NOT LISTED FOR SALE

5401 Hopetown Ln Upper Grand Lagoon, FL 32408

Estimated Value: $70,000 - $399,000

0.19 Acre
$970,174 Price per Acre
8,451 Sq Ft Lot

Last Sold March 11, 2024

Last sale price $67,500

Est. 173% increase in value since last sale

Current estimated payment $1,135/month

277 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Interior Lot
  • J.R. Arnold High School Rated A-
  • Community Basketball Court
  • Park

About This Lot

As of March 2024

Located in the Martinique phase, this Lot offers an exceptional opportunity for those seeking to build their dream home or invest in prime real estate. Situated in a desirable neighborhood, this spacious lot presents a blank canvas for envisioning a custom-designed residence perfectly tailored to your preferences.Nestled within the tranquil and picturesque Martinique phase, this vacant lot provides a serene and welcoming environment for residents. With lush greenery and well-maintained surroundings, the neighborhood offers a peaceful retreat from the bustling city life. The location combines the best of both worlds, providing a peaceful ambiance while being within close proximity to modern conveniences and popular attractions.The lot itself boasts ample space, allowing for the construction of a generous-sized home with ample outdoor areas for recreation and relaxation. The possibilities are endless, limited only by your imagination.Furthermore, residing in the Martinique phase offers access to a range of community amenities. Residents can enjoy well-maintained parks, walking trails, and recreational areas, promoting an active and healthy lifestyle. Additionally, the neighborhood is known for its friendly atmosphere and close-knit community, making it an ideal place to call home.The location of this vacant lot is also highly desirable. Situated in Panama City Beach, you'll have easy access to the stunning white-sand beaches and crystal-clear waters that the area is renowned for. Whether you enjoy swimming, sunbathing, or engaging in water sports, living in this coastal paradise offers a multitude of recreational opportunities.In close proximity to the lot, you'll find a variety of shopping centers, restaurants, and entertainment venues, ensuring that you're never far from the vibrant cultural scene and modern amenities. The area is also known for its excellent schools, medical facilities, and convenient transportation options, making it a practical choice for families and professionals alike.Don't miss the chance to transform this vacant lot into your very own oasis in the highly sought-after Martinique phase. With its prime location, spacious dimensions, and access to a range of amenities, this property presents a remarkable opportunity for individuals looking to create a personalized haven in Panama City Beach, Florida.

Last Agent to Sell the Property

Sully Tariq

CENTURY 21 Commander Realty License #SL3506996 Listed on: 05/19/2023

CENTURY 21 Commander Realty

Last Buyer's Agent

Jen LaChance

SimpliHOM

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $617

Lot Details

  • 8,451 Sq Ft Lot
  • Lot Dimensions are 110x101x100
  • Interior Lot
  • Level Lot
  • Zoning described as Deed Restrictions,Resid Single Family

HOA Fees

  • $100 Monthly HOA Fees

Schools

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

Community Details

Overview

  • Association fees include ground maintenance, pool(s), recreation facilities
  • Martinique Phase I Subdivision

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Park

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$617

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.19
  • Lot Size: 110X101X100
  • Road Surface Type: Paved
  • Subdivision Name: Martinique Phase I
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None

Exterior Features

  • Pool Features: Community
  • Waterfront: No

Utilities

  • Utilities: Sewer Available, Water Available
  • Security Features: Gated Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1194.13
  • Community Features: Basketball Court, Gated, Playground, Park, Pool
  • Amenities: Gated
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Maintenance Grounds, Pool(s), Recreation Facilities

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Interior Lot, Level, Subdivision
  • Lot Size Sq Ft: 8451.0
  • Zoning Description: Deed Restrictions,Resid Single Family

Tax Info

  • Tax Annual Amount: 617.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Mar 11, 2024
Sold by
Shany Ido
Bought by
Walstad David George and Vo Suong Thi
Seller's Agent
Sully Tariq
CENTURY 21 Commander Realty
Buyer's Agent
Jen LaChance
SimpliHOM
List Price
$115,000
Sold Price
$67,500
Premium/Discount to List
-$47,500
-41.3%
Views
52
Current Estimated Value
$184,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,833
Avg. Annual Appreciation
85.21%

Purchase Details

Closed on
Jun 12, 2015
Sold by
Malerba Anthony
Bought by
Shany Ido

Purchase Details

Closed on
Jul 23, 2013
Sold by
Centennial Bank
Bought by
Malerba Anthony

Purchase Details

Closed on
Sep 8, 2011
Sold by
Mack Bryan C and Burchfield Christopher
Bought by
Centennial Bank

Purchase Details

Closed on
Feb 21, 2007
Sold by
Dufour Mark and Farr Sharon
Bought by
Mack Bryan and Burchfield Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,839
Interest Rate
6.19%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 7, 2005
Sold by
Shirley Michael R
Bought by
Mack Bryan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
5.71%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 21, 2004
Sold by
Andrews Hill Llc
Bought by
Shirley Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,158
Interest Rate
6%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 26, 2003
Sold by
Bentley Tracy E
Bought by
Andrews Hill Llc

Purchase Details

Closed on
Jan 31, 2003
Sold by
Andrews Hill Llc
Bought by
Bentley Tracy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,250
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Walstad David George $67,500 South Oak Title
Shany Ido $33,000 Cornerstone Title Agency Inc
Malerba Anthony $27,500 Bay National Title Co
Centennial Bank $20,100 None Available
Mack Bryan $92,200 Trust Land & Title Svcs Llc
Mack Bryan C $167,000 Lawyers Title Ins Corp
Shirley Michael R $94,500 --
Andrews Hill Llc $56,700 --
Bentley Tracy E $44,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mack Bryan $325,839
Previous Owner Mack Bryan C $142,000
Previous Owner Shirley Michael R $96,158
Previous Owner Bentley Tracy E $40,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2024 03/11/24 Sold $67,500 -20.6% --
02/21/2024 02/21/24 Pending -- -- --
11/29/2023 11/29/23 Price Changed $85,000 -10.5% --
11/06/2023 11/06/23 Price Changed $95,000 -9.5% --
08/28/2023 08/28/23 Price Changed $105,000 -8.7% --
05/19/2023 05/19/23 For Sale $115,000 -- --
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 $780 $56,002 -- --
2023 $780 $77,000 $77,000 $0
2022 $617 $46,283 $0 $0
2021 $505 $42,075 $42,075 $0
2020 $499 $43,350 $43,350 $0
2019 $440 $36,125 $36,125 $0
2018 $401 $32,076 $0 $0
2017 $377 $29,920 $0 $0
2016 $360 $28,050 $0 $0
2015 $331 $25,075 $0 $0
2014 -- $25,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 741668

Central Panhandle Association of REALTORS®

APN: 31183-507-000