NOT LISTED FOR SALE

408 Lakefront Dr Panama City Beach, FL 32413

Estimated Value: $2,087,000 - $2,341,000

4 Beds
4 Baths
2,336 Sq Ft
$941/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $830,000 $355 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $12,863/month

11 Days on Market

Highlights

  • Beach
  • Fishing
  • Gated Community
  • J.R. Arnold High School Rated A-
  • Gulf View
  • Beach House

About This Home

As of July 2014

You will love this beach house. The open plan includes large living/dining/kitchen/bar area and is specially designed for great gatherings of family and friends. The first floor also has a bedroom and full bath. Tucked into the downstairs hallway is a unique bench seating area with storage underneath. The double loaded porches and tower deck catch the breezes and enable marvelous views of Lake Carillon, Lake Carillon Pool, and the Gulf of Mexico. The second floor has a large master suite, another full size bedroom and bath, a bunk room with full bath, and bunks tucked away into a nook in the spacious upstairs hallway. The third floor tower commands a view of the entire Carillon Beach community and beyond. This house is being sold furnished and ready to inhabit as a permanent home, a vacation home, or a rental property

Last Agent to Sell the Property

Frances Bright

Carillon Realty Inc License #627082 Listed on: 05/23/2014

Co-Listed By

Bobby Stephens

Carillon Realty Inc License #3238445

Last Buyer's Agent

Frances Bright

Carillon Realty Inc License #627082 Listed on: 05/23/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,576

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 48.5x116
  • Partially Fenced Property

HOA Fees

  • $300 Monthly HOA Fees

Property Views

  • Gulf
  • Lake

Home Design

  • Beach House
  • Metal Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,336 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Recessed Lighting
  • Dining Room
  • Bonus Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Built-In Bunk Beds
  • 4 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Hutchinson Beach Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Air
  • Phone Available

Additional Features

  • Balcony
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number 36459-394-802

Community Details

Overview

  • Association fees include accounting, recreational faclty, security, trash
  • Carillon Beach Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Community Pavilion

Recreation

  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,576

Year Built

Built in 2008

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 48.5x116
  • Road Surface Type: Paved
  • Co List Office Mls Id: ECRI
  • Co List Office Phone: 850-234-5600
  • Subdivision Name: CARILLON BEACH
  • Directions: Carillon Beach is approx. 3 miles East of Rosemary Beach in Bay county (just across the Phillips Inlet Bridge. From the Residential Guard Gate, request to come to the real estate office.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2008
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Balcony2: Yes
  • Rooms:Bonus Room: Yes
  • Waterview:Lake2: Yes
  • Utilities:Gas - Natural: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Gas, Washer, Wine Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Floor Hardwood, Furnished - All, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Owner's Closet
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Furnished - All: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Kitchen Island: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Hallway Bunk Beds: Yes

Exterior Features

  • Lot Features: Covenants, Flood Insurance Req, Sidewalk, Within 1/2 Mile to Water
  • View: Lake, Gulf
  • Construction Type: Foundation On Piling, Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Balcony, Fenced Lot-Part
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Exterior:Fenced Lot-Part: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • Lot Features:Flood Insurance Req: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Lot Features:Sidewalk: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Beach, Fishing, Gated Community, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, Waterfront
  • Association #2 Fee: 3600.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Recreational Faclty, Security, Trash

Schools

  • Elementary School: Hutchinson Beach
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Parcel #: 36459-394-802
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2014
Closed on
Jul 25, 2014
Sold by
Sweeney William F and Sweeney Lisa D
Bought by
Mullin C Morris and Mullin Bethany Parker
Seller's Agent
Frances Bright
Carillon Realty Inc
Buyer's Agent
Frances Bright
Carillon Realty Inc
List Price
$830,000
Sold Price
$830,000
Current Estimated Value
$2,109,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,279,889
Avg. Annual Appreciation
8.99%

Purchase Details

Closed on
Apr 22, 2005
Sold by
Settle J Michael and Settle Susan
Bought by
Sweeney William F and Sweeney Lisa D

Purchase Details

Closed on
Mar 10, 2005
Sold by
Settle J Michael and Settle Susan
Bought by
Smith W David and Smith Carolyn Settle

Purchase Details

Closed on
Apr 15, 2004
Sold by
Johnson Tim J and Johnson Theresa A
Bought by
Settle J Michael and Settle Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage
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
Mullin C Morris $830,000 Omega Title Llc
Sweeney William F $630,000 Lawyers Title Agncy
Smith W David -- --
Settle J Michael $300,000 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Settle J Michael $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2014 07/25/14 Sold $830,000 0.0% $355 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $830,000 -- $355 / 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 $17,576 $1,302,373 -- --
2023 $17,576 $1,682,483 $410,369 $1,272,114
2022 $13,993 $1,076,341 $0 $0
2021 $12,262 $978,492 $0 $0
2020 $10,861 $889,538 $233,588 $655,950
2019 $9,799 $799,850 $246,728 $553,122
2018 $9,089 $713,451 $0 $0
2017 $8,214 $648,592 $0 $0
2016 $8,266 $640,809 $0 $0
2015 $8,496 $640,700 $0 $0
2014 $6,915 $483,286 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 706140

Emerald Coast Association of REALTORS®

APN: 36459-394-802