5408 Lagoon Way Unit 5 Panama City, FL 32408
2
Beds
1
Bath
750
Sq Ft
0.59
Acres
Highlights
- 0.59 Acre Lot
- Coastal Architecture
- No HOA
- Patronis Elementary School Rated A-
- Vaulted Ceiling
- Central Heating and Cooling System
About This Home
As of June 2025CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Beautifully located between the Beach and Lagoon. This 2-bedroom beach cottage has been completely updated. Improvements include, new Hardie siding; new deck; new interior & exterior doors; cabinetry, granite countertops, and tile backsplash; tile walk-in shower; stainless appliances; washer/dryer; light fixtures...nothing overlooked!Ready for your personal touches to become a great beach getaway or rental. Perfect location, near Beach, Lagon, marinas, Navy base, Hathaway Bridge. No HOA!
Last Agent to Sell the Property
REMAX By The Sea License #sl3130077 Listed on: 03/17/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,214
Year Built
- Built in 1983
Lot Details
- 0.59 Acre Lot
- Lot Dimensions are 45x71
Home Design
- Coastal Architecture
- HardiePlank Type
Interior Spaces
- 750 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Family Room
- Stacked Washer and Dryer
Kitchen
- Electric Range
- Ice Maker
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Patronis Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2025
Closed on
Jun 20, 2025
Sold by
Riddle Donnie O and Riddle Donald O
Bought by
Curry Kristin Natalie
Seller's Agent
Lisa Sample
REMAX By The Sea
Buyer's Agent
Cody Smith
EXP Realty LLC
List Price
$299,900
Sold Price
$251,250
Premium/Discount to List
-$48,650
-16.22%
Views
78
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.52%
Original Mortgage
$201,000
Outstanding Balance
$200,832
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$57,429
Purchase Details
Closed on
Sep 5, 2024
Sold by
Hernandez Jacqueline N and Hagerty Coralee J
Bought by
Riddle Donald O and Riddle Carolyn J
Purchase Details
Closed on
Aug 2, 2005
Sold by
Libby Donald Richard and Libby Carol Ann
Bought by
Sims Sylvia E
Similar Homes in Panama City, FL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $251,250 | Southern Coast Title Llc | |
| Warranty Deed | $251,250 | Southern Coast Title Llc | |
| Certificate Of Transfer | $112,600 | -- | |
| Warranty Deed | $91,500 | Vision Title Panama City Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $201,000 | New Conventional | |
| Closed | $201,000 | New Conventional | |
| Previous Owner | $120,898 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | Sold | $251,250 | +0.5% | $335 / Sq Ft |
| 04/08/2025 04/08/25 | Price Changed | $249,900 | -10.4% | $333 / Sq Ft |
| 03/24/2025 03/24/25 | Price Changed | $279,000 | -7.0% | $372 / Sq Ft |
| 03/17/2025 03/17/25 | For Sale | $299,900 | -- | $400 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Tax History Compared to Growth
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 | $1,214 | $95,521 | $40,964 | $54,557 |
| 2023 | $1,214 | $93,933 | $39,018 | $54,915 |
| 2022 | $269 | $44,758 | $0 | $0 |
| 2021 | $240 | $41,716 | $0 | $0 |
| 2020 | $236 | $41,140 | $0 | $0 |
| 2019 | $258 | $42,689 | $0 | $0 |
| 2018 | $251 | $41,893 | $0 | $0 |
| 2017 | $242 | $41,031 | $0 | $0 |
| 2016 | $246 | $41,046 | $0 | $0 |
| 2015 | $338 | $47,599 | $0 | $0 |
| 2014 | $371 | $50,270 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Sample
L
Seller's Agent in 2025
Lisa Sample
RE/MAX
(850) 527-5492
1 in this area
42 Total Sales
-
Cody Smith
C
Buyer's Agent in 2025
Cody Smith
EXP Realty LLC
(888) 959-9461
1 in this area
24 Total Sales
Map
Source: Central Panhandle Association of REALTORS®
MLS Number: 770522
APN: 31429-004-000
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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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