NOT LISTED FOR SALE

4725 Bay Point Rd Unit 162 Panama City Beach, FL 32408

Upper Grand Lagoon Neighborhood

Estimated Value: $163,000 - $236,000

1 Bed
1 Bath
900 Sq Ft
$383/mo HOA Fee

Last Sold January 16, 2024

Last sale price $165,000 $183 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,611/month

66 Days on Market

Highlights

  • Gated Community
  • Pond View
  • Central Heating and Cooling System
  • Patronis Elementary School Rated A-
  • Living Room

About This Home

As of January 2024

Price Reduced! Motivated Seller!Are you an investor looking for that next fixer-upper or perhaps the homeowner looking for a second home that can also produce some rental income? Then look no further because here we have a blank canvas awaiting your personal touch. This downstairs 1-bedroom home has been modified to include a single bed or bunk space or you can easily add that space back to the bedroom. This home is unique from the rest as it offers a large open-air porch with an unobstructed pond view on the Jack Nicklaus Golf Course. Imagine living in a gated community on a golf course, with dining, shopping, endless walking trails, kayaking the famous Grand Lagoon over to the St. Andrews State Park, or a full-service marina offering boat slip rentals for your pleasure or fishing boat. This opportunity offers a reduced price which will allow equity after you have created your own touch to this remodel. The seller is motivated so bring your offer today!

Last Agent to Sell the Property

Wanda Miller

Think Real Estate License #BK655559 Listed on: 10/30/2023

Last Buyer's Agent

Christopher Jennings

Lifes A Beach Real Estate, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,906

Year Built

  • Built in 1974

Lot Details

  • 218

HOA Fees

  • $383 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 900 Sq Ft Home
  • Living Room
  • Pond Views
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Additional Features

  • Property fronts a private road
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include insurance, legal/accounting, ground maintenance, sewer, security, trash, water
  • Bay Point Association
  • Low-Rise Condominium
  • Legand Villas Subdivision

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,906

Year Built

Built in 1974

Lot Details

0

HOA Fees

$383 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Lot Size: 0
  • Road Frontage Type: Private Road
  • Subdivision Name: Legand Villas
  • Architectural Style: Low Rise
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Microwave
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 900.0
  • Dining Room Type: Bedroom, Living Room
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • View: Pond
  • View: Yes
  • Waterfront: No
  • Construction Type: Concrete
  • Foundation Details: Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Parking Lot
  • Garage: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1150.0
  • Community Features: Short Term Rental Allowed
  • Amenities: Gated
  • Association Fee Frequency: Quarterly
  • Association Name: Bay Point
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Insurance, Legal/Accounting, Maintenance Grounds, Sewer, Security, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Annual Amount: 1906.0

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Jan 16, 2024
Sold by
Spence Robin D
Bought by
Geddes Orville and Geddes Charla
Seller's Agent
Wanda Miller
Think Real Estate
Buyer's Agent
Christopher Jennings
Lifes A Beach Real Estate, LLC
List Price
$235,000
Sold Price
$165,000
Premium/Discount to List
-$70,000
-29.79%
Views
94
Current Estimated Value
$195,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,004
Avg. Annual Appreciation
10.93%

Purchase Details

Listed on
May 24, 2018
Closed on
Feb 19, 2019
Sold by
Spann William F
Bought by
Spence Robin D
Seller's Agent
Ray Young
Bay Point Real Estate Co
Buyer's Agent
Tracey Neudecker
Coldwell Banker Realty
List Price
$119,900
Sold Price
$120,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%

Purchase Details

Closed on
Oct 7, 2014
Sold by
Fannie Mae
Bought by
Adams Lora A and Adams Kevine

Purchase Details

Closed on
Apr 28, 2014
Sold by
Spann William F and Spann Rebecca L
Bought by
Spann William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,148
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2005
Sold by
Wells Joseph D
Bought by
Spann William F and Spann Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2004
Sold by
Mullins Thomas W
Bought by
Wells Joseph D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,100
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving
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
Geddes Orville $165,000 Mti Title
Spence Robin D $120,000 Mti Title Ins Agency Inc
Adams Lora A $58,500 Attorney
Spann William F $73,100 Servicelink
Spann William F $220,000 Blue Dolphin Title Llc
Wells Joseph D $178,000 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spann William F $148,148
Previous Owner Spann William F $176,000
Previous Owner Wells Joseph D $169,100
Previous Owner Mullins Thomas W $76,000
Previous Owner Mullins Thomas W $62,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $165,000 -27.3% $183 / Sq Ft
01/07/2024 01/07/24 Pending -- -- --
11/10/2023 11/10/23 Price Changed $227,000 -3.4% $252 / Sq Ft
11/01/2023 11/01/23 For Sale $235,000 +95.8% $261 / Sq Ft
06/20/2022 06/20/22 Off Market $120,000 -- --
02/19/2019 02/19/19 Sold $120,000 +0.1% $133 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
05/24/2018 05/24/18 For Sale $119,900 -- $133 / 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 $1,986 $136,894 -- --
2023 $1,986 $195,500 $0 $195,500
2022 $1,542 $113,135 $0 $0
2021 $1,467 $102,850 $0 $0
2020 $1,177 $93,500 $0 $93,500
2019 $802 $61,880 $0 $61,880
2018 $1,004 $66,185 $0 $0
2017 $902 $60,168 $0 $0
2016 $784 $54,698 $0 $0
2015 $696 $49,725 $0 $0
2014 $892 $64,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wanda Miller

    Seller's Agent in 2024

    Wanda Miller

    Think Real Estate

    (850) 832-0922

    12 in this area

    74 Total Sales

    Wanda Miller
    Section Image

  • C

    Buyer's Agent in 2024

    Christopher Jennings

    Lifes A Beach Real Estate, LLC

  • Ray Young

    Seller's Agent in 2019

    Ray Young

    Bay Point Real Estate Co

    (850) 832-9999

    54 in this area

    65 Total Sales

    Ray Young
    Section Image
  • Tracey Neudecker

    Buyer's Agent in 2019

    Tracey Neudecker

    Coldwell Banker Realty

    (850) 630-7085

    13 in this area

    58 Total Sales

    Tracey Neudecker
    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 748635

Central Panhandle Association of REALTORS®

APN: 31416-210-000

Florida Bay County Panama City Beach 32408 Upper Grand Lagoon

4725 Bay Point Rd Unit 162, Panama City Beach, FL

This home is located at 4725 Bay Point Rd Unit 162, Panama City Beach, FL 32408 since 30 October 2023 and is currently estimated at $195,004, approximately $216 per square foot. This property was built in 1974. 4725 Bay Point Rd Unit 162 is a home located in Bay County with nearby schools including Patronis Elementary School, J.R. Arnold High School, and Surfside Middle 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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