NOT LISTED FOR SALE

Estimated Value: $5,763,000 - $6,177,000

6 Beds
6.5 Baths
4,900 Sq Ft
$1,216/Sq Ft Est. Value

Last Sold April 03, 2017

Last sale price $3,660,000 $747 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $36,545/month

31 Days on Market

Highlights

  • Beach
  • In Ground Pool
  • Gulf View
  • Dune Lakes Elementary School Rated A-
  • Fishing
  • Gated Community

About This Home

As of April 2017

Custom home with expansive gulf views and a beautiful array of indoor/outdoor space. The bi-fold wall of glass doors offers a seamless transition with an open airflow concept between a 20' x 30' exquisite outdoor living space with heated pool, waterfall features and a hot tub. The second level features an additional living area that leads to a covered expansive balcony complete with 27' x 8' of Brazilian wood decking to enjoy the outdoors. Additionally there is a 25' x 8' covered balcony located directly off the master bedroom to enjoy and bask in the gulf breezes. Stunning panoramic gulf views and sunsets from the fourth floor tower porch and sitting area along with a private elevator make this a must see home. View documents for a detailed list of features.

Last Agent to Sell the Property

Amin Delawalla

Berkshire Hathaway HomeServices Beach Properties of Florida License #3114659 Listed on: 02/20/2017

Berkshire Hathaway HomeServices Beach Properties of Florida

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,244

Year Built

  • Built in 2017

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50' x 112'
  • Corner Lot
  • Level Lot
  • Cleared Lot

HOA Fees

  • $393 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 4,900 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Bookcases
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • French Doors
  • Living Room
  • Dining Room
  • Den
  • Atrium Room
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Garage Door Opener
  • Guest Parking

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Courtyard
  • Deck
  • Covered Patio or Porch
  • Outdoor Living Area

Schools

  • Bay Elementary School
  • Seaside Middle School
  • South Walton High School

Utilities

  • Central Air
  • Propane
  • Gas Water Heater

Community Details

Overview

  • Association fees include management, legal/accounting, ground maintenance, security
  • 1St Services Association
  • Watersound Beach Subdivision

Recreation

  • Beach
  • Community Playground
  • Community Pool
  • Fishing
  • Park

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,244

Year Built

Built in 2017

Lot Details

0

HOA Fees

$393 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2017
  • Property Sub Type: Detached
  • Lot Size Acres: 0.1
  • Lot Size: 50' x 112'
  • Subdivision Name: Watersound Beach
  • Architectural Style: Coastal
  • Unit Levels: Three Or More
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Ice Maker, Microwave, Range Hood, Wine Refrigerator, Washer
  • Interior Amenities: Atrium, Wet Bar, Breakfast Bar, Bookcases, Elevator, French Door(s)/Atrium Door(s), High Ceilings, Kitchen Island, Other, Pantry, Recessed Lighting, Vaulted Ceiling(s), Natural Woodwork
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Living Area: 4900.0
  • Dining Room Type: Bedroom, Den, Dining Room, Full Bath, Half Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Porch
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Gunite, In Ground, Community, Pool
  • View: Gulf
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Deck, Outdoor Living Area, Outdoor Shower, Pool, Porch, Courtyard
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: Attached, Garage, Garage Door Opener, Guest, Other
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Propane, Phone Connected, Sewer Connected, Water Connected
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 1180.0
  • Community Features: Beach, Clubhouse, Fitness Center, Fishing, Gated, Other, Playground, Park, Pool, See Remarks, Waterfront
  • Association Fee Frequency: Quarterly
  • Association Name: 1st Services
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Legal/Accounting, Maintenance Grounds, Security

Schools

  • Middle Or Junior School: Seaside

Lot Info

  • Lot Features: Cleared, Corner Lot, Level
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Annual Amount: 8244.0
  • Tax Year: 2016

MLS Schools

  • Elementary School: Bay
  • High School: South Walton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2021
Sold by
Drummond Susan Dianne
Bought by
70 S Watch Tower Lane Llc
Current Estimated Value
$5,960,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,811,086
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$4,148,964

Purchase Details

Closed on
Jan 13, 2020
Sold by
W F Marshall Family Partnership Lllp
Bought by
Drummond Susan Dianne

Purchase Details

Listed on
Feb 20, 2017
Closed on
Apr 3, 2017
Sold by
Dune Holdings Llc
Bought by
Wf Marshall Family Partnership Lllp
Seller's Agent
Amin Delawalla
Berkshire Hathaway HomeServices Beach Properties of Florida
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$3,795,000
Sold Price
$3,660,000
Premium/Discount to List
-$135,000
-3.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%

Purchase Details

Closed on
May 28, 2015
Sold by
Adelson Thomas A
Bought by
Dune Holdings Llc

Purchase Details

Closed on
May 1, 2015
Bought by
Dune Holdings Llc

Purchase Details

Closed on
Jul 22, 2005
Sold by
Lincoln Trust Co
Bought by
Dt Llc

Purchase Details

Closed on
Jul 8, 2004
Sold by
Thomas William A and Thomas Carro N
Bought by
Lincoln Trust Co and Lawrence A Kross Ira Traditional & Ira P

Purchase Details

Closed on
Mar 18, 2003
Sold by
St Joe Arvida Home Building Lp
Bought by
Thomas William A and Thomas Carro N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
5.86%
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
70 S Watch Tower Lane Llc $4,000,000 Coastal Title & Escrow
Drummond Susan Dianne $3,575,000 Mcneese Title
Wf Marshall Family Partnership Lllp $3,660,000 Mcneese Title Llc
Dune Holdings Llc -- None Available
Adelson Thomas A -- None Available
Dune Holdings Llc $100 --
Dt Llc $1,575,000 Mcneese Title Llc
Lincoln Trust Co $460,000 --
Thomas William A $460,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 70 S Watch Tower Lane Llc $2,000,000
Previous Owner Thomas William A $414,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $3,660,000 -- --
04/03/2017 04/03/17 Sold $3,660,000 -3.6% $747 / Sq Ft
03/23/2017 03/23/17 Pending -- -- --
02/20/2017 02/20/17 For Sale $3,795,000 -- $774 / Sq Ft
Source: Central Panhandle 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 $47,153 $5,252,482 $1,409,095 $3,843,387
2023 $47,153 $5,099,873 $0 $0
2022 $42,966 $4,636,248 $1,564,095 $3,072,153
2021 $33,956 $3,507,944 $1,368,053 $2,139,891
2020 $32,854 $3,291,159 $1,137,815 $2,153,344
2019 $29,984 $3,019,251 $1,104,675 $1,914,576
2018 $29,106 $2,919,018 $0 $0
2017 $26,930 $2,717,054 $899,698 $1,817,356
2016 $8,244 $823,900 $0 $0
2015 $6,815 $770,000 $0 $0
2014 -- $522,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 655658

Central Panhandle Association of REALTORS®

APN: 20-3S-18-16010-000-0270