$465,000
SOLD NOV 4, 2024

The Commodore Condominiums 4715 Thomas Dr Unit 507 Panama City, FL 32408

2 Beds
2 Baths
1,056 Sq Ft
$693/mo HOA Fee

Recently Sold

$440 Per Sq Ft

5% Below List Price

128 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • In Ground Pool
  • J.R. Arnold High School Rated A-
  • Deeded access to the beach
  • Furnished

About This Home

As of November 2024

SELLER FINANCING available. This condo has received upgrades that enhance its appeal--a new sliding door to the balcony in the living room and freshly installed kitchen cabinets and quartz countertops in the kitchen. Past success as a short-term rental adds to its allure.Special assessments are already taken care of by the seller, and HOA dues have recently been reduced. You'll also have peace of mind with a favorable ''good'' milestone inspection report.To sweeten the deal, the owner is open to SELLER FINANCING, offering you more flexibility in securing this gem.Nestled near St. Andrews State Park, this condo not only offers stunning Gulf views but also easy access to outdoor adventures.Whether you're seeking your personal retreat or a savvy investment, envision customizing this space to your taste and enjoying breathtaking sunsets from your own haven.Don't miss out on the opportunity to embrace beachfront living with confidence. Your dream condo is here, waiting for you!

Last Agent to Sell the Property

Maggie Fowler

Lifes A Beach Real Estate, LLC License #3549482 Listed on: 04/27/2024

Co-Listed By

Elwood Junot

Lifes A Beach Real Estate, LLC License #3047657

Last Buyer's Agent

Ann Hayward

Coastal Choice Realty LLC License #BK3412655

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,116

Year Built

  • Built in 1985

Lot Details

HOA Fees

  • $693 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 1,056 Sq Ft Home
  • Furnished
  • Ceiling Fan

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Parking Lot

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include cable TV, internet, ground maintenance, pest control, pool(s), sewer, security, trash, water
  • High-Rise Condominium
  • The Commodore Subdivision

Amenities

  • Elevator

Recreation

  • Beach

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,116

Year Built

Built in 1985

Lot Details

0

HOA Fees

$693 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Condominium
  • Co List Office Mls Id: BERR
  • Co List Office Phone: (850) 249-9111
  • Subdivision Name: The Commodore
  • Architectural Style: High Rise
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1056.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: In Ground, Community, Pool
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Balcony, Pool
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Paved, Parking Lot
  • Garage: No

Utilities

  • Utilities: Water Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2079.54
  • Community Features: Beach, Elevator, Other, Pool, See Remarks, Short Term Rental Allowed, Waterfront
  • Amenities: Beach Rights
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Cable TV, Internet, Maintenance Grounds, Pest Control, Pool(s), Sewer, Security, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Resort

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 4116.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2024
Closed on
Nov 1, 2024
Sold by
Merrill And Jean Woodfin Family Lp
Bought by
Legacy Builders Of Tennessee Inc
Seller's Agent
Maggie Fowler
Lifes A Beach Real Estate, LLC
Buyer's Agent
Ann Hayward
Coastal Choice Realty LLC
List Price
$489,500
Sold Price
$465,000
Premium/Discount to List
-$24,500
-5.01%
Views
55
Current Estimated Value
$471,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,559
Avg. Annual Appreciation
1.51%
Original Mortgage
$385,000
Outstanding Balance
$340,156
Interest Rate
6.08%
Mortgage Type
Balloon
Estimated Equity
$130,999

Purchase Details

Closed on
Nov 28, 2012
Sold by
Woodfin Merrill J
Bought by
Merrill & Jean Woodfin Family Lp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $465,000 Mti Title
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $385,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Sold $465,000 -5.0% $440 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
04/27/2024 04/27/24 For Sale $489,500 -- $464 / 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 $4,116 $295,446 -- --
2023 $4,116 $268,587 $0 $399,500
2022 $3,247 $244,170 $0 $0
2021 $2,837 $221,973 $0 $0
2020 $2,495 $201,794 $0 $201,794
2019 $2,526 $201,794 $0 $201,794
2018 $2,699 $212,415 $0 $0
2017 $2,504 $195,500 $0 $0
2016 $2,550 $195,500 $0 $0
2015 $2,563 $191,136 $0 $0
2014 $2,490 $185,855 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Maggie Fowler

    Lifes A Beach Real Estate, LLC

    (812) 698-0782

    6 in this area

    14 Total Sales

    Maggie Fowler
    Section Image
  • Elwood Junot

    Seller Co-Listing Agent in 2024

    Elwood Junot

    Lifes A Beach Real Estate, LLC

    (972) 415-2502

    4 in this area

    109 Total Sales

    Elwood Junot
    Section Image
  • Ann Hayward

    Buyer's Agent in 2024

    Ann Hayward

    Coastal Choice Realty LLC

    (850) 630-5325

    7 in this area

    56 Total Sales

    Ann Hayward
    Section Image
See All Agents

About The Commodore Condominiums

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 756271

Central Panhandle Association of REALTORS®

APN: 31430-547-000

Florida Bay County Panama City 32408

4715 Thomas Dr Unit 507, Panama City, FL

This home is located at 4715 Thomas Dr Unit 507, Panama City, FL 32408 and is currently priced at $465,000, approximately $440 per square foot. This property was built in 1985. 4715 Thomas Dr Unit 507 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.

Nearby Homes