98 S Founders Ln Inlet Beach, FL 32413
Watersound Neighborhood
5
Beds
5.5
Baths
3,596
Sq Ft
5,140
Sq Ft Lot
Highlights
- Beach
- Deeded access to the beach
- Gulf View
- Bay Elementary School Rated A-
- Heated Pool
- Gated Community
About This Home
As of May 2022Once in a great while, an ideal location and fabulous space combine to create a truly exceptional property. Positioned one home away from the Gulf in Watersound Beach along a picturesque boardwalk, this home has been meticulously redesigned from top to bottom including the addition of a private pool, new furnishings, and updated finishes throughout. Offering main floor living, the open kitchen, dining and living area are light and bright with shiplap walls, quartz counters, wet bar, and a fabulous fireplace. The main floor has a large owner's suite with its own porch, and resort style bath with large shower, polished nickel faucets, and beautiful freestanding tub. On the 2nd level is a second owner's suite with private balcony for enjoying coffee while overlooking the boardwalk below. This owner's suite also has built-in twin platform beds, making it an ideal family suite for a larger family. In addition, the 2nd level hosts bedrooms 3 and 4, each with king beds and ensuite baths. From the 2nd level, you may access the stylish carriage house, which provides the home's 5th bedroom. The carriage house offers a private living space with a king bed, built-in bunk beds, along with a desk area and beautifully decorated bath. With exceptional gulf views, the tower is a spectacular place to watch sunset in the comfort of air conditioned seating or outside enjoying the breeze. The tower's wet bar makes it simple to serve guests while taking in the enviable gulf views. The recent renovation includes newly refinished heart of pine flooring , custom tile, designer furnishings and fabulous lighting. A brand new heated private pool completes the resort-living style of the home including an outdoor television and grilling area. WaterSound Beach is a premier 30A beach community with gated access situated on 256 acres of natural sand dunes with over a mile of white sandy beach, dunes, community parks, pools and boardwalks.
Last Agent to Sell the Property
Scenic Sotheby's International Realty License #3411365 Listed on: 04/14/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,918
Year Built
- Built in 2007
Lot Details
- Lot Dimensions are 19x47x73x50x106
- Property fronts a private road
- Cul-De-Sac
- Street terminates at a dead end
- Back Yard Fenced
- Corner Lot
- Interior Lot
- Level Lot
- Sprinkler System
HOA Fees
- $430 Monthly HOA Fees
Parking
- 2 Car Detached Garage
- Automatic Garage Door Opener
Home Design
- Beach House
- Newly Painted Property
- Frame Construction
- Dimensional Roof
- Composition Shingle Roof
- Wood Trim
- Piling Construction
Interior Spaces
- 3,596 Sq Ft Home
- 3-Story Property
- Furnished
- Shelving
- Beamed Ceilings
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- Window Treatments
- Dining Room
- Wood Flooring
- Gulf Views
Kitchen
- Gas Oven or Range
- Self-Cleaning Oven
- Stove
- Cooktop with Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Shower Only in Primary Bathroom
Laundry
- Dryer
- Washer
Home Security
- Fire and Smoke Detector
- Fire Sprinkler System
Pool
- Heated Pool
- Outdoor Shower
Outdoor Features
- Deeded access to the beach
- Balcony
- Built-In Barbecue
- Porch
Schools
- Bay Elementary School
- Seaside Middle School
- South Walton High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Underground Utilities
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 20-3S-18-16010-000-0470
Community Details
Overview
- Association fees include accounting, ground keeping, land recreation, management, recreational faclty, security, trash
- Watersound Beach Subdivision
- The community has rules related to covenants
Amenities
- Community Barbecue Grill
- Picnic Area
- Recreation Room
Recreation
- Beach
- Tennis Courts
- Community Pool
Security
- Gated Community
- Building Fire Alarm
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2022
Closed on
May 23, 2022
Sold by
Landry Michael P and Landry Judith A
Bought by
Forest Hill Founders Llc
