NOT LISTED FOR SALE

Summerwinds Condominiums 6323 Thomas Dr Unit 504B Panama City, FL 32408

Estimated Value: $686,000 - $799,000

2 Beds
2 Baths
1,600 Sq Ft
$842/mo HOA Fee

Last Sold September 26, 2014

Last sale price $289,000 $181 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $5,163/month

307 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Clubhouse
  • J.R. Arnold High School Rated A-
  • Gated Community
  • Bonus Room

About This Home

As of September 2014

REDUCED!!! THIS IS A VERY MOTIVATED SELLER!!! BRING AN OFFER!!!! If you are looking for a Panama City Beach condo overlooking the gulf but you do NOT wish to rent it out, then consider this beautiful community! Summerwinds offers gated entry, security coded lobby doors, a breathtaking gulf-front clubhouse with full kitchen, gulf-front exercise room, two tropically landscaped gulf-front pools (one heated), and a gulf-front shaded pavilion. Summerwinds units feature 9' ceilings, crown molding, electric hurricane shutters, large laundry room and an oversized balcony. Unit #504 is in great shape with tile throughout the kitchen/living/dining area. The master bathroom has been updated and features a walk-in shower in place of the garden tub. Summerwinds is a NON RENTAL property which makes

Last Agent to Sell the Property

Jay Davis

RE/MAX Beaches License #0687841 Listed on: 09/03/2013

RE/MAX Beaches

Co-Listed By

Shay Dassa

RE/MAX Beaches License #3199730

Last Buyer's Agent

Allison Albano

Pelican Real Estate & Development Co

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,607

Year Built

  • Built in 1995

Lot Details

  • 784

HOA Fees

  • $842 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,600 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room

Kitchen

  • Electric Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Additional Features

  • Balcony

Community Details

Overview

  • Association fees include management, cable TV, ground maintenance, pool(s), sewer, trash, water
  • Mid-Rise Condominium
  • Summerwinds Condo Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Beach
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,607

Year Built

Built in 1995

Lot Details

0

HOA Fees

$842 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Property Sub Type: Condominium
  • Lot Size: N/A
  • Co List Office Mls Id: BREB
  • Co List Office Phone: (850) 267-0720
  • Subdivision Name: Summerwinds Condo
  • Architectural Style: Mid Rise
  • Unit Levels: Three Or More
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Freezer, Disposal, Refrigerator, Washer
  • Interior Amenities: Utility Room
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1600.0
  • Dining Room Type: Bonus Room, Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom, Utility Room
  • ResoLivingAreaSource: Owner

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage
  • Garage: Yes

Utilities

  • Utilities: Cable Connected, Sewer Connected, Trash Collection, Water Connected

Condo/Co-op/Association

  • Association Fee: 2525.0
  • Community Features: Beach, Clubhouse, Elevator, Fitness Center, Gated, Other, Pool, See Remarks
  • Amenities: Gated
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Maintenance Grounds, Pool(s), Sewer, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2607.0

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2021
Sold by
Murphy Terence J and Murphy Jumana Kaidbey
Bought by
Downs Ed and Cooper Marylee
Current Estimated Value
$720,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$496,075
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$224,589

Purchase Details

Listed on
Sep 3, 2013
Closed on
Sep 1, 2014
Sold by
Williams Charles B
Bought by
Murphy Terence J and Murphy Jumana Kaidbey
Seller's Agent
Jay Davis
RE/MAX Beaches
Buyer's Agent
Allison Albano
Pelican Real Estate & Development Co
List Price
$350,000
Sold Price
$289,000
Premium/Discount to List
-$61,000
-17.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$130,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2000
Sold by
Vero Mar Development Ltd
Bought by
Smith Ralph and Smith Carolyn
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Downs Ed $625,000 Mti Title Insurance Agcy Inc
Murphy Terence J $289,000 None Available
Smith Ralph $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downs Ed $548,250
Previous Owner Murphy Terence J $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2022 06/20/22 Off Market $289,000 -- --
09/26/2014 09/26/14 Sold $289,000 -17.4% $181 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
09/03/2013 09/03/13 For Sale $350,000 -- $219 / 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 $6,592 $580,019 -- --
2023 $6,592 $563,125 $0 $563,125
2022 $4,103 $351,250 $0 $351,250
2021 $2,605 $251,652 $0 $0
2020 $2,600 $248,178 $0 $248,178
2019 $2,666 $251,034 $0 $251,034
2018 $3,264 $295,335 $0 $0
2017 $3,434 $269,280 $0 $0
2016 $3,532 $272,000 $0 $0
2015 $3,523 $263,925 $0 $0
2014 $2,562 $233,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jay Davis

    RE/MAX Beaches

    Section Image
  • Shay Dassa

    Seller Co-Listing Agent in 2014

    Shay Dassa

    RE/MAX Beaches

    (850) 267-0720

    73 Total Sales

    Shay Dassa
    Section Image

  • A

    Buyer's Agent in 2014

    Allison Albano

    Pelican Real Estate & Development Co

See All Agents

About Summerwinds Condominiums

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 612510

Central Panhandle Association of REALTORS®

APN: 30585-050-149

Florida Bay County Panama City 32408

6323 Thomas Dr Unit 504B, 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.

Nearby Homes