NOT LISTED FOR SALE

221 Pelican Way Panama City, FL 32408

Upper Grand Lagoon Neighborhood

Estimated Value: $292,097 - $323,000

2 Beds
2 Baths
1,175 Sq Ft
$264/Sq Ft Est. Value

Last Sold August 18, 2013

Last sale price $134,000 $114 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,763/month

38 Days on Market

Highlights

  • Vaulted Ceiling
  • Skylights
  • Living Room
  • Patronis Elementary School Rated A-
  • Fireplace
  • Outdoor Storage

About This Home

As of August 2013

Bank Owned. Home is being sold as-is with right to inspect. This is a two bedroom two bath home that needs lots of TLC. Open floor plan with stone fireplace, vaulted ceilings and skylights in the living room area. Large fenced in back yard with yard building. .*** This property is eligible under the Freddie Mac First Look Initiative through 03/09/2013. During the first 15 days a home is listed for sale in the MLS, only offers from owner-occupants (primary residence), second home buyers and public entities or their designated partners will be considered. Offers from investor purchasers will not be considered until after the initial 15 days of the listing. *** Seller is offering a credit up to $500 for owner occupant offers (primary or secondary home) . The buyer must identify and

Last Agent to Sell the Property

Kerry Jackson

Florida Realty Experts Inc License #0695578 Listed on: 07/11/2013

Last Buyer's Agent

Scott Ingraham

Scott Ingraham Real Estate License #0644654

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $448

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 85x100
  • Fenced

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,175 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Fireplace
  • Living Room

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Outdoor Storage
  • Central Air

Community Details

  • North Lagoon Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$448

Year Built

Built in 1984

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Detached
  • Lot Size: 85X100
  • Road Frontage Type: City Street
  • Subdivision Name: North Lagoon Heights
  • Architectural Style: Ranch
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range
  • Interior Amenities: Fireplace, High Ceilings, Skylights, Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Living Area: 1175.0
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Fenced
  • Exterior Features: Storage
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Garage
  • Garage: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Resid Single Family

Tax Info

  • Tax Annual Amount: 448.5
  • Tax Year: 2012

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2013
Closed on
Sep 18, 2013
Sold by
Convergent Group Llc
Bought by
Murdock Martin Bradley and Murdock Cynthia Marie
Seller's Agent
Kerry Jackson
Florida Realty Experts Inc
Buyer's Agent
Scott Ingraham
Scott Ingraham Real Estate
List Price
$139,000
Sold Price
$134,000
Premium/Discount to List
-$5,000
-3.6%
Current Estimated Value
$306,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,909
Avg. Annual Appreciation
7.01%
Original Mortgage
$107,200
Outstanding Balance
$81,408
Interest Rate
4.39%
Mortgage Type
New Conventional
Estimated Equity
$220,603

Purchase Details

Listed on
Feb 21, 2013
Closed on
May 13, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Convergent Group Llc
Seller's Agent
Micha Knowles
ERA American Real Estate
Buyer's Agent
Kerry Jackson
Jackson Realty Team Inc
List Price
$89,900
Sold Price
$71,900
Premium/Discount to List
-$18,000
-20.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
996.24%

Purchase Details

Closed on
Jan 31, 2013
Sold by
Citimortgage Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 16, 1990
Sold by
Colbert Elizabeth P
Bought by
Colbert Andrew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac
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
Murdock Martin Bradley $134,000 Mti Title Ins Agency Inc
Convergent Group Llc $71,900 Land Title Services
Federal Home Loan Mortgage Corporation -- Land Title Services
Colbert Andrew C -- Expedient Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murdock Martin Bradley $107,200
Previous Owner Colbert Andrew $50,000
Previous Owner Colbert Andrew $33,000
Previous Owner Colbert Andrew $64,000
Previous Owner Colbert Andrew C $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Off Market $71,900 -- --
07/20/2022 07/20/22 Off Market $134,000 -- --
08/18/2013 08/18/13 Sold $134,000 -3.6% $114 / Sq Ft
08/18/2013 08/18/13 Pending -- -- --
07/11/2013 07/11/13 For Sale $139,000 +93.3% $118 / Sq Ft
05/15/2013 05/15/13 Sold $71,900 -20.0% $61 / Sq Ft
04/18/2013 04/18/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $89,900 -- $77 / 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 $1,519 $162,051 -- --
2023 $1,519 $157,331 $0 $0
2022 $1,366 $152,749 $0 $0
2021 $1,365 $148,300 $52,435 $95,865
2020 $1,742 $147,611 $51,223 $96,388
2019 $1,525 $120,493 $42,485 $78,008
2018 $1,482 $115,238 $0 $0
2017 $1,469 $113,352 $0 $0
2016 $1,489 $112,865 $0 $0
2015 $1,539 $113,541 $0 $0
2014 $1,546 $114,218 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Micha Knowles

    ERA American Real Estate

  • Kerry Jackson

    Buyer's Agent in 2013

    Kerry Jackson

    Florida Realty Experts Inc

    (850) 960-8646

    18 in this area

    115 Total Sales

    Section Image

  • S

    Buyer's Agent in 2013

    Scott Ingraham

    Scott Ingraham Real Estate

    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 610865

Central Panhandle Association of REALTORS®

APN: 30166-398-000

Florida Bay County Panama City 32408 Upper Grand Lagoon

221 Pelican Way, Panama City, FL

This home is located at 221 Pelican Way, Panama City, FL 32408 since 11 July 2013 and is currently estimated at $310,774, approximately $264 per square foot. This property was built in 1984. 221 Pelican Way is a home located in Bay County with nearby schools including Patronis Elementary School, J.R. Arnold High School, and Surfside Middle 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.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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