98 S Founders Ln Inlet Beach, FL 32413
Watersound Neighborhood
5
Beds
4.5
Baths
3,800
Sq Ft
5,140
Sq Ft Lot
Highlights
- Beach
- Deeded access to the beach
- Gated Community
- Bay Elementary School Rated A-
- Gulf View
- Beach House
About This Home
As of May 2022This Watersound home creates an oasis of beach living at its best, a tranquil escape from the hustle and bustle of everyday life. Undoubtedly one of the best gulf views available in Watersound, tucked one lot back from the majestic dunes and emerald waters, you have beautiful panoramic views from the tower room, complete with wet bar exposing the mile plus beach frontage,curving boardwalks and massive dunes. Watersound Beach is a rare place that combines the spirit of community with the seclusion of a gated beachfront community. Deer Lake State Park 1995 acres on the western border and Camp Creek on the eastern border sets off this unique community. This spacious Beach Home was desigened by Dungen Nequette architects and captures the essense of Nantucket living with a definite southern interpretation. The open first floor kitchen, living and dining area provides room for everyone with a well-appointed coquina shell fireplace and warm heart of pine floors and natural wood beams. The gourmet kitchen features Wolfe appliances, granite countertops and an island for extra seating. This home has 4 large bedrooms and baths in the main house, one with a wet bar that can also be used for an extra gathering area. The downstairs master bedroom has ample space, a porch and beautiful bathroom finished in slate and bronze and includes a shower and inviting soaking tub. There is also a second floor master with sitting area, a private balcony overlooking the meadering boardwalk, dunes and coastal waters. The Carriage House is situated over the garage and has its own private entrance off the 2nd floor deck, providing all the amenities you would expect in a guest suite with full bathroom, refrigerator, cooktop and dishwasher. Nestled among the rare and rolling sea dunes in Watersound's highly coveted Dune Ridge area, Dunesider Grill and pool are just steps away serving lunch pool side in the summer season. This home creates intimate spaces that afford every member of the family privacy and space. Amenities include 3 shared pools,outdoor fireplace, a 18 hole family putting park,state of the art workout facilities and for the tennis lovers, there are two Har-Tru Hydrocoated tennis court and tennis lessons available.
Last Agent to Sell the Property
Janice Phillips
30-A Realty Inc License #687630 Listed on: 08/21/2012
Co-Listed By
James Phillips
30-A Realty Inc
Last Buyer's Agent
- Ecn.rets.e6296
ecn.rets.RETS_OFFICE
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,918
Year Built
- Built in 2006
Lot Details
- Lot Dimensions are 19x47x73x50x106
- Property fronts a private road
- Cul-De-Sac
- Back Yard Fenced
- Interior Lot
- Level Lot
- Sprinkler System
HOA Fees
- $367 Monthly HOA Fees
Parking
- 2 Car Detached Garage
- Automatic Garage Door Opener
Home Design
- Beach House
- Dwelling with Rental
- Frame Construction
- Dimensional Roof
- Composition Shingle Roof
- Fiberglass Roof
- Wood Trim
- Piling Construction
Interior Spaces
- 3,800 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Fireplace
- Double Pane Windows
- Dining Room
- Gulf Views
Kitchen
- Gas Oven or Range
- Self-Cleaning Oven
- Stove
- Cooktop with Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Dual Vanity Sinks in Primary Bathroom
- Shower Only in Primary Bathroom
Laundry
- Dryer
- Washer
Home Security
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Outdoor Shower
- Deeded access to the beach
- Balcony
- Built-In Barbecue
- Porch
Schools
- Bay Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Multiple cooling system units
- Central Air
- Air Source Heat Pump
- Underground Utilities
- Multiple Water Heaters
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: 582517
APN: 20-3S-18-16010-000-0470
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