NOT LISTED FOR SALE

7007 Beach Dr Panama City, FL 32408

Lower Grand Lagoon Area

Estimated Value: $456,330 - $494,000

3 Beds
2 Baths
1,403 Sq Ft
$340/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2021

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

Est. 14% increase in value since last sale

Current estimated payment $2,945 / mo

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, LLC

World Impact Real Estate Listed on: 08/10/2021

Co-Listed By

Non Member

NON-MEMBER OFFICE

Last Buyer's Agent

Mike Herring

Keller Williams Realty Emerald License #3256219

Keller Williams Realty Emerald

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 5,750 Sq Ft Lot
  • Lot Dimensions are 50 x 115

Parking

  • 1 Car Garage

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • Living Room
  • Dining Room

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Covered Patio or Porch
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Holiday Beach Unit 12 Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

5,750 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.13
  • Lot Size: 50 X 115
  • Co List Office Mls Id: BNON
  • Subdivision Name: Holiday Beach Unit 12
  • Architectural Style: Coastal
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Dining Room Type: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected, Phone Connected

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
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

Multi Family

  • Number Of Units Furnished: Partially

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Sep 24, 2021
Sold by
Dipaolo Matthew L
Bought by
Seller's Agent
Melissia Pennington, LLC
World Impact Real Estate
Buyer's Agent
Mike Herring
Keller Williams Realty Emerald
List Price
$420,000
Sold Price
$410,000
Premium/Discount to List
-$10,000
-2.38%
Current Estimated Value
$468,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,979
Avg. Annual Appreciation
3.09%
Original Mortgage
$288,000
Outstanding Balance
$250,579
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$226,004

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Panama City, FL

  • Paige Peterson Real Estate Agent - Compass

    Paige Peterson

    Compass

    (850) 613-0556

    46 Total Sales

    4 in Lower Grand Lagoon

    $285K - $2.9M Price Range

    Paige Peterson
     Section Image
  • Sandra Sharpe Real Estate Agent - Coldwell Banker Realty

    Sandra Sharpe

    Coldwell Banker Realty

    (850) 904-4434

    61 Total Sales

    1 in Lower Grand Lagoon

    $245,514 Price

    Sandra Sharpe
     Section Image
  • Lars Rygaard Real Estate Agent - World Impact Real Estate

    Lars Rygaard

    World Impact Real Estate

    (850) 299-0140

    34 Total Sales

    1 in Lower Grand Lagoon

    $900,000 Price

    Lars Rygaard
     Section Image
  • Paula Reyes Real Estate Agent - Bright Realty Solutions

    Paula Reyes

    Bright Realty Solutions

    (850) 818-9384

    6 Total Sales

    4 in Lower Grand Lagoon

    $405K - $550K Price Range

    Paula Reyes
     Section Image
  • Trina Causley Real Estate Agent - Coldwell Banker Realty

    Trina Causley

    Coldwell Banker Realty

    (334) 697-8178

    10 Total Sales

    6 in Lower Grand Lagoon

    $405K - $2.5M Price Range

    Trina Causley
     Section Image
  • Shantel Peterson Real Estate Agent - Real Broker LLC

    Shantel Peterson

    Real Broker LLC

    (850) 533-8778

    18 Total Sales

    1 in Lower Grand Lagoon

    $362,500 Price

    Shantel Peterson
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$410,000 Defender T&E Agcy Llc
Dipaolo Matthew Lee $172,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,297 $356,928 $174,988 $181,940
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

  • MP

    Seller's Agent in 2021

    Melissia Pennington, LLC

    World Impact Real Estate

  • NM

    Seller Co-Listing Agent in 2021

    Non Member

    NON-MEMBER OFFICE

  • Mike Herring Real Estate Agent - Keller Williams Realty Emerald

    Buyer's Agent in 2021

    Mike Herring

    Keller Williams Realty Emerald

    (850) 708-1328

    258 Total Sales

    Mike Herring
    Section Image

  • KG

    Seller's Agent in 2018

    Kari Ganzy

    Keller Williams Success Realty

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

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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