NOT LISTED FOR SALE

113 Royal Palm Blvd Panama City, FL 32408

Estimated Value: $499,564 - $593,000

3 Beds
2 Baths
2,038 Sq Ft
$271/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $515,000 $253 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,106/month

206 Days on Market

Highlights

  • In Ground Pool
  • Mediterranean Architecture
  • Covered Patio or Porch
  • J.R. Arnold High School Rated A-
  • Great Room
  • Fireplace

About This Home

As of June 2023

UNDER CONTRACT WITH CONTINGENCIES; SELLER ACCEPTING BACKUP OFFERS.

Absolutely stunning and magnificent home located in prestigious Palm Bay with a recently resurfaced pool with custom hardscapes valued at over $115,000. This home is open and inviting with a split bedroom plan. Boasting three bedrooms and two bathrooms and 2,781 total square feet (under roof), this home exudes prestige and luxe living with the finest features including custom tile in the foyer, newly updated kitchen with quartz countertops, new stainless steel Samsung appliances, new custom cabinets with soft close drawers and doors, beautiful backsplash, and perfectly positioned breakfast bar. The living room of this home is spacious with a dining room area and a formal living room area that could be converted to office space.
The master bathroom is an absolute show stopper with double vanities, garden tub, and frameless shower. The master bedroom seamlessly opens to an outdoor oasis with entertainment area, tiki hut, and extra 12 x 24 concrete pad for a "he or she shed."
There is a newer HVAC system with filtration. The exterior of this home is beautifully manicured and perfect for entertaining.
Palm Bay is positioned perfectly off North Lagoon where you are just minutes from public beach access, St. Andrews, Shell Island, and the Gulf of Mexico. Come make the most of Florida living in this incredible opportunity to live in the Palm Bay community!

Last Agent to Sell the Property

Mike Herring

Keller Williams Realty SRB License #3256219 Listed on: 03/26/2023

Keller Williams Realty SRB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,602

Year Built

  • Built in 1997 | Remodeled

Lot Details

  • Lot Dimensions are 80x130
  • Back Yard Fenced

Parking

  • Attached Garage

Home Design

  • Mediterranean Architecture
  • Stucco

Interior Spaces

  • 2,038 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Great Room
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Palm Bay Unit 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30188-995-697

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,602

Year Built

Built in 1997 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 80x130
  • Road Surface Type: Paved
  • Subdivision Name: PALM BAY UNIT 5
  • Directions: Travel on North Lagoon Drive to Palm Bay, Palm Bay Boulevard to Palm Grove Boulevard, turn left on Grand Bay Boulevard, and turn right on Royal Palm Boulevard. 113 Royal Palm Boulevard is on the left.
  • Architectural Style: Mediterranean
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1997
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Great Room: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Disposal, Microwave, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Fireplace, Renovated
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Stucco
  • Exterior Features: BBQ Pit/Grill, Fenced Back Yard, Patio Covered, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Breakfast Point
  • High School: Arnold
  • Middle Or Junior School: Breakfast Point

Lot Info

  • Parcel #: 30188-995-697
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2023
Closed on
Jun 9, 2023
Sold by
Thomas Lee E and Thomas Cynthia A
Bought by
Rago Joel and Bell Loida
Seller's Agent
Mike Herring
Keller Williams Realty SRB
List Price
$569,000
Sold Price
$515,000
Premium/Discount to List
-$54,000
-9.49%
Views
225
Current Estimated Value
$551,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,891
Avg. Annual Appreciation
2.94%
Original Mortgage
$283,250
Outstanding Balance
$275,731
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$276,160

Purchase Details

Closed on
Oct 27, 2004
Sold by
Hood Jerry L and Hood Kimberly A
Bought by
Thomas Lee E and Thomas Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2004
Sold by
Ledman Wilbur T
Bought by
Hood Jerry L and Hood Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2004
Sold by
Lyczkowski Anthony J and Lyczkowski Kathleen
Bought by
Ledman Wilbur T

Purchase Details

Closed on
Dec 4, 2002
Sold by
Ledman Wilbur T
Bought by
Lyczkowski Anthony J and Lyczkowski Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
10.62%

Purchase Details

Closed on
Sep 12, 2000
Sold by
Coram Michael W
Bought by
Ledman Wilbur T and Ledman Melanie A
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
Rago Joel $515,000 Mti Title
Thomas Lee E $330,000 Diamond Title Agency Inc
Hood Jerry L $275,000 Diamond Title Agency Inc
Ledman Wilbur T $267,300 Diamond Title Agency Inc
Lyczkowski Anthony J $185,500 Diamond Title Agency Inc
Ledman Wilbur T $178,300 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rago Joel $283,250
Previous Owner Thomas Lee E $264,000
Previous Owner Lyczkowski Anthony J $192,000
Closed Thomas Lee E $49,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2023 06/09/23 Sold $515,000 -6.2% $253 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/24/2023 04/24/23 Price Changed $549,000 -3.5% $269 / Sq Ft
03/26/2023 03/26/23 For Sale $569,000 0.0% $279 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
03/20/2023 03/20/23 Price Changed $569,000 -5.0% $279 / Sq Ft
11/28/2022 11/28/22 Price Changed $599,000 -1.6% $294 / Sq Ft
11/14/2022 11/14/22 Price Changed $609,000 -1.6% $299 / Sq Ft
10/17/2022 10/17/22 Price Changed $619,000 -1.6% $304 / Sq Ft
10/08/2022 10/08/22 For Sale $628,900 -- $309 / 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 $2,602 $433,707 $67,012 $366,695
2023 $2,602 $243,963 $0 $0
2022 $2,339 $236,857 $0 $0
2021 $2,344 $229,958 $0 $0
2020 $2,340 $226,783 $0 $0
2019 $2,174 $211,104 $48,169 $162,935
2018 $2,331 $220,766 $0 $0
2017 $2,302 $216,919 $0 $0
2016 $2,363 $218,383 $0 $0
2015 $2,465 $220,625 $0 $0
2014 $2,495 $223,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 909724

Emerald Coast Association of REALTORS®

APN: 30188-995-697