NOT LISTED FOR SALE

2608 Magnolia Point Cir Panama City, FL 32408

Upper Grand Lagoon Neighborhood

Estimated Value: $427,000 - $448,000

3 Beds
2 Baths
1,863 Sq Ft
$234/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $382,500 $205 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,721/month

Highlights

  • Mediterranean Architecture
  • Dining Room
  • 2 Car Garage
  • J.R. Arnold High School Rated A-

About This Home

As of November 2021

Elegant 3 bedroom, 2 bath home featuring split bedroom floor plan, large master bath with separate water closet, large jetted tub and walk-in shower with built in seat. 13x6 walk-in closet in master bedroom. Open kitchen and dining area. Gas fireplace and water heater. 2 car garage includes an oversized closet as well as a 4x8 storage shelf hanging from the ceiling to provide extra storage. New Paint. Lawn service provided and includes exterior pest and weed spray.Tenants responsible for sprinkler meter. Mr. Trash is required trash service by HOA. Small dog allowed with Owner approval.

Last Agent to Sell the Property

Scott Pelletier

Beach Haven Realty License #3085948 Listed on: 10/09/2021

Last Buyer's Agent

Scott Pelletier

Sterling Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,778

Year Built

  • Built in 1999

Lot Details

  • 8,407

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 1,863 Sq Ft Home
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Community Details

  • Association fees include management
  • Magnolia Point At The Preserve Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,778

Year Built

Built in 1999

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Detached
  • Lot Size: 0
  • Subdivision Name: Magnolia Point At The Preserve
  • Architectural Style: Mediterranean
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1863.0
  • Dining Room Type: Bedroom, Dining Room
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2.0
  • Garage: Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Available

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1778.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2021
Closed on
Nov 8, 2021
Sold by
Sherrod Micah W and Sherrod Cari L
Bought by
Yates Bruce
Seller's Agent
Scott Pelletier
Beach Haven Realty
Buyer's Agent
Scott Pelletier
Sterling Realty LLC
List Price
$397,700
Sold Price
$382,500
Premium/Discount to List
-$15,200
-3.82%
Current Estimated Value
$435,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,453
Avg. Annual Appreciation
3.51%
Original Mortgage
$267,750
Outstanding Balance
$246,440
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$189,513

Purchase Details

Listed on
Dec 1, 2010
Closed on
Oct 4, 2012
Sold by
Schumacher William King
Bought by
Sherrod Micah W and Sherrod Cari L
Seller's Agent
Scott Ingraham
Scott Ingraham Real Estate
Buyer's Agent
Scott Ingraham
RE/MAX Real Estate Center
List Price
$259,000
Sold Price
$210,700
Premium/Discount to List
-$48,300
-18.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$217,653
Interest Rate
3.71%
Mortgage Type
VA

Purchase Details

Closed on
Mar 15, 2000
Sold by
Mcintosh Myers Construction Inc
Bought by
Schumacher William King and Schumacher Ruth Marie
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
Yates Bruce $382,500 Mti Title Insurance Agcy Inc
Sherrod Micah W $210,700 Cornerstone Title Agency Inc
Schumacher William King $165,000 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yates Bruce $267,750
Previous Owner Sherrod Micah W $217,653
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Off Market $2,000 -- --
07/05/2022 07/05/22 Off Market $1,725 -- --
07/05/2022 07/05/22 Off Market $1,700 -- --
07/05/2022 07/05/22 Off Market $2,000 -- --
06/20/2022 06/20/22 Off Market $210,700 -- --
06/20/2022 06/20/22 Off Market $382,500 -- --
11/10/2021 11/10/21 Sold $382,500 -3.8% $205 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
10/09/2021 10/09/21 For Sale $397,700 0.0% $213 / Sq Ft
09/09/2020 09/09/20 Rented $2,000 -4.8% --
09/09/2020 09/09/20 Under Contract -- -- --
07/15/2020 07/15/20 For Rent $2,100 +5.0% --
08/04/2019 08/04/19 Rented $2,000 -20.0% --
08/04/2019 08/04/19 Under Contract -- -- --
06/17/2019 06/17/19 For Rent $2,500 +44.9% --
03/28/2017 03/28/17 Rented $1,725 0.0% --
03/28/2017 03/28/17 Under Contract -- -- --
03/08/2017 03/08/17 For Rent $1,725 +1.5% --
12/10/2015 12/10/15 Rented $1,700 -10.5% --
12/10/2015 12/10/15 Under Contract -- -- --
09/08/2015 09/08/15 For Rent $1,900 0.0% --
10/04/2012 10/04/12 Sold $210,700 -18.6% $113 / Sq Ft
08/09/2012 08/09/12 Pending -- -- --
12/01/2010 12/01/10 For Sale $259,000 -- $139 / 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 $3,599 $333,421 -- --
2023 $3,599 $323,710 $0 $0
2022 $3,234 $314,282 $66,300 $247,982
2021 $1,783 $183,160 $0 $0
2020 $1,778 $180,631 $0 $0
2019 $440 $151,868 $51,221 $100,647
2018 $1,737 $173,379 $0 $0
2017 $1,708 $169,813 $0 $0
2016 $1,759 $171,331 $0 $0
2015 $1,834 $172,850 $0 $0
2014 $1,829 $172,691 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Pelletier

    Seller's Agent in 2021

    Scott Pelletier

    Beach Haven Realty

    (850) 774-5442

    6 in this area

    59 Total Sales

    Scott Pelletier
    Section Image
  • Patricia Sneed

    Seller's Agent in 2020

    Patricia Sneed

    Smith & Assoc Property Mngt

    (850) 819-6260

    Patricia Sneed
    Section Image

  • S

    Seller's Agent in 2012

    Scott Ingraham

    Scott Ingraham Real Estate

    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 718979

Central Panhandle Association of REALTORS®

APN: 31245-557-000

Florida Bay County Panama City 32408 Upper Grand Lagoon

2608 Magnolia Point Cir, Panama City, FL

This home is located at 2608 Magnolia Point Cir, Panama City, FL 32408 since 09 October 2021 and is currently estimated at $435,953, approximately $234 per square foot. This property was built in 1999. 2608 Magnolia Point Cir 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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