NOT LISTED FOR SALE

117 Royal Palm Blvd Panama City, FL 32408

Estimated Value: $546,000 - $600,000

0.24 Acre
$2,369,679 Price per Acre
10,454 Sq Ft Lot

Last Sold September 12, 2013

Last sale price $55,000

Est. 934% increase in value since last sale

Current estimated payment $3,251/month

326 Days on Market

Highlights

  • No HOA
  • Cul-De-Sac
  • Interior Lot
  • J.R. Arnold High School Rated A-

About This Lot

As of September 2013

Large cleared lot in the desireable Palm Bay subdivision off North Lagoon Drive in Panama City Beach. Lot is located at the end of a cul-de-sac, level and is ready to build! Close to schools, shopping, the beaches, yet with a quiet feel of Home.

Last Agent to Sell the Property

David Clement

Sun Sand & Sea Beach Realty LLC License #3248158 Listed on: 10/15/2012

Last Buyer's Agent

Marina Grigoryan

Coldwell Banker Realty License #3231400

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,288

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 130 x 85 x 111 x 89
  • Cul-De-Sac
  • Street terminates at a dead end
  • Interior Lot
  • Level Lot
  • Cleared Lot

Schools

  • Hutchison Beach Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Palm Bay Unit 6 Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$3,288

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 130 X 85 X 111 X 89
  • Road Surface Type: Paved
  • Subdivision Name: Palm Bay Unit 6
  • ResoPropertyType: Land
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Cleared, Cul-De-Sac, Dead End, Interior Lot, Level
  • Zoning Description: Resid Single Family

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2017
Sold by
Siriteanu Olesa and Mosesyants Arsen
Bought by
Siriteanu Olesea
Current Estimated Value
$568,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,500
Outstanding Balance
$198,776
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$369,947

Purchase Details

Closed on
Jun 1, 2017
Bought by
Siriteanu Olesea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,500
Outstanding Balance
$198,776
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$369,947

Purchase Details

Listed on
Oct 15, 2012
Closed on
Sep 12, 2013
Sold by
Kitchens Sandra H and Kitchens Donald R
Bought by
Siriteanu Olesea and Mosesyants Arsen
Seller's Agent
David Clement
Sun Sand & Sea Beach Realty LLC
Buyer's Agent
Marina Grigoryan
Coldwell Banker Realty
List Price
$65,000
Sold Price
$55,000
Premium/Discount to List
-$10,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.24%

Purchase Details

Closed on
Dec 10, 2003
Sold by
Gaillard Kyle B and Gaillard Carla C
Bought by
Kitchens Donald R and Kitchens Sandra H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2002
Sold by
Bridges Macon and Bridges Frances M
Bought by
Gaillard Kyle B and Gaillard Carla C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,200
Interest Rate
6.9%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Siriteanu Olesea -- None Available
Siriteanu Olesea $100 --
Siriteanu Olesea $55,000 Advantage Land & Title Llc
Kitchens Donald R $50,000 Diamond Title Agency Inc
Gaillard Kyle B $28,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siriteanu Olesea $239,500
Previous Owner Kitchens Donald R $37,500
Previous Owner Gaillard Kyle B $25,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2022 06/20/22 Off Market $55,000 -- --
09/12/2013 09/12/13 Sold $55,000 -15.4% --
09/06/2013 09/06/13 Pending -- -- --
10/15/2012 10/15/12 For Sale $65,000 -- --
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 $3,288 $307,800 -- --
2023 $3,288 $298,835 $0 $0
2022 $2,955 $290,131 $0 $0
2021 $2,965 $281,681 $0 $0
2020 $2,960 $277,792 $0 $0
2019 $2,918 $271,546 $48,169 $223,377
2018 $2,906 $266,702 $0 $0
2017 $3,342 $261,971 $0 $0
2016 $3,389 $260,893 $0 $0
2015 $542 $41,040 $0 $0
2014 $541 $41,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Clement

    Seller's Agent in 2013

    David Clement

    Sun Sand & Sea Beach Realty LLC

    (850) 258-5390

    16 Total Sales

    David Clement
    Section Image
  • Marina Grigoryan

    Buyer's Agent in 2013

    Marina Grigoryan

    Coldwell Banker Realty

    (850) 200-0834

    23 in this area

    134 Total Sales

    Marina Grigoryan
    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 603164

Central Panhandle Association of REALTORS®

APN: 30188-995-699

Florida Bay County Panama City 32408

117 Royal Palm Blvd, Panama City, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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