NOT LISTED FOR SALE

Estimated Value: $3,703,675 - $4,184,000

0.12 Acre
$32,726,408 Price per Acre
5,227 Sq Ft Lot

Last Sold June 30, 2012

Last sale price $460,000 $124 Per Sq Ft

Est. 743% increase in value since last sale

Current estimated payment $23,469/month

118 Days on Market

Highlights

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

About This Lot

As of June 2012

One of the few remaining lots in this range in Phase III of Watercolor! This lot has rear access parking and room for a 2 car garage and carriage house! Very close to the WaterColor Phase III ''Frog'' pool. A short bike ride to the WaterColor foot bridge leading into Phase I and to the WaterColor Beach Club! Enjoy all that Watercolor has to offer including the Watercolor Beach Club, multiple community pools, Western Lake activities, restaurants, shopping and more!!!

Last Agent to Sell the Property

Andy Wiggins

The Beach Group Properties LLC License #3076380 Listed on: 02/04/2012

Last Buyer's Agent

John Sullivan

Scenic Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,191

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x105
  • Property fronts a private road
  • Interior Lot
  • Level Lot

HOA Fees

  • $303 Monthly HOA Fees

Schools

  • Van R Butler Elementary School
  • Seaside Middle School
  • South Walton High School

Utilities

  • Gas Available
  • Water Tap Fee Is Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25420-000-0590

Community Details

Overview

  • Association fees include accounting, management, recreational faclty, security, cable TV, trash
  • Watercolor Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$23,191

Lot Details

0

HOA Fees

$303 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.12
  • Lot Size: 50X105
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved Road
  • Subdivision Name: WATERCOLOR
  • Directions: Enter into WaterColor from Hwy 395 at WaterColor Publix Shopping Center. Right on W. Lake Forest Drive into Phase III of WaterColor. Right on Needlerush.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Utilities:Gas Available: Yes
  • Utilities:Tap Fee Paid: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Covenants, Interior, Level
  • Lot Features:Level: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Covenants: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Electric, Phone, Public Water, Tap Fee Paid, TV Cable, Gas Available
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Fishing, Picnic Area, Playground, Pool, Tennis, TV Cable, Owners Pets Allowed
  • Association #2 Fee: 909.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Management, Recreational Faclty, Security, Cable TV, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: 15-3S-19-25420-000-0590
  • Zoning: Resid Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2012
Closed on
Jun 29, 2012
Sold by
Johnson Phillip E and Johnson Jennifer
Bought by
Bayliss Slater W and Bayliss Sara F
Seller's Agent
Andy Wiggins
The Beach Group Properties LLC
Buyer's Agent
John Sullivan
Scenic Sotheby's International Realty
List Price
$460,000
Sold Price
$460,000
Current Estimated Value
$3,878,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,418,102
Avg. Annual Appreciation
17.65%
Original Mortgage
$1,022,456
Interest Rate
4.65%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 18, 2004
Sold by
Hightower Clinton H and Hightower Lisa D
Bought by
Johnson Phillip E and Johnson Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2004
Sold by
Aws Development Inc
Bought by
Hightower Clinton H and Hightower Lisa D

Purchase Details

Closed on
Sep 25, 2003
Sold by
St Joe Arvida Home Building Lp
Bought by
Aws Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
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
Bayliss Slater W $460,000 Mcneese Title Llc
Johnson Phillip E $590,000 Mcneese Title Llc
Hightower Clinton H $475,000 Baybridge Title & Escrow
Aws Development Inc $221,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bayliss Slater W $1,000,000
Closed Bayliss Slater W $1,022,456
Previous Owner Johnson Phillip E $531,000
Previous Owner Aws Development Inc $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2012 06/30/12 Sold $460,000 0.0% $124 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
02/04/2012 02/04/12 For Sale $460,000 -- $124 / 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 $23,191 $3,182,510 $753,636 $2,428,874
2023 $23,191 $1,997,775 $0 $0
2022 $20,768 $2,713,946 $836,536 $1,877,410
2021 $16,594 $1,779,119 $731,685 $1,047,434
2020 $14,983 $1,500,958 $669,400 $831,558
2019 $14,464 $1,456,406 $649,903 $806,503
2018 $14,042 $1,408,256 $0 $0
2017 $13,727 $1,385,025 $612,596 $772,429
2016 $13,455 $1,344,596 $0 $0
2015 $13,019 $1,280,760 $0 $0
2014 $12,780 $1,294,159 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 571339

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25420-000-0590