NOT LISTED FOR SALE

Estimated Value: $3,400,000 - $4,660,000

5 Beds
7 Baths
3,292 Sq Ft
$1,215/Sq Ft Est. Value

Last Sold November 05, 2015

Last sale price $1,460,214 $444 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $22,294/month

49 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Gated Community
  • Dune Lakes Elementary School Rated A-
  • Heated In Ground Pool
  • Deck

About This Home

As of November 2015

This is a rare opportunity to own a newly constructed home in Water's Edge, a gated and secure gulf front community nestled entirely on the south side of Scenic Hwy 30A providing easy beach access in just seconds. This Upscale neighborhood is located directly adjacent to Rosemary Beach community allowing easy access to area shopping, restaurants art galleries, festivals and outdoor concerts. This remarkable home was designed by local architect Tyler Doin featuring the finest quality materials and upgraded finishes. The floor plan was designed for large gatherings and entertaining. There is a private, heated salt water pool and hot tub with an awesome remote that makes each function work with the push of a button for the hot tub or overflow and very cool LED colored lights. The pool deck made of brick pavers and is complete with a half bath and outdoor shower. This magnificent home has never been on a rental program but is being sold 'rental ready'. It has been professionally furnished and decorated with exceptional one of kind furniture choices. All rooms all have unique, high quality woven area rugs and high end memory foam mattresses. The main living area is wide open with high ceilings, lots of tall windows and beautiful hard wood floors. This area is large enough for several families to dine and party together. The first thing you will notice in the kitchen is the huge, seamless beautiful piece of granite that is the centerpiece of this chef's kitchen. One side of the island contains spacious deep drawers as well as a separate prep sink and filtered water faucet. Here you will also find a top of the line Scotsman icemaker. The other side of this stunning island is a bar with seating for 5-6. The remainder of the kitchen contains top of the line appliances, including a stainless steel refrigerator, 2 dishwashers, 2 ovens and a stove with 6 gas burners and range hood. The kitchen is completed with lots of cabinets with pullout drawers to store all the kitchen essentials your family may need. Last but not least, there is a beautiful oversized kitchen table, perfect for larger gatherings or for just playing a card game! This is a high-tech 'Smart' home with state of the art security system and HVAC temperature controls and some lighting can be controlled by your cell phone or computer from any place in the world. The front door code can also be remotely changed and assigned to each guest you may have as well as being remotely locked and unlocked from the same app. Additionally, your guests will never run out of hot water because there is a tankless gas water heater. There are 2 master suites, 1 on the 1st floor and 1 on the 2nd. There are 2 additional guest bedrooms on the 2nd floor and a large bunk room on the 3rd floor with 3 full size beds on bottom/twin size on top bunk beds. All bedrooms have their own full baths with their own unique granite. The 3rd floor is like a retreat area with a media/game room. All 3 floors have large covered porches. This community has all the charm of Rosemary Beach without the high HOA fees. You won't find many comparable masterpieces like this one on Scenic Hwy 30A completed with an oversized garage for all your storage needs.

Last Agent to Sell the Property

Bobby Johnson

EXP Realty LLC License #3022399 Listed on: 08/13/2015

EXP Realty LLC

Last Buyer's Agent

Stewart Haire

Homes On 30a Llc License #3142812

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,420

Year Built

  • Built in 2013

Lot Details

  • 4,792 Sq Ft Lot
  • Back Yard Fenced
  • Corner Lot
  • Interior Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $167 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 3,292 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Shelving
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Track Lighting
  • Entrance Foyer
  • Dining Room
  • Den
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Deck
  • Open Patio
  • Porch

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Tankless Water Heater
  • Multiple Water Heaters
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35-3S-18-16070-00A-0020

Community Details

Overview

  • Association fees include ground keeping
  • Water's Edge Subdivision
  • The community has rules related to covenants

Recreation

  • Beach

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,420

Year Built

Built in 2013

Lot Details

0

HOA Fees

$167 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 45' x 98.76 Irregular
  • Road Surface Type: Paved
  • Subdivision Name: WATER'S EDGE
  • Directions: Water's Edge is on the south side of 30A in between Rosemary Beach and High Point. This home is the first home on the left after entering the S/D.
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2013
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Foyer: Yes
  • Rooms:Laundry2: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Energy:Water Heater - Gas: Yes
  • Energy:Heat - Two or More: Yes
  • Rooms:Den: Yes
  • Energy:Water Heater - Two: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Continue Clean, Oven Double, Range Hood, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Gas, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Ceiling Raised, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Lighting Recessed, Lighting Track, Owner's Closet, Pantry, Pull Down Stairs, Shelving, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: 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
  • Interior:Lighting Track: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Pull Down Stairs: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Security System: Yes
  • Interior:Shelving: Yes
  • Appliances:Oven Double: Yes
  • Appliances:Oven Continue Clean: Yes

Exterior Features

  • Lot Features: Corner, Covenants, Interior, Level, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Foundation On Piling, Frame, Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Balcony, Deck Open, Fenced Back Yard, Hot Tub, Hurricane Shutters, Patio Open, Pool - Heated, Pool - In-Ground, Porch, Shower, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Hurricane Shutters: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Hot Tub: Yes
  • Exterior:Pool - In-Ground: Yes
  • Lot Features:Corner: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Guest
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Guest: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Gated Community, Pets Allowed
  • Association #2 Fee: 500.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping

Schools

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

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 35-3S-18-16070-00A-0020
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10420.14
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2015
Closed on
Nov 5, 2015
Sold by
Florida House Of M & T Llc
Bought by
Pg & G Llc
Seller's Agent
Bobby Johnson
EXP Realty LLC
Buyer's Agent
Stewart Haire
Homes On 30a Llc
List Price
$1,460,214
Sold Price
$1,460,214
Current Estimated Value
$3,861,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,401,592
Avg. Annual Appreciation
10.62%
Original Mortgage
$1,168,171
Outstanding Balance
$853,639
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$3,146,387

Purchase Details

Closed on
Oct 25, 2013
Sold by
Poteet James T and Poteet Monique M
Bought by
Florida House Of M & T Llc

Purchase Details

Closed on
May 3, 2012
Sold by
Cochran Dan and Cochran Cathy
Bought by
Poteet James T and Poteet Monique M

Purchase Details

Closed on
Jul 30, 2002
Sold by
Butler Albert B
Bought by
Cochran Dan and Cochran Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.62%
Source: Public Records

Range of Values:

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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
Pg & G Llc $1,460,214 Attorney
Florida House Of M & T Llc $170,000 Attorney
Poteet James T $210,000 None Available
Cochran Dan $275,000 Southern Escrow & Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pg & G Llc $1,168,171
Previous Owner Cochran Dan $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2020 10/28/20 Off Market $1,460,214 -- --
11/05/2015 11/05/15 Sold $1,460,214 0.0% $444 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $1,460,214 -- $444 / 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 $22,959 $3,207,590 $742,500 $2,465,090
2023 $22,959 $1,927,555 $0 $0
2022 $19,624 $2,524,231 $642,969 $1,881,262
2021 $15,738 $1,659,520 $562,379 $1,097,141
2020 $14,457 $1,448,201 $514,506 $933,695
2019 $13,958 $1,405,485 $499,521 $905,964
2018 $13,546 $1,358,572 $0 $0
2017 $13,276 $1,339,497 $471,270 $868,227
2016 $12,623 $1,261,499 $0 $0
2015 $11,952 $1,233,300 $0 $0
2014 $10,420 $1,010,781 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 736114

Emerald Coast Association of REALTORS®

APN: 35-3S-18-16070-00A-0020