NOT LISTED FOR SALE

Estimated Value: $2,687,000 - $3,175,000

4 Beds
4 Baths
2,662 Sq Ft
$1,111/Sq Ft Est. Value

Last Sold June 22, 2023

Last sale price $3,030,000 $1,138 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $18,059/month

17 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Covered Deck
  • Bay Elementary School Rated A-
  • Deeded access to the beach
  • Newly Painted Property

About This Home

As of June 2023

Location and Renovation are just the first two words your buyers will think of and love about this beautiful corner home in Phase 1. Just 2 1/2 blocks to the beach club this 4 bedroom 4 bath home was meticulously renovated in 2021. Suitable for either a primary resident, second home or rental investment the home has abundant storage inside and out. Several bonus spots exist either to gather or find privacy. The huge sundeck over the expanded carport, around the island of the expanded kitchen or in the living room with a cozy fire to name a few. A first floor king bedroom and second floor room designed with kids in mind will delight all the generations. A primary and additional large guest room on the second floor complete the bedroom layout. En-suite baths for all bedrooms, of course!

Last Agent to Sell the Property

Bernadette Flannery

Scenic Sotheby's International Realty License #3220127 Listed on: 05/17/2023

Scenic Sotheby's International Realty

Last Buyer's Agent

Rush Krug

Scenic Sotheby's International Realty License #3495526

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,551

Year Built

  • Built in 2004 | Remodeled

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 55' x100'
  • Property fronts a private road
  • Corner Lot

HOA Fees

  • $587 Monthly HOA Fees

Parking

  • 3 Attached Carport Spaces

Home Design

  • Beach House
  • Newly Painted Property
  • Frame Construction
  • Metal Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,662 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-in Bookshelves
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Area
  • Bonus Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Balcony
  • Covered Deck
  • Rain Gutters
  • Porch

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25405-000-0140

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, legal, licenses/permits, management, recreational faclty, repairs/maintenance, security, cable TV, trash
  • Watercolor Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,551

Year Built

Built in 2004 | Remodeled

Lot Details

0

HOA Fees

$587 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Lot Size: 55' x100'
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: From 30A turn north onto Mystic Cobalt Street. Home will be on the left when street dead ends into Western Lake Drive.
  • Architectural Style: Beach House
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2004
  • 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:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Bonus Room: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Gas, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Fireplace, Fireplace Gas, Floor Hardwood, Furnished - All, Kitchen Island, Newly Painted, Owner's Closet, Pantry, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Newly Painted: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Lot Features: Corner, Covenants, Restrictions, Survey Available, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Foundation On Piling, Frame, Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Rain Gutter, Balcony, Deck Enclosed, Deck Open, Porch Open, Renovated, Shower
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Survey Available: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Lot Features:Corner: Yes
  • Exterior:Rain Gutter: Yes
  • Exterior:Deck Enclosed: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 3.0
  • Covered Parking Spaces: 3.0
  • Parking Features: Carport Attached
  • General Property Info:Garage2: No
  • Parking Features:Carport Attached: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Dock, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1760.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Legal, Licenses/Permits, Management, Recreational Faclty, Repairs/Maintenance, Security, Cable TV, Trash

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: 15-3S-19-25405-000-0140
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15551.21
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Jun 22, 2023
Sold by
Dehaven Robert Keith and Dehaven Tammy Sue
Bought by
Ballas Properties Llc
Seller's Agent
Bernadette Flannery
Scenic Sotheby's International Realty
Buyer's Agent
Rush Krug
Scenic Sotheby's International Realty
List Price
$3,200,000
Sold Price
$3,030,000
Premium/Discount to List
-$170,000
-5.31%
Views
42
Current Estimated Value
$2,957,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,088
Avg. Annual Appreciation
0.12%

Purchase Details

Listed on
Jul 25, 2015
Closed on
Jun 10, 2016
Sold by
Hocker Mary Jane
Bought by
Dehaven Robert Keith and Dehaven Tammy Sue
Seller's Agent
Will Palmer
Better Homes and Gardens Real Estate Coast Properties
Buyer's Agent
- Ecn.rets.e21382
ecn.rets.RETS_OFFICE
List Price
$1,270,000
Sold Price
$1,270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.15%
Original Mortgage
$952,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2004
Sold by
Hutchinson Larry J and Hutchinson Janet M
Bought by
Hocker Mary Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2003
Sold by
Trapp Charles E and Trapp Lisa M
Bought by
Hutchinson Larry J and Hutchinson Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,700
Interest Rate
5.74%

Purchase Details

Closed on
Mar 12, 2002
Sold by
St Joe Arvida Home Building Lp
Bought by
Trapp Charles F and Trapp Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.98%
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
Ballas Properties Llc $3,030,000 Provident Title
Dehaven Robert Keith $1,270,000 Coastal Land Title Llc
Hocker Mary Jane $1,675,000 Mcneese Title Llc
Hutchinson Larry J $403,000 Sunbelt Title Agency
Trapp Charles F $260,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dehaven Robert Keith $952,500
Previous Owner Hocker Mary Jane $555,000
Previous Owner Hocker Mary Jane $650,000
Previous Owner Hutchinson Larry J $362,700
Previous Owner Trapp Charles F $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold $3,030,000 -5.3% $1,138 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $3,200,000 +152.0% $1,202 / Sq Ft
06/10/2016 06/10/16 Sold $1,270,000 0.0% $514 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
07/25/2015 07/25/15 For Sale $1,270,000 -- $514 / 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 $16,261 $2,251,244 $677,657 $1,573,587
2023 $16,261 $1,493,940 $0 $0
2022 $15,551 $2,034,270 $752,199 $1,282,071
2021 $11,424 $1,226,571 $657,919 $568,652
2020 $10,299 $1,031,745 $601,913 $429,832
2019 $10,084 $1,015,397 $584,381 $431,016
2018 $11,062 $1,109,369 $0 $0
2017 $10,875 $1,097,282 $500,760 $596,522
2016 $10,656 $1,064,940 $0 $0
2015 $10,303 $1,025,661 $0 $0
2014 $9,464 $925,661 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 923471

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25405-000-0140