NOT LISTED FOR SALE

Treasure Island 5004 Thomas Dr Unit 1105 Panama City, FL 32408

Estimated Value: $615,512 - $654,000

2 Beds
2 Baths
1,370 Sq Ft
$407/mo HOA Fee

Last Sold July 23, 2021

Last sale price $585,000 $427 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,427/month

2 Days on Market

Highlights

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

About This Home

As of July 2021

MOTIVATED SELLER!!!! This is a non rental11th floor unit has a high end furniture package. Located on the much desired Thomas Drive within walking distance of Saint Andrews State Park. Within walking distance of fine restaurants, nearby fishing, amusement attractions and golf. Treasure Island offers a beautiful unobstructed view of the coastline while sitting on your balcony or relaxing in your unit. From your front balcony you can enjoy the breathtaking view of the beautiful Saint Andrews Park.You can enjoy watching the fishing boats and ships going through the Pass while you relax on your large front balcony.

Last Agent to Sell the Property

Kelly Zarda

Emerald Coast Real Estate & Vacations LLC Listed on: 06/09/2021

Last Buyer's Agent

Scott Pelletier

Sterling Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,906

Year Built

  • Built in 2005

Lot Details

HOA Fees

  • $407 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Stucco

Interior Spaces

  • 1,370 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded access to the beach
  • Covered Patio or Porch

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 management, cable TV, internet, legal/accounting, pest control, trash, water
  • High-Rise Condominium
  • Treasure Island Resort Subdivision

Amenities

  • Community Barbecue Grill
  • Game Room
  • Elevator

Recreation

  • Beach
  • Park

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,906

Year Built

Built in 2005

Lot Details

0

HOA Fees

$407 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Subdivision Name: Treasure Island Resort
  • Architectural Style: High Rise
  • Entry Level: 11
  • Unit Levels: One
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Kitchen Island
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1370.0
  • Dining Room Type: Bedroom, Dining Room, Living Room, Primary Bedroom
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Built-in Barbecue, Balcony
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony, Covered, Patio

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Assigned, Garage
  • Garage: Yes

Utilities

  • Utilities: Electricity Connected, Other
  • Security Features: Security Service
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1220.0
  • Community Features: Barbecue, Beach, Elevator, Fitness Center, Game Room, Other, Park, Pool, See Remarks, Short Term Rental Allowed, Waterfront
  • Amenities: Beach Rights
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Internet, Legal/Accounting, Pest Control, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 3906.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jul 23, 2021
Sold by
Groome Billy R and Groome Jeanna
Bought by
R & A Land Development Llc
Seller's Agent
Kelly Zarda
Emerald Coast Real Estate & Vacations LLC
Buyer's Agent
Scott Pelletier
Sterling Realty LLC
List Price
$585,000
Sold Price
$585,000
Current Estimated Value
$632,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,128
Avg. Annual Appreciation
1.91%
Original Mortgage
$438,750
Outstanding Balance
$400,171
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$231,957

Purchase Details

Listed on
Jun 5, 2016
Closed on
Oct 7, 2016
Sold by
Mcmillan Dennis L and Watts Maureen
Bought by
Groome Billy R and Groome Jeanna W
Seller's Agent
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ecn.rets.RETS_OFFICE
List Price
$312,000
Sold Price
$312,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.05%

Purchase Details

Closed on
Jul 8, 2008
Sold by
Howard Mark Anthony and Howard Littie Darlene
Bought by
Mcmillan Dennis L and Mcmillan Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.08%
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
R & A Land Development Llc $585,000 Defender Title & Escrow
Groome Billy R $312,000 None Available
Mcmillan Dennis L $330,000 Dba Bay County Land & Abstra
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R & A Land Development Llc $438,750
Previous Owner Peterson Christine P $249,975
Previous Owner Mcmillan Dennis L $219,656
Previous Owner Mcmillan Dennis L $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $312,000 -- --
06/20/2022 06/20/22 Off Market $585,000 -- --
07/23/2021 07/23/21 Sold $585,000 0.0% $427 / Sq Ft
06/09/2021 06/09/21 For Sale $585,000 +87.5% $427 / Sq Ft
10/12/2016 10/12/16 Sold $312,000 0.0% $228 / Sq Ft
10/10/2016 10/10/16 Sold $312,000 0.0% $228 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
10/03/2016 10/03/16 Pending -- -- --
06/05/2016 06/05/16 For Sale $312,000 -13.7% $228 / Sq Ft
01/21/2016 01/21/16 For Sale $361,600 -- $264 / 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 $6,993 $573,750 -- $573,750
2023 $6,993 $542,300 $0 $573,750
2022 $5,742 $493,000 $0 $493,000
2021 $4,270 $352,750 $0 $352,750
2020 $4,069 $335,750 $0 $335,750
2019 $3,779 $310,250 $0 $310,250
2018 $3,421 $270,100 $0 $0
2017 $3,425 $268,600 $0 $0
2016 $3,423 $263,500 $0 $0
2015 $3,331 $246,840 $0 $0
2014 $3,121 $224,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 712680

Central Panhandle Association of REALTORS®

APN: 31437-224-000