NOT LISTED FOR SALE

Estimated Value: $4,719,000 - $6,557,000

5 Beds
5.5 Baths
3,288 Sq Ft
$1,686/Sq Ft Est. Value

Last Sold August 26, 2013

Last sale price $2,300,000 $700 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $32,992/month

7 Days on Market

Highlights

  • Beach
  • Screened Pool
  • Gated Community
  • Dune Lakes Elementary School Rated A-
  • Gulf View
  • Beach House

About This Home

As of August 2013

Brand new luxury home in the very desirable Bridges area of WaterSound. This fabulous floor plan features 5 bedrooms and 5.5 baths with the master suite on the 3rd floor to take advantage of the amazing, permanent Gulf views! Cedar shingle exterior with a cedar shake roof depicts the look of a true Nantucket home. The Courtyard features a black bottom pool with fountain, fire pit, outdoor Subzero refrigerator with ice, a privacy wall, Brazilian hardwood decking, and Peacock Pavers The first level has 3 bedrooms, 3 baths, laundry room, living area, and storage. The second level has the second master suite with Gulf views, powder room, gourmet kitchen with pantry, 48'' Subzero built-in refrigerator, 48'' Wolf dual fuel range, Wolf microwave, and Bosch dishwasher, dining and living with Gulf views. The entire 3rd floor is the master suite complete with a sitting area, his and her walk-in closets, and amazing views of the Gulf! The master bath features dual vanities, free standing tub, and huge shower with body jets. The huge, open air tower provides incredible views of the Gulf of Mexico and Camp Creek Lake. It is partially covered and perfect for entertaining with a Subzero refrigerator and a fireplace for cooler sunset evenings. The exterior features include Bevolo gas lanterns, Sherwin Williams Duration paint, tabby stucco on chimney & foundation piers, extensive landscaping and irrigation. The interior features include custom interior mouldings, reclaimed antique beams, wood walls throughout, wire-brushed oak hardwood flooring throughout, marble or ceramic tile in all wet areas, marble countertops throughout, see through Isokern fireplace in living room, custom iron stair handrails, three-stop elevator, solid wood construction cabinetry with dovetail joinery and soft close hardware, 1 3/4'' solid core trustile interior doors, antique, Troy, & Bevolo lighting fixtures, and Rohl & Kohler plumbing fixtures.

Last Agent to Sell the Property

Kasi Williams

Berkshire Hathaway HomeServices License #3108908 Listed on: 05/24/2013

Berkshire Hathaway HomeServices

Co-Listed By

R David Lilienthal

Berkshire Hathaway HomeServices License #571511

Last Buyer's Agent

Alda Sileo

Century 21 Beach Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013 | Under Construction

Lot Details

  • Lot Dimensions are 80x110x43x110
  • Property fronts a private road
  • Property fronts a county road
  • Partially Fenced Property
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $370 Monthly HOA Fees

Parking

  • Detached Garage

Property Views

  • Gulf
  • Lake

Home Design

  • Beach House
  • Shingle Roof
  • Shake Siding
  • Wood Trim

Interior Spaces

  • 3,288 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Tinted Windows
  • Insulated Doors
  • Living Room
  • Dining Room
  • Den
  • Breakfast Bar
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Outdoor Shower

Schools

  • Van R Butler Elementary School
  • Bay Middle School
  • South Walton High School

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • High Efficiency Heating System
  • Air Source Heat Pump
  • Water Tap Fee Is Paid
  • Tankless Water Heater
  • Multiple Water Heaters
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Doors
  • Porch

Listing and Financial Details

  • Assessor Parcel Number 21-3S-18-16200-000-0420

Community Details

Overview

  • Watersound Subdivision

Amenities

  • Community Barbecue Grill
  • Sauna
  • Recreation Room

Recreation

  • Beach

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2013 | Under Construction

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 80X110X43X110
  • Road Frontage Type: County Road, Private Road
  • Co List Office Mls Id: EBF1
  • Co List Office Phone: 850-213-5150
  • Subdivision Name: WATERSOUND
  • Directions: Enter WaterSound on Bridge Lane. Turn left onto Tidal Bridge Way. Home is located on the south corner of Tidal Bridge Way.
  • Architectural Style: Beach House
  • New Construction: No
  • Efficiency: Doors
  • Building Stories: 3
  • Year Built: 2013
  • Remarks Misc:Remarks: Brand new luxury home in the very desirable Bridges area of WaterSound. This fabulous floor plan features 5 bedrooms and 5.5 baths with the master suite on the 3rd floor to take advantage of the amazing, permanent Gulf views! Cedar shingle exterior with a cedar shake roof depicts the look of a true Nantucket home. The Courtyard features a black bottom pool with fountain, fire pit, outdoor Subzero refrigerator with ice, a privacy wall, Brazilian hardwood decking, and Peacock Pavers The first level has 3 bedrooms, 3 baths, laundry room, living area, and storage. The second level has the second master suite with Gulf views, powder room, gourmet kitchen with pantry, 48'' Subzero built-in refrigerator, 48'' Wolf dual fuel range, Wolf microwave, and Bosch dishwasher, dining and living
  • Utilities Electric: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Energy:Heat High Efficiency: Yes
  • Rooms:Dining Room: Yes
  • Utilities:Tap Fee Paid: Yes
  • Utilities:Community Water: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:Insulated Doors: Yes
  • Rooms:Laundry2: Yes
  • Energy:AC - 2 or More: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Waterview:Lake2: Yes
  • Utilities:Gas - Natural: Yes
  • Energy:Water Heater - Gas: Yes
  • Energy:Heat - Two or More: Yes
  • Energy:Tinted Windows: Yes
  • Rooms:Den: Yes
  • Energy:Heat Pump AA Two: Yes
  • Energy:Water Heater - Two: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar
  • Window Features: Double Pane Windows, Tinted Windows
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes

