NOT LISTED FOR SALE

5816 S Lagoon Dr Panama City, FL 32408

Estimated Value: $1,339,546 - $1,409,000

5 Beds
4 Baths
3,279 Sq Ft
$416/Sq Ft Est. Value

Last Sold June 23, 2020

Last sale price $1,050,000 $320 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $8,457/month

44 Days on Market

Highlights

  • In Ground Pool
  • Gated Parking
  • Waterfront
  • Patronis Elementary School Rated A-
  • Lagoon View
  • Mediterranean Architecture

About This Home

As of June 2020

Immaculate waterfront home on the lagoon offering 3 stories of gorgeous views, 4 bedrooms, over 3,200 sqft, & saltwater pool. Step inside, the first floor you will find an oversized laundry room, full size bathroom (leading to pool area), and spacious garage. The second floor features hardwood floors throughout the open living, dining and kitchen area. The kitchen is a cook's dream with ample counter space & storage, large breakfast bar, island, stainless steel appliances, commercial dishwasher, granite counter-tops, and pull out shelves behind the custom cabinets. The second level has two balconies to enjoy and built-in speakers. Tired of the stairs, take the elevator that goes to all three levels.

Last Agent to Sell the Property

Tessanna Neel

Coldwell Banker Realty License #3324922 Listed on: 05/01/2020

Coldwell Banker Realty

Co-Listed By

Keyela Hampton

Coldwell Banker Realty License #SL3381458

Last Buyer's Agent

Cindy Shoemaker

Beachside Resorts Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,956

Year Built

  • Built in 2006

Lot Details

  • 7,231 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Waterfront
  • Fenced

Home Design

  • Mediterranean Architecture
  • Clay Roof
  • Stucco

Interior Spaces

  • 3,279 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Ceiling Fan
  • Plantation Shutters
  • Living Room
  • Home Office
  • Storage
  • Lagoon Views

Kitchen

  • Double Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • Gated Parking

Pool

  • In Ground Pool
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Water Heaters

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,956

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Detached
  • Lot Size Acres: 0.17
  • Lot Size: 50 x 125
  • Road Surface Type: Paved
  • Co List Office Mls Id: BSA2
  • Co List Office Phone: (850) 234-6696
  • Subdivision Name: [No Recorded Subdiv]
  • Architectural Style: Mediterranean
  • Unit Levels: Three Or More
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Double Oven, Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Washer, Multiple Water Heaters
  • Interior Amenities: Elevator, Kitchen Island, Pantry, Storage, Shutters
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Living Area: 3279.0
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Office
  • Window Features: Plantation Shutters
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Fenced, In Ground, Other, Pool
  • Fencing: Fenced, Full, Privacy
  • View: Lagoon
  • View: Yes
  • Waterfront Features: Boat Ramp/Lift Access, Dock Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Balcony, Outdoor Shower, Patio
  • Patio And Porch Features: Balcony
  • Roof: Clay

Garage/Parking

  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Gated, Other, Oversized
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Other, See Remarks
  • Cooling: Central Air, Ceiling Fan(s), Electric, Multi Units, Other, See Remarks
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Other, Waterfront
  • Lot Size Sq Ft: 7231.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Annual Amount: 6956.0
  • Tax Year: 2019

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Jun 23, 2020
Sold by
Smith Michael C and Smith Donna L
Bought by
Romanyak John
Seller's Agent
Tessanna Neel
Coldwell Banker Realty
Buyer's Agent
Cindy Shoemaker
Beachside Resorts Inc
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Current Estimated Value
$1,364,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,849
Avg. Annual Appreciation
5.19%

Purchase Details

Listed on
Mar 13, 2017
Closed on
May 12, 2017
Sold by
Sasser Alethea Jean
Bought by
Smith Michael C and Smith Donna L
Seller's Agent
Kristen Barr
Counts Real Estate Group Inc
Buyer's Agent
Tessanna Neel
Keller Williams Success Realty
List Price
$779,000
Sold Price
$688,000
Premium/Discount to List
-$91,000
-11.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.51%
Original Mortgage
$525,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2003
Sold by
Sasser Alethea
Bought by
Sasser Althea J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Romanyak John $1,050,000 First International Ttl Inc
Smith Michael C $688,000 Attorney
Sasser Althea J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Michael C $646,000
Previous Owner Smith Michael C $525,000
Previous Owner Sasser King Alethea J $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $688,000 -- --
06/20/2022 06/20/22 Off Market $1,050,000 -- --
06/23/2020 06/23/20 Sold $1,050,000 -12.5% $320 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $1,200,000 +74.4% $366 / Sq Ft
05/12/2017 05/12/17 Sold $688,000 -11.7% $210 / Sq Ft
04/01/2017 04/01/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $779,000 -- $238 / 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 $12,239 $1,006,467 $267,894 $738,573
2023 $12,239 $975,718 $227,700 $748,018
2022 $10,792 $929,625 $218,443 $711,182
2021 $10,708 $889,549 $193,050 $696,499
2020 $6,908 $602,330 $143,550 $458,780
2019 $6,956 $599,235 $134,244 $464,991
2018 $6,951 $589,903 $0 $0
2017 $4,694 $406,736 $0 $0
2016 $4,742 $403,668 $0 $0
2015 $4,875 $403,237 $0 $0
2014 $4,935 $408,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tessanna Neel

    Coldwell Banker Realty

    Section Image
  • Keyela Hampton

    Seller Co-Listing Agent in 2020

    Keyela Hampton

    Coldwell Banker Realty

    (850) 209-2160

    4 in this area

    71 Total Sales

    Keyela Hampton
    Section Image

  • C

    Buyer's Agent in 2020

    Cindy Shoemaker

    Beachside Resorts Inc

  • S

    Buyer Co-Listing Agent in 2020

    Scott Seidler

    Weekly Homes Realty Company

  • Scott Seidler - TheConnectionTeam

    Buyer Co-Listing Agent in 2020

    Scott Seidler - TheConnectionTeam

    Keller Williams Success Realty

    (850) 774-5007

    30 in this area

    223 Total Sales

    Scott Seidler - TheConnectionTeam
    Section Image

  • K

    Seller's Agent in 2017

    Kristen Barr

    Counts Real Estate Group Inc

    (850) 832-3728

    41 Total Sales

    Kristen Barr
    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 697004

Central Panhandle Association of REALTORS®

APN: 32074-000-000

Florida Bay County Panama City 32408

5816 S Lagoon Dr, Panama City, FL

This home is located at 5816 S Lagoon Dr, Panama City, FL 32408 since 01 May 2020 and is currently estimated at $1,364,849, approximately $416 per square foot. This property was built in 2006. 5816 S Lagoon Dr is a home located in Bay County with nearby schools including Patronis Elementary School, J.R. Arnold High School, and Surfside Middle School.

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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