NOT LISTED FOR SALE

Estimated Value: $2,508,499 - $3,176,000

5 Beds
5 Baths
2,732 Sq Ft
$1,059/Sq Ft Est. Value

Last Sold June 15, 2017

Last sale price $1,325,000 $485 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $17,487/month

57 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Fishing
  • Bay Elementary School Rated A-
  • Deeded access to the beach
  • 3-minute walk to Park de Leonardo de Bicci

About This Home

As of June 2017

This lovely beach home is perfectly nestled in Watercolor, within close proximately to the community Beach Club and right next to the pathway to Seaside. The owners are the origional owners who built the home and have taken great pride in maintaining and caring for it over the years. As soon as you arrive you will enter through the beautiful screened front porch with gorgeous wood ceilings and doors. The first floor of the home offers a comfortable living area that is spacious for entertaining. Just off of the living area is the kitchen that has plenty of cabinet space, beautiful granite counter tops, gas stove and a breakfast bar. Next the kitchen is a quaint dining room or sitting area with large windows that brings in just enough sunlight. Also conveniently located on the first floor is the master suite. The master bedroom can easily accommodate a king bed and has a walk in closet and the master bath has a large tub, separate shower and dual vanity. Just down the hall is a small bedroom or bunk room and a separate full bath that can also be used to shower off after the beach or pool by accessing the shower with a door from the back porch. Moving on to the second floor you will find two spacious bedrooms and a full bath. One of the bedrooms leads to the large screened balcony that is nicely furnished and complete with a twin size bed swing for those long summer days. What makes this home unique within the community is the wonderful carriage house that has a small kitchen, dining area, living room, washer & dryer and a private bedroom with full bath. You can access the carriage house either from the separate entrance in the back or from the second floor balcony through a screened door that can be either unlocked or locked from the main house. Other great features include locked owners storage on the back porch and two-car carport parking.

Last Agent to Sell the Property

Shaina Hershey Sly

Keller Williams Realty SRB License #3172450 Listed on: 01/23/2017

Keller Williams Realty SRB

Last Buyer's Agent

Stewart Haire

Homes On 30a Llc License #3142812

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,995

Year Built

  • Built in 2004

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property fronts a private road
  • Interior Lot
  • Cleared Lot

HOA Fees

  • $362 Monthly HOA Fees

Home Design

  • Beach House
  • Metal Roof
  • Wood Trim
  • Cement Board or Planked

Interior Spaces

  • 2,732 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-in Bookshelves
  • Crown Molding
  • Vaulted Ceiling
  • Recessed Lighting
  • Window Treatments
  • Family Room
  • Breakfast Room
  • Screened Porch
  • Exterior Washer Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 5 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Garden Bath

Parking

  • Detached Carport Space
  • Guest Parking

Outdoor Features

  • Deeded access to the beach

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Tap Fee Is Paid
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25405-000-0400

Community Details

Overview

  • Association fees include recreational faclty, trash
  • Watercolor Subdivision
  • The community has rules related to covenants
  • Handicap Modified Features In Community

Amenities

  • Picnic Area
  • Recreation Room

Recreation

  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,995

Year Built

Built in 2004

Lot Details

0

HOA Fees

$362 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 50x100
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: From the Hwy 30A and Hwy 395 intersection, drive west on 30A through Seaside and take a right onto Mystic Cobalt and then take a right onto Western Lake Drive. 764 will be on your right, just before Virdian Drive.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2004
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Rooms:Breakfast Room: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Screened Porch: Yes
  • Rooms:Family Room: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator W/IceMk, Stove/Oven Gas
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Ceiling Raised, Floor Hardwood, Floor Tile, Furnished - All, Guest Quarters, Lighting Recessed, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: 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
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Guest Quarters2: Yes

Exterior Features

  • Lot Features: Cleared, Covenants, Interior, Restrictions, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd, Trim Wood
  • Exterior Features: Porch Screened
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Cleared: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Porch Screened: Yes
  • ConstructionSiding:Trim Wood: Yes
  • Lot Features:Sidewalk: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport Detached, Guest
  • Parking Features:Guest: Yes
  • Parking Features:Carport Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Deed Access, Dock, Exercise Room, Fishing, Handicap Provisions, Pets Allowed, Picnic Area, Playground, Pool, Tennis, Waterfront
  • Association #2 Fee: 1085.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Recreational Faclty, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 15-3S-19-25405-000-0400
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10995.22
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2017
Closed on
May 30, 2017
Sold by
Livi Wright Cynthia W and Livi Richard E Wright Iii 1997
Bought by
Turner Michael Gerald and Turner Karol Bland
Seller's Agent
Shaina Hershey Sly
Keller Williams Realty SRB
Buyer's Agent
Stewart Haire
Homes On 30a Llc
List Price
$1,325,000
Sold Price
$1,325,000
Current Estimated Value
$2,914,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,589,439
Avg. Annual Appreciation
9.96%
Original Mortgage
$993,750
Outstanding Balance
$838,374
Interest Rate
4.02%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$2,039,708

Purchase Details

Closed on
Dec 31, 2015
Sold by
Wright Cynthia W and Cynthia W Wright Trust
Bought by
Livi Wright Cynthia W and Livi Richard E Wright Iii 1997

Purchase Details

Closed on
Dec 1, 2015
Bought by
Wright Richard E Iii 1997

Purchase Details

Closed on
Jan 13, 2009
Sold by
Wright Richard E and Wright Cynthia W
Bought by
Wright Cynthia W and Cynthia W Wright Trust

Purchase Details

Closed on
Jul 23, 2004
Sold by
John Willis Homes Of Florida Inc
Bought by
Wright Richard E and Wright Cynthia W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$884,830
Interest Rate
5.37%

Purchase Details

Closed on
Jun 28, 2002
Sold by
St Joe Arvida Home Building Lp
Bought by
John Willis Homes Of Florida Inc
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
Turner Michael Gerald $1,325,000 None Available
Livi Wright Cynthia W -- Attorney
Wright Richard E Iii 1997 $100 --
Wright Cynthia W -- None Available
Wright Richard E $983,200 Mcneese Title Llc
John Willis Homes Of Florida Inc $250,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Michael Gerald $993,750
Previous Owner Wright Cynthia W $897,250
Previous Owner Wright Richard E $884,830
Previous Owner John Willis Homes Of Florida Inc $825,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2020 09/24/20 Off Market $1,325,000 -- --
06/15/2017 06/15/17 Sold $1,325,000 0.0% $485 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $1,325,000 -- $485 / 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 $14,945 $2,007,845 $677,657 $1,330,188
2023 $14,945 $1,405,980 $0 $0
2022 $14,355 $1,850,489 $752,199 $1,098,290
2021 $11,714 $1,259,533 $657,919 $601,614
2020 $10,545 $1,056,334 $601,913 $454,421
2019 $10,329 $1,040,051 $584,381 $455,670
2018 $11,405 $1,143,836 $0 $0
2017 $11,219 $1,131,915 $500,760 $631,155
2016 $10,995 $1,098,797 $0 $0
2015 $10,678 $1,059,052 $0 $0
2014 $9,826 $959,052 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 767729

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25405-000-0400