NOT LISTED FOR SALE

Gulfgate Condominiums Panama City, FL 32408

Estimated Value: $494,000 - $598,000

3 Beds
2 Baths
1,466 Sq Ft
$673/mo HOA Fee

Last Sold July 31, 2014

Last sale price $215,000 $147 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $4,110/month

425 Days on Market

Highlights

  • Property fronts gulf or ocean
  • In Ground Pool
  • Elevator
  • Patronis Elementary School Rated A-
  • Furnished
  • Balcony

About This Home

As of July 2014

FANTASTIC OPPORTUNITY ON THIS SHORT SALE * UNIQUE COMPLEX ONLY FIVE STORIES * END UNIT * UNIT IS 1466 SF WITH THREE BEDROOMS AND TWO FULL BATHS * COMPLETELY FURNISHED * CERAMIC TILE IN ALL ROOMS * BUILT IN BOOKCASES * LIVING AREA AND MASTER BEDROOM OPEN TO THE GULF & BALCONY * FANTASTIC VIEWS * GREAT TIME TO BUY

Last Agent to Sell the Property

Barbara Mitchell

Counts Real Estate Group Inc License #0687032 Listed on: 12/03/2012

Last Buyer's Agent

Lindy Bryan

Beachy Beach Real Estate License #3257948

Beachy Beach Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,699

Year Built

  • Built in 1973

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $673 Monthly HOA Fees

Home Design

  • Stucco

Interior Spaces

  • 1,466 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Bookcases
  • Dining Room
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include cable TV, insurance, legal/accounting, ground maintenance, trash, water
  • Low-Rise Condominium
  • Gulfgate Condo Subdivision

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,699

Year Built

Built in 1973

Lot Details

0

HOA Fees

$673 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Condominium
  • Lot Size: CONDO
  • Road Surface Type: Paved
  • Subdivision Name: Gulfgate Condo
  • Architectural Style: Low Rise
  • Unit Levels: Three Or More
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: 4108

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Washer
  • Interior Amenities: Breakfast Bar, Bookcases, Split Bedrooms
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1466.0
  • Dining Room Type: Bedroom, Dining Room, Kitchen, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: In Ground
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Waterfront
  • Waterfront: Yes
  • Construction Type: Block, Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2019.0
  • Community Features: Elevator, Other, See Remarks
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront
  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2022
Sold by
Jones Christopher L and Jones Julie B
Bought by
Su Jenny and Wells Robert C
Current Estimated Value
$541,084

Purchase Details

Listed on
Dec 3, 2012
Closed on
Jul 31, 2014
Sold by
Armistead Mary Ann Aiken
Bought by
Jones Christopher L and Jones Julie B
Seller's Agent
Barbara Mitchell
Counts Real Estate Group Inc
Buyer's Agent
Lindy Bryan
Beachy Beach Real Estate
List Price
$250,000
Sold Price
$215,000
Premium/Discount to List
-$35,000
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$161,250
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 24, 2004
Sold by
Harris Dorothy M
Bought by
Armistead Mary Ann Aiken
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
Su Jenny $530,000 Hess Sarah R
Jones Christopher L $215,000 Mti Title Insurance Agency I
Armistead Mary Ann Aiken $475,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Christopher L $161,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $215,000 -- --
07/31/2014 07/31/14 Sold $215,000 -14.0% $147 / Sq Ft
02/01/2014 02/01/14 Pending -- -- --
12/03/2012 12/03/12 For Sale $250,000 -- $171 / 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 $5,699 $452,625 -- $452,625
2023 $5,699 $452,625 $0 $452,625
2022 $3,852 $277,695 $0 $0
2021 $3,087 $252,450 $0 $0
2020 $2,832 $229,500 $0 $229,500
2019 $2,161 $172,125 $0 $172,125
2018 $2,913 $229,500 $0 $0
2017 $2,880 $221,128 $0 $0
2016 $2,743 $201,025 $0 $0
2015 $2,452 $182,750 $0 $0
2014 $2,843 $195,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Barbara Mitchell

    Counts Real Estate Group Inc

  • L

    Buyer's Agent in 2014

    Lindy Bryan

    Beachy Beach Real Estate

    (850) 630-2144

    20 Total Sales

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About Gulfgate Condominiums

Source: Central Panhandle Association of REALTORS®

MLS Number: 604384

Central Panhandle Association of REALTORS®

APN: 30511-105-000

Florida Bay County Panama City

32408

This home since 03 December 2012 and is currently estimated at $541,881, approximately $369 per square foot. This property was built in 1973. This home is a home located in Bay County with nearby schools including Patronis Elementary School, J.R. Arnold High School, and Surfside Middle 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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