NOT LISTED FOR SALE

Estimated Value: $301,000 - $337,000

4 Beds
1 Bath
890 Sq Ft
$400/mo HOA Fee

Last Sold September 11, 2023

Last sale price $320,000 $360 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,327/month

Highlights

  • Home fronts a lagoon or estuary
  • Bay View
  • Central Heating and Cooling System
  • Patronis Elementary School Rated A-
  • Living Room
  • Ceiling Fan

About This Home

As of September 2023

Welcome to Bay Point Studio Villas, a hidden gem nestled in the heart of Panama City Beach's picturesque Bay Point community. This exquisite bayfront condominium offers a harmonious blend of luxury, comfort, and convenience, making it the ideal choice for your next real estate investment. Inside this meticulously designed unit and be greeted by an open living space with gorgeous bay views. The kitchen is equipped with modern appliances, ample storage, and a breakfast bar catering to the culinary enthusiast. You will notice the stunning panoramic scenery of the surrounding lush landscapes or catch a glimpse of the sparkling waters from your patio. Retreat to the tranquil bedroom, a sanctuary for rest and relaxation after a long day. The bathroom exudes elegance with its refined finishes and ambiance. Bay Point provides an array of amenities that cater to your every need. For boating enthusiasts, the nearby marina offers direct access to the Gulf, allowing you to embark on exciting adventures at your leisure. This condo offers easy access to pristine beaches, world-class golf courses, vibrant shopping centers, and an array of dining options. Bay Point has it all, whether you seek a peaceful retreat or an active lifestyle. Don't miss the opportunity to own a piece of paradise in this highly sought-after community. Call today to schedule a private tour and discover the endless possibilities that await you. Let's make your dreams come true!

Last Agent to Sell the Property

Candi Miles

Compass License #3434249 Listed on: 09/27/2023

Compass

Co-Listed By

Test Test

ECN - Unknown Office

Last Buyer's Agent

Carly Sostheim

Corcoran Reverie SRB License #3467605

Corcoran Reverie SRB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,880

Year Built

  • Built in 1980

Lot Details

  • Home fronts a lagoon or estuary

HOA Fees

  • $400 Monthly HOA Fees

Property Views

  • Bay
  • Lagoon

Interior Spaces

  • 1 Full Bathroom
  • 890 Sq Ft Home
  • Ceiling Fan
  • Living Room

Schools

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

Utilities

  • Central Heating and Cooling System
  • Air Source Heat Pump
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include accounting, ground keeping, insurance, management, sewer, trash
  • Bay Point Studio Villas 3 Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 31416-257-000

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,880

Year Built

Built in 1980

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: UNKNOWNOFFICE
  • Subdivision Name: BAY POINT STUDIO VILLAS 3 CONDO
  • Directions: From Thomas Drive turn east onto Magnolia Beach Drive. Turn right at the curve and continue onto Delwood Beach Drive. Turn right onto Jan Cooley Drive. Turn right at Bay Point guard gate (Marriott Drive). At round-a-bout continue left on Marriott Drive. Turn right onto Kingfish Lane. Near the end of the lane turn right into the parking lot. The unit is at the building to the left on the left.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1980
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Waterview:Bay2: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Heat Pump Air To Air: Yes
  • Waterfront:Lagoon: Yes
  • Waterview:Lagoon2: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 1

Exterior Features

  • View: Lagoon, Bay
  • Waterfront Features: Lagoon
  • Waterfront: Yes
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump Air To Air, Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Association #2 Fee: 1200.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Management, Sewer, Trash

Schools

  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Parcel #: 31416-257-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1880.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Sep 11, 2023
Sold by
Fowler Gregory D and Fowler Debra T
Bought by
Bowman Kurt and Bowman Christine
Seller's Agent
Candi Miles
Compass
Buyer's Agent
Carly Sostheim
Corcoran Reverie SRB
List Price
$320,000
Sold Price
$320,000
Current Estimated Value
$315,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,326
Avg. Annual Appreciation
-0.71%
Original Mortgage
$256,000
Outstanding Balance
$250,977
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$64,631

Purchase Details

Closed on
Oct 16, 2019
Sold by
Devney James K and Devney Rosemary P
Bought by
Fowler Gregory D and Fowler Debra T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2013
Sold by
Regions Bank
Bought by
Devney James K and Devney Rosemary P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,030
Interest Rate
3.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 13, 2012
Sold by
Kelley Chuck B and Kelley Sheila
Bought by
Regions Bank

Purchase Details

Closed on
Sep 13, 2004
Sold by
Pappas Dean and Pappas Myra H
Bought by
Kelley Chuck B and Kelley Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,600
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2004
Sold by
Warren E A
Bought by
Pappas Dean and Pappas Myra H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,600
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2003
Sold by
Cacciatore Frank T and Cacciatore Lucy
Bought by
Warren E A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2000
Sold by
Pillow Mary Louise
Bought by
Cacciatore Frank T and Cacciatore Lucy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.07%
Mortgage Type
Purchase Money Mortgage
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
Bowman Kurt $320,000 First International Title
Fowler Gregory D $176,000 Mti Title Insurance Agcy Inc
Devney James K $127,000 None Available
Regions Bank $290,300 Attorney
Kelley Chuck B $322,000 Lawyers Title Agency Of Nort
Pappas Dean $225,000 Lawyers Title Agency Of Nort
Warren E A $153,000 Lawyers Title Agency Of Nort
Cacciatore Frank T $125,000 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Kurt $256,000
Previous Owner Fowler Gregory D $140,800
Previous Owner Devney James K $113,030
Previous Owner Kelley Chuck B $33,000
Previous Owner Kelley Chuck B $256,000
Previous Owner Kelley Chuck B $257,600
Previous Owner Kelley Chuck B $48,300
Previous Owner Pappas Dean $180,000
Previous Owner Warren E A $122,400
Previous Owner Cacciatore Frank T $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 For Sale $320,000 0.0% $360 / Sq Ft
09/11/2023 09/11/23 Sold $320,000 -- $360 / Sq Ft
07/30/2023 07/30/23 Pending -- -- --
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 $2,486 $263,075 -- $263,075
2023 $2,486 $142,946 $0 $263,075
2022 $1,880 $129,951 $0 $0
2021 $1,502 $118,137 $0 $0
2020 $1,347 $107,397 $0 $107,397
2019 $721 $95,200 $0 $0
2018 $712 $91,458 $0 $0
2017 $697 $89,577 $0 $0
2016 $686 $87,735 $0 $0
2015 $703 $87,125 $0 $0
2014 $1,218 $126,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 933222

Emerald Coast Association of REALTORS®

APN: 31416-257-000