NOT LISTED FOR SALE

Laketown Wharf Resort 9860 S Thomas Dr Unit 1211 Panama City, FL 32408

Estimated Value: $387,099 - $418,000

2 Beds
2 Baths
1,262 Sq Ft
$928/mo HOA Fee

Last Sold May 15, 2024

Last sale price $380,000 $301 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,510/month

141 Days on Market

Highlights

  • Lake Front
  • 24-Hour Security
  • Gulf View
  • J.R. Arnold High School Rated A-
  • Heated In Ground Pool
  • Newly Painted Property

About This Home

As of May 2024

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' *** GULF VIEW *** Breathtaking view of the Gulf from Laketown Wharf 1211! Turn key and rental ready with a new refrigerator in 2021, upgraded vinyl plank flooring, washer/dryer stack (2021), new lighting, new HVAC 10/23, water heater 11/22, microwave 2021, and new paint throughout. Gross receipts for 2023 were $38K. Owner use and lightly rented in 2022. 2021 gross was $50k. Convenient beach access and near a public golf course, this resort includes five pools, a Gulf-view fitness center, storage spaces to rent, plenty of covered parking, pool-side tiki bar and grill, many restaurants on the ground level and Walmart across the street. There is a 52K square foot boardwalk overlooking the lake. Laketown Wharf is in the heart of entertainment, restaurants, and shopping. Perfect for investment, second home or primary residence steps away from the most beautiful sugar white sand beaches! Owners pets are allowed.

Last Agent to Sell the Property

James Payton

Coastal Living Realty & Associates License #SL3575935 Listed on: 11/22/2023

Co-Listed By

Laurie McKay

Coastal Living Realty & Associates License #SL3468871

Last Buyer's Agent

James Griffitts

EXP Realty LLC

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,391

Year Built

  • Built in 2008

Lot Details

  • Sprinkler System

HOA Fees

  • $928 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking
  • Additional Parking
  • Parking Lot
  • Parking Permit Required

Property Views

Home Design

  • Newly Painted Property

Interior Spaces

  • 1,262 Sq Ft Home
  • Furnished
  • Living Room
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Pool

  • Heated In Ground Pool
  • Spa
  • Fence Around Pool

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Additional Features

  • Electric Water Heater

Community Details

Overview

  • Association fees include management, cable TV, gas, insurance, internet, legal/accounting, ground maintenance, pest control, pool(s), sewer, security, trash
  • 765 Units
  • High-Rise Condominium
  • Laketown Wharf Phase Ii Subdivision
  • 21-Story Property

Amenities

  • Community Barbecue Grill
  • Meeting Room
  • Elevator

Recreation

  • Park

Security

  • 24-Hour Security
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,391

Year Built

Built in 2008

Lot Details

0

HOA Fees

$928 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Co List Office Mls Id: CLRA
  • Co List Office Phone: (404) 401-2444
  • Subdivision Name: Laketown Wharf Phase II
  • Architectural Style: High Rise
  • Entry Level: 12
  • 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: Kitchen Island, New Paint
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1262.0
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom
  • Stories: 21

Exterior Features

  • Pool Features: Fenced, Gas Heat, In Ground, Community, Pool
  • View: Gulf, Lake
  • View: Yes
  • Waterfront Features: Lake, Lake Front
  • Waterfront: Yes
  • Exterior Features: Built-in Barbecue, Balcony, Sprinkler/Irrigation
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Covered, Garage, Guest, Permit Required, Parking Lot
  • Garage: Yes

Utilities

  • Utilities: Cable Connected, Other, See Remarks, Trash Collection, Water Connected
  • Security Features: Building Security, Fire Alarm, Fire Sprinkler System, 24 Hour Security, Smoke Detector(s), Security Service
  • Laundry Features: Stacked
  • Green Building Features: Dumpster

Condo/Co-op/Association

  • Association Fee: 2783.0
  • Community Features: Barbecue, Conference/Meeting Room, Elevator, Fitness Center, Other, Park, Pool, Shopping, See Remarks, Short Term Rental Allowed, Sidewalks, Waterfront
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Gas, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Sewer, Security, Trash

