NOT LISTED FOR SALE

8743 Thomas 305 Panama City Beach, FL 32408

Estimated Value: $304,000 - $319,000

1 Bed
1.5 Baths
740 Sq Ft
$365/mo HOA Fee

Last Sold May 16, 2017

Last sale price $159,000 $215 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,367/month

4 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Heated In Ground Pool
  • J.R. Arnold High School Rated A-
  • Deeded access to the beach
  • Sauna

About This Home

As of May 2017

On the gulf

Last Agent to Sell the Property

Mike Rylee

Beach Time Realty, Inc License #3320034 Listed on: 04/28/2017

Last Buyer's Agent

Lynn Patacca

Commander Real Estate Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,622

Year Built

  • Built in 1984

Lot Details

  • Property fronts gulf or ocean
  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $365 Monthly HOA Fees

Parking

  • Parking Permit Required

Home Design

  • Pillar, Post or Pier Foundation
  • Steel Frame
  • Frame Construction
  • Stucco

Interior Spaces

  • 740 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Storage
  • Sauna
  • Gulf Views

Kitchen

  • Double Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

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

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include management, clubhouse, cable TV, internet, ground maintenance, pest control, playground, trash, water
  • 440 Units
  • Mid-Rise Condominium
  • The Summit Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Sauna
  • Business Center
  • Laundry Facilities
  • Elevator

Recreation

  • Beach
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Park

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,622

Year Built

Built in 1984

Lot Details

0

HOA Fees

$365 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Condominium
  • Lot Size: CONDO
  • Road Frontage Type: City Street, Private Road
  • Subdivision Name: The Summit
  • Architectural Style: Mid Rise
  • Unit Levels: Three Or More
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Double Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Range Hood, Washer
  • Interior Amenities: Elevator, Pantry, Storage
  • Spa Features: Sauna
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 740.0
  • Dining Room Type: Primary Bathroom, Primary Bedroom
  • ResoLivingAreaSource: Owner

Exterior Features

  • Pool Features: Gas Heat, In Ground, Private, Community, Pool
  • Fencing: Full
  • Pool Private: Yes
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Waterfront
  • Waterfront: Yes
  • Construction Type: Frame, Concrete, Steel Frame, Stucco
  • Exterior Features: Built-in Barbecue, Balcony, Sprinkler/Irrigation, Pool
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Permit Required

Utilities

  • Utilities: Cable Connected, Other, Phone Connected, Sewer Connected, Trash Collection, Water Connected
  • Security Features: Fire Alarm, Smoke Detector(s), Security Service
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1094.0
  • Community Features: Barbecue, Basketball Court, Beach, Business Center, Elevator, Laundry Facilities, Other, Playground, Park, Pool, Sauna, See Remarks, Tennis Court(s), Waterfront, Sidewalks
  • Amenities: Beach Rights, Picnic Area
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Cable TV, Internet, Maintenance Grounds, Other, Pest Control, Playground, See Remarks, Trash, Water

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Lot Features: Waterfront
  • Zoning Description: Commercial,Resort

Rental Info

  • Furnished: Furnished
  • Lease Term: Weekly

Multi Family

  • Number Of Units In Community: 440

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2021
Sold by
Basham Shelby C and Basham Sherry A
Bought by
New Leaf Georgia Llc
Current Estimated Value
$311,953

Purchase Details

Listed on
Apr 28, 2017
Closed on
May 16, 2017
Sold by
Armstrong Willburn Gary and Armstrong Juaneita R
Bought by
Basham Shelby G and Basham Sherry A
Seller's Agent
Mike Rylee
Beach Time Realty, Inc
Buyer's Agent
Lynn Patacca
Commander Real Estate Inc
List Price
$163,000
Sold Price
$159,000
Premium/Discount to List
-$4,000
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.60%

Purchase Details

Closed on
Jul 25, 2003
Sold by
Goodwin Leigh Edward
Bought by
Armstrong Wilburn Gary and Armstrong Juaneita R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.17%
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
New Leaf Georgia Llc $212,000 None Available
Basham Shelby G $159,000 Mti Title Ins Agency Inc
Armstrong Wilburn Gary $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Armstrong Wilburn Gary $124,000
Previous Owner Goodwin Leigh E $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Off Market $159,000 -- --
05/16/2017 05/16/17 Sold $159,000 -2.5% $215 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $163,000 -- $220 / 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 $3,622 $298,265 -- --
2023 $3,622 $287,215 $0 $287,215
2022 $2,935 $246,500 $0 $246,500
2021 $2,179 $161,475 $0 $0
2020 $1,980 $164,900 $0 $164,900
2019 $1,772 $141,312 $0 $141,312
2018 $1,710 $133,450 $0 $0
2017 $1,500 $129,625 $0 $0
2016 $1,426 $121,055 $0 $0
2015 $1,406 $110,050 $0 $0
2014 $1,220 $100,045 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Rylee

    Seller's Agent in 2017

    Mike Rylee

    Beach Time Realty, Inc

    (850) 238-6261

    93 in this area

    132 Total Sales

    Mike Rylee
    Section Image

  • L

    Buyer's Agent in 2017

    Lynn Patacca

    Commander Real Estate Inc

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 658211

Central Panhandle Association of REALTORS®

APN: 30236-055-000

Florida Bay County Panama City Beach 32408

8743 Thomas 305, Panama City Beach, FL

This home is located at 8743 Thomas 305, Panama City Beach, FL 32408 since 28 April 2017 and is currently estimated at $311,953, approximately $421 per square foot. This property was built in 1984. 8743 Thomas 305 is a home located in Bay County with nearby schools including Breakfast Point Academy, J.R. Arnold High School, and St. Bernadette Catholic 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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