NOT LISTED FOR SALE

Estimated Value: $2,786,000 - $3,437,000

4 Beds
4.5 Baths
2,687 Sq Ft
$1,153/Sq Ft Est. Value

Last Sold March 09, 2012

Last sale price $1,149,000 $428 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $18,818/month

128 Days on Market

Highlights

  • Beach
  • Fishing
  • Florida Architecture
  • Dune Lakes Elementary School Rated A-
  • Lake View
  • 3-minute walk to Park de Leonardo de Bicci

About This Home

As of March 2012

This 4 bedroom, 4.5 bath home with approximately 2,687 square feet is located in the Lake District of WaterColor Phase I. This well appointed home takes full advantage of the Preserve and Western Lake views with its large screened porch off the rear of the home. The unique floor plan opens up the entire first floor for family gatherings around the gourmet kitchen and fireplace in the den. The upgraded finishes throughout include antique pine floors, Dacor gas cook top, Sub-Zero refrigerator and granite countertops. The second floor master bedroom offers a private balcony to take advantage of the beautiful preserve and Western Lake. Enjoy all of the amenities WaterColor has to offer including the WaterColor Beach Club, community pools, tennis courts, trails, kayaking and paddle boarding on Western Lake. Centrally located to the best dining, unique boutique shopping, bike paths and some of the most challenging golf courses the gulf coast has to offer. Easy access to Hwy 98, allowing you to explore the nearby cities of Destin or Panama City Beach, as well as, the Northwest Florida Beaches International Airport now open. This home is being sold fully furnished and rental ready. Call for more details.

Last Agent to Sell the Property

John Sullivan

Watersound Real Estate License #696250 Listed on: 03/02/2011

Watersound Real Estate

Last Buyer's Agent

John Sullivan

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,314

Year Built

  • Built in 2004

HOA Fees

  • $354 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Florida Architecture
  • Pitched Roof
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 2,687 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Beamed Ceilings
  • Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Screened Porch
  • Wood Flooring
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Shower
  • Lot Dimensions are 53 x 100 x 50 x 100

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25405-000-0260

Community Details

Overview

  • Association fees include management, recreational faclty, security, cable TV, trash
  • Watercolor Subdivision

Amenities

  • Picnic Area

Recreation

  • Beach
  • Community Playground
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,314

Year Built

Built in 2004

Lot Details

0

HOA Fees

$354 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 53 X 100 X 50 X 100
  • Subdivision Name: WATERCOLOR
  • Directions: From Highway 98 take Highway 283 south. Turn left on Scenic Hwy 30A Turn left onto WaterColor Blvd and follow to Western Lake Dr. Turn right on Western Lake Dr. House will be on your left.
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2004
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Waterview:Lake2: Yes
  • Rooms:Family Room: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished - All
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer, Water Heater - Elect
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Floor Hardwood
  • Interior Amenities: Breakfast Bar, Ceiling Beamed, Fireplace
  • Window Features: Window Treatment All
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Interior:Furnished - All: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Fireplace: Yes
  • Interior:Ceiling Beamed: Yes

Exterior Features

  • View: Lake
  • Construction Type: Roof Pitched, Siding CmntFbrHrdBrd
  • Exterior Features: Shower
  • Patio And Porch Features: Porch, Porch Screened
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Shower: Yes
  • Exterior:Porch Screened: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • Parking Features:Carport3: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Fishing, Picnic Area, Playground, Pool
  • Association #2 Fee: 1063.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Management, 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-19-25405-000-0260
  • Zoning: Resid Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2011
Closed on
Mar 6, 2012
Sold by
Stanziale Charles A and Estate Of Private Escapes Plat
Bought by
Constantine Arthur E and Constantine Mary C
Seller's Agent
John Sullivan
Watersound Real Estate
Buyer's Agent
John Sullivan
Scenic Sotheby's International Realty
List Price
$1,149,000
Sold Price
$1,149,000
Current Estimated Value
$3,099,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,950,154
Avg. Annual Appreciation
7.64%
Original Mortgage
$861,750
Outstanding Balance
$449,385
Interest Rate
1.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,649,769

Purchase Details

Closed on
Apr 24, 2008
Sold by
Keith Richard V
Bought by
Private Escapes Platinum Santa Rosa Beac

Purchase Details

Closed on
Aug 1, 2007
Sold by
Faulk William F and Faulk Rae C
Bought by
Keith Richard V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8%

Purchase Details

Closed on
Oct 28, 2004
Sold by
Wright E Allen and Wright Darla L
Bought by
Faulk William F and Faulk Rae C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
4.75%

Purchase Details

Closed on
Jun 25, 2004
Sold by
Huber Paul J
Bought by
Clark Chris B and Clark Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
6.25%

Purchase Details

Closed on
Mar 26, 2002
Sold by
St Joe Arvida Home Building Lp
Bought by
Wright E Allen and Wright Darla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.5%
Source: Public Records

Range of Values:

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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
Constantine Arthur E $1,149,000 Watson Sewell Title
Private Escapes Platinum Santa Rosa Beac $995,300 Attorney
Keith Richard V $1,795,000 Southern Escrow & Title Llc
Faulk William F $1,795,000 Mcneese Title Llc
Clark Chris B -- Mcneese Title Llc
Clark Chris B $199,200 Mcneese Title Llc
Wright E Allen $285,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Constantine Arthur E $861,750
Previous Owner Keith Richard V $1,000,000
Previous Owner Faulk William F $215,000
Previous Owner Faulk William F $1,400,000
Previous Owner Clark Chris B $665,000
Previous Owner Wright E Allen $790,000
Previous Owner Wright E Allen $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2019 06/23/19 Off Market $1,149,000 -- --
03/09/2012 03/09/12 Sold $1,149,000 0.0% $428 / Sq Ft
07/08/2011 07/08/11 Pending -- -- --
03/02/2011 03/02/11 For Sale $1,149,000 -- $428 / 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 $19,314 $2,475,708 $1,150,268 $1,325,440
2023 $19,314 $1,897,974 $0 $0
2022 $18,823 $2,371,423 $1,276,798 $1,094,625
2021 $15,893 $1,716,997 $1,116,765 $600,232
2020 $14,486 $1,475,417 $1,021,699 $453,718
2019 $13,630 $1,446,907 $991,941 $454,966
2018 $11,751 $1,178,493 $0 $0
2017 $14,761 $1,528,565 $1,224,080 $304,485
2016 $13,994 $1,474,827 $0 $0
2015 $13,218 $1,393,870 $0 $0
2014 -- $1,293,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 553359

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25405-000-0260