NOT LISTED FOR SALE

Estimated Value: $2,962,000 - $3,380,000

4 Beds
4.5 Baths
2,866 Sq Ft
$1,110/Sq Ft Est. Value

Last Sold March 28, 2013

Last sale price $1,285,000 $448 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $19,274/month

383 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Florida Architecture
  • Bay Elementary School Rated A-
  • Lake View
  • Community Pool

About This Home

As of March 2013

Designed by Cooper Robertson & Partners, the design firm that planned and designed WaterColor and many of the WaterColor public buildings. The house was designed for WaterColors Master Planner and as a model for WaterColor Architects and builders. Located in the highly desirable Phase I of WaterColor, 629 Western Lake Dr backs up to Preserve and Western Lake. Very private & quiet lot yet is located only 1-3 blocks from the many wonderful amenities such as the WaterColor Boathouse, WaterColor Beach Club, Frog Pool and Tennis Center. The unique lakefront home offers 3 bdrm/3.5 bath in the main house with a separate 1 bdrm/1 bath Carriage House, with porches, decks and patios accessible from every room. Unique architectural touches throughout include interior & exterior columns, trim detail,custom mahogany exterior doors throughout, vaulted ceilings in main house bedrooms and barrel vault ceiling in carriage house. The home also features two large indoor living areas, two kitchens and two laundries for maximum entertainment! High quality bathroom plumbing fixtures throughout and is available fully furnished with top of the line furnishings. Recent upgrades include new living room sofas,large sea grass area rug, bedding,kitchen glass tile back splash,freshly painted first floor as well as the hall and guest bedroom on second floor. New interior accessories complete the classic look of the beach while the power washed exterior keeps it looking brand new! Buyer has unique opportunity to buy an immediate lifetime private membership in Camp Creek Golf Course, Shark's Tooth Golf Course and WaterSound Beach Club for $25,000!

Last Agent to Sell the Property

Andy Wiggins

The Beach Group Properties LLC License #3076380 Listed on: 01/20/2012

Last Buyer's Agent

Andy Wiggins

ecn.unknownoffice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,997

Year Built

  • Built in 2002

Lot Details

  • 5,401

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Florida Architecture

Interior Spaces

  • 2,866 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Lake Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Additional Features

  • Lot Dimensions are 50x100
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25405-000-0040

Community Details

Overview

  • Watercolor Subdivision

Amenities

  • Picnic Area

Recreation

  • Boat Dock
  • Beach
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,997

Year Built

Built in 2002

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 50X100
  • Subdivision Name: WATERCOLOR
  • Directions: Traveling East on Scenic Hwy 30-A from Hwy 283, take a left into the main entrance of WaterColor, turn Right on Western Lake Drive, left on WaterColor Blvd, right on Western Lake Drive turn right on W
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2002
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Foyer: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Dining Area: Yes
  • Waterview:Lake2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • View: Lake
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Beach, Dock, Exercise Room, Picnic Area, Playground, Pool
  • Association #2 Fee: 1050.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25405-000-0040
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2003
Sold by
Cooper Robertson & Partners
Bought by
Collura Salvatore W
Current Estimated Value
$3,182,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 1, 2001
Sold by
Cooper Alexander
Bought by
Cooper Robertson & Partners

Purchase Details

Closed on
Sep 28, 2000
Sold by
St Joe Arvida Home Building Lp
Bought by
Cooper Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
7.92%
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
Collura Salvatore W $1,230,000 Sunbelt Title Agency
Cooper Robertson & Partners $325,000 --
Cooper Alexander $325,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metz Mitchell J $424,100
Open Metz Mitchell J $828,750
Closed Collura Salvatore W $1,128,000
Closed Collura Salvatore W $307,500
Closed Collura Salvatore W $799,500
Previous Owner Cooper Alexander $800,000
Previous Owner Cooper Alexander $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2013 03/28/13 Sold $1,285,000 0.0% $448 / Sq Ft
02/06/2013 02/06/13 Pending -- -- --
01/20/2012 01/20/12 For Sale $1,285,000 -- $448 / 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 $18,997 $2,433,414 $1,150,268 $1,283,146
2023 $18,997 $1,866,779 $0 $0
2022 $18,536 $2,337,537 $1,276,798 $1,060,739
2021 $15,676 $1,698,041 $1,116,765 $581,276
2020 $14,297 $1,460,912 $1,021,699 $439,213
2019 $13,405 $1,422,810 $991,941 $430,869
2018 $11,558 $1,159,123 $0 $0
2017 $14,992 $1,512,606 $1,224,080 $288,526
2016 $14,664 $1,465,388 $0 $0
2015 $14,075 $1,384,665 $0 $0
2014 -- $1,284,665 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 570585

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25405-000-0040