NOT LISTED FOR SALE

106 Palm Bay Blvd Panama City, FL 32408

Estimated Value: $507,197 - $624,000

3 Beds
2 Baths
2,239 Sq Ft
$257/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $259,000 $116 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,430/month

53 Days on Market

Highlights

  • In Ground Pool
  • High Ceiling
  • Breakfast Room
  • J.R. Arnold High School Rated A-
  • Covered Patio or Porch
  • Fireplace

About This Home

As of August 2012

Located in the very desirable Palm Bay Subdivision is this beautiful and updated home with a pool. The sellers bought this in 2009 and wasted no time replacing and repairing, making this home truly move-in ready. A new roof was the first order of business and extra insulation was added to the attic. The sellers also replaced the AC and the water heater and added new appliances in the kitchen. Speaking of the kitchen, it got a much needed face lift with granite counter tops, custom tiled back splash, and all new cabinetry. The same cabinetry was added in the living area; floor to ceiling built-ins with a fireplace and a bar area. Both baths were renovated as well and the Master Bath is like a mini-spa. The pool area can be accessed through the living room, master bedroom and the

Last Agent to Sell the Property

Scott Ingraham

Scott Ingraham Real Estate License #0644654 Listed on: 06/04/2012

Last Buyer's Agent

Scott Ingraham

RE/MAX Real Estate Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,244

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • Lot Dimensions are 80x140
  • Fenced
  • Sprinkler System

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,239 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Living Room
  • Breakfast Room
  • Dining Room
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater

Community Details

  • Association fees include management, legal/accounting
  • Palm Bay Unit 3 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,244

Year Built

Built in 1991 | Remodeled

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Property Sub Type: Detached
  • Lot Size: 80X140
  • Road Surface Type: Paved
  • Subdivision Name: Palm Bay Unit 3
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Self Cleaning Oven, Washer
  • Interior Amenities: Breakfast Bar, Bookcases, Fireplace, High Ceilings, Other, Remodeled, Recessed Lighting, Split Bedrooms, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 2239.0
  • Dining Room Type: Breakfast Room/Nook, Bedroom, Dining Room, Kitchen, Laundry, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: In Ground
  • Fencing: Fenced
  • Construction Type: Frame, Stucco
  • Exterior Features: Sprinkler/Irrigation
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Updated/Remodeled
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Garage: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Available, Water Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Association Management, Legal/Accounting

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 3244.0
  • Tax Year: 2011

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2018
Sold by
Moreion Margaret A
Bought by
Dockery Angela
Current Estimated Value
$575,549

Purchase Details

Listed on
Jun 4, 2012
Closed on
Aug 31, 2012
Sold by
Keane James and Keane Trina S
Bought by
Morejon Margaret A
Seller's Agent
Scott Ingraham
Scott Ingraham Real Estate
Buyer's Agent
Scott Ingraham
RE/MAX Real Estate Center
List Price
$259,000
Sold Price
$259,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$207,200
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2009
Sold by
Hsbc Mortgage Corp Usa
Bought by
Keane James and Keane Trina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,127
Interest Rate
5.26%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 2009
Sold by
Petrosyan Robert
Bought by
Hsbc Mortgage Corp Usa

Purchase Details

Closed on
Mar 15, 2007
Sold by
Arshakyan Vahe and Pochinkin Taras
Bought by
Petrosyan Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,350
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2007
Sold by
Arshakyan Vahe
Bought by
Arshakyan Vahe and Pochinkin Taras

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,350
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2005
Sold by
Morris Penny L
Bought by
Arshakyan Vahe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,600
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2002
Sold by
Hodges Dorothy N
Bought by
Morris Penny L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,900
Interest Rate
7.5%
Mortgage Type
Seller Take Back
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
Dockery Angela $330,000 Mti Title Ins Agency Inc
Morejon Margaret A $259,000 Cornerstone Title Agency Inc
Keane James $215,000 Diamond Title Agency Inc
Hsbc Mortgage Corp Usa -- None Available
Petrosyan Robert $557,800 Archer Land Title Llc
Arshakyan Vahe -- None Available
Arshakyan Vahe $399,500 Diamond Title Agency Inc
Morris Penny L $239,900 Isler & Associates Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morejon Margaret A $207,200
Previous Owner Keane James $244,127
Previous Owner Petrosyan Robert $418,350
Previous Owner Arshakyan Vahe $319,600
Previous Owner Morris Penny L $209,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2022 06/20/22 Off Market $259,000 -- --
08/31/2012 08/31/12 Sold $259,000 0.0% $116 / Sq Ft
07/27/2012 07/27/12 Pending -- -- --
06/04/2012 06/04/12 For Sale $259,000 -- $116 / Sq Ft
Source: Central Panhandle 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 $4,620 $382,311 -- --
2023 $4,620 $390,330 $63,072 $327,258
2022 $3,694 $315,959 $59,781 $256,178
2021 $3,632 $297,272 $0 $0
2020 $3,328 $270,247 $50,403 $219,844
2019 $3,227 $258,655 $48,169 $210,486
2018 $3,211 $253,340 $0 $0
2017 $2,248 $212,599 $0 $0
2016 $2,304 $213,768 $0 $0
2015 $2,404 $216,014 $0 $0
2014 $2,430 $218,261 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 506997

Central Panhandle Association of REALTORS®

APN: 30188-995-483