NOT LISTED FOR SALE

1407 Trout Dr Panama City, FL 32408

Estimated Value: $601,000 - $846,000

3 Beds
2.5 Baths
2,047 Sq Ft
$356/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $560,000 $274 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,474/month

114 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Fishing
  • J.R. Arnold High School Rated A-
  • In Ground Pool
  • Gated Community

About This Home

As of November 2022

Dock your yacht behind this Bay Point canal home. You can be out into the bay or Gulf of Mexico after a short boat ride from this home. Bay Point is a gated community with a championship golf course, new marina, shops, clay tennis courts, restaurants and a Sheraton Resort Hotel.

Last Agent to Sell the Property

Ray Young

Bay Point Real Estate Co License #BK581772 Listed on: 07/08/2022

Last Buyer's Agent

Cynthia Luster

Commercial Property Investment

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,287

Year Built

  • Built in 1984

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 71x126x107x125
  • Waterfront
  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • Carport

Home Design

  • French Architecture
  • Wood Siding

Interior Spaces

  • 2,047 Sq Ft Home
  • Wet Bar
  • Furnished
  • High Ceiling
  • Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Canal Views
  • Pull Down Stairs to Attic

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include management, fishing rights
  • Bay Point Unit 1 Subdivision

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,287

Year Built

Built in 1984

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Detached
  • Lot Size Acres: 0.25
  • Lot Size: 71X126X107X125
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Bay Point Unit 1
  • Architectural Style: French/Provincial
  • Carport Y N: Yes
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: Attic, Wet Bar, Fireplace, High Ceilings, Pull Down Attic Stairs, Entrance Foyer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 2047.0
  • Dining Room Type: Bedroom, Dining Room, Foyer, Kitchen, Living Room, Primary Bedroom
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: In Ground, Community
  • View: Canal
  • View: Yes
  • Waterfront Features: Boat Ramp/Lift Access, Canal Access, Dock Access
  • Waterfront: Yes
  • Construction Type: Concrete, Wood Siding
  • Exterior Features: Sprinkler/Irrigation, Patio

Garage/Parking

  • Parking Features: Carport
  • Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Security Features: Security Service
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1325.0
  • Community Features: Boat Facilities, Fishing, Golf, Gated, Marina, Other, Playground, Pool, Shopping, See Remarks, Short Term Rental Allowed, Tennis Court(s)
  • Amenities: Gated
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Association Management, Fishing Rights

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 10800.0
  • Zoning Description: Other - See Remarks

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 4287.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Nov 14, 2022
Sold by
Palmer Julian C
Bought by
Buitrago Gilberto Jose and Ramirez Zoe Marie
Seller's Agent
Ray Young
Bay Point Real Estate Co
Buyer's Agent
Cynthia Luster
Commercial Property Investment
List Price
$815,000
Sold Price
$560,000
Premium/Discount to List
-$255,000
-31.29%
Current Estimated Value
$727,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,861
Avg. Annual Appreciation
9.29%
Original Mortgage
$400,000
Outstanding Balance
$387,574
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$340,287

Purchase Details

Closed on
Jun 29, 2005
Sold by
Palmer & Webb Systems International Nv
Bought by
Palmer Julian C
Source: Public Records

Range of Values:

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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
Buitrago Gilberto Jose $560,000 Diamond Title
Palmer Julian C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buitrago Gilberto Jose $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2023 01/22/23 Off Market $560,000 -- --
11/17/2022 11/17/22 Sold $560,000 -20.0% $274 / Sq Ft
09/26/2022 09/26/22 Price Changed $699,900 -9.1% $342 / Sq Ft
08/24/2022 08/24/22 Price Changed $770,000 -3.1% $376 / Sq Ft
08/16/2022 08/16/22 Price Changed $795,000 -2.5% $388 / Sq Ft
07/08/2022 07/08/22 For Sale $815,000 -- $398 / 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 $6,422 $551,259 $340,199 $211,060
2023 $6,422 $510,426 $296,867 $213,559
2022 $4,778 $389,566 $0 $0
2021 $4,287 $354,151 $193,731 $160,420
2020 $3,961 $322,271 $196,539 $125,732
2019 $3,793 $304,583 $187,180 $117,403
2018 $3,894 $301,435 $0 $0
2017 $3,493 $274,032 $0 $0
2016 $3,569 $274,892 $0 $0
2015 $3,617 $271,029 $0 $0
2014 $3,689 $276,844 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 729236

Central Panhandle Association of REALTORS®

APN: 30933-561-000