NOT LISTED FOR SALE

Watercrest Condo 6201 Thomas Dr Unit 1707 Panama City, FL 32408

Estimated Value: $649,000 - $764,000

3 Beds
3 Baths
1,441 Sq Ft
$928/mo HOA Fee

Last Sold March 24, 2022

Last sale price $741,000 $514 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,423/month

5 Days on Market

Highlights

  • Property fronts gulf or ocean
  • In Ground Pool
  • Elevator
  • J.R. Arnold High School Rated A-
  • Furnished
  • Balcony

About This Home

As of March 2022

Beautiful gulf front condo at Watercrest with coastal decor and nicely furnished. Large balcony with lovely views of the Gulf of Mexico.

Last Agent to Sell the Property

Sandy Toney

Sand Dollar Beach Real Estate License #0632946 Listed on: 03/03/2022

Last Buyer's Agent

Heather Cole

Think Real Estate License #SL3521551

Think Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,613

Year Built

  • Built in 1987

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $928 Monthly HOA Fees

Interior Spaces

  • 1,441 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

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

Utilities

  • Central Air
  • Electric Water Heater

Community Details

Overview

  • Association fees include cable TV, sewer, trash, water
  • High-Rise Condominium
  • Watercrest Condo Subdivision

Amenities

  • Elevator

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,613

Year Built

Built in 1987

Lot Details

0

HOA Fees

$928 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Property Sub Type: Condominium
  • Lot Size: 0
  • Subdivision Name: Watercrest Condo
  • Architectural Style: High Rise
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Electric Range, Electric Water Heater, Refrigerator
  • Interior Amenities: Breakfast Bar
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 1441.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: In Ground, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Laundry Features: Stacked
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 2785.23
  • Community Features: Elevator, Other, See Remarks, Short Term Rental Allowed, Waterfront, Pool
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Cable TV, Sewer, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 3613.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Mar 24, 2022
Sold by
Michael G Pekarski Revocable Trust
Bought by
Groover William Donald and Groover Alicia
Seller's Agent
Sandy Toney
Sand Dollar Beach Real Estate
Buyer's Agent
Heather Cole
Think Real Estate
List Price
$725,000
Sold Price
$741,000
Premium/Discount to List
$16,000
2.21%
Current Estimated Value
$710,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,008
Avg. Annual Appreciation
-1.18%

Purchase Details

Closed on
Jul 9, 2021
Sold by
Gerdes Matthew and Gerdes Jennifer
Bought by
Pekarski Michael G and Pekarski Michael G

Purchase Details

Listed on
Oct 23, 2020
Closed on
Feb 15, 2021
Sold by
Gooden Donald K and Gooden Kimberly H
Bought by
Gerdes Matthew and Gerdes Jennifer
Seller's Agent
Skip Miller
Better Homes and Gardens Real Estate Emerald Coast
Buyer's Agent
Christopher Jennings
Walton Realty Company
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%

Purchase Details

Closed on
Dec 30, 2010
Sold by
Regions Bank
Bought by
Gooden Donald K and Gooden Kimberly H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
3.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 2, 2009
Sold by
Council Melba
Bought by
Regions Bank

Purchase Details

Closed on
Jun 17, 2005
Sold by
Holt Connie F and Holt Christopher C
Bought by
Council Melba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2005
Sold by
Holt Christopher C
Bought by
Holt Connie F

Purchase Details

Closed on
Jul 2, 2004
Sold by
Holt Ricky and Holt Connie F
Bought by
Holt Christopher C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2001
Sold by
1324691 Ontario Ltd
Bought by
Holt Rick and Holt Connie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
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
Groover William Donald $741,000 None Listed On Document
Pekarski Michael G $660,000 Mti Title Insurance Agcy Inc
Gerdes Matthew $525,000 Mti Title Insurance Agcy Inc
Gooden Donald K $229,500 None Available
Regions Bank -- None Available
Council Melba $570,000 Lawyers Title Agncy
Holt Connie F $200,000 --
Holt Christopher C $470,000 Lawyers Title Agency Of Nort
Holt Rick $285,000 Lawyers Title Agency N Fl In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gooden Donald K $206,500
Previous Owner Council Melba $500,000
Previous Owner Holt Christopher C $352,500
Previous Owner Holt Rick $256,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2022 10/04/22 Off Market $741,000 -- --
03/24/2022 03/24/22 Sold $741,000 +2.2% $514 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $725,000 +38.1% $503 / Sq Ft
02/15/2021 02/15/21 Sold $525,000 0.0% $364 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
10/23/2020 10/23/20 For Sale $525,000 -- $364 / 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 $8,489 $613,241 -- $613,241
2023 $8,489 $675,750 $0 $675,750
2022 $5,827 $500,315 $0 $500,315
2021 $3,613 $294,382 $0 $0
2020 $3,499 $301,608 $0 $301,608
2019 $3,037 $243,291 $0 $243,291
2018 $3,459 $260,689 $0 $0
2017 $3,249 $236,990 $0 $0
2016 $3,062 $215,445 $0 $0
2015 $2,967 $195,859 $0 $0
2014 $2,387 $178,054 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sandy Toney

    Seller's Agent in 2022

    Sandy Toney

    Sand Dollar Beach Real Estate

    (850) 258-7173

    25 in this area

    30 Total Sales

    Sandy Toney
    Section Image
  • Heather Cole

    Buyer's Agent in 2022

    Heather Cole

    Think Real Estate

    (315) 404-2959

    2 in this area

    120 Total Sales

    Heather Cole
    Section Image

  • S

    Buyer Co-Listing Agent in 2022

    Scott Kirkman

    Coastal Sun Realty LLC

  • S

    Seller's Agent in 2021

    Skip Miller

    Better Homes and Gardens Real Estate Emerald Coast

    (850) 337-1948

    1 in this area

    13 Total Sales

    Skip Miller
    Section Image

  • C

    Buyer's Agent in 2021

    Christopher Jennings

    Walton Realty Company

See All Agents

About Watercrest Condo

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 723201

Central Panhandle Association of REALTORS®

APN: 30585-357-000

Florida Bay County Panama City 32408

6201 Thomas Dr Unit 1707, Panama City, FL

This home is located at 6201 Thomas Dr Unit 1707, Panama City, FL 32408 since 03 March 2022 and is currently estimated at $710,992, approximately $493 per square foot. This property was built in 1987. 6201 Thomas Dr Unit 1707 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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