NOT LISTED FOR SALE

Magnolia Bay Club 2400 Grandiflora Blvd Unit E702 Panama City Beach, FL 32408

Upper Grand Lagoon Neighborhood

Estimated Value: $353,000 - $398,000

1 Bed
2 Baths
1,248 Sq Ft
$464/mo HOA Fee

Last Sold June 17, 2021

Last sale price $285,000 $228 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,761/month

Highlights

  • Gated Community
  • Waterfront
  • Balcony
  • J.R. Arnold High School Rated A-
  • Bonus Room
  • Picnic Area

About This Home

As of June 2021

**Entered for Comp purposes**Magnificent bay view from the 7th floor with 1 bedroom plus an office/study, 2 bath. Granite in Kitchen, carpet/tile flooring.

Last Agent to Sell the Property

Tina Lamonica

Think Real Estate License #BK3432425 Listed on: 06/17/2021

Think Real Estate

Last Buyer's Agent

Tina Lamonica

Think Real Estate License #BK3432425 Listed on: 06/17/2021

Think Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 2008

Lot Details

  • 392

HOA Fees

  • $464 Monthly HOA Fees

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Bonus Room

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Electric Water Heater

Community Details

Overview

  • Association fees include management, cable TV, legal/accounting, ground maintenance, maintenance structure, pest control, playground, pool(s), sewer
  • High-Rise Condominium
  • Magnolia Bay Club Subdivision

Additional Features

  • Picnic Area
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,000

Year Built

Built in 2008

Lot Details

0

HOA Fees

$464 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Lot Size: 381x488
  • Subdivision Name: Magnolia Bay Club
  • Architectural Style: High Rise
  • Unit Levels: One
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Oven, Disposal, Refrigerator, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Living Area: 1248.0
  • Dining Room Type: Bonus Room, Dining Room, Kitchen, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront Features: Bay Access, Shoreline - Natural
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected

Condo/Co-op/Association

  • Association Fee: 464.33
  • Amenities: Gated, Picnic Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Other, Pest Control, Playground, Pool(s), Sewer, See Remarks

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2000.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jun 17, 2021
Sold by
Daly John F and Daly Amelia J
Bought by
Stanton Sandra J
Seller's Agent
Tina Lamonica
Think Real Estate
Buyer's Agent
Tina Lamonica
Think Real Estate
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$373,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,627
Avg. Annual Appreciation
6.63%

Purchase Details

Closed on
Feb 3, 2021
Sold by
Prather Beth Ann and Honchell Robert L
Bought by
Daly John F and Daly Amelia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2017
Bought by
Honchell Bert L Ii

Purchase Details

Closed on
Aug 24, 2010
Sold by
Magnolia Bay Properties Llc
Bought by
Honchell Bert L and Honchell Doris M
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
Stanton Sandra J $285,000 Setco Services Llc
Daly John F $210,000 Setco Services Llc
Honchell Bert L Ii -- --
Honchell Bert L $179,900 Equity Land Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daly John F $199,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $285,000 -- --
06/17/2021 06/17/21 Sold $285,000 0.0% $228 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $285,000 -- $228 / 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 $3,323 $272,553 -- --
2023 $3,323 $247,775 $0 $281,563
2022 $2,645 $225,250 $0 $225,250
2021 $2,446 $177,183 $0 $0
2020 $2,000 $161,075 $0 $161,075
2019 $1,781 $141,312 $0 $141,312
2018 $0 $148,750 $0 $0
2017 $2,145 $167,025 $0 $0
2016 $1,007 $113,244 $0 $0
2015 $1,030 $112,457 $0 $0
2014 $1,017 $111,564 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tina Lamonica

    Seller's Agent in 2021

    Tina Lamonica

    Think Real Estate

    (850) 832-7162

    6 in this area

    158 Total Sales

    Tina Lamonica
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About Magnolia Bay Club

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 713014

Central Panhandle Association of REALTORS®

APN: 40000-600-061

Florida Bay County Panama City Beach 32408 Upper Grand Lagoon

2400 Grandiflora Blvd Unit E702, Panama City Beach, FL

This home is located at 2400 Grandiflora Blvd Unit E702, Panama City Beach, FL 32408 since 17 June 2021 and is currently estimated at $373,627, approximately $299 per square foot. This property was built in 2008. 2400 Grandiflora Blvd Unit E702 is a home located in Bay County with nearby schools including J.R. Arnold High School, Surfside Middle School, and Patronis Elementary 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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