NOT LISTED FOR SALE

Estimated Value: $2,231,000 - $3,013,000

4 Beds
4 Baths
2,420 Sq Ft
$1,114/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $1,450,000 $599 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $16,742/month

221 Days on Market

Highlights

  • Beach
  • Fishing
  • Deck
  • Bay Elementary School Rated A-
  • Maid or Guest Quarters
  • Florida Architecture

About This Home

As of June 2017

Extremely desirable location in WaterColor, Mystic Cobalt Street...only 1 block from 30A and the Gulf of Mexico and the Beach Club. This lovely cottage has been renovated within the last 5 years and a new carriage house with a single car garage added within the last 4 years. This cozy cottage has a total of 4 Bedrooms, plus bunk room for children. (3 bedrooms plus 2 bed bunk room in main house and 1 bedroom in Carriage house). The kitchen has upgraded appliances with the latest in tile work and counter tops and is open to the living and dining room which works so well for family get-together's. The carriage house has a kitchen with small refrigerator, 2 burner cook-top, microwave, separate bedroom, living area and bath...perfect as a separate apartment for company. With only a short stroll to the town center of WaterColor, you are only seconds away from the shops and restaurants that flourish in the community. Owners enjoy the WaterColor Beach Club plus 4 additional pools, canoeing and kayaking on Western Lake, tennis and twenty miles of trails perfect for bike riding or jogging. This home is a must see and ready for occupancy. Home has not been on a rental program, however, it would make the perfect investment property for rental income. Buyer's agent should verify details related to this property, including, but not limited to, dimensions, square footage, school zones, fees and any other information that may affect the Buyer's decision to purchase this property. For showing appointment or additional information on this property, please contact Linda Campbell 850-830-3173 or Sherry Fuelberg 850-532-3871.

Last Agent to Sell the Property

Linda Campbell

Watersound Real Estate License #650333 Listed on: 09/02/2016

Co-Listed By

Karen Holder

Christies International Real Estate Emerald Coast

Last Buyer's Agent

Stewart Haire

Homes On 30a Llc License #3142812

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,318

Year Built

  • Built in 2002 | Remodeled

Lot Details

  • Lot Dimensions are 40x102
  • Property fronts a private road
  • Interior Lot
  • Sprinkler System
  • Property is zoned Deed Restrictions

HOA Fees

  • $473 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Florida Architecture
  • Off Grade Structure
  • Metal Roof
  • Wood Trim
  • Cement Board or Planked

Interior Spaces

  • 2,420 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Great Room
  • Dining Area
  • Loft

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25402-000-0150

Community Details

Overview

  • Association fees include accounting, management, cable TV, trash
  • Watercolor Subdivision
  • The community has rules related to covenants

Amenities

  • Community Pavilion

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,318

Year Built

Built in 2002 | Remodeled

Lot Details

0

HOA Fees

$473 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 40x102
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: EHO3
  • Co List Office Phone: 850-660-1830
  • Subdivision Name: WaterColor
  • Directions: From Highway 98 take County Road 395 South. This dead ends into Scenic Highway 30-A. Take a right onto 30-A. WaterColor will be approximately 1.5 miles from the intersection of County Road 395 and Scenic HWY 30a. Mystic Cobalt will be on your right.
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2002
  • Utilities:Public Sewer: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:Water Heater - Elect: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Utilities:Community Water: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Rooms:Loft: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Great Room: Yes
  • Energy:Heat Cntrl Gas: Yes
  • Rooms:Separate Apartment: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Refrigerator W/IceMk, Stove/Oven Gas, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Ceiling Cathedral, Floor Hardwood, Floor Tile, Furnished - All, Guest Quarters, Kitchen Island, Renovated
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Ceiling Cathedral: Yes
  • Appliances:Range Hood: Yes
  • Interior:Furnished - All: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Guest Quarters2: Yes

Exterior Features

  • Lot Features: Covenants, Interior, Restrictions, Within 1/2 Mile to Water
  • Construction Type: Foundation Off Grade, Roof Metal, Siding CmntFbrHrdBrd, Trim Wood
  • Exterior Features: Deck Open, Porch Open, Shower, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • ConstructionSiding:Trim Wood: Yes
  • ConstructionSiding:Foundation Off Grade: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage Detached
  • Parking Features:Garage Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Exercise Room, Fishing, Pavillion/Gazebo, Playground, Pool, Tennis, TV Cable
  • Association #2 Fee: 1418.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Management, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25402-000-0150
  • Zoning: Deed Restrictions
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Jun 8, 2017
Sold by
Fogelman Mark and Fogelman Margo
Bought by
The Cruz Family Limited Partnership
Seller's Agent
Linda Campbell
Watersound Real Estate
Buyer's Agent
Stewart Haire
Homes On 30a Llc
List Price
$1,450,000
Sold Price
$1,450,000
Current Estimated Value
$2,699,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,249,394
Avg. Annual Appreciation
7.90%
Original Mortgage
$1,087,500
Outstanding Balance
$913,432
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$1,780,762

Purchase Details

Closed on
Feb 25, 2011
Sold by
Ragsdale Joan C
Bought by
Fogelman Mark and Fogelman Margo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2002
Sold by
David Clark Construction Company Inc
Bought by
Ragsdale Joan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
6.07%

Purchase Details

Closed on
Sep 26, 2001
Sold by
St Joe Arvida Home Building Lp
Bought by
David Clark Construction Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.89%
Source: Public Records

Range of Values:

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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
The Cruz Family Limited Partnership $1,450,000 Attorney
Fogelman Mark $925,000 Mcneese Title Llc
Ragsdale Joan C $762,500 Sunbelt Title Agency
David Clark Construction Company Inc $220,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Cruz Family Limited Partnership $1,087,500
Previous Owner Fogelman Mark A $660,000
Previous Owner Fogelman Mark $675,000
Previous Owner Ragsdale Joan C $200,000
Previous Owner Ragsdale Joan C $610,000
Previous Owner David Clark Construction Company Inc $596,000
Previous Owner David Clark Construction Company Inc $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Off Market $1,450,000 -- --
06/16/2017 06/16/17 Sold $1,450,000 0.0% $599 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
09/02/2016 09/02/16 For Sale $1,450,000 -- $599 / 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 $16,318 $2,045,959 $800,000 $1,245,959
2023 $16,318 $1,559,984 $0 $0
2022 $14,825 $1,801,818 $683,817 $1,118,001
2021 $12,479 $1,289,243 $598,108 $691,135
2020 $12,088 $1,210,921 $547,193 $663,728
2019 $11,740 $1,182,159 $531,256 $650,903
2018 $11,450 $1,148,368 $0 $0
2017 $11,288 $1,138,938 $500,760 $638,178
2016 $11,183 $1,117,558 $0 $0
2015 $10,786 $1,074,642 $0 $0
2014 $9,934 $974,642 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 760090

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25402-000-0150