NOT LISTED FOR SALE

LOT 85 Lot 85 Preserve Blvd Panama City Beach, FL 32408

Upper Grand Lagoon Neighborhood

Estimated Value: $964,000 - $1,408,000

4 Beds
4 Baths
2,565 Sq Ft
$471/Sq Ft Est. Value

About This Home

This home is located at LOT 85 Lot 85 Preserve Blvd, Panama City Beach, FL 32408 and is currently estimated at $1,209,151, approximately $471 per square foot. LOT 85 Lot 85 Preserve Blvd is a home located in Bay County with nearby schools including J.R. Arnold High School, Surfside Middle School, and Patronis Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2024
Sold by
Reese Cecil H
Bought by
Dobrick John B
Current Estimated Value
$1,209,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$551,601
Interest Rate
6.95%
Mortgage Type
Seller Take Back
Estimated Equity
$657,550

Purchase Details

Closed on
Nov 17, 2023
Sold by
Cecil H Reese Jr Revocable Trust
Bought by
Reese Cecil H

Purchase Details

Closed on
May 5, 2021
Sold by
Reese Cecil H
Bought by
Reese Cecil H and Cecil H Reese Jr Revocable Tru

Purchase Details

Closed on
Mar 24, 2021
Sold by
Babalola Marian A
Bought by
Jr Cecil Hreese

Purchase Details

Closed on
Jan 2, 2018
Sold by
Anderson Carl S and Anderson Jana H
Bought by
Babalola Marian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$763,220
Interest Rate
4.25%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 21, 2000
Sold by
Ledman Wilbur T and Ledman Melanie A
Bought by
Mccullum Jeffrey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Dobrick John B $1,400,000 Mti Title
Reese Cecil H $100 None Listed On Document
Reese Cecil H -- None Available
Jr Cecil Hreese $1,100,000 Mti Title Insurance Agcy Inc
Babalola Marian A $162,000 Diamond Title Agency Inc
Mccullum Jeffrey M $530,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dobrick John B $750,000
Previous Owner Babalola Marian A $760,000
Previous Owner Babalola Marian A $763,220
Previous Owner Mccullum Jeffrey M $397,500
Closed Mccullum Jeffrey M $74,200
Source: Public Records

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 $10,231 $833,292 $163,412 $669,880
2023 $10,231 $815,094 $140,165 $674,929
2022 $9,397 $808,992 $140,165 $668,827
2021 $5,365 $481,823 $0 $0
2020 $5,362 $475,171 $117,307 $357,864
2019 $1,445 $117,307 $117,307 $0
2018 $1,468 $117,307 $0 $0
2017 $1,465 $116,230 $0 $0
2016 $1,492 $116,230 $0 $0
2015 $1,577 $119,500 $0 $0
2014 $1,714 $130,000 $0 $0
Source: Public Records

Map

Florida Bay County Panama City Beach 32408 Upper Grand Lagoon

LOT 85 Lot 85 Preserve Blvd, Panama City Beach, FL

This home is located at LOT 85 Lot 85 Preserve Blvd, Panama City Beach, FL 32408 and is currently estimated at $1,209,151, approximately $471 per square foot. LOT 85 Lot 85 Preserve Blvd is a home located in Bay County with nearby schools including J.R. Arnold High School, Surfside Middle School, and Patronis Elementary 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.

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