NOT LISTED FOR SALE

Watercrest Condo 6201 Thomas Dr Unit 1605 Floor 16 Panama City, FL 32408

Lower Grand Lagoon Area

Estimated Value: $527,000 - $618,000

2 Beds
2 Baths
1,379 Sq Ft
1987 Built

Sale Details

Date Sold: June 22, 2022

Last sale price $595,000 $431 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,784 / mo

8 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • 24-Hour Security
  • Patronis Elementary School Rated A-
  • Deeded access to the beach
  • Heated In Ground Pool

About This Home

As of June 2022

'CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS' - NEW, NEW, NEW!!! Look at the pictures of the remodeled kitchen, dining area, living room and guest bathroom. This place is beautiful to say the least. Master bedroom has floor to ceiling glass that over looks the huge balcony and on to the beach. You cant get any better than this. Watercrest Condominium just went through some very major upgrades as well. New roof, paint, windows, glass sliders, pool and pool deck, hot tub redone as well. Best part is that the beach renourishment just got completed and you now have a new beach as well. Solid HOA with money in reserves as well. Come see this unit today.

Last Agent to Sell the Property

Eric Henderson

Sandcastle Realty Services License #3031365 Listed on: 04/20/2022

Last Buyer's Agent

Sassy French

Keller Williams Success Realty License #SL3401216

Keller Williams Success Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,553

Year Built

  • Built in 1987

Lot Details

  • Property fronts gulf or ocean

Home Design

  • Entry on the 16th floor

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Stacked Washer and Dryer

Kitchen

  • Electric Cooktop
  • Ice Maker

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Whole House Fan
  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • 174 Units
  • High-Rise Community
  • Watercrest Condo Subdivision
  • 18-Story Property

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Beach
  • Fishing

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,553

Year Built

Built in 1987

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Property Sub Type: Condominium
  • Subdivision Name: Watercrest Condo
  • Architectural Style: High Rise
  • Entry Level: 16
  • Building Stories: 18
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 18

Interior Features

  • Appliances: Washer/Dryer Stacked, Electric Cooktop, Electric Water Heater, Ice Maker
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: Living Room, Primary Bedroom
  • Stories: 18

Exterior Features

  • Pool Features: Fenced, Electric Heat, In Ground, Community, Pool
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand
  • Waterfront: Yes
  • Exterior Features: Barbecue, Patio, Outdoor Shower
  • Patio And Porch Features: Balcony, Covered, Open, Patio, Porch

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Available
  • Security Features: 24 Hour Security, Security Service
  • Cooling: Central Air, Ceiling Fan(s), Whole House Fan
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Beach, Elevator, Fitness Center, Fishing, Pool, Tennis Court(s), Barbecue, Short Term Rental Allowed
  • Amenities: Other, See Remarks, Beach Rights, Barbecue
  • Association: Yes

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Development Status: Remodeled/Upgraded
  • Mobile Dim Units: Feet
  • Zoning Description: Resort

Multi Family

  • Number Of Units Total: 174
  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 2553.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 17, 2022
Sold by
Bought by
Seller's Agent
Eric Henderson
Sandcastle Realty Services
Buyer's Agent
Sassy French
Keller Williams Success Realty
List Price
$629,000
Sold Price
$595,000
Premium/Discount to List
-$34,000
-5.41%
Current Estimated Value
$589,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,865
Avg. Annual Appreciation
-0.24%
Original Mortgage
$395,000
Outstanding Balance
$371,059
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$218,076

Purchase Details

Closed on
Nov 21, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,150
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2003
Sold by
Bought by

Purchase Details

Closed on
Oct 31, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,600
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Panama City, FL

  • Amanda Cialoni Real Estate Agent - Seashore Realty LLC

    Amanda Cialoni

    Seashore Realty LLC

    (850) 788-2793

    94 Total Sales

    7 in Lower Grand Lagoon

    $280K - $540K Price Range

    Amanda Cialoni
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  • Samantha Tuno Holden Real Estate Agent - Sunspot Realty, LLC

    Samantha Tuno Holden

    Responds Quickly

    Sunspot Realty, LLC

    (850) 640-6828

    54 Total Sales

    1 in Lower Grand Lagoon

    $1,995,000 Price

    Samantha Tuno Holden
     Section Image
  • January Johnson Real Estate Agent - EXP Realty LLC

    January Johnson

    Responds Quickly

    EXP Realty LLC

    (850) 771-4932

    121 Total Sales

    21 in Lower Grand Lagoon

    $323K - $1.1M Price Range

    January Johnson
     Section Image
  • Laurie McKay Real Estate Agent - Coastal Living Realty & Associates

    Laurie McKay

    Coastal Living Realty & Associates

    (850) 818-8961

    39 Total Sales

    1 in Lower Grand Lagoon

    $270,000 Price

    Laurie McKay
     Section Image
  • Jen LaChance Real Estate Agent - SimpliHOM

    Jen LaChance

    SimpliHOM

    (573) 490-3582

    27 Total Sales

    5 in Lower Grand Lagoon

    $315K - $636K Price Range

    Jen LaChance
     Section Image
  • Paul LaCourse Real Estate Agent - Anchor Realty Florida

    Paul LaCourse

    Responds Quickly

    Anchor Realty Florida

    (850) 549-9719

    57 Total Sales

    1 in Lower Grand Lagoon

    $410,000 Price

    Paul LaCourse
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$595,000 Mti Title
$317,000 Diamond Title Agency Inc
$274,000 Isler & Associates Title Inc
$234,000 --
$210,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $395,000
Previous Owner $345,500
Previous Owner $301,150
Previous Owner $210,600
Previous Owner $199,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/20/2022 09/20/22 Off Market $595,000 -- --
06/22/2022 06/22/22 Sold $595,000 -5.4% $431 / Sq Ft
04/20/2022 04/20/22 For Sale $629,000 -- $456 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,582 $539,963
2024 $5,619 $490,875
2023 $5,619 $446,250 $0 $446,250
2022 $3,678 $221,904 $0 $0
2021 $2,553 $209,525 $0 $209,525
2020 $2,576 $209,525 $0 $209,525
2019 $2,406 $192,010 $0 $192,010
2018 $2,713 $201,731 $0 $0
2017 $2,571 $183,392 $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

  • E

    Seller's Agent in 2022

    Eric Henderson

    Sandcastle Realty Services

    Section Image
  • Sassy French Real Estate Agent - Keller Williams Success Realty

    Buyer's Agent in 2022

    Sassy French

    Keller Williams Success Realty

    (865) 617-6184

    62 Total Sales

    Sassy French
    Section Image
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About Watercrest Condo

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 725372

Central Panhandle Association of REALTORS®

APN: 30585-345-000

Florida Bay County Panama City 32408

6201 Thomas Dr Unit 1605, Panama City, FL

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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