NOT LISTED FOR SALE

Estimated Value: $4,090,536 - $4,670,000

5 Beds
5.5 Baths
4,100 Sq Ft
$1,036/Sq Ft Est. Value

Last Sold March 07, 2017

Last sale price $1,950,000 $476 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $25,680/month

279 Days on Market

Highlights

  • Beach
  • Fishing
  • Recreation Room
  • Bay Elementary School Rated A-
  • Maid or Guest Quarters
  • Vaulted Ceiling

About This Home

As of March 2017

Impeccable WaterColor home PHASE 3 with Frog Pool one block away NEVER BEEN RENTED TWO YEARS OLD SOLD FURNISHED TURNKEY FOR RENTAL INVESTMENT OR GREAT FOR FULL-TIME RESIDENCE. Home has 5 Bedrooms/5.5 baths including the carriage house plus downstairs office that could be 6th bedroom, and 4 extra long bunks in bunkroom. Abundant living space with open concept living and dining, secondary living area upstairs, screened in porch downstairs for year round living and an outdoor entertaining area with a grill, herb/flower garden, Adirondack chairs, and a new fire pit. The detached carriage house features a separate queen bedroom, a queen pullout couch in the living room, and a full kitchen above a 2 car garage with Gladiator flooring. Built by award-winning builder David Weekley Homes, outstanding features and upgrades are found throughout the home including Viking appliances, Timberland Craftsman White Shaker Panel cabinets, sealed marble countertops, beautiful wood floors with a Bona Natural finish, V-groove walls, solar shades, black out blinds. The luxurious master suite offers a spacious master bathroom with jetted soaker tub, large stand-alone shower, expansive closet and opens up to a large private balcony. Enjoy beautiful 30A afternoons from a spacious front porch with swings and outdoor curtains. Located on 499 acres in the renowned South Walton Beaches, the picturesque WaterColor community was created with families in mind and offers the charm of small town life. Exceptional community amenities include several beautiful swimming pools, a gulf front beach club, nature trails, kayaking, canoeing, a fitness center, tennis, Camp WaterColor for kids, and parks and green spaces.

Last Agent to Sell the Property

Hunter Harman

Watersound Real Estate License #3551555 Listed on: 04/04/2016

Watersound Real Estate

Last Buyer's Agent

Gary Bowman

100% Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,132

Year Built

  • Built in 2014

HOA Fees

  • $362 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener

Home Design

  • Florida Architecture
  • Off Grade Structure

Interior Spaces

  • 4,100 Sq Ft Home
  • 2-Story Property
  • Shelving
  • Woodwork
  • Vaulted Ceiling
  • Recessed Lighting
  • Insulated Doors
  • Entrance Foyer
  • Family Room
  • Dining Area
  • Recreation Room
  • Screened Porch
  • Exterior Washer Dryer Hookup

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Built-In Bunk Beds
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Balcony

Schools

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

Utilities

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

Additional Features

  • Energy-Efficient Doors
  • Lot Dimensions are 50x110

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25420-000-0250

Community Details

Overview

  • Association fees include accounting, ground keeping, land recreation, management, security, cable TV, trash
  • Watercolor Subdivision

Amenities

  • Picnic Area
  • Community Pavilion

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,132

Year Built

Built in 2014

Lot Details

0

HOA Fees

$362 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 50X110
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: Take Western Lake Drive to Needlerush and turn left. Scrub Oak will be on your left and home will be on the right.
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Efficiency: Doors
  • Building Stories: 2
  • Year Built: 2014
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Appliances Microwave: Yes
  • Energy:Insulated Doors: Yes
  • Rooms:Foyer: Yes
  • Rooms:Balcony2: Yes
  • Rooms:Dining Area: Yes
  • Rooms:Screened Porch: Yes
  • Rooms:Family Room: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Security System, Smoke Detector, Stove/Oven Gas, Water Heater - Elect
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Floor Hardwood, Floor Tile
  • Interior Amenities: Breakfast Bar, Ceiling Raised, Guest Quarters, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Pantry, Shelving, Washer/Dryer Hookup, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Range Hood: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Appliances:Security System: Yes
  • Interior:Shelving: Yes
  • Interior:Hallway Bunk Beds: Yes
  • Interior:Guest Quarters2: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Foundation Off Grade
  • Exterior Features: Shower
  • Patio And Porch Features: Porch Open, Porch Screened
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch Open: Yes
  • Exterior:Shower: Yes
  • Exterior:Porch Screened: Yes
  • ConstructionSiding:Foundation Off Grade: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Detached
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Phone, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Exercise Room, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1085.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Land Recreation, Management, Security, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25420-000-0250
  • Zoning: Resid Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
Mar 7, 2017
Sold by
Summers Marcus A and Summers Debbie L
Bought by
Salah Sloan D
Seller's Agent
Hunter Harman
Watersound Real Estate
Buyer's Agent
Gary Bowman
100% Realty Inc
List Price
$1,950,000
Sold Price
$1,950,000
Current Estimated Value
$4,246,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,296,884
Avg. Annual Appreciation
9.61%
Original Mortgage
$975,000
Outstanding Balance
$812,826
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$3,434,058

Purchase Details

Listed on
Jul 1, 2013
Closed on
Feb 11, 2014
Sold by
Weekly Homes Llc
Bought by
Summers Marcus A and Summers Debbie L
Seller's Agent
Linda Campbell
Watersound Real Estate
Buyer's Agent
Hunter Harman
Scenic Sotheby's International Realty
List Price
$1,585,000
Sold Price
$1,585,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$75,000
Interest Rate
4.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 12, 2011
Closed on
Mar 14, 2012
Sold by
Price W Mark and Price Laura D
Bought by
Weekley Homes Llc
Seller's Agent
Andy Wiggins
The Beach Group Properties LLC
Buyer's Agent
Linda Campbell
Legendary Realty LLC
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
128.25%

Purchase Details

Closed on
Sep 7, 2004
Sold by
Jerry Miller Llc
Bought by
Price W Mark and Price Laura D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
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
Salah Sloan D $1,950,000 Customers First Title Co
Summers Marcus A $1,585,000 Town Square Title Ltd
Weekley Homes Llc $325,000 Town Square Title Ltd
Price W Mark $650,000 Mcneese Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salah Sloan D $975,000
Previous Owner Summers Marcus A $75,000
Previous Owner Price W Mark $585,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2017 03/07/17 Sold $1,950,000 0.0% $476 / Sq Ft
01/08/2017 01/08/17 Pending -- -- --
04/04/2016 04/04/16 For Sale $1,950,000 +23.0% $476 / Sq Ft
02/11/2014 02/11/14 Sold $1,585,000 0.0% $409 / Sq Ft
11/26/2013 11/26/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $1,585,000 +387.7% $409 / Sq Ft
03/14/2012 03/14/12 Sold $325,000 0.0% $84 / Sq Ft
01/14/2012 01/14/12 Pending -- -- --
09/12/2011 09/12/11 For Sale $325,000 -- $84 / 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 $26,132 $3,620,943 $753,636 $2,867,307
2023 $26,132 $2,194,391 $0 $0
2022 $23,121 $3,051,641 $836,536 $2,215,105
2021 $18,344 $1,978,511 $731,685 $1,246,826
2020 $16,458 $1,648,678 $669,400 $979,278
2019 $15,886 $1,599,597 $649,903 $949,694
2018 $15,509 $1,555,365 $0 $0
2017 $14,002 $1,449,833 $0 $0
2016 $13,839 $1,420,013 $0 $0
2015 $13,959 $1,410,142 $0 $0
2014 $3,888 $425,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 749824

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25420-000-0250