NOT LISTED FOR SALE

506 E Royal Fern Way Santa Rosa Beach, FL 32459

WaterColor Neighborhood

Estimated Value: $3,920,000 - $4,657,000

5 Beds
4.5 Baths
4,345 Sq Ft
$966/Sq Ft Est. Value

Last Sold June 03, 2019

Last sale price $2,039,000 $469 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $25,035/month

1 Day on Market

Highlights

  • Boat Dock
  • Beach
  • In Ground Pool
  • Bay Elementary School Rated A-
  • Deeded access to the beach
  • Fishing

About This Home

As of June 2019

Stunning custom home in the quiet and secluded Cedar Woods section of Watercolor. Custom built by Romair Construction, this home has had only one owner and never been rented. No detail was overlooked in the design of the home, it's finishes & furnishings. The breathtaking open concept great room offers soaring 12' ceilings, abundant windows, a stunning state of the art kitchen & lovely dining area all overlooking the pool & spectacular outdoor living area. The kitchen has white quartz countertops, custom cabinetry, Wolf & Sub Zero appliances including an icemaker & wine fridge. Open the triple set of French doors in the great room and step outside by the pool, relax under the cabana by the outdoor fireplace, enjoy grilling in the beautiful summer kitchen or alfresco dining under.... the stars.

The first floor is completed with a large master suite, spa like master bath and private porch. The second floor features a second living area with spacious porch, 3 additional guest bedrooms with ensuite baths and a large bunk room. This home has a 2 car detached garage. Watercolor Resort is tucked between the beautiful beaches of the Emerald Coast and Western Lake, a natural 220-acre coastal dune lake. Watercolor is rich in natural beauty and offers stunning amenities including a full service beach club, 5 additional pools, an active tennis center, miles of bike trails and an easy stroll or bike ride into Seaside.

Last Agent to Sell the Property

Cynthia Cobine

Scenic Sotheby's International Realty Brokerage Email: cindi@scenicsir.com License #3102606 Listed on: 05/01/2019

Scenic Sotheby's International Realty

Co-Listed By

Scott Cobine

Berkshire Hathaway HomeServices Brokerage Email: cindi@scenicsir.com License #681944

Last Buyer's Agent

Jon Lyons

Beachy Beach Destin LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,294

Year Built

  • Built in 2014

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 49 x 156 x 95 x 131
  • Partially Fenced Property

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • 1 Carport Space

Home Design

  • Beach House
  • Cement Board or Planked

Interior Spaces

  • 4,345 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Shelving
  • Vaulted Ceiling
  • Recessed Lighting
  • Living Room
  • Dining Area
  • Bonus Room
  • Screened Porch
  • Wood Flooring

Kitchen

  • Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach
  • Outdoor Kitchen
  • Gazebo
  • Built-In Barbecue

Additional Homes

  • Dwelling with Separate Living Area

Schools

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

Utilities

  • Multiple cooling system units
  • Central Air
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14-3S-19-25403-000-0400

Community Details

Overview

  • Association fees include accounting, ground keeping, land recreation, legal, master, recreational faclty, security, cable TV
  • Watercolor Subdivision
  • The community has rules related to covenants

Amenities

  • Community Barbecue Grill
  • Community Pavilion
  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,294

Year Built

Built in 2014

Lot Details

0

HOA Fees

$380 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 49 x 156 x 95 x 131
  • Road Surface Type: Paved
  • Co List Office Mls Id: EBF1
  • Co List Office Phone: 850-213-5150
  • Subdivision Name: WATERCOLOR
  • Directions: From corner of 30A & 395 take Co Hwy 395 North. Turn right onto East Royal Fern Way. Follow the road approx .5 mile, home is on the right
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2014
  • Attribution Contact: cindi@scenicsir.com
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Bonus Room: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Storm Windows: Yes
  • Energy:Storm Doors: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Refrigerator W/IceMk, Security System, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Interior Amenities: Ceiling Raised, Floor Hardwood, Furnished - All, Lighting Recessed, Shelving
  • Window Features: Storm Window(s)
  • Appliances:Cooktop: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes
  • Appliances:Freezer: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:Security System: Yes
  • Interior:Shelving: Yes

