NOT LISTED FOR SALE

Watercrest Condo 6201 Thomas Dr Unit 1805 Panama City, FL 32408

Estimated Value: $1,226,628 - $1,371,000

3 Beds
3 Baths
3,056 Sq Ft
$1,541/mo HOA Fee

Last Sold July 20, 2017

Last sale price $755,000 $247 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $9,347/month

84 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Clubhouse
  • J.R. Arnold High School Rated A-
  • Solar Heated In Ground Pool
  • Cathedral Ceiling

About This Home

As of July 2017

VERY RARE OPPORTUNITY to own a PENTHOUSE at Watercrest! UNIQUE large open floor plan with exquisite furnishings. This is a one of a kind condo with over 3,000 sq ft of waterfront living. Large wrap balcony on west side of building. Huge open living space featuring beautiful wood ceilings. There are 3 large bedrooms with 3 full bathrooms. Kitchen has a brand new stainless steel refrigerator and a new hot water heater. This unit has 2 HVAC's; with one being replaced approx. 3 yrs ago. Penthouse '18th' floor is accessible by key only for security has 4 units total that share a private swimming pool. Watercrest has just had a huge renovation. Like new again! There are also 2 assigned parking spaces! Make appointment to view before this one is SOLD!!

Last Agent to Sell the Property

Teresa Powell

Coldwell Banker Carroll Realty License #3230621 Listed on: 04/01/2017

Coldwell Banker Carroll Realty

Last Buyer's Agent

Teresa Powell

Coldwell Banker Carroll Realty License #3230621 Listed on: 04/01/2017

Coldwell Banker Carroll Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,944

Year Built

  • Built in 1987

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $1,541 Monthly HOA Fees

Home Design

  • Stucco

Interior Spaces

  • 3,056 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Assigned Parking

Outdoor Features

  • Solar Heated In Ground Pool
  • Balcony

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

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

Amenities

  • Clubhouse
  • Game Room
  • Elevator

Recreation

  • Beach
  • Community Spa

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,944

Year Built

Built in 1987

Lot Details

0

HOA Fees

$1,541 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: High Rise
  • Unit Levels: Three Or More
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Wet Bar, Breakfast Bar, Cathedral Ceiling(s), High Ceilings, Other, Pantry, Natural Woodwork
  • Spa Features: Community
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 3056.0
  • Dining Room Type: Dining Room, Full Bath, Kitchen, Living Room, Primary Bedroom
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: In Ground, Solar Heat, Community
  • Waterfront Features: Gulf, Other, Shoreline - Sand, See Remarks
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Assigned, Covered

Utilities

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

Condo/Co-op/Association

  • Association Fee: 4621.71
  • Community Features: Beach, Clubhouse, Elevator, Fitness Center, Game Room, Other, See Remarks, Tennis Court(s), Waterfront, Pool
  • Amenities: Game Room
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Recreation Facilities, Sewer, Security, Tennis Courts, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 4944.0
  • Tax Block: 0
  • Tax Year: 2016

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2017
Closed on
Jul 20, 2017
Sold by
Bridger Cecilia Ann
Bought by
Barr Gerrie C and Barr Pamela Helebn
Seller's Agent
Teresa Powell
Coldwell Banker Carroll Realty
Buyer's Agent
Teresa Powell
Coldwell Banker Carroll Realty
List Price
$850,000
Sold Price
$755,000
Premium/Discount to List
-$95,000
-11.18%
Current Estimated Value
$1,310,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,543
Avg. Annual Appreciation
7.00%

Purchase Details

Closed on
May 16, 2014
Sold by
First Tennessee Bank National Assn
Bought by
Bridger Cecilia Ann

Purchase Details

Closed on
May 19, 2003
Sold by
Bridger Marguerette B
Bought by
Bridger Margurette 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
Barr Gerrie C $755,000 First Intl Title Inc
Bridger Cecilia Ann -- Attorney
Bridger Margurette B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bridger Margurette B $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Off Market $755,000 -- --
07/20/2017 07/20/17 Sold $755,000 -11.2% $247 / Sq Ft
06/24/2017 06/24/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $850,000 -- $278 / 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 $9,873 $831,996 -- --
2023 $9,873 $756,360 $0 $825,120
2022 $7,993 $687,600 $0 $687,600
2021 $6,582 $545,487 $0 $545,487
2020 $6,676 $545,487 $0 $545,487
2019 $6,761 $545,487 $0 $545,487
2018 $8,073 $641,750 $0 $0
2017 $5,201 $409,504 $0 $0
2016 $4,944 $382,000 $0 $0
2015 $5,082 $382,000 $0 $0
2014 $4,068 $305,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 657038

Central Panhandle Association of REALTORS®

APN: 30585-365-000