NOT LISTED FOR SALE

240 S Arnold Rd Unit 2 Panama City Beach, FL 32413

Estimated Value: $530,000 - $612,000

3 Beds
3 Baths
1,872 Sq Ft
$306/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $512,000 $274 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,805/month

123 Days on Market

Highlights

  • Gulf View
  • Newly Painted Property
  • Community Pool
  • J.R. Arnold High School Rated A-
  • Vaulted Ceiling
  • Covered Patio or Porch

About This Home

As of January 2023

SHORT TERM RENTAL CAPABLE! Rental Projection $65k -$85k/yr! Fabulous SW facing 3-story Townhome - excellent PCB location! Golf cart to beach access, Winn Dixie or local restaurants/bar less than 1/2 mile or use private trails to Pier Park! Golf Cart included! THREE En-Suite BR's stretch across 3 floors allowing for endless opportunities! 1st floor features In-Law Suite w/ kitchen, covered patio & grassy area! 2nd floor features open living concept offering a beautiful kitchen w/ ample cabinets & breakfast bar flowing to a spacious living room w/ access to a covered balcony for a peek of the GULF! BR #2 & laundry also on 2nd floor. Retreat to your oversized 3rd floor Owners suite w/ sitting area offering the BEST GULF & SUNSET VIEWS from covered balcony. Jetted tub & owners closet!

Last Agent to Sell the Property

Angie Burdeshaw

Home Town Realty Partners LLC License #3496549 Listed on: 01/01/2023

Home Town Realty Partners LLC

Last Buyer's Agent

Eric Leitten

Real Broker LLC License #3405924

Real Broker LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,829

Year Built

  • Built in 2007

Lot Details

  • 871 Sq Ft Lot
  • Partially Fenced Property

HOA Fees

  • $313 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Newly Painted Property
  • Stucco

Interior Spaces

  • 1,872 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Tile Flooring
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Lock
  • Balcony
  • Covered Patio or Porch

Additional Homes

  • Dwelling with Separate Living Area

Schools

  • West Bay Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 33422-030-002

Community Details

Overview

  • Association fees include ground keeping, trash
  • El Centro Beach Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,829

Year Built

Built in 2007

Lot Details

0

HOA Fees

$313 per month

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Road Surface Type: Paved
  • Subdivision Name: EL CENTRO BEACH
  • Directions: South on 79, cross over 98. Community on right just before Front Beach. Unit 2A on left - balconies face SW. Park under carport.
  • Architectural Style: Townhome
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2007
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Separate Apartment: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Range Hood, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Elect
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Floor Tile
  • Interior Amenities: Breakfast Bar, Ceiling Raised, Lighting Recessed, Lock Out, Newly Painted, Owner's Closet, Pantry, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Range Hood: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Fencing: Fenced Lot-Part
  • Lot Features: Covenants, Level, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Gulf
  • Construction Type: Stucco
  • Exterior Features: Balcony, Separate Living Area
  • Patio And Porch Features: Patio Covered
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Separate Living Area: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features: Carport
  • General Property Info:Garage2: No
  • Parking Features:Carport3: Yes

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water

Condo/Co-op/Association

  • Community Features: Pets Allowed, Picnic Area, Pool
  • Association #2 Fee: 3756.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Trash

Schools

  • Elementary School: West Bay
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 33422-030-002
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2829.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2023
Closed on
Jan 31, 2023
Sold by
Queen William D
Bought by
Anderson Joseph and Anderson Lindsay
Seller's Agent
Angie Burdeshaw
Home Town Realty Partners LLC
Buyer's Agent
Eric Leitten
Real Broker LLC
List Price
$545,000
Sold Price
$512,000
Premium/Discount to List
-$33,000
-6.06%
Views
4
Current Estimated Value
$572,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,536
Avg. Annual Appreciation
3.42%
Original Mortgage
$384,000
Outstanding Balance
$371,945
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$185,869

Purchase Details

Closed on
Jan 4, 2017
Sold by
Huston Sally R
Bought by
Queen William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,484
Interest Rate
4.03%
Mortgage Type
VA

Purchase Details

Closed on
Oct 29, 2010
Sold by
Federal National Mortgage Association
Bought by
Huston Sally R

Purchase Details

Closed on
May 10, 2010
Sold by
Ventura Riza Joy
Bought by
Federal National Mortgage Association
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
Anderson Joseph $512,000 South Oak Title
Queen William D $203,000 Attorney
Huston Sally R $125,000 Attorney
Federal National Mortgage Association $404,700 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Joseph $384,000
Previous Owner Queen William D $205,484
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $512,000 +86.2% $274 / Sq Ft
01/01/2023 01/01/23 Pending -- -- --
12/05/2022 12/05/22 Off Market $275,000 -- --
12/05/2022 12/05/22 Off Market $505,000 -- --
10/29/2022 10/29/22 Price Changed $529,900 -2.8% $283 / Sq Ft
10/29/2022 10/29/22 For Sale $545,000 0.0% $291 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $545,000 +7.9% $291 / Sq Ft
02/14/2022 02/14/22 Sold $505,000 +0.8% $260 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $500,900 0.0% $258 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
12/17/2021 12/17/21 Price Changed $500,900 +0.2% $258 / Sq Ft
12/09/2021 12/09/21 For Sale $499,900 0.0% $257 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $499,900 +81.8% $257 / Sq Ft
02/06/2020 02/06/20 Sold $275,000 -8.3% $141 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
10/05/2019 10/05/19 For Sale $299,900 -- $154 / 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 $4,473 $434,369 $40,944 $393,425
2023 $4,473 $256,704 $38,522 $402,660
2022 $3,451 $233,367 $0 $0
2021 $2,829 $212,152 $0 $0
2020 $2,486 $192,865 $13,790 $179,075
2019 $2,411 $195,423 $13,790 $181,633
2018 $2,439 $197,982 $0 $0
2017 $1,614 $138,657 $0 $0
2016 $1,534 $132,281 $0 $0
2015 $1,610 $134,659 $0 $0
2014 $1,566 $131,099 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 907136

Emerald Coast Association of REALTORS®

APN: 33422-030-002