$675,000
SOLD JUL 3, 2023

119 Tierra Verde Trail Panama City Beach, FL 32407

3 Beds
2.5 Baths
2,362 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$286 Per Sq Ft

7% Below List Price

1 Day on Market

Highlights

  • Screened Pool
  • Gated Community
  • Newly Painted Property
  • J.R. Arnold High School Rated A-
  • Contemporary Architecture
  • High Ceiling

About This Home

As of July 2023

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS'. Watch breathtaking sunrises and sunsets from your beautiful, screened- in, heated pool and hot tub. Nestled in the middle of everything Panama City Beach has to offer, is this one-of-a-kind 3bedroom (& office), 2.5 bath home in the exclusive gated neighborhood of Tierra Verde. Sitting less than 1 mile from the beautiful blue waters, .7 miles from the highly anticipated Duplin Winery and 5.4 miles to the premier destination known as Pier Park this home is all about LOCATION, LOCATION, LOCATION! Pier park offers shops, dining, free open air-concerts & festivals throughout the year! Enjoy ALL the area attractions and come home to 20' tray ceilings with LED lighting, triple crown molding, new roof & lanai in 2019, freshly painted in 2020, pool deck resurface in 2022 and a completely remodeled SPA LIKE BATHROOM, just to name a few of upgrades totaling over 100k!! Don't miss your chance to view this meticulously kept home in a one of a kind gated community!!

Last Agent to Sell the Property

Cherissa Cabahug

1 Percent Lists Florida Coast License #SL3503257 Listed on: 05/27/2023

Last Buyer's Agent

Cherissa Cabahug

1 Percent Lists Florida Coast License #SL3503257 Listed on: 05/27/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,744

Year Built

  • Built in 2004

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 46x155x70x158
  • Property fronts a private road
  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Newly Painted Property
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,362 Sq Ft Home
  • Bar Fridge
  • High Ceiling
  • Recessed Lighting
  • Plantation Shutters
  • Sitting Room
  • Home Office
  • Home Security System
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Screened Pool
  • Solar Heated In Ground Pool

Schools

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

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

Overview

  • Tierra Verde Phase I Subdivision

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,744

Year Built

Built in 2004

Lot Details

0

HOA Fees

$125 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Detached
  • Lot Size Acres: 0.1
  • Lot Size: 46x155x70x158
  • Road Frontage Type: Private Road
  • Subdivision Name: Tierra Verde Phase I
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Bar Fridge, Electric Cooktop
  • Interior Amenities: High Ceilings, New Paint, Recessed Lighting, Shutters
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2362.0
  • Dining Room Type: Primary Bedroom, Office, Sitting Room
  • Window Features: Plantation Shutters
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: In Ground, Screen Enclosure, Solar Heat
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Sprinkler/Irrigation
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Security Features: Gated Community, Security System, Security Service
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1500.0
  • Community Features: Gated
  • Amenities: Gated
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 3744.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2023
Closed on
Jul 3, 2023
Sold by
Cougil Marguerite and Cougil Robert
Bought by
Masingale Donald L and Masingale Cynthia E
Seller's Agent
Cherissa Cabahug
1 Percent Lists Florida Coast
Buyer's Agent
Cherissa Cabahug
1 Percent Lists Florida Coast
List Price
$724,900
Sold Price
$675,000
Premium/Discount to List
-$49,900
-6.88%
Views
196
Current Estimated Value
$666,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,425
Avg. Annual Appreciation
-1.17%
Original Mortgage
$555,000
Outstanding Balance
$544,017
Interest Rate
6.57%
Mortgage Type
Construction
Estimated Equity
$114,560

Purchase Details

Listed on
Nov 20, 2019
Closed on
Nov 1, 2019
Sold by
Wickham Ralph and Wickham Janet
Bought by
Cougill Robert and Cougill Margarite
Seller's Agent
Jennifer Ursprung
Beach Time Realty Inc
Buyer's Agent
Kimberly Beckman
Better Homes and Gardens Real Estate Emerald Coast
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.31%
Original Mortgage
$120,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2008
Sold by
Struebing Scott R
Bought by
Wickham Ralph and Wickham Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,275
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2004
Sold by
Town & Country Residences Inc
Bought by
Struebing Scott R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $675,000 South Oak Title
Warranty Deed $385,000 Attorney
Warranty Deed $380,000 Attorney
Corporate Deed $350,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $555,000 Construction
Previous Owner $120,000 New Conventional
Previous Owner $326,541 FHA
Previous Owner $346,275 FHA
Previous Owner $325,000 Purchase Money Mortgage
Previous Owner $220,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2023 07/03/23 Sold $675,000 -6.9% $286 / Sq Ft
05/27/2023 05/27/23 For Sale $724,900 -4.6% $307 / Sq Ft
05/25/2023 05/25/23 Sold $759,900 0.0% $172 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/06/2023 04/06/23 Price Changed $759,900 -3.7% $172 / Sq Ft
04/01/2023 04/01/23 Price Changed $788,725 +1.8% $178 / Sq Ft
03/23/2023 03/23/23 Price Changed $774,900 -1.2% $175 / Sq Ft
02/22/2023 02/22/23 Price Changed $784,175 +2.0% $177 / Sq Ft
02/02/2023 02/02/23 For Sale $768,725 0.0% $174 / Sq Ft
02/02/2023 02/02/23 Price Changed $768,725 -2.0% $174 / Sq Ft
01/20/2023 01/20/23 Off Market $784,175 -- --
01/17/2023 01/17/23 Price Changed $784,175 -0.6% $177 / Sq Ft
01/16/2023 01/16/23 Price Changed $788,725 +3.8% $178 / Sq Ft
01/06/2023 01/06/23 Price Changed $759,900 -3.7% $172 / Sq Ft
12/30/2022 12/30/22 Price Changed $788,725 -0.1% $178 / Sq Ft
12/19/2022 12/19/22 Price Changed $789,850 +0.1% $178 / Sq Ft
12/13/2022 12/13/22 Price Changed $789,350 -1.3% $178 / Sq Ft
12/08/2022 12/08/22 Price Changed $799,850 +0.6% $181 / Sq Ft
11/22/2022 11/22/22 Price Changed $794,900 -3.0% $180 / Sq Ft
10/08/2022 10/08/22 Price Changed $819,900 -1.2% $185 / Sq Ft
09/16/2022 09/16/22 Price Changed $829,900 -9.3% $188 / Sq Ft
08/16/2022 08/16/22 For Sale $914,850 +137.6% $207 / Sq Ft
06/20/2022 06/20/22 Off Market $385,000 -- --
11/20/2019 11/20/19 For Sale $385,000 0.0% $163 / Sq Ft
11/18/2019 11/18/19 Sold $385,000 0.0% $163 / Sq Ft
11/18/2019 11/18/19 Sold $385,000 -3.6% $163 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
10/18/2019 10/18/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $399,500 -- $169 / 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 $4,176 $483,232 -- --
2023 $4,176 $365,114 $0 $0
2022 $3,744 $354,480 $0 $0
2021 $3,723 $344,155 $60,503 $283,652
2020 $3,813 $323,323 $63,474 $259,849
2019 $2,217 $205,208 $71,352 $133,856
2018 $3,026 $274,531 $0 $0
2017 $2,749 $268,884 $0 $0
2016 $2,688 $263,354 $0 $0
2015 $2,754 $261,523 $0 $0
2014 $2,822 $267,603 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 742041

Central Panhandle Association of REALTORS®

APN: 34887-500-010