NOT LISTED FOR SALE

Watercrest Condo 6201 Thomas Dr Unit 1505 Panama City, FL 32408

Estimated Value: $564,000 - $715,000

2 Beds
2 Baths
1,379 Sq Ft
$716/mo HOA Fee

Last Sold September 28, 2018

Last sale price $324,000 $235 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $4,431/month

8 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Heated In Ground Pool
  • J.R. Arnold High School Rated A-
  • Deeded access to the beach
  • Clubhouse

About This Home

As of September 2018

This unit has numerous upgrades and the Complex has recently undergone a several million dollar upgrade. Enjoy the view and sunsets from this large balcony on the 15th floor. The Watercrest's amenities include a large swimming pool (heated seasonally) with expansive sun decks, hot tub, baby pool, lighted tennis court, shuffleboard court, indoor racquet ball court, exercise room, snack bar (open seasonally) and extensive beach service (offered seasonally). On-site rental program.All information is believed to be correct but should be verified by the Buyer.

Last Agent to Sell the Property

Fred Peak

Realty Mark Associates License #3229866 Listed on: 08/20/2018

Last Buyer's Agent

Tony Green

Keller Williams Success Realty License #SL3334154

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,788

Year Built

  • Built in 1987

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $716 Monthly HOA Fees

Parking

  • Parking Permit Required

Home Design

  • Stucco

Interior Spaces

  • 1,379 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Dining Room
  • Storage

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include management, clubhouse, cable TV, insurance, internet, ground maintenance, pest control, pool(s), sewer, security, tennis courts, trash, water
  • High-Rise Condominium
  • Watercrest Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Game Room
  • Elevator

Recreation

  • Beach
  • Community Spa

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,788

Year Built

Built in 1987

Lot Details

0

HOA Fees

$716 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Property Sub Type: Condominium
  • Road Surface Type: Paved
  • Subdivision Name: Watercrest Condo
  • Architectural Style: High Rise
  • Unit Levels: One
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Range Hood, Self Cleaning Oven, Washer
  • Interior Amenities: Breakfast Bar, Pantry, Recessed Lighting, Split Bedrooms, Storage
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1379.0
  • Dining Room Type: Bedroom, Dining Room, Kitchen, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Gunite, Gas Heat, In Ground, Community, Pool
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand, Waterfront
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Built-in Barbecue, Balcony, Pool
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Permit Required

Utilities

  • Utilities: Electricity Connected, Water Available, Water Connected
  • Security Features: Smoke Detector(s), Security Service
  • 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: 2148.0
  • Community Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Game Room, Other, Pool, See Remarks, Waterfront
  • Amenities: Beach Rights
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Cable TV, Insurance, Internet, Maintenance Grounds, Other, Pest Control, Pool(s), Sewer, See Remarks, Security, Tennis Courts, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront
  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 2788.0
  • Tax Year: 2017

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2018
Closed on
Sep 27, 2018
Sold by
Waidelich Kirk R and Waidelich Patti J
Bought by
Starfish Beach Properties Llc
Seller's Agent
Fred Peak
Realty Mark Associates
Buyer's Agent
Tony Green
Keller Williams Success Realty
List Price
$330,000
Sold Price
$324,000
Premium/Discount to List
-$6,000
-1.82%
Current Estimated Value
$622,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,302
Avg. Annual Appreciation
9.85%
Original Mortgage
$200,000
Outstanding Balance
$174,770
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$447,532

Purchase Details

Listed on
Jun 25, 2016
Closed on
Sep 16, 2016
Sold by
Riley D David and Riley Allison B
Bought by
Waidelich Kirk R and Waidelich Patti J
Seller's Agent
Ivanette Free
Jim Free Realty LLC
Buyer's Agent
Fred Peak
Jim Free Realty LLC
List Price
$285,000
Sold Price
$274,000
Premium/Discount to List
-$11,000
-3.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$246,600
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2008
Sold by
Whiddon John K and Whiddon Rhonda M
Bought by
Riley D David and Riley Allison B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,467
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2006
Sold by
Alston Gordon B and Alston Sandy
Bought by
Whiddon John K and Whiddon Rhonda M

Purchase Details

Closed on
Feb 17, 2004
Sold by
Thomason Terry L and Thomason Dianne F
Bought by
Alston Gordon B and Alston Sandy

Purchase Details

Closed on
Feb 21, 2003
Sold by
Hartzog James E and Hartzog Mary E
Bought by
Thomason Terry L and Thomason Dianne F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2001
Sold by
Shiver Deborah M
Bought by
Hartzog James E and Hartzog Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,900
Interest Rate
7.18%
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
Starfish Beach Properties Llc $324,000 Diamond Title Agency Inc
Waidelich Kirk R $274,000 None Available
Riley D David $260,000 Diamond Title Agency Inc
Whiddon John K $379,900 None Available
Alston Gordon B $320,000 --
Thomason Terry L $263,000 Lawyers Title Agency Of Nort
Hartzog James E $231,000 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starfish Beach Properties Llc $200,000
Previous Owner Waidelich Kirk R $246,600
Previous Owner Riley D David $243,467
Previous Owner Thomason Terry L $58,924
Previous Owner Thomason Terry L $153,000
Previous Owner Hartzog James E $207,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Off Market $274,000 -- --
06/20/2022 06/20/22 Off Market $324,000 -- --
09/28/2018 09/28/18 Sold $324,000 -1.8% $235 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $330,000 +20.4% $239 / Sq Ft
09/15/2016 09/15/16 Sold $274,000 -3.9% $199 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
06/25/2016 06/25/16 For Sale $285,000 -- $207 / 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 $4,266 $278,879 -- --
2023 $4,266 $253,526 $0 $446,250
2022 $3,730 $230,478 $0 $0
2021 $2,553 $209,525 $0 $209,525
2020 $2,589 $209,525 $0 $209,525
2019 $2,406 $192,010 $0 $192,010
2018 $2,868 $225,895 $0 $0
2017 $2,788 $218,025 $0 $0
2016 $2,323 $166,720 $0 $0
2015 $2,432 $151,564 $0 $0
2014 $1,856 $137,785 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Fred Peak

    Seller's Agent in 2018

    Fred Peak

    Realty Mark Associates

    (850) 776-7522

    9 in this area

    21 Total Sales

    Fred Peak
    Section Image

  • T

    Buyer's Agent in 2018

    Tony Green

    Keller Williams Success Realty

  • Ivanette Free

    Seller's Agent in 2016

    Ivanette Free

    Jim Free Realty LLC

    (850) 890-9250

    60 in this area

    96 Total Sales

    Ivanette Free
    Section Image

  • A

    Seller Co-Listing Agent in 2016

    Abbi Ratliff

    Jim Free Realty LLC

See All Agents

About Watercrest Condo

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 675528

Central Panhandle Association of REALTORS®

APN: 30585-335-000

Florida Bay County Panama City 32408

6201 Thomas Dr Unit 1505, Panama City, FL

This home is located at 6201 Thomas Dr Unit 1505, Panama City, FL 32408 since 20 August 2018 and is currently estimated at $622,302, approximately $451 per square foot. This property was built in 1987. 6201 Thomas Dr Unit 1505 is a home located in Bay County with nearby schools including J.R. Arnold High School, Surfside Middle School, and Patronis Elementary 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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