NOT LISTED FOR SALE

503 Granada Cir Unit 503C Panama City Beach, FL 32413

Estimated Value: $280,000 - $392,000

2 Beds
2 Baths
1,200 Sq Ft
$273/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $245,000 $204 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,499/month

11 Days on Market

Highlights

  • Vaulted Ceiling
  • Furnished
  • Covered Patio or Porch
  • J.R. Arnold High School Rated A-
  • Community Pool
  • Balcony

About This Home

As of June 2021

CURRENTLY UNDER CONTRACT, SELLER ACCEPTER BACKUP OFFERS. Amazing location! This unit is a 2nd floor unit with 2 stories inside of the unit. First floor includes living, kitchen, master bedroom and bathroom. The master bedroom has a sliding glass door leading out to a large balcony which overlooks the community pool. Upstairs features a bedroom and bathroom in a loft style. El Centro Villas is located in a spectacular location only being less then a mile from Pier Park, Frank Brown Park and the beach! Unit is currently being used as a vacation rental and has wonderful feedback from guest. All measurements are to be verified by Buyer. Units in this complex rarely come on the market, don't miss your chance to own a beautiful piece of real estate in Panama City Beach under $160K

Last Agent to Sell the Property

Brady Jackson

Florida Realty Experts Inc License #3262836 Listed on: 05/01/2021

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,713

Year Built

  • Built in 1985

Lot Details

  • 218

HOA Fees

  • $485 Monthly HOA Fees

Home Design

  • Property Attached

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Fence Around Pool
  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include insurance, legal/accounting, pool(s), trash
  • El Centro Villas Ph 1 Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,713

Year Built

Built in 1985

Lot Details

0

HOA Fees

$485 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Attached
  • Road Surface Type: Paved
  • Subdivision Name: El Centro Villas Ph 1
  • Unit Levels: Two
  • Building Stories: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Interior Amenities: High Ceilings, Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1200.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Fenced, Community
  • Waterfront: No
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony, Covered, Porch

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Cable Connected, Water Connected
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 485.0
  • Community Features: Pool, Short Term Rental Allowed
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Legal/Accounting, Pool(s), Trash

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 1713.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2021
Closed on
Jun 12, 2021
Sold by
Monroe Ryan
Bought by
Anderson Joseph B and Anderson Lindsay
Seller's Agent
Brady Jackson
Florida Realty Experts Inc
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$229,900
Sold Price
$245,000
Premium/Discount to List
$15,100
6.57%
Current Estimated Value
$327,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,053
Avg. Annual Appreciation
6.64%
Original Mortgage
$220,476
Outstanding Balance
$201,774
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$119,027

Purchase Details

Listed on
Apr 12, 2019
Closed on
Jun 19, 2019
Sold by
Andrews Tolisha C
Bought by
Monroe Ryan
Seller's Agent
Zack Seltzer
Seltzer Real Estate, LLC
Buyer's Agent
Kerry Jackson
Jackson Realty Team Inc
List Price
$165,000
Sold Price
$151,500
Premium/Discount to List
-$13,500
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.63%
Original Mortgage
$136,350
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2017
Closed on
May 3, 2017
Sold by
Sebesan Dennis J and Sebesan Ann B
Bought by
Andrews Tolisha C
Seller's Agent
Michelle Lanier
Bastion Realty LLC
Buyer's Agent
Cindy Seltzer
Seltzer Management Group,Inc.
List Price
$120,000
Sold Price
$118,000
Premium/Discount to List
-$2,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.39%
Original Mortgage
$106,200
Interest Rate
4.23%
Mortgage Type
New Conventional
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
Anderson Joseph B $245,000 Defender T&E Agcy Llc
Monroe Ryan $151,500 Attorney
Andrews Tolisha C $118,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Joseph B $220,476
Previous Owner Monroe Ryan $136,350
Previous Owner Andrews Tolisha C $106,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Off Market $151,500 -- --
06/20/2022 06/20/22 Off Market $1,850 -- --
06/20/2022 06/20/22 Off Market $245,000 -- --
06/20/2022 06/20/22 Off Market $118,000 -- --
06/15/2021 06/15/21 Sold $245,000 +6.6% $204 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $229,900 0.0% $192 / Sq Ft
05/01/2021 05/01/21 For Sale $229,900 +51.7% $192 / Sq Ft
06/26/2019 06/26/19 Sold $151,500 -8.2% $126 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $165,000 0.0% $138 / Sq Ft
11/14/2018 11/14/18 Rented $1,850 0.0% --
11/14/2018 11/14/18 Under Contract -- -- --
11/02/2018 11/02/18 For Rent $1,850 0.0% --
05/05/2017 05/05/17 Sold $118,000 -1.7% $98 / Sq Ft
04/06/2017 04/06/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $120,000 -- $100 / 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 $2,789 $229,075 -- --
2023 $2,789 $208,250 $0 $208,250
2022 $2,514 $208,250 $0 $208,250
2021 $1,883 $141,653 $0 $0
2020 $1,713 $128,775 $0 $128,775
2019 $1,307 $100,300 $0 $100,300
2018 $1,325 $100,300 $0 $0
2017 $1,126 $93,500 $0 $0
2016 $1,005 $85,000 $0 $0
2015 $1,083 $82,618 $0 $0
2014 $987 $75,107 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 711358

Central Panhandle Association of REALTORS®

APN: 33648-003-000