NOT LISTED FOR SALE

5835 S Lagoon Dr Panama City Beach, FL 32408

Estimated Value: $323,000 - $379,000

2 Beds
2 Baths
1,014 Sq Ft
$347/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $244,000 $241 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,181/month

16 Days on Market

Highlights

  • Lagoon View
  • Coastal Architecture
  • Furnished
  • Patronis Elementary School Rated A-
  • Corner Lot
  • No HOA

About This Home

As of July 2021

Waterview property near the Grand Lagoon! Boat launch and fishing within steps of the front porch. This never-rented second home has been in the family since it was built and has been lovingly cared for. Recent updates include new metal roof, new vinyl siding, new windows, new sliding glass doors, and new septic. Rare opportunity to own a true beach cottage. This two bedroom, two bath house would make an excellent primary home, secondary home, short-term or long term rental! The oversized lot has plenty of extra space for a building, garage, concrete pad, and Boat Parking! Located close to the Marina, Restaurants, and a short 5-7 minute walk to the White Sandy Beach.

Last Agent to Sell the Property

Joan Winchell

Counts Real Estate Group Inc Listed on: 10/23/2020

Last Buyer's Agent

Joan Winchell

Bay to 30A Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,316

Year Built

  • Built in 1973

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 100x40x150x60
  • Corner Lot

Home Design

  • Coastal Architecture
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,014 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room
  • Lagoon Views

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Oversized Parking
  • Unpaved Parking

Schools

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

Utilities

  • Window Unit Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Biltmore Beach 1St Add Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,316

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Detached
  • Lot Size Acres: 0.16
  • Lot Size: 100x40x150x60
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Biltmore Beach 1st Add
  • Architectural Style: Coastal
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1014.0
  • Dining Room Type: Bedroom, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • ResoLivingAreaSource: Owner

Exterior Features

  • View: Lagoon
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Roof: Metal

Garage/Parking

  • Parking Features: No Garage, Oversized, Unpaved
  • Garage: No

Utilities

  • Utilities: Electricity Connected, Septic Available, Trash Collection, Water Connected
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6970.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 1316.0
  • Tax Year: 2019

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Jul 8, 2021
Sold by
Merritt Billy Joe and Merritt Susan Page
Bought by
Needy James A
Seller's Agent
Joan Winchell
Counts Real Estate Group Inc
Buyer's Agent
Joan Winchell
Bay to 30A Realty
List Price
$269,000
Sold Price
$244,000
Premium/Discount to List
-$25,000
-9.29%
Current Estimated Value
$351,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,444
Avg. Annual Appreciation
9.21%

Purchase Details

Closed on
Oct 9, 2020
Sold by
Merritt Billy Joe and Merritt James Bailey
Bought by
Merritt Billy Joe and Merritt Susan Page

Purchase Details

Closed on
Sep 20, 2018
Sold by
Merritt Patricia B and Merritt Patricia A
Bought by
Merritt Patricia B and Merritt Billy Joe

Purchase Details

Closed on
Jun 1, 2017
Sold by
Merritt Billy Joe and Merritt Patricia B
Bought by
Merritt Billy Joe and Merritt Patricia B
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
Needy James A $244,000 Attorney
Merritt Billy Joe -- Accommodation
Merritt Patricia B -- Attorney
Merritt Billy Joe -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2022 07/24/22 Off Market $244,000 -- --
07/08/2021 07/08/21 Sold $244,000 -9.3% $241 / Sq Ft
11/08/2020 11/08/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $269,000 -- $265 / 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 $3,193 $265,627 -- --
2023 $3,193 $241,479 $169,887 $96,067
2022 $2,579 $219,526 $122,304 $97,222
2021 $1,599 $125,338 $0 $0
2020 $1,441 $116,351 $87,196 $29,155
2019 $1,316 $103,585 $74,102 $29,483
2018 $1,270 $98,269 $0 $0
2017 $1,186 $90,967 $0 $0
2016 $1,193 $89,813 $0 $0
2015 $1,213 $88,856 $0 $0
2014 $1,213 $88,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 703610

Central Panhandle Association of REALTORS®

APN: 32195-000-000