NOT LISTED FOR SALE

Sterling Reef Condominium 12011 Front Beach Rd Unit 906 Panama City Beach, FL 32407

Estimated Value: $469,000 - $517,000

2 Beds
2 Baths
1,076 Sq Ft
$435/mo HOA Fee

Last Sold May 18, 2017

Last sale price $255,000 $237 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,534/month

Highlights

  • Property fronts gulf or ocean
  • Furnished
  • Central Heating and Cooling System
  • J.R. Arnold High School Rated A-
  • Living Room
  • 3-minute walk to County Pier

About This Home

As of May 2017

For Comp purposes only

Last Agent to Sell the Property

Gene C. Ursprung, P.A.

Beach Time Realty, Inc License #3108420 Listed on: 05/15/2017

Last Buyer's Agent

Gene Ursprung P.A.

Sterling Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,357

Year Built

  • Built in 2005

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $435 Monthly HOA Fees

Interior Spaces

  • 1,076 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include pest control
  • High-Rise Condominium
  • Sterling Reef Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,357

Year Built

Built in 2005

Lot Details

0

HOA Fees

$435 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Co List Office Mls Id: BTR1
  • Co List Office Phone: (850) 381-3156
  • Subdivision Name: Sterling Reef
  • Architectural Style: High Rise
  • Unit Levels: One
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1076.0
  • Dining Room Type: Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront Features: Gulf
  • Waterfront: Yes

Utilities

  • Utilities: Cable Connected, Other, Trash Collection
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 435.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Pest Control

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 2357.0
  • Tax Year: 2016

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2017
Closed on
May 18, 2017
Sold by
Patterso Kathy S and Patterso Carl A
Bought by
Novak Charles Edward and Novak Cyd Sheri
Seller's Agent
Gene C. Ursprung, P.A.
Beach Time Realty, Inc
Buyer's Agent
Gene Ursprung P.A.
Sterling Realty LLC
List Price
$255,000
Sold Price
$255,000
Current Estimated Value
$492,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,758
Avg. Annual Appreciation
8.25%
Original Mortgage
$229,500
Outstanding Balance
$191,664
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$301,094

Purchase Details

Closed on
Dec 22, 2009
Sold by
Baldwin Gary and Baldwin Janice R
Bought by
Patterson Kathy S and Patterson Carl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2006
Sold by
Baldwin Janice R
Bought by
Baldwin Gary and Baldwin Janice R

Purchase Details

Closed on
Oct 17, 2005
Sold by
Fink Nan E
Bought by
Baldwin Janice R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 20, 2005
Sold by
Sterling Reef Development Group Llc
Bought by
Fink Nan E and Baldwin Janice R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,910
Interest Rate
2.37%
Mortgage Type
New Conventional
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
Novak Charles Edward $255,000 Attorney
Patterson Kathy S $190,000 None Available
Baldwin Gary $39,000 --
Baldwin Janice R $212,800 Southern Escrow & Title Llc
Fink Nan E $469,900 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novak Charles Edward $229,500
Previous Owner Patterson Kathy S $142,500
Previous Owner Baldwin Janice R $50,000
Previous Owner Baldwin Janice R $412,000
Previous Owner Fink Nan E $422,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $255,000 -- --
05/18/2017 05/18/17 Sold $255,000 0.0% $237 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $255,000 -- $237 / 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 $5,220 $390,316 -- --
2023 $5,220 $354,833 $0 $461,975
2022 $4,161 $322,575 $0 $0
2021 $3,648 $293,250 $0 $293,250
2020 $3,313 $276,250 $0 $276,250
2019 $2,989 $249,050 $0 $249,050
2018 $2,756 $223,550 $0 $0
2017 $2,312 $202,470 $0 $0
2016 $2,357 $201,607 $0 $0
2015 $2,311 $183,279 $0 $0
2014 $2,091 $166,617 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gene C. Ursprung, P.A.

    Seller's Agent in 2017

    Gene C. Ursprung, P.A.

    Beach Time Realty, Inc

    (850) 890-1350

    127 in this area

    162 Total Sales

    Gene C. Ursprung, P.A.
    Section Image

  • J

    Seller Co-Listing Agent in 2017

    Jennifer Ursprung

    Beach Time Realty, Inc

    (850) 890-1349

    53 in this area

    71 Total Sales

    Jennifer Ursprung
    Section Image

  • G

    Buyer's Agent in 2017

    Gene Ursprung P.A.

    Sterling Realty LLC

See All Agents

About Sterling Reef Condominium

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 658973

Central Panhandle Association of REALTORS®

APN: 34809-610-062

Florida Bay County Panama City Beach 32407

12011 Front Beach Rd Unit 906, Panama City Beach, FL

This home is located at 12011 Front Beach Rd Unit 906, Panama City Beach, FL 32407 since 15 May 2017 and is currently estimated at $492,758, approximately $457 per square foot. This property was built in 2005. 12011 Front Beach Rd Unit 906 is a home located in Bay County with nearby schools including J.R. Arnold High School, Surfside Middle School, and Hutchison Beach Elementary School.

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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