NOT LISTED FOR SALE

117 Cottage Way Unit 15 Panama City Beach, FL 32413

Estimated Value: $1,589,000 - $3,707,814

3 Beds
2 Baths
1,080 Sq Ft
$2,020/Sq Ft Est. Value

Last Sold April 27, 2021

Last sale price $640,000 $593 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $12,686/month

2 Days on Market

Highlights

  • Florida Architecture
  • Wood Flooring
  • Crown Molding
  • J.R. Arnold High School Rated A-
  • Community Pool
  • 5-minute walk to Carillon's Bell Tower

About This Home

As of April 2021

Beautiful Key-West style beach cottage has been a great vacation rental in a quiet neighborhood, just steps from the beach. Yes, this beautifully furnished three-bedroom, two-bath cottage is located in the wonderful Cottages of Camp Creek, a quaint community in South Walton County. You'll get a warm, tropical feeling in the master bedroom as you lay comfortably in the king size bed. You can even watch your favorite Smart TV show.
The second bedroom features a queen bed with a new pillow top mattress with a large shutter-style dresser, pane mirror, and picket fence headboard. There is a flat screen Smart TV in this room as well.
The third bedroom features 2 twin beds with foam toppers. Rented every week until July 31st. Showings on Saturdays. Rental income numbers in agent remarks

Last Agent to Sell the Property

Chris Pelly

Counts Real Estate Group Inc License #3289454 Listed on: 04/02/2021

Counts Real Estate Group Inc

Last Buyer's Agent

Lisa Brown

The Premier Property Group Seacrest Office License #3379966

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,454

Year Built

  • Built in 2003

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 50x25

HOA Fees

  • $192 Monthly HOA Fees

Home Design

  • Florida Architecture

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Dining Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Bay Elementary And Middle School
  • South Walton High School

Utilities

  • Central Air
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 27-3S-18-16700-000-0150

Community Details

Overview

  • Association fees include accounting, ground keeping, recreational faclty
  • Cottages At Camp Creek Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Pool
  • Community Whirlpool Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,454

Year Built

Built in 2003

Lot Details

0

HOA Fees

$192 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Lot Size: 50X25
  • Subdivision Name: COTTAGES AT CAMP CREEK
  • Directions: Take Highway 30-A to Seacrest just to west of Rosemary Beach. Cottage Way is on north side of highway.
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2003
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Floor Hardwood, Owner's Closet
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Ceiling Crwn Molding: Yes

Exterior Features

  • Pool Features: Pool Type
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Picnic Area, Pool, Whirlpool
  • Association #2 Fee: 575.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Recreational Faclty

Schools

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

Lot Info

  • Lot Size Sq Ft: 1306.8
  • Parcel #: 27-3S-18-16700-000-0150
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3454.36
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2018
Sold by
Red Goose Investments Llc
Bought by
Tangarine Drean Llc
Current Estimated Value
$2,181,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,000
Outstanding Balance
$446,111
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,735,843

Purchase Details

Closed on
Jun 7, 2010
Sold by
Velez Frank O
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Dec 17, 2007
Sold by
Carpe Diem Properties Llc
Bought by
Xiao Xiang

Purchase Details

Closed on
Aug 1, 2003
Sold by
Wwb Investments Llc
Bought by
Carpe Diem Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
5.52%
Mortgage Type
Unknown
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
Tangarine Drean Llc $770,000 Attorney
The Bank Of New York Mellon -- Attorney
Xiao Xiang $137,500 Attorney
Carpe Diem Properties Llc $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tangarine Drean Llc $539,000
Previous Owner Carpe Diem Properties Llc $121,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2021 04/27/21 Sold $640,000 0.0% $593 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $640,000 -- $593 / 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 $12,880 $860,566 -- --
2023 $12,880 $782,333 $149,850 $1,190,345
2022 $8,303 $711,212 $0 $0
2021 $7,794 $646,556 $117,300 $529,256
2020 $9,072 $768,661 $121,808 $646,853
2019 $8,072 $651,940 $117,344 $534,596
2018 $7,886 $626,790 $0 $0
2017 $1,607 $127,487 $0 $0
2016 $1,391 $108,375 $0 $0
2015 $1,374 $104,125 $0 $0
2014 $1,424 $108,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Pelly

    Seller's Agent in 2021

    Chris Pelly

    Counts Real Estate Group Inc

    (954) 818-9561

    22 in this area

    117 Total Sales

    Chris Pelly
    Section Image
  • Lisa Brown

    Buyer's Agent in 2021

    Lisa Brown

    The Premier Property Group Seacrest Office

    (615) 478-4146

    1 in this area

    18 Total Sales

    Lisa Brown
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 868314

Emerald Coast Association of REALTORS®

APN: 36459-394-856

Florida Bay County Panama City Beach 32413

117 Cottage Way Unit 15, Panama City Beach, FL

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