NOT LISTED FOR SALE

Watercrest Condo 6201 Thomas Dr Unit 1502 Panama City, FL 32408

Estimated Value: $571,000 - $739,000

2 Beds
2 Baths
1,400 Sq Ft
$724/mo HOA Fee

Last Sold February 25, 2012

Last sale price $155,000 $111 Per Sq Ft

Est. 309% increase in value since last sale

Current estimated payment $4,552/month

14 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Sauna
  • J.R. Arnold High School Rated A-
  • Clubhouse
  • Furnished

About This Home

As of February 2012

Gulf front condo in the popular Watercrest Condo complex. This 2 bedroom, 2 bath unit has been remodeled with new Kitchen appliances, cabinets and counter-tops. You'll love the hardwood floors in the Living and Dining Rooms and Kitchen. Watercrest has a dedicated beach, community room, exercise room, game room, pool, whirlpool and tennis courts. All info approx and must be verified by Buyers if important.

Last Agent to Sell the Property

Scott Ingraham

Scott Ingraham Real Estate License #0644654 Listed on: 02/28/2011

Last Buyer's Agent

Ivanette Free

Coldwell Banker Residential Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,529

Year Built

  • Built in 1987

Lot Details

  • 392

HOA Fees

  • $724 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Schools

  • Hutchison Beach Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • Property fronts gulf or ocean

Community Details

Overview

  • Association fees include management, cable TV, insurance, legal/accounting, ground maintenance, pest control, recreation facilities, sewer, trash, water
  • Low-Rise Condominium
  • Watercrest Condo Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Game Room
  • Elevator

Recreation

  • Beach
  • Community Spa

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,529

Year Built

Built in 1987

Lot Details

0

HOA Fees

$724 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Property Sub Type: Condominium
  • Lot Size: NO LAND
  • Road Surface Type: Paved
  • Subdivision Name: Watercrest Condo
  • Architectural Style: Low Rise
  • Unit Levels: One
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: 4108
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Range Hood, Self Cleaning Oven
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1400.0
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Kitchen, Primary Bathroom, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony
  • Roof: Tile

Garage/Parking

  • Parking Features: Other

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2171.0
  • Community Features: Beach, Clubhouse, Elevator, Fitness Center, Game Room, Other, Sauna, See Remarks, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Sewer, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished
  • Lease Term: Weekly

Tax Info

  • Tax Annual Amount: 2529.0
  • Tax Year: 2010

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2022
Sold by
Ann Street Elizabeth
Bought by
Street Elizabeth Ann and Street David Patrick
Current Estimated Value
$633,687

Purchase Details

Listed on
Feb 28, 2011
Closed on
Feb 16, 2012
Sold by
M & S Investment Properties Llc
Bought by
Street Elizabeth Ann
Seller's Agent
Scott Ingraham
Scott Ingraham Real Estate
Buyer's Agent
Ivanette Free
Coldwell Banker Residential Real Estate
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.95%

Purchase Details

Closed on
Oct 1, 2004
Sold by
Mcsparin Mark
Bought by
M & S Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2004
Sold by
Hardy Ronald E
Bought by
Mcsparin Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.63%
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
Street Elizabeth Ann -- None Listed On Document
Street Elizabeth Ann $155,000 Weston Title & Escrow Inc
M & S Investment Properties Llc $550,000 Diamond Title Agency Inc
Mcsparin Mark $535,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner M & S Investment Properties Llc $424,000
Previous Owner Mcsparin Mark C $296,000
Previous Owner Mcsparin Mark $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $155,000 -- --
02/25/2012 02/25/12 Sold $155,000 -6.1% $111 / Sq Ft
03/14/2011 03/14/11 Pending -- -- --
02/28/2011 02/28/11 For Sale $165,000 -- $118 / 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 $4,818 $310,556 -- --
2023 $4,818 $509,958 $0 $509,958
2022 $3,982 $256,658 $0 $0
2021 $3,238 $239,975 $0 $0
2020 $3,151 $294,780 $0 $294,780
2019 $2,483 $198,326 $0 $198,326
2018 $2,961 $233,325 $0 $0
2017 $2,766 $216,325 $0 $0
2016 $2,758 $197,472 $0 $0
2015 $2,572 $179,520 $0 $0
2014 $2,191 $163,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 414782

Central Panhandle Association of REALTORS®

APN: 30585-332-000