NOT LISTED FOR SALE

1705 Discovery Loop Panama City, FL 32405

Estimated Value: $447,000 - $495,000

3 Beds
2 Baths
1,772 Sq Ft
$267/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $340,000 $192 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,981/month

Highlights

  • Vaulted Ceiling
  • Community Pool
  • Detached Garage
  • Traditional Architecture
  • Walk-In Pantry
  • Porch

About This Home

As of January 2021

Entered for comp purposes only.

Last Agent to Sell the Property

Carly Sostheim

Corcoran Reverie SRB License #3467605 Listed on: 12/17/2021

Corcoran Reverie SRB

Last Buyer's Agent

Zacarias Sanchez

Think Real Estate License #3357819

Think Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,526

Year Built

  • Built in 2019

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45x115

HOA Fees

  • $98 Monthly HOA Fees

Parking

  • Detached Garage

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Cement Board or Planked

Interior Spaces

  • 1,772 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Recessed Lighting
  • Living Room
  • Dryer

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Porch

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 11731-200-025

Community Details

Overview

  • Association fees include management
  • Sweet Bay Subdivision

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,526

Year Built

Built in 2019

Lot Details

0

HOA Fees

$98 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: 45x115
  • Road Frontage Type: City Street
  • Subdivision Name: SWEET BAY
  • Directions: From 23rd Street going west, turn east onto Hwy 390. Turn left onto Airport Road. Turn right onto Discovery Loop.
  • Architectural Style: Traditional
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2019
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Rooms:Living Room: Yes
  • Energy:Heat High Efficiency: Yes
  • Appliances Microwave: Yes
  • Energy:AC - High Efficiency: Yes
  • Energy:Water Heater - Tnkls: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Gas
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Bar, Ceiling Raised, Floor Laminate, Floor WW Carpet, Kitchen Island, Lighting Recessed, Pantry
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Floor Laminate: Yes

Exterior Features

  • Pool Features: Pool Type
  • Construction Type: Roof Composite Shngl, Siding CmntFbrHrdBrd
  • Exterior Features: Porch
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage, Garage Detached
  • General Property Info:Garage2: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Playground, Pool
  • Association #2 Fee: 294.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Management

Schools

  • Elementary School: Northside
  • High School: Bay
  • Middle Or Junior School: Jinks

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: 11731-200-025
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3526.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2021
Closed on
Jan 4, 2021
Sold by
Sostheim Joshua A and Sostheim Molly
Bought by
Bell Caroline Helen
Seller's Agent
Carly Sostheim
Corcoran Reverie SRB
Buyer's Agent
Zacarias Sanchez
Think Real Estate
List Price
$340,000
Sold Price
$340,000
Current Estimated Value
$473,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,586
Avg. Annual Appreciation
7.15%
Original Mortgage
$272,000
Outstanding Balance
$242,718
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$230,868

Purchase Details

Closed on
Apr 29, 2019
Sold by
Academy Park Homes Llc
Bought by
Sostheim Joshua A and Thompson Molly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,879
Interest Rate
4%
Mortgage Type
New Conventional
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
Bell Caroline Helen $340,000 Attorney
Sostheim Joshua A $306,189 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Caroline Helen $272,000
Closed Bell Caroline Helen $15,000
Previous Owner Sostheim Joshua A $290,879
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 For Sale $340,000 0.0% $192 / Sq Ft
01/04/2021 01/04/21 Sold $340,000 -- $192 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
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 $4,544 $304,054 -- --
2023 $4,544 $295,198 $0 $0
2022 $4,254 $286,600 $51,700 $234,900
2021 $3,841 $256,817 $0 $0
2020 $3,526 $253,271 $62,500 $190,771
2019 $808 $50,000 $50,000 $0
2018 $634 $41,883 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carly Sostheim

    Seller's Agent in 2021

    Carly Sostheim

    Corcoran Reverie SRB

    (850) 814-4560

    361 Total Sales

    Carly Sostheim
    Section Image
  • Zacarias Sanchez

    Buyer's Agent in 2021

    Zacarias Sanchez

    Think Real Estate

    (850) 890-6262

    169 Total Sales

    Zacarias Sanchez
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 887560

Emerald Coast Association of REALTORS®

APN: 11731-200-025

Florida Bay County Panama City 32405

1705 Discovery Loop, Panama City, FL

This home is located at 1705 Discovery Loop, Panama City, FL 32405 since 17 December 2021 and is currently estimated at $473,586, approximately $267 per square foot. This property was built in 2019. 1705 Discovery Loop is a home located in Bay County with nearby schools including Northside Elementary School, Jinks Middle School, and Bay High 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.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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