NOT LISTED FOR SALE

1 Blue Crab Ln Panama City Beach, FL 32413

Estimated Value: $566,000 - $717,000

3 Beds
3 Baths
2,113 Sq Ft
$300/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $532,000 $252 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,745/month

176 Days on Market

Highlights

  • Boat Dock
  • Fishing
  • Contemporary Architecture
  • J.R. Arnold High School Rated A-
  • Lake View
  • Main Floor Primary Bedroom

About This Home

As of September 2023

UNDER CONTRACT W/ CONTINGENCIES; SELLER ACCEPTING BACKUP OFFERS.
Spectacular, Newly remodeled home located on over a quarter acre in one of the most prestigious, gated neighborhoods in Panama City Beach - Palmetto Bluff. Palmetto Bluff is located on a rare coastal dune lake, Lake Powell. Lake Powell outfalls right into the Gulf of Mexico and provides ample fishing, boating, paddle boarding, and activities for watersports enthusiasts. The custom finishes of this home are amazing - brand new LVP flooring throughout, shiplap bordering fireplace, new paint, custom backsplash in kitchen with new cabinets and new appliances, new tile and bathroom fixtures, quartz countertops, new vanities, new toilets, two brand new HVAC units, all new fixtures throughout the home, and new lime washed exterior Guest bedroom on left just off the living room.
Two bedrooms upstairs with double sink vanities.
All bedrooms have a private bathroom.
Kitchenette area upstairs at top of the stairs
The master suite consist of a walk-in closet and master bath with double vanity. From the second floor you access the large covered veranda which offers views of Lake Powell.

Last Agent to Sell the Property

Mike Herring

Keller Williams Realty SRB License #3256219 Listed on: 07/17/2023

Keller Williams Realty SRB

Co-Listed By

Non Member Agent (NABOR)

Non Member Office (NABOR)

Last Buyer's Agent

Andrea Lee

Beachy Beach Real Estate License #3439585

Beachy Beach Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,342

Year Built

  • Built in 1995

Lot Details

  • Lot Dimensions are 90x125
  • Partially Fenced Property
  • Lawn Pump

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Composition Shingle Roof

Interior Spaces

  • 2,113 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Fireplace
  • Family Room
  • Dining Room
  • Laminate Flooring
  • Lake Views
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Balcony
  • Porch

Schools

  • West Bay Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 35281-060-000

Community Details

Overview

  • Association fees include master
  • Palmetto Bluff Subdivision
  • The community has rules related to covenants

Recreation

  • Boat Dock
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,342

Year Built

Built in 1995

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 90x125
  • Co List Office Mls Id: nonmemberoffice
  • Subdivision Name: Palmetto Bluff
  • Directions: Traveling west on Hwy 98 (Back Beach Road). After Wild Heron, turn right on Gainous Road follow to Lakeview Drive, right on Lakeview drive. Palmetto Bluff is on the left. Home is the first house through the gate on left.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1995
  • Utilities Electric: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Utilities:Septic Tank: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Rooms:Laundry2: Yes
  • Waterview:Lake2: Yes
  • Rooms:Family Room: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Crwn Molding, Fireplace, Floor Laminate, Furnished - None
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Fireplace: Yes
  • Interior:Floor Laminate: Yes

Exterior Features

  • Lot Features: Covenants, Within 1/2 Mile to Water
  • View: Lake
  • Construction Type: Brick, Roof Composite Shngl
  • Exterior Features: Balcony, Fenced Lot-Part, Lawn Pump, Porch
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Exterior:Balcony: Yes
  • Exterior:Lawn Pump: Yes
  • ConstructionSiding:Brick: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes

Garage/Parking

  • Attached Garage: Yes
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Rooms:Garage5: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Water, Septic Tank

Condo/Co-op/Association

  • Community Features: Dock, Fishing, Pets Allowed
  • Association #2 Fee: 1600.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Master Association

Schools

  • Elementary School: West Bay
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Parcel #: 35281-060-000
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Sep 13, 2023
Sold by
Beely Llc
Bought by
Lee Andrea S and Lee Adam B
Seller's Agent
Mike Herring
Keller Williams Realty SRB
Buyer's Agent
Andrea Lee
Beachy Beach Real Estate
List Price
$590,000
Sold Price
$532,000
Premium/Discount to List
-$58,000
-9.83%
Views
154
Current Estimated Value
$633,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,531
Avg. Annual Appreciation
8.38%
Original Mortgage
$235,000
Outstanding Balance
$229,960
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$403,571

Purchase Details

Closed on
Dec 9, 2016
Sold by
Persinger Chad E
Bought by
The Jkkk Partnership Lllp

Purchase Details

Closed on
Jan 27, 2011
Sold by
Teague Kenneth George and Teague Cynthia G
Bought by
Persinger Chad E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,202
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2002
Sold by
Deseribeiro Lenor and Ribeiro Maria
Bought by
George Kenneth and Teague Cynthia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.31%
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
Lee Andrea S $532,000 South Oak Title
Lee Andrea S $532,000 South Oak Title
The Jkkk Partnership Lllp $220,000 Omega Title Llc
Persinger Chad E $171,000 Stewart Title Company
George Kenneth $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Andrea S $235,000
Closed Lee Andrea S $235,000
Previous Owner Persinger Chad E $177,202
Previous Owner George Kenneth $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2023 09/13/23 Sold $532,000 0.0% $252 / Sq Ft
09/13/2023 09/13/23 Sold $532,000 -8.1% $252 / Sq Ft View Prior Sale
08/29/2023 08/29/23 Pending -- -- --
08/11/2023 08/11/23 Price Changed $579,000 0.0% $274 / Sq Ft
08/11/2023 08/11/23 Price Changed $579,000 -1.9% $274 / Sq Ft
07/17/2023 07/17/23 For Sale $590,000 0.0% $279 / Sq Ft
07/17/2023 07/17/23 For Sale $590,000 0.0% $279 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/05/2023 06/05/23 Pending -- -- --
05/17/2023 05/17/23 Price Changed $590,000 0.0% $279 / Sq Ft
05/17/2023 05/17/23 Price Changed $590,000 -7.1% $279 / Sq Ft
04/23/2023 04/23/23 Price Changed $635,000 0.0% $301 / Sq Ft
04/23/2023 04/23/23 Price Changed $635,000 -3.6% $301 / Sq Ft
03/06/2023 03/06/23 For Sale $659,000 0.0% $312 / Sq Ft
03/06/2023 03/06/23 For Sale $659,000 -- $312 / 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 $3,342 $356,158 -- --
2023 $3,342 $264,131 $63,809 $200,322
2022 $2,892 $246,552 $59,169 $187,383
2021 $2,795 $228,933 $0 $0
2020 $2,572 $208,121 $45,475 $162,646
2019 $2,580 $206,121 $41,650 $164,471
2018 $2,643 $207,947 $0 $0
2017 $2,551 $199,233 $0 $0
2016 $2,636 $202,254 $0 $0
2015 $2,728 $203,706 $0 $0
2014 $2,749 $205,558 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 918338

Emerald Coast Association of REALTORS®

APN: 35281-060-000