NOT LISTED FOR SALE

Coral Reef Condominiums 6609 Thomas Dr Unit 1103 Panama City, FL 32408

Estimated Value: $551,000 - $719,000

2 Beds
2 Baths
1,427 Sq Ft
$1,450/mo HOA Fee

Last Sold June 20, 2024

Last sale price $675,000 $473 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,452/month

312 Days on Market

Highlights

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

About This Home

As of June 2024

WHAT A FEELING! Reminded of the song lyrics, you truly can ''have it all'' when you open the door of Unit 1103. The gorgeous tile floors are so unique and the furnishings are jaw-dropping. The renovated kitchen and bathrooms along with the immaculate housekeeping show the ''passion'' for perfection! Truly a showplace, who would ever ''believe'' you can stay in one area and see so much -- the crashing waves, the unbelievable sunsets, the beaches that are known for the sugar colored sands, the emerald colored waters of the Gulf, and the faces of the happy people enjoying two pools below within view of your balcony. Everything in the unit conveys except for one sentimental trunk at the foot of the bed in the first bedroom. If you recognize quality, you will notice that no expense was spared in decorating this unit. Everything on the balcony stays with the exception of the little fish -''with a story behind it''- on the table. Coral Reef has a great reputation for their upgrades to the building which includes fresh paint and all new windows and doors. Back to the song lyrics, ''make it happen''- and you won't look back. SEEING IS BELIEVING! This is THE???????????????????????????????????????? place.

Last Agent to Sell the Property

Holli Persall

ERA Neubauer Real Estate Inc License #3198726 Listed on: 07/26/2023

ERA Neubauer Real Estate Inc

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,695

Year Built

  • Built in 1999

Lot Details

HOA Fees

  • $1,450 Monthly HOA Fees

Home Design

  • Stucco

Interior Spaces

  • 1,427 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Plantation Shutters
  • Living Room
  • Breakfast Room
  • Stacked Washer and Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

  • Association fees include clubhouse, cable TV, insurance, internet, ground maintenance, pest control, pool(s), sewer, trash, water
  • 82 Units
  • High-Rise Condominium
  • Coral Reef Condo Subdivision
  • 14-Story Property

Amenities

  • Picnic Area
  • Elevator

Recreation

  • Beach
  • Community Pool
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,695

Year Built

Built in 1999

Lot Details

0

HOA Fees

$1,450 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Lot Size: 0 x 0
  • Road Surface Type: Paved
  • Subdivision Name: Coral Reef Condo
  • Architectural Style: High Rise
  • Entry Level: 11
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar, Pantry, Split Bedrooms, Shutters
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1427.0
  • Dining Room Type: Breakfast Room/Nook, Bedroom, Living Room, Primary Bedroom
  • Stories: 14
  • Window Features: Double Pane Windows, Plantation Shutters
  • ResoLivingAreaSource: Appraiser

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Electricity Connected, High Speed Internet Available, Other, Sewer Connected, Trash Collection, Water Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 4349.0
  • Community Features: Beach, Clubhouse, Elevator, Fitness Center, Other, Park, See Remarks, Short Term Rental Allowed, Waterfront, Pool
  • Amenities: Beach Rights, Picnic Area
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Clubhouse, Cable TV, Insurance, Internet, Maintenance Grounds, Pest Control, Pool(s), Sewer, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 82

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Jun 20, 2024
Sold by
Greene Edd and Greene Mary
Bought by
Mcvay William R and Mcvay Amanda J
Seller's Agent
Holli Persall
ERA Neubauer Real Estate Inc
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$799,000
Sold Price
$675,000
Premium/Discount to List
-$124,000
-15.52%
Views
61
Current Estimated Value
$644,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,781
Avg. Annual Appreciation
-3.98%

Purchase Details

Listed on
Jan 15, 2011
Closed on
Apr 1, 2013
Sold by
J Howell Investments Llc
Bought by
Greene Edd and Greene Mary
Seller's Agent
Ashlie James
Beachy Beach Real Estate
Buyer's Agent
Netta Puskar
Prudential Shimmering Sands
List Price
$399,000
Sold Price
$250,000
Premium/Discount to List
-$149,000
-37.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%

Purchase Details

Closed on
Jun 22, 2009
Sold by
Howell Jack
Bought by
J Howell Investments Llc

Purchase Details

Closed on
Sep 24, 2000
Sold by
Brown Darren L and Brown Jan J
Bought by
Howell Jack and Howell Julie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 1999
Sold by
Vero Mar Development Ltd
Bought by
Garrett Mark F and Garrett Reba Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.68%
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
Mcvay William R $675,000 None Listed On Document
Greene Edd $250,000 First Intl Title Inc
J Howell Investments Llc -- Attorney
Howell Jack $315,000 Lawyers Title Agency Of Nort
Garrett Mark F $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Howell Jack $252,000
Previous Owner Garrett Mark F $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $675,000 -3.5% $473 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
04/18/2024 04/18/24 Price Changed $699,500 -6.7% $490 / Sq Ft
09/11/2023 09/11/23 Price Changed $749,500 -6.2% $525 / Sq Ft
07/26/2023 07/26/23 For Sale $799,000 +219.6% $560 / Sq Ft
06/20/2022 06/20/22 Off Market $250,000 -- --
04/01/2013 04/01/13 Sold $250,000 -37.3% $175 / Sq Ft
03/28/2013 03/28/13 Pending -- -- --
01/15/2011 01/15/11 For Sale $399,000 -- $280 / 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 $5,695 $459,216 -- --
2023 $5,695 $417,469 $0 $496,825
2022 $4,582 $379,517 $0 $0
2021 $4,230 $345,015 $0 $0
2020 $3,856 $313,650 $0 $313,650
2019 $3,903 $314,458 $0 $314,458
2018 $3,599 $284,325 $0 $0
2017 $3,629 $284,750 $0 $0
2016 $3,543 $272,850 $0 $0
2015 $3,574 $267,750 $0 $0
2014 $3,335 $250,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 744343

Central Panhandle Association of REALTORS®

APN: 30585-990-915