Seller's Agent
Marsha Burke
Scenic Sotheby's International Realty
Buyer's Agent
The Geppert Beek Group
Scenic Sotheby's International Realty
List Price
$5,100,000
Sold Price
$5,100,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,297
Avg. Annual Appreciation
0.08%
Purchase Details
Listed on
Jul 3, 2019
Closed on
Sep 30, 2020
Sold by
Faulkner Dustin M and Faulkner Stacey F
Bought by
Landry Michael P and Landry Judith A
Seller's Agent
- Ecn.rets.e6296
ecn.rets.RETS_OFFICE
Buyer's Agent
Kim Ryals
Berkshire Hathaway HomeServices
List Price
$2,610,000
Sold Price
$2,610,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.45%
Original Mortgage
$2,088,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 20, 2015
Sold by
Raptor Petroleum Llc
Bought by
Faulkner Dustin M and Faulkner Stacey F
Purchase Details
Listed on
Aug 21, 2012
Closed on
Feb 28, 2013
Sold by
Sims Kathleen J and Sims Joe C
Bought by
Raptor Petroleum Llc
Seller's Agent
Janice Phillips
30-A Realty Inc
Buyer's Agent
- Ecn.rets.e6296
ecn.rets.RETS_OFFICE
List Price
$1,775,000
Sold Price
$1,775,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%
Purchase Details
Closed on
Dec 30, 2011
Sold by
Devaney James A and Kepano Anthony
Bought by
Sims Kathleen J and Sims Joe C
Purchase Details
Closed on
Aug 7, 2003
Sold by
Mosley Ralph and Mosley Juli
Bought by
Devaney James A and Kepano Anthony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,500
Interest Rate
5.42%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 27, 2002
Sold by
St Joe Arvida Home Building Lp
Bought by
Mosley Ralph and Mosley Juli
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $5,100,000 | Porath & Associates Pa | |
| Warranty Deed | $2,610,000 | Shoreline Title Llc | |
| Warranty Deed | $1,914,100 | None Available | |
| Warranty Deed | $1,775,000 | None Available | |
| Warranty Deed | $1,425,000 | Neighborhood Title Group | |
| Warranty Deed | $675,000 | Sunbelt Title Agency | |
| Special Warranty Deed | $525,000 | Sunbelt Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,088,000 | New Conventional | |
| Previous Owner | $1,250,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $607,500 | Unknown | |
| Previous Owner | $518,884 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2022 05/23/22 | Sold | $5,100,000 | 0.0% | $1,418 / Sq Ft |
| 04/18/2022 04/18/22 | Pending | -- | -- | -- |
| 04/14/2022 04/14/22 | For Sale | $5,100,000 | +95.4% | $1,418 / Sq Ft |
| 09/30/2020 09/30/20 | Sold | $2,610,000 | 0.0% | $726 / Sq Ft |
| 09/03/2020 09/03/20 | Pending | -- | -- | -- |
| 07/03/2019 07/03/19 | For Sale | $2,610,000 | +47.0% | $726 / Sq Ft |
| 02/28/2013 02/28/13 | Sold | $1,775,000 | 0.0% | $467 / Sq Ft |
| 02/07/2013 02/07/13 | Pending | -- | -- | -- |
| 08/21/2012 08/21/12 | For Sale | $1,775,000 | -- | $467 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $34,918 | $3,794,555 | $1,537,194 | $2,257,361 |
| 2023 | $34,918 | $3,842,857 | $1,537,194 | $2,305,663 |
| 2022 | $27,709 | $3,357,182 | $1,706,286 | $1,650,896 |
| 2021 | $23,338 | $2,411,011 | $1,492,421 | $918,590 |
| 2020 | $22,188 | $2,222,755 | $1,241,253 | $981,502 |
| 2019 | $22,480 | $2,263,592 | $1,205,100 | $1,058,492 |
| 2018 | $21,807 | $2,211,454 | $0 | $0 |
| 2017 | $19,478 | $1,965,230 | $940,594 | $1,024,636 |
| 2016 | $18,751 | $1,873,850 | $0 | $0 |
| 2015 | $17,922 | $1,783,531 | $0 | $0 |
| 2014 | -- | $1,582,219 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Marsha Burke
M
Seller's Agent in 2022
Marsha Burke
Scenic Sotheby's International Realty
(770) 722-8656
6 in this area
33 Total Sales
-
The Geppert Beek Group
T
Buyer's Agent in 2022
The Geppert Beek Group
Scenic Sotheby's International Realty
(850) 543-1457
29 in this area
92 Total Sales
-
-
Seller's Agent in 2020
- Ecn.rets.e6296
ecn.rets.RETS_OFFICE
-
Kim Ryals
Buyer's Agent in 2020
Kim Ryals
Berkshire Hathaway HomeServices
(205) 222-6189
1 in this area
52 Total Sales
-
J
Seller's Agent in 2013
Janice Phillips
30-A Realty Inc
-
J
Seller Co-Listing Agent in 2013
James Phillips
30-A Realty Inc
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 895698
APN: 20-3S-18-16010-000-0470
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