NOT LISTED FOR SALE

Regency Towers 5801 Thomas Dr Unit 626 Panama City Beach, FL 32408

Estimated Value: $551,783 - $732,000

3 Beds
2 Baths
1,560 Sq Ft
$603/mo HOA Fee

Last Sold September 18, 2023

Last sale price $637,500 $409 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $3,990/month

2 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Heated Pool
  • Patronis Elementary School Rated A-
  • Deeded access to the beach
  • 3-minute walk to Regency Towers Dog Run

About This Home

As of September 2023

STUNNING!! SUPERIOR!! BREATHTAKING!! EVERYTHING BRAND NEW!!! still does not fully describe this 3BD 2BA sunrise beach residence. This COMPLETELY RENOVATED/RECONSTRUCTED condo unquestionably EXCEEDS all other Regency Towers units! NOTHING in the ENTIRE panhandle comes close to comparing to the quality finishes and attention to detail this classy abode has to offer! Professional renovations welcome a new kitchen layout with a QUALITY custom-built island, brand new quartz countertops, tile backsplash, wine fridge, new sink & ALL new kitchen appliances, new washer/dryer, WALK IN tile shower, quartz vanities, LVP flooring throughout, shiplap accents & crown moulding. Buyer to verify all information deemed important.

Last Agent to Sell the Property

Larell Paradise

Christies International Real Estate Emerald Coast Listed on: 09/16/2023

Christies International Real Estate Emerald Coast

Last Buyer's Agent

Larell Paradise

Christies International Real Estate Emerald Coast Listed on: 09/16/2023

Christies International Real Estate Emerald Coast

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,764

Year Built

  • Built in 1975

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $603 Monthly HOA Fees

Interior Spaces

  • 1,560 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Heated Pool
  • Deeded access to the beach

Schools

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

Community Details

Overview

  • Association fees include management, clubhouse, insurance, internet, legal/accounting, ground maintenance, pest control, pool(s), trash
  • High-Rise Condominium
  • Regency Towers Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Game Room

Recreation

  • Beach
  • Park

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,764

Year Built

Built in 1975

Lot Details

0

HOA Fees

$603 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Property Sub Type: Condominium
  • Subdivision Name: Regency Towers
  • Architectural Style: High Rise
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1560.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Electric Heat, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Electricity Connected

Condo/Co-op/Association

  • Association Fee: 1808.68
  • Community Features: Barbecue, Beach, Clubhouse, Fitness Center, Game Room, Gated, Other, Park, Pool, Shopping, See Remarks, Short Term Rental Allowed, Waterfront
  • Amenities: Beach Rights, Game Room, Gated, Picnic Area
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Trash

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Furnished

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2023
Closed on
Sep 15, 2023
Sold by
Barker Richard Stanley and Barker Melissa Ann
Bought by
Fuller Michael Wayne and Fuller Jodi
Seller's Agent
Larell Paradise
Christies International Real Estate Emerald Coast
Buyer's Agent
Larell Paradise
Christies International Real Estate Emerald Coast
List Price
$694,000
Sold Price
$637,500
Premium/Discount to List
-$56,500
-8.14%
Views
3
Current Estimated Value
$546,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$91,392
Avg. Annual Appreciation
-7.66%
Original Mortgage
$375,388
Outstanding Balance
$369,106
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$178,371

Purchase Details

Closed on
Jun 20, 2008
Sold by
Trancynger John R and Trancynger Eileen M
Bought by
Bolding Vicki Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.04%
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
Fuller Michael Wayne $637,500 South Oak Title
Bolding Vicki Lynn $270,000 Dba Bay County Land & Abstra
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuller Michael Wayne $375,388
Previous Owner Bolding Vicki Lynn $240,000
Previous Owner Trancynger John R $65,000
Previous Owner Trancynger John R $100,000
Previous Owner Trancynger John R $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $637,500 -8.1% $409 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/16/2023 09/16/23 For Sale $694,000 -- $445 / 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 $4,764 $446,250 -- $446,250
2023 $4,764 $324,445 $0 $446,250
2022 $3,451 $294,950 $0 $294,950
2021 $2,726 $223,975 $0 $223,975
2020 $2,655 $223,975 $0 $223,975
2019 $2,388 $190,561 $0 $190,561
2018 $2,695 $200,558 $0 $0
2017 $2,338 $182,325 $0 $0
2016 $2,533 $194,225 $0 $0
2015 $2,464 $179,988 $0 $0
2014 $2,197 $163,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 746749

Central Panhandle Association of REALTORS®

APN: 32382-074-000