$375,000
SOLD FEB 27, 2013
0 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

194 Days on Market

Highlights

  • Waterfront Community
  • Deeded access to the beach
  • Community Pool
  • Bay Elementary School Rated A-
  • Fishing
  • Tennis Courts

About This Lot

As of January 2015

Excellent building lot with plenty of privacy.Backs up to common area. This not a short sale and can close quick!

Last Agent to Sell the Property

Kevin Plemmons

Keller Williams Realty Destin Listed on: 07/23/2012

Last Buyer's Agent

Scott Ray

Destin Real Estate Group of NWF LLC License #3066002

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,787

Lot Details

  • Lot Dimensions are 58 x 121
  • Property fronts a county road
  • Property is zoned Deed Restrictions

HOA Fees

  • $330 Monthly HOA Fees

Schools

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

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14-3S-19-25400-000-0060

Community Details

Overview

  • Association fees include ground keeping, recreational faclty
  • Watercolor Subdivision
  • The community has rules related to covenants

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion

Recreation

  • Waterfront Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing
  • Deeded access to the beach

Property Details

Property Type

Land

Est. Annual Taxes

$21,787

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size: 58 X 121
  • Road Frontage Type: County Road
  • Subdivision Name: WATERCOLOR
  • Directions: Hwy 395 to entrance of watercolor first left Lot is a block on the Right.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Covenants
  • Lot Features:Covenants: Yes

Utilities

  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Deed Access, Fishing, Pavillion/Gazebo, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront, Owners Pets Allowed
  • Association #2 Fee: 991.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Recreational Faclty

Schools

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

Lot Info

  • Parcel #: 14-3S-19-25400-000-0060
  • Zoning: Deed Restrictions
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2017
Sold by
Pennington Jeffrey E and Pennington Georgria B
Bought by
Pennington Jeffrey R and Pennington Goergia B
Current Estimated Value
$3,785,943

Purchase Details

Listed on
May 22, 2013
Closed on
Jan 1, 2015
Sold by
Cypress Cove Lot 6 Llc
Bought by
Pennington Jeffrey R and Pennington Georgia B
Seller's Agent
Hunter Harman
Watersound Real Estate
Buyer's Agent
Karen Holder
The Beach Group Properties LLC
List Price
$1,725,000
Sold Price
$1,725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%

Purchase Details

Listed on
Jul 23, 2012
Closed on
Feb 27, 2013
Sold by
Six Cypress Cove Llc
Bought by
Cypress Cove Lot 6 Llc
Seller's Agent
Kevin Plemmons
Keller Williams Realty Destin
Buyer's Agent
Scott Ray
Destin Real Estate Group of NWF LLC
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
129.19%

Purchase Details

Closed on
Apr 26, 2011
Sold by
Hundley David Allan and Hundley Pamela L
Bought by
Six Cypress Cove Llc

Purchase Details

Closed on
Dec 1, 2004
Sold by
Flanagan Michael F and Rostowsky Kevin K
Bought by
Hundley David Allan and Hundley Pamela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,200
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2004
Sold by
Trutna Tom and Trutna Janine
Bought by
Flanagan Michael F and Rostowsky Kevin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,500
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2004
Sold by
Harrison Wayland J and Harrison Patricia R
Bought by
Trutna Tom and Trutna Janine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,500
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2003
Sold by
St Joe Arvida Homebuilding Lp
Bought by
Harrison Wayland J and Harrison Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $1,725,000 Burke Law & Title Llc
Warranty Deed $375,000 Attorney
Warranty Deed $175,000 Attorney
Warranty Deed $598,000 --
Warranty Deed $495,000 Acquire Land Title Pcb Llc
Warranty Deed $365,000 Mcneese Title Llc
Special Warranty Deed $201,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $730,000 Commercial
Previous Owner $538,200 Purchase Money Mortgage
Previous Owner $445,500 Purchase Money Mortgage
Previous Owner $328,500 Purchase Money Mortgage
Previous Owner $175,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2015 01/01/15 Sold $1,725,000 0.0% $492 / Sq Ft
11/18/2014 11/18/14 Pending -- -- --
05/22/2013 05/22/13 For Sale $1,725,000 +360.0% $492 / Sq Ft
02/27/2013 02/27/13 Sold $375,000 0.0% --
02/02/2013 02/02/13 Pending -- -- --
07/23/2012 07/23/12 For Sale $375,000 -- --
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 $21,787 $3,187,403 $582,511 $2,604,892
2023 $21,787 $1,927,811 $0 $0
2022 $18,929 $2,365,485 $646,587 $1,718,898
2021 $16,637 $1,847,113 $565,544 $1,281,569
2020 $15,139 $1,582,446 $517,402 $1,065,044
2019 $13,076 $1,316,721 $502,332 $814,389
2018 $12,776 $1,281,333 $0 $0
2017 $11,957 $1,206,364 $473,496 $732,868
2016 $11,737 $1,172,879 $0 $0
2015 $10,900 $1,120,169 $0 $0
2014 $3,041 $295,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 558962

Emerald Coast Association of REALTORS®

APN: 14-3S-19-25400-000-0060