NOT LISTED FOR SALE

Estimated Value: $3,928,000 - $5,071,000

5 Beds
6 Baths
3,897 Sq Ft
$1,133/Sq Ft Est. Value

Last Sold December 03, 2014

Last sale price $1,925,000 $494 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $26,175/month

82 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Fishing
  • Dune Lakes Elementary School Rated A-
  • Golf Course Community
  • Gulf View

About This Home

As of December 2014

This Park District home is perfectly located in Watercolor. Close to shopping, the boathouse, the beach club and Gulf, yet it lives very privately. The reverse floor plan home has unique features like antique wood floors, 12-foot ceilings, and exposed beams.
Downstairs are three bedrooms, all with ensuite baths. A large light filled living area includes an alcove for dining or games. Access to porches on two sides of the home make indoor/outdoor living a breeze.
Upstairs is an open kitchen, living and dining area that enhances entertaining. An island/breakfast bar and a large dining table provides plenty of room for a large family or guests. The kitchen opens onto a porch with great views and privacy. The Master Suite is on this floor as well, allowing one floor living. There another full bath on this floor, which can serve as a powder room and bath for the third floor bedroom/sitting area.

The carriage house includes a full kitchen and bathroom, as well as a two car garage.

Last Agent to Sell the Property

Karen Wagner

Watersound Real Estate License #684100 Listed on: 08/20/2014

Last Buyer's Agent

Channing Gardner

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,332

Year Built

  • Built in 2006

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 49x38x128
  • Corner Lot
  • Property is zoned Deed Restrictions, Resid

HOA Fees

  • $352 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 3,897 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Woodwork
  • Crown Molding
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 6 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Outdoor Shower

Schools

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

Utilities

  • Multiple cooling system units
  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25402-000-0010

Community Details

Overview

  • Association fees include accounting, ground keeping, management, cable TV
  • Watercolor Subdivision
  • The community has rules related to covenants

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,332

Year Built

Built in 2006

Lot Details

0

HOA Fees

$352 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Lot Size: 49x38x128
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: From Highway 98, turn south onto CR 283. Left at 30A. Left onto Mystic Cobalt. Home is on left.
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2006
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Sitting Room: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Screened Porch: Yes
  • Rooms:Family Room: Yes
  • Rooms:Separate Apartment: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Washer
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Raised, Floor Hardwood, Floor Tile, Furnished - All, Guest Quarters, Kitchen Island, Lighting Recessed, Wallpaper, Washer/Dryer Hookup, Wet Bar, Window Treatment All, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Wet Bar: Yes
  • Interior:Ceiling Beamed: Yes
  • Interior:Guest Quarters2: Yes
  • Interior:Wallpaper: Yes

Exterior Features

  • Lot Features: Corner, Covenants, Curb & Gutter, Restrictions, Within 1/2 Mile to Water
  • View: Gulf
  • Construction Type: Foundation On Piling, Roof Metal, Siding CmntFbrHrdBrd, Trim Wood
  • Exterior Features: Guest Quarters, Porch, Porch Screened, Shower
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Porch Screened: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Lot Features:Corner: Yes
  • Lot Features:Curb Gutter: Yes
  • Exterior:Guest Quarters: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Detached, Guest, Other
  • Parking Features:Other3: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage Detached: Yes
  • Parking Features:Guest: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Dock, Exercise Room, Fishing, Golf, Pets Allowed, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1055.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management, Cable TV

Schools

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

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: 15-3S-19-25402-000-0010
  • Zoning: Deed Restrictions, Resid
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14332.03
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Bissell and Catherine
Bought by
Bissell Gulf Coast Properties Llc
Current Estimated Value
$4,415,892

Purchase Details

Listed on
Aug 20, 2014
Closed on
Dec 3, 2014
Sold by
51 Mystic Cobalt Llc
Bought by
Bissell Henry F and Bissell Catherine S
Seller's Agent
Karen Wagner
Watersound Real Estate
Buyer's Agent
Channing Gardner
Scenic Sotheby's International Realty
List Price
$1,925,000
Sold Price
$1,925,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$470,000
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 28, 2003
Sold by
Granberry Michael
Bought by
Emerald Coast Fine Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,790
Interest Rate
5.95%

Purchase Details

Closed on
Dec 14, 2000
Sold by
St Joe Arvida Home Building Lp
Bought by
Granberry Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
8.5%
Source: Public Records

Range of Values:

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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
Bissell Gulf Coast Properties Llc -- Bissell Henry
Bissell Gulf Coast Properties Llc -- None Listed On Document
Bissell Henry F $1,925,000 Mcneese Title Llc
Emerald Coast Fine Homes Inc $395,000 Sunbelt Title Agency
Granberry Michael $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bissell Henry F $470,000
Previous Owner Emerald Coast Fine Homes Inc $316,790
Previous Owner Granberry Michael $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2014 12/03/14 Sold $1,925,000 0.0% $494 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
08/20/2014 08/20/14 For Sale $1,925,000 -- $494 / 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 $27,540 $3,059,992 $800,000 $2,259,992
2023 $27,540 $2,982,140 $0 $0
2022 $25,124 $2,711,036 $683,817 $2,027,219
2021 $19,089 $1,972,115 $598,108 $1,374,007
2020 $18,806 $1,883,921 $547,193 $1,336,728
2019 $18,426 $1,855,364 $531,256 $1,324,108
2018 $17,865 $1,791,672 $0 $0
2017 $17,666 $1,782,383 $500,760 $1,281,623
2016 $17,361 $1,734,983 $0 $0
2015 $17,013 $1,673,750 $0 $0
2014 -- $1,490,035 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 712388

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25402-000-0010