NOT LISTED FOR SALE

553 Wahoo Rd Panama City Beach, FL 32408

Estimated Value: $1,100,000 - $1,334,000

4 Beds
4 Baths
3,290 Sq Ft
$375/Sq Ft Est. Value

Sale Details

Date Sold: September 28, 2018

Last sale price $825,000 $251 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,414 / mo

74 Days on Market

Highlights

  • Docks
  • Boat Lift
  • Canal View
  • Patronis Elementary School Rated A-
  • In Ground Pool
  • Covered Patio or Porch

About This Home

As of September 2018

This home is light, bright and has been totally renovated(roof, floors, driveway, pool, plumbing, electrial, kitchen, dock and deck, just to name a few things) . Energy efficient(foam insulation and a metal reflective roof) and East of the Bridge(bring your big boat-three davits with 30 and 50 AMP power). Home has large stone fireplace, designer front glass doors, skylights, and lighted bookcases abound. There is a mirrored wet bar w/Mini Refrigerator and a ship-type galley pantry. The kitchen is a cook's dream with gas Viking cook top and oven, Slate Backsplash, Hands-free faucet and many other amenities. The heated, saltwater pool has two water features that illuminate different colors as they make a soothing sound into the beautiful pool. The pool deck overlooks the canal and has plenty of space for entertaining or just relaxing.

Last Agent to Sell the Property

David & Kelli Sims

Sims Resort Realty, Inc License #3263620 Listed on: 07/03/2018

Last Buyer's Agent

David & Kelli Sims

Sims Resort Realty, Inc License #3263620 Listed on: 07/03/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,902

Year Built

  • Built in 1976

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 48x112

Parking

  • 1 Car Garage

Home Design

  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Canal Views
  • Fire and Smoke Detector
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Boat Lift
  • Docks
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air

Community Details

  • Property has a Home Owners Association
  • Bay Point Unit 1 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,902

Year Built

Built in 1976

Lot Details

8,712 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1976
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.2
  • Lot Size: 48x112
  • Subdivision Name: Bay Point Unit 1
  • Architectural Style: Ranch
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Range
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Dining Room Type: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom

Exterior Features

  • Pool Features: In Ground, Pool
  • View: Canal
  • View: Yes
  • Waterfront: No
  • Exterior Features: Boat Lift, Dock
  • Patio And Porch Features: Porch, Covered, Patio
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Utilities: Electricity Available
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Association: Yes

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 5902.0
  • Tax Year: 2017

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2018
Closed on
Sep 28, 2018
Sold by
Lee Roger J and Lee Dawn M
Bought by
Ellison Donald Keith
Seller's Agent
David & Kelli Sims
Sims Resort Realty, Inc
Buyer's Agent
David & Kelli Sims
Sims Resort Realty, Inc
List Price
$990,000
Sold Price
$825,000
Premium/Discount to List
-$165,000
-16.67%
Current Estimated Value
$1,232,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,852
Avg. Annual Appreciation
5.38%

Purchase Details

Listed on
Feb 8, 2014
Closed on
Aug 22, 2014
Sold by
Knowles Mark D
Bought by
Lee Roger J and Lee Dawn M
Seller's Agent
Glenn Keebler
Bay Point Real Estate Co
Buyer's Agent
David & Kelli Sims
Sims Resort Realty, Inc
List Price
$664,000
Sold Price
$550,000
Premium/Discount to List
-$114,000
-17.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%
Original Mortgage
$417,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2011
Sold by
Fannie Mae
Bought by
Knowles Mark D

Purchase Details

Closed on
Jun 3, 2011
Sold by
Toole Gregory C and Toole Kathryn M
Bought by
Citimortgage Inc

Purchase Details

Closed on
Apr 8, 2002
Sold by
Marsland Stanton Delano and Marsland Angela Mary
Bought by
Toole Gregory C and Toole Kathryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,500
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Ellison Donald Keith $825,000 Mti Title Ins Agency Inc
Lee Roger J $550,000 Diamond Title Agency Inc
Knowles Mark D $300,000 Title & Abstract Agency Of A
Citimortgage Inc -- None Available
Toole Gregory C $395,000 Lawyers Title Agency N Fl In
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Lee Roger J $417,000
Previous Owner Toole Gregory C $355,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2022 06/20/22 Off Market $550,000 -- --
06/20/2022 06/20/22 Off Market $825,000 -- --
09/28/2018 09/28/18 Sold $825,000 -16.7% $251 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $990,000 +80.0% $301 / Sq Ft
08/22/2014 08/22/14 Sold $550,000 -17.2% $167 / Sq Ft View Prior Sale
07/23/2014 07/23/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $664,000 -- $202 / Sq Ft
Source: Central Panhandle Association of REALTORS®

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
2025 $8,912 $696,587 -- --
2024 $8,342 $633,261 -- --
2023 $8,342 $777,112 $313,236 $463,876
2022 $7,829 $673,444 $259,776 $413,668
2021 $7,695 $638,301 $234,352 $403,949
2020 $7,317 $598,145 $237,600 $360,545
2019 $7,319 $590,785 $226,512 $364,273
2018 $6,088 $483,200 $0 $0
2017 $5,902 $465,173 $0 $0
2016 $6,058 $468,776 $0 $0
2015 $6,274 $472,379 $0 $0
2014 $5,139 $423,779 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David & Kelli Sims

    Seller's Agent in 2018

    David & Kelli Sims

    Sims Resort Realty, Inc

    (850) 294-8379

    22 in this area

    135 Total Sales

    David & Kelli Sims
    Section Image

  • G

    Seller's Agent in 2014

    Glenn Keebler

    Bay Point Real Estate Co

    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 673575

Central Panhandle Association of REALTORS®

APN: 30933-396-000

Florida Bay County Panama City Beach 32408

553 Wahoo Rd, Panama City Beach, FL

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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