NOT LISTED FOR SALE

Estimated Value: $1,908,454 - $2,512,000

5 Beds
4.5 Baths
2,545 Sq Ft
$838/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $2,500,000 $982 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $13,699/month

2 Days on Market

Highlights

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

About This Home

As of April 2022

Beautiful Watercolor home with prime location! Features include 2 spacious master suites; one on the first floor and one on the second with private porch. This home boasts stunning wire brush oak floors throughout, V-Groove wood walls, 10ft ceilings on the first floor, abundant windows and light fixtures, ample porch space, and a Gourmet kitchen with Caesar-stone countertops, gas range, farmhouse sink, and bar area with wine refrigerator. The second floor offers a media room with vaulted ceilings and built in bookcases, 2 additional spacious bedrooms and a bunk room. Other features include an attached garage, whole home security system, water filtration system, outdoor shower, and plenty of owner storage space. Currently not on a vacation rental program but has strong rental projections.

Last Agent to Sell the Property

John Martin Group

Berkshire Hathaway HomeServices PenFed Realty Listed on: 03/27/2022

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Douglas Damaceno

Berkshire Hathaway HomeServices PenFed Realty License #3526501

Last Buyer's Agent

Wanda Duke

Crye-Leike Coastal Realty License #3023935

Crye-Leike Coastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,802

Year Built

  • Built in 2013

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30 x 106
  • Property fronts a private road

HOA Fees

  • $534 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 2 Carport Spaces
  • Automatic Garage Door Opener

Home Design

  • Beach House
  • Cement Board or Planked

Interior Spaces

  • 2,545 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-in Bookshelves
  • Crown Molding
  • Living Room
  • Dining Room
  • Screened Porch
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14-3S-19-25404-000-0550

Community Details

Overview

  • Association fees include internet service, master, recreational faclty, cable TV, trash
  • Watercolor Subdivision

Amenities

  • Picnic Area
  • Community Pavilion
  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,802

Year Built

Built in 2013

Lot Details

0

HOA Fees

$534 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Lot Size: 30 x 106
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: EPNF
  • Co List Office Phone: 850-267-0013
  • Subdivision Name: WATERCOLOR
  • Directions: From 30A & 395 travel north on 395, take the fourth right onto E. Royal Fern Way. Fourth house on the right.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2013
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: 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: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Dual Fuel, Washer, Wine Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Floor Hardwood, Furnished - All, Kitchen Island
  • Window Features: Storm Window(s)
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:StoveOven Dual Fuel: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Built-In Bookcases: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Siding CmntFbrHrdBrd, Slab
  • Exterior Features: Porch, Porch Screened, Shower
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Porch Screened: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.0
  • Garage Spaces: 1.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes

Utilities

  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Deed Access, Dock, Exercise Room, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable
  • Association #2 Fee: 1602.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Internet Service, Master Association, Recreational Faclty, Cable TV, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 3049.2
  • Parcel #: 14-3S-19-25404-000-0550
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8801.69
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2016
Closed on
Apr 7, 2016
Sold by
Pritchett Bryan and Pritchett Stacy
Bought by
Watercolor Vacations Llc
Seller's Agent
Cynthia Cobine
Scenic Sotheby's International Realty
Buyer's Agent
Betsy Hulsey
Alys Beach Properties Llc
List Price
$832,000
Sold Price
$832,000
Current Estimated Value
$2,144,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,312,739
Avg. Annual Appreciation
10.61%
Original Mortgage
$747,968
Outstanding Balance
$601,069
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$1,532,545

Purchase Details

Listed on
Jan 3, 2013
Closed on
Aug 2, 2013
Sold by
Huff Developments Llc
Bought by
Pritchett Bryan and Pritchett Stacy
Seller's Agent
Hunter Harman
Watersound Real Estate
Buyer's Agent
Cynthia Cobine
Scenic Sotheby's International Realty
List Price
$596,145
Sold Price
$596,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.30%
Original Mortgage
$476,916
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2012
Sold by
The St Joe Company
Bought by
Huff Developments Llc
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
Watercolor Vacations Llc $832,000 Attorney
Pritchett Bryan $596,200 Emerald Coast Title Svcs
Huff Developments Llc $125,000 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watercolor Vacations Llc $747,968
Previous Owner Pritchett Bryan $476,916
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $2,500,000 0.0% $982 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/27/2022 03/27/22 For Sale $2,500,000 0.0% $982 / Sq Ft
02/04/2018 02/04/18 Off Market $1 -- --
04/07/2016 04/07/16 Sold $832,000 0.0% $327 / Sq Ft
03/06/2016 03/06/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $832,000 0.0% $327 / Sq Ft
06/29/2015 06/29/15 Rented $1 0.0% --
06/29/2015 06/29/15 Under Contract -- -- --
05/26/2015 05/26/15 For Rent $1 0.0% --
08/05/2013 08/05/13 Sold $596,145 0.0% $237 / Sq Ft
01/31/2013 01/31/13 Pending -- -- --
01/03/2013 01/03/13 For Sale $596,145 -- $237 / 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 $15,843 $1,743,571 $171,019 $1,572,552
2023 $15,843 $1,743,571 $171,019 $1,572,552
2022 $11,192 $1,476,883 $189,831 $1,287,052
2021 $8,802 $941,289 $166,037 $775,252
2020 $7,968 $798,208 $151,903 $646,305
2019 $7,663 $774,235 $147,479 $626,756
2018 $7,214 $747,136 $0 $0
2017 $6,299 $635,515 $139,013 $496,502
2016 $5,054 $542,067 $0 $0
2015 $5,097 $538,299 $0 $0
2014 $5,566 $539,869 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 894164

Emerald Coast Association of REALTORS®

APN: 14-3S-19-25404-000-0550