Exterior Features

  • Lot Features: Covenants
  • Pool Features: Pool Type
  • Construction Type: Siding CmntFbrHrdBrd
  • Exterior Features: BBQ Pit/Grill, Fenced Lot-Part, Pavillion/Gazebo, Pool - In-Ground, Porch, Porch Open, Porch Screened, Separate Living Area, Summer Kitchen
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:PavillionGazebo: Yes
  • Exterior:Separate Living Area: Yes
  • Exterior:Summer Kitchen: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 2.0
  • Parking Features: Garage Detached
  • Parking Features:Garage Detached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dock, Fishing, Pavillion/Gazebo, Pets Allowed, Playground, Pool, Tennis, TV Cable
  • Association #2 Fee: 1140.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Land Recreation, Legal, Master Association, Recreational Faclty, Security, Cable TV

Schools

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

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Parcel #: 14-3S-19-25403-000-0400
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14294.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2019
Closed on
Jun 3, 2019
Sold by
Team Trek Inc
Bought by
Shields Michael S and Shields Katherine M
Seller's Agent
Cynthia Cobine
Scenic Sotheby's International Realty
Buyer's Agent
Jon Lyons
Beachy Beach Destin LLC
List Price
$2,039,000
Sold Price
$2,039,000
Current Estimated Value
$4,128,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,089,223
Avg. Annual Appreciation
12.37%
Original Mortgage
$1,529,250
Outstanding Balance
$1,360,953
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$2,836,633

Purchase Details

Listed on
Feb 20, 2013
Closed on
Mar 15, 2013
Sold by
The St Joe Company
Bought by
Team Trek Inc
Seller's Agent
Hunter Harman
Watersound Real Estate
Buyer's Agent
Scott Cobine
Gulf Front Realty Inc
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.53%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shields Michael S $2,039,000 Shoreline Title Llc
Team Trek Inc $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shields Michael S $1,529,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2019 06/03/19 Sold $2,039,000 0.0% $469 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $2,039,000 +767.7% $469 / Sq Ft
03/15/2013 03/15/13 Sold $235,000 0.0% --
02/20/2013 02/20/13 Pending -- -- --
02/20/2013 02/20/13 For Sale $235,000 -- --
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 $24,618 $3,323,237 $494,682 $2,828,555
2023 $24,618 $2,205,921 $0 $0
2022 $21,853 $2,750,612 $549,097 $2,201,515
2021 $17,647 $1,823,075 $480,273 $1,342,802
2020 $16,732 $1,676,151 $439,389 $1,236,762
2019 $15,740 $1,584,973 $426,592 $1,158,381
2018 $14,890 $1,542,698 $0 $0
2017 $12,996 $1,311,220 $402,104 $909,116
2016 $12,441 $1,258,264 $0 $0
2015 $11,733 $1,189,188 $0 $0
2014 -- $231,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Cynthia Cobine

    Scenic Sotheby's International Realty

    (850) 974-0306

    10 in this area

    92 Total Sales

    Section Image
  • Scott Cobine

    Seller Co-Listing Agent in 2019

    Scott Cobine

    Berkshire Hathaway HomeServices

    (850) 974-9055

    13 in this area

    74 Total Sales

    Section Image

  • J

    Buyer's Agent in 2019

    Jon Lyons

    Beachy Beach Destin LLC

  • e

    Buyer's Agent in 2019

    ecn.rets.e9827

    ecn.rets.RETS_OFFICE

  • Hunter Harman

    Seller's Agent in 2013

    Hunter Harman

    Watersound Real Estate

    (850) 598-7011

    5 in this area

    342 Total Sales

    Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 821760

Emerald Coast Association of REALTORS®

APN: 14-3S-19-25403-000-0400

Florida Walton County Santa Rosa Beach 32459 WaterColor

506 E Royal Fern Way, Santa Rosa Beach, FL

This home is located at 506 E Royal Fern Way, Santa Rosa Beach, FL 32459 since 01 May 2019 and is currently estimated at $4,197,586, approximately $966 per square foot. This property was built in 2014. 506 E Royal Fern Way 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.

Nearby Homes