NOT LISTED FOR SALE

7007 Beach Dr Panama City, FL 32408

Estimated Value: $467,301 - $519,000

3 Beds
2 Baths
1,403 Sq Ft
$359/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $410,000 $292 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,096/month

6 Days on Market

Highlights

  • Coastal Architecture
  • No HOA
  • Living Room
  • Patronis Elementary School Rated A-
  • Covered Patio or Porch
  • Dining Room

About This Home

As of September 2021

**UNDER CONTRACT--ACCEPTING BACKUPS!! **Walking into the back yard, you can feel the Gulf breeze--you can literally walk a couple blocks straight to the gulf access! This is a functional, high producing short-term rental property with years of actual income history! Have the rental income w/ no hassles of HOA rules and costs, community codes and regulations, and comfort in owning outright when it is paid off. The home was custom decorated by an interior designer & has over $25k in furnishings picked specifically for the space--it is not your typical condo furniture! Whether your vision is to own it as a home, second home, or investment property, it has tons of potential & income potential bonuses in a very sought after area of the beach1

Last Agent to Sell the Property

Melissia Pennington

World Impact Real Estate License #SL3383561 Listed on: 08/07/2021

World Impact Real Estate

Co-Listed By

Non Member

NON-MEMBER OFFICE

Last Buyer's Agent

Mike Herring

Counts Real Estate Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,242

Year Built

  • Built in 2000

Lot Details

  • 5,750 Sq Ft Lot
  • Lot Dimensions are 50 x 115
  • Property fronts a county road

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,403 Sq Ft Home
  • Living Room
  • Dining Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Holiday Beach Unit 12 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,242

Year Built

Built in 2000

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • Property Sub Type: Detached
  • Lot Size Acres: 0.13
  • Lot Size: 50 X 115
  • Road Frontage Type: County Road
  • Co List Office Mls Id: BNON
  • Subdivision Name: Holiday Beach Unit 12
  • Architectural Style: Coastal
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1403.0
  • Dining Room Type: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Privacy
  • Waterfront: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Septic Available
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 5750.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Partially

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2021
Closed on
Sep 24, 2021
Sold by
Dipaolo Matthew L
Bought by
Perry John Michael and Perry Elaina C
Seller's Agent
Melissia Pennington
World Impact Real Estate
Buyer's Agent
Mike Herring
Counts Real Estate Group Inc
List Price
$420,000
Sold Price
$410,000
Premium/Discount to List
-$10,000
-2.38%
Current Estimated Value
$503,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,325
Avg. Annual Appreciation
5.28%
Original Mortgage
$288,000
Outstanding Balance
$258,193
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$242,953

Purchase Details

Closed on
Oct 15, 2009
Sold by
Malone Shelby J
Bought by
Dipaolo Matthew Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,698
Interest Rate
4.93%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Perry John Michael $410,000 Defender T&E Agcy Llc
Dipaolo Matthew Lee $172,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry John Michael $288,000
Previous Owner Dipaolo Matthew Lee $150,247
Previous Owner Dipaolo Matthew Lee $175,324
Previous Owner Dipaolo Matthew Lee $175,698
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Off Market $410,000 -- --
06/20/2022 06/20/22 Off Market $1,550 -- --
06/20/2022 06/20/22 Off Market $1,500 -- --
09/29/2021 09/29/21 Sold $410,000 -2.4% $292 / Sq Ft
08/07/2021 08/07/21 For Sale $420,000 0.0% $299 / Sq Ft
08/01/2018 08/01/18 Rented $1,550 0.0% --
08/01/2018 08/01/18 Under Contract -- -- --
06/02/2018 06/02/18 For Rent $1,550 +3.3% --
06/21/2017 06/21/17 Rented $1,500 0.0% --
06/21/2017 06/21/17 Under Contract -- -- --
06/19/2017 06/19/17 For Rent $1,500 -- --
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 $4,242 $346,407 $167,907 $178,500
2023 $4,242 $336,105 $155,200 $180,905
2022 $3,815 $326,361 $106,700 $219,661
2021 $1,073 $123,958 $0 $0
2020 $1,068 $122,247 $0 $0
2019 $1,035 $118,682 $0 $0
2018 $1,025 $116,469 $0 $0
2017 $999 $113,523 $0 $0
2016 $1,011 $113,030 $0 $0
2015 $1,054 $113,783 $0 $0
2014 $1,068 $114,924 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissia Pennington

    Seller's Agent in 2021

    Melissia Pennington

    World Impact Real Estate

    (850) 527-1513

    4 in this area

    43 Total Sales

    Melissia Pennington
    Section Image

  • N

    Seller Co-Listing Agent in 2021

    Non Member

    NON-MEMBER OFFICE

  • M

    Buyer's Agent in 2021

    Mike Herring

    Counts Real Estate Group Inc

  • K

    Seller's Agent in 2018

    Kari Ganzy

    ERA Neubauer Real Estate, Inc

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 715351

Central Panhandle Association of REALTORS®

APN: 30807-001-000

Florida Bay County Panama City 32408

7007 Beach Dr, Panama City, FL

This home is located at 7007 Beach Dr, Panama City, FL 32408 since 07 August 2021 and is currently estimated at $503,325, approximately $358 per square foot. This property was built in 2000. 7007 Beach Dr is a home located in Bay County with nearby schools including Patronis Elementary School, J.R. Arnold High School, and Surfside Middle School.

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.

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