$439,000
SOLD JUN 21, 2022

129 Malaga Place Panama City Beach, FL 32413

4 Beds
2 Baths
1,770 Sq Ft
6,500 Sq Ft Lot

Recently Sold

$248 Per Sq Ft

12% Below List Price

18 Days on Market

Highlights

  • Florida Architecture
  • Sun or Florida Room
  • Covered patio or porch
  • J.R. Arnold High School Rated A-
  • No HOA
  • Living Room

About This Home

As of June 2022

FIXER-UPPER in the 1st block of the RESERVED BEACH AREA of LAGUNA BEACH! What a fun project!! This property has not one but two homes. Great for a mother in law suite l Fix these jewels up and use as Short Term rentals, live in one and rent the other or rent them both. Each home has its own electric pole & Septic tank. These cottages sit on a large 50x130 lot on the first block in the golf cart friendly community of Laguna Beach. Laguna Beach has a beachy lifestyle, it is known for its RESERVED BEACH area, the locals' grocery store, gift shop, & donut shop which are directly across the street from the beach. The location is brilliant! Only minutes from Pier Park, Carillon Beach, & the 30A corridor. Come and show off your HTGV skills and enjoy the beach while doing so

Last Agent to Sell the Property

Kelli Sullivan

Beachy Beach Real Estate License #BK0670682 Listed on: 05/15/2022

Beachy Beach Real Estate

Co-Listed By

Renata Murphree

Beachy Beach Real Estate License #3249733

Last Buyer's Agent

Denise Quintana

Acquire Real Estate Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,796

Year Built

  • Built in 1950

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 50 x 130
  • Zoning described as Resid Multi-Family,Resid Single Family

Parking

  • Driveway

Home Design

  • Florida Architecture
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,770 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Sun or Florida Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

  • West Bay Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Laguna Beach 4Th Add Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,796

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Detached
  • Lot Size Acres: 0.15
  • Lot Size: 50 x 130
  • Road Surface Type: Paved
  • Co List Office Mls Id: BBBI
  • Co List Office Phone: (850) 233-4351
  • Subdivision Name: Laguna Beach 4th Add
  • Architectural Style: Florida
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1770.0
  • Dining Room Type: Bedroom, Florida Room, Kitchen, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No
  • Construction Type: Frame, Stucco, Wood Frame
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Parking Features: Driveway
  • Garage: No

Utilities

  • Utilities: Septic Available, Trash Collection, Water Connected
  • Cooling: Ceiling Fan(s)
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 6500.0
  • Zoning Description: Resid Multi-Family,Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1796.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: West Bay
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2022
Closed on
Jun 21, 2022
Sold by
Tiernan Cynthia M
Bought by
Henn John and Henn Robin
Seller's Agent
Kelli Sullivan
Beachy Beach Real Estate
Buyer's Agent
Denise Quintana
Acquire Real Estate Inc
List Price
$499,000
Sold Price
$439,000
Premium/Discount to List
-$60,000
-12.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.48%
Original Mortgage
$590,000
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Closed on
May 29, 2007
Sold by
Gilman Carole Lee and Gilman Carole Lea
Bought by
Tierman Cynthia M and Tiernan Cynthia M

Purchase Details

Closed on
May 27, 2003
Sold by
Holmes Euchl Marshall
Bought by
Gilman Carole Lee and Teirnan Cynthia M
Source: Public Records

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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 $439,000 Mti Title
Quit Claim Deed -- None Available
Warranty Deed $130,000 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $590,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $975,000 -1.5% $396 / Sq Ft
05/24/2025 05/24/25 Price Changed $990,000 -9.2% $402 / Sq Ft
03/21/2025 03/21/25 For Sale $1,090,000 +148.3% $442 / Sq Ft
09/19/2022 09/19/22 Off Market $439,000 -- --
06/21/2022 06/21/22 Sold $439,000 -8.4% $248 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/22/2022 05/22/22 Price Changed $479,000 -4.0% $271 / Sq Ft
05/15/2022 05/15/22 For Sale $499,000 -- $282 / 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 $5,536 $444,602 $263,222 $181,380
2023 $5,536 $436,371 $253,000 $183,371
2022 $2,068 $153,940 $0 $0
2021 $1,796 $139,945 $0 $0
2020 $1,588 $127,223 $91,000 $36,223
2019 $1,567 $120,671 $84,448 $36,223
2018 $1,510 $114,252 $0 $0
2017 $1,457 $109,252 $0 $0
2016 $1,458 $107,377 $0 $0
2015 $1,471 $105,407 $0 $0
2014 $1,498 $107,577 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 726627

Central Panhandle Association of REALTORS®

APN: 37909-000-000