NOT LISTED FOR SALE

Estimated Value: $2,749,000 - $3,354,000

0.15 Acre
$19,722,867 Price per Acre
6,534 Sq Ft Lot

Last Sold June 14, 2019

Last sale price $560,000

Est. 427% increase in value since last sale

Current estimated payment $18,161/month

262 Days on Market

Highlights

  • Beach
  • Fishing
  • Tennis Courts
  • Bay Elementary School Rated A-
  • Community Pool
  • Picnic Area

About This Lot

As of June 2019

One of the last remaining homesites in Watercolor offers lots of privacy and is large enough to build your dream home! Large WaterColor Phase II homesite nestled next to community greenspace both to the side and the rear offering outstanding privacy. A neighborhood trail leads to the popular ''Frog'' swimming pool and to Camp WaterColor while the beach is less than half of a mile south. The WaterColor Crossings town center is minutes away with shops, eateries and a Publix market. Located on 499 acres in the renowned South Walton Beaches, WaterColor was created with families in mind and offers the charm of small town life. T Exceptional community amenities include several beautiful swimming pools, a gulf front beach club, nature trails, kayaking, canoeing, a fitness center, tennis, Camp WaterColor for kids, parks and green spaces. Hwy 98 is minutes away making travel to both Destin and Panama City Beach con

Last Agent to Sell the Property

Sterling Rainer

Berkshire Hathaway HomeServices License #3037894 Listed on: 08/13/2018

Berkshire Hathaway HomeServices

Last Buyer's Agent

Jimmy Burgess

Great South Realty Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,165

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 55x120

HOA Fees

  • $420 Monthly HOA Fees

Schools

  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14-3s-19-25400-000-0350

Community Details

Overview

  • Watercolor Subdivision

Amenities

  • Picnic Area
  • Community Pavilion

Recreation

  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Whirlpool Spa
  • Fishing

Property Details

Property Type

Land

Est. Annual Taxes

$19,165

Lot Details

0

HOA Fees

$420 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.15
  • Lot Size: 55x120
  • Subdivision Name: WATERCOLOR
  • Directions: From Hwy 395 turn west on Royal Fern. Lot will be on your left.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Special Features: None

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Exercise Room, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 1260.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 14-3s-19-25400-000-0350
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2018
Closed on
Jun 14, 2019
Sold by
Fisher Gale
Bought by
Waldron Gregory and Waldron Tammie
Seller's Agent
Sterling Rainer
Berkshire Hathaway HomeServices
Buyer's Agent
Jimmy Burgess
Great South Realty Inc
List Price
$560,000
Sold Price
$560,000
Current Estimated Value
$2,948,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,388,579
Avg. Annual Appreciation
31.16%
Original Mortgage
$448,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 18, 2004
Sold by
Gluck Robert and Perri Tony
Bought by
Fisher Gale

Purchase Details

Closed on
Apr 23, 2004
Sold by
Ocean Development Llc
Bought by
Gluck Robert and Perri Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2003
Sold by
St Joe Arvida Homebuilding Lp
Bought by
Ocean Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Waldron Gregory $560,000 Attorney
Fisher Gale $539,000 Mcneese Title Llc
Gluck Robert $335,000 --
Ocean Development Llc $271,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waldron Gregory $325,000
Closed Waldron Gregory $448,000
Previous Owner Fisher Gale $200,000
Previous Owner Gluck Robert $301,500
Previous Owner Ocean Development Llc $238,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Off Market $560,000 -- --
06/14/2019 06/14/19 Sold $560,000 0.0% --
05/02/2019 05/02/19 Pending -- -- --
08/13/2018 08/13/18 For Sale $560,000 -- --
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 $19,165 $2,617,940 $582,511 $2,035,429
2023 $19,165 $1,855,873 $0 $0
2022 $16,862 $1,966,898 $646,587 $1,320,311
2021 $14,847 $1,533,779 $565,544 $968,235
2020 $5,165 $517,402 $517,402 $0
2019 $4,033 $502,332 $502,332 $0
2018 $3,842 $487,701 $0 $0
2017 $3,638 $473,496 $473,496 $0
2016 $3,477 $455,285 $0 $0
2015 $3,288 $425,500 $0 $0
2014 -- $295,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 805187

Emerald Coast Association of REALTORS®

APN: 14-3S-19-25400-000-0350