NOT LISTED FOR SALE

Estimated Value: $3,762,000

5 Beds
5 Baths
4,216 Sq Ft
$892/Sq Ft Est. Value

Last Sold June 28, 2017

Last sale price $2,000,000 $474 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $21,327/month

111 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Fishing
  • Dune Lakes Elementary School Rated A-
  • Deeded access to the beach
  • Lake View

About This Home

As of June 2017

This stunning watercolor home features breathtaking Western Lake views from the rooftop deck and screened-in porches. This home is just a short bike ride to the beach, is next to Marina Park and located just steps from the Western Lake footbridge that leads to Watercolor's Boathouse and Cerulean Park in the heart of Watercolor. The 5 bedroom 5 bath home has been newly remodeled to include both interior and exterior paint! Hardwood floors throughout and a carriage house! This is a must see!

Last Agent to Sell the Property

Andy Wiggins

The Beach Group Properties LLC License #3076380 Listed on: 02/01/2017

Co-Listed By

Ron Romano

The Beach Group Properties LLC License #3068257

Last Buyer's Agent

Diana Kish

Berkshire Hathaway HomeServices License #3278305

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,772

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 61 x 110 x 73 x 110
  • Sprinkler System

HOA Fees

  • $362 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Beach House
  • Newly Painted Property
  • Pitched Roof
  • Metal Roof
  • Shake Siding

Interior Spaces

  • 4,216 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Built-in Bookshelves
  • Woodwork
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Insulated Doors
  • Living Room
  • Dining Room
  • Bonus Room
  • Lake Views

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 5 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Balcony
  • Porch

Schools

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

Utilities

  • Central Air
  • Phone Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Doors
  • Dwelling with Separate Living Area

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25422-000-0240

Community Details

Overview

  • Association fees include ground keeping, internet service, security, cable TV, trash
  • Watercolor Subdivision

Amenities

  • Picnic Area

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,772

Year Built

Built in 2006

Lot Details

0

HOA Fees

$362 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 61 x 110 x 73 x 110
  • Road Surface Type: Paved
  • Co List Office Mls Id: ERON
  • Co List Office Phone: 850-231-9007
  • Subdivision Name: WATERCOLOR
  • Directions: Turn off of 395 onto West Lake Forest Dr., continue on W. Lake Forest Drive, turn left onto Needlerush Dr. turn right onto Blackwater St., the home in on the 5th lot on the left.
  • Architectural Style: Beach House
  • New Construction: No
  • Efficiency: Doors
  • Building Stories: 2
  • 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
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:Insulated Doors: Yes
  • Rooms:Bonus Room: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Gas, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Floor Hardwood, Floor Tile, Furnished - All, Newly Painted, Owner's Closet, Washer/Dryer Hookup, Wet Bar, Window Treatment All, Woodwork Painted
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Lake
  • Construction Type: Roof Metal, Roof Pitched, Shake Siding
  • Exterior Features: Balcony, Guest Quarters, Porch, Porch Open, Separate Living Area, Shower, Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Siding Shake: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Exterior:Porch Open: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Guest Quarters: Yes
  • Exterior:Separate Living Area: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features: Carport
  • Parking Features:Carport3: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Dock, Exercise Room, Fishing, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1085.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Internet Service, Security, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25422-000-0240
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 19771.52
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2017
Closed on
Jun 28, 2017
Sold by
Evans Walter E and Schultz Steven T
Bought by
Clark Christopher T
Seller's Agent
Andy Wiggins
The Beach Group Properties LLC
Buyer's Agent
Diana Kish
Berkshire Hathaway HomeServices
List Price
$2,000,000
Sold Price
$2,000,000
Current Estimated Value
$3,762,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,762,000
Avg. Annual Appreciation
8.25%
Original Mortgage
$1,400,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2009
Sold by
Twb Investments Llc
Bought by
Evans Walter E and Schultz Steven T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,067,500
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2007
Sold by
St Joe Home Building Lp
Bought by
Twb Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,427
Interest Rate
6.37%
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
Clark Christopher T $200,000,000 Attorney
Evans Walter E $1,525,000 Mcneese Title Llc
Twb Investments Llc $1,950,000 Residential Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Christopher T $4,042,500
Closed Clark Christopher T $1,400,000
Previous Owner Schultz Steven T $1,056,000
Previous Owner Evans Walter E $1,067,500
Previous Owner Twb Investments Llc $1,440,427
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2017 06/28/17 Sold $2,000,000 0.0% $474 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $2,000,000 -- $474 / 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 $13,180 $1,505,904 $1,505,904 --
2023 $13,180 $1,401,863 $0 $0
2022 $29,693 $3,589,855 $1,671,553 $1,918,302
2021 $25,146 $2,597,810 $1,462,042 $1,135,768
2020 $23,647 $2,368,874 $1,337,585 $1,031,289
2019 $22,830 $2,298,828 $1,298,626 $1,000,202
2018 $22,384 $2,244,906 $0 $0
2017 $21,603 $2,265,215 $1,224,080 $1,041,135
2016 $20,595 $2,205,818 $0 $0
2015 $19,516 $2,094,323 $0 $0
2014 $18,568 $2,004,414 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 768283

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25422-000-0240