NOT LISTED FOR SALE

83 Mystic Cobalt St Santa Rosa Beach, FL 32459

WaterColor Neighborhood

Estimated Value: $2,066,000 - $2,527,000

3 Beds
3 Baths
1,670 Sq Ft
$1,374/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $2,335,000 $1,398 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $13,795/month

Highlights

  • Beach
  • Florida Architecture
  • Covered Patio or Porch
  • Dune Lakes Elementary School Rated A-
  • Furnished
  • Interior Lot

About This Home

As of May 2024

This classic one story 3 bedroom 3 bathroom Watercolor cottage is ideally located in the very front of Phase I, and is just a short stroll to the beach and newly revamped beach club. The home boasts an inviting front porch, ideal for savoring your morning coffee or enjoying a delightful meal outdoors. Professionally decorated, the interior offers an open kitchen and living area with ample space for gathering with loved ones. Granite countertops and stainless-steel appliances enhance the culinary experience. The spacious master suite and second bedroom feature king-size beds, window seats, and direct access to the rear screened porch. The third bedroom showcases custom-built queen over queen bunk beds. Outside you will find covered rear parking area, grilling area and an outdoor shower. WaterColor Resort, an award-winning destination, spans 500 acres along the Emerald Coast. Explore its natural beauty through miles of walking and biking trails. Immerse yourself in the stunning emerald waters and sugar-white sands of one of the world's most beautiful beaches. Enjoy access to five resort pools, including an adult pool, and indulge in the convenience of on-site boutique shops and restaurants. Experience poolside dining and towel service at the private Beach Club or savor gulf-view dining at Fish Out of Water.

Last Agent to Sell the Property

Michael Savage

Christies International Real Estate Emerald Coast License #3318898 Listed on: 04/03/2024

Christies International Real Estate Emerald Coast

Last Buyer's Agent

Michael Savage

Destin Palms Vacations Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,026

Year Built

  • Built in 2001

Lot Details

  • Lot Dimensions are 40x117
  • Interior Lot

HOA Fees

  • $487 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Florida Architecture
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 1,670 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Dining Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25402-000-0050

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, legal, management, master, recreational faclty, security, cable TV, trash
  • Watercolor Subdivision
  • The community has rules related to covenants

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,026

Year Built

Built in 2001

Lot Details

0

HOA Fees

$487 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 40x117
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: From HWY 395 go West to Mystic Cobalt St go North. House is on the left.
  • Architectural Style: Florida Cottage
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2001
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Furnished - All
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes

Exterior Features

  • Lot Features: Covenants, Interior, Restrictions, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Patio Covered
  • 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
  • Exterior:Patio Covered: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Lot Features:Sidewalk: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Covered
  • General Property Info:Garage2: No
  • Parking Features:Carport3: Yes
  • Parking Features:Covered: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Beach
  • Association #2 Fee: 1460.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Legal, Management, Master Association, Recreational Faclty, Security, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25402-000-0050
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 2, 2024
Sold by
Tranchina Elizabeth A
Bought by
Mystic Mermaid Trust and Walder
Seller's Agent
Michael Savage
Christies International Real Estate Emerald Coast
Buyer's Agent
Michael Savage
Destin Palms Vacations Inc
List Price
$2,399,000
Sold Price
$2,335,000
Premium/Discount to List
-$64,000
-2.67%
Current Estimated Value
$2,293,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,151
Avg. Annual Appreciation
-1.43%

