Seller's Agent in 2024
Dawn Burt
Keller Williams Success Realty
(850) 684-4284
1 in this area
470 Total Sales
254 Cottage Way Unit 1 Panama City Beach, FL 32413
Seacrest NeighborhoodEstimated Value: $1,265,962 - $1,805,000
5
Beds
3
Baths
2,105
Sq Ft
$712/Sq Ft
Est. Value
Highlights
- Beach
- Deeded access to the beach
- Vaulted Ceiling
- Dune Lakes Elementary School Rated A-
- Fishing
- Beach House
About This Home
As of May 2024PRICED TO SELL BELOW MARKET VALUE!! 2024 Rental Forecast $186,523 Turnkey vacation home or high-producing vacation rental backing up to 30A with Gulf views! 2023 $117K so far, 2022 $162K, 2021 200K!!! This 5 bedroom, 3 bathroom home in Cottages at Camp Creek of Inlet Beach with its very own private beach access that is no more than a 2 minute walk away and a community pool! Beautiful finishes inside the home with crown molding on the raised ceilings,hardwood flooring, tile, luxury vinyl, ceiling fans and furnishings throughout that compliment the floor plan and for entertaining guests. The kitchen has stainless appliances, a breakfast bar overlooking the living and dining areas. Polycade game console unit in the living area for inside entertainment. outdoor seating to enjoy beautiful Florida sunrises or sunsets and Gulf views. The primary bedroom has a double vanity, a jetted garden tub and separate tiled shower. Spacious laundry room to keep up with all the beach and pool towels from all the fun in the sun! Great location with only a short distance to shopping, dining, entertainment and beautiful Emerald Coast beaches. A unique property that offers its residents deeded beach access in the highly desirable area of 30A.
Last Agent to Sell the Property
Keller Williams Success Realty License #3317300 Listed on: 02/16/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,894
Year Built
- Built in 2003
Lot Details
- Lot Dimensions are 35 x 75 x 35 x 75
HOA Fees
- $233 Monthly HOA Fees
Home Design
- Beach House
- Pitched Roof
- Metal Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 2,105 Sq Ft Home
- 2-Story Property
- Furnished
- Woodwork
- Crown Molding
- Vaulted Ceiling
- Recessed Lighting
- Living Room
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Electric Oven or Range
- Self-Cleaning Oven
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Painted or Stained Flooring
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- 3 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
- Garden Bath
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Deeded access to the beach
- Balcony
- Covered Deck
- Covered Patio or Porch
Schools
- Van R Butler Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 27-3S-18-16700-000-0010
Community Details
Overview
- Association fees include ground keeping, legal, management, master, recreational faclty
- Cottages At Camp Creek Subdivision
- The community has rules related to covenants
Amenities
- Community Barbecue Grill
Recreation
- Beach
- Community Pool
- Fishing
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 16, 2024
Closed on
May 3, 2024
Sold by
D Alexander Fund I Lp
Bought by
Ellington Capital Llc
Seller's Agent
Dawn Burt
Keller Williams Success Realty
Buyer's Agent
Sarah Davidson
Compass
List Price
$1,400,000
Sold Price
$1,375,000
Premium/Discount to List
-$25,000
-1.79%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,241
Avg. Annual Appreciation
6.77%
Original Mortgage
$1,031,250
Outstanding Balance
$1,018,057
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$480,184
Purchase Details
Listed on
Jul 25, 2019
Closed on
Dec 20, 2019
Sold by
Akr Investments Llc
Bought by
D Alexander Fund I Lp
Seller's Agent
Paul Couch
EXP Realty LLC
Buyer's Agent
Paul Couch
EXP Realty LLC
List Price
$663,000
Sold Price
$663,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.12%
Original Mortgage
$418,600
Interest Rate
3.73%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 7, 2014
Sold by
Patel Himanshu and Patel Monisha V
Bought by
Akr Investments Llc
Purchase Details
Closed on
Dec 12, 2012
Sold by
Bocasey Llc
Bought by
Patel Himanshu and Patel Monisha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 13, 2004
Sold by
Petusky Robert O and Sequeira Keith J
Bought by
Bocasey Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 19, 2003
Sold by
Horizon Properties Llc
Bought by
Thompson Wayne A and Meaney Lisa M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,400
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 30, 2003
Sold by
Crowther Kenneth P
Bought by
Petusky Robert O and Sequeira Keith J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 14, 2003
Sold by
Horizon Properties Llc
Bought by
Crowther Kenneth P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ellington Capital Llc | $1,375,000 | None Listed On Document | |
| D Alexander Fund I Lp | $663,000 | Aqua Title Services | |
| Akr Investments Llc | $305,800 | None Available | |
| Patel Himanshu | $475,000 | Aqua Title | |
| Bocasey Llc | $635,000 | Gulf Coast Title & Escrow In | |
| Thompson Wayne A | $284,900 | -- | |
| Petusky Robert O | $425,000 | Southern Escrow & Title Llc | |
| Crowther Kenneth P | $320,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ellington Capital Llc | $1,031,250 | |
| Previous Owner | D Alexander Fund I Lp | $522,900 | |
| Previous Owner | D Alexander Fund I Lp | $418,600 | |
| Previous Owner | Patel Himanshu | $325,000 | |
| Previous Owner | Bocasey Llc | $508,000 | |
| Previous Owner | Thompson Wayne A | $256,400 | |
| Previous Owner | Petusky Robert O | $340,000 | |
| Previous Owner | Crowther Kenneth P | $224,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2024 05/06/24 | Sold | $1,375,000 | -1.8% | $653 / Sq Ft |
| 04/02/2024 04/02/24 | Pending | -- | -- | -- |
| 02/16/2024 02/16/24 | For Sale | $1,400,000 | +111.2% | $665 / Sq Ft |
| 10/26/2021 10/26/21 | Off Market | $663,000 | -- | -- |
| 12/20/2019 12/20/19 | Sold | $663,000 | 0.0% | $315 / Sq Ft |
| 10/15/2019 10/15/19 | Pending | -- | -- | -- |
| 07/25/2019 07/25/19 | For Sale | $663,000 | -- | $315 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History Compared to Growth
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 | $8,223 | $1,067,836 | $143,750 | $924,086 |
| 2023 | $8,223 | $1,078,960 | $143,750 | $935,210 |
| 2022 | $8,223 | $0 | $0 | $0 |
| 2021 | $6,015 | $621,396 | $115,400 | $505,996 |
| 2020 | $5,918 | $592,876 | $105,576 | $487,300 |
| 2019 | $5,566 | $580,484 | $102,501 | $477,983 |
| 2018 | $5,325 | $575,773 | $0 | $0 |
| 2017 | $4,424 | $446,336 | $96,704 | $349,632 |
| 2016 | $4,426 | $442,288 | $0 | $0 |
| 2015 | $4,314 | $424,453 | $0 | $0 |
| 2014 | $3,513 | $372,703 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dawn Burt
-
Sarah Davidson
S
Buyer's Agent in 2024
Sarah Davidson
Compass
(615) 720-6993
2 in this area
37 Total Sales
-
Paul Couch
P
Seller's Agent in 2019
Paul Couch
EXP Realty LLC
(850) 699-7402
56 Total Sales
-
J
Seller Co-Listing Agent in 2019
Joshua Callahan
Destin Palms Vacations Inc
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 942537
APN: 27-3S-18-16700-000-0010
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