NOT LISTED FOR SALE

Estimated Value: $2,659,000 - $3,399,000

4 Beds
4 Baths
2,541 Sq Ft
$1,203/Sq Ft Est. Value

Last Sold June 29, 2015

Last sale price $1,150,000 $453 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $18,613/month

57 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Golf Course Community
  • Dune Lakes Elementary School Rated A-
  • Beach
  • 4-minute walk to Park de Leonardo de Bicci

About This Home

As of June 2015

Location Location Location!! Phase I gem right on Western Lake. With a lot large enough to add a patio and outdoor kitchen overlooking the lake, you'll enjoy privacy and convenience this home offers. Walk or bike to the beach, Seaside, Boathouse, shopping and dining! Four bedrooms and four full baths, with a carport, outdoor shower and porches galore. Lots of storage for your beach toys and built in shelving. There are porches off each of the upstairs bedrooms and walkouts from the living and dining area to a back porch facing Western Lake. A great family vacation cottage and rental property!

Last Agent to Sell the Property

Karen Wagner

Watersound Real Estate License #684100 Listed on: 03/15/2015

Last Buyer's Agent

Karen Wagner

St Joe Community Sales Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,492

Year Built

  • Built in 2002

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 44x53x100
  • Lake Front
  • Wooded Lot

HOA Fees

  • $352 Monthly HOA Fees

Parking

  • 1 Attached Carport Space

Home Design

  • Florida Architecture
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 2,541 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-in Bookshelves
  • Shelving
  • Ceiling Fan
  • Recessed Lighting
  • Plantation Shutters
  • Dining Room
  • Lake Views

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Porch

Schools

  • Van R Butler Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Two Heating Systems
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25405-000-0250

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, legal, management, cable TV
  • Watercolor Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,492

Year Built

Built in 2002

Lot Details

0

HOA Fees

$352 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 44x53x100
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: Heading west from 395 and 30A intersection, turn right onto Mystic Cobalt, then right onto Western Lake Drive. Home is on the left.
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2002
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:AC - 2 or More: Yes
  • Waterview:Lake2: Yes
  • Utilities:Gas - Natural: Yes
  • Waterfront:Lake: Yes
  • Energy:Heat - Two or More: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Stove/Oven Electric, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Floor Hardwood, Floor Tile, Furnished - All, Lighting Recessed, Plantation Shutters, Shelving, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Shelving: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Plantation Shutters: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions, Within 1/2 Mile to Water, Wooded
  • View: Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Block, Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Balcony, Porch, Porch Open, Shower
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Wooded: Yes
  • ConstructionSiding:Block: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Carport Attached
  • Parking Features:Carport Attached: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Dock, Exercise Room, Fishing, Golf, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 1055.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Legal, Management, Cable TV

Schools

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

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 15-3S-19-25405-000-0250
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11491.76
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2015
Closed on
Jun 24, 2015
Sold by
Tafur Alvaro
Bought by
Conoscenti Christopher L
Seller's Agent
Karen Wagner
Watersound Real Estate
Buyer's Agent
Karen Wagner
St Joe Community Sales Inc
List Price
$1,150,000
Sold Price
$1,150,000
Current Estimated Value
$3,057,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,907,856
Avg. Annual Appreciation
10.09%
Original Mortgage
$805,000
Outstanding Balance
$610,095
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,447,761

Purchase Details

Listed on
Mar 15, 2015
Closed on
May 13, 2015
Sold by
Tafur Alvaro and Tafur Julia Christina
Bought by
Tafur Alvaro
Seller's Agent
Karen Wagner
Watersound Real Estate
Buyer's Agent
Karen Wagner
St Joe Community Sales Inc
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Outstanding Balance
$610,095
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,447,761

Purchase Details

Listed on
Mar 15, 2015
Closed on
May 1, 2015
Bought by
Conoscenti Christopher L
Seller's Agent
Karen Wagner
Watersound Real Estate
Buyer's Agent
Karen Wagner
St Joe Community Sales Inc
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Outstanding Balance
$610,095
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,447,761

Purchase Details

Closed on
Jul 15, 2002
Sold by
St Joe Arvida Home Building Lp
Bought by
Tafur Alvaro and Tafur Julia Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.75%
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
Conoscenti Christopher L $1,150,000 Attorney
Tafur Alvaro -- Attorney
Tafur Alvaro -- None Available
Conoscenti Christopher L $100 --
Tafur Alvaro $936,600 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conoscenti Christopher L $805,000
Previous Owner Tafur Alvaro $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2015 06/29/15 Sold $1,150,000 0.0% $453 / Sq Ft
05/11/2015 05/11/15 Pending -- -- --
03/15/2015 03/15/15 For Sale $1,150,000 -- $453 / 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 $19,578 $2,628,765 $1,150,268 $1,478,497
2023 $19,578 $1,841,532 $0 $0
2022 $16,389 $1,873,451 $1,276,798 $596,653
2021 $15,420 $1,665,885 $1,116,765 $549,120
2020 $14,081 $1,436,622 $1,021,699 $414,923
2019 $13,200 $1,398,976 $991,941 $407,035
2018 $11,401 $1,143,446 $0 $0
2017 $11,126 $1,496,659 $1,224,080 $272,579
2016 $14,504 $1,449,445 $0 $0
2015 $12,823 $1,368,933 $0 $0
2014 -- $1,268,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 725168

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25405-000-0250