NOT LISTED FOR SALE

Estimated Value: $3,391,000 - $4,121,000

5 Beds
7 Baths
3,287 Sq Ft
$1,132/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $1,650,000 $502 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $22,144/month

206 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Beach House
  • Dune Lakes Elementary School Rated A-
  • Fishing
  • Wood Flooring

About This Home

As of June 2016

Nestled on a corner home site and just three blocks from the beach, this fantastic WaterColor cottage makes the perfect 30A retreat with 5 bedrooms,5 and 2 half baths including a full carriage house. Enjoy plenty of space to be outdoors with large open porches, screened porches and a nice private sitting area between the house and carriage. Inside are bright and welcoming details such as tall French doors and ample windows. The gourmet kitchen includes stainless steel appliances, granite countertops and a large breakfast bar. There is an additional large bedroom on the first floor with a private door to the patio. All bedrooms feature private bathrooms and personal doors to either a porch or balcony. The beautiful master suite includes a fantastic master bathroom with a garden tub large enough for two adults, a separate double-headed shower and a private porch. There is a separate sitting area on the second floor for the kids to have their own escape after a day on the beach. The charming carriage house includes a bedroom area, a dining area and a full kitchen all located atop a large 2 car garage. Additional highlights include new exterior paint (2015), three new HVAC units (2015) and additional washer/dryer hook-ups downstairs and in the garage. This home will be perfect for any family to enjoy or investor as this house has a proven rental history. Just a couple blocks away from the Watercolor Boathouse or the boutique Watercolor shops and restaurants, you cannot beat this location! Located on 499 acres in the renowned South Walton Beaches, WaterColor 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, parks and green spaces.

Last Agent to Sell the Property

Sterling Rainer

Berkshire Hathaway HomeServices License #3037894 Listed on: 10/09/2015

Berkshire Hathaway HomeServices

Last Buyer's Agent

Matthew Mcguire

Scenic Sotheby's International Realty License #3109654

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,403

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 50x115

HOA Fees

  • $362 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Beach House
  • Cement Board or Planked

Interior Spaces

  • 3,287 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Woodwork
  • Window Treatments
  • Living Room
  • Dining Area
  • Screened Porch
  • Exterior Washer Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Balcony
  • Open Patio

Schools

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

Utilities

  • Cooling System Powered By Gas
  • Multiple cooling system units
  • Central Heating and Cooling System
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25402-000-0070

Community Details

Overview

  • Association fees include accounting, recreational faclty, security, cable TV, trash
  • Watercolor Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion
  • Sauna
  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,403

Year Built

Built in 2003

Lot Details

0

HOA Fees

$362 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 50x115
  • Subdivision Name: WATERCOLOR
  • Directions: From 30A west of Seaside, turn north on Mystic Cobalt. House will be 1.5 blocks north on the left.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2003
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Underground: Yes
  • Energy:AC - Central Gas: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Smooth Stovetop Rnge
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Interior Amenities: Floor Hardwood, Furnished - All, Owner's Closet, Pantry, Washer/Dryer Hookup, Wet Bar, Window Treatment All, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Furnished - All: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Wet Bar: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Siding CmntFbrHrdBrd
  • Exterior Features: Balcony, Patio Covered, Patio Open, Porch Screened
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Patio Covered: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Exterior:Porch Screened: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Detached
  • Parking Features:Garage Detached: Yes

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Accounting, Recreational Faclty, Security, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25402-000-0070
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2015
Closed on
Jun 15, 2016
Sold by
Dreher George
Bought by
Haydel Troup Llc
Seller's Agent
Sterling Rainer
Berkshire Hathaway HomeServices
Buyer's Agent
Matthew Mcguire
Scenic Sotheby's International Realty
List Price
$1,650,000
Sold Price
$1,650,000
Current Estimated Value
$3,722,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,072,248
Avg. Annual Appreciation
9.09%

Purchase Details

Closed on
Jan 15, 2016
Sold by
Dreher George and Dreher Elizabeth
Bought by
Dreher George

Purchase Details

Closed on
Jan 1, 2016
Bought by
Haydel Group Llc

Purchase Details

Closed on
Apr 19, 2002
Sold by
Jewkes Gary D
Bought by
Dreher George and Dreher Elizabeth

Purchase Details

Closed on
Aug 24, 2001
Sold by
St Joe Arvida Home Building Lp
Bought by
Jewkes Gary D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
7.08%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 30, 2001
Sold by
Image Properties Llc
Bought by
St Joe Arvida Home Building Lp

Purchase Details

Closed on
Jun 7, 2000
Sold by
St Joe Arvida Home Building Lp
Bought by
Image Properties 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
Haydel Troup Llc $1,650,000 Attorney
Dreher George -- None Available
Haydel Group Llc $100 --
Dreher George $285,000 Sunbelt Title Agency
Jewkes Gary D $220,000 Sunbelt Title Agency
St Joe Arvida Home Building Lp $220,000 Sunbelt Title Agency
Image Properties Llc $220,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dreher George R $417,000
Previous Owner Dreher George $575,000
Previous Owner Jewkes Gary D $209,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2019 06/23/19 Off Market $1,650,000 -- --
06/15/2016 06/15/16 Sold $1,650,000 0.0% $502 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
10/09/2015 10/09/15 For Sale $1,650,000 -- $502 / 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 $23,403 $3,025,800 $800,000 $2,225,800
2023 $23,403 $2,179,482 $0 $0
2022 $21,316 $2,654,954 $683,817 $1,971,137
2021 $17,435 $1,801,225 $598,108 $1,203,117
2020 $17,012 $1,704,164 $547,193 $1,156,971
2019 $16,418 $1,653,166 $531,256 $1,121,910
2018 $15,922 $1,596,804 $0 $0
2017 $14,377 $1,450,566 $500,760 $949,806
2016 $14,314 $1,430,411 $0 $0
2015 $13,895 $1,366,928 $0 $0
2014 -- $1,286,227 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 739828

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25402-000-0070