$510,000
SOLD SEP 28, 2023

Laketown Wharf Resort 9860 S Thomas Dr Unit 901 Panama City, FL 32408

4 Beds
3 Baths
1,483 Sq Ft
$934/mo HOA Fee

Recently Sold

$344 Per Sq Ft

11% Below List Price

34 Days on Market

Highlights

  • Golf Course Community
  • Heated Indoor Pool
  • Gulf View
  • J.R. Arnold High School Rated A-
  • 24-Hour Security
  • Deck

About This Home

As of September 2023

Beautifully updated FULL 3 Bedroom plus a Bunk Room with a Huge Corner Balcony located at Laketown Wharf Resort. These End Units are rarely offered for sale and this owner has done a beautiful remodel on this unit over the last few month. It is a great rental machine too! Located on the 9th floor with the best GULF VIEWS from your wrap around balcony. Unit comes fully furnished with all new furniture, full appliance package including stacked washer/dryer and is being sold fully furnished. This one wont last long. Come stay at a FULL AMENITY Complex... COA includes all utilities except power. Including property insurance which is huge!!Just insure your contents and pay your electric bill. Laketown fesatures 5 Pools, 2 story GYM, Pickleball courts, Restaurants, 24 Hour Gated Security, Dedicated/Gated Beach Access through a private boardwalk at Pineapple Willys. Mini Golf area, Grilling area, Huge Lake behind complex and fun boardwalk around complex. Come enjoy!

Last Agent to Sell the Property

Mark Chambliss

Coastal Palms Real Estate License #BK3484522 Listed on: 08/08/2023

Last Buyer's Agent

Denise Hindes

EMERALD VIEW REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,996

Year Built

  • Built in 2008 | Remodeled

Lot Details

  • Landscaped
  • Sprinkler System

HOA Fees

  • $934 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Parking Permit Required

Property Views

Home Design

  • Newly Painted Property

Interior Spaces

  • 1,483 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Closed Circuit Camera
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Pool

  • Heated Indoor Pool
  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

  • Association fees include clubhouse, cable TV, insurance, internet, ground maintenance, maintenance structure, pest control, pool(s), sewer, security, trash
  • 765 Units
  • High-Rise Condominium
  • Laketown Wharf Subdivision
  • 21-Story Property

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Golf Course Community
  • Park

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,996

Year Built

Built in 2008 | Remodeled

Lot Details

0

HOA Fees

$934 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Subdivision Name: Laketown Wharf
  • Architectural Style: High Rise
  • Entry Level: 9
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator, Range Hood
  • Interior Amenities: Breakfast Bar, Kitchen Island, New Paint, Pantry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Living Area: 1483.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • Stories: 21
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Gunite, Electric Heat, Indoor, In Ground, Private, Community, Pool
  • Pool Private: Yes
  • View: Gulf, Lake
  • View: Yes
  • Waterfront: No
  • Exterior Features: Built-in Barbecue, Balcony, Deck, Sprinkler/Irrigation, Pool
  • Patio And Porch Features: Balcony, Covered, Deck
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Permit Required
  • Garage: Yes
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected, High Speed Internet Available, Other, Sewer Connected, Water Available, Water Connected
  • Security Features: Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Gated with Guard, Gated Community, 24 Hour Security, Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s), Electric, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Stacked
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2803.0
  • Community Features: Barbecue, Elevator, Fitness Center, Golf, Other, Park, Pool, Shopping, See Remarks, Short Term Rental Allowed, Gated, Sidewalks
  • Senior Community: No
  • Amenities: Gated
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Clubhouse, Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Sewer, Security, Trash

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Lot Features: Easement, Landscaped
  • Zoning Description: Resid Single Family,Resort

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 765

Tax Info

  • Tax Annual Amount: 3996.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Sep 28, 2023
Sold by
Brown-Roberts Lezlie C
Bought by
Gulf Properties Llc
Seller's Agent
Mark Chambliss
Coastal Palms Real Estate
Buyer's Agent
Denise Hindes
EMERALD VIEW REAL ESTATE
List Price
$569,900
Sold Price
$510,000
Premium/Discount to List
-$59,900
-10.51%
Views
99
Current Estimated Value
$472,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,537
Avg. Annual Appreciation
-3.04%

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jul 29, 2022
Sold by
Abouelazm Ahmed M
Bought by
Brown-Roberts Lezlie C
Seller's Agent
Justin Hutchins
LPT Realty LLC
Buyer's Agent
Mark Chambliss
Nautical Properties, LLC
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.25%
Original Mortgage
$440,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2009
Sold by
Laketown Wharf Marketing Corporation
Bought by
Abouelazm Ahmed M and Abouelazm Salah A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $510,000 Anchor Title
Warranty Deed $550,000 Anchor Title
Condominium Deed $327,400 Dowd Title Group Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $440,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $510,000 -10.5% $344 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $569,900 +3.6% $384 / Sq Ft
10/28/2022 10/28/22 Off Market $550,000 -- --
07/29/2022 07/29/22 Sold $550,000 -4.3% $371 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $575,000 -- $388 / 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 $5,969 $439,875 -- $439,875
2023 $5,969 $476,850 $0 $476,850
2022 $3,996 $302,225 $0 $0
2021 $3,765 $274,750 $0 $0
2020 $3,469 $318,750 $0 $318,750
2019 $2,879 $244,200 $0 $244,200
2018 $2,790 $206,424 $0 $0
2017 $2,472 $187,658 $0 $0
2016 $2,072 $170,598 $0 $0
2015 $1,899 $155,089 $0 $0
2014 $1,220 $126,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 744904

Central Panhandle Association of REALTORS®

APN: 40001-000-288