Laketown Wharf Resort 9860 S Thomas Dr Unit 1211 Panama City, FL 32408
2
Beds
2
Baths
1,262
Sq Ft
$928/mo
HOA Fee
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
Coastal Living Realty & Associates License #SL3575935 Listed on: 11/22/2023
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
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
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
Similar Homes in Panama City, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $380,000 | None Listed On Document | |
| Warranty Deed | $245,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $304,000 | New Conventional | |
| Previous Owner | $220,500 | New Conventional |
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
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
-
Seller's Agent in 2024
James Payton
Coastal Living Realty & Associates
(859) 699-4290
11 in this area
22 Total Sales
-
Seller Co-Listing Agent in 2024
Laurie McKay
Coastal Living Realty & Associates
(850) 866-9230
50 in this area
75 Total Sales
-
Buyer's Agent in 2024
James Griffitts
EXP Realty LLC
(850) 258-8951
7 in this area
38 Total Sales
-
T
Buyer's Agent in 2024
The Griffitts Group
Think Real Estate
-
Seller's Agent in 2020
Meghan Hall
Keller Williams Realty SRB
(850) 867-6710
346 in this area
604 Total Sales
-
Seller's Agent in 2020
Gene C. Ursprung, P.A.
Beach Time Realty, Inc
(850) 890-1350
242 in this area
293 Total Sales
About Laketown Wharf Resort
Map
Source: Central Panhandle Association of REALTORS®
MLS Number: 749589
APN: 40001-000-412
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.
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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