NOT LISTED FOR SALE

Estimated Value: $3,005,000 - $3,705,000

4 Beds
4.5 Baths
2,987 Sq Ft
$1,106/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $1,787,500 $598 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $20,056/month

296 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Fishing
  • Dune Lakes Elementary School Rated A-
  • Deeded access to the beach
  • Vaulted Ceiling

About This Home

As of November 2019

This stunning home is a rare find in Watercolor Phase I. Situated on beautiful Crimson Park and just down the street from the beach club! Large open floor plan with kitchen opening up to dining and living areas. The large master suite is on the first floor and all other bedrooms are large with private baths and double vanities! You will absolutely love the gorgeous wide wood plank walls, vaulted ceilings and large transom windows throughout that gives this home a cozy southern beach cottage feel. If you like to entertain outdoors, this home offers plenty of space for that with a lovely screened porch on the first floor, open and screened in porch on the 2nd floor and a great outdoor space with large deck area that has a grill and outdoor shower! On the third story you will find the perfect spot to relax and take in the gorgeous roof top and community views in the tower with gorgeous private deck! If separate living space is what you need, the carriage house offers a bedroom, built in bunk beds, and private bath, over the 1-car carport which could easily be converted to a garage! This home truly has so much to offer and is a must see! Watercolor Owners enjoy the WaterColor Beach Club with deeded beach access, exercise room, multiple community pools, the kids Camp, boat house, restaurants, shopping, walking and biking trails and much more!

Last Agent to Sell the Property

Marianne Grant Blake Cooper

Christies International Real Estate Emerald Coast Listed on: 11/07/2018

Last Buyer's Agent

Jabbour Luxury Group

Scenic Sotheby's International Realty License #3325676

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,235

Year Built

  • Built in 2001

Lot Details

  • Lot Dimensions are 26x94x84x94
  • Property fronts a private road
  • Cleared Lot

HOA Fees

  • $490 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking

Home Design

  • Florida Architecture
  • Off Grade Structure
  • Metal Roof
  • Wood Trim
  • Cement Board or Planked

Interior Spaces

  • 2,987 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Built-in Bookshelves
  • Paneling
  • Vaulted Ceiling
  • Dining Room
  • Screened Porch

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25400-000-0100

Community Details

Overview

  • Association fees include ground keeping, internet service, legal, management, master, recreational faclty, security, services, cable TV, trash
  • Watercolor Subdivision
  • The community has rules related to covenants
  • Handicap Modified Features In Community

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room
  • Elevator

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,235

Year Built

Built in 2001

Lot Details

0

HOA Fees

$495 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 26X94X84X94
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: From Hwy 283 and Hwy 30-A go east on Hwy 30-A. Take first left after going over Western Lake bridge, onto Buttercup Ln. Then take a left on Western Lake Drive and a right on Sunset Ridge Ln. Home will be on your right.
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 3
  • 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
  • Energy:Water Heater - Elect: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Utilities:Gas - Natural: Yes
  • Rooms:Separate Apartment: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Stove/Oven Gas, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Built-In Bookcases, Ceiling Vaulted, Floor Hardwood, Floor Tile, Furnished - All, Walls Paneled
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Walls Paneled: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Guest
  • Parking Features:Garage Attached: Yes
  • Parking Features:Guest: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dock, Elevators, Exercise Room, Fishing, Handicap Provisions, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1470.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25400-000-0100
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13234.77
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2018
Closed on
Nov 1, 2019
Sold by
Logan & Logan Construction Co Inc
Bought by
Sugarman Frederick Skip and Sugarman Marisa Ugalde
Seller's Agent
Marianne Grant Blake Cooper
Christies International Real Estate Emerald Coast
Buyer's Agent
Jabbour Luxury Group
Scenic Sotheby's International Realty
List Price
$1,787,500
Sold Price
$1,787,500
Current Estimated Value
$3,302,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,514,853
Avg. Annual Appreciation
11.06%
Original Mortgage
$1,430,000
Outstanding Balance
$1,263,214
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$2,039,139

Purchase Details

Listed on
Jan 31, 2018
Closed on
Aug 7, 2018
Sold by
86 Sunset Ridge Lane L L C
Bought by
Logan Logan Construction Co
Seller's Agent
Shaina Hershey Sly
Keller Williams Realty SRB
Buyer's Agent
Marianne Grant Blake Cooper
Christies International Real Estate Emerald Coast
List Price
$1,350,000
Sold Price
$1,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.41%
Original Mortgage
$1,600,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 6, 2012
Closed on
Jul 30, 2012
Sold by
Belote Lewis R
Bought by
86 Sunset Ridge Lane L L C
Seller's Agent
Andy Wiggins
The Beach Group Properties LLC
Buyer's Agent
Andy Wiggins
ecn.unknownoffice
List Price
$1,393,500
Sold Price
$1,393,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.53%

Purchase Details

Closed on
Nov 24, 2003
Sold by
Johnelle Hunt Llc
Bought by
Belote Lewis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$926,250
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2002
Sold by
St Joe Arvida Home Building Lp
Bought by
Johnelle Hunt Llc
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
Sugarman Frederick Skip $1,787,500 Attorney
Logan Logan Construction Co $1,350,000 Shoreline Title Llc
86 Sunset Ridge Lane L L C $1,393,500 None Available
Belote Lewis R $1,425,000 Mcneese Title Llc
Johnelle Hunt Llc $1,250,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sugarman Frederick Skip $240,000
Open Sugarman Frederick Skip $1,430,000
Previous Owner Logan Logan Construction Co $1,600,000
Previous Owner 86 Sunset Ridge Lane Llc $800,000
Previous Owner Belote Lewis R $905,000
Previous Owner Belote Lewis R $926,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2020 11/01/20 Off Market $1,350,000 -- --
11/01/2019 11/01/19 Sold $1,787,500 0.0% $598 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
11/07/2018 11/07/18 For Sale $1,787,500 +32.4% $598 / Sq Ft
08/07/2018 08/07/18 Sold $1,350,000 0.0% $443 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $1,350,000 -3.1% $443 / Sq Ft
07/30/2012 07/30/12 Sold $1,393,500 0.0% $457 / Sq Ft
07/12/2012 07/12/12 Pending -- -- --
01/06/2012 01/06/12 For Sale $1,393,500 -- $457 / 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 $20,482 $2,773,848 $840,000 $1,933,848
2023 $20,482 $1,776,041 $0 $0
2022 $16,974 $2,073,091 $718,008 $1,355,083
2021 $14,208 $1,467,803 $628,013 $839,790
2020 $13,821 $1,384,515 $574,553 $809,962
2019 $13,441 $1,353,440 $557,819 $795,621
2018 $13,508 $1,354,692 $0 $0
2017 $13,235 $1,335,321 $550,836 $784,485
2016 $13,203 $1,319,437 $0 $0
2015 $12,916 $1,273,765 $0 $0
2014 $12,020 $1,178,267 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 810488

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25400-000-0100