NOT LISTED FOR SALE

Estimated Value: $3,272,000 - $3,630,000

4 Beds
5.5 Baths
3,224 Sq Ft
$1,061/Sq Ft Est. Value

Last Sold July 10, 2017

Last sale price $1,480,000 $459 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $20,676/month

454 Days on Market

Highlights

  • Deeded access to the beach
  • Maid or Guest Quarters
  • Main Floor Primary Bedroom
  • Dune Lakes Elementary School Rated A-
  • Florida Architecture
  • 5-minute walk to Park de Leonardo de Bicci

About This Home

As of July 2017

Best Value & Price In Lake District - Serene Watercolor location within short distance to the boathouse, town center & walking paths. ''Serenity Path'' boasts spacious gathering areas, vast porches, a first floor master bedroom that backs up to community green space plus 2 guest bedrooms with en suite baths & a guest house! Daylight flows through the center of the main house from the 3rd floor tower down to the first floor library. Second floor gourmet kitchen with gas range, Sub-Zero fridge, Fisher-Paykel 2 drawer dishwasher, breakfast bar, butlers pantry, custom window/banquette seating & more. Expansive home provides living areas on each floor, a luxurious master suite w/trough tub, separate shower, walk-in closet & a guest house allowing for additional privacy. Plenty of storage space throughout and additional owners closets. A clever separate and private indoor bath with outdoor access makes rinsing off the sand after the beach quite convenient. Take yourself up to the 3rd floor cupola and enjoy the sunset and tower top views of Watercolor. "Serenity Path" is currently a rental property with Sunburst Beach Vacations.YTD $74,000 with projections of $100,000***Buyer is responsible for personally verifying details about this property. All information contained on the listing is believed to be accurate, yet not guaranteed. ***

Last Agent to Sell the Property

Rachel Matz

Christies International Real Estate Emerald Coast License #3272585 Listed on: 03/11/2016

Christies International Real Estate Emerald Coast

Co-Listed By

Michelle Joly

Davis Properties Of Nw Fl License #3116678

Last Buyer's Agent

Debbie Watson

Destinctive Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,975

Year Built

  • Built in 2005

Lot Details

  • 5,358

HOA Fees

  • $362 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Cement Board or Planked

Interior Spaces

  • 3,224 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Built-in Bookshelves
  • Gas Fireplace
  • Dining Room
  • Library
  • Loft
  • Sun or Florida Room

Kitchen

  • Double Oven
  • Gas Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Deeded access to the beach
  • Lot Dimensions are 54 x 100

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25405-000-0110

Community Details

Overview

  • Association fees include ground keeping, internet service, recreational faclty, security, cable TV, trash
  • Watercolor Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,975

Year Built

Built in 2005

Lot Details

0

HOA Fees

$362 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 54 x 100
  • Co List Office Mls Id: EDPN
  • Co List Office Phone: 850-231-2025
  • Subdivision Name: WATERCOLOR
  • Directions: From 30A & 395 South drive west on 30A through Seaside into Watercolor. Take a right onto Mystic Cobalt and a right onto Western Lake Drive. Home will be on the North side of the street.
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2005
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Loft: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Rooms:Sun Room: Yes
  • Rooms:Library: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Oven Double, Refrigerator, Stove/Oven Gas, Washer, Wine Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Built-In Bookcases, Fireplace Gas, Furnished - All, Guest Quarters, Kitchen Island, Owner's Closet, Wet Bar
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Appliances:Freezer: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes
  • Appliances:Oven Double: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Interior:Guest Quarters2: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Siding CmntFbrHrdBrd
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Access, Exercise Room, Playground, Pool, Tennis
  • Association #2 Fee: 1085.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Internet Service, Recreational Faclty, Security, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25405-000-0110
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13975.22
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2017
Sold by
Thoele Charles E and Thoele Beth V
Bought by
Thoele Charles E and Thoele Beth V
Current Estimated Value
$3,420,412

Purchase Details

Closed on
Feb 14, 2017
Sold by
Thoele Charles E and Thoele Beth V
Bought by
Seven C Seas Llc

Purchase Details

Closed on
Oct 26, 2001
Sold by
St Joe Arvida Home Building Lp
Bought by
Thoele Charles E and Thoele Beth V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

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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
Thoele Charles E -- Attorney
Seven C Seas Llc $1,480,000 None Available
Thoele Charles E $300,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thoele Charles E $479,500
Previous Owner Thoele Charles E $1,100,000
Previous Owner Thoele Charles E $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2017 07/10/17 Sold $1,480,000 0.0% $459 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
03/11/2016 03/11/16 For Sale $1,480,000 -- $459 / 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 $20,551 $2,684,682 $1,150,268 $1,534,414
2023 $20,551 $1,982,816 $0 $0
2022 $19,956 $2,544,019 $1,276,798 $1,267,221
2021 $16,694 $1,812,494 $1,116,765 $695,729
2020 $15,227 $1,559,777 $1,021,699 $538,078
2019 $14,308 $1,525,218 $991,941 $533,277
2018 $12,276 $1,231,173 $0 $0
2017 $15,601 $1,574,052 $1,224,080 $349,972
2016 $14,836 $1,526,492 $0 $0
2015 $13,975 $1,437,849 $0 $0
2014 $13,081 $1,341,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 748308

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25405-000-0110