NOT LISTED FOR SALE

1401 Discovery Loop N Panama City, FL 32405

Estimated Value: $492,000 - $578,000

3 Beds
2 Baths
1,764 Sq Ft
$311/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $535,000 $303 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,553/month

2 Days on Market

Highlights

  • Beach
  • In Ground Pool
  • Corner Lot
  • Deeded access to the beach
  • Craftsman Architecture
  • Community Basketball Court

About This Home

As of February 2023

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACK UP OFFERS. Come and relax in your own backyard oasis! Beautiful lanai overlooking saltwater pool with outdoor eating area and tropical landscaping. Orchid floor plan, 3 bedroom/2 bath home with laminate flooring throughout, shiplap in master bath and walk in shower, pots/pans drawers in kitchen, tankless water heater, Bahama shutters and parking pad by garage. SweetBay is a walkable community with amazing amenities: miles of walking trails, bay access for kayaking, paddle boarding and fishing, beach, parks, sports court and two pools. Please verify all measurements if important.

Last Agent to Sell the Property

Kelly Moody

SweetBay Realty Listed on: 10/07/2022

Co-Listed By

Mark Moody

SweetBay Realty License #BK3315175

Last Buyer's Agent

OLIVIA MILLS

The Elite Group Real Estate LLC License #SL3523615

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,537

Year Built

  • Built in 2020

Lot Details

  • 5,968 Sq Ft Lot
  • Lot Dimensions are 48x125
  • Fenced
  • Landscaped
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Craftsman Architecture
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 1,764 Sq Ft Home
  • Living Room
  • Dining Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Deeded access to the beach
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Northside Elementary School
  • Jinks Middle School
  • Bay High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Tankless Water Heater
  • High Speed Internet

Community Details

Overview

  • Association fees include playground, pool(s)
  • Burg Management Co. Association
  • Sweetbay Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Beach
  • Community Basketball Court
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,537

Year Built

Built in 2020

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Property Sub Type: Detached
  • Lot Size Acres: 0.14
  • Lot Size: 48x125
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: SWBR
  • Co List Office Phone: (850) 424-6462
  • Subdivision Name: Sweetbay
  • Architectural Style: Craftsman
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Tankless Water Heater
  • Interior Amenities: Kitchen Island
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1764.0
  • Dining Room Type: Dining Room, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: In Ground, Salt Water, Community, Pool
  • Fencing: Fenced
  • Waterfront: No
  • Construction Type: HardiPlank Type
  • Exterior Features: Sprinkler/Irrigation, Pool, Rain Gutters
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Garage: Yes
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected, Natural Gas Connected, High Speed Internet Available, Sewer Connected, Water Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 300.0
  • Community Features: Barbecue, Basketball Court, Beach, Playground, Pool
  • Amenities: Beach Rights
  • Association Fee Frequency: Quarterly
  • Association Name: Burg Management Co.
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Playground, Pool(s)

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Corner Lot, Landscaped
  • Lot Size Sq Ft: 5968.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 4537.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Northside
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Feb 9, 2023
Sold by
Mccubbin Gary and Mccubbin Barbara
Bought by
Cox Thomas Dwight
Seller's Agent
Kelly Moody
SweetBay Realty
Buyer's Agent
OLIVIA MILLS
The Elite Group Real Estate LLC
List Price
$535,000
Sold Price
$535,000
Views
1
Current Estimated Value
$547,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,862
Avg. Annual Appreciation
0.93%
Original Mortgage
$454,580
Outstanding Balance
$440,796
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$107,066

Purchase Details

Closed on
Nov 12, 2020
Sold by
Nwfl Land Holdings Llc
Bought by
Mccubbin Gary and Mccubbin Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,354
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Apr 29, 2020
Sold by
Academy Ark Homes Llc
Bought by
Nwfl Land Holdings Llc
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
Cox Thomas Dwight $535,000 South Oak Title
Mccubbin Gary $346,700 Reliant Ttl & Closing Svcs L
Mccubbin Gary $346,700 New Title Company Name
Nwfl Land Holdings Llc $1,200,000 Shoreline Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Thomas Dwight $454,580
Previous Owner Mccubbin Gary $316,354
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2023 02/09/23 Sold $535,000 0.0% $303 / Sq Ft
01/22/2023 01/22/23 Off Market $535,000 -- --
01/09/2023 01/09/23 For Sale $535,000 0.0% $303 / Sq Ft
11/30/2022 11/30/22 Price Changed $535,000 -0.9% $303 / Sq Ft
11/22/2022 11/22/22 For Sale $540,000 0.0% $306 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $540,000 -- $306 / 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 $5,891 $409,258 -- --
2023 $5,891 $329,797 $56,265 $279,683
2022 $5,084 $299,815 $51,700 $248,115
2021 $4,537 $281,481 $51,000 $230,481
2020 $217 $13,892 $13,892 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 733133

Central Panhandle Association of REALTORS®

APN: 11731-260-100