Purchase Details

Listed on
Sep 3, 2020
Closed on
Aug 26, 2020
Sold by
Hobbs Edward Mitchell and Hobbs Lisa Morrow
Bought by
Tranchina Elizabeth A
Seller's Agent
Michael Savage
Christies International Real Estate Emerald Coast
Buyer's Agent
Michael Savage
Destin Palms Vacations Inc
List Price
$1,275,000
Sold Price
$1,275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.92%
Original Mortgage
$510,400
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 30, 2015
Closed on
Mar 6, 2015
Sold by
Spring Christopher N and Holland Martha A
Bought by
Hobbs Edward Mitchell and Hobbs Lisa Morrow
Seller's Agent
Andy Wiggins
The Beach Group Properties LLC
Buyer's Agent
Hilary Farnum
Legendary Realty Inc
List Price
$990,000
Sold Price
$990,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$792,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2007
Sold by
Wilson Larry S and Wilson Debora J
Bought by
Spring Christopher N and Holland Martha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2002
Sold by
St Joe Arvida Home Building Lp
Bought by
Wilson Larry S and Wilson Debora J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.66%
Source: Public Records

Range of Values:

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Average Value
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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
Mystic Mermaid Trust $2,335,000 Aqua Title Services
Tranchina Elizabeth A $1,275,000 Aqua Title Services
Hobbs Edward Mitchell $990,000 None Available
Spring Christopher N $1,200,000 Reli Title Llc
Wilson Larry S $690,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tranchina Elizabeth A $647,200
Previous Owner Tranchina Elizabeth A $510,400
Previous Owner Hobbs Edward Mitchell $300,000
Previous Owner Hobbs Edward Mitchell $792,000
Previous Owner Spring Christopher N $418,000
Previous Owner Spring Christopher N $417,000
Previous Owner Spring Christopher N $650,000
Previous Owner Wilson Larry S $297,800
Previous Owner Wilson Larry S $300,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $2,335,000 -2.7% $1,398 / Sq Ft
04/03/2024 04/03/24 For Sale $2,399,000 +88.2% $1,437 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
09/03/2020 09/03/20 For Sale $1,275,000 0.0% $763 / Sq Ft
09/02/2020 09/02/20 Sold $1,275,000 +28.8% $763 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
03/06/2015 03/06/15 Sold $990,000 0.0% $593 / Sq Ft
02/03/2015 02/03/15 Pending -- -- --
01/30/2015 01/30/15 For Sale $990,000 -- $593 / 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 $13,026 $1,611,249 $800,000 $811,249
2023 $13,026 $1,268,454 $0 $0
2022 $11,824 $1,412,488 $683,817 $728,671
2021 $10,147 $1,048,309 $598,108 $450,201
2020 $9,791 $980,865 $547,193 $433,672
2019 $9,501 $956,742 $531,256 $425,486
2018 $9,278 $930,525 $0 $0
2017 $9,054 $913,472 $500,760 $412,712
2016 $8,995 $898,896 $0 $0
2015 $8,406 $862,197 $0 $0
2014 $7,684 $771,055 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Savage

    Seller's Agent in 2024

    Michael Savage

    Christies International Real Estate Emerald Coast

    (850) 699-9332

    3 in this area

    117 Total Sales

    Michael Savage
    Section Image

  • e

    Buyer's Agent in 2024

    ecn.rets.e23103

    ecn.rets.RETS_OFFICE

  • Andy Wiggins

    Seller's Agent in 2015

    Andy Wiggins

    The Beach Group Properties LLC

    (850) 225-8887

    20 in this area

    73 Total Sales

    Andy Wiggins
    Section Image

  • H

    Buyer's Agent in 2015

    Hilary Farnum

    Legendary Realty Inc

  • H

    Buyer's Agent in 2015

    Hilary Fasth

    Beachy Beach 30A Real Estate

  • e

    Buyer's Agent in 2015

    ecn.rets.brokerage.e1345

    ecn.rets.RETS_OFFICE

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 946298

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25402-000-0050

Florida Walton County Santa Rosa Beach 32459 WaterColor

83 Mystic Cobalt St, Santa Rosa Beach, FL

This home is located at 83 Mystic Cobalt St, Santa Rosa Beach, FL 32459 since 03 April 2024 and is currently estimated at $2,293,849, approximately $1,373 per square foot. This property was built in 2001. 83 Mystic Cobalt St is a home located in Walton County with nearby schools including Dune Lakes Elementary School, Emerald Coast Middle School, and South Walton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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