NOT LISTED FOR SALE

Estimated Value: $1,976,618

2 Beds
2 Baths
1,260 Sq Ft
$1,569/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $1,725,000 $1,369 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $12,440/month

Highlights

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

About This Home

As of April 2022

Lovingly Built and Cared for by the Original Owners 67 Mystic Cobalt is what Watercolor is all about. A small perfect Beach Cottage tucked in amongst our Scrub Oak trees with easy access to all Watercolor and 30A have to offer. LISTED FOR COMP PURPOSES ONLY
SOLD DATE 4-15-22

Last Agent to Sell the Property

Ann Mosely

Berkshire Hathaway HomeServices License #694965 Listed on: 04/18/2022

Berkshire Hathaway HomeServices

Last Buyer's Agent

Scott Cobine

Berkshire Hathaway HomeServices License #681944

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,678

Year Built

  • Built in 2001

Lot Details

  • Lot Dimensions are 40x120
  • Property fronts a private road

HOA Fees

  • $530 Monthly HOA Fees

Home Design

  • Beach House
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Wood Flooring

Kitchen

  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Parking

  • Attached Carport
  • Automatic Garage Door Opener

Outdoor Features

  • Deeded access to the beach
  • Porch

Schools

  • Dune Lakes Elementary School
  • Seaside Middle School
  • South Walton High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25402-000-0030

Community Details

Overview

  • Watercolor Phase I Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,678

Year Built

Built in 2001

Lot Details

0

HOA Fees

$530 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 40x120
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Watercolor Phase I
  • Directions: Located in Phase 1 of Watercolor. Turn right traveling from Seaside headed west. Turn right on Mystic Cobalt before the Watercolor Town Center
  • Architectural Style: Beach House
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2001
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Dining Room: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Refrigerator W/IceMk, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Floor Hardwood
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes

Exterior Features

  • Lot Features: Covenants
  • Pool Features: Pool Type
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Porch Open
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport Attached
  • General Property Info:Garage2: No
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Carport Attached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Deed Access, Dock, Exercise Room, Fishing, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Whirlpool
  • Association #2 Fee: 1590.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25402-000-0030
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Apr 14, 2022
Sold by
Borders Jeffery L and Borders Janice S
Bought by
Grahovec Linda and Grahovec Edward Joseph
Seller's Agent
Ann Mosely
Berkshire Hathaway HomeServices
Buyer's Agent
Scott Cobine
Berkshire Hathaway HomeServices
List Price
$1,725,000
Sold Price
$1,725,000
Current Estimated Value
$1,976,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,618
Avg. Annual Appreciation
3.73%
Original Mortgage
$1,288,500
Outstanding Balance
$1,230,293
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$718,200

Purchase Details

Closed on
Nov 19, 2001
Sold by
St Joe Arvida Home Building Lp
Bought by
Borders Jeffery L and Deboeuf Borders Janice S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6%
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
Grahovec Linda $1,725,000 None Listed On Document
Borders Jeffery L $626,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grahovec Linda $1,288,500
Previous Owner Borders Jeffery L $750,000
Previous Owner Borders Jeffery L $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 For Sale $1,725,000 0.0% $1,369 / Sq Ft
04/15/2022 04/15/22 Sold $1,725,000 -- $1,369 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
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 $13,678 $1,496,762 $800,000 $696,762
2023 $13,678 $1,505,352 $800,000 $705,352
2022 $11,034 $1,309,739 $683,817 $625,922
2021 $9,536 $985,110 $598,108 $387,002
2020 $9,184 $920,011 $547,193 $372,818
2019 $8,909 $897,048 $531,256 $365,792
2018 $8,698 $872,359 $0 $0
2017 $0 $855,593 $500,760 $354,833
2016 $8,157 $840,354 $0 $0
2015 -- $804,390 $0 $0
2014 -- $711,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 896055

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25402-000-0030