NOT LISTED FOR SALE

Estimated Value: $4,017,471 - $4,667,000

5 Beds
5.5 Baths
3,951 Sq Ft
$1,093/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $3,776,568 $956 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $26,504/month

Highlights

  • Beach House
  • Living Room
  • Multiple cooling system units
  • Bay Elementary School Rated A-

About This Home

As of December 2021

Entered for comp purposes only

Last Agent to Sell the Property

Tommy Brantley

Watersound Real Estate License #3119207 Listed on: 12/14/2021

Last Buyer's Agent

Tommy Brantley

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,803

Year Built

  • Built in 2013

Lot Details

  • 9,148 Sq Ft Lot
  • Property is zoned Resid Multi-Family

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Beach House

Interior Spaces

  • 3,951 Sq Ft Home
  • 2-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units

Community Details

  • Watercolor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25419-000-0170

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,803

Year Built

Built in 2013

Lot Details

0

HOA Fees

$530 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Lot Size: uneven
  • Subdivision Name: WATERCOLOR
  • Directions: None
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2013
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Rooms:Living Room: Yes
  • Energy:AC - 2 or More: Yes
  • Rooms:Separate Apartment: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes

Utilities

  • Utilities: Public Sewer, Public Water

Condo/Co-op/Association

  • Association #2 Fee: 1590.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 15-3S-19-25419-000-0170
  • Zoning: Resid Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16803.28
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2024
Sold by
Mercer Derika W and Mercer Charles
Bought by
Mercer Charles and Mercer Derika Wells
Current Estimated Value
$4,278,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Outstanding Balance
$2,786,577
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$1,478,080

Purchase Details

Listed on
Dec 14, 2021
Closed on
Nov 22, 2021
Sold by
United States Of America
Bought by
Mercer Derika W
Seller's Agent
Tommy Brantley
Watersound Real Estate
Buyer's Agent
Tommy Brantley
Berkshire Hathaway HomeServices
List Price
$3,776,568
Sold Price
$3,776,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Original Mortgage
$2,800,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2013
Closed on
Sep 4, 2013
Sold by
Weekley Homes Llc
Bought by
Walters Wade A and Walters Dorothy H
Seller's Agent
Linda Campbell
Watersound Real Estate
Buyer's Agent
Karen Holder
The Beach Group Properties LLC
List Price
$1,700,000
Sold Price
$1,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.12%
Original Mortgage
$1,105,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 3, 2012
Closed on
May 10, 2012
Sold by
Mullins Craig
Bought by
Weekley Homes Llc
Seller's Agent
Marianne Grant
Watersound Real Estate
Buyer's Agent
Linda Campbell
Legendary Realty 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
214.26%

Purchase Details

Closed on
Nov 30, 2004
Sold by
St Joe Home Building Lp
Bought by
Mullins Craig
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mercer Charles $100 None Listed On Document
Mercer Derika W $3,776,568 Insight Title & Escrow Llc
Walters Wade A $1,700,000 Town Square Title Ltd
Weekley Homes Llc $375,000 Town Square Title Ltd
Mullins Craig $706,500 Residential Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercer Charles $2,800,000
Previous Owner Mercer Derika W $2,800,000
Previous Owner Walters Wade A $1,105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Off Market $3,776,568 -- --
12/14/2021 12/14/21 Sold $3,776,568 0.0% $956 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/14/2021 12/14/21 For Sale $3,776,568 +907.1% $956 / Sq Ft
09/16/2019 09/16/19 Off Market $375,000 -- --
09/04/2013 09/04/13 Sold $1,700,000 0.0% $453 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
02/13/2013 02/13/13 For Sale $1,700,000 +353.3% $453 / Sq Ft
05/11/2012 05/11/12 Sold $375,000 0.0% $100 / Sq Ft
03/26/2012 03/26/12 Pending -- -- --
03/03/2012 03/03/12 For Sale $375,000 -- $100 / 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 $30,558 $3,624,088 $815,515 $2,808,573
2023 $30,558 $3,363,066 $815,515 $2,547,551
2022 $29,299 $3,161,532 $905,222 $2,256,310
2021 $0 $2,127,471 $791,762 $1,335,709
2020 $16,803 $1,683,292 $724,363 $958,929
2019 $16,219 $1,633,209 $703,265 $929,944
2018 $15,743 $1,578,910 $0 $0
2017 $15,396 $1,553,408 $662,894 $890,514
2016 $15,094 $1,508,399 $0 $0
2015 $14,336 $1,437,426 $0 $0
2014 $12,935 $1,254,726 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 887406

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25419-000-0170