NOT LISTED FOR SALE

6903 N Lagoon Dr Unit 41 Panama City, FL 32408

Estimated Value: $188,000 - $243,000

1 Bed
1 Bath
705 Sq Ft
$350/mo HOA Fee

Last Sold August 26, 2014

Last sale price $52,000 $74 Per Sq Ft

Est. 318% increase in value since last sale

Current estimated payment $1,603/month

Highlights

  • Boat Dock
  • Home fronts a lagoon or estuary
  • Main Floor Primary Bedroom
  • J.R. Arnold High School Rated A-
  • Lagoon View
  • Community Pool

About This Home

As of August 2014

Short sale directly on the lagoon with lovely water views! This second floor condo in Grand Lagoon Cove needs work, but is in a great location. From your unit, you can see the gorgeous restful water, boats, community dock and buildings across the lagoon. The lovely treed grounds offer community pool and tennis! Nearby, you'll find fantastic shopping, dining and the beach! Buyer to verify all data. Square footage source Bay County public website. Buyer to rely solely on own appraisal for square footage and own survey for lot size.

Last Agent to Sell the Property

Wendy Rulnick

Rulnick Realty Inc License #3003842 Listed on: 07/07/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,368

Year Built

  • Built in 1979

Lot Details

  • 610

HOA Fees

  • $350 Monthly HOA Fees

Interior Spaces

  • 705 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Lagoon Views

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Schools

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

Additional Features

  • Balcony
  • Home fronts a lagoon or estuary
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 30585-991-241

Community Details

Overview

  • Association fees include accounting, ground keeping, insurance, land recreation, licenses/permits, management, recreational faclty, repairs/maintenance, sewer, supplies, water, cable TV, trash
  • Grand Lagoon Cove Subdivision

Amenities

  • Community Barbecue Grill
  • Community Storage Space

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,368

Year Built

Built in 1979

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: GRAND LAGOON COVE
  • Directions: Going East on US 98 turn right onto Allison Avenue. Turn left onto N. Lagoon. Head Southeast toward Betsy Lane. Destination is on the right.
  • Architectural Style: Condominium
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1979
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Lagoon: Yes
  • Waterview:Lagoon2: Yes
  • Special Features: 4108
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stove/Oven Electric
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 2
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • View: Lagoon
  • Waterfront Features: Lagoon
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • Parking Features:Other3: Yes

Utilities

  • Utilities: Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Dock, Pool, Separate Storage, Tennis
  • Association #2 Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Insurance, Land Recreation, Licenses/Permits, Management, Recreational Faclty, Repairs/Maintenance, Sewer, Supplies, Water, Cable TV, Trash

Schools

  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Parcel #: 30585-991-241
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2018
Sold by
Lundeen Michael L
Bought by
Campbell Shawn G and Campbell Paula P
Current Estimated Value
$217,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,910
Outstanding Balance
$68,209
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$149,036

Purchase Details

Closed on
Feb 13, 2015
Sold by
Tedcastle Glenn R
Bought by
Lundeen Michael L

Purchase Details

Listed on
Jul 7, 2014
Closed on
Aug 26, 2014
Sold by
Ward David and Ward David
Bought by
Tedcastle Glenn R
Seller's Agent
Wendy Rulnick
Rulnick Realty Inc
List Price
$52,000
Sold Price
$52,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.64%

Purchase Details

Closed on
Apr 23, 2004
Sold by
Fries Donna A
Bought by
Ward David and Ward David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,625
Interest Rate
5.35%
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
Campbell Shawn G $89,900 Attorney
Lundeen Michael L $76,000 Diamond Title Agency Inc
Tedcastle Glenn R $52,000 Touchstone Land Title Inc
Ward David $104,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Shawn G $80,910
Previous Owner Ward David $92,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2014 08/26/14 Sold $52,000 0.0% $74 / Sq Ft
07/07/2014 07/07/14 For Sale $52,000 -- $74 / Sq Ft
03/18/2014 03/18/14 Pending -- -- --
Source: Emerald Coast 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 $1,368 $98,563 -- --
2023 $1,368 $89,603 $0 $127,500
2022 $1,222 $81,457 $0 $0
2021 $1,116 $74,052 $0 $0
2020 $1,082 $104,762 $0 $104,762
2019 $794 $61,200 $0 $61,200
2018 $941 $72,000 $0 $0
2017 $942 $71,060 $0 $0
2016 $869 $64,600 $0 $0
2015 $817 $58,850 $0 $0
2014 $745 $53,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 612479

Emerald Coast Association of REALTORS®

APN: 30585-991-241