NOT LISTED FOR SALE

1503 Trout Ln Panama City, FL 32408

Estimated Value: $822,000 - $1,107,000

4 Beds
2.5 Baths
2,663 Sq Ft
$363/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $595,000 $223 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,596/month

1 Day on Market

Highlights

  • Marina
  • Boat Dock
  • Parking available for a boat
  • J.R. Arnold High School Rated A-
  • Home fronts a seawall
  • Golf Course Community

About This Home

As of May 2018

Waterfront living at its best in this renovated Bay Point canal home. This home boasts 80 feet of waterfront including a new seawall, 10,000 pound boat lift, deck and a massive covered back porch. Thoughtful owners have updated and upgraded the home completely since their ownership to include a new hip roof with architectural shingles, a new HVAC and state of the art programmable hot water heater. This home has wonderful flow and has been host for many gatherings, dinners, and celebrations. A renovated kitchen with Bosch, JennAir, and Samsung appliances opens to the breakfast room with fireplace. The living room has wonderful water views with new glass, a fireplace, wet bar area, and a hand painted built in buffet. There is a formal dining room currently being used as an additional den / music room. The master suite has wonderful views and access to the waterfront deck. The master bath has been wonderfully renovated with a tiled shower and separate claw foot tub, a double vanity, and spacious walk in closet. The two guest rooms are down the hall from the master bedroom with "Jack & Jill" bath and private in room sinks & linen closets. The third guest room behind the kitchen makes an excellent private study or occasional guest room. Each guest bedroom has a spacious closet. There are two double closets in the kitchen hallway; pantry space on steroids! The laundry room is also very large with extra space for storage. We have plans in the file for Cox Pools to add a pool to the waterfront area - there is plenty of room! Please make an appointment to see this beautiful renovated waterfront home in Bay Point today! Measurements are approximate; buyer must verify.

Last Agent to Sell the Property

Jennifer Ethridge

Keller Williams Success Realty License #3069931 Listed on: 04/05/2018

Keller Williams Success Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,715

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x125
  • Home fronts a seawall
  • Home fronts a canal
  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Parking available for a boat

Home Design

  • Contemporary Architecture
  • Stucco Exterior Insulation and Finish Systems
  • Dimensional Roof
  • Composition Shingle Roof

Interior Spaces

  • 2,663 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Breakfast Room
  • Dining Room
  • Canal Views
  • Exterior Washer Dryer Hookup

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Bulkhead
  • Boat Lift
  • Boat Slip
  • Docks
  • Covered Deck
  • Open Patio
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Propane
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30933-535-000

Community Details

Overview

  • Association fees include master, security
  • Bay Point Unit 1 Subdivision
  • The community has rules related to covenants

Recreation

  • Boat Dock
  • Marina
  • Golf Course Community
  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,715

Year Built

Built in 1990 | Remodeled

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 80x125
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: BAY POINT UNIT 1
  • Directions: Enter residence gate of Bay Point, 2nd right onto Marlin Circle; left on Wahoo, left on Trout Drive, Right on Trout Lane; 2nd home on left with circular drive.
  • Architectural Style: Contemporary
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1990
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Breakfast Room: Yes
  • Utilities:Gas - Propane: Yes
  • Utilities:Underground: Yes
  • Waterview:Canal2: Yes
  • Waterfront:Shore - Seawall: Yes
  • Waterfront:Canal: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Jennaire Type, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Electric, Wine Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Ceiling Vaulted, Fireplace, Floor Hardwood, Floor Tile, Floor WW Carpet, Pantry, Renovated, Washer/Dryer Hookup, Wet Bar, Window Treatmnt Some, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Woodwork Painted: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Wet Bar: Yes
  • Interior:Fireplace: Yes
  • Appliances:Jennaire Type: Yes

Exterior Features

  • Lot Features: Bulkhead/Seawall, Covenants, Restrictions, Within 1/2 Mile to Water
  • View: Canal
  • Waterfront Features: Canal, Shore - Seawall
  • Waterfront: Yes
  • Construction Type: Roof Dimensional Shg, Siding EIFS
  • Exterior Features: Boat Slip, Boatlift, Deck Covered, Dock, Patio Open, Porch, Sprinkler System
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • Exterior:Deck Covered: Yes
  • Lot Features:BulkheadSeawall: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Sprinkler System: Yes
  • ConstructionSiding:Siding EIFS: Yes
  • Exterior:Boat Slip: Yes
  • Exterior:Boatlift: Yes
  • Exterior:Dock: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage, Boat, Guest
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Boat: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Propane, Phone, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Dock, Gated Community, Golf, Marina, Tennis, Waterfront
  • Association #2 Fee: 1500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Master Association, Security

Schools

  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 30933-535-000
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3715.0
  • Tax Year: 2017

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
May 11, 2018
Sold by
Griffin John O and Griffin Janet L
Bought by
Illuminate David M
Seller's Agent
Jennifer Ethridge
Keller Williams Success Realty
List Price
$595,000
Sold Price
$595,000
Current Estimated Value
$965,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,645
Avg. Annual Appreciation
6.70%
Original Mortgage
$535,000
Outstanding Balance
$461,710
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$503,935

Purchase Details

Closed on
Jul 24, 2009
Sold by
Betty Jackson James Revocable Trust
Bought by
Griffin John O and Griffin Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
5.37%
Mortgage Type
VA

Purchase Details

Closed on
Feb 23, 2009
Sold by
Roberts Eric George
Bought by
Roberts Ii Eric George
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
Illuminate David M $595,000 Attorney
Griffin John O $405,000 Coastal Title Assurance Llc
Roberts Ii Eric George -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Illuminate David M $535,000
Previous Owner Griffin John O $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2019 06/23/19 Off Market $595,000 -- --
05/11/2018 05/11/18 Sold $595,000 0.0% $223 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $595,000 -- $223 / Sq Ft
Source: Emerald Coast 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 $4,708 $435,709 -- --
2023 $4,708 $417,362 $0 $0
2022 $4,228 $405,206 $0 $0
2021 $4,321 $394,804 $0 $0
2020 $4,318 $389,353 $166,320 $223,033
2019 $6,132 $494,466 $158,400 $336,066
2018 $3,774 $341,063 $0 $0
2017 $3,715 $334,048 $0 $0
2016 $3,819 $336,762 $0 $0
2015 $3,933 $336,862 $0 $0
2014 $4,009 $343,061 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 794091

Emerald Coast Association of REALTORS®

APN: 30933-535-000