Exterior Features

  • Lot Features: Corner, Within 1/2 Mile to Water
  • View: Lake, Gulf
  • Construction Type: Roof Shingle/Shake, Shake Siding, Slab, Trim Wood
  • Exterior Features: Fenced Lot-Part, Fireplace, Pool - Enclosed, Pool - Heated, Pool - In-Ground, Porch, Porch Open, Shower, Sprinkler System
  • Property Condition: Under Construction
  • Lot Features:Within 12 Mile to Water: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Siding Shake: Yes
  • Construction Status:Under Construction: Yes
  • Exterior:Porch Open: Yes
  • Exterior:Pool - Heated: Yes
  • ConstructionSiding:Roof ShingleShake: Yes
  • Exterior:Shower: Yes
  • Exterior:Sprinkler System: Yes
  • Exterior:Pool - Enclosed: Yes
  • Exterior:Pool - In-Ground: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Lot Features:Corner: Yes
  • Exterior:Fireplace2: Yes

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump A/A Two +, Central
  • Heating Yn: Yes
  • Utilities: Community Sewer, Community Water, Electric, Gas - Natural, Phone, Tap Fee Paid, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Exercise Room, Gated Community, Sauna/Steam Room, TV Cable
  • Association #2 Fee: 1110.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Van R Butler
  • High School: South Walton
  • Middle Or Junior School: Bay

Lot Info

  • Parcel #: 21-3S-18-16200-000-0420
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2013
Closed on
Aug 23, 2013
Sold by
Florida Ws Property Llc
Bought by
Ellis C Lee and Ellis Nancy H
Seller's Agent
Kasi Williams
Berkshire Hathaway HomeServices
Buyer's Agent
Alda Sileo
Century 21 Beach Realty
List Price
$2,300,000
Sold Price
$2,300,000
Current Estimated Value
$5,543,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,243,723
Avg. Annual Appreciation
7.40%
Original Mortgage
$1,300,000
Outstanding Balance
$306,352
Interest Rate
4.39%
Mortgage Type
New Conventional
Estimated Equity
$5,237,371

Purchase Details

Closed on
Jul 30, 2010
Sold by
Clarke John U
Bought by
Florida Ws Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,505
Interest Rate
4.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 8, 2010
Sold by
Epstein Steven Robert and Epstein Joanne Winthrop
Bought by
Clarke John U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,505
Interest Rate
4.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 10, 2009
Sold by
Epstein Steven R and Epstein Joanne W
Bought by
Epstein Steven R and Epstein Joanne W

Purchase Details

Closed on
Jul 30, 2004
Sold by
Craige Burton and Craige Leslie
Bought by
Epstein Steven R and Epstein Joanne W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 7, 2003
Sold by
Mcchesney George L and Mcchesney Deborah D
Bought by
Craige F Burton and Craige Leslie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ellis C Lee $2,300,000 None Available
Florida Ws Property Llc $250,600 Attorney
Clarke John U $275,000 Neighborhood Title Group
Epstein Steven R -- Attorney
Epstein Steven R $1,250,000 Mcneese Title Llc
Craige F Burton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis C Lee $1,300,000
Previous Owner Florida Ws Property Llc $250,505
Previous Owner Epstein Steven R $875,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2013 08/26/13 Sold $2,300,000 0.0% $700 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $2,300,000 -- $700 / 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
2025 $41,880 $4,673,529 $1,190,000 $3,483,529
2024 $43,332 $4,951,387 -- --
2023 $43,332 $4,807,172 $0 $0
2022 $42,899 $4,667,157 $1,265,877 $3,401,280
2021 $27,141 $2,803,908 $1,107,213 $1,696,695
2020 $26,247 $2,645,977 $1,012,961 $1,633,016
2019 $23,582 $2,374,577 $983,457 $1,391,120
2018 $22,276 $2,234,071 $0 $0
2017 $21,812 $2,200,674 $867,138 $1,333,536
2016 $20,866 $2,138,809 $0 $0
2015 $18,734 $1,843,064 $0 $0
2014 $18,456 $1,790,264 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 597584

Emerald Coast Association of REALTORS®

APN: 21-3S-18-16200-000-0420