NOT LISTED FOR SALE

Estimated Value: $228,000 - $275,000

2 Beds
1.5 Baths
1,116 Sq Ft
$224/Sq Ft Est. Value

Last Sold December 30, 2014

Last sale price $95,000 $85 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $1,436/month

190 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Double Pane Windows
  • Patronis Elementary School Rated A-
  • Balcony
  • Breakfast Bar

About This Home

As of December 2014

Great investment opportunity. Home has been a successful rental unit for several years. Detached family home on Panama City Beach located minutes from the Navy Base, beach, or downtown Panama City. Home owner has kept in terrific condition. Units 6221 also for sale.

Last Agent to Sell the Property

Lisa Thompson

Thompson Trust Realty Inc License #3193117 Listed on: 05/15/2014

Co-Listed By

Stoney Thompson

Thompson Trust Realty Inc License #3193118

Last Buyer's Agent

Joanna Hartzog

20/20 Real Estate Services Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $858

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 25x112
  • Fenced

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,116 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Dining Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Treasure Cove Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$858

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Detached
  • Lot Size: 25X112
  • Road Surface Type: Paved
  • Co List Office Mls Id: BLSM
  • Co List Office Phone: (850) 215-7387
  • Subdivision Name: Treasure Cove
  • Architectural Style: Contemporary
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
  • Interior Amenities: Breakfast Bar
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1116.0
  • Dining Room Type: Bedroom, Dining Room, Kitchen, Primary Bedroom
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Fenced
  • Construction Type: Vinyl Siding
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Utilities: 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: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Resid Single Family

Rental Info

  • Lease Term: Month To Month

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2014
Closed on
Dec 30, 2014
Sold by
Eduam Properties Llc
Bought by
Paul Patti R
Seller's Agent
Lisa Thompson
Thompson Trust Realty Inc
Buyer's Agent
Joanna Hartzog
20/20 Real Estate Services Inc
List Price
$129,000
Sold Price
$95,000
Premium/Discount to List
-$34,000
-26.36%
Current Estimated Value
$250,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,235
Avg. Annual Appreciation
10.20%
Original Mortgage
$95,000
Outstanding Balance
$74,308
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$193,017

Purchase Details

Closed on
Nov 14, 2003
Sold by
Young Charles L and Young Charles Louis
Bought by
Eduam 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
$129,396
Interest Rate
5.93%
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
Paul Patti R $95,000 First American Title Ins Co
Eduam Properties Llc -- Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paul Patti R $95,000
Previous Owner Eduam Properties Llc $172,000
Previous Owner Eduam Properties Llc $129,396
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $95,000 -- --
12/30/2014 12/30/14 Sold $95,000 -26.4% $85 / Sq Ft
11/21/2014 11/21/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $129,000 -- $116 / 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 $858 $131,356 $26,250 $105,106
2023 $858 $131,758 $25,095 $106,663
2022 $1,501 $126,352 $24,465 $101,887
2021 $1,483 $120,334 $21,183 $99,151
2020 $724 $93,991 $0 $0
2019 $651 $87,560 $14,385 $73,175
2018 $711 $91,392 $0 $0
2017 $696 $89,512 $0 $0
2016 $723 $90,566 $0 $0
2015 $770 $92,250 $0 $0
2014 $1,532 $113,169 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 620236

Central Panhandle Association of REALTORS®

APN: 31031-010-000