. This amazing home is being offered early so new owner can make certain changes to fit their own style. Home is to be completed around mid March 2018. This incredible 6 bedroom 6.5 bath home includes an attached apartment above the two car garage and amazing outdoor space complete with summer kitchen, pool and fire pit.

Last Agent to Sell the Property

Todd Zunker

Berkshire Hathaway HomeServices License #3238885 Listed on: 10/09/2017

Last Buyer's Agent

Karen Wagner

St Joe Community Sales Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,607

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 8,712 Sq Ft Lot
  • Property fronts a private road
  • Partially Fenced Property
  • Corner Lot

HOA Fees

  • $473 Monthly HOA Fees

Parking

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

Home Design

  • Florida Architecture
  • Frame Construction
  • Metal Roof
  • Wood Trim
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 4,711 Sq Ft Home
  • 2-Story Property
  • Shelving
  • Wainscoting
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Double Pane Windows
  • Dining Room

Kitchen

  • Walk-In Pantry
  • Gas Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

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

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Tap Fee Is Paid
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25422-000-0040

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room

Recreation

  • Marina
  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,607

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$473 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: IRREGULAR
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: Take 395 to the light at Publix, turn into Watercolor and go to stop sign. Take a right on Western Lake Dr, then left on Needlerush. Take a right on Flatwood St and home site will be on your left.
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2018
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Dining Room: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Storm Doors: Yes
  • Rooms:Separate Apartment: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Security System, Smoke Detector, Stove/Oven Gas, Warranty Provided, Washer, Wine Refrigerator
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Interior Amenities: Ceiling Tray/Cofferd, Floor Hardwood, Floor Tile, Guest Quarters, Kitchen Island, Lighting Recessed, Pantry, Shelving, Walls Wainscoting, Washer/Dryer Hookup
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Warranty Provided: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Freezer: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Security System: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Shelving: Yes
  • Interior:Guest Quarters2: Yes
  • Interior:Walls Wainscoting: Yes

Exterior Features

  • Lot Features: Corner, Covenants, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Foundation On Piling, Frame, Roof Metal, Siding CmntFbrHrdBrd, Trim Wood
  • Exterior Features: Deck Covered, Deck Open, Fenced Lot-Part, Fireplace, Guest Quarters, Pool - Heated, Pool - In-Ground, Shower, Summer Kitchen
  • Property Condition: Under Construction
  • Lot Features:Within 12 Mile to Water: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Deck Covered: Yes
  • Construction Status:Under Construction: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Deck Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Shower: Yes
  • Exterior:Pool - In-Ground: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Lot Features:Corner: Yes
  • Exterior:Fireplace2: Yes
  • Exterior:Guest Quarters: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage, Guest
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: 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, Public Sewer, Public Water, Tap Fee Paid, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Exercise Room, Fishing, Marina, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1418.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 15-3S-19-25422-000-0040
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6607.34
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2017
Closed on
Feb 23, 2018
Sold by
Lily Rain Llc
Bought by
Ogle Brennan John J and Ogle Brennan Holly
Seller's Agent
Todd Zunker
Berkshire Hathaway HomeServices
Buyer's Agent
Karen Wagner
St Joe Community Sales Inc
List Price
$2,970,000
Sold Price
$2,970,000
Current Estimated Value
$5,254,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,284,528
Avg. Annual Appreciation
8.08%

Purchase Details

Listed on
Nov 11, 2014
Closed on
Jun 15, 2015
Sold by
Strause Todd M
Bought by
Lily Rain Llc
Seller's Agent
Todd Zunker
Berkshire Hathaway HomeServices
Buyer's Agent
Todd Zunker
Beach Properties Of Florida Ll
List Price
$880,000
Sold Price
$880,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.91%

Purchase Details

Closed on
Dec 18, 2012
Sold by
Scears Michael A
Bought by
Strause Todd M

Purchase Details

Closed on
Jun 23, 2004
Sold by
St Joe Arvida Home Building Lp
Bought by
Alspaugh Ann S and Scears Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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
Ogle Brennan John J $2,970,000 Shoreline Title Llc
Lily Rain Llc $88,000 Attorney
Strause Todd M $750,000 Rodgers Title
Alspaugh Ann S $666,500 Residential Cmnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alspaugh Ann S $386,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2019 06/23/19 Off Market $2,970,000 -- --
02/23/2018 02/23/18 Sold $2,970,000 0.0% $630 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
10/09/2017 10/09/17 For Sale $2,970,000 +237.5% $630 / Sq Ft
06/15/2015 06/15/15 Sold $880,000 0.0% --
12/10/2014 12/10/14 Pending -- -- --
11/11/2014 11/11/14 For Sale $880,000 -- --
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 $33,293 $4,383,113 $1,126,686 $3,256,427
2023 $33,293 $3,210,528 $0 $0
2022 $31,506 $3,935,228 $1,250,584 $2,684,644
2021 $25,783 $2,674,098 $1,093,869 $1,580,229
2020 $24,079 $2,412,117 $1,000,753 $1,411,364
2019 $9,649 $971,605 $971,605 $0
2018 $8,697 $943,305 $0 $0
2017 $8,165 $915,831 $915,831 $0
2016 $6,607 $660,297 $0 $0
2015 $6,273 $617,100 $0 $0
2014 $5,783 $561,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Todd Zunker

    Berkshire Hathaway HomeServices

  • K

    Buyer's Agent in 2018

    Karen Wagner

    St Joe Community Sales Inc

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 784592

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25422-000-0040

Florida Walton County Santa Rosa Beach 32459 WaterColor

5 Rain Lily Ln, Santa Rosa Beach, FL

This home is located at 5 Rain Lily Ln, Santa Rosa Beach, FL 32459 since 09 October 2017 and is currently estimated at $5,281,203, approximately $1,121 per square foot. This property was built in 2018. 5 Rain Lily Ln is a home located in Walton County with nearby schools including Bay Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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