Schools

  • Middle Or Junior School: Breakfast Point

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 765

Tax Info

  • Tax Annual Amount: 3391.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2023
Closed on
May 15, 2024
Sold by
Haggerty James A and Haggerty Georgianna
Bought by
H & H Family Enterprises Inc
Seller's Agent
James Payton
Coastal Living Realty & Associates
Buyer's Agent
James Griffitts
EXP Realty LLC
List Price
$434,900
Sold Price
$380,000
Premium/Discount to List
-$54,900
-12.62%
Views
152
Current Estimated Value
$403,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,785
Avg. Annual Appreciation
5.13%
Original Mortgage
$304,000
Outstanding Balance
$301,232
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$102,882

Purchase Details

Listed on
Jan 2, 2020
Closed on
Feb 28, 2020
Sold by
Gulfview Holdings Llc
Bought by
Haggerty James A and Haggerty Georgianna
Seller's Agent
Meghan Hall
Keller Williams Realty SRB
Buyer's Agent
Mike Rylee
Beach Time Realty Inc
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%
Original Mortgage
$220,500
Interest Rate
3.6%
Mortgage Type
New Conventional
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
H & H Family Enterprises Inc $380,000 None Listed On Document
Haggerty James A $245,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open H & H Family Enterprises Inc $304,000
Previous Owner Haggerty James A $220,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $380,000 -1.3% $301 / Sq Ft
04/08/2024 04/08/24 Price Changed $385,000 -3.7% $305 / Sq Ft
01/18/2024 01/18/24 Price Changed $399,900 -1.7% $317 / Sq Ft
01/02/2024 01/02/24 Price Changed $407,000 -2.9% $323 / Sq Ft
12/03/2023 12/03/23 Price Changed $419,000 -3.7% $332 / Sq Ft
11/22/2023 11/22/23 For Sale $434,900 +77.5% $345 / Sq Ft
06/20/2022 06/20/22 Off Market $245,000 -- --
02/28/2020 02/28/20 Sold $245,000 0.0% $194 / Sq Ft
02/28/2020 02/28/20 Sold $245,000 0.0% $194 / Sq Ft
01/02/2020 01/02/20 For Sale $245,000 0.0% $194 / Sq Ft
12/30/2019 12/30/19 Pending -- -- --
12/20/2019 12/20/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $245,000 -- $194 / 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 $4,223 $282,838 -- --
2023 $4,223 $257,125 $0 $391,000
2022 $3,391 $233,750 $0 $0
2021 $2,704 $212,500 $0 $212,500
2020 $2,533 $204,000 $0 $204,000
2019 $2,481 $202,470 $0 $202,470
2018 $2,469 $197,965 $0 $0
2017 $2,171 $181,671 $0 $0
2016 $1,924 $165,155 $0 $0
2015 $1,429 $114,164 $0 $0
2014 $1,302 $103,785 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Payton

    Seller's Agent in 2024

    James Payton

    Coastal Living Realty & Associates

    (859) 699-4290

    11 in this area

    22 Total Sales

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  • Laurie McKay

    Seller Co-Listing Agent in 2024

    Laurie McKay

    Coastal Living Realty & Associates

    (850) 866-9230

    50 in this area

    75 Total Sales

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  • James Griffitts

    Buyer's Agent in 2024

    James Griffitts

    EXP Realty LLC

    (850) 258-8951

    7 in this area

    38 Total Sales

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  • T

    Buyer's Agent in 2024

    The Griffitts Group

    Think Real Estate

  • Meghan Hall

    Seller's Agent in 2020

    Meghan Hall

    Keller Williams Realty SRB

    (850) 867-6710

    346 in this area

    604 Total Sales

    Section Image
  • Gene C. Ursprung, P.A.

    Seller's Agent in 2020

    Gene C. Ursprung, P.A.

    Beach Time Realty, Inc

    (850) 890-1350

    242 in this area

    293 Total Sales

    Section Image
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About Laketown Wharf Resort

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 749589

Central Panhandle Association of REALTORS®

APN: 40001-000-412

Florida Bay County Panama City 32407

9860 S Thomas Dr Unit 1211, Panama City, FL

This home is located at 9860 S Thomas Dr Unit 1211, Panama City, FL 32408 since 22 November 2023 and is currently estimated at $397,275, approximately $314 per square foot. This property was built in 2008. 9860 S Thomas Dr Unit 1211 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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