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114 Lake Merial Shores Drive

114 Lake Merial Shores Drive, Panama City, FL 32409
Property in Lake Merial
Sold Jan 06, 2014
$385,000
114 Lake Merial Shores Drive in Panama City, FL was first built in 2013 and is 11 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 114 Lake Merial Shores Drive has 3,039 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,300 ft and the linear feet between the front and back of the lot is 1,600. In total, the area measurement of the land is 20,778 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a cathedral style roof made of materials that we aren't sure of. For those who need parking, there is a attached garage. The garage is 404 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 114 Lake Merial Shores Drive was last sold in Dec 31, 2013 for $385,000. According to our calculations, that's $111.82 per sqft. Current property owners are expected to pay $3,750 in taxes per year. The property on 114 Lake Merial Shores Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $335,323. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 404
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,778
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 3,443
  • Gross Building Area: 3,443
  • Building Area: 3,039
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,039
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE MERIAL PHASE ONE
  • Land Acres: 0.477
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE MERIAL PHASE ONE LOT 91 ORB 3576 P 615 ORB 3673 P 1249 & MINERAL RIGHTS

Ownership

  • Current Owner : SANDERS JONATHAN J
  • Current Owner 2: SANDERS JILL
  • Previous Owner : D R HORTON INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 000201

Zoning

  • Zoning: R1

Geography

  • Subdivision Phase Number: ONE
  • Parcel: 07504-191-000
  • Lot: 91
  • Meridian: SEC 19 TWN 01S RNG 14W
  • Municipality: FIRE COUNTY MOSQUITO
  • Latitude: 30.385
  • Longitude: -85.6774

    Address

  • Full Address: 114 Lake Merial Shores Dr
  • Address - House Number: 114
  • Address - Street Name: Lake Merial Shores
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City
  • Carrier Code: R002
  • 4-Digit Zip Code: 4516
  • Zip Code: 32409

Valuation

    Tax

  • Total Area: 3,648
  • Tax Year: 2023
  • Tax Amount: $3,750
  • Tax Rate Code Area: 055

    Appraisal Valuation

  • Standard Deviation: 0.2373
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 66
  • Final Value: 600,220
  • High Value: 742,660
  • Low Value: 457,779

    Market Valuation

  • Market Total Value: $407,278
  • Market Land Value: $56,100
  • Market Improvement Value: $351,178

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $335,323

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 31, 2013
  • Current Sale Recording Date: Jan 06, 2014
  • Current Sale Transaction ID: 1057733183
  • Current Sale Price: $385,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014000588

    Last Sale Mortgage

  • First Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • First Mortgage Transaction Date: Jan 06, 2014
  • First Mortgage Loan Amount: $308,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2029

About Lake Merial



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Frequently Asked Questions

What neighborhood is 114 Lake Merial Shores Drive located in?
The 114 Lake Merial Shores Drive is a located in the neighborhood of Lake Merial in Lake Merial, Panama City.
What is the average sales price for listings in 114 Lake Merial Shores Drive?
The average sales price for units in 114 Lake Merial Shores Drive is $0 